WEST VIRGINIA UNIV FOUNDATION INC
PO BOX 1650, MORGANTOWN, WV · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $152,277,981 | $144,767,225 | $1,361,578,063 |
| FY2024 | $242,493,810 | $153,932,427 | $1,310,271,340 |
| FY2023 | $137,168,472 | $153,381,241 | $1,223,718,098 |
| FY2022 | $221,489,920 | $104,681,014 | $1,244,606,612 |
| FY2021 | $183,335,188 | $97,989,488 | $1,209,135,271 |
| FY2020 | $155,430,683 | $106,328,976 | $952,616,353 |
| FY2019 | $141,620,282 | $106,620,826 | $921,491,958 |
| FY2018 | $131,813,965 | $124,715,588 | $881,322,911 |
| FY2017 | $145,731,056 | $102,858,732 | $854,936,935 |
| FY2016 | $105,182,142 | $92,883,729 | $774,837,163 |
| FY2015 | $138,682,228 | $77,960,700 | $803,661,845 |
| FY2014 | $122,789,305 | $73,615,379 | $772,655,422 |
| FY2013 | $115,556,332 | $63,192,705 | $672,667,351 |
| FY2012 | $116,146,270 | $78,685,267 | $596,801,960 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $88,880,676 | 79% |
| Program service revenue | $24,131,606 | 21% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $120,328,282 | 83% |
| Management & general | $7,638,924 | 5% |
| Fundraising | $16,800,019 | 12% |
What the numbers show
- Contributions & grants made up 79% of total revenue in FY2025.
- Program services accounted for 83% of functional expenses, management & general 5%, and fundraising 12%.
- 83% of functional expenses went to program services in FY2025. That is higher than 44.7% of 4431 Education organizations nationwide (too few in WV for a state comparison).
- Net assets covered about 112.9 months of expenses at the end of the reporting year. That puts it in the 74th percentile among 197 Education organizations in WV.
- Total revenue was higher than 100% of 199 Education organizations in WV.
- Total revenue rose from $116,146,270 in FY2012 to $152,277,981 in FY2025, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2023).
- The highest revenue on record here is $242,493,810 in FY2024.
- Net assets grew from $596,801,960 to $1,361,578,063 between FY2012 and FY2025.
- Contributions and grants made up 75% of revenue in FY2012 and 58% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
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.
IRS status
| Ruling year | 1960 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education |
| Donations | Donations are generally tax-deductible (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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