2017-04-26T09:48:21-07:00 2016-06-30 990 2015-07-01 311145986 OHIO STATE UNIVERSITY FOUNDATION OHIO 6142922141 1480 W Lane Ave Columbus OH 43221 Michael Papadakis Assistant Treasurer 6142928520 2017-04-26 2015 2021-01-29 14:40:06Z Michael C Eicher 1480 W Lane Ave Columbus OH 43221 249229714 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. 46 46 0 2770 0 -11770 222223332 232151865 0 0 18489558 15232329 1633215 1845520 242346105 249229714 0 0 0 0 1380936 2161496 0 0 4889132 216860305 217912051 218241241 220073547 24104864 29156167 922267918 930633718 43987777 50870996 878280141 879762722 The Foundation raises funds, manages endowments, and manages planned gifts for the benefit of The Ohio State University. 0 0 197295124 0 0 Distributions to The Ohio State University 1631972 0 0 Distributions to Gift Annuitants 991810 0 0 Distribution of matured Gift Annuities to The Ohio State University 0 0 0 199918906 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 252 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 46 46 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 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 Tanny B Crane Board of Directors and Officer 0.5 0 X X 0 0 0 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 Janis Block Board of Directors 0.25 0 X 0 0 0 Michael H Carpenter Board of Directors 0.25 0 X 0 0 0 ChihMing Chen Board of Directors 0.25 0 X 0 0 0 G Gilbert Cloyd Board of Directors 0.25 0 X 0 0 0 Phylllis A Cummins Board of Directors 0.25 0 X 0 0 0 Walter E Dennis Jr Board of Directors 0.25 0 X 0 0 0 James F Dietz Board of Directors 0.25 0 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 Barbara K Fergus Board of Directors 0.25 0 X 0 0 0 Elizabeth B Germain Board of Directors and Officer 0.50 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 Keith B Key Board of Directors 0.25 0 X 0 0 0 Nancy J Kramer Board of Directors 0.25 0 X 0 0 0 William G Lowrie 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 Martin C Murrer Board of Directors 0.25 0 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 Floradelle A Pfahl Board of Directors 0.25 0 X 0 0 0 Carter G Phillips Board of Directors 0.25 0 X 0 0 0 Ralph R Rockow Board of Directors 0.25 0 X 0 0 0 Stanley D Ross 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 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 Iris S Wolstein Board of Directors 0.25 0 X 0 0 0 Robert L Wright Board of Directors 0.25 0 X 0 0 0 Michael V Drake Ex Officio Director 0.5 0 X 0 0 0 Michael C Eicher Ex Officio Director and Officer 50 0 X X 0 0 0 S Ann Hamilton Ex Officio Director 0.25 0 X 0 0 0 John C Lane Ex Officio Director 0.25 0 X 0 0 0 David C Manderscheid Ex Officio Director 0.25 0 X 0 0 0 Bruce A McPherson Ex Officio Director 0.25 0 X 0 0 0 James E Smith Ex Officio Director 0.25 0 X 0 0 0 Suzanne R Galyardt Officer 0.25 0 X 0 0 0 Michael Papadakis Officer 0.25 0 X 0 0 0 Douglas Ulman President and CEO - Pelotonia 0 50 X 644710 0 23955 Kelley Griesmer COO - Pelotonia 0 50 X 222354 0 19004 Michael Nestor VP - Pelotonia 0 40 X 118118 0 7396 Kristopher Anderson Director - Pelotonia 0 40 X 102740 0 9270 Susie Pattison Director - Pelotonia 0 40 X 115729 0 10322 Thomas Lennox Former CEO - Pelotonia 0 0 X 151590 0 0 1355241 0 69947 6 1 1 0 AVI Foodsystems Inc 6465 Busch Blvd Columbus OH 43229 Food service 417333 Thomas D Lennox 16 New Albany Farms Road New Albany OH 43054 Management Services 151590 Fort Ventures LLC 17 Brickel St Ste D Columbus OH 43215 Creative design studio 118280 Live Technologies 3445 Millennium Court Columbus OH 43219 Concert Audio and Visual 105000 4 0 0 26773182 0 0 205378683 21996381 232151865 0 15232329 15232329 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26773182 Pelotonia registration fees 900099 879888 879888 0 0 Pelotonia other income 900099 553550 553550 0 0 Reimbursement agreement 900099 320000 320000 0 0 92082 92082 0 0 1845520 249229714 17077849 0 0 2126754 96574 2030180 34742 34742 0 116677 116677 14055 5217 8838 121610 76210 45400 15352903 15352903 86517 86517 718099 718099 263908 629 263279 93378 12540 80838 138213 44081 94132 15485 15485 247210 247210 Distributions to The Ohio State University and gift annuity remainder distributions 198286934 198286934 0 0 Distributions to gift annuitants 1631972 1631972 0 0 Provision for uncollectible pledges -637533 0 -637533 0 Event expenses 1426993 0 0 1426993 35630 32936 2694 220073547 199918906 15265509 4889132 3277377 2494541 0 0 102029477 100755039 8368834 9878503 9911691 2509690 6457710 7402001 224007092 258974381 578054498 550989996 72930 139257 922267918 930633718 129099 204655 15176602 16263529 28682076 34402812 43987777 50870996 X 15176429 14480143 148446965 121123712 714656747 744158867 878280141 879762722 922267918 930633718 X 29156167 -27679249 0 0 0 5663 X 1 X 1 X 1 0 X 199861519 218861008 192266129 222223332 232151865 1065363853 0 0 0 0 0 0 0 0 0 0 0 0 199861519 218861008 192266129 222223332 232151865 1065363853 917322 1064446531 11266573 12390843 16342005 18553548 15292159 73845128 1139208981 0.93437 0.92025 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4 0 24159 0 41309 0 1136340 1 1 757158186 63029783 -11494479 0 30008699 15352903 763331888 710961474 58771147 31391011 0 28705174 15260272 757158186 589702215 51730551 110406299 0 26851227 14026364 710961474 500824488 58066801 69080552 0 25942143 12327483 589702215 484426575 43892883 8152215 0 23080758 12566427 500824488 0 0.9834 0.0166 0 0 0 0 0 0 5219174 1943417 3275757 0 0 0 0 0 0 0 0 3883621 808896 566273 4126244 7402001 Investment Partnerships 549676716 F Life Insurance Polices 1313280 F 550989996 0 Obligation and Reserve for Gift Annuity 17816239 Charitable Remainder Trust Liabilities 15038909 Due to The Ohio State University 1547664 34402812 221556128 -27679249 0 0 5663 -27673586 249229714 0 0 0 249229714 220073547 0 0 0 0 0 220073547 0 0 0 220073547 Schedule D, Part V, Line 4 To permanently enhance The Ohio State University and its programs Schedule D, Part XI, Line 2d Includes gift annuity reserve adjustment of $(2,036,959) and charitable remainder trust income of $2,042,622. Pelotonia which is a bicycle tour to benefit cancer research 26773182 0 26773182 0 0 173501 474405 0 779087 0 0 26773182 0 26773182 0 0 173501 474405 0 779087 1426993 25346189 X X X 0 0 0 0 0 0 0 1 1 1 Douglas Ulman President and CEO - Pelotonia 0 404710 0 240000 0 0 0 8000 0 15955 0 668665 0 0 Kelley Griesmer COO - Pelotonia 0 172354 0 50000 0 0 0 4008 0 14996 0 241358 0 0 Thomas Lennox Former CEO - Pelotonia 0 0 0 0 0 151590 0 0 0 0 0 151590 0 0 Schedule J, Part I, Line 7 Bonuses are determined by the Pelotonia Board based upon its evaluation of Pelotonia's performance. Schedule J, Part I, Line 8 Douglas Ulman was hired as Pelotonia's President and CEO pursuant to a new contract. The rebuttable presumption procedure was followed. X 38 0 n/a X 0 n/a X 0 n/a X 813 20746381 average high/low X 1 1250000 appraised value X 52 0 n/a X 113 0 n/a X 2 0 n/a X Equipment & Supplies 156 0 n/a X Flowers & Plants 14 0 n/a X Cards/Certificates 51 0 n/a X Miscellaneous 66 0 n/a 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 and (3) the donations raised by Pelotonia's riders, virtual riders and volunteers. With regard to the first category, the corporate funding partners underwrite Pelotonia's annual operating expenses, including all staff, office and event 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, 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. These donations are deposited and maintained in an account that is entirely separate from Pelotonia's operating account and 100% of these donations are transferred to The Ohio State University Foundation to be directed to 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 organization paid no contractors. The contractors used in Section B on Part VI 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 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 member for comments. Form 990, Part VI, Section B, Line 12c Board members are required to complete a conflict of interest questionnaire annually. Staff members follow up on any conflicts disclosed on the questionnaires. Any conflicts not resolved by staff are presented to the Audit Committee for resolution. Form 990, Part VI, Section B, Line 15 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. Form 990, Part XI, Line 9 Includes gift annuity reserve adjustment of $(2,036,959) and charitable remainder trusts income of $2,042,622. 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 3523128 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 28340400 17470506 N/A