2013-05-08T10:12:28-07:00 2012-06-30 990 2011-07-01 311145986 OHIO STATE UNIVERSITY FOUNDATION OHIO 6142922141 2020 Blankenship Hall 901 Woody Hayes Drive Columbus OH 432104016 Michael Papadakis 6142921132 2013-05-08 2011 2016-02-25 16:41:14Z X Michael C Eicher 1480 W Lane Ave Columbus OH 43221 212072023 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. 55 55 0 1850 0 0 106069881 199861519 0 0 22841677 11266573 901464 943931 129813022 212072023 0 0 0 0 1045699 1335853 0 0 3016898 91276304 173630508 92322003 174966361 37491019 37105662 599246519 634153441 40830882 39237016 558415637 594916425 The Foundation raises funds, manages endowments, and manages planned gifts exclusively for the benefit of The Ohio State University. 0 0 160414556 0 0 Distributions to The Ohio State University 1577520 0 0 Distributions to Gift Annuitants 694603 0 Distribution of matured Gift Annuities to The Ohio State University 0 0 0 162686679 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 0 1 X 0 0 1 0 1 1 0 0 0 0 1 1 1 1 0 0 0 X 55 55 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 0.50 X X 0 0 0 Patricia Aveni 0.25 X 0 0 0 John W Berry 0.25 X 0 0 0 Janis Bloch 0.25 X 0 0 0 Michael H Carpenter 0.25 X 0 0 0 ChihMing Chen 0.25 X 0 0 0 Edwin M Cooperman 0.25 X 0 0 0 Loann Crane 0.25 X 0 0 0 Tanny Crane 0.25 X 0 0 0 John W Creighton 0.25 X 0 0 0 Samuel B Davis 0.25 X 0 0 0 Walter E Dennis Jr 0.25 X 0 0 0 Susan Schottenstein Diamond 0.25 X 0 0 0 Ruann F Ernst 0.5 X X 0 0 0 Jane FawcettHoover 0.25 X 0 0 0 Barbara Fergus 0.25 X 0 0 0 Ray J Groves 0.25 X 0 0 0 Edward E Hagenlocker 0.25 X 0 0 0 Jole R Harmon 0.25 X 0 0 0 Robert Hummel 0.25 X 0 0 0 Edgar William Ingram 0.25 X 0 0 0 William M Isaac 0.25 X 0 0 0 Keith B Key 0.25 X 0 0 0 Charles Klatskin 0.25 X 0 0 0 James D Klingbeil 0.50 X 0 0 0 David Kollat 0.25 X 0 0 0 Zell Kravinsky 0.25 X 0 0 0 H Frederick Krimendahl 0.25 X 0 0 0 William G Lowrie 0.25 X 0 0 0 John E Lucks 0.50 X 0 0 0 Robert E Martini 0.25 X 0 0 0 Keith D Monda 0.25 X 0 0 0 Martin C Murrer 0.50 X X 0 0 0 Lou Ann Moritz Ransom 0.25 X 0 0 0 Ed Overmyer 0.25 X 0 0 0 W Ray Persons 0.50 X 0 0 0 Floradelle A Pfahl 0.25 X 0 0 0 David A Rismiller 0.25 X 0 0 0 Patricia A Robinson 0.25 X 0 0 0 Ralph Rockow 0.25 X 0 0 0 Betty Schoenbaum 0.25 X 0 0 0 Jean R Schottenstein 0.50 X 0 0 0 Barbara Trueman 0.25 X 0 0 0 Daniel J Wampler 0.25 X 0 0 0 Robert J Weiler 0.25 X 0 0 0 William D Wells 0.25 X 0 0 0 Iris Wolstein 0.25 X 0 0 0 Robert L Wright 0.25 X 0 0 0 Cheryl Krueger 0.25 X 0 0 0 Gordon Gee 0.5 X 0 0 0 Joseph Alutto 0.25 X 0 0 0 Archie Griffin 0.25 X 0 0 0 Jonathan Hook 0.25 X 0 0 0 Thomas Katzenmeyer 0.25 X 0 0 0 Christine Poon 0.25 X 0 0 0 John B Gerlach Jr 0.5 X X 0 0 0 Jeff M S Kaplan 50 X 0 0 0 Michael Papadakis 0.25 X 0 0 0 Christopher M Culley 0.25 X 0 0 0 Joseph R Irvine 0.25 X 0 0 0 Tom Lennox 50 X 482743 0 34915 Kelley Griesmer 50 X 147861 0 26752 630604 0 61667 2 0 1 0 Catering by Design 6465 Busch Blvd Columbus OH 43229 Food service 350456 Starrting Events 84 Maugus Ave Wellesley MA 02181 Event Consulting 108000 Promotional Concepts 9170 Moors Place North Dublin OH 43017 Promotional items 156551 Cadence Sports 3019 Alvin Devane Blvd Building 1 Suite 160 Austin TX 78741 Event & Logistics Consulting 118083 4 0 0 17165040 0 0 182696479 11795908 199861519 0 11266573 11266573 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17165040 0 Reimbursement agreement 900099 305495 305495 0 0 Gain on present value of life insurance 524298 638436 638436 0 0 0 0 0 0 943931 212072023 12210504 0 0 1292037 131692 1160345 43816 43816 70898 70898 91280 56400 34880 12566427 12566427 7094 2500 4594 272918 272918 235541 2153 233388 91217 9774 81443 66491 66491 9024 1148 7876 515 515 0 227518 227518 10438 10438 Distribution to The Ohio State University 160414556 160414556 0 0 Distributions to gift annuitants and remainderman 2272123 2272123 0 0 Provision for uncollectible pledges -3791182 0 -3791182 0 Event expenses 1082895 0 0 1082895 2755 1585 1170 174966361 162686679 9262784 3016898 2867540 2555521 96831 6849 46711936 64626336 4835204 6578401 7580633 1565160 5161096 6015473 189928772 182079803 349587436 372259657 57704 31401 599246519 634153441 96183 148418 1337537 1622223 0 39397162 37466375 40830882 39237016 X 4250198 3979557 61427734 81871001 492737705 509065867 558415637 594916425 599246519 634153441 X 37105662 -604874 X 0 1 1 X 0 X 88726875 62344671 82672912 106069881 199861519 539675858 0 0 0 0 0 0 0 0 0 0 0 0 88726875 62344671 82672912 106069881 199861519 539675858 539675858 21327236 21260587 21393594 22844543 11266573 98092533 637768391 0.84619 0.79230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4 0 0 0 54339 0 1067378 1 1 484426575 43892883 8152215 0 23080758 12566427 500824488 410819592 34431202 72782643 0 21818530 11788332 484426575 348393132 31588546 61437839 0 21199840 9400085 410819592 442852874 29933170 -96209604 0 20262243 7921065 348393132 0 0.9805 0.0195 0 0 0 0 0 0 4972259 1292027 3680232 0 0 0 0 0 0 0 0 1934673 673701 273133 2335241 6015473 Investment Partnerships 367011226 F Life Insurance Policies 5248431 F 372259657 0 Obligation and Reserve for Gift Annuity 16144244 Charitable Remainder Trust Liabilities 21020270 Due to The Ohio State University 301861 37466375 212072023 174966361 37105662 -3737712 0 0 0 3132838 -604874 36500788 211467149 -3737712 0 0 3132838 -604874 212072023 0 0 0 212072023 174966361 0 0 0 0 0 174966361 0 0 0 174966361 SchD_P05_S00_L04 Schedule D, Part V, Line 4 To permanently enhance The Ohio State University and its programs SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Includes gift annuity reserve adjustment of $1,966,217 and charitable remainder trusts income of $1,166,621 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Includes gift annuity reserve adjustment of $1,966,217 and charitable remainder trusts income of $1,166,621 Pelotonia which is a bicycle tour to benefit cancer research 17165040 0 17165040 0 0 122436 397460 0 563000 0 0 17165040 0 17165040 0 0 122436 397460 0 563000 1082896 16082144 X X 0 0 0 0 0 0 0 1 0 Tom Lennox 0 257743 0 225000 0 0 0 17108 0 17808 0 517659 0 0 Kelley Griesmer 0 117861 0 30000 0 0 0 5046 0 21706 0 174613 0 SchJ_P01_S00_L07 Schedule J, Part I, Line 7 Bonuses are awarded based on performance as determined by the Pelotonia Board. X 59 0 n/a X 0 n/a X 0 n/a X 407 8787287 average high/low X 2 3008621 opinion of expert X 84 0 n/a X 86 0 n/a X 1 0 n/a X 1 0 n/a X Equipment & Supplies 68 0 n/a X Flowers & Plants 48 0 n/a X Gift Cards/Certificates 138 0 n/a X Miscellaneous 108 0 n/a 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b The Foundation engages 3rd parties to sell non-cash contributions. We use the services of a brokerage firm to sell securities and real estate agents to sell gifts of property. SchM_P01_S00_L33 Schedule M, Part I, Line 33 Per current accounting practice the Foundation does not report revenue of these in-kind gifts. F990_P01_S00_L18 Form 990, Part I, Line 18 This amount includes the amount distributed to The Ohio State University of $160,414,556, which increased significantly from the prior year's distribution of $83,281,077. F990_P04_S00_L18 Form 990, Part IV, Line 18 The majority of Pelotonia's 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, virtual riders and volunteers each agree to a minimum fundraising commitment that is satisfied through donations received by or made by the riders, virtual riders and volunteers. 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. F990_P04_S00_L34 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. F990_P05_S00_L01a Form 990, Part V, Line 1a The organization paid no contractors. The contractors used in Section B of Part VII were paid by Pelotonia, the disregarded entity listed in Schedule R. F990_P05_S00_L02a Form 990, Part V, Line 2a The organization has no employees. For Pelotonia LLC, the disregarded entity reported in Schedule R the employees are leased from Sequent so no W-2's are reported. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Jean Schottenstein is married to Susan Diamond's brother, and Loann Crane is Tanny Crane's mother. F990_P06_S0A_L04 Form 990, Part VI, Section A, Line 4 The organization's Code of Regulations was amended at the April meeting of the Board of Directors to realign the Board's committees with its objectives and to establish the Officer positions of Assistant Treasurer and Assistant Secretaries. F990_P06_S0B_L11b 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 e-mailed to all Board members for comments. F990_P06_S0B_L12c 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. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Pelotonia, the single member LLC reported in Sch R, gathered comparability data and reviewed that data prior to determining the total compensation of the key employee. The key employee is not a Board member of the organization or Pelotonia. Compensation discussions were held in executive session of the Pelotonia Board and documented. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, and financial statements are available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Includes net unrealized loss of $3,737,712 on investments, gift annuity reserve adjustment of $1,966,217 and charitable remainder trusts income of $1,166,621 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 4096750 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 17410755 13467665 N/A