Public Charity

MARSHALL UNIVERSITY FOUNDATION INCORPORATED

Based in Huntington, WV, MARSHALL UNIVERSITY FOUNDATION INCORPORATED operates as a Public Charity. The organization reported $85.1M in revenue, $19.8M in expenses, $442.0M in total assets for fiscal year 2025. Imperigo tracks 136 reported grant relationships connected to this organization totaling approximately $11.9M.

EIN: 556011111 Huntington, WV Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$85.1M
Total Expenses$19.8M
Total Assets$442.0M
Grant Records136
Funding Total$11.9M
Filing Years2021–2025

Mission

The organization's primary exempt purpose is to provide support to Marshall University by receiving, investing and administering private resources.

Where $100 goes at Marshall University Foundation Incorporated

How Marshall University Foundation Incorporated divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$11 Management running the organization
$9 Fundraising raising the next dollar

Inside the $80 for programs

$47
The organization provides support in the form of scholarships and awards to faculty and students related to their educational pursuits at the university
59% of program spending
$15
Other expenses attributable to program funds in support of the university and departments, and adjustments for bad debts
19% of program spending
$10
The organization provides support to the university broadly and to individual departments in support of their respective education priorities in the form of payroll and stipend support, as…
12% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Dr Joseph Touma
Director Dr Robert Hess
CEO (Retired) Dr Ronald Area
Director Mr Barry Burgess
First Vice Chair Mr Bernard Coston
Director Mr Charles W Pace

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$8,826,775 69 grants
Education
$2,191,501 47 grants
Fundraising & Sponsorship
$243,900 9 grants
Arts & Culture
$30,000 1 grant
International Aid & Development
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $85.1M $19.8M $442.0M
2024 $22.2M $50.0M $343.9M
2023 $48.1M $18.3M $387.1M
2022 $28.2M $16.0M $344.7M
2021 $39.4M $13.8M $365.2M

Between 2021 and 2025, reported annual revenue grew from $39.4M to $85.1M (+116%), with total assets most recently reported at $442.0M.

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

See the full picture for MARSHALL UNIVERSITY FOUNDATION INCORPORATED

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