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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education West Virginia University Foundation Inc.

West Virginia University Foundation Inc.

Fiscal year ending 2019. Filed on April 10, 2020.

One Waterfront Place 7th Floor
18th Floor
Morgantown, West Virginia 26507

West Virginia University Foundation Inc. (EIN: 55-6017181) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, West Virginia University Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 202 total employees. Among the employees shown here, the average compensation is $320,695. The highest compensated employee at West Virginia University Foundation Inc. is Richard Kraich with fiscal year 2019 compensation of $573,864.

Revenue, expenses, and employee compensation

Revenue

$141,620,282

Expenses

$106,620,826

Employee compensation

$35,221,956
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Kraich
Vice President Investments and CIO
$573,864
$516,563 No related comp$57,301
Cynthia L Roth
President and Chief Executive Officer
$572,140
$529,083 No related comp$43,057
Bernard J Davisson II
Senior Vice President Development and CDO
$443,128
$389,598 No related comp$53,530
Michael E Augustine
COO, CFO, and Treasurer
$414,525
$364,056 No related comp$50,469
Jennifer Cunanan
Associate Vice President, Investments
$294,136
$239,596 No related comp$54,540
Julia Phalunas
SR EXEC Director of Priority
$239,710
$190,864 No related comp$48,846
George Omiros
Associate Vice President, Development
$234,439
$189,662 No related comp$44,777
Jeffrey K Dunn
Assistant Treasurer
$220,494
$172,815 No related comp$47,679
Mark W Cottrill
Vice President Technology and Facilities
$217,632
$172,896 No related comp$44,736
Timothy Bolling
Associate Vice President, Development
$215,348
$169,687 No related comp$45,661
Jessica Burns
Assistant Secretary
$102,227
$74,201 No related comp$28,026

Benchmark Employee Compensation

Non-Employee Board Members

Alan J Zuccari
Director
Alexis Pugh
Director
Alison Deem
Director
David S Santee
Director
Delores Ann Remo
Director
Douglas R van Scoy
Director
Eg Ken Kendrick Jr
Director
Frank Alderman
Director
George S Weaver
Director
Gina L Dubbe
Director
J Wayne Richards
Director
John B Gianola
Director

Contractors

The Carlyle Group
Investment Manager
$343,333
Encap Investments
Investment Manager
$253,736
Insight Partners
Investment Manager
$225,589
Kay Casto & Chaney Pllc
Legal
$215,106
Sanderson Asset Management
Investment Manager
$208,477

Mission Statement

The mission of the WVU Foundation is to enrich the lives of those touched by West Virginia University by maximizing charitable support and providing services to the University, its students and affiliated organizations.

Revisions to this organization profile

May 7, 2025:
2024 West Virginia University Foundation Inc. 990 filed
April 4, 2024:
2023 West Virginia University Foundation Inc. 990 filed
March 16, 2023:
2022 West Virginia University Foundation Inc. 990 filed

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