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Nonprofit · EIN 31-6402269

OHIO UNIVERSITY FOUNDATION

Tax-exempt · ATHENS, OH 45701

Financials

$85.1M$51.2M2022$69.7M$56.2M2023$92.8M$61.6M2024
Revenue Expenses · by fiscal year end
Financials of OHIO UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$92,753,417$61,625,366$31,128,051$893,685,493$4,676,977$889,008,516
June 30, 2024990$69,719,598$56,192,758$13,526,840$792,735,359$6,868,075$785,867,284
June 30, 2023990$85,119,153$51,237,015$33,882,138$725,272,249$7,557,924$717,714,325
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$62,788,257
Program service revenue
$0
Investment income
$29,047,800
Net rental income
-$136,317
Net gain from sales of assets
$15,091,229
Net income from fundraising events
-$9,492
Net income from sales of inventory
$2,616
Other revenue
$917,360

Expenses

Grants and similar amounts paid
$42,078,394
Compensation of officers, directors and key employees
$1,334,417
Other salaries and wages
$7,353,229
Salaries, compensation and benefits (total)
$10,689,336
Professional fundraising fees
$544,784
Legal fees
$71,128
Accounting fees
$155,494
Occupancy
$24,002
Travel
$535,396
Program services (functional)
$45,997,749
Management and general (functional)
$7,130,522
Fundraising (functional)
$8,497,095

Balance sheet and other

Total assets, start of year
$792,735,359
Total assets, end of year
$893,685,493
Total liabilities, end of year
$4,676,977
Net assets, end of year
$889,008,516
Land, buildings and equipment
$3,273,903
Publicly traded securities
$536,149,253
Net assets without donor restrictions
$192,147,456
Net assets with donor restrictions
$696,861,060
Gross unrelated business income
-$377,049
Gross receipts
$167,306,479
Employees
97
Volunteers
589
Year formed
1945
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Lori Stewart GonzalezTrustee and University President
Trustee or director
5$0$786,087$60,408
Elizabeth SayrsFormer Provost
Former
0$0$426,487$63,535
David GaumeChief Investment Officer
Key employee
36$392,219$0$83,374
Patrick FoxDean, Russ College of Engineering and Technology
Key employee
4$0$334,965$81,327
Lynda RedingtonPresident & CEO (until NOV 24)
Trustee or director, Officer
6$0$327,298$67,283
M Duane NellisFormer Trustee and Former University President
Former
0$0$303,392$73,373
Hugh ShermanFormer Trustee and Former University President
Former
0$0$268,932$66,620
Nicolas KaragosianFormer President & CEO
Former
0$300,484$0$23,633
Chaden DjalaliFormer Provost
Former
0$0$219,789$73,429
Candice CastoTreasurer & CFO
Trustee or director, Officer
36$212,579$0$78,475
John DayTrustee and University's VP Finance & Admin (until DEC 24)
Trustee or director
2$0$229,369$61,092
Donald LeoProvost (beg JUL 24)
Key employee
0.4$0$217,772$44,844
Major AlstonSenior Associate VP Advancement and Campaign Director (until Oct 24)
Key employee
38$197,054$0$52,037
Teri GartlandAssistant Vice President, Major Giving (until Feb 24)
Highest-paid employee
38$168,665$0$50,235
Joseph PauwelsAssociate VP, Advancement Svcs and Deputy Campaign Director
Highest-paid employee
40$144,712$0$69,942
40 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Dustin KilgourChief of Staff
Highest-paid employee
40$134,554$0$63,860
Jennifer BowieAssociate VP of Alumni Relations & Annual Giving and Exec Dir of OUAA
Key employee
40$172,737$0$24,183
Kelli KotowskiAssistant Vice President, Gift Planning
Highest-paid employee
40$158,017$0$28,363
Dawn TabataSenior Advisor, Principal Prospects & Donor Strategy
Highest-paid employee
40$138,899$0$19,446
Gregory SimmonsPresident & CEO (beg NOV 24)
Trustee or director, Officer
38$84,352$0$8,775
Dan SquillerTrustee, Adjunct Professor
Trustee or director
4$0$20,000$0
Donald Harrison JrVice Chair
Trustee or director, Officer
1$0$0$0
Sandra AndersonChair
Trustee or director, Officer
5$0$0$0
Stephen MuckVice Chair (until OCT 24)
Trustee or director, Officer
4$0$0$0
Susan Weiss MulgrewSecretary
Trustee or director, Officer
1$0$0$0
Ann GabrielTrustee
Trustee or director
2$0$0$0
Ann Wagner HillTrustee
Trustee or director
1$0$0$0
Bill BrandTrustee
Trustee or director
2$0$0$0
Casey ChristopherTrustee
Trustee or director
1$0$0$0
Charles CiuniTrustee
Trustee or director
1$0$0$0
Cynthia CalhounTrustee
Trustee or director
1$0$0$0
David AbramTrustee
Trustee or director
1$0$0$0
David LevyTrustee
Trustee or director
3$0$0$0
David MooreTrustee and University's VP Finance & Admin (beg JAN 25)
Trustee or director
2$0$0$0
David WolfortTrustee
Trustee or director
2$0$0$0
Dennis MinichelloTrustee
Trustee or director
1$0$0$0
Diane SmullenTrustee
Trustee or director
1$0$0$0
Edward ChowTrustee
Trustee or director
2$0$0$0
Gregory HillTrustee
Trustee or director
2$0$0$0
Gregory MooreTrustee
Trustee or director
1$0$0$0
Jacqueline ReauTrustee
Trustee or director
3$0$0$0
Jeffrey WrightTrustee
Trustee or director
1$0$0$0
Mark ArnoldTrustee
Trustee or director
4$0$0$0
Melissa Wervey GittelmanTrustee
Trustee or director
1$0$0$0
Paul GydoshTrustee
Trustee or director
3$0$0$0
Paul StewartTrustee
Trustee or director
1$0$0$0
Phyllis KohlerTrustee
Trustee or director
3$0$0$0
R Scott DurcaninTrustee
Trustee or director
1$0$0$0
Robert WolfingerTrustee
Trustee or director
4$0$0$0
Robin SmithTrustee
Trustee or director
5$0$0$0
Thomas AndersonTrustee
Trustee or director
1$0$0$0
Thomas ParfittTrustee
Trustee or director
2$0$0$0
Timothy BuschTrustee
Trustee or director
5$0$0$0
Ty VotawTrustee
Trustee or director
1$0$0$0
William BallTrustee
Trustee or director
3$0$0$0
990 for the year ended June 30, 2024: 55 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Nico KaragosianPresident & CEO (until FEB 24)
Trustee or director, Officer
38$415,999$0$81,082
Hugh ShermanFormer Trustee and Former University President
Former
0$0$426,988$58,271
David GaumeChief Investment Officer
Highest-paid employee
36$359,736$0$78,230
Elizabeth SayrsProvost
Key employee
4$0$374,554$59,697
Mark HeilTrustee and University's VP Finance & Admin (until NOV 23)
Trustee or director
1$0$362,689$68,286
Lori Stewart GonzalezTrustee and University President
Trustee or director
3$0$362,858$44,847
Lyn RedingtonPresident & CEO (begin FEB 24)
Trustee or director, Officer
6$0$294,081$58,324
M Duane NellisFormer Trustee and Former University President
Former
0$0$270,284$62,976
Chaden DjalaliFormer Provost
Former
0$0$220,406$69,933
Major AlstonSenior Associate VP Advancement and Campaign Director
Key employee
38$210,124$0$73,113
Candice CastoTreasurer & CFO
Trustee or director, Officer
36$198,344$0$72,614
John DayTrustee and University's VP Finance & Admin (beg NOV 23)
Trustee or director
1$0$183,979$57,697
Patrick FoxDean, Russ College of Engineering and Technology (Beg JUL 2023)
Key employee
4$0$187,530$35,421
Maj MirmiraniDean, Russ College of Engineering and Technology (until JUL 2023)
Key employee
4$0$201,197$18,580
Joseph PauwelsAssociate VP, Advancement Svcs and Deputy Campaign Director
Highest-paid employee
40$143,256$0$65,884
Teri GartlandAssistant Vice President, Major Giving
Highest-paid employee
38$159,383$0$46,908
Jennifer BowieAssociate VP of Alumni Relations & Annual Giving and Exec Dir of OUAA
Key employee
40$177,283$0$24,532
Kelli KotowskiAssistant Vice President, Gift Planning
Highest-paid employee
40$155,842$0$37,280
Mei WeiFormer Dean, Russ College of Engineering and Technology
Former
0$0$122,651$33,265
Dawn TabataSenior Advisor, Principal Prospects & Donor Strategy
Highest-paid employee
40$135,483$0$18,688
I Robert RudyVice Chair
Trustee or director, Officer
4$0$0$0
Sandra AndersonChair
Trustee or director, Officer
5$0$0$0
Stephen MuckVice Chair
Trustee or director, Officer
4$0$0$0
Susan Weiss MulgrewSecretary
Trustee or director, Officer
4$0$0$0
Ann GabrielTrustee
Trustee or director
1$0$0$0
Ann Wagner HillTrustee
Trustee or director
2$0$0$0
Bill BrandTrustee
Trustee or director
6$0$0$0
Casey ChristopherTrustee
Trustee or director
1$0$0$0
Charles CiuniTrustee
Trustee or director
5$0$0$0
Cynthia CalhounTrustee
Trustee or director
1$0$0$0
Daryl SybertTrustee (until APR 2024)
Trustee or director
1$0$0$0
David AbramTrustee
Trustee or director
5$0$0$0
David LevyTrustee
Trustee or director
3$0$0$0
David WolfortTrustee
Trustee or director
2$0$0$0
Dennis MinichelloTrustee
Trustee or director
1$0$0$0
Diane SmullenTrustee
Trustee or director
1$0$0$0
Donald Harrison JrTrustee
Trustee or director
1$0$0$0
Edward ChowTrustee
Trustee or director
2$0$0$0
Gregory HillTrustee
Trustee or director
2$0$0$0
Gregory MooreTrustee
Trustee or director
1$0$0$0
Jacqueline ReauTrustee
Trustee or director
2$0$0$0
Jeffrey LoewyTrustee
Trustee or director
1$0$0$0
Jeffrey WrightTrustee
Trustee or director
1$0$0$0
Mark ArnoldTrustee
Trustee or director
6$0$0$0
Melissa Wervey ArnoldTrustee
Trustee or director
1$0$0$0
Paul GydoshTrustee
Trustee or director
3$0$0$0
Paul StewartTrustee (beg JAN 2024)
Trustee or director
1$0$0$0
Phyllis KohlerTrustee
Trustee or director
3$0$0$0
R Scott DurcaninTrustee
Trustee or director
1$0$0$0
Robert WolfingerTrustee
Trustee or director
7$0$0$0
Robin SmithTrustee
Trustee or director
2$0$0$0
Thomas AndersonTrustee
Trustee or director
1$0$0$0
Timothy BuschTrustee
Trustee or director
5$0$0$0
William BallTrustee
Trustee or director
2$0$0$0
William HilyardTrustee
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 57 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Hugh ShermanTrustee and University President
Trustee or director
4$0$485,627$52,059
Nico KaragosianPresident & CEO
Trustee or director, Officer
38$427,753$0$72,040
Elizabeth SayrsProvost
Key employee
4$0$369,624$52,673
M Duane NellisFormer Trustee and Former University President
Former
0$0$342,395$41,944
David GaumeChief Investment Officer
Highest-paid employee
36$299,159$0$70,616
Mei WeiDean, Russ College of Engineering and Technology
Key employee
4$0$245,413$64,791
Chaden DjalaliFormer Provost
Former
0$0$219,837$63,132
Joseph TrubaczTrustee and University's VP Finance & Admin (Until Aug 2022)
Trustee or director
2$0$241,346$34,241
Deborah ShafferFormer Treasurer & CFO
Former
0$0$244,112$25,125
Candice CastoTreasurer & CFO
Trustee or director, Officer
36$194,687$0$66,939
Major AlstonSenior Associate VP Advancement and Campaign Director
Key employee
38$190,015$0$64,210
Joseph PauwelsAssociate VP, Advancement Svcs and Deputy Campaign Director
Highest-paid employee
40$140,964$0$60,338
Teri GartlandAssistant Vice President, Major Giving
Highest-paid employee
38$149,298$0$43,419
Jessica StormAssistant Vice President, Major Giving
Highest-paid employee
40$128,616$0$58,380
Kelli KotowskiAssistant Vice President, Gift Planning
Highest-paid employee
40$149,601$0$34,976
Jennifer BowieAssociate VP of Alumni Relations & Annual Giving and Exec Dir of OUAA (beg Aug 2022)
Key employee
40$152,781$0$21,088
Maj MirmiraniDean, Russ College of Engineering and Technology (beg July 2022)
Key employee
4$0$151,529$15,015
Mark HeilTrustee and University's VP Finance & Administration
Trustee or director
2$0$127,956$19,969
I Robert RudyVice Chair
Trustee or director, Officer
4$0$0$0
Perry SookChair
Trustee or director, Officer
4$0$0$0
Sandra AndersonVice Chair
Trustee or director, Officer
4$0$0$0
Susan Weiss MulgrewSecretary
Trustee or director, Officer
4$0$0$0
Ann GabrielTrustee
Trustee or director
1$0$0$0
Ann Wagner HillTrustee
Trustee or director
1$0$0$0
Cary CooperTrustee
Trustee or director
1$0$0$0
Casey ChristopherTrustee
Trustee or director
1$0$0$0
Charles CiuniTrustee
Trustee or director
1$0$0$0
Cynthia CalhounTrustee
Trustee or director
1$0$0$0
Daryl SybertTrustee
Trustee or director
1$0$0$0
David AbramTrustee
Trustee or director
1$0$0$0
David LevyTrustee
Trustee or director
1$0$0$0
David WolfortTrustee
Trustee or director
1$0$0$0
Dennis MinichelloTrustee
Trustee or director
1$0$0$0
Diane SmullenTrustee
Trustee or director
1$0$0$0
Dick DickersonTrustee
Trustee or director
1$0$0$0
Donny HarrisonTrustee
Trustee or director
1$0$0$0
Edward ChowTrustee
Trustee or director
1$0$0$0
Eric PetersonTrustee (until Nov 2022)
Trustee or director
1$0$0$0
Gregory HillTrustee
Trustee or director
1$0$0$0
Jacqueline ReauTrustee
Trustee or director
1$0$0$0
Janis JonesTrustee
Trustee or director
1$0$0$0
Jeffrey LoewyTrustee
Trustee or director
1$0$0$0
Jeffrey WrightTrustee
Trustee or director
1$0$0$0
Joseph BechererTrustee
Trustee or director
1$0$0$0
Karen BaileyTrustee
Trustee or director
1$0$0$0
Mark ArnoldTrustee
Trustee or director
1$0$0$0
Melissa Wervey ArnoldTrustee
Trustee or director
1$0$0$0
Paul GydoshTrustee
Trustee or director
1$0$0$0
Phyllis KohlerTrustee
Trustee or director
1$0$0$0
R Scott DurcaninTrustee
Trustee or director
1$0$0$0
Robert WolfingerTrustee
Trustee or director
1$0$0$0
Robin SmithTrustee
Trustee or director
1$0$0$0
Stephen MuckTrustee
Trustee or director
1$0$0$0
Thomas AndersonTrustee
Trustee or director
1$0$0$0
Timothy BuschTrustee
Trustee or director
1$0$0$0
William BallTrustee
Trustee or director
1$0$0$0
William HilyardTrustee
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 869, ATHENS, OH 45701-0869
Principal officer (990 for 2024)
Greg Simmons, PO Box 869, Athens, OH 45701
Signed the 990
Candice Casto, Treasurer & CFO
Phone
(740) 593-1901
Return prepared by
CROWE LLP

Mission

The Ohio University Foundation was established in 1945 to support the mission of Ohio University, the first institution of higher education in the Northwest Territory. Ohio University holds as its central purpose the intellectual and personal development of its students and is well known for its outstanding faculty of accomplished teachers whose research and creative activity advance knowledge across many disciplines. During fiscal year 2025, The Ohio University Foundation received thousands of gifts totaling more than $59 million.

990 for the year ended June 30, 2025

Program accomplishments

  • 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 2025, The Ohio University Foundation provided $20.4 million in support for instruction and research, $11.3 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-based and merit-based scholarships. Significant gifts were received during fiscal year 2025 for the colleges of arts and sciences, business, communications, education, engineering, and fine arts, as well as for student financial aid, university libraries, and many other areas.
    Expenses $45,997,749 · grants $42,078,394 · revenue $1,060,553

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-6402269
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1955
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$893,685,493
Income (IRS master file)
$167,306,479

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$92,753,417$61,625,366$893,685,493IRS
990-TJune 2025–––IRS
990June 2024$69,719,598$56,192,758$792,735,359XML
990-TJune 2024–––IRS
990June 2023$85,119,153$51,237,015$725,272,249XML
990-TJune 2023–––IRS
990June 2022$75,179,430$52,577,327$641,559,157IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-6402269).

Questions about OHIO UNIVERSITY FOUNDATION

What is the EIN of OHIO UNIVERSITY FOUNDATION?
The employer identification number (EIN) of OHIO UNIVERSITY FOUNDATION is 31-6402269.
Is OHIO UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1955.
Are donations to OHIO UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OHIO UNIVERSITY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OHIO UNIVERSITY FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OHIO UNIVERSITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OHIO UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names Greg Simmons.
Who are the officers and directors of OHIO UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 55 people; 11 received compensation from the organization.
How much revenue does OHIO UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $92,753,417, expenses of $61,625,366 and total assets of $893,685,493 at year end.

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