Nonprofit · EIN 55-6019228
WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC
Tax-exempt · INSTITUTE, WV 25112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,121,702 | $3,369,105 | $5,752,597 | $28,756,670 | $789,645 | $27,967,025 |
| June 30, 2024 | 990 | $4,088,228 | $3,566,288 | $521,940 | $21,510,193 | $1,076,797 | $20,433,396 |
| June 30, 2023 | 990 | $3,692,140 | $3,278,613 | $413,527 | $19,287,091 | $371,860 | $18,915,231 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,350,202
- Program service revenue
- $0
- Investment income
- $440,740
- Net rental income
- $253,285
- Net gain from sales of assets
- $9,200
- Net income from fundraising events
- $77,475
- Other revenue
- $330,760
Expenses
- Grants and similar amounts paid
- $1,041,779
- Other salaries and wages
- $480,495
- Salaries, compensation and benefits (total)
- $480,495
- Professional fundraising fees
- $0
- Legal fees
- $600
- Accounting fees
- $19,850
- Occupancy
- $224,712
- Travel
- $136,116
- Depreciation
- $101,070
- Program services (functional)
- $2,417,545
- Management and general (functional)
- $844,370
- Fundraising (functional)
- $107,190
Balance sheet and other
- Total assets, start of year
- $21,510,193
- Total assets, end of year
- $28,756,670
- Total liabilities, end of year
- $789,645
- Net assets, end of year
- $27,967,025
- Land, buildings and equipment
- $1,445,285
- Net assets without donor restrictions
- $1,499,276
- Net assets with donor restrictions
- $26,467,749
- Gross receipts
- $36,487,769
- Employees
- 0
- Volunteers
- 46
- Year formed
- 1959
- State of legal domicile
- WV
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR CHARLES R BAILEY | DIRECTOR Trustee or director | 1 | $0 |
| MRS LEAH GLOVER | DIRECTOR Trustee or director | 1 | $0 |
| MR CHRISTOPHER PRICE | DIRECTOR Trustee or director | 1 | $0 |
| MR MARK A GRIMMETT | DIRECTOR Trustee or director | 1 | $0 |
| MRS MINNIE H JONES | DIRECTOR Trustee or director | 1 | $0 |
| MARK W KELLEY | DIRECTOR Trustee or director | 1 | $0 |
| MR MARK PENDELTON | DIRECTOR Trustee or director | 1 | $0 |
| MR ALLAN LEE MCVEY | DIRECTOR Trustee or director | 1 | $0 |
| COL PAMELA D CARTER | DIRECTOR Trustee or director | 1 | $0 |
| DR SHERI SESAY-TUFFOUR | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MR JONATHAN TUCKER | DIRECTOR Trustee or director | 1 | $0 |
| DR ANN BROTHERS SMITH | DIRECTOR Trustee or director | 1 | $0 |
| MR JAMES UNDERHILL | DIRECTOR Trustee or director | 1 | $0 |
| MR FRANK C WALKER II | DIRECTOR Trustee or director | 1 | $0 |
| GREGORY T WILSON MPA | DIRECTOR Trustee or director | 1 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR WALTER M WILKERSON | DIRECTOR Trustee or director | 1 | $0 |
| MR RANDALL COLEMAN | DIRECTOR Trustee or director | 1 | $0 |
| DR JOHN L FULLER | SECRETARY Trustee or director, Officer | 1 | $0 |
| MR DANNY BLAIR | TREASURER Trustee or director, Officer | 1 | $0 |
| DR SAMI M GHAREEB | DIRECTOR Trustee or director | 1 | $0 |
| MR BYARD COLEMAN | DIRECTOR Trustee or director | 1 | $0 |
| MS JENNIFER HERRALD OAKLEY | CHAIR Trustee or director, Officer | 1 | $0 |
| MRS BETTY CARDWELL SPENCER | DIRECTOR Trustee or director | 1 | $0 |
| MR JULIAN IRVING | DIRECTOR Trustee or director | 1 | $0 |
| MR JOHN MACCORKLE | DIRECTOR Trustee or director | 1 | $0 |
| MR WILLIAM E SAWYERS | DIRECTOR Trustee or director | 1 | $0 |
| MR MAURICE WILKERSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR CHARLES R BAILEY | DIRECTOR Trustee or director | 1 | $0 |
| MRS LEAH GLOVER | DIRECTOR Trustee or director | 1 | $0 |
| MR CHRISTOPHER PRICE | DIRECTOR Trustee or director | 1 | $0 |
| MR MARK A GRIMMETT | DIRECTOR Trustee or director | 1 | $0 |
| MRS MINNIE H JONES | DIRECTOR Trustee or director | 1 | $0 |
| MARK W KELLEY | DIRECTOR Trustee or director | 1 | $0 |
| MR MARK PENDELTON | DIRECTOR Trustee or director | 1 | $0 |
| MR ALLAN LEE MCVEY | DIRECTOR Trustee or director | 1 | $0 |
| MR JOHN MACCORKLE | DIRECTOR Trustee or director | 1 | $0 |
| DR SHERI SESAY-TUFFOUR | DIRECTOR Trustee or director | 1 | $0 |
| MR JONATHAN TUCKER | DIRECTOR Trustee or director | 1 | $0 |
| DR ANN BROTHERS SMITH | DIRECTOR Trustee or director | 1 | $0 |
| MR JAMES UNDERHILL | DIRECTOR Trustee or director | 1 | $0 |
| MR FRANK C WALKER II | DIRECTOR Trustee or director | 1 | $0 |
| GREGORY T WILSON MPA | DIRECTOR Trustee or director | 1 | $0 |
| MR WALTER M WILKERSON | DIRECTOR Trustee or director | 1 | $0 |
| MR WILLIAM E SAWYERS | DIRECTOR Trustee or director | 1 | $0 |
| DR JOHN L FULLER | SECRETARY Trustee or director, Officer | 1 | $0 |
| MR DANNY BLAIR | TREASURER Trustee or director, Officer | 1 | $0 |
| DR SAMI M GAREEB | CHAIR Trustee or director, Officer | 1 | $0 |
| MR BYARD COLEMAN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MS JENNIFER HERRALD OAKLEY | DIRECTOR Trustee or director | 1 | $0 |
| MRS BETTY CARDWELL SPENCER | DIRECTOR Trustee or director | 1 | $0 |
| MR W MAURICE WILKERSON JR | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR CHARLES R BAILEY | DIRECTOR Trustee or director | 1 | $0 |
| MRS LEAH GLOVER | DIRECTOR Trustee or director | 1 | $0 |
| MR CHRISTOPHER PRICE | DIRECTOR Trustee or director | 1 | $0 |
| MR MARK A GRIMMETT | DIRECTOR Trustee or director | 1 | $0 |
| MRS MINNIE H JONES | DIRECTOR Trustee or director | 1 | $0 |
| MARK W KELLEY | DIRECTOR Trustee or director | 1 | $0 |
| MR MARK PENDELTON | DIRECTOR Trustee or director | 1 | $0 |
| MR ALLAN LEE MCVEY | DIRECTOR Trustee or director | 1 | $0 |
| MR GREGORY V MONROE | DIRECTOR Trustee or director | 1 | $0 |
| DR SHERI SESAY-TUFFOUR | DIRECTOR Trustee or director | 1 | $0 |
| MR JONATHAN TUCKER | DIRECTOR Trustee or director | 1 | $0 |
| DR ANN BROTHERS SMITH | DIRECTOR Trustee or director | 1 | $0 |
| MR JAMES UNDERHILL | DIRECTOR Trustee or director | 1 | $0 |
| MR FRANK C WALKER II | DIRECTOR Trustee or director | 1 | $0 |
| GREGORY T WILSON MPA | DIRECTOR Trustee or director | 1 | $0 |
| MR WALTER M WILKERSON | DIRECTOR Trustee or director | 1 | $0 |
| MR WILLIAM E SAWYERS | DIRECTOR Trustee or director | 1 | $0 |
| DR JOHN L FULLER | SECRETARY Trustee or director, Officer | 1 | $0 |
| MR DANNY BLAIR | TREASURER Trustee or director, Officer | 1 | $0 |
| DR SAMI M GAREEB | DIRECTOR Trustee or director | 1 | $0 |
| MR BYARD COLEMAN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MS JENNIFER HERRALD OAKLEY | DIRECTOR Trustee or director | 1 | $0 |
| MRS BETTY CARDWELL SPENCER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1000, INSTITUTE, WV 25112-1000
- In care of
- % PATRICIA SCHUMANN
- Principal officer (990 for 2024)
- TREY JONES, 112 FERRELL HALL, INSTITUTE, WV 25112
- Signed the 990
- TREY JONES, PRESIDENT
- Phone
- (304) 766-3130
- Website
- WWW.WVSTATEU.EDU/FOUNDATION
- Return prepared by
- SUTTLE & STALNAKER PLLC
Mission
TO SUPPORT THE MISSION OF WEST VIRGINIA STATE UNIVERSITY.
Program accomplishments
- TO PROVIDE SCHOLARSHIPS TO THE STUDENTS OF WEST VIRGINIA STATE UNIVERSITY.Expenses $1,071,094 · grants $1,041,779
- TO PROVIDE SUPPORY FOR THE STUDENT AND FACULTY PROGRAMS OF WEST VIRGINIA STATE UNIVERSITY.Expenses $1,346,451
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 55-6019228
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1965
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $28,756,670
- Income (IRS master file)
- $36,487,769
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,121,702 | $3,369,105 | $28,756,670 | IRS |
| 990 | June 2024 | $4,088,228 | $3,566,288 | $21,510,193 | IRS |
| 990 | June 2023 | $3,692,140 | $3,278,613 | $19,287,091 | XML |
| 990 | June 2022 | $4,804,256 | $2,341,475 | $19,448,293 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 55-6019228).
Questions about WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC
- What is the EIN of WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC is 55-6019228.
- Is WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names TREY JONES.
- Who are the officers and directors of WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 27 people; 0 received compensation from the organization.
- How much revenue does WEST VIRGINIA STATE UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,121,702, expenses of $3,369,105 and total assets of $28,756,670 at year end.
Other nonprofits in INSTITUTE
- NATIONAL W CLUB ASSOCIATION OF WEST VIRGINIA STATE COLLEGE ALUMNI ASSO EIN 55-0761274 · last filed 990-N for 2024
- KANAWHA VALLEY ALUMNI CHAPTER EIN 55-0774438 · last filed 990-N for 2024
- WEST VIRGINIA STATE UNIVERSITY RESEARCH AND DEVELOPMENT CORP EIN 55-0708567 · last filed 990 for 2025
- INSTITUTE VOLUNTEER FIRE DEPARTMENT INC EIN 55-0118860 · last filed 990 for 2025
- OMEGA PSI PHI FRANTERNITY EIN 85-4263411 · last filed 990-N for 2025
- WEST VIRGINIA STATE COLLEGE FOUNDATION PROPERTIES INC EIN 55-0713213 · last filed 990-N for 2024
- PRESTIGIOUS PEARLS OF WEST VIRGINIA EIN 35-2936162 · last filed 990-N for 2025
- THETA PSI CHAPTER ALUMNI ASSOCIATION INC EIN 83-1953129 · last filed 990-N for 2024