2016

ANNUAL

REPORT

Creating an 

accessible,

indispensable

culture of

LEARNING

in West Virginia

A Message from the Board Chair

For West Virginia Independent Colleges and Universities 2016 was a year of transition and continuation of its important role in meeting financial needs of West Virginia students attending our member institutions. We constantly strive to make independent higher education a visible and valuable component of West Virginia’s education, economic, and cultural life.

 

On behalf of the Board of Directors and our member colleges and universities, I thank Ben Exley for his excellent leadership over the past four years. His dedication has served the organization well. We wish him all the best in his retirement. We are pleased to welcome Becky Ceperley as our new Executive Director. As many of you know, Becky is a very experienced nonprofit executive and is the former President and CEO of The Greater Kanawha Valley Foundation.

 

We take seriously our goal to graduate well-rounded students who are prepared for life-long learning, are qualified to enter the workforce or graduate school, and share a commitment to their home state. A substantial number of West Virginia residents cannot afford to attend college without a considerable amount of financial aid. The generosity of our many donors has allowed many West Virginia students who would not otherwise have been able to do so to receive an excellent education from our member institutions and  to graduate from college. West Virginia Independent Colleges and Universities is honored to have been the recipient of your contributions. We thank you for your support of independent higher education in West Virginia.

 

Our member institutions enroll more than 8,850 students, over half of whom are West Virginians and over 36% are the first in their families to attend college. Our members include: Alderson Broaddus University; Appalachian Bible College; Bethany College; Davis & Elkins College; Ohio Valley University; University of Charleston, Wheeling Jesuit University; and, West Virginia Wesleyan College. With an average faculty to student ratio of 13 faculty to 1 student, these institutions are uniquely qualified to serve the needs of those first in their families to seek higher education. In fact, our member institutions average graduation rate is higher than public institutions for bachelor degrees by 20% and higher by 10% for six year graduation rates.

 

West Virginia Independent Colleges and Universities, Inc. remains committed to expanding access to a personalized, rigorous, and engaged college experience for all West Virginia students. Thank you for your past partnership in this effort!

 

Fred Williams

Chairman of the Board of Directors

 

Circle of Vision Scholarship Program

Background


The Circle of Vision Scholarship Program provides a unique opportunity for West Virginia students to attend one of our eight private colleges and universities. Many of these scholars are the first in any generation of their family to attend a college or university. These students are motivated and successful.


The program passed the Five Million Dollar mark in 2015 with total scholarships awarded since the program was started in 1997.


Circle of Vision donors contribute $10,000 or more each year designated to the program. Circle of Vision Scholarships have been awarded to 3,185 students totaling $5,221,470.


In 2016, Circle of Vision members provided $375,850 to our member institutions, assisting 67 students from West Virginia who demonstrated financial need and academic excellence. Please read the quotes from Circle of Vision graduates included in this report.

 
WVICU gratefully acknowledges the generous support of the following 2016-2017 Circle of Vision Scholarship Program Sponsors:
  • Appalachian Power Company

  • BB&T West Virginia Foundation

  • Carbon Fuel Foundation

  • Council of Independent Colleges through its UPS Educational Endowment Fund

  • Delton Restaurants

  • Dominion Foundation

  • Madge Douds Trust

  • Driehorst Family Foundation

  • The Jeanne G. Hamilton and Lawson W. Hamilton, Jr. Family Foundation

  • Highmark West Virginia

  • The Huntington National Bank

  • Bernard H. and Blanche E. Jacobson Foundation

  • Maier Foundation, Inc.

  • Bernard McDonough Foundation, Inc.

  • The Ogden Newspapers, Inc.

  • The Schenk Charitable Trust

  • Steptoe & Johnson PLLC

  • Wilber Aldine Stutler Trust

  • The W. E. Stone Foundation

  • United Bank, Inc.

  • Gene Wharton

  • WVICU Legacy Endowment Scholarship Fund

  • The Cecil I Walker Charitable Trust

  • H.B. Wehrle Foundation

  • Martha Gaines and Russell Wehrle Memorial Foundation

  • Wesbanco Bank

The Legacy Endowment Scholarship

WVICU established the Legacy Endowment Scholarship Fund in 2010. By contributing to this fund, you can make a permanent and positive difference in the lives of deserving West Virginia college students through planned or current giving. Bequests from generous West Virginians helped establish this fund, which awards scholarships annually to West Virginia students at our member colleges and universities through the Circle of Vision Scholarship Program. 

Several large donations from individuals who believed in private higher education were combined to create this fund. Many others have contributed to the fund over time.

 
The Legacy Fund has contributed a total of $100,000 to the Circle of Vision Scholarship Program over the last five academic years. An additional $20,000 has been pledged to the 2016 campaign.


The Legacy Fund’s goal is to provide more than two Circle of Vision Scholarships each year through additional contributions and investment growth.

 
 

Honor Roll of Donors

Donors acknowledged in the Honor Roll provided gifts for Campaign (January 1, 2016 – December 31, 2016)

$50,000 - $99,999


BB&T West Virginia Foundation (44)
The Maier Foundation (31)
Bernard McDonough Foundation (35)

$25,000 - $49,999
Dominion Foundation (58)
Madge Douds Trust (11)
The Huntington National Bank (37)

$10,000 - $24,999


Appalachian Power Company (41)
The Carbon Fuel Foundation Fund –The Greater Kanawha Valley Foundation (51) 
Council of Independent Colleges through its UPS Educational Endowment Fund (41)
Driehorst Family Foundation (5)
Jeanne G. Hamilton and Lawson W. Hamilton, Jr. Family Foundation, Inc. (21)
Hess Family Foundation (2)
Highmark West Virginia (5)
Bernard H. and Blanche E. Jacobson Foundation (20)
WVICU Legacy Endowment Scholarship Fund (5)
Nutting Foundation (41)
Ross Foundation (7)
Schenk Charitable Trust (5)
Steptoe & Johnson PLLC (27)
W.E. Stone Foundation (39)
Wilbur Aldine Stutler Trust (9)
United Bank, Inc. (50)
Cecil I. Walker Charitable Trust (40)
H. B. Wehrle Foundation (41)
Martha Gaines and Russell Wehrle Memorial Foundation (5)
Wesbanco Bank (46)
WVICU Board of Directors Scholarship (*)

$5,000 - $9,999


Fenton Foundation (48)
Huntington Federal Savings Bank (47)
Norfolk Southern Foundation (47)

$1,000 - $4,999


Dr. & Mrs. Constantino Amores (6)
The Frank & Camilla Baer Family Charitable Fund (2)
Mr. and Mrs. Joseph S. Beeson (7)
ECA Foundation (13) 
Lynne and Ben Exley, IV (15)
J. H. Fletcher & Co. (45)
Gray, Griffith & Mays, A.C.(*)
Benjamin A. & Jean M. Hardesty (*)
Pete and Jean Holloway (4)
Imperial Charitable Trust (52)
Wilbur S. Jones, Jr. (5)
Leavitt Funeral Homes (9)
Senator & Mrs. John D. Rockefeller IV (41)
Herschel H. Rose, III (5)
Harleigh “Tom” Seely IRA (15)
Mr. and Mrs. L. Newton Thomas, Jr. (32)
Tri-State Roofing & Sheet Metal Company-Charleston (49)
Tri-State Roofing & Sheet Metal Company-Davisville (33)
C. Hyde Tucker (43)
Mr. and Mrs. Fred Williams, Jr. (3)

Up to $999


Charles Brown (25)
Marc B. Chernenko (13)
Earl and Jeane Curry Charitable Fund (5)
Hazlett, Burt & Watson, Inc. (5)
Betty S. Ireland (7)
The James & Law Company (57)
Kanawha-Roxalana Company (23)
Lynch Foundation, Inc. (13)
Kermit E. McGinnis (37)
Robert Orndorff Jr. (*)
Mr. and Mrs. Isaac Noyes Smith, Jr. (16)
Starvaggi Charities, Inc. (26)
Bernard P. Twigg (*)
Mr. and Mrs. D. Stephen Walker (26)
Wharton Auto Group (40)
Richard Yurko (11)

Bold denotes a board member
(*) Denotes a new donor
( ) Denotes number of years as a donor

Special care has been taken in preparing this report. We apologize for any errors or omissions. If your listing has not been printed to your specifications, we ask that you inform us by contacting wvicu.corporate@wvicu.org.

 

Board of Directors

OFFICERS

 

Dr. James "Tim" Barry-Chair
Frank Baer-Business Vice-Chair
Edwin Welch-Academic Vice-Chair
Betty S. Ireland-Treasurer
Cameron Nutting-Williams-Secretary
Rebecca Ceperley, Executive Director

 

INSTITUTIONAL
MEMBERS

 

Dr. James “Tim” Barry
Alderson-Broaddus University
http://www.ab.edu


Dr. Daniel Anderson
Appalachian Bible College
http://www.abc.edu


Dr. Tamara Nichols Rodenberg
Bethany College
http://www.bethanywv.edu


Dr. Edwin H. Welch
University of Charleston
http://www.ucwv.edu


Dr. G.T. Buck Smith
Davis & Elkins College
http://www.dewv.edu


Dr. Harold Shank
Ohio Valley University
http://www.ovu.edu


Dr. Rev James J. Fleming, SJ
Wheeling Jesuit University
http://www.wju.edu


Dr. Pamela Balch
West Virginia Wesleyan College
http://www.wvwc.edu

 

 
MEMBERS AT LARGE

 

Constantino Y. Amores, MD
Retired
Charleston, WV
    
Frank A. Baer III
CEO Commercial Insurance Services
Charleston, WV

 

John M. Barry
Executive Director 
BB&T WV Foundation
Charleston, WV


J. Nicholas Barth
Barth & Thompson
Attorneys at Law
Charleston, WV


Joseph S. Beeson
Robinson & McElwee PLLC
Lawyer/Member
Charleston, WV


Norwood Bentley III
Berkeley County Council
Martinsburg, WV


Ben Exley, IV
WVICU Executive Director
Wheeling, WV


Cecelia Goff
Retired – Johns Manville
Vienna WV


Benjamin A. Hardesty
President
Alta Energy, LLC
Clarksburg, WV


Peter Holloway CFP ®
Senior Vice-President
Hazlett, Burt & Watson, Inc.
Wheeling, WV

Tim Huffman

 

Betty S Ireland
Business & Management Consultant 
Charleston, WV


Wilbur S. Jones Jr.
President
W.E. Stone Foundation, Inc.
Wheeling, WV

Jennifer Kinty
Community President
SVP & Commercial Rel Mgr-Sr
The Huntington National Bank
Clarksburg, WV​​

 

Nancy Kissinger
Vice President
Chase Bank
Beckley, WV

 

John W. Lewis II
Partner
Metz Lewis Brodman Must O’Keefe LLC
Pittsburgh, PA

 

John McCuskey

 

Eric Mohan
136 W Second Street       
Morgantown, WV 26501


Arthur Musicaro
President
National Road Utility Supply, Inc.
Valley Grove, WV


Robert C. Orndorff
Managing Director of State and Local
Government Affairs
Dominion Resources
Clarksburg, WV


Mark S. Prince
CEO & President
HB & W, Inc.
Wheeling, WV

 

Christopher Rikey

 

Lisa Rose


Herschel H. Rose III
WVICU Chair
Rose Law Office
Charleston, WV


Bernard Twigg
EVP Director of Community Affairs
WesBanco Bank, Inc.
Wheeling, WV


Cameron Nutting Williams
WVICU Secretary
Ogden Newspapers
Director, Meltwater 
Arlington, VA 


Fred Williams
WVICU Business Vice Chair
Attorney-at-Law
Steptoe & Johnson PLLC
Charleston, WV


JoEllen Zacks
Charleston, WV 

 

HONORARY BOARD OF DIRECTORS


I.N. “Ike” Smith, Jr.

Charleston, WV

2016 TYPES OF GIFTS

Scholarships: 

$459,981

Designated & Restricted:

$13,500

Gifts In-Kind:

15,971

Total:

$489,453

2016 SOURCES OF FUNDS

Trusts:
$47,321

Corporate:
$60,800

Foundation:
$376,082

Individual:
$5,250

Total:
$489,453

COMPOSITE DATA

Students: 8,607

WV Residents: 3,873

Budget: 192,844,789

Endowment: 181,624,599

2016 Graduates: 1,822

 
MEMBER INSTITUTIONS