Ohio University Foundation

Organization Overview

Ohio University Foundation is located in Athens, OH. The organization was established in 1955. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Ohio University Foundation employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio University Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Ohio University Foundation generated $65.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $43.2m during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE OHIO UNIVERSITY FOUNDATION IS AN ACTIVE PARTNER IN OHIO UNIVERSITY'S MISSION OF EDUCATION, RESEARCH, AND SERVICE. THE FOUNDATION PROVIDES SUPPORT FOR FINANCIAL AID, RESEARCH, CAPITAL EXPANSION, AND OTHER ACADEMIC INITIATIVES, SECURING FOR OHIO UNIVERSITY A MARGIN OF EXCELLENCE THAT OTHERWISE WOULD NOT BE POSSIBLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE OHIO UNIVERSITY FOUNDATION PROVIDES FUNDING FOR MANY UNIVERSITY NEEDS INCLUDING ACADEMIC AND INSTRUCTIONAL SUPPORT, STUDENT AID, RESEARCH, FACILITIES, ATHLETICS AND OTHER ACADEMIC INITIATIVES. DURING FISCAL YEAR 2022, THE OHIO UNIVERSITY FOUNDATION PROVIDED $17.3 MILLION IN SUPPORT FOR INSTRUCTION AND RESEARCH, $9.4 MILLION IN STUDENT AID, AND $10.3 MILLION IN SUPPORT OF OTHER ACADEMIC INITIATIVES. OHIO'S PREMIER SCHOLARSHIP PROGRAMS INCLUDE THE APPALACHIAN SCHOLAR PROGRAM, THE URBAN SCHOLARS PROGRAM, THE CUTLER SCHOLARS PROGRAM, AND MANY MORE NEED AND MERIT-BASED SCHOLARSHIPS. SIGNIFICANT GIFTS WERE RECEIVED DURING FISCAL YEAR 2022 FOR THE COLLEGES OF ARTS AND SCIENCES, BUSINESS, ENGINEERING AND OSTEOPATHIC MEDICINE, AS WELL AS FOR STUDENT FINANCIAL AID, INTERCOLLEGIATE ATHLETICS AND MANY OTHER AREAS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Treasurer & CFO
$160,345
Name Not Listed
Treasurer & CFO (partial Year)
$0
Name Not Listed
Vice Chair
$0
Name Not Listed
President & CEO
$321,438
Name Not Listed
Chair
$0
Name Not Listed
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Silchester International Investors Llp
Investment Management
$347,407
Hirtle Callaghan & Co
Investment Management
$300,227
Fund Evaluation Group
Investment Consultant
$246,877
Tiaa Kaspick
Investment Mgt/gift Admin
$229,544
Ruffalo Noel Levitz Llc
Fundraising
$174,650
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$46,703,871
Investment income $8,109,265
Tax Exempt Bond Proceeds $0
Royalties $5,525
Net Rental Income -$573,932
Net Gain/Loss on Asset Sales $10,615,664
Net Income from Fundraising Events -$5,435
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $64,049
Miscellaneous Revenue$0
Total Revenue $65,304,081

Peer Organizations

Organization NameAssets
West Virginia Univ Foundation Inc
Morgantown, WV
$183,335,188
University Of Louisville Foundation Inc
Louisville, KY
$43,496,002
Ohio University Foundation
Athens, OH
$65,304,081
Western Michigan University Foundation
Kalamazoo, MI
$603,544,425
Pelotonia
Columbuus, OH
$24,079,692
Ivy Tech Foundation Inc
Indianapolis, IN
$23,032,210
Iu Medical Group Foundation Inc
Indianapolis, IN
$90,820,472
School Employees Benefit Trust
Cincinnati, OH
$19,919,810
Miami University Foundation Inc
Oxford, OH
$27,278,581
Ball State University Foundation
Muncie, IN
$35,478,867
Michigan State University Foundation
East Lansing, MI
$51,499,585
Wku Student Life Foundation Inc
Bowling Green, KY
$30,600,200
Bowling Green State University Foundation Inc
Bowling Green, OH
$28,051,237
The University Of Toledo Foundation
Toledo, OH
$41,543,760
Alvina Reckman Myers Trust
Pittsburgh, PA
$263,049
Youngstown State University Foundation
Youngstown, OH
$28,980,786
Marshall University Foundation Incorporated
Huntington, WV
$48,068,529
Foundation For Indiana University Of Pennsylvania
Indiana, PA
$24,261,569
Kent State University Foundation
Kent, OH
$49,925,385
Eastern Michigan University Foundation
Ypsilanti, MI
$32,850,037
University Of Akron Foundation
Akron, OH
$29,706,215
Michigan Tech Fund
Houghton, MI
$23,017,845
Philadelphia College Of Osteopathic Medicine Foundation
Philadelphia, PA
$21,603,845
Medical Educational And Development Foundation
Coldwater, OH
$12,356,480
Christian Schools International Insurance Plan And Trust Fund
Grandville, MI
$10,668,482

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