West Virginia School of Osteopathic Medicine Foundation

Name

West Virginia School of Osteopathic Medicine Foundation

Legal name

WVSOM Foundation, Inc.

Website

https://wvsomfoundation.org

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Medical Education Philanthropy

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (8132)

SIC

Services-Social Services (8300), Services-Educational Services (8200)

akta.pro industry

PRIMARYEDADAHAC

Scholarship & Fellowship Foundations and Trusts

Education/Education Administration, Accreditation & Policy/Education Funding, Grants & Financial Aid Administration

SECONDARYBPAGADAE

College Access, Scholarships & Student Success Nonprofits

Business & Public Services/Nonprofit, NGO & Social Services/Education & Youth Development Nonprofits

SECONDARYEDAIAOAH

Foundation/NGO & Philanthropic Scholarships

Education/International Education & Study Abroad/Scholarships, Funding & Financial Aid for International Study

Keywords

• Medical scholarships
• Donor fundraising
• Osteopathic education funding
• Planned giving programs
• Student financial aid

Headquarters

HQ city

Lewisburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Individual Donations: One-time and recurring donations from individual donors including alumni, community members, and supporters of osteopathic medical education. Donors can give weekly, monthly, annually, or as one-time gifts.
2. Planned Giving / Bequests: Estate planning vehicles including bequests through wills or trusts, beneficiary designations on retirement plans and life insurance, and gifts of appreciated assets. Recognized through Society 1972.
3. Scholarship Funds: Named scholarship endowments established by donors to provide financial assistance to WVSOM students in perpetuity or through pass-through funds.
4. Cryptocurrency Donations: Accepts cryptocurrency donations via third-party vendor The Giving Block.
5. Corporate Partnerships: Annual partner program where businesses and organizations make the foundation part of their business plans, including matching gift programs.
6. Stocks and Securities: Transfer of stocks and securities as an alternative giving method.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

The WVSOM Foundation is a 501(c)(3) charitable fundraising organization that secures, manages, and allocates philanthropic contributions from individuals, alumni, and corporate partners to support students of the West Virginia School of Osteopathic Medicine. Its core offerings are scholarship endowments (including the Legacy Scholarship Endowment and 50+ named scholarships), the Student Emergency Fund for crisis aid, planned giving/estate vehicles under Society 1972, donor recognition programs (President's Circle, Lifetime Giving Leaders), and multi-channel donation methods (online, mail, phone, cryptocurrency, stocks/securities).

Product overview

The WVSOM Foundation operates as a unified fundraising platform supporting the West Virginia School of Osteopathic Medicine. The core offerings include the Legacy Scholarship Endowment (primary fund launched 2018), Named Scholarships (custom-designed perpetual or pass-through scholarships), Student Emergency Fund (crisis assistance), Annual Giving Campaign (sustaining gifts with Donor Giving Tree recognition), Planned Giving (estate planning with Society 1972 membership), Student Enrichment Opportunities (clubs and medical service trips), Crypto Donations (via The Giving Block), and Stocks and Securities Giving. The President's Circle donor recognition program honors major donors of $5,000+ annually.

Differentiator

Problem solved

Functional benefit

Products and services

• Legacy Scholarship Endowment Endowed scholarship fund launched as the foundation's primary fundraising effort to provide financial assistance to WVSOM medical students in perpetuity, with the goal of supporting every student who needs it. Intended for individual donors, alumni, and corporate partners.
• Named Scholarships Custom-designed scholarships endowed to last in perpetuity or awarded on a less permanent basis through pass-through funds, allowing donors to celebrate success or honor individuals. Available to individual donors, families, and organizations.
• Student Emergency Fund Provides urgent and immediate financial assistance to WVSOM students experiencing unforeseen personal emergencies — including health, financial, or housing crises — that could impact their studies. Available to WVSOM students.
• Annual Giving Campaign Sustaining gifts program allowing donors to contribute weekly, monthly, annually, or as one-time gifts, with donor recognition through the Donor Giving Tree. Targets alumni, individual donors, and community supporters.
• Planned Giving (Society 1972) Estate planning services including bequests through wills or trusts, beneficiary designations on retirement plans and life insurance, and gifts of appreciated assets, with donor recognition through Society 1972. Targeted at individual donors seeking legacy gifts.
• Crypto Donations Cryptocurrency donation acceptance via third-party vendor The Giving Block, allowing donors to contribute digital assets to the foundation. Targets individual donors holding cryptocurrency.
• Stocks and Securities Giving Transfer of stocks and securities as a charitable giving method, with foundation team assistance to facilitate the donation process. Targeted at individual donors with appreciated assets.
• Corporate Annual Partnership Program Annual partner program where businesses and organizations incorporate WVSOM Foundation giving into their business plans, including employee matching-gift programs. Recognition through Annual Partners recognition listings. Targeted at regional businesses and corporate CSR programs.

Quantifiable outcome

• Since 1978, produced more than 3,000 Doctors of Osteopathic Medicine
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

One partnership is on record.

• KrogercoreGTM or Marketing PartnerKroger Community Rewards Program partnership allows Kroger shoppers to link their Rewards card to support the WVSOM Foundation's Student Emergency Fund. Shoppers contribute to student emergency support with every purchase at no additional cost to the shopper.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• AMA Foundation: National physician-led foundation providing scholarships and educational grants across medical schools. Overlapping mission but operates as a broad incumbent across allopathic and multi-specialty medicine rather than osteopathic-only.
• Geisinger Health Foundation: Appalachian-region integrated health system with an active foundation supporting medical education, student scholarships, and clinical workforce initiatives. Shared rural/Appalachian donor geography and medical-education funding programs.

Regional players

• West Virginia University Foundation: Large 501(c)(3) supporting West Virginia University, the state's flagship institution. Same WV-donor philanthropy ecosystem and similar scholarship/student-support mission, but at materially greater scale and across broader academic programs.
• West Virginia Higher Education Foundation: Statewide higher-education support organization administering scholarship and grant programs for West Virginia institutions. Comparable state-level educational philanthropy footprint, but covers all WV higher-ed rather than one school.

Emerging players

• LECOM (Lake Erie College of Osteopathic Medicine) Institutional Advancement: Private osteopathic medical school with a student-aid and scholarship endowment function. Comparable osteopathic medical school student support model; differs as a private institution rather than state-affiliated.

Direct peers

• Penn State College of Medicine Development Office: Fundraising arm of a state-affiliated medical college that channels endowed scholarships and student support. Comparable medical-school-specific student philanthropy infrastructure and donor recognition programs.
• Marshall University Foundation, Inc. West Virginia-based higher-education 501(c)(3) foundation raising and stewarding endowed funds for Marshall University students and programs. Same single-state regional university-foundation model with analogous named-scholarship and annual-giving offerings.
• American Osteopathic Foundation: National nonprofit philanthropy organization dedicated exclusively to supporting osteopathic medicine through scholarships, grants, and awards. Direct functional peer - operates the same scholarship-and-student-support model for the osteopathic profession at a national scale.
• Touro University Foundation: Philanthropic arm of Touro University, which operates osteopathic medicine programs. Directly comparable as an osteopathic medical education philanthropy offering student scholarships and named funds.
• Osteopathic Heritage Foundation: Ohio-based osteopathic-focused philanthropy that funds osteopathic medical education, research, and community health. Directly comparable mission and funding model for supporting osteopathic medical training, with significantly larger asset base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about West Virginia School of Osteopathic Medicine Foundation