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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
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        <Depreciation>454216</Depreciation>
        <BookValue>761913</BookValue>
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        <Depreciation>3100527</Depreciation>
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        <BookValue>561749</BookValue>
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      <TotalOfBookValueLandBuildings>6968760</TotalOfBookValueLandBuildings>
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        <Description>FUNDS HELD ON BEHALF OF OSU</Description>
        <Amount>6920892</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>OBLIGATIONS UNDER SPLIT INT AGMT</Description>
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      <TotalOfAmounts>16637801</TotalOfAmounts>
      <FootnoteInPartXIII>X</FootnoteInPartXIII>
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        <Explanation>THE FOUNDATION IS A CUSTODIAN FOR ASSETS HELD IN CONJUNCTION WITH AN AGENCY AGREEMENT BETWEEN THE FOUNDATION AND COWBOY ATHLETICS, INC. (COWBOY ATHLETICS) TO HOLD AND SAFE KEEP ASSETS IN A CUSTODIAL ACCOUNT TO SERVE AS COLLATERAL FOR A LOAN AGREEMENT BETWEEN COWBOY ATHLETICS AND A 3RD PARTY LENDER. COWBOY ATHLETICS MAY MAKE WRITTEN REQUEST TO THE FOUNDATION, WITH NOTICE TO THE LENDER, TO TRANSFER ASSETS TO COWBOY ATHLETICS.</Explanation>
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        <NamePerson>RYAN TIDWELL</NamePerson>
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        <NamePerson>JOHN DAVID MAYS</NamePerson>
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        <Identifier>SUPPLEMENTAL INFORMATION 1:</Identifier>
        <ReturnReference>PART 1, LINE 1A: COMPANION TRAVEL &amp; SOCIAL CLUB DUES:</ReturnReference>
        <Explanation>TRAVEL FOR COMPANIONS IS AUTHORIZED FOR OFFICERS AND DEVELOPMENT PERSONNEL FOR FUNDRAISING AND DONOR CULTIVATION PURPOSES. ALL RELATED TRAVEL OF COMPANIONS IS INCLUDED IN TAXABLE COMPENSATION. SOCIAL CLUB DUES AND EXPENSES ARE ALLOWED FOR QUALIFIED ENTERTAINMENT FOR DONOR CULTIVATION PURPOSES. ANY PERSONAL USE IS INCLUDED IN TAXABLE COMPENSATION.</Explanation>
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        <Identifier>SUPPLEMENTAL INFORMATION 2</Identifier>
        <ReturnReference>SCHEDULE J, PART 1, LINE 4</ReturnReference>
        <Explanation>DURING THE FISCAL YEAR 2013, PAT MOLINE RECEIVED SEVERANCE IN THE AMOUNT OF $39,000. THE TERMS OF THE SEVERANCE AGREEMENT INCLUDE MONTHLY PAYMENTS FOR ONE YEAR, BEGINNING SEPT 2011 AND ENDING AUGUST 2012. PAYMENTS OF $156,000 MADE IN CALENDAR YEAR 2012, WERE REPORTED IN THE EMPLOYEES 2012 FORM W-2. IN JUNE 2013, THE FOUNDATION PURCHASED PAT MOLINE'S HOME UNDER THE SEPARATION AGREEMENT FOR THE APPRAISED FAIR MARKET VALUE OF $214,700.</Explanation>
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      <ClothingAndHouseholdGoods />
      <CarsAndOtherVehicles>
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        <NoncashContribsRptdF990>72712</NoncashContribsRptdF990>
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        <NonCashCheckbox>X</NonCashCheckbox>
        <MethodOfDeterminingRevenues>FAIR MARKET VALUE</MethodOfDeterminingRevenues>
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      <IntellectualProperty />
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      <SecuritiesPrtnrshpTrustIntrsts />
      <SecuritiesMiscellaneous />
      <QualifiedContribHistStruct />
      <QualifiedContribOther />
      <RealEstateResidential />
      <RealEstateCommercial />
      <RealEstateOther>
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        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>489000</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>APPRAISAL</MethodOfDeterminingRevenues>
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      <Collectibles />
      <FoodInventory />
      <DrugsAndMedicalSupplies />
      <Taxidermy />
      <HistoricalArtifacts />
      <ScientificSpecimens />
      <ArchaeologicalArtifacts />
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        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>EQUIPMENT</Description>
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        <MethodOfDeterminingRevenues>COST</MethodOfDeterminingRevenues>
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        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>HORSES</Description>
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        <NoncashContribsRptdF990>659000</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>APPRAISAL</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>EVENT TICKETS</Description>
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        <MethodOfDeterminingRevenues>COST</MethodOfDeterminingRevenues>
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        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>SOFTWARE</Description>
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        <NoncashContribsRptdF990>120000</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>COST</MethodOfDeterminingRevenues>
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      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>true</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>true</ThirdPartiesUsed>
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        <Identifier>SCHEDULE M, PART I, LINE 32B: USE OF THIRD PARTIES</Identifier>
        <Explanation>AS PART OF BUILDING CAPITAL CAMPAIGN, OUTSIDE CONSULTANTS AND FUNDRAISERS CAN ACCEPT NON-CASH GIFTS IN KIND.</Explanation>
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    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <GeneralExplanation>
        <Identifier>GENERAL STATEMENT 1</Identifier>
        <ReturnReference>PART III, LINE 4D:</ReturnReference>
        <Explanation>OTHER PROGRAM SERVICES INCLUDE EXPENDITURES TO SUPPORT OKLAHOMA STATE UNIVERSITY'S LIBRARY AND ITS PROGRAMS, SUPPORT FOR ENDOWED FACULTY POSITIONS AND FOR RESEARCH CONDUCTED BY THE UNIVERSITY. THESE EXPENDITURES ALSO FUND A SIGNIFICANT AMOUNT OF UNIVERSITY AWARDS AND SCHOLARSHIPS AS NOTED IN SCHEDULE I. DESCRIPTION EXPENSE GRANTS REVENUES OTHER 17,295,130 11,9630,987 0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GENERAL STATEMENT 2</Identifier>
        <ReturnReference>PART VI, LINE 7A:</ReturnReference>
        <Explanation>THE OSU FOUNDATION HAS MEMBERS THAT ARE REFERRED TO IN THE ORGANIZATION'S BYLAWS AS GOVERNORS. ANY INDIVIDUAL PAST OR CURRENT DONOR TO THE OSU FOUNDATION MAY BE ELECTED AS A GOVERNOR OF THE OSU FOUNDATION. SUGGESTIONS FOR NOMINATIONS OF A GOVERNOR CANDIDATE SHALL BE SUBMITTED BY THE GOVERNANCE COMMITTEE TO THE FULL BOARD OF TRUSTEES; A MAJORITY VOTE OF THE TRUSTEES SHALL BE REQUIRED FOR A NOMINEE TO BE ELECTED AS GOVERNOR. A MEETING OF THE GOVERNORS SHALL BE HELD ANNUALLY ON A DATE TO BE FIXED BY THE BOARD OF TRUSTEES. AT EACH MEETING, TRUSTEES SHALL BE ELECTED BY THE GOVERNORS, REPORTS OF AFFAIRS OF THE CORPORATION SHALL BE CONSIDERED, AND ANY OTHER BUSINESS MAY BE TRANSACTED WHICH IS WITHIN THE POWERS OF THE GOVERNORS TO TRANSACT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GENERAL STATEMENT 3</Identifier>
        <ReturnReference>PART VI, LINE 11B:</ReturnReference>
        <Explanation>THE OSU FOUNDATION PROVIDES AN ELECTRONIC COPY OF THE FORM 990 TO EACH MEMBER OF ITS AUDIT COMMITTEE VIA EMAIL PRIOR TO A REGULARLY SCHEDULED AUDIT COMMITTEE MEETING. A PRINCIPAL PURPOSE OF THE MEETING IS A REVIEW AND DISCUSSION OF THE FORM 990 AND ATTACHMENTS BEFORE THE FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY. A FINAL COPY OF FORM 990 IS PROVIDED TO THE GOVERNING BODY PRIOR TO FILING FORM 990. ADDITIONALLY, THE FOUNDATION'S FORM 990 IS REVIEWED BY AN OUTSIDE ACCOUNTING FIRM PRIOR TO FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GENERAL STATEMENT 4</Identifier>
        <ReturnReference>PART VI, LINE 12C:</ReturnReference>
        <Explanation>ANNUALLY, ALL MEMBERS OF THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE THAT IS USED TO IDENTIFY RELATIONSHIPS AND CIRCUMSTANCES THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. THE AUDIT COMMITTE HAS THE RESPONSIBILITY FOR OVERSIGHT OF THE PROCESS SET OUT IN THE CONFLICT OF INTEREST POLICY, INCLUDING (I) ANNUALLY MONITORING RESPONSES TO THE CONFLICT OF INTEREST QUESTIONNAIRE (II) COMMUNICATING POTENTIAL CONFLICTS OF INTEREST TO THE MANAGEMENT OF THE GOVERNING BODY AS APPROPRIATE AND (III) COMMUNICATING TO THE ORGANIZATION'S GOVERNANCE COMMITTEE ANY SUGGESTED CHANGES TO THE CONFLICT OF INTEREST POLICY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GENERAL STATEMENT 5</Identifier>
        <ReturnReference>PART VI, LINE 15A &amp; 15B:</ReturnReference>
        <Explanation>THE COMPENSATION COMMITTEE (COMMITTEE) IS RESPONSIBLE FOR ENGAGING AN OUTSIDE COMPENSATION AND BENEFITS CONSULTANT TO DETERMINE THE COMPENSATION OF THE ORGANIZATION'S CEO, OTHER OFFICERS, AND EMPLOYEES. THE COMMITTEE SHALL ENSURE THE CONSULTANT IS INDEPENDENT AND THERE IS NO CONFLICT OF INTEREST. THE COMMITTEE RECEIVES AND RELIES PRIMARILY ON MARKET DATA PROVIDED BY ITS CONSULTANTS IN ASSESSING COMPENSATION FOR SENIOR OFFICERS. THE COMMITTEE MEETS ANNUALLY TO CONSIDER ALL ELEMENTS OF COMPENSATION, INCLUDING CONTRACTUAL BENEFITS THAT ARE NOT PART OF THE COMPENSATION PROCESS, DEFERRED COMPENSATION PLANS AND OTHER BENEFITS TO ENSURE THAT COMPENSATION IS REASONABLE AND DOES NOT CONSTITUTE "EXCESS BENEFITS". THE COMMITTEE ALSO REVIEWS AND APPROVES OTHER TYPES OF BENEFITS PROVIDED TO SENIOR OFFICERS IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE INTERMEDIATE SANCTION RULES. THE COMMITTEE REVIEWS THE GOALS AND OBJECTIVES THAT MAY BE RELEVENT TO THE COMPENSATION OF THE CEO. THE COMMITTEE ALSO REVIEWS AND APPROVES THE RECOMMENDATION OF THE CEO WITH REGARD TO THE COMPENSATION OF THE VICE PRESIDENTS OF THE FOUNDATION. THE ACTIONS OF THE COMMITTEE ARE RECORDED IN WRITTEN MINUTES THAT ARE CIRCULATED TO ALL COMMITTEE MEMBERS. FINAL DECISIONS BY THE COMMITTEE ARE REPORTED TO THE BOARD OF TRUSTEES ANNUALLY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GENERAL STATEMENT 6</Identifier>
        <ReturnReference>PART VI, LINE 19:</ReturnReference>
        <Explanation>ALL GOVERNING DOCUMENTS INCLUDING THE ORGANIZATION'S BY-LAWS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON ITS WEBSITE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GENERAL STATEMENT 7</Identifier>
        <ReturnReference>PART VII: SECTION B. INDEPENDENT CONTRACTORS</ReturnReference>
        <Explanation>RUFFALO CODY LLC CONSULTING, MANAGEMENT, AND FUNDRAISING $392,613 65 KIRKWOOD N. RD SW CEDAR RAPIDS, IA 52406 DEBRA ENGLE CONSULTING $295,373 5620 W GARDEN POINT DR. STILLWATER, OK 74074 WAYNE RUTHERFORD GENERAL CONTRACTOR INC CONSTRUCTION $212,662 219 CRUZ ALTA RD. TAOS, NM 87571 BLACKBAUD INC. SOFTWARE &amp; CONSULTING $203,489 2000 DANIEL ISLAND DR. CHARLESTON, SC 29492 MANAGEMENT DEVELOPMENT SEARCH CONSULTING $141,700 102 DUCK CREEK LANE GEORGETOWN, TX 78633 TOTAL: 1,245,837</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GENERAL STATEMENT 8</Identifier>
        <ReturnReference>PART XI, LINE 9: OTHER CHANGES IN NET ASSETS OR FUND BALANCES</ReturnReference>
        <Explanation>WRITE-OFF OF PLEDGES $(10,697,275)</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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          <AddressLine1>H103 SU</AddressLine1>
          <City>STILLWATER</City>
          <State>OK</State>
          <ZIPCode>74078</ZIPCode>
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          <State>OK</State>
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      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
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      <ExchangeOfAssets>false</ExchangeOfAssets>
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      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
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      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
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      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
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      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
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        <MethodOfAmtDetermination>FMV</MethodOfAmtDetermination>
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</Return>