2024-05-08T12:05:40-04:00 2023-06-30 550761217 LAMBRIGHT & GUTTA PLLC 1199 VAN VOORHIS ROAD STE 6 MORGANTOWN WV 26505 990 2022-07-01 550450592 WEST VIRGINIA UNIVERSITY ALUMNI ASSOC LOYALTY PERMANENT ENDOWMENT WEST 466 CHESTNUT RIDGE ROAD MORGANTOWN WV 26505 TRUIST TRUST DPT TRUSTEE 3042852361 2024-05-06 true PATRICIA WATSON 999009999 false KIMBERLY A GUTTA CPA P00293407 3045993185 2024-05-02 2022 2023-04-26 12:10:37Z TRUIST TRUST DPT TRUIST TRUST DPT 466 CHESTNUT RIDGE ROAD 466 CHESTNUT RIDGE ROAD MORGANTOWN WV 26505 15153040 false X X 1937 WV PROVIDE SCHOLARSHIPS TO WEST VIRGINIA UNIVERSITY STUDENTS 3 0 0 0 72436 76947 0 1223274 1655242 0 1295710 1732189 569452 420068 0 0 0 0 84351 86703 653803 506771 641907 1225418 14439407 15003008 11999 11999 14427408 14991009 X PROVIDE SCHOLARSHIPS TO WEST VIRGINIA UNIVERSITY STUDENTS false false 420068 420068 THE WEST VIRGINIA UNIVERSITY ALUMNI ASSOCIATION LOYALTY PERMANENT ENDOWMENT FUND WAS ESTABLISHED BY THE WEST VIRGINIA UNIVERSITY ALUMNI ASSOCIATION BY TRUST INDENTURE DATED 12/31/37. THE ALUMNI ASSOCIAITON IS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)6 OF THE IRC BY EXEMPTION LETTER DATED 2/3/53 AND THE FUND IS EXEMPT UNDER SECTION 501 (C) OF THE CODE BY LETTER DATED 11/20/46.THE TRUST INDENTURE DIRECTS THAT THE NET INCOME FROM THE FUND IS TO BE MADE AVAILABLE TO THE TRUST COMMITTEE WHICH IS COMPOSED OF DULY APPOINTED MEMBERS OF THE ALUMNI ASSOCIATION TO BE USED BY THE COMMITTEE TO CARRY OUT SPECIFIED PURPOSES OF THE ALUMNI ASSOC. THOSE PURPOSES AS SPECIFIED IN THE TRUST INDENTURE ARE TO PROVIDE FUNDS FOR MAINTENANCE AND ADMINISTRATIVE EXPENSES AT WVU AND TO PROVIDE SCHOLARSHIPS AT WEST VIRGINIA UNIVERSITY TO STUDENTS SELECTED BY THE TRUST COMMITTEE. 420068 true true false false false false false false false true true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false 0 0 0 false false false false false false false false X 3 0 false false false false false false false true true true false false false false false false false false X TRUIST TRUST DPT TRUIST TRUST DPT 3042852361 466 CHESTNUT RIDGE RD 466 CHESTNUT RIDGE ROAD MORGANTOWN WV 26505 TRUIST TRUST DPT TRUIST TRUST DPT TRUSTEE 5.00 X 49586 0 0 KEVIN BERRY EXECUTIVE SE X X 0 0 0 THE HONORABLE IRENE C BERGER MEMBER X 0 0 0 JAMES C GARDILL CHAIRMAN X 0 0 0 DAVID K HENDRICKSON MEMBER X 0 0 0 49586 false false false 76947 76947 420240 420240 14496333 159520 13420851 1075482 159520 1235002 1075482 159520 1732189 1075482 579760 420068 420068 1800 1800 8729 8729 12000 12000 TRUSTEE FEES 49586 49586 ADMINISTRATIVE FEES 10400 10400 FOREIGN TAXES ON INVESTME 2566 2566 INVESTMENT FEES 1393 1393 229 229 506771 420068 86703 0 7556 996254 1008970 10321 10787 20 20 20 13432812 13975675 14439407 15003008 11999 11999 11999 11999 X 14339301 14896170 88107 94839 14427408 14991009 14439407 15003008 X 1225418 -661817 X false false X 86365 95783 66777 72436 76947 398308 86365 95783 66777 72436 76947 398308 398308 323320 304101 254263 278137 420240 1580061 1343 125 52 1520 1979889 0.20120 0.21820 X WVU LOYALTY PERMANENT ENDOWMENT FUND MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY IN ORDER TO FUND THE SCHOLARSHIPS GIVEN TO STUDENTS AT WEST VIRGINIA UNIVERSITY PART II, LINE 10 OTHER INCOME:LITIGATION PROCEEDS 1,520 PART II, LINE 17A WVU LOYALTY PERMANENT ENDOWMENT FUND MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY IN ORDER TO FUND THE SCHOLARSHIPS GIVEN TO STUDENTS AT WEST VIRGINIA UNIVERSITY RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88107 7038 306 94839 102300 -13868 325 88107 77999 24576 275 102300 77321 946 268 77999 73315 4264 258 77321 false false 20 20 20 false SCHOLARSHIPS 420068 SCHEDULE I, PAGE 1, PART I, LINE 2 APPLICANTS FILL OUT SCHOLARSHIP APPLICATION, AND THE COMMITTEE GRANTS SCHOLARSHIPS TO THOSE THAT QUALIFY. FORM 990, PAGE 2, PART III, LINE 4A THE WEST VIRGINIA UNIVERSITY ALUMNI ASSOCIATION LOYALTY PERMANENT ENDOWMENT FUND WAS ESTABLISHED BY THE WEST VIRGINIA UNIVERSITY ALUMNI ASSOCIATION BY TRUST INDENTURE DATED 12/31/37. THE ALUMNI ASSOCIAITON IS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)6 OF THE IRC BY EXEMPTION LETTER DATED 2/3/53 AND THE FUND IS EXEMPT UNDER SECTION 501 (C) OF THE CODE BY LETTER DATED 11/20/46.THE TRUST INDENTURE DIRECTS THAT THE NET INCOME FROM THE FUND IS TO BE MADE AVAILABLE TO THE TRUST COMMITTEE WHICH IS COMPOSED OF DULY APPOINTED MEMBERS OF THE ALUMNI ASSOCIATION TO BE USED BY THE COMMITTEE TO CARRY OUT SPECIFIED PURPOSES OF THE ALUMNI ASSOC. THOSE PURPOSES AS SPECIFIED IN THE TRUST INDENTURE ARE TO PROVIDE FUNDS FOR MAINTENANCE AND ADMINISTRATIVE EXPENSES AT WVU AND TO PROVIDE SCHOLARSHIPS AT WEST VIRGINIA UNIVERSITY TO STUDENTS SELECTED BY THE TRUST COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 9 JAMES C. GARDILL 466 CHESTNUT RIDGE RD. MORGANTOWN, WV 26505 THE HONORABLE IRENE C. BERGER 466 CHESTNUT RIDGE RD. MORGANTOWN, WV 26505 DAVID K. HENDRICKSON 466 CHESTNUT RIDGE RD. MORGANTOWN, WV 26505 FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9 UNREALIZED GAIN ON INVESTMENTS 0 ROUNDING 0 UNREALIZED LOSSES ON INVESTMENTS -661,817 TOTAL -661,817