Marshall University Foundation Incorporated
The organization's primary exempt purpose is to provide support to Marshall University by receiving, investing and administering private resources.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$343.9M
-11.2% YoY
Annual Giving
$45.4M
+228.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$45.4M
+228.9% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $343,852,369 | $387,058,001 | $344,717,415 |
| Revenue | $22,167,378 | $48,068,529 | $28,228,020 |
| Expenses | $50,037,003 | $18,321,336 | $15,991,740 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,464,712 | $6,027,036 | $12,605,271 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Marshall University Foundation Incorporated fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dr Ronald G Area | CEO | 40 | $266,615 |
| Mr R Scott Anderson | CFO | 40 | $144,716 |
| Mr Joseph Allwood | COO | 40 | $127,291 |
| Mr Bernard Coston | Second Vice Chair | 2 | — |
| Mrs Nancy E Campbell | Board Chair | 4 | — |
| Mrs Carol J Hartley | First Vice Chair | 2 | — |
| Mr Leon K Oxley | Secretary | 2 | — |
| Mr Floyd Harlow Jr | Treasurer | 2 | — |
| Mrs Sharon Shaffer | Immediate Past Chair | 2 | — |
| Mr Barry Burgess | Director | 2 | — |
| Mr William W Carter | Director | 2 | — |
| Mr Mark A Chandler | Director | 2 | — |
| Ms Kathy Eddy | Director | 2 | — |
| Ms Diane Ramy Faulconer | Director | 2 | — |
| Mrs Verna Gibson | Director | 2 | — |
| Mrs Monica Hatfield | Director | 2 | — |
| Dr Robert Hess | Director | 2 | — |
| Mr William V Jackson | Director | 2 | — |
| Mr Rex W Johnson | Director | 2 | — |
| Mr Max Lederer | Director | 2 | — |
| Mr Norman Mosrie | Director | 2 | — |
| Mr Charles Neighborgall | Director | 2 | — |
| Mr Charles W Pace | Director | 2 | — |
| Dr Joseph Touma | Director | 2 | — |
| Mr Danny Vance | Director | 2 | — |
| Mr Steven Wellman | Director | 2 | — |
| Mr John Jay White | Director | 2 | — |
| Mr Marc Williams | Director | 2 | — |
| Mrs A Sue Zemba | Director | 2 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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