Ohio State University Foundation
91% goes to programs $0 to raise $100 Strong reserves
Ohio State University Foundation is a 501(c)(3) organization based in Columbus, Ohio, registered in 1985, with $378,949,364 in FY2024 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
2650 Kenny Road Room 120, Columbus, OH, 43210 EIN 31-1145986 Since 1985
Revenue (FY2024)
$378.9M
▲ 8.8% vs prior year
Education median: $200K
Expenses (FY2024)
$355.0M
Net assets
$2.1B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating91% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Ohio State University Foundation: 91% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating70 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ohio State University Foundation: 70 mo reserves · +6% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Ohio State University Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ohio State University Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The ohio state university foundation is the ohio state university's primary fundraising and gift-receiving organization. its purpose is to advance the mission of ohio state by pursuing and securing private support to benefit ohio state students, faculty, programs, and/or facilities.
What they do
Trust distributions outside the ohio state university
Contact & location
- Address
- 2650 Kenny Road Room 120, Columbus, OH, 43210
- City
- Columbus
- State
- Ohio
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $210.0M (FY2013) to $378.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $72.3MNet assets $2.1B
Operating margin
6.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2B
Total liabilities
$72.3M
Net assets
$2.1B
Salaries & benefits
$157K
0% of expenses
Board members
49
49 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $378,949,364▲8.8% | $355,007,186▲20.4% | $2,082,391,898▲10.2% | $2,154,660,357▲10.4% | 990 |
| 2023 | $348,297,593▼1.6% | $294,953,508▼1.7% | $1,889,422,502▲11.0% | $1,952,395,539▲11.1% | 990 |
| 2022 | $353,823,681▲1.0% | $300,050,665▲1.3% | $1,702,163,355▲8.0% | $1,756,992,042▲7.7% | 990 |
| 2021 | $350,432,065▲13.6% | $296,174,284▲7.8% | $1,576,682,873▲0.3% | $1,631,201,845▼0.3% | 990 |
| 2020 | $308,471,850▼16.1% | $274,668,078▼3.9% | $1,572,053,626▲29.1% | $1,635,635,185▲27.3% | 990 |
| 2019 | $367,876,357▲3.0% | $285,915,842▲6.6% | $1,217,660,308▲5.6% | $1,284,816,137▲1.1% | 990 |
| 2018 | $357,145,506▲36.6% | $268,330,248▲9.6% | $1,152,908,679▲8.3% | $1,270,606,016▲10.5% | 990 |
| 2017 | $261,418,672▼6.4% | $244,900,215▼5.1% | $1,064,760,447▲6.5% | $1,149,676,648▲9.2% | 990 |
| 2016 | $279,183,691▲12.0% | $258,075,142▲17.3% | $999,337,262▲13.6% | $1,052,963,316▲13.1% | 990 |
| 2015 | $249,229,714▲2.8% | $220,073,547▲0.8% | $879,762,722▲0.2% | $930,633,718▲0.9% | 990 |
| 2014 | $242,346,105▲15.4% | $218,241,241▲14.5% | $878,280,141▲5.3% | $922,267,918▲5.2% | 990 |
| 2013 | $210,021,987 | $190,582,245▲11.5% | $834,177,890▲17.2% | $876,277,712▲16.6% | 990 |
| 2012 | — | $170,891,070▼2.3% | $711,564,782▲19.6% | $751,734,191▲18.5% | 990 |
| 2011 | — | $174,966,361▲89.5% | $594,916,425▲6.5% | $634,153,441▲5.8% | 990 |
| 2010 | — | $92,322,003▲49.3% | $558,415,637▲17.3% | $599,246,519▲16.1% | 990 |
| 2009 | — | $61,822,937 | $476,233,044 | $515,963,756 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alec Wightman | Board of Directors | 0.25 | — |
| Anne E Klamar | Board of Directors | 0.25 | — |
| Ayann Howard | Ex Officio Director | 0.25 | — |
| Bonita D Griffin | Board of Directors and Officer | 0.5 | — |
| Carter G Phillips | Board of Directors and Officer | 0.5 | — |
| Caryn Covelli | Board of Directors | 0.25 | — |
| Corbett A Price | Board of Directors | 0.25 | — |
| Cynthia Hilsheimer | Board of Directors | 0.25 | — |
| Daniel Coombs | Board of Directors | 0.25 | — |
| Daniel J Wampler | Board of Directors | 0.25 | — |
| Elizabeth B Germain | Board of Directors | 0.25 | — |
| Frank D Mauceri | Board of Directors | 0.25 | — |
| Gay Su Pinnell | Board of Directors | 0.25 | — |
| Georganne Shockey | Board of Directors | 0.25 | — |
| G Gilbert Cloyd | Board of Directors | 0.25 | — |
| Gifford Weary | Board of Directors and Officer | 0.5 | — |
| Jacinto Beard | Board of Directors | 0.25 | — |
| Jack Cowart | Board of Directors | 0.25 | — |
| Jake Wozniak | Officer | 0.25 | — |
| James F Dietz | Board of Directors and Officer | 0.5 | — |
Top vendors & contractors (FY2019)
| Contractor | Services | Paid |
|---|---|---|
| Compton Construction | General Contractor | $534,783 |
| Avi Foodsystems Inc | Event Catering Services | $396,593 |
| Awh | Software Development Partner | $325,544 |
| Live Technologies | Concert Audio and Visual | $175,000 |
| Fort Ventures LLC | Creative Design Services | $167,755 |
Grants received · $315.4M total
2,362 grants to Ohio State University Foundation totaling $315.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Columbus Foundation | Education | 2024 | $11,667,513 |
| Robert F Wolfe & Edgar T Wolfe Foundation | Education | 2024 | $10,000,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $1,180,402 |
| American Online Giving Foundation Inc | General support | 2024 | $1,086,187 |
| Ecmc Foundation | General support | 2024 | $975,054 |
| American Endowment Foundation | Educational | 2024 | $571,430 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $415,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $306,365 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $305,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $282,000 |
| Cleveland Foundation | Scholarships to needy and deserving students | 2024 | $188,699 |
| The Blackbaud Giving Fund | General support | 2024 | $188,685 |
| Columbus Foundation | Arts and humanities | 2024 | $165,974 |
| Ayco Charitable Foundation | Education | 2024 | $150,600 |
| The Community Foundation For Greater Atlanta Inc | Education | 2024 | $140,000 |
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Compare Ohio State University Foundation
Frequently asked questions
- Is Ohio State University Foundation a legitimate nonprofit?
- Yes. Ohio State University Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1145986, based in Columbus, Ohio. Donations are tax-deductible.
- What is Ohio State University Foundation's EIN?
- Ohio State University Foundation's Employer Identification Number (EIN) is 31-1145986.
- How much revenue does Ohio State University Foundation report?
- Ohio State University Foundation reported $378,949,364 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Ohio State University Foundation's spending goes to programs?
- Ohio State University Foundation spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Ohio State University Foundation have?
- CharityIndex grades Ohio State University Foundation A, based on program efficiency and fundraising cost.
- How much does Ohio State University Foundation's highest-paid employee make?
- The highest reported compensation on Ohio State University Foundation's latest Form 990 is $0, paid to Alec Wightman (Board of Directors).
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Data for Ohio State University Foundation (EIN 31-1145986) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.