West Virginia University Innovation Corporation
To offer a wide range of strategic partnerships, academia, employment and community opportunities to the state, while promoting innovation and critical thinking within our workforce. Our vision is to catalyze economic growth and improve health outcomes through the advancement of science, medicine and technology in West Virginia and beyond.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$56.0M
-2.4% YoY
Annual Giving
—
Grant Count
0
Avg Grant Size
—
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $55,994,734 | $57,398,686 | $58,733,877 |
| Revenue | $2,710,934 | $1,493,034 | $11,450,000 |
| Expenses | $8,512,578 | $8,167,782 | $4,408,606 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,867 | $311,660 | — |
| 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 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does West Virginia University Innovation Corporation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 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 |
|---|---|---|---|
| Albert Wright Jr | WVUHS President/WVUIC Director/Chair | 0.25 | — |
| Nicholas Barcellona | WVUHS CFO/WVUIC Director/Treasurer | 0.25 | — |
| Jessica R Alsop | WVUHS Chief Legal Officer/Director starting 12.11.25 | 0.25 | — |
| Stacey K Armstrong | WVUIC President | 20 | $558,924 |
| David Kosslow | WVU Associate VP for Finance Treasury/WVUIC Assistant Treasurer | 12.5 | — |
| Erica Steratore | AVP, WVUIC | 40 | $190,234 |
| Randy Strimel | Director Facilities Engineering | 40 | $178,540 |
| Rossi Wiles | WVU Deputy General Counsel for Innovation Research/WVUIC Secretary | 12.5 | — |
| Nicholas Blank | Senior Project Manager | 40 | $124,371 |
| Chris Boland | Manager Accounting | 40 | $127,462 |
| Rob Snare | Director Operations | 40 | $132,190 |
| Thomas Heywood | Director | 0.25 | — |
| Marston Becker | Director | 0.25 | — |
| Michael Graney | Director | 0.25 | — |
| Thomas V Flaherty | Director | 0.25 | — |
| William D Wilmoth | Director | 0.25 | — |
| Clay B Marsh | Director, Secretary | 0.25 | — |
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.
What could you do with West Virginia University Innovation Corporation on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry