2020-04-13T10:52:41-07:00 2019-06-30 990 2018-07-01 311145986 OHIO STATE UNIVERSITY FOUNDATION OHIO 6142922141 1480 W Lane Ave Columbus OH 43221 Jake Wozniak Assistant Treasurer 6142928520 2020-04-14 192.252.204.87 2018 2020-09-23 17:36:50Z Michael C Eicher 1480 W Lane Ave Columbus OH 43221 357145506 0 X www.osu.edu/giving X 1985 OH The Foundation raises funds, manages endowments, and manages planned gifts for the benefit of The Ohio State University. 49 49 0 3175 0 -8647 239433928 333415059 0 0 18185209 20373506 3799535 3356941 261418672 357145506 0 0 0 0 2633108 3167101 0 0 7493055 242267107 265163147 244900215 268330248 16518457 88815258 1149676648 1270606016 84916201 117697337 1064760447 1152908679 The Foundation raises funds, manages endowments, and manages planned gifts for the benefit of The Ohio State University. 0 0 244067255 0 0 Distributions to The Ohio State University 216247 0 0 Trust Distributions Outside The Ohio State University 0 0 0 244283502 1 1 0 0 0 1 0 0 0 1 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 X 73 0 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 X 49 49 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 CA KY MA MD ME MI MN NH NJ NY OH OR PA SC UT WI X Julie L Saunders 6142927458 2020 Blankenship Hall 901 Woody Hayes Drive Columbus OH 432104016 Patricia E Aveni Board of Directors 0.25 0 X 0 0 0 C Richard Beckett Board of Directors 0.25 0 X 0 0 0 William P Blair III Board of Directors 0.25 0 X 0 0 0 Michael H Carpenter Board of Directors 0.25 0 X 0 0 0 G Gilbert Cloyd Board of Directors 0.25 0 X 0 0 0 Jack Cowart Board of Directors 0.25 0 X 0 0 0 Tanny B Crane Board of Directors 0.25 0 X 0 0 0 Phylllis A Cummins Board of Directors 0.25 0 X 0 0 0 James F Dietz Board of Directors and Officer 0.5 0 X X 0 0 0 Susan R Edwards Board of Directors 0.25 0 X 0 0 0 Ruann F Ernst Board of Directors 0.25 0 X 0 0 0 Jane Fawcett Hoover Board of Directors 0.25 0 X 0 0 0 Elizabeth B Germain Board of Directors and Officer 0.5 0 X X 0 0 0 John C Gray Board of Directors 0.25 0 X 0 0 0 Jole R Harmon Board of Directors 0.25 0 X 0 0 0 Cynthia Hilsheimer Board of Directors 0.25 0 X 0 0 0 Lisa Hinson Board of Directors 0.25 0 X 0 0 0 Linda S Kass Board of Directors 0.25 0 X 0 0 0 Maryann Kennedy Board of Directors 0.25 0 X 0 0 0 Keith B Key Board of Directors 0.25 0 X 0 0 0 Anne E Kalmar Board of Directors 0.25 0 X 0 0 0 Nancy J Kramer Board of Directors 0.25 0 X 0 0 0 John C Lindberg Board of Directors 0.25 0 X 0 0 0 Matthew Magee Board of Directors 0.25 0 X 0 0 0 Frank Mauceri Board of Directors 0.25 0 X 0 0 0 Stephen G Mehallis Board of Directors 0.25 0 X 0 0 0 Stephen D Milligan Board of Directors 0.25 0 X 0 0 0 Keith D Monda Board of Directors and Officer 0.5 0 X X 0 0 0 Edwin L Overmyer Board of Directors 0.25 0 X 0 0 0 W Ray Persons Board of Directors and Officer 0.5 0 X X 0 0 0 Carter G Phillips Board of Directors 0.25 0 X 0 0 0 Stanley D Ross Board of Directors 0.25 0 X 0 0 0 Robert W Savage Board of Directors 0.25 0 X 0 0 0 Robert H Schottenstein Board of Directors 0.25 0 X 0 0 0 Susan Schottenstein Diamond Board of Directors 0.25 0 X 0 0 0 Georganne Shockey Board of Directors 0.25 0 X 0 0 0 Ratmir Timashev Board of Directors 0.25 0 X 0 0 0 Daniel J Wampler Board of Directors and Officer 0.5 0 X X 0 0 0 Gifford Weary Board of Directors 0.25 0 X 0 0 0 Robert J Weiler Board of Directors 0.25 0 X 0 0 0 Alec Wightman Board of Directors 0.25 0 X 0 0 0 Robert L Wright Board of Directors 0.25 0 X 0 0 0 Kris Devine Ex Officio Director 0.25 0 X 0 0 0 Michael V Drake Ex Officio Director 0.25 0 X 0 0 0 Michael C Eicher Ex Officio Director and Officer 50 0 X X 0 0 0 Gail Marsh Ex Officio Director 0.25 0 X 0 0 0 Bruce A McPherson Ex Officio Director 0.25 0 X 0 0 0 Rustin M Moore Ex Officio Director 0.25 0 X 0 0 0 Michael Papadakis Ex Officio Director 0.25 0 X 0 0 0 James E Smith Ex Officio Director 0.25 0 X 0 0 0 Amy A Rodriguez Officer 0.25 0 X 0 0 0 Jake Wozniak Officer 0.25 0 X 0 0 0 Douglas Ulman President-CEO and Ex-Officio Director - Pelotonia 0 40 X 0 561798 30812 Nicholas Denby Chief Financial Officer - Pelotonia 0 40 X 0 182259 29556 Michael Nestor Senior Advisor to the President-CEO, Pelotonia 0 40 X 0 143699 21196 Susan Pattison Director-Pelotonia 0 40 X 0 125388 25032 Miguel Perez Chief Operating Officer - Pelotonia 0 40 X 0 165614 12808 Kristopher Anderson Director of Events - Pelotonia 0 40 X 0 108532 19774 0 1287290 139178 6 0 1 0 AWH 495 Metro Place S Dublin OH 43017 Software Development Partner 641615 AVI Foodsystems Inc 6465 Busch Rd Columbus OH 43229 Event Catering Services 429208 Live Technologies 3445 Millennium Court Columbus OH 43219 Concert Audio and Visual 175000 Raizlabs Corporation 50 Milk St Boston MA 02109 Software Development Partner 171928 Fort Ventures LLC 17 Brickel St Ste D Columbus OH 43215 Creative Design Services 156750 5 0 0 27982509 0 0 305432550 14104222 333415059 0 20373506 20373506 0 0 0 0 0 0 0 0 0 0 0 0 0 0 27982509 Income from irrevocable split-interest 525920 1774142 1774142 0 0 Pelotonia registration fees 900099 793990 793990 0 0 Pelotonia other income 900099 836840 836840 0 0 -48031 -48031 0 0 3356941 357145506 23730447 0 0 3134857 96169 3038688 32244 32244 981787 981787 61817 29432 32385 150708 86229 64479 13906183 13906183 268814 268814 -77325 -77325 703212 80 703132 152772 16825 135947 27304 27304 0 184168 184168 Distributions to The Ohio State University 244067255 244067255 0 0 Provision for uncollectible pledges 2170486 0 2170486 0 Event expenses 2317844 0 0 2317844 Distributions outside The Ohio State University 216247 216247 0 0 31875 31875 268330248 244283502 16553691 7493055 22859141 43635271 0 0 100424854 197956500 11599639 9482866 6135832 3182992 6845629 2952840 490862489 598461098 516921807 417906732 163089 210709 1149676648 1270606016 82184 201845 15354476 31948349 69479541 85547143 84916201 117697337 X 16789334 17076163 170694975 225536633 877276138 910295883 1064760447 1152908679 1149676648 1270606016 88815258 -667026 0 0 0 0 X 1 X 1 X 1 0 X 222223332 232151865 259141316 239433928 333415059 1286365500 0 0 0 0 0 0 0 0 0 0 222223332 232151865 259141316 239433928 333415059 1286365500 893448 1285472052 18553548 15292159 18157321 18185209 20373506 90561743 1376927243 0.93358 0.92972 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2 0 6105 0 28614 0 859387 1 1 958749667 43443167 21238462 0 40096137 13906183 969428976 877261330 54157760 79674344 0 37111218 15232549 958749667 763331888 49557404 113595175 0 34315899 14907238 877261330 757158186 63029783 -11494479 0 30008699 15352903 763331888 710961474 58771147 31391011 0 28705174 15260272 757158186 0 0.9824 0.0176 1 0 0 0 0 0 6135832 3182992 2952840 0 0 0 0 0 0 0 0 0 0 0 0 2952840 Investment Partnerships 416630531 F Life insurance policies 1276201 F 417906732 0 Obligation and Reserve for Gift Annnuity 16435419 Charitable Remainder Trust Liabilities 15291264 Distribution payable to The Ohio State University 40016949 Advance from The Oho State University 8290 Deferred Inflows 13795221 85547143 346780357 -667026 0 0 0 -667026 347447383 9698123 0 9698123 357145506 258632125 0 0 0 0 0 258632125 9698123 0 9698123 268330248 Schedule D, Part V, Line 3a(i) The endowment funds are held and administered for the organization by The Ohio State University; based on the definition of "related" in the instructions to the Form 990, the organization and The Ohio State University are not related. Schedule D, Part V, Line 4 To permanently enhance The Ohio Sate University and its programs Annual bicycling fundraising event to support cancer research 27982509 0 27982509 0 0 0 1313529 1004315 0 0 0 27982509 0 27982509 0 0 0 1313529 1004315 0 2317844 25664665 X X X 0 0 0 0 0 0 0 1 0 Douglas Ulman President-CEO and Ex-Officio Director - Pelotonia 0 411798 0 150000 0 0 0 11000 0 19812 0 592610 0 0 Nicholas Denby Chief Financial Officer - Pelotonia 0 157259 0 25000 0 0 0 7378 0 22178 0 211815 0 0 Miguel Perez Chief Operating Officer - Pelotonia 0 165614 0 0 0 0 0 6620 0 6188 0 178422 0 0 Schedule J, Part I, Line 7 The bonuses for the CEO is determined and approved by the Pelotonia Board based upon its evaluation of Pelotonia's performance. All other Pelotonia staff member bonuses are determined and approved by the Pelotonia CEO. X 165 0 n/a X 0 n/a X 0 n/a X 7 0 n/a X 789 12144222 average high/low X 1 1960000 appraised value X 49 0 n/a X 74 0 n/a X 1 0 n/a X Equipment & Supplies 327 0 n/a X Livestock & Agricultural 22 0 n/a X Flowers & Plants 38 0 n/a X Miscellaneous 134 0 n/a 16 0 1 1 Schedule M, Part I, Line 32b The Foundation engages third parties to sell non-cash contributions. It uses the services of a brokerage firm to sell securities and real estate agents to sell gifts of property. Schedule M, Part I, Line 33 Per current accounting practice the Foundation does not report revenue of these in-kind gifts. Form 990, Part IV, Line 18 For Pelotonia LLC, the disregarded entity reported in Schedule R, the majority of gross fundraising income is comprised of (1) the operating funds pledged by the corporate funding partners, (2) the registration fees paid by the riders, (3) interest earned on cash balances and (4) the donations raised by Pelotonia's riders, virtual riders, PULLL app users and volunteers. With regard to the first category, the corporate funding partners underwrite Pelotonia's annual operating expenses, including all staff, office, event and technology costs as well as all of the costs of processing the donations raised by the riders, virtual riders and volunteers. Often these corporate funding partners make a multi-year pledge to underwrite operating expenses each year for a designated number of years; however, the total amount of the multi-year pledge is booked on an accrual basis and held as a receivable. With regard to the second category, riders pay non-tax deductible registration fees that are also used to defray Pelotonia's operating costs. With regard to the third category, Pelotonia cash balances are invested in FDIC insured money market accounts until the cash is needed. With regard to the fourth category, riders and virtual riders each agree to a minimum fundraising commitment that is satisfied through donations received by or made by the riders and virtual riders. The PULLL and Ride donations are deposited and maintained in an account that is entirely separate from Pelotonia's operating account and 100% of these donations are directed to The Ohio State University Foundation to fund cancer research at The Ohio State University Comprehensive Cancer Center and James Cancer Hospital. Because Pelotonia's fundraising period for each of its events starts in December of one year and ends in November of the next year, the donations reported on the 990 in any particular fiscal year actually represent donations raised for two different Pelotonia events - i.e. donations for the event that was ongoing between July and November of a particular year and the donations for the event that was ongoing between December and June of the next year. Form 990, Part IV, Line 34 As noted in Part 1, Line 1, the organization is operated for the benefit of The Ohio State University; however, based on the definition of "related" in the instructions to the Form 990, the organization and The Ohio State University are not related. The organization is not a supporting organization under IRC 509(a)(3). It maintains its public charity status under IRC 509(a)(1). Also, the University does not appoint a majority of the organization's directors. All of the information in Schedule R or in other parts of the Form 990 for related organizations is available from The Ohio State University upon request. Form 990, Part V, Line 1a The contractors listed in Part VII, Section B were paid by Pelotonia, the disregarded entity listed in Schedule R. Form 990, Part V, Line 2a The organization has no employees. For Pelotonia LLC, the disregarded entity reported in Schedule R, the employees are contracted for through Sequent so no W-2's are reported. Form 990, Part VI, Section A, Line 2 Robert Schottenstein and Susan Schottenstein Diamond are cousins Form 990, Part VI, Section A, Line 4 The Code of Regulations was amended and restated on April 12, 2019 to increase the number of Directors. Form 990, Part VI, Section B, Line 11b Before the Form 990 is filed, it is reviewed by the Audit Committee of the Board. Prior to being filed the Form 990 is made available to all board members for comments. Form 990, Part VI, Section B, Line 12c Board members and key employees are required to disclose conflicts of interest on an annual conflict of interest questionnaire. Foundation staff review the questionnaires and, if a potential conflict of interest exits, all material facts are presented either to the full board or a committee who review the facts and determine whether a conflict of interest exists. Form 990, Part VI, Section B, Line 15 The organization's top management official is an employee of The Ohio State University and his salary is determined according to Ohio State University policies and procedures. The Board of Pelotonia, the disregarded entity reported in Schedule R, gathered comparability data and reviewed that prior to determining the total compensation of the key employees. The key employees are not Board members of the organization or Pelotonia. Compensation discussions were held in executive session of the Pelotonia Board and documented. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, and financial statements are available upon request. Clifton Holdings LLC c/o Jack Lucks Jr 150 E Broad Street Columbus OH 43215 311145986 Owner of real property located in Bexley, Ohio OH 0 2957588 N/A Pelotonia LLC Formerly known as NetJames Holdings LLC 351 W Nationwide Blvd Columbus OH 43215 311145986 Operation and administration of annual bicycling fundraising events to support cancer research OH 30476601 55311334 N/A