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      <Form990PartVIISectionA>
        <NamePerson>RASHESH H SHAH</NamePerson>
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      </Form990PartVIISectionA>
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        <NamePerson>DAVID L WHIKEHART</NamePerson>
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        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
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        <NamePerson>JOHN R ZAJAC</NamePerson>
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        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
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      <TotalReportableCompFromOrg>0</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
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      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
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      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <FundraisingEvents>61040</FundraisingEvents>
      <GovernmentGrants>40000</GovernmentGrants>
      <AllOtherContributions>298688</AllOtherContributions>
      <TotalContributions>399728</TotalContributions>
      <InvestmentIncome>
        <TotalRevenueColumn>37113</TotalRevenueColumn>
        <ExclusionAmount>37113</ExclusionAmount>
      </InvestmentIncome>
      <GrossAmountSalesAssets>
        <Securities>2067</Securities>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Securities>2080</Securities>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Securities>-13</Securities>
      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>-13</TotalRevenueColumn>
        <ExclusionAmount>-13</ExclusionAmount>
      </NetGainOrLossInvestments>
      <GrossIncomeFundraisingEvents>19825</GrossIncomeFundraisingEvents>
      <CntrbtnsRprtdFundraisingEvents>61040</CntrbtnsRprtdFundraisingEvents>
      <FundraisingDirectExpenses>25325</FundraisingDirectExpenses>
      <NetIncomeFromFundraisingEvents>
        <TotalRevenueColumn>-5500</TotalRevenueColumn>
        <ExclusionAmount>-5500</ExclusionAmount>
      </NetIncomeFromFundraisingEvents>
      <TotalRevenue>
        <TotalRevenueColumn>431328</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>31600</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticOrgs>
        <Total>188543</Total>
        <ProgramServices>188543</ProgramServices>
      </GrantsToDomesticOrgs>
      <GrantsToDomesticIndividuals>
        <Total>128890</Total>
        <ProgramServices>128890</ProgramServices>
      </GrantsToDomesticIndividuals>
      <CompCurrentOfficersDirectors>
        <Total>9466</Total>
        <ManagementAndGeneral>9466</ManagementAndGeneral>
      </CompCurrentOfficersDirectors>
      <FeesForServicesLegal>
        <Total>4123</Total>
        <ManagementAndGeneral>4123</ManagementAndGeneral>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>7003</Total>
        <ManagementAndGeneral>7003</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesInvstMgmntFees>
        <Total>9859</Total>
        <ManagementAndGeneral>9859</ManagementAndGeneral>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>2500</Total>
        <ManagementAndGeneral>2500</ManagementAndGeneral>
      </FeesForServicesOther>
      <Advertising>
        <Total>8758</Total>
        <ManagementAndGeneral>4833</ManagementAndGeneral>
        <Fundraising>3925</Fundraising>
      </Advertising>
      <OfficeExpenses>
        <Total>662</Total>
        <ManagementAndGeneral>662</ManagementAndGeneral>
      </OfficeExpenses>
      <Travel>
        <Total>1247</Total>
        <ManagementAndGeneral>1247</ManagementAndGeneral>
      </Travel>
      <ConferencesMeetings>
        <Total>1045</Total>
        <ManagementAndGeneral>1045</ManagementAndGeneral>
      </ConferencesMeetings>
      <OtherExpenses>
        <Description>cultivation</Description>
        <Total>9076</Total>
        <Fundraising>9076</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>food</Description>
        <Total>4807</Total>
        <ManagementAndGeneral>4807</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>miscellaneous</Description>
        <Total>3283</Total>
        <ManagementAndGeneral>85</ManagementAndGeneral>
        <Fundraising>3198</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>memberships</Description>
        <Total>2000</Total>
        <ManagementAndGeneral>2000</ManagementAndGeneral>
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      <TotalFunctionalExpenses>
        <Total>381262</Total>
        <ProgramServices>317433</ProgramServices>
        <ManagementAndGeneral>47630</ManagementAndGeneral>
        <Fundraising>16199</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>698242</BOY>
        <EOY>636346</EOY>
      </CashNonInterestBearing>
      <PledgesAndGrantsReceivable>
        <BOY>100473</BOY>
        <EOY>38092</EOY>
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      <AccountsReceivable>
        <EOY>15000</EOY>
      </AccountsReceivable>
      <InvestmentsPubTradedSecurities>
        <BOY>1379769</BOY>
        <EOY>1683331</EOY>
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      <TotalAssets>
        <BOY>2178484</BOY>
        <EOY>2372769</EOY>
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      <AccountsPayableAccruedExpenses>
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        <EOY>69235</EOY>
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      <DeferredRevenue>
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      </DeferredRevenue>
      <OtherLiabilities>
        <BOY>66385</BOY>
        <EOY>56865</EOY>
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      <TotalLiabilities>
        <BOY>147855</BOY>
        <EOY>126100</EOY>
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      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>105915</BOY>
        <EOY>144125</EOY>
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      <TemporarilyRestrictedNetAssets>
        <BOY>815316</BOY>
        <EOY>903009</EOY>
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      <PermanentlyRestrictedNetAssets>
        <BOY>1109398</BOY>
        <EOY>1199535</EOY>
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      <TotalNetAssetsFundBalances>
        <BOY>2030629</BOY>
        <EOY>2246669</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>2178484</BOY>
        <EOY>2372769</EOY>
      </TotalLiabNetAssetsFundBalances>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <AuditCommittee>0</AuditCommittee>
      <FinancialStatementBoth>X</FinancialStatementBoth>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
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    <IRS990ScheduleA documentId="RetDoc1039100001">
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      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>509553</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>259344</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>483639</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>476877</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>399728</CurrentTaxYear>
        <Total>2129141</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>509553</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>259344</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>483639</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>476877</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>399728</CurrentTaxYear>
        <Total>2129141</Total>
      </Total170>
      <AmountsSubstContributorsTotal>272964</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>1856177</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>75526</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>65989</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>79296</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>43708</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>37113</CurrentTaxYear>
        <Total>301632</Total>
      </GrossInvestmentIncome170>
      <OtherIncome170>
        <CurrentTaxYear>19825</CurrentTaxYear>
        <Total>19825</Total>
      </OtherIncome170>
      <TotalSupport>2450598</TotalSupport>
      <PublicSupportPertcentage170>0.75740</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.71510</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
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    <IRS990ScheduleB documentId="RetDoc1234500001">
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        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
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        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
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    <IRS990ScheduleD documentId="RetDoc1040000001">
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        <Contributions>132267</Contributions>
        <InvestmentEarningsOrLosses>137092</InvestmentEarningsOrLosses>
        <OtherExpenditures>40521</OtherExpenditures>
        <EndOfYearBalance>1585541</EndOfYearBalance>
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      <CurrentYearMinus1Year>
        <BeginningOfYearBalance>1469274</BeginningOfYearBalance>
        <Contributions>110545</Contributions>
        <InvestmentEarningsOrLosses>-181475</InvestmentEarningsOrLosses>
        <OtherExpenditures>41641</OtherExpenditures>
        <EndOfYearBalance>1356703</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <BoardDesignatedEOYBalance>0.24350</BoardDesignatedEOYBalance>
      <PermanentEndowmentEOYBalance>0.75650</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>0</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>0</EndowmentsHeldByRelatedOrgs>
      <TotalOfBookValueLandBuildings>0</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>funds in custody</Description>
        <Amount>56865</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>56865</TotalOfAmounts>
      <TotalRevenue>431328</TotalRevenue>
      <TotalExpenses>381262</TotalExpenses>
      <ExcessOrDeficitForYear>50066</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>165974</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>165974</TotalAdjustments>
      <ExcessOrDeficitPerFS>216040</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>587443</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>165974</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>165974</RevenueNotRptdF990>
      <RevenueSubtotal>421469</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>9859</InvestmentExpensesNotIncluded>
      <RevenueNotRptdOnFinStmt>9859</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>431328</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>371403</TotExpensesEtcAuditedFinclStmt>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>371403</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>9859</InvestmentExpensesNotIncluded2>
      <ExpensesNotRptdOnFinStmt>9859</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>381262</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041300001">
      <EventsInformation>
        <NameOfEvent1>FOUNDATION GALA</NameOfEvent1>
        <GrossReceiptsEvent1>80865</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>61040</CharitableContributionsEvent1>
        <GrossRevenueEvent1>19825</GrossRevenueEvent1>
        <FoodAndBeverageEvent1>14328</FoodAndBeverageEvent1>
        <EntertainmentEvent1>8142</EntertainmentEvent1>
        <OtherDirectExpensesEvent1>2855</OtherDirectExpensesEvent1>
        <GrossReceiptsTotal>80865</GrossReceiptsTotal>
        <CharitableContributionsTotal>61040</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>19825</GrossRevenueTotalEvents>
        <FoodAndBeverageTotalEvents>14328</FoodAndBeverageTotalEvents>
        <EntertainmentTotalEvents>8142</EntertainmentTotalEvents>
        <OtherDirectExpensesTotalEvents>2855</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>25325</DirectExpenseSummaryEvents>
        <NetIncomeSummary>-5500</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <RecordsMaintained>1</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>OWENS COMMUNITY COLLEGE</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>po box 10000</AddressLine1>
          <City>toledo</City>
          <State>OH</State>
          <ZIPCode>436991947</ZIPCode>
        </AddressUS>
        <EINOfRecipient>341059164</EINOfRecipient>
        <IRCSection>SECTION 115</IRCSection>
        <AmountOfCashGrant>100000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SCHOLARSHIPS AND SCHOOL OF TECHNOLOGY</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>1</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>0</TotalNbrOfOtherOrganizations>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SCHOLARSHIPS</TypeOfGrant>
        <NumberOfRecipients>218</NumberOfRecipients>
        <AmountOfCashGrant>128890</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>Procedure for Monitoring Grants in the U.S.:</Identifier>
        <ReturnReference>Part I, Line 2:</ReturnReference>
        <Explanation>Schedule I, Part I, Line 2: The Owens Community College Financial Aid department presents a list of qualified and recommended individuals to a Scholarship Committee consisting of Foundation board members. From that list the committee selects the award recipients based on the criteria that is set forth for the various scholarship funds. These criteria include such things as financial need, grade point average and area of study.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 11</Identifier>
        <Explanation>THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 12c</Identifier>
        <Explanation>THE BOARD MEMBERS COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE DISCLOSING POTENTIAL CONFLICTS. THE QUESTIONNAIRES ARE REVIEWED BY THE GOVERNANCE COMMITTEE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section C, line 19</Identifier>
        <Explanation>DOCUMENTS ARE AVAILABLE UPON REQUEST.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>