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Nonprofit · EIN 55-0725474

DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC

Tax-exempt · CHARLESTON, WV 25301

Financials

$142K$158K2022$175K$168K2023$224K$181K2024
Revenue Expenses · by fiscal year end
Financials of DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$223,964$181,167$42,797$137,513$6,948$130,565
March 31, 2024990$174,579$167,770$6,809$139,748$51,980$87,768
March 31, 2023990$141,685$158,112-$16,427$83,059$2,100$80,959
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$179,500
Program service revenue
$43,299
Investment income
$1,165
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$73,500
Salaries, compensation and benefits (total)
$101,200
Professional fundraising fees
$0
Accounting fees
$11,428
Occupancy
$16,171
Travel
$31,868
Program services (functional)
$116,862
Management and general (functional)
$35,732
Fundraising (functional)
$28,573

Balance sheet and other

Total assets, start of year
$139,748
Total assets, end of year
$137,513
Total liabilities, end of year
$6,948
Net assets, end of year
$130,565
Net assets without donor restrictions
$130,565
Gross receipts
$223,964
Employees
1
Year formed
1993
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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SARA DEARINGEXECUTIVE DI
Officer
40$73,500$21,568
THOMAS A HEYWOOD ESQUIREDIRECTOR
Trustee or director
–$0$0
CRAIG W HARTZELLVICE PRESIDE
Trustee or director, Officer
–$0$0
ELLEN S CAPPELLANTI ESQUIREDIRECTOR
Trustee or director
–$0$0
PATRICK ROBERTSONPRESIDENT
Trustee or director, Officer
–$0$0
WILLIAM D WILMOTHDIRECTOR
Trustee or director
–$0$0
RALPH H BAXTER JRDIRECTOR
Trustee or director
–$0$0
STEVEN B HEDRICKDIRECTOR
Trustee or director
–$0$0
ALBERT L WRIGHT JRDIRECTOR
Trustee or director
–$0$0
MARC A HALBRITTERDIRECTOR
Trustee or director
–$0$0
BRAD N HALLTREASURER
Trustee or director, Officer
–$0$0
JASON S HARSHBARGERDIRECTOR
Trustee or director
–$0$0
DIANA LEWIS JACKSONSECRETARY
Trustee or director, Officer
–$0$0
JOSH SWORDDIRECTOR
Trustee or director
–$0$0
LOUIS WEISBERGDIRECTOR
Trustee or director
–$0$0
3 more people on this return
NameTitleHours / weekCompensation
LISA CHAMBERLIN STUMPDIRECTOR
Trustee or director
–$0
MATTHEW BONDDIRECTOR
Trustee or director
–$0
JERRY MULLENSDIRECTOR
Trustee or director
–$0
990 for the year ended March 31, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
SARA DEARINGEXECUTIVE DI
Officer
40$73,500$20,400
THOMAS A HEYWOOD ESQUIREDIRECTOR
Trustee or director
–$0$0
CRAIG W HARTZELLVICE PRESIDE
Trustee or director, Officer
–$0$0
ELLEN S CAPPELLANTI ESQUIREDIRECTOR
Trustee or director
–$0$0
LLOYD G JACKSON IIDIRECTOR
Trustee or director
–$0$0
PATRICK ROBERTSONPRESIDENT
Trustee or director, Officer
–$0$0
WILLIAM D WILMOTHDIRECTOR
Trustee or director
–$0$0
RALPH H BAXTER JRDIRECTOR
Trustee or director
–$0$0
STEVEN B HEDRICKDIRECTOR
Trustee or director
–$0$0
ALBERT L WRIGHT JRDIRECTOR
Trustee or director
–$0$0
MARC A HALBRITTERDIRECTOR
Trustee or director
–$0$0
BRAD N HALLTREASURER
Trustee or director, Officer
–$0$0
JASON S HARSHBARGERDIRECTOR
Trustee or director
–$0$0
DIANA LEWIS JACKSONSECRETARY
Trustee or director, Officer
–$0$0
JERRY MULLENSDIRECTOR
Trustee or director
–$0$0
JOSH SWORDDIRECTOR
Trustee or director
–$0$0
LOUIS WEISBERGDIRECTOR
Trustee or director
–$0$0
LISA CHAMBERLIN STUMPDIRECTOR
Trustee or director
–$0$0
MATTHEW BONDDIRECTOR
Trustee or director
–$0$0
DAVID ROSIERDIRECTOR
Trustee or director
–$0$0
PATRICK V O'MALLEYDIRECTOR
Trustee or director
–$0$0
990 for the year ended March 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
SARA DEARINGEXECUTIVE DI
Officer
40$73,500$18,976
THOMAS A HEYWOOD ESQUIREDIRECTOR
Trustee or director
–$0$0
CRAIG W HARTZELLTREASURER
Trustee or director, Officer
–$0$0
ELLEN S CAPPELLANTI ESQUIREDIRECTOR
Trustee or director
–$0$0
LLOYD G JACKSON IIDIRECTOR
Trustee or director
–$0$0
PATRICK ROBERTSONVICE PRESIDE
Trustee or director, Officer
–$0$0
WILLIAM D WILMOTHPRESIDENT
Trustee or director, Officer
–$0$0
RALPH H BAXTER JRDIRECTOR
Trustee or director
–$0$0
STEVEN B HEDRICKDIRECTOR
Trustee or director
–$0$0
ALBERT L WRIGHT JRDIRECTOR
Trustee or director
–$0$0
MARC A HALBRITTERDIRECTOR
Trustee or director
–$0$0
BRAD N HALLSECRETARY
Trustee or director, Officer
–$0$0
JASON S HARSHBARGERDIRECTOR
Trustee or director
–$0$0
DIANA LEWIS JACKSONDIRECTOR
Trustee or director
–$0$0
JERRY MULLENSDIRECTOR
Trustee or director
–$0$0
JOSH SWORDDIRECTOR
Trustee or director
–$0$0
LOUIS WEISBERGDIRECTOR
Trustee or director
–$0$0
LISA CHAMBERLIN STUMPDIRECTOR
Trustee or director
–$0$0
MATTHEW BONDDIRECTOR
Trustee or director
–$0$0
PATRICK V O'MALLEYDIRECTOR
Trustee or director
–$0$0
DAVID ROSIERDIRECTOR
Trustee or director
–$0$0

Address and contacts

Address (IRS master file)
405 CAPITOL ST STE 512, CHARLESTON, WV 25301-1783
In care of
% SARA DEARING
Principal officer (990 for 2024)
PATRICK ROBERTSON, 405 CAPITOL STREET SUITE 512, CHARLESTON, WV 25301
Signed the 990
SARA DEARING, EXECUTIVE DIRECTOR
Phone
(304) 345-0700
Return prepared by
SMITH COCHRAN & HICKS PLLC

Mission

-ATTRACT NATIONAL AND INTERNATIONAL INVESTMENT: WEST VIRGINIA IS BECOMING A LEADER IN THE WORLD MARKETPLACE, AND IT DID NOT ARRIVE HERE BY ACCIDENT. THE FOUNDATION HAS A LONG AND ACCOMPLISHED HISTORY OF ATTRACTING NATIONAL AND INTERNATIONAL INVESTMENT BY ELEVATING WEST VIRGINIA'S STATURE IN THE GLOBAL BUSINESS ARENA. -RETAIN AND EXPAND WEST VIRGINIA BUSINESSES: THE FOUNDATION IS A STRATEGIC PARTNER FOR WEST VIRGINIA BUSINESSES. ITS PROGRAMS FOCUS ON PROVIDING WEST VIRGINIA BUSINESSES THE RESOURCES THEY NEED TO GROW AND SUCCEED IN TODAY'S GLOBAL ECONOMY. -HIGHLIGHT ISSUES CRITICAL TO ECONOMIC GROWTH: THE ORGANIZATION SEEKS TO HIGHLIGHT ISSUES OR TOPICS CRITICAL TO ECONOMIC GROWTH AND TO FACILITATE ACTION AMONG STAKEHOLDERS.

990 for the year ended March 31, 2025

Program accomplishments

  • FRIENDS OF DRWV RECEPTION 2024
    Expenses $70,457 · revenue $30,750
  • FOCUS FORWARD CONFERENCE 2024
    Expenses $46,405 · revenue $6,549
  • FOCUS FORWARD CONFERENCE 2025
    revenue $6,000

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
55-0725474
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
1993
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$137,513
Income (IRS master file)
$223,964

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$223,964$181,167$137,513XML
990March 2024$174,579$167,770$139,748XML
990March 2023$141,685$158,112$83,059XML
990March 2022–––IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 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 55-0725474).

Questions about DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC

What is the EIN of DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC?
The employer identification number (EIN) of DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC is 55-0725474.
Is DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DISCOVER THE REAL WEST VIRGINIA 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 DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC?
The 990 for the year ended March 31, 2025 names PATRICK ROBERTSON.
Who are the officers and directors of DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC?
The 990 for the year ended March 31, 2025 lists 18 people; 1 received compensation from the organization, the highest $73,500 (SARA DEARING, EXECUTIVE DI).
How much revenue does DISCOVER THE REAL WEST VIRGINIA FOUNDATION INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $223,964, expenses of $181,167 and total assets of $137,513 at year end.

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