2015-05-13T15:13:02-07:00 2014-06-30 990 2013-07-01 311145986 OHIO STATE UNIVERSITY FOUNDATION OHIO 6142922141 2020 Blankenship Hall 901 Woody Hayes Drive Columbus OH 432104016 Michael Papadakis Assistant Treasurer 6142921132 2015-05-13 2013 2016-02-25 16:41:14Z Michael C Eicher 1480 W Lane Ave Columbus OH 43221 210021987 0 X www.osu.edu/giving X 1985 OH The Foundation raises funds, manages endowments, and manages planned gifts exclusively for the benefit of The Ohio State University. 49 49 0 2600 0 -9766 218861008 192266129 0 0 12310793 16278015 -2741416 1477843 228430385 210021987 0 0 0 0 1431579 1507591 0 0 3657902 169459491 189074654 170891070 190582245 57539315 19439742 751734191 876277712 40169409 42099822 711564782 834177890 The Foundation raises funds, manages endowments, and manages planned gifts exclusively for the benefit of The Ohio State University. 0 0 171201022 0 0 Distributions to The Ohio State University 1588785 0 0 Distributions to Gift Annuitants 581256 0 0 Distribution of matured Gift Annuities to The Ohio State University 0 0 0 173371063 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 205 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 49 49 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X Julie L Saunders 6142927458 2020 Blankenship Hall 901 Woody Hayes Drive Columbus OH 432104016 William E Arthur Board of Directors and Officer 0.5 X X 0 0 0 Patricia Aveni Board of Directors 0.25 X 0 0 0 John W Berry Board of Directors 0.25 X 0 0 0 Janis Bloch Board of Directors 0.25 X 0 0 0 Michael H Carpenter Board of Directors 0.25 X 0 0 0 ChihMing Chen Board of Directors 0.25 X 0 0 0 Edwin M Cooperman Board of Directors 0.25 X 0 0 0 Loann Crane Board of Directors 0.25 X 0 0 0 Tanny Crane Board of Directors and Officer 0.5 X X 0 0 0 Walter E Dennis Jr Board of Directors 0.25 X 0 0 0 Susan Schottenstein Diamond Board of Directors 0.25 X 0 0 0 Ruann F Ernst Board of Directors 0.25 X 0 0 0 Jane Fawcett Hoover Board of Directors 0.25 X 0 0 0 Barbara Fergus Board of Directors 0.25 X 0 0 0 John B Gerlach Jr Board of Directors 0.5 X 0 0 0 John C Gray Board of Directors 0.25 X 0 0 0 Ray J Groves Board of Directors 0.25 X 0 0 0 Edward E Hagenlocker Board of Directors 0.25 X 0 0 0 Jole R Harmon Board of Directors 0.25 X 0 0 0 Robert Hummel Board of Directors 0.25 X 0 0 0 Edgar William Ingram Board of Directors 0.25 X 0 0 0 William M Isaac Board of Directors 0.25 X 0 0 0 Keith B Key Board of Directors 0.25 X 0 0 0 Charles Klatskin Board of Directors 0.25 X 0 0 0 James D Klingbeil Board of Directors 0.25 X 0 0 0 William G Lowrie Board of Directors and Officer 0.50 X X 0 0 0 Robert E Martini Board of Directors 0.25 X 0 0 0 Keith D Monda Board of Directors and Officer 0.5 X X 0 0 0 Lou Ann Moritz Ransom Board of Directors 0.25 X 0 0 0 Martin C Murrer Board of Directors 0.25 X 0 0 0 Ed Overmyer Board of Directors 0.25 X 0 0 0 W Ray Persons Board of Directors and Officer 0.5 X X 0 0 0 Floradelle A Pfahl Board of Directors 0.25 X 0 0 0 Carter G Phillips Board of Directors 0.25 X 0 0 0 David A Rismiller Board of Directors 0.25 X 0 0 0 Ralph Rockow Board of Directors 0.25 X 0 0 0 Betty Schoenbaum Board of Directors 0.25 X 0 0 0 Barbara Trueman Board of Directors 0.25 X 0 0 0 Daniel J Wampler Board of Directors 0.25 X 0 0 0 Gifford Weary Board of Directors 0.25 X 0 0 0 Robert J Weiler Board of Directors 0.25 X 0 0 0 William D Wells Board of Directors 0.25 X 0 0 0 Iris Wolstein Board of Directors 0.25 X 0 0 0 Robert L Wright Board of Directors 0.25 X 0 0 0 Michael V Drake Ex Officio Director 0.5 X 0 0 0 Joseph Alutto Ex Officio Director 0.5 X 0 0 0 Melinda D Church Ex Officio Director 0.25 X 0 0 0 Archie Griffin Ex Officio Director 0.25 X 0 0 0 Jonathan Hook Ex Officio Director 0.25 X 0 0 0 David C Manderscheid Ex Officio Director 0.25 X 0 0 0 Joseph E Steinmetz Ex Officio Director 0.50 X 0 0 0 Michael C Eicher Ex Officio Director and Officer 50 X 0 0 0 Michael Papadakis Officer 0.25 X 0 0 0 Christopher M Culley Officer 0.25 X 0 0 0 Joseph R Irvine Officer 0.25 X 0 0 0 Tom Lennox CEO - Pelotonia 50 X 696661 0 31951 Kelley Griesmer COO - Pelotonia 50 X 165256 0 28681 861917 0 60632 2 0 1 0 AVI Foodsystems Inc 6465 Busch Blvd Columbus OH 43229 Food service 349544 Live Technologies 3445 Millennium Court Columbus OH 43219 Concert Audio and Visual 103500 2 0 0 22608922 0 0 169657207 16202081 192266129 0 16278015 16278015 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22608922 Pelotonia registration fees 900099 730600 730600 0 0 Reimbursement agreement 900099 305495 305495 0 0 Gain on cash surrender value of life insurance polices 524292 90508 90508 0 0 351240 351240 0 0 1477843 210021987 17755858 0 0 1448284 175895 1272389 59307 59307 91241 91241 33305 33305 89040 65520 23520 14026364 14026364 79847 79847 258211 258211 272280 9239 263041 111391 11286 100105 86048 11795 74253 1983 851 1132 545 545 227517 227517 Distributions to The Ohio State University 171201022 171201022 0 0 Distributions to gift annuitants and remainderman 2170041 2170041 0 0 Provision for uncollectible pledges -1035414 0 -1035414 Event expenses 1454027 0 0 1454027 7206 0 375 6831 190582245 173371063 13553280 3657902 2541522 3684676 6852 0 97675279 94507614 6905216 7450209 8065997 2020194 5832136 6045803 208271965 205046449 430446196 559474727 55025 68234 751734191 876277712 85514 194261 3026165 6130186 37057730 35775375 40169409 42099822 X 3728519 15152906 120328550 156931244 587507713 662093740 711564782 834177890 751734191 876277712 X 19439742 99669471 0 0 0 3503895 X 1 1 X 1 0 X 82672912 106069881 199861519 218861008 192266129 799731449 0 0 0 0 0 0 0 0 82672912 106069881 199861519 218861008 192266129 799731449 799731449 21393594 22844543 11266573 12390843 16342005 84237558 883969007 0.90471 0.88253 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4 0 136798 0 31181 0 1198026 1 1 589702215 51730551 110406299 0 26851227 14026364 710961474 500824488 58066801 69080552 0 25942143 12327483 589702215 484426575 43892883 8152215 0 23080758 12566427 500824488 410819592 34431202 72782643 0 21818530 11788332 484426575 348393132 31588546 61437839 0 21199840 9400085 410819592 0 0.9826 0.0174 0 0 0 0 0 0 5130564 1612320 3518244 0 0 0 0 0 0 0 0 2261732 673701 407874 2527559 6045803 Investment Partnerships 558289126 F Life Insurance Policies 1185601 F 559474727 0 Obligation and Reserve for Gift Annuity 13627129 Charitable Remainder Trust Liabilities 21990266 Due to The Ohio State University 157980 35775375 313195353 99669471 0 0 3503895 103173366 210021987 0 0 0 210021987 190582245 0 0 0 0 0 190582245 0 0 0 190582245 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 $4,619,191 and charitable remainder trust loss of income of $1,115,296. Pelotonia which is a bicycle tour to benefit cancer research 22608922 0 22608922 0 0 134204 378653 0 941170 0 0 22608922 0 22608922 0 0 134204 378653 0 941170 1454027 21154895 X X 0 0 0 0 0 0 0 1 0 Tom Lennox CEO - Pelotonia 0 296661 0 400000 0 0 0 7977 0 23975 0 728613 0 0 Kelley Griesmer COO - Pelotonia 0 125256 0 40000 0 0 0 3926 0 24755 0 193937 0 0 Schedule J, Part I, Line 7 Bonuses are determined by the Pelotonia Board based upon its evaluation of Pelotonia's performance X 26 0 n/a X 0 n/a X 0 n/a X 757 16202081 average high/low X 44 0 n/a X 81 0 n/a X 3 0 n/a X Equipment & Supplies 107 0 n/a X Flowers & Plants 32 0 n/a X Cards/Certificates 49 0 n/a X Miscellaneous 103 0 n/a 9 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 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 Compreshensive 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 unders IRC 509(a)(3). It maintains its public charity status under IRC 509(a)(1). Also, the Univeristy 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 Loann Crane is Tanny Crane's mother; Tanny Crane and John Gerlach serve on the same business board. Form 990, Part VI, Section A, Line 4 The Code of Regulations was amended and restated on April 25, 2014 to add director term limits and reconfigure board committees. 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 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 data 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 $4,619,191 and charitable remainder trusts loss of income of $1,115,296. 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 300000 3922711 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 23641185 14991808 N/A