Non-Profit Spending Reports

West Virginia University Foundation Inc

Morgantown, WV · EIN 55-6017181 · Education · Rank 3,767 by total revenue

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.

Money, Form 990 for tax year 2024

Total revenue
$152,277,981
Total expenses
$144,767,225
Total assets
$3,299,917,464
Salary base (all salaries and wages)
$36,446,358
Salaries, other pay and benefits
$47,157,546
Employees
177
Salary base per employee
$205,912

"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.

Leadership (37)

NameTitleRole Hours/weekTotal pay
Richard Kraich ret July 2025VP Investments, CIOOfficer 45 $1,057,409
Cynthia L RothPresident & CEOBoard, Officer 45 $960,453
Bernard J Davisson II ret Dec 2024Sr. VP Development, CDOOfficer 45 $583,275
Michael E AugustineCOO/CFO, TreasurerOfficer 45 $525,810
Melissa L SimpsonSr, AVP Finance/ Asst. TreasurerOfficer 45 $221,053
Jessica M BurnsDr. of Board Relations/Asst. Board SecOfficer 45 $137,392
J Wayne RichardsVice ChairBoard, Officer 2 None reported
Susan BrewerSecretaryBoard, Officer 2 None reported
William SheedyChairBoard, Officer 2 None reported
Jim BetheaVP Investments, CIOOfficer 45 None reported
William GreenSr. VP Development, CDOOfficer 45 None reported
Alan J ZuccariDirectorBoard 2 None reported
Alexis PughDirectorBoard 2 None reported
Bradford RitchieDirectorBoard 2 None reported
Christine DavisDirectorBoard 2 None reported
Dave GruverDirectorBoard 2 None reported
Erika CramerDirectorBoard 2 None reported
George BicherDirectorBoard 2 None reported
George S Weaver IIIDirectorBoard 2 None reported
Jane McNeerDirectorBoard 2 None reported
Jo Ann ShawDirectorBoard 2 None reported
Kerri KnottsDirectorBoard 2 None reported
Kevin GivenDirectorBoard 2 None reported
Kevin K SidowDirectorBoard 2 None reported
Kim CraigDirectorBoard 2 None reported
Michael JohnDirectorBoard 2 None reported
Michael T EscueDirectorBoard 2 None reported
Natalie BushDirectorBoard 2 None reported
Ola AdekunleDirectorBoard 2 None reported
Penelope F RollDirectorBoard 2 None reported
Robert JohnsonDirectorBoard 2 None reported
Robert O Orders JrDirectorBoard 2 None reported
Roderick YoungDirectorBoard 2 None reported
Spencer CavalierDirectorBoard 2 None reported
Terri HornsbyDirectorBoard 2 None reported
Travis RosiekDirectorBoard 2 None reported
Valentina BigalkeDirectorBoard 2 None reported

Top 10 paid people listed

These 10 people received $5,276,184, which is 14.5% of the $36,446,358 salary base shared by 177 employees.

NameTitleRole Hours/weekFrom this org From related orgsOther pay Total
Richard Kraich ret July 2025VP Investments, CIOOfficer 45 $996,659$0 $60,750$1,057,409
Cynthia L RothPresident & CEOBoard, Officer 45 $815,430$0 $145,023$960,453
Bernard J Davisson II ret Dec 2024Sr. VP Development, CDOOfficer 45 $523,025$0 $60,250$583,275
Michael E AugustineCOO/CFO, TreasurerOfficer 45 $465,060$0 $60,750$525,810
Jennifer CunananAssoc VP, InvestmentsHighly paid employee 45 $447,757$0 $71,301$519,058
Kaylon McInellyAssoc VP, InvestmentsHighly paid employee 45 $345,917$0 $55,067$400,984
Ben MurrayDeputy Athletic Director and Chief Development Officer for AthleticsHighly paid employee 45 $301,792$0 $59,919$361,711
Charles KerzakSrAssocVP, UniversityDevel/ CampaignMgmtHighly paid employee 45 $261,028$0 $62,811$323,839
Timothy BollingSr. Assoc VP, Leadership PhilanthropyHighly paid employee 45 $264,870$0 $57,722$322,592
Melissa L SimpsonSr, AVP Finance/ Asst. TreasurerOfficer 45 $195,576$0 $25,477$221,053

Sources