2024-05-15T13:43:38-05:00 2023-06-30 550538163 SUTTLE & STALNAKER PLLC 200 STAR AVENUE STE 220 PARKERSBURG WV 26101 990 2022-07-01 556021899 WVU AT PARKERSBURG FOUNDATION INC WVUA 3044248340 300 CAMPUS DRIVE PARKERSBURG WV 26104 OLIVIA REEDER DIRECTOR 3044248340 2024-05-09 1 OLIVIA REEDER 999009999 0 STEVEN M MORGAN CPA P01499372 3044856584 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z OLIVIA REEDER 300 CAMPUS DRIVE PARKERSBURG WV 26104 14674839 0 X WWW.WVUP.EDU/FOUNDATION/ X 1963 WV THE FOUNDATION WAS ESTABLISHED TO PROVIDE EDUCATION SUPPORT AND SCHOLARSHIPS TO THE STUDENTS AND FACULTY OF WEST VIRGINIA UNIVERSITY AT PARKERSBURG. 14 14 0 14 0 0 196178 11129895 0 0 748559 336180 267 199 945004 11466274 148049 121050 0 0 45171 44850 0 0 0 297096 675856 490316 841756 454688 10624518 13639302 24932792 126420 85172 13512882 24847620 TO PROMOTE, ENCOURAGE, AND ASSIST IN THE DEVELOPMENT AND GROWTH OF WEST VIRGINIA UNIVERSITY AT PARKERSBURG AND TO RENDER SERVICES TO ITS FACULTY, STUDENTS, AND ALUMNI, AND TO THE CITIZENS OF WEST VIRGINIA. 0 0 121050 121050 SCHOLARSHIP AWARDS ARE MADE TO DESERVING STUDENTS AS DETERMINED BY THE WVU AT PARKERSBURG SCHOLARSHIP COMMITTEE. INTERESTED STUDENTS COMPLETE AN APPLICATION PROCESS AND MUST MEET ELIGIBILITY REQUIREMENTS AS OUTLINED IN THE ATTACHED SCHOLARSHIP APPLICATION. 312727 PROGRAM SERVICES RELATED TO EDUCATIONAL NEEDS OF WEST VIRGINIA UNIVERSITY AT PARKERSBURG. 433777 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WV X OLIVIA REEDER 3044248340 300 CAMPUS DRIVE PARKERSBURG WV 26104 X BECKY DEEM CHAIR 1.00 X X 0 0 0 CYNTHIA BROWN FIRST VICE-CHAIR 1.00 X X 0 0 0 ANNETTE FEHRENBACHER SECOND VICE-CHAIR 1.00 X X 0 0 0 ROBERT K TEBAY III SECRETARY 1.00 X X 0 0 0 MIKE SEESE TREASURER 1.00 X X 0 0 0 STEPHEN HIGGS ASSISTANT TREASURER 1.00 X X 0 0 0 CYNTHIA GISSY IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MATTHEW SANTER BOARD MEMBER 1.00 X 0 0 0 RAYNA ODELL BOARD MEMBER 1.00 X 0 0 0 LOURA RINARD BOARD MEMBER 1.00 X 0 0 0 PAM FERRELL BOARD MEMBER 1.00 X 0 0 0 MATT WINANS BOARD MEMBER 1.00 X 0 0 0 STEPHANIE HAYHURST-HALL BOARD MEMBER 1.00 X 0 0 0 JILL PARSONS BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 11129895 11129895 292521 292521 199 199 3252224 3208565 43659 43659 43659 11466274 0 0 336379 121050 121050 41663 41663 3187 3187 11671 11671 35638 35638 29625 29625 90156 90156 73796 73796 OTHER SCHOOL SUPPORT 276841 276841 OTHER ADMINISTRATIVE EX 55334 55334 HOSPITALITY 37697 37697 FACULTY AND STAFF DEVEL 35886 35886 29212 29212 841756 433777 407979 0 151227 608031 10050000 1341987 407919 1007864 934068 4220740 4956298 8257457 8382381 2014 2014 13639302 24932792 129 126291 85172 126420 85172 X 1411577 1369302 12101305 23478318 13512882 24847620 13639302 24932792 10624518 710220 0 X X 0 1 X 1 0 X 201095 147597 135339 196178 11129895 11810104 201095 147597 135339 196178 11129895 11810104 11810104 223699 252208 232300 274139 292720 1275066 13085170 0.90260 0.43540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11086272 41350 911545 57126 175406 80488 11726147 12755839 93057 -1430112 121463 126934 84115 11086272 10533873 7753 2560623 144536 122832 79042 12755839 10288553 74178 527853 276082 16761 63868 10533873 9992549 167321 692470 221168 266269 76350 10288553 0.06000 0.47000 0.47000 0 0 24592 24592 1224930 371554 853376 3900 3900 0 88565 32465 56100 934068 CORPORATE BONDS 996385 F MUTUAL FUNDS 7385996 F 8382381 FUNDS HELD FOR OTHERS 85172 85172 X 12176494 710220 710220 11466274 0 11466274 841756 0 841756 0 841756 PART V, LINE 4: ALL OF THE ENDOWED FUNDS WERE CREATED FROM DONATIONS RESTRICTED FOR SCHOLARSHIPS UNDER EITHER PERMANENT ENDOWMENT OR UNDER TEMPORARY RESTRICTIONS FROM AGREEMENTS WITH DONORS. FROM TIME TO TIME THROUGHOUT THE YEAR, THE VARIOUS ENDOWMENT FUNDS PURCHASE OR SELL EQUIVALENT UNIT SHARES IN THE POOLED INVESTMENT FUND BASED ON THE CASH AND LIQUIDITY NEEDS FOR EACH OF THE FUNDS. PART X, LINE 2: FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, THE FOUNDATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS UNDER PROFESSIONAL STANDARDS. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. THE FOUNDATION'S RETURNS FOR YEARS ENDING ON OR AFTER JUNE 30, 2020 REMAIN SUBJECT TO EXAMINATION. 1 SCHOLARSHIPS/GRANTS AWARDED TO STUDENTS OF WVU AT PARKERSBURG 121 121050 FORM 990, PART VI, SECTION B, LINE 11B THE WVUP FOUNDATION DIRECTOR REVIEWS THE INFORMATION INCLUDED IN FORM 990 FOR ACCURACY. UPON COMPLETION OF THE REVIEW, THE DIRECTOR OR OTHER APPOINTED OFFICER SIGNS THE FORM 990 AND SUBMITS IT TO THE INTERNAL REVENUE SERVICE. PRIOR TO SUBMISSION, THE DIRECTOR CONTACTS THE PREPARER WITH ANY QUESTIONS OR CONCERNS IDENTIFIED DURING THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S 990 IS PREPARED BY A CPA FIRM. THE DIRECTOR REVIEWS THE RETURN BEFORE SIGNING AND SUBMITTING THE 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD OF DIRECTORS DISTRIBUTES AND DISCUSSES ITS CONFLICT OF INTEREST POLICY. BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE THEIR RECEIPT AND UNDERSTANDING OF THE POLICY AND THEIR RESPONSIBILITY FOR NOTIFYING THE BOARD IF A CONFLICT WERE TO ARISE. ANY BOARD MEMBER WHO HAS A CONFLICT OF INTEREST IS REQUIRED TO RECUSE THEMSELVES FROM ANY VOTES REGARDING SUCH ISSUES. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD OF DIRECTORS CONSIDERS THE SALARY PAID TO ITS EXECUTIVE DIRECTOR. WHEN CONSIDERING THE SALARY, THE BOARD UTILIZES ITS AFFILIATION WITH WEST VIRGINIA UNIVERSITY AND OTHER STATE UNIVERSITIES BY SURVEYING THE SALARIES PAID TO THEIR FOUNDATION EXECUTIVES. THESE FACTORS PLUS THE FINANCIAL STABILITY OF WVU AT PARKERSBURG FOUNDATION ARE CONSIDERED IN SETTING THE EXECUTIVE DIRECTOR'S SALARY. FORM 990, PART VI, SECTION C, LINE 18 COPIES OF THE WVU-P FOUNDATION'S POLICIES ARE MAINTAINED IN THE FOUNDATION'S ADMINISTRATIVE OFFICES AND ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED BY THE IRC REGULATIONS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE WVU-P FOUNDATION'S POLICIES ARE MAINTAINED IN THE FOUNDATION'S ADMINISTRATIVE OFFICES AND ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED BY THE IRC REGULATIONS. FORM 990, PART XI, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR FOR THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. WVU-PARKERSBURG 300 CAMPUS DRIVE PARKERSBURG WV 26104 EDUCATION WV 501C3 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0