Public Charity

Cardinal Institute for West Virginia Policy Inc

Cardinal Institute for West Virginia Policy Inc is a Public Charity headquartered in Charleston, WV. Financial data from the 2024 filing: $1.1M revenue, $1.0M expenses, $903K total assets. 36 publicly reported grants to this organization, totaling roughly $2.6M, appear in IRS filings.

EIN: 471932521 Charleston, WV Research Institutes & Public Policy Analysis NTEE: V05 Latest filing: 2024
Total Revenue$1.1M
Total Expenses$1.0M
Total Assets$903K
Grant Records36
Funding Total$2.6M
Filing Years2020–2024

Mission

Founded in 2014, the Cardinal Institute for West Virginia Policy, Inc.is a 501c3 non-profit dedicated to researching, developing, and communicating effective free-market public policies for West Virginia.

Sample Grants Received

2025
Economic Education
$50,000
2025
Support for education awareness, provider engagement, and policy advocacy efforts promoting access to educational opportunities in West Virginia.
$50,000
2024
FOR RECIPIENT'S EXEMPT PURPOSE
$100,000
2024
GENERAL OPERATING
$90,000
2024
PROJECT SUPPORT
$75,000

Showing up to 5 of 36 total records — full history available with membership.

Officers & Directors

Director Ed Gaunch
President / CEO Garrett Ballengee
Vice-Chair Jeff Kimble
Director Jim Shaffer
Chair Karen Bailey-Chapman
Treasurer Kelvin Upson

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING
$692,000 3 grants
for general operations
$310,700 4 grants
SEE PART IV
$250,000 3 grants
Economic education
$169,455 3 grants
ECONOMIC FREEDOM RESEARCH
$166,400 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.1M $1.0M $903K
2023 $923K $832K $871K
2022 $971K $756K $782K
2020 $325K $321K $230K

Between 2020 and 2024, reported annual revenue grew from $325K to $1.1M (+224%), with total assets most recently reported at $903K.

Interactive year-over-year charts and full filing details available with membership.

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