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Nonprofiteer
← OHIO UNIVERSITY FOUNDATION

Form 990 for tax year 2022

Filed by OHIO UNIVERSITY FOUNDATION.

Totals

Total revenue
$85,119,153
Total expenses
$51,237,015
Contributions and grants received
$76,513,014
Grants paid
$33,249,286
Program services expenses (Part IX)
$37,074,250
Management and general expenses
$5,290,679
Fundraising expenses
$8,872,086
Program service expenses (Part III)
$37,074,250

Program services were 72.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Candice Casto

    Treasurer & CFO

    Total calculated
    $261,626
    From this org
    $194,687
    From related orgs
    $0
    Other
    $66,939
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $192,687
    Bonus
    $2,000
    Other
    $0
    Deferred
    $28,280
    Nontaxable benefits
    $38,659
    Filer's total
    $261,626

  • I Robert Rudy

    Vice Chair

    Total calculated
    $0
    Hours/week
    4

  • Nico Karagosian

    President & CEO

    Total calculated
    $499,793
    From this org
    $427,753
    From related orgs
    $0
    Other
    $72,040
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $323,153
    Bonus
    $95,000
    Other
    $9,600
    Deferred
    $32,826
    Nontaxable benefits
    $39,214
    Filer's total
    $499,793

  • Perry Sook

    Chair

    Total calculated
    $0
    Hours/week
    4

  • Sandra Anderson

    Vice Chair

    Total calculated
    $0
    Hours/week
    4

  • Susan Weiss Mulgrew

    Secretary

    Total calculated
    $0
    Hours/week
    4

  • Ann Gabriel

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Ann Wagner Hill

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Cary Cooper

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Casey Christopher

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Charles Ciuni

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Calhoun

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Daryl Sybert

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • David Abram

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • David Levy

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • David Wolfort

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Dennis Minichello

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Diane Smullen

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Dick Dickerson

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Donny Harrison

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Edward Chow

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Eric Peterson

    Trustee (until Nov 2022)

    Total calculated
    $0
    Hours/week
    1

  • Gregory Hill

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Hugh Sherman

    Trustee and University President

    Total calculated
    $537,686
    From this org
    $0
    From related orgs
    $485,627
    Other
    $52,059
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $485,627 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,834 related
    Nontaxable benefits
    $0 + $27,225 related
    Filer's total
    $0 + $537,686 related

  • Jacqueline Reau

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Janis Jones

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Loewy

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Wright

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Joseph Becherer

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Joseph Trubacz

    Trustee and University's VP Finance & Admin (Until Aug 2022)

    Total calculated
    $275,587
    From this org
    $0
    From related orgs
    $241,346
    Other
    $34,241
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $225,115 related
    Bonus
    $0
    Other
    $0 + $16,231 related
    Deferred
    $0 + $26,342 related
    Nontaxable benefits
    $0 + $7,899 related
    Filer's total
    $0 + $275,587 related

  • Karen Bailey

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mark Arnold

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mark Heil

    Trustee and University's VP Finance & Administration

    Total calculated
    $147,925
    From this org
    $0
    From related orgs
    $127,956
    Other
    $19,969
    Hours/week
    2 + 38 related

  • Melissa Wervey Arnold

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Paul Gydosh

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Phyllis Kohler

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • R Scott Durcanin

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Robert Wolfinger

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Robin Smith

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Stephen Muck

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Thomas Anderson

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Timothy Busch

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • William Ball

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • William Hilyard

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Sayrs

    Provost

    Total calculated
    $422,297
    From this org
    $0
    From related orgs
    $369,624
    Other
    $52,673
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $369,624 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $25,314 related
    Nontaxable benefits
    $0 + $27,359 related
    Filer's total
    $0 + $422,297 related

  • Jennifer Bowie

    Associate VP of Alumni Relations & Annual Giving and Exec Dir of OUAA (beg Aug 2022)

    Total calculated
    $173,869
    From this org
    $152,781
    From related orgs
    $0
    Other
    $21,088
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,626
    Bonus
    $2,000
    Other
    $155
    Deferred
    $21,088
    Nontaxable benefits
    $0
    Filer's total
    $173,869

  • Maj Mirmirani

    Dean, Russ College of Engineering and Technology (beg July 2022)

    Total calculated
    $166,544
    From this org
    $0
    From related orgs
    $151,529
    Other
    $15,015
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $137,779 related
    Bonus
    $0
    Other
    $0 + $13,750 related
    Deferred
    $0 + $14,798 related
    Nontaxable benefits
    $0 + $217 related
    Filer's total
    $0 + $166,544 related

  • Major Alston

    Senior Associate VP Advancement and Campaign Director

    Total calculated
    $254,225
    From this org
    $190,015
    From related orgs
    $0
    Other
    $64,210
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $179,827
    Bonus
    $2,000
    Other
    $8,188
    Deferred
    $26,421
    Nontaxable benefits
    $37,789
    Filer's total
    $254,225

  • Mei Wei

    Dean, Russ College of Engineering and Technology

    Total calculated
    $310,204
    From this org
    $0
    From related orgs
    $245,413
    Other
    $64,791
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $245,408 related
    Bonus
    $0 + $5 related
    Other
    $0
    Deferred
    $0 + $25,635 related
    Nontaxable benefits
    $0 + $39,156 related
    Filer's total
    $0 + $310,204 related

  • David Gaume

    Chief Investment Officer

    Total calculated
    $369,775
    From this org
    $299,159
    From related orgs
    $0
    Other
    $70,616
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $299,159
    Bonus
    $0
    Other
    $0
    Deferred
    $32,827
    Nontaxable benefits
    $37,789
    Filer's total
    $369,775

  • Jessica Storm

    Assistant Vice President, Major Giving

    Total calculated
    $186,996
    From this org
    $128,616
    From related orgs
    $0
    Other
    $58,380
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,616
    Bonus
    $2,000
    Other
    $0
    Deferred
    $19,784
    Nontaxable benefits
    $38,596
    Filer's total
    $186,996

  • Joseph Pauwels

    Associate VP, Advancement Svcs and Deputy Campaign Director

    Total calculated
    $201,302
    From this org
    $140,964
    From related orgs
    $0
    Other
    $60,338
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,869
    Bonus
    $2,095
    Other
    $0
    Deferred
    $20,934
    Nontaxable benefits
    $39,404
    Filer's total
    $201,302

  • Kelli Kotowski

    Assistant Vice President, Gift Planning

    Total calculated
    $184,577
    From this org
    $149,601
    From related orgs
    $0
    Other
    $34,976
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,601
    Bonus
    $2,000
    Other
    $0
    Deferred
    $21,338
    Nontaxable benefits
    $13,638
    Filer's total
    $184,577

  • Teri Gartland

    Assistant Vice President, Major Giving

    Total calculated
    $192,717
    From this org
    $149,298
    From related orgs
    $0
    Other
    $43,419
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $147,298
    Bonus
    $2,000
    Other
    $0
    Deferred
    $17,843
    Nontaxable benefits
    $25,576
    Filer's total
    $192,717

  • Chaden Djalali

    Former Provost

    Total calculated
    $282,969
    From this org
    $0
    From related orgs
    $219,837
    Other
    $63,132
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $217,557 related
    Bonus
    $0 + $2,280 related
    Other
    $0
    Deferred
    $0 + $23,726 related
    Nontaxable benefits
    $0 + $39,406 related
    Filer's total
    $0 + $282,969 related

  • Deborah Shaffer

    Former Treasurer & CFO

    Total calculated
    $269,237
    From this org
    $0
    From related orgs
    $244,112
    Other
    $25,125
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $216,181 related
    Bonus
    $0
    Other
    $0 + $27,931 related
    Deferred
    $0 + $25,098 related
    Nontaxable benefits
    $0 + $27 related
    Filer's total
    $0 + $269,237 related

  • M Duane Nellis

    Former Trustee and Former University President

    Total calculated
    $384,339
    From this org
    $0
    From related orgs
    $342,395
    Other
    $41,944
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $342,395 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $20,687 related
    Nontaxable benefits
    $0 + $21,257 related
    Filer's total
    $0 + $384,339 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
The University provided a housing allowance for Joseph Trubacz for support of his personal residence and in his capacity as Vice President of Finance and Administration for the University. The University provided a residence for personal use for Mark Heil in his capacity as Vice President of Finance and Administration for the University. These benefits are reported as taxable compensation.
Schedule J, Part I, Line 3 Method for establishing compensation
The University's process for establishing the compensation for President and CEO, Nico Karagosian, included contracting with an executive search firm that provided a compensation analysis based on review of similar sized organizations and positions. In addition, CUPA-HR data was reviewed for similar positions at other public universities in Ohio, in the Mid-American Conference, and in an aspirational peer group. Compensation was set at a level commensurate with those comparisons, taking into consideration Ohio University's size and complexity in comparison with the other institutions examined. In addition, the employment contract was reviewed and approved by University General Counsel.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202421359349308812

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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