2012-05-09T10:26:28-07:00 2011-06-30 990 2010-07-01 311145986 OHIO STATE UNIVERSITY FOUNDATION OHIO 6142926261 364 W Lane Ave Suite B Columbus OH 432014350 Jeff M S Kaplan 6142921132 2012-05-09 2010 2016-02-24 21:20:13Z X Jeff M S Kaplan 1480 W Lane Ave Columbus OH 43221 130244922 0 X 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 1650 0 0 82672912 106069881 0 0 20985645 22841677 -320885 901464 103337672 129813022 0 0 0 0 1040492 1045699 0 0 2721172 60782445 91276304 61822937 92322003 41514735 37491019 515963756 599246519 39730712 40830882 476233044 558415637 The Foundation raises funds, manages endowments, and manages planned gifts exclusively for the benefit of The Ohio State University. 0 0 83281077 0 Distributions to The Ohio State University 1667627 0 Distribution to Gift Annuitants 3097719 0 Distribution of matured Gift Annuities to The Ohio State University 0 0 0 88046423 1 0 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 0 0 0 1 0 0 0 0 0 1 X 0 0 1 0 0 0 0 0 0 1 1 1 2 0 0 1 1 0 X 55 55 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X Julie L Saunders 6142927458 364 W Lane Ave B Columbus OH 43201 William E Arthur 0.25 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 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 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 Alexis A Jacobs 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 Cheryl Krueger 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 0.5 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 Corbett Price 0.25 X 0 0 0 Robert F Reusche 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 0.5 X 0 0 0 Barbara Trueman 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 Gordon Gee 0.5 X 0 0 0 Joseph Alutto 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 X 0 0 0 Christopher M Culley 0.25 X 0 0 0 Michael Papadakis 0.25 X 0 0 0 Floyd Akins 0.25 X 0 0 0 Tom Lennox 50 X X 0 405743 0 Kelley Griesmer 50 X 0 131880 0 0 537623 0 2 0 1 0 Catering by Design 6465 Busch Blvd Columbus OH 43229 Food service 171061 Starrting Events 84 Maugus Ave Wellesley MA 02181 Event Consulting 131252 Base Art Co 17 Brickel Street Columbus OH 43201 Graphic design studio 131800 3 0 0 14096744 0 0 91973137 5058625 106069881 0 22844543 22844543 0 0 0 0 0 0 0 0 0 0 0 0 0 429034 0 431900 0 -2866 -2866 -2866 0 0 14096744 Reimbursement agreement 900099 305495 305495 0 0 Gain on present value of life insurance 524298 595969 595969 0 0 0 0 0 0 901464 129813022 23743141 0 0 1000103 143275 856828 0 45596 45596 141338 141338 88410 58810 29600 17497 12835 4662 246821 246821 185320 1503 183817 90314 11755 78559 -9922 -69751 59829 751 751 24898 24898 227517 227517 10437 10437 Distribution to The Ohio State University 83281077 83281077 0 0 Distributions to gift annuitants 1667627 1667627 0 0 Gift annuity remainder distributions 3097719 3097719 0 0 Provision for uncollectible pledges 1087308 0 1087308 0 Event expenses 1109980 0 0 1109980 9212 225 8987 92322003 88046423 1554408 2721172 1457906 2867540 96593 96831 42484444 46711936 3543115 4835204 6498739 1337643 5540801 5161096 188364045 189928772 274437658 349587436 39194 57704 515963756 599246519 40251 96183 699789 1337537 905691 0 38084981 39397162 39730712 40830882 X 3486451 4250198 53957435 61427734 418789158 492737705 476233044 558415637 515963756 599246519 X 37491019 44691574 X 0 1 1 X 0 X 62232817 88726875 62344671 82672912 106069881 402047156 0 0 0 0 0 0 0 0 0 0 0 0 62232817 88726875 62344671 82672912 106069881 402047156 402047156 18573008 21327236 21260587 21393594 22844543 105398968 0 0 507446124 0.79230 0.77279 X 0 4 0 0 0 54628 0 1131416 1 1 410819592 34431202 72782643 0 21818530 11788332 484426575 348393132 31588546 61437839 0 21199840 9400085 410819592 442852874 29933170 -96209604 0 20262243 7921065 348393132 0 0.9789 0.0211 0 0 0 0 0 0 4972259 1131880 3840379 0 0 0 0 0 0 0 0 852779 673701 205763 1320717 5161096 Investment Partnerships 344977441 F Life Insurance Policies 4609995 F 349587436 Bond Interst Receivable 14656 Payroll Deposits 43048 57704 0 Obligation and Reserve for Gift Annuity 16861180 Charitable Remainder Trust Liabilities 22176823 Due to The Ohio State University 359159 39397162 129813022 92322003 37491019 43225480 0 0 0 1466094 44691574 82182593 174504596 43225480 0 0 1466094 44691574 129813022 0 0 0 129813022 92322003 0 0 0 0 0 92322003 0 0 0 92322003 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 $2,158,301 and charitable remainder trusts income of $(692,207) SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Includes gift annuity reserve adjustment of $2,158,301 and charitable remainder trusts income of $(692,207) Pelotonia which is a bicycle tour to benefit cancer research 14096744 0 14096744 0 0 80941 291059 0 737980 0 0 14096744 0 14096744 0 0 80941 291059 0 737980 1109980 12986764 X X 0 0 0 0 0 0 0 0 0 Tom Lennox 0 248809 0 156934 0 0 0 0 0 12643 0 418386 0 0 X 269 3630058 average high/low X 2 996667 opinion of expert X 2 219900 appraised value X 1 212000 appraised value 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 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 organzation 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-2s 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_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 at a regularly scheduled Board meeting. 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 interst 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 taxpaper 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 gains of $43,225,480 on investments, gift annuity reserve adjustment of $2,158,301 and charitable remainder trusts income of $(692,207) 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 919165 4334705 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 14142256 13810888 N/A