2024-10-28T15:25:56-05:00 2024-06-30 251616561 S R SNODGRASS AC 980 NATIONAL ROAD WHEELING WV 26003 990 2023-07-01 550480299 WEST LIBERTY UNIVERSITY FOUNDATION INC WEST 3043365635 208 UNIVERSITY DRIVE WEST LIBERTY WV 26074 BETSY DELK EXECUTIVE DIRECTOR 3043365635 2024-10-25 1 1 WILLIAM J HALL EA P01217648 3042335030 2024-10-25 2023 2024-10-15 13:58:12Z BETSY DELK 208 UNIVERSITY DRIVE WEST LIBERTY WV 26074 11996079 0 X WWW.WLUFOUNDATION.ORG X 1964 WV THE WEST LIBERTY UNIVERSITY FOUNDATION RAISES, INVESTS, AND STEWARDS PRIVATE FUNDS TO STRENGTHEN WEST LIBERTY UNIVERSITY AND TO INCREASE OPPORTUNITY FOR STUDENTS OF ALL BACKGROUNDS TO PURSUE HIGHER LEARNING. 21 21 9 21 0 0 1564040 1896163 137307 180901 800262 1356943 0 0 2501609 3434007 0 0 0 0 266184 268372 0 0 0 1797111 1911258 2063295 2179630 438314 1254377 24994478 28025270 56912 80016 24937566 27945254 X THE WEST LIBERTY UNIVERSITY FOUNDATION RAISES, INVESTS, AND STEWARDS PRIVATE FUNDS TO STRENGTHEN WEST LIBERTY UNIVERSITY AND TO INCREASE OPPORTUNITY FOR STUDENTS OF ALL BACKGROUNDS TO PURSUE HIGHER LEARNING. 0 0 630901 327833 SCHOLARSHIP PROGRAMS - TO VARIOUS AND NUMEROUS STUDENTS. THE FOUNDATION ACTS AS A CONDUIT FOR VARIOUS SCHOLARSHIPS MADE TO STUDENTS OF WEST LIBERTY UNIVERSITY. 328543 170720 ATHLETIC PROGRAMS - TO ADVANCE THE VARIOUS ATHLETIC AND RELATED ENDEAVORS OF WEST LIBERTY UNIVERSITY. 393672 204562 ACADEMIC PROGRAMS - TO ADVANCE THE VARIOUS ACADEMICS AND RELATED AREAS OF WEST LIBERTY UNIVERSITY INCLUDING EDUCATIONAL LECTURE SERIES. 295829 153721 CAPITAL IMPROVEMENT PROGRAMS - TO ASSIST WEST LIBERTY UNIVERSITY WITH CAPITAL IMPROVEMENTS. 52224 27136 TO ASSIST WEST LIBERTY UNIVERSITY WITH OTHER SCHOOL PROGRAMS. 348053 180857 1701169 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X BETSY DELK 3043365635 WEST LIBERTY UNIVERSITY WEST LIBERTY WV 26074 DAN JOSEPH CHAIR 1.00 X X 0 0 0 DR CLYDE D CAMPBELL DIRECTOR 0.50 X 0 0 0 MARTY ADAMS DIRECTOR 0.50 X 0 0 0 DENISE PENZ DIRECTOR 1.00 X X 0 0 0 JASON BLAIR DIRECTOR 0.50 X 0 0 0 JOHN DOLAN CHAIR 1.00 X X 0 0 0 DAVID CROFT TREASURER 1.00 X 0 0 0 JOHN BONASSI DIRECTOR 0.50 X 0 0 0 JAMES FRUM DIRECTOR 0.50 X 0 0 0 JEREMY WEST VICE CHAIR 1.00 X 0 0 0 BETH WEAVER DIRECTOR 0.50 X 0 0 0 DON NICKERSON DIRECTOR 0.50 X 0 0 0 E ALEX PARIS III DIRECTOR 0.50 X 0 0 0 DIANE GONGAWARE DIRECTOR 0.50 X 0 0 0 ANISSA ANDERSON SECRETARY 1.00 X X 0 0 0 LINDA EDWARDS DIRECTOR 0.50 X 0 0 0 JOHN MCCULLOUGH DIRECTOR 0.50 X 0 0 0 SAMUEL STONE DIRECTOR 0.50 X 0 0 0 CHRISTINE CARDER DIRECTOR 0.50 X 0 0 0 CLIFTON SPINNER DIRECTOR 0.50 X 0 0 0 TODD COVER DIRECTOR 0.50 X 0 0 0 KATIE KACMARIK DIRECTOR 0.50 X 0 0 0 BETSY DELK EXECUTIVE DIRECTOR 40.00 X 75385 0 0 75385 0 0 0 0 0 0 0 1896163 1896163 OTHER PROGRAM REVENUE 900099 180901 180901 180901 653872 653872 9265143 8562072 703071 703071 703071 3434007 883972 0 653872 75385 75385 137912 137912 38886 38886 16189 16189 1250 1250 1489 1489 60236 60236 21893 21893 775 775 4692 4692 29226 29226 2064 2064 795 795 6256 6256 SCHOLARSHIPS - TR 630901 630901 ACADEMIC PROGRAMS - TR 393672 393672 ATHLETIC PROGRAMS - TR 328543 328543 CAPITAL IMPROVEMENTS - 295829 295829 133637 52224 81413 2179630 1701169 478461 0 623099 2319743 217305 153043 21675853 22911218 2478221 2641266 24994478 28025270 6925 54804 49987 25212 56912 80016 X 1694408 1968721 23243158 25976533 24937566 27945254 24994478 28025270 1254377 1743835 9476 0 X 0 1 X 1 1 1 X 1515800 1589872 2050301 1546245 1896163 8598381 1515800 1589872 2050301 1546245 1896163 8598381 8598381 416845 386377 419259 515129 593636 2331246 10929627 648240 0.78670 0.80760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MUTUAL FUNDS 22911218 F 22911218 BENEFICIAL INT IN TRUST 2552581 CASH SURRENDER VALUE 55920 ACCRUED INTEREST & DIVIDENDS 7553 RIGHT-OF-USE ASSET 25212 2641266 LEASE LIABILITY-OPERATING LEASES 25212 25212 X 5127082 1743835 9476 1753311 3373771 60236 60236 3434007 2119394 0 2119394 60236 60236 2179630 PART X, LINE 2: THE FOUNDATION HAS ANALYZED THE TAX POSITIONS TAKEN WITH THE INTERNAL REVENUE SERVICE AND ALL STATE AND LOCAL JURISDICTIONS WHERE IT OPERATES. THE FOUNDATION BELIEVES THAT THE INCOME TAX FILING PROVISIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE FOUNDATION'S STATEMENTS OF FINANCIAL POSITION OT STATEMENTS OF ACTIVITIES. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024. THE FOUNDATION'S TAX RETURNS THROUGH 2021 HAVE BEEN CLOSED FOR PURPOSES OF EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 60,236. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 60,236. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW. AFTER THE AUDIT COMMITTEE COMPLETES A REVIEW OF THE RETURN, RECOMMENDATIONS FOR APPROVAL ARE SENT TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS VOTE ON THE RECOMMENDATIONS MADE BY THE AUDIT COMMITTEE. IF APPROVED BY THE BOARD, THE RETURN IS THEN MADE AVAILABLE TO THE PUBLIC AS REQUIRED BY LAW. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS COMPLETES AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE TO IDENTIFY ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION DETERMINATIONS FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.