Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $4,746,907

• 3 · Investment income

  total $1,616,120 · excluded $1,616,120

• 7a · Gross sales of assets other than inventory

  securities $18,417,674

• 7b · Less cost or other basis and sales expenses

  securities $17,980,857

• 7c · Gain or loss

  securities $436,817

• 7d · Net gain or loss

  total $436,817 · excluded $436,817

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $384,864 · management and general $384,864

• 7 · Other salaries and wages

  total $950,839 · management and general $115,364 · fundraising $835,475

• 9 · Other employee benefits

  total $100,073 · management and general $33,632 · fundraising $66,441

• 10 · Payroll taxes

  total $93,009 · management and general $30,996 · fundraising $62,013

• 11a · Fees: management

  total $222,000 · management and general $222,000

• 11b · Fees: legal

  total $710 · management and general $710

• 11c · Fees: accounting

  total $4,000 · management and general $4,000

• 11f · Fees: investment management

  total $168,528 · fundraising $168,528

• 11g · Fees: other

  total $8,148 · management and general $8,148

• 13 · Office expenses

  total $49,646 · management and general $10,299 · fundraising $39,347

• 14 · Information technology

  total $50,677 · management and general $50,677

• 16 · Occupancy

  total $7,915 · management and general $7,915

• 17 · Travel

  total $26,767 · management and general $1,325 · fundraising $25,442

• 19 · Conferences, conventions and meetings

  total $2,448 · management and general $1,909 · fundraising $539

• 22 · Depreciation, depletion and amortization

  total $7,384 · management and general $7,384

• 24a · Other expenses: BAD DEBT EXPENSE

  total $464,850 · management and general $464,850

• 24b · Other expenses: ANNUITY FUND DISTRBS

  total $160,065 · fundraising $160,065

• 24c · Other expenses: ANNUITY TRUST FEES

  total $40,032 · fundraising $40,032

• 24d · Other expenses: RESIDENT SPECIAL EVENTS

  total $37,388 · fundraising $37,388

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,983,026 · end of year $3,325,078

• 3 · Pledges and grants receivable

  beginning of year $2,483,619 · end of year $2,143,827

• 4 · Accounts receivable

  beginning of year $46,741 · end of year $23,321

• 10a · Land, buildings and equipment: cost or other basis

  $169,989

• 10b · Land, buildings and equipment: accumulated depreciation

  $152,154

• 10c · Land, buildings and equipment, net

  beginning of year $25,219 · end of year $17,835

• 11 · Investments: publicly traded securities

  beginning of year $53,507,261 · end of year $59,207,450

• 15 · Other assets

  beginning of year $28,262,918 · end of year $11,554,845

• 17 · Accounts payable and accrued expenses

  beginning of year $184,362 · end of year $200,220

• 25 · Other liabilities

  beginning of year $1,364,109 · end of year $1,211,259

• 27 · Net assets without donor restrictions

  beginning of year $24,698,967 · end of year $13,079,470

• 28 · Net assets with donor restrictions

  beginning of year $61,061,346 · end of year $61,781,407

The filer's explanations (Part III)

PART I, LINE 3:

OHIO LIVING FOUNDATION RELIED ON A RELATED ORGANIZATION (OHIO LIVING) THAT USED THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: -COMPENSATION COMMITTEE -INDEPENDENT COMPENSATION CONSULTANT -FORM 990 OF OTHER ORGANIZATIONS -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4B:

THE 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN IS AVAILABLE TO KEY EMPLOYEES OF THE ORGANIZATION, AS DEFINED BY THE ORGANIZATION AND NOT PART VII OF THE FORM 990. THE 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN WILL VEST 100% AFTER 3 FISCAL YEARS OF CONTINUED EMPLOYMENT HAVE CONCLUDED; OTHERWISE, AMOUNTS ARE FORFEITED. AWARDED DEFERRED COMPENSATION AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN C, AND WHEN VESTED ARE REPORTED IN COLUMN B(I). THERE WERE NO 403B RETIREMENT AWARDS MADE.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• OHIO PRESBYTERIAN RETIREMENT SERVICES DEVELOP CORP

  C · INACTIVE · OH · controlled entity

• OHIO LIVING VENTURES LLC

  C · HOLD INVESTMENTS · OH · controlled entity