WEST VIRGINIA UNIV FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- WEST VIRGINIA UNIV FOUNDATION INC (EIN 55-6017181)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-07
- IRS object ID
- 202511279349301141
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-07T09:23:50+00:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Forvis Mazars LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 Ridgefield Court | AddressLine1Txt |
| City | Asheville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28806 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 556017181 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEST VIRGINIA UNIVERSITY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEST | BusinessNameControlTxt |
| Phone | 3042844000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE WATERFRONT PLACE 7TH FLOOR | AddressLine1Txt |
| City | MORGANTOWN | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 26507 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael E Augustine | PersonNm |
| Person Title | COO/CFO/Treasurer | PersonTitleTxt |
| Phone | 3042844000 | PhoneNum |
| Signature | 2025-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amy Bibby | PreparerPersonNm |
| PTIN | P00445891 | PTIN |
| Phone | 8282542254 | PhoneNum |
| Preparation | 2025-04-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cynthia L Roth | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE WATERFRONT PLACE 7TH FLOOR | AddressLine1Txt |
| City | MORGANTOWN | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 26507 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $564,382,018 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WVUF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1954 | FormationYr |
| Legal Domicile State | WV | LegalDomicileStateCd |
| Activity Or Mission | 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 191 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $5,352,588 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $3,283,921 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $77,015,608 | PYContributionsGrantsAmt |
| CY Contributions Grants | $169,237,554 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $18,658,399 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,775,296 | CYProgramServiceRevenueAmt |
| PY Investment Income | $41,540,928 | PYInvestmentIncomeAmt |
| CY Investment Income | $55,052,217 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$46,463 | PYOtherRevenueAmt |
| CY Other Revenue | $428,743 | CYOtherRevenueAmt |
| PY Total Revenue | $137,168,472 | PYTotalRevenueAmt |
| CY Total Revenue | $242,493,810 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $21,453,699 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $21,030,449 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $72,173,715 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $62,797,193 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $385,361 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $601,644 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $15,554,213 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $59,368,466 | PYOtherExpensesAmt |
| CY Other Expenses | $69,503,141 | CYOtherExpensesAmt |
| PY Total Expenses | $153,381,241 | PYTotalExpensesAmt |
| CY Total Expenses | $153,932,427 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$16,212,769 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $88,561,383 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,826,400,531 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,043,490,864 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,602,682,433 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,733,219,524 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,223,718,098 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,310,271,340 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $47,132,168 | ExpenseAmt |
| Desc | THE ORGANIZATION UTILIZES PRIVATE FUNDING TO SUPPORT MULTIPLE SCHOOLS, COLLEGES, AND DEPARTMENTS IMPACTING ALL LEVELS OF THE CAMPUS. AMOUNTS FUNDED IN THIS AREA ARE PRIMARILY UTILIZED TO ENHANCE SALARY LEVELS THEREBY POSITIONING WEST VIRGINIA UNIVERSITY TO BE MORE COMPETITIVE IN ATTRACTING AND RETAINING TALENTED INDIVIDUALS WITHIN THE ACADEMIC, ADMINISTRATIVE, AND RESEARCH FIELDS. THE HEALTH SCIENCES CAMPUS WAS THE PRIMARY BENEFICIARY OF FUNDED SALARIES; HOWEVER, VIRTUALLY EVERY ACADEMIC DEPARTMENT, AS WELL AS THE DEPARTMENT OF INTERCOLLEGIATE ATHLETICS, RECEIVED FUNDING FOR THIS CRITICAL FUNCTION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $26,059,819 | ExpenseAmt |
| Desc | THE ORGANIZATION UTILIZES PRIVATE FUNDING TO SUPPORT CAPITAL PROJECT INITIATIVES ACROSS CAMPUS. FOR THE CURRENT FISCAL YEAR, WEST VIRGINIA UNIVERSITY RECEIVED FUNDING FROM THE ORGANIZATION TO SUPPORT A VARIETY OF CAPITAL INITIATIVES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $21,030,449 | ExpenseAmt |
| Grant | $21,030,449 | GrantAmt |
| Desc | THE ORGANIZATION UTILIZES PRIVATE FUNDING TO SUPPORT STUDENTS WITHIN MULTIPLE SCHOOLS, COLLEGES, AND DEPARTMENTS ACROSS CAMPUS; THE MOST SIGNIFICANT OF WHICH WERE THE DEPARTMENT OF INTERCOLLEGIATE ATHLETICS, THE EBERLY COLLEGE OF ARTS AND SCIENCES, THE COLLEGE OF AGRICULTURE, NATURAL RESOURCES AND DESIGN, AND THE STATLER COLLEGE OF ENGINEERING AND MINERAL RESOURCES. SCHOLARSHIP AMOUNTS INCLUDE TUITION, BOOKS, AND ROOM AND BOARD. SCHOLARSHIP AMOUNTS ARE UTILIZED ACROSS CAMPUS TO HELP RECRUIT NATIONALLY PROMINENT STUDENTS AS WELL AS PROVIDE FUNDING SUPPORT TO GIVE OTHER STUDENTS THE OPPORTUNITY TO PURSUE AN ACADEMIC CAREER AT THE HIGHEST LEVEL. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $35,303,096 | ExpenseAmt |
| Desc | THE ORGANIZATION HAS OTHER DISBURSEMENTS IN DIRECT SUPPORT OF WEST VIRGINIA UNIVERSITY, INCLUDING FACULTY AND STAFF TRAVEL FOR EDUCATIONAL PURPOSES, CLASSROOM, LABORATORY, AND OFFICE SUPPLIES, EDUCATIONAL MATERIALS, ETC. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $35,303,096 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $129,525,532 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 610 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 191 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (true) | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Melissa L Simpson | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3042844066 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE WATERFRONT PLACE 7TH FLOOR | AddressLine1Txt |
| City | MORGANTOWN | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 26507 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Cynthia L Roth | |||||||
| President & CEO | 45.0 | Yes (X) | Yes (X) | $750,740 | $0 | $134,883 | |
| J Wayne Richards | |||||||
| Vice Chair | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Marcia A Broughton | |||||||
| Secretary | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| William Sheedy | |||||||
| Chair | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Alan J Zuccari | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Alexis Pugh | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Bradford Ritchie | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| David S Santee | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| George Bicher | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| George S Weaver III | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Jane McNeer | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Jo Ann Shaw | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Kerri Knotts | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Kevin Given | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Kevin K Sidow | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Kim Craig | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Michael T Escue | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Natalie Bush | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Ola Adekunle | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Penelope F Roll | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Robert Johnson | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Robert O Orders Jr | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Roderick Young | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Spencer Cavalier | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Susan Brewer | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Terri Hornsby | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Travis Rosiek | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Valentina Bigalke | |||||||
| Director | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Bernard J Davisson II | |||||||
| Sr. VP Development, CDO | 45.0 | Yes (X) | $476,193 | $0 | $56,598 | ||
| Jessica M Burns | |||||||
| Board Admin, Exec to CEO/Asst. Board Sec | 45.0 | Yes (X) | $94,125 | $0 | $31,103 | ||
| Melissa L Simpson | |||||||
| Asst. Treasurer | 45.0 | Yes (X) | $178,924 | $0 | $23,626 | ||
| Michael E Augustine | |||||||
| COO/CFO, Treasurer | 45.0 | Yes (X) | $425,456 | $0 | $56,598 | ||
| Richard Kraich | |||||||
| VP Investments, CIO | 45.0 | Yes (X) | $993,088 | $0 | $56,598 | ||
| Charles Kerzak | |||||||
| SeniorAssociateVP, UniversityDevelopment/ CampaignManagement | 45.0 | $240,683 | $0 | $57,915 | Yes (X) | ||
| Jeffrey Schoenherr | |||||||
| Assoc VP, Medical Development | 45.0 | $246,180 | $0 | $55,563 | Yes (X) | ||
| Jennifer Cunanan | |||||||
| Assoc VP, Investments | 45.0 | $440,801 | $0 | $67,131 | Yes (X) | ||
| Kaylon McInelly | |||||||
| Assoc VP, Investments | 45.0 | $342,689 | $0 | $50,631 | Yes (X) | ||
| Timothy Bolling | |||||||
| Sr. Assoc VP, Leadership Philanthropy | 45.0 | $244,254 | $0 | $52,971 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,433,133 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $643,617 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 46 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Clayton Dubilier & Rice LLC | ||||||
| 375 Park Avenue | 18th Floor | New York | NY | 10152 | Investment Manager | $884,334 |
| Hudson Bay Capital Management LP | ||||||
| 28 Havemeyer Place | 2nd Floor | Greenwich | CT | 06830 | Investment Manager | $531,461 |
| Ruffalo Noel Levitz | ||||||
| 1025 Kirkwood Parkway SW | Cedar Rapids | IA | 52404 | Fundraising Services | $485,827 | |
| Carlyle Group | ||||||
| 1001 Pennsylvania Avenue NW | Suite 220 South | Washington | DC | 20004 | Investment Manager | $482,021 |
| Morgantown Marriott | ||||||
| 2 Waterfront Pl | Morganton | WV | 26501 | Event Services | $442,738 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 27 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $939,141 | FundraisingAmt |
| All Other Contributions | $168,298,413 | AllOtherContributionsAmt |
| Noncash Contributions | $9,840,337 | NoncashContributionsAmt |
| Total Contributions | $169,237,554 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Other | 611710 | $11,399,286 | $11,399,286 | |
| Agency Fees | 611710 | $4,874,699 | $4,874,699 | |
| Contractual Agreements | 611710 | $1,501,311 | $1,402,711 | $98,600 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,775,296 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,788,060 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $5,253,988 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,534,072 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,931 | TotalRevenueColumnAmt |
| Exclusion | $62,931 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,975,000 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,256,852 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $718,148 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $718,148 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $718,148 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $354,170,884 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $319,906,727 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $34,264,157 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,264,157 | TotalRevenueColumnAmt |
| Exclusion | $34,264,157 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $372,293 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $939,141 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $724,629 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$352,336 | TotalRevenueColumnAmt |
| Exclusion | -$352,336 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $242,493,810 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,394,844 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $5,352,588 | UnrelatedBusinessRevenueAmt |
| Exclusion | $49,508,824 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,030,449 | TotalAmt |
| Program Services | $21,030,449 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,194,421 | TotalAmt |
| Management And General | $2,068,750 | ManagementAndGeneralAmt |
| Fundraising | $1,125,671 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,594,823 | TotalAmt |
| Program Services | $38,991,896 | ProgramServicesAmt |
| Management And General | $1,136,558 | ManagementAndGeneralAmt |
| Fundraising | $7,466,369 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,572,769 | TotalAmt |
| Management And General | $492,434 | ManagementAndGeneralAmt |
| Fundraising | $1,080,335 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,364,797 | TotalAmt |
| Program Services | $8,137,797 | ProgramServicesAmt |
| Management And General | $384,174 | ManagementAndGeneralAmt |
| Fundraising | $842,826 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,070,383 | TotalAmt |
| Management And General | $335,136 | ManagementAndGeneralAmt |
| Fundraising | $735,247 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $247,041 | TotalAmt |
| Program Services | $21,347 | ProgramServicesAmt |
| Management And General | $70,665 | ManagementAndGeneralAmt |
| Fundraising | $155,029 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,465 | TotalAmt |
| Program Services | $4,145 | ProgramServicesAmt |
| Management And General | $156,320 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $601,644 | TotalAmt |
| Fundraising | $601,644 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,948,550 | TotalAmt |
| Program Services | $4,856,730 | ProgramServicesAmt |
| Management And General | $91,820 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,281,661 | TotalAmt |
| Program Services | $4,982,694 | ProgramServicesAmt |
| Management And General | $406,707 | ManagementAndGeneralAmt |
| Fundraising | $892,260 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $716,228 | TotalAmt |
| Program Services | $499,105 | ProgramServicesAmt |
| Management And General | $67,982 | ManagementAndGeneralAmt |
| Fundraising | $149,141 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,996,447 | TotalAmt |
| Program Services | $8,475,610 | ProgramServicesAmt |
| Management And General | $163,075 | ManagementAndGeneralAmt |
| Fundraising | $357,762 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,491,411 | TotalAmt |
| Program Services | $346,055 | ProgramServicesAmt |
| Management And General | $358,611 | ManagementAndGeneralAmt |
| Fundraising | $786,745 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,227,559 | TotalAmt |
| Program Services | $908,002 | ProgramServicesAmt |
| Management And General | $100,053 | ManagementAndGeneralAmt |
| Fundraising | $219,504 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,711,370 | TotalAmt |
| Program Services | $3,403,042 | ProgramServicesAmt |
| Management And General | $96,538 | ManagementAndGeneralAmt |
| Fundraising | $211,790 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,664,937 | TotalAmt |
| Program Services | $5,051,045 | ProgramServicesAmt |
| Management And General | $192,210 | ManagementAndGeneralAmt |
| Fundraising | $421,682 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,255 | TotalAmt |
| Management And General | $145,045 | ManagementAndGeneralAmt |
| Fundraising | $318,210 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $515,708 | TotalAmt |
| Program Services | $221,975 | ProgramServicesAmt |
| Management And General | $91,968 | ManagementAndGeneralAmt |
| Fundraising | $201,765 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Capital Projects | $26,059,771 | $26,059,819 | -$15 | -$33 |
| Provision for Losses | $4,299,948 | $4,299,948 | ||
| Transfers to University & Affiliates | $2,500,000 | $2,500,000 | ||
| Distribution for Research Initiatives | $1,900,025 | $1,900,025 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $318,765 | TotalAmt |
| Program Services | $335,848 | ProgramServicesAmt |
| Management And General | -$5,349 | ManagementAndGeneralAmt |
| Fundraising | -$11,734 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,932,427 | TotalAmt |
| Program Services | $129,525,532 | ProgramServicesAmt |
| Management And General | $8,852,682 | ManagementAndGeneralAmt |
| Fundraising | $15,554,213 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $249 | BOYAmt |
| EOY | $250 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,151,417 | BOYAmt |
| EOY | $117,440,864 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,469,423 | BOYAmt |
| EOY | $103,438,921 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,116,493 | BOYAmt |
| EOY | $2,047,338 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,648,673 | BOYAmt |
| EOY | $1,356,974 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000,000 | BOYAmt |
| EOY | $1,000,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $40,087,888 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,976,806 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,184,838 | BOYAmt |
| EOY | $12,111,082 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $908,655,945 | BOYAmt |
| EOY | $1,076,305,258 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,710,410,270 | BOYAmt |
| EOY | $1,687,502,736 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,763,223 | BOYAmt |
| EOY | $42,287,441 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,826,400,531 | BOYAmt |
| EOY | $3,043,490,864 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,603,679 | BOYAmt |
| EOY | $7,412,036 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,644,870 | BOYAmt |
| EOY | $11,403,258 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,577,433,884 | BOYAmt |
| EOY | $1,714,404,230 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,602,682,433 | BOYAmt |
| EOY | $1,733,219,524 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,890,736 | BOYAmt |
| EOY | $71,960,173 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,164,827,362 | BOYAmt |
| EOY | $1,238,311,167 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,223,718,098 | BOYAmt |
| EOY | $1,310,271,340 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,826,400,531 | BOYAmt |
| EOY | $3,043,490,864 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $88,561,383 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$567,054 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,441,087 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $102,964,854 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $112,988,601 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $113,807,754 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $77,015,608 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $169,237,554 | CurrentTaxYearAmt |
| Total | $576,014,371 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $102,964,854 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $112,988,601 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $113,807,754 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $77,015,608 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $169,237,554 | CurrentTaxYearAmt |
| Total | $576,014,371 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $76,444,183 | SubstantialContributorsTotAmt |
| Public Support Total170 | $499,570,188 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,758,727 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,123,455 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,987,004 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,097,912 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,825,991 | CurrentTaxYearAmt |
| Total | $88,793,089 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $664,807,460 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $78,056,481 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.7515 | PublicSupportCY170Pct |
| Public Support PY170 | 0.8017 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $944,518,293 | BeginningYearBalanceAmt |
| Contributions | $20,824,570 | ContributionsAmt |
| Investment Earnings Or Losses | $32,782,183 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,868,489 | GrantsOrScholarshipsAmt |
| Other Expenditures | $16,642,578 | OtherExpendituresAmt |
| Administrative Expenses | $11,324,874 | AdministrativeExpensesAmt |
| End Year Balance | $958,289,105 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $940,660,144 | BeginningYearBalanceAmt |
| Contributions | $20,689,752 | ContributionsAmt |
| Investment Earnings Or Losses | $19,845,520 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,125,892 | GrantsOrScholarshipsAmt |
| Other Expenditures | $15,104,911 | OtherExpendituresAmt |
| Administrative Expenses | $11,446,320 | AdministrativeExpensesAmt |
| End Year Balance | $944,518,293 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $922,954,058 | BeginningYearBalanceAmt |
| Contributions | $28,138,931 | ContributionsAmt |
| Investment Earnings Or Losses | $23,488,466 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,843,080 | GrantsOrScholarshipsAmt |
| Other Expenditures | $13,622,201 | OtherExpendituresAmt |
| Administrative Expenses | $11,456,030 | AdministrativeExpensesAmt |
| End Year Balance | $940,660,144 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $728,197,628 | BeginningYearBalanceAmt |
| Contributions | $24,512,055 | ContributionsAmt |
| Investment Earnings Or Losses | $199,773,533 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,142,103 | GrantsOrScholarshipsAmt |
| Other Expenditures | $12,057,035 | OtherExpendituresAmt |
| Administrative Expenses | $9,330,020 | AdministrativeExpensesAmt |
| End Year Balance | $922,954,058 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $732,490,973 | BeginningYearBalanceAmt |
| Contributions | $20,507,176 | ContributionsAmt |
| Investment Earnings Or Losses | $23,217,978 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $39,863,977 | OtherExpendituresAmt |
| Administrative Expenses | $8,154,522 | AdministrativeExpensesAmt |
| End Year Balance | $728,197,628 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0955 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.9045 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,610,860 | OtherCostOrOtherBasisAmt |
| Book Value | $2,610,860 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,058,226 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,259,915 | DepreciationAmt |
| Book Value | $8,798,311 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $593,714 | OtherCostOrOtherBasisAmt |
| Depreciation | $180,958 | DepreciationAmt |
| Book Value | $412,756 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,661,570 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,588,870 | DepreciationAmt |
| Book Value | $72,700 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,163,518 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,947,063 | DepreciationAmt |
| Book Value | $216,455 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $12,111,082 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (15 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Hedge Funds | $186,189,501 | F |
| Buyouts | $187,530,306 | F |
| Natural Resources - Private | $74,665,172 | F |
| Real Estate - Private | $79,934,578 | F |
| Fixed Income | F | |
| International Equity | $38,766,366 | F |
| Private Opportunistic Fixed Income | $49,371,202 | F |
| Venture Capital | $475,084,805 | F |
| Co-Investments | $18,227,974 | F |
| Infrastructure | $11,507,855 | F |
| Money Market Funds | F | |
| Real Estate - Public | F | |
| Marketable Opportunistic Fixed Income | $51,303,641 | F |
| Public Fixed Income | $427,619,247 | F |
| U.S Equities | $87,302,089 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,687,502,736 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED SUPPLEMENTAL RETIREMENT BENEFITS | $2,144,152 |
| FUNDS HELD IN CUSTODY FOR OTHERS | $1,698,696,238 |
| Annuities Payable | $13,563,840 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,714,404,230 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $239,117,725 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$567,054 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,981,481 | OtherRevenueAmt |
| Revenue Not Reported | $1,414,427 | RevenueNotReportedAmt |
| Revenue Subtotal | $237,703,298 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $4,790,512 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,790,512 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $242,493,810 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $146,823,448 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,981,481 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,981,481 | ExpensesNotReportedAmt |
| Expenses Subtotal | $144,841,967 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $4,790,512 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $4,299,948 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $9,090,460 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $153,932,427 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 Intended uses of endowment funds | ASSETS AND CONTRIBUTIONS FOR WHICH THE DONOR STIPULATES THAT RESOURCES BE MAINTAINED PERMANENTLY ARE CONSIDERED ENDOWMENT FUNDS. SUCH ASSETS ARE COMPRISED OF ENDOWMENTS, WHICH ARE SUBJECT TO THE RESTRICTIONS OF GIFT INSTRUMENTS REQUIRING THAT THE FUND BE INVESTED IN PERPETUITY. SPENDING FROM THE FUND IS GOVERNED BY THE ORGANIZATION'S SPEND POLICY AS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Foundation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code (IRC). Accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The Foundation follows the Financial Accounting Standards Board's (FASB) authoritative guidance on accounting for uncertainty in income taxes. Tax positions must meet a recognition threshold of more-likely-than-not for the benefit or obligation of those tax positions to be recognized in the financial statements. The Foundation has determined that it does not have any material unrecognized tax benefits or obligations at June 30, 2024 and June 30, 2023. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990 - 1256852 FUNDRAISING EXPENSES NETTED WITH REVENUE ON FORM 990 - 724629 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | FUNDRAISING EXPENSES NETTED WITH REVENUE ON FORM 990 - 1256852 RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990 - 724629 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | Provision for Uncollectible Receivables - 4299948 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Various Partnership Interests | $88,144,677 |
| East Asia and the Pacific | 0 | 0 | Various Partnership Interests | $57,883,182 |
| South Asia | 0 | 0 | Various Partnership Interests | $5,124,977 |
| North America (Canada & Mexico only) | 0 | 0 | Various Partnership Interests | $8,018,161 |
| Middle East and North Africa | 0 | 0 | Various Partnership Interests | $14,473,347 |
| South America | 0 | 0 | Various Partnership Interests | $5,615,420 |
| Russia and Neighboring States | 0 | 0 | Various Partnership Interests | $956,905 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $180,216,669 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $180,216,669 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | EAST ASIA AND THE PACIFI; EUROPE (INCLUDING ICELAND AND GREENLAND; MIDDLE EAST AND NORTH AFRIC; NORTH AMERICA (CANADA & MEXICO ONLY; RUSSIA AND NEIGHBORING STATE; SOUTH AMERIC; SOUTH ASI | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ruffalo Noel Levitz | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 Kirkwood Parkway SW | AddressLine1Txt |
| City | Cedar Rapids | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52404 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | The Organization contracted with a professional fundraiser to assist with ongoing fundraising campaigns. Contributions relating to these campaigns will be received over multiple tax periods. | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $7,074,000 | GrossReceiptsAmt |
| Retained By Contractor | $601,644 | RetainedByContractorAmt |
| Net To Organization | $6,472,356 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $7,074,000 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $601,644 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $6,472,356 | TotalNetToOrganizationAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Athletic Events | Event1Nm |
| Gross Receipts Event1 | $177,481 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $77,440 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $100,041 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $7,230 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $61,647 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,760 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $1,788 | OtherDirectExpensesEvent1Amt |
| Event2 | Cancer Ctr Events | Event2Nm |
| Gross Receipts Event2 | $855,161 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $655,959 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $199,202 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $5,980 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $103,064 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $176,290 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $119,549 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $33,905 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $278,792 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $205,742 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $73,050 | GrossRevenueOtherEventsAmt |
| Cash Prizes Other Events | $1,188 | CashPrizesOtherEventsAmt |
| Non Cash Prizes Other Events | $6,779 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $7,343 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $172,194 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $19,409 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $6,503 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $1,311,434 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $939,141 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $372,293 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $1,188 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $19,989 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $110,407 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $410,131 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $140,718 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $42,196 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $724,629 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$352,336 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses | FormAndLineReferenceDesc |
| Explanation | RUFFALO NOEL LEVITZ-IN ADDITION TO PAYMENTS FOR SERVICES, THE ORGANIZATION PAID FOR CERTAIN COSTS SEPARATELY. THESE COSTS INCLUDE: $57,021 - POSTAGE $58,796 - SOFTWARE AS A SERVICE (SAAS); | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | West Virginia University | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 6201 | AddressLine1Txt |
| City | Morgantown | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 26506 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 556000842 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $21,030,449 | CashGrantAmt |
| Purpose Of Grant | To support students of West Virginia University | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION REMITS FUNDS TO WEST VIRGINIA UNIVERSITY UPON THE RECEIPT OF INVOICES/REQUESTS FOR PAYMENT APPROVED BY THE APPROPRIATE BUDGET OFFICER. PRIOR TO REMITTING THE FUNDS TO WEST VIRGINIA UNIVERSITY, THE ORGANIZATION'S STAFF REVIEWS THE AUTHORIZED REQUEST TO ENSURE THAT THE REQUEST COMPLIES WITH FUND RESTRICTIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cynthia L Roth | ||||||||||||||
| President & CEO | $506,393 | $0 | $120,000 | $0 | $124,347 | $0 | $123,071 | $0 | $11,812 | $0 | $885,623 | $0 | $120,615 | $0 |
| Richard Kraich | ||||||||||||||
| VP Investments, CIO | $509,370 | $0 | $471,050 | $0 | $12,668 | $0 | $36,300 | $0 | $20,298 | $0 | $1,049,686 | $0 | $0 | $0 |
| Bernard J Davisson II | ||||||||||||||
| Sr. VP Development, CDO | $389,739 | $0 | $75,250 | $0 | $11,204 | $0 | $36,300 | $0 | $20,298 | $0 | $532,791 | $0 | $0 | $0 |
| Michael E Augustine | ||||||||||||||
| COO/CFO, Treasurer | $326,884 | $0 | $87,368 | $0 | $11,204 | $0 | $36,300 | $0 | $20,298 | $0 | $482,054 | $0 | $0 | $0 |
| Melissa L Simpson | ||||||||||||||
| Asst. Treasurer | $178,564 | $0 | $0 | $0 | $360 | $0 | $19,944 | $0 | $3,682 | $0 | $202,550 | $0 | $0 | $0 |
| Jennifer Cunanan | ||||||||||||||
| Assoc VP, Investments | $311,757 | $0 | $128,684 | $0 | $360 | $0 | $39,600 | $0 | $27,531 | $0 | $507,932 | $0 | $0 | $0 |
| Kaylon McInelly | ||||||||||||||
| Assoc VP, Investments | $232,981 | $0 | $109,468 | $0 | $240 | $0 | $23,100 | $0 | $27,531 | $0 | $393,320 | $0 | $0 | $0 |
| Jeffrey Schoenherr | ||||||||||||||
| Assoc VP, Medical Development | $245,628 | $0 | $0 | $0 | $552 | $0 | $28,032 | $0 | $27,531 | $0 | $301,743 | $0 | $0 | $0 |
| Charles Kerzak | ||||||||||||||
| SeniorAssociateVP, UniversityDevelopment/ CampaignManagement | $240,131 | $0 | $0 | $0 | $552 | $0 | $30,384 | $0 | $27,531 | $0 | $298,598 | $0 | $0 | $0 |
| Timothy Bolling | ||||||||||||||
| Sr. Assoc VP, Leadership Philanthropy | $243,222 | $0 | $0 | $0 | $1,032 | $0 | $25,440 | $0 | $27,531 | $0 | $297,225 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part I, Line 4a Severance or change-of-control payment | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION HAS ESTABLISHED A NON-QUALIFIED 457(F) PLAN FOR CERTAIN EXECUTIVES. CONTRIBUTIONS WERE MADE TO THE PLAN IN CALENDAR YEAR 2023 FOR THE FOLLOWING INDIVIDUALS: $86,771 - CYNTHIA ROTH - PRESIDENT & CEO | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 122 | ContributionCnt |
| Noncash Contributions Rpt F990 | $8,757,321 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Other - FMV | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,083,016 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Other - Appraisal | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions | FormAndLineReferenceDesc |
| Explanation | SALE OF REAL ESTATE PROPERTY IS CONDUCTED BY A REAL ESTATE AGENT | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ 35,303,096 including grants of $) THE ORGANIZATION HAS OTHER DISBURSEMENTS IN DIRECT SUPPORT OF WEST VIRGINIA UNIVERSITY, INCLUDING FACULTY AND STAFF TRAVEL FOR EDUCATIONAL PURPOSES, CLASSROOM, LABORATORY, AND OFFICE SUPPLIES, EDUCATIONAL MATERIALS, ETC. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | ANNUALLY, THE MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF THE ORGANIZATION REVIEW THE FORM 990 AFTER COMPLETION OF THE FORM BY MANAGEMENT WITH THE ASSISTANCE, GUIDANCE, AND REVIEW OF THE INDEPENDENT ACCOUNTING FIRM. THE MEMBERS EACH RECEIVE A COMPLETE COPY OF THE FORM 990 AND ALL SCHEDULES PRIOR TO THE MEETING SO THAT THEY HAVE AN OPPORTUNITY TO REVIEW. DURING THE MEETING, THE ACCOUNTING FIRM AND MANAGEMENT STAFF REVIEW THE RETURN AND ANSWER QUESTIONS. ITEMS REQUIRING FURTHER REVIEW OR ADDITIONAL INFORMATION ARE NOTED AND CHANGES ARE MADE TO THE RETURN AS NECESSARY. ADDITIONALLY, PRIOR TO FILING THE FORM 990, THE AUDIT COMMITTEE REPORTS ITS REVIEW TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND A COPY OF THE FORM IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD. |
| Form 990, Part VI, Line 12c Conflict of interest policy | ANNUALLY, EACH EMPLOYEE AND BOARD MEMBER IS ASKED TO REVIEW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THE INDIVIDUAL THEN MUST COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY FORM. COMPLETED EMPLOYEE FORMS ARE SUBMITTED TO THE ORGANIZATION'S Asst. VP for talent management and culture, WHILE THE COMPLETED BOARD MEMBER FORMS ARE SUBMITTED TO THE ORGANIZATION'S PRESIDENT. ALL FORMS RECEIVED BY TALENT MANAGEMENT & CULTURE AND THE ORGANIZATION'S PRESIDENT ARE REVIEWED AND EVALUATED. ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST AND RELATED CONCLUSIONS ARE REPORTED BY THE PRESIDENT AND CEO, ANNUALLY, TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE POLICY ADDRESSES THE FOLLOWING SITUATIONS: 1) THE NAMES OF ANY PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. 2) THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. THE PRESIDENT AND CEO SHALL CONSULT WITH THE CHAIRMAN OF THE BOARD AND THE AUDIT COMMITTEE AS APPROPRIATE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE INDIVIDUAL MAY NOT PARTICIPATE IN ANY DISCUSSION OF, OR DECISION REGARDING, THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | DETERMINATION OF THE CEO'S COMPENSATION IS MADE AS FOLLOWS: THE COMPENSATION & MANAGEMENT DEVELOPMENT COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS EVALUATES THE CEO'S PERFORMANCE AND RECEIVES COMPARATIVE COMPENSATION AND BENEFIT DATA. DATA SOURCES INCLUDE SURVEYS FROM COMPARABLE ORGANIZATIONS COLLECTED AND COMPILED BY AN INDEPENDENT COMPENSATION CONSULTANT REPORTING TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE DATA PROVIDED TO THE COMMITTEE INCLUDES, WHEN AVAILABLE, INFORMATION ABOUT THE SIZE OF THE ORGANIZATIONS IN THE COMPARISON AND THE TENURE OF THE EMPLOYEES. THE COMPENSATION COMMITTEE DEVELOPS A RECOMMENDATION, MEETING IN EXECUTIVE SESSION, THE BOARD OF DIRECTORS RECEIVES THE RECOMMENDATION FROM THE COMMITTEE, DISCUSSES THE RECOMMENDATION, AND ACCEPTS OR AMENDS THE RECOMMENDATION MADE BY THE COMMITTEE. THE BOARD OF DIRECTORS EVALUATES THE CEO'S PERFORMANCE AND THEN PASSES A RESOLUTION SETTING THE CEO'S ANNUAL COMPENSATION AND BENEFITS PACKAGE. MINUTES ARE MAINTAINED ON A CONCURRENT BASIS BY THE COMMITTEE AND THE BOARD. DETERMINATION OF OTHER OFFICERS KEY EMPLOYEES' COMPENSATION IS MADE AS FOLLOWS: THE ORGANIZATION'S PRESIDENT AND CEO EVALUATES EACH EXECUTIVE OFFICER'S PERFORMANCE AND OBTAINS AND/OR COMPILES COMPARATIVE COMPENSATION AND BENEFIT DATA FROM THE INDEPENDENT CONSULTANT. BASED ON THIS INFORMATION, HE/SHE MAKES HIS/HER RECOMMENDATION FOR EACH EXECUTIVE OFFICER'S ANNUAL COMPENSATION. THE COMPARATIVE DATA AND THE PRESIDENT'S RECOMMENDATIONS ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | DETERMINATION OF THE CEO'S COMPENSATION IS MADE AS FOLLOWS: THE COMPENSATION & MANAGEMENT DEVELOPMENT COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS EVALUATES THE CEO'S PERFORMANCE AND RECEIVES COMPARATIVE COMPENSATION AND BENEFIT DATA. DATA SOURCES INCLUDE SURVEYS FROM COMPARABLE ORGANIZATIONS COLLECTED AND COMPILED BY AN INDEPENDENT COMPENSATION CONSULTANT REPORTING TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE DATA PROVIDED TO THE COMMITTEE INCLUDES, WHEN AVAILABLE, INFORMATION ABOUT THE SIZE OF THE ORGANIZATIONS IN THE COMPARISON AND THE TENURE OF THE EMPLOYEES. THE COMPENSATION COMMITTEE DEVELOPS A RECOMMENDATION, MEETING IN EXECUTIVE SESSION, THE BOARD OF DIRECTORS RECEIVES THE RECOMMENDATION FROM THE COMMITTEE, DISCUSSES THE RECOMMENDATION, AND ACCEPTS OR AMENDS THE RECOMMENDATION MADE BY THE COMMITTEE. THE BOARD OF DIRECTORS EVALUATES THE CEO'S PERFORMANCE AND THEN PASSES A RESOLUTION SETTING THE CEO'S ANNUAL COMPENSATION AND BENEFITS PACKAGE. MINUTES ARE MAINTAINED ON A CONCURRENT BASIS BY THE COMMITTEE AND THE BOARD. DETERMINATION OF OTHER OFFICERS KEY EMPLOYEES' COMPENSATION IS MADE AS FOLLOWS: THE ORGANIZATION'S PRESIDENT AND CEO EVALUATES EACH EXECUTIVE OFFICER'S PERFORMANCE AND OBTAINS AND/OR COMPILES COMPARATIVE COMPENSATION AND BENEFIT DATA FROM THE INDEPENDENT CONSULTANT. BASED ON THIS INFORMATION, HE/SHE MAKES HIS/HER RECOMMENDATION FOR EACH EXECUTIVE OFFICER'S ANNUAL COMPENSATION. THE COMPARATIVE DATA AND THE PRESIDENT'S RECOMMENDATIONS ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST AND FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEB SITE. |
| Form 990, Part IX, Line 13 | The Foundation reimburses West Virginia University for many expenditures incurred, including salary/benefit costs, office expenses, travel, etc. The Foundation's allocable portion of these costs include a portion of the amounts presented in these respective expenditure categories on Part IX. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | GAIN/LOSS ON REVALUATION OF ANNUITIES PAYABLE - 516286; GAIN/LOSS ON REVALUATION OF EXTERNAL TRUSTS - -1957373; |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|
| Charitable Remainder Trust (46) | ||||
| Financial Support | WV | NA | Trust | Yes (true) |
| Perpetual Trusts (13) | ||||
| Financial Support | WV | NA | Trust | Yes (true) |
| Charitable Lead Trust (5) | ||||
| Financial Support | WV | NA | Trust | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |