Woodburn Circle Society
Named for the original three buildings on campus – Woodburn, Martin and Chitwood – considered to be the foundation of today's West Virginia University, the Society recognizes those who have made a one-time gift or pledge of $100,000 or more to benefit the University and its affiliated organizations. Members are honored at the annual induction dinner held on the first Friday in June, invited to special events, dedications and lectures.
The gift commitment may be satisfied through any combination of the following
- Outright gifts from an individual of cash, securities, real property or gifts-in-kind, also gifts from an individual's wholly owned company, family foundation, or other foundation where the gift is attributed to a donor advised fund established by the individual
- Matching gifts
- Irrevocable income-producing gifts (unitrust, annuity trust, gift annuity or deferred gift annuity)
- Life insurance policy gifts (where WVUF is the owner), and real estate remainder gifts (with a retained life estate for the donors)
- Bequests, testamentary retirement asset gifts, "payable on death" accounts and beneficiary designations of life insurance
In the spirit of “One WVU” the WVU Foundation is now including revocable gifts in the Woodburn Circle Society beginning in 2016 and retroactive for all previously booked gifts.
Three recognition levels exist within the Society based on the member's cumulative giving
- Gifts of $1 million or more – Woodburn
- Gifts of $250,000 to $999,999 – Martin
- Gifts of $100,000 to $249,999 – Chitwood