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        <NamePerson>ARLENE GREENFIELD</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>1</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>N VICTOR GOODMAN</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>1</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LARRY A GATES</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>1</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ALEX J GARCIA JR</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>1</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RAYMON B FOGG SR</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>1</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ROBERT E FALLON</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>1</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CHARLOTTE C EUFINGER</NamePerson>
        <Title>TRUSTEE</Title>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MCCLELLAND A DUBOIS</NamePerson>
        <Title>TRUSTEE</Title>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LARRY F CONRATH</NamePerson>
        <Title>TRUSTEE</Title>
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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JEFFERY D CHADDOCK</NamePerson>
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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>GEORGE A CARROLL JR</NamePerson>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LAURA A BREGE</NamePerson>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>R EMMET BOYLE</NamePerson>
        <Title>TRUSTEE</Title>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CHARLES W BECK JR</NamePerson>
        <Title>TRUSTEE</Title>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KELLI BELL</NamePerson>
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        <OtherCompensation>28711</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JUAN CUETO</NamePerson>
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        <OtherCompensation>34673</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LARRY S LAFFERTY</NamePerson>
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        <OtherCompensation>33117</OtherCompensation>
      </Form990PartVIISectionA>
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      <TotalReportableCompFrmRltdOrgs>779799</TotalReportableCompFrmRltdOrgs>
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      <NumberIndividualsGT100K>4</NumberIndividualsGT100K>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>true</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NamePerson>RUFFALOCODY LLC</NamePerson>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
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            <City>CEDAR RAPIDS</City>
            <State>IA</State>
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          </AddressUS>
        </AddressOfContractor>
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      <ContractorCompensation>
        <NameOfContractor>
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        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
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            <City>HARRISON</City>
            <State>NY</State>
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          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>INVESTMENT MANAGEMENT</DescriptionOfServices>
        <Compensation>493017</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
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        <AddressOfContractor>
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            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10153</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>INVESTMENT MANAGEMENT</DescriptionOfServices>
        <Compensation>482991</Compensation>
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      <ContractorCompensation>
        <NameOfContractor>
          <NamePerson>HIRTLE CALLAGHAN CO</NamePerson>
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        <AddressOfContractor>
          <AddressUS>
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            <City>WEST CONSHOHOCKEN</City>
            <State>PA</State>
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          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>INVESTMENT MANAGEMENT</DescriptionOfServices>
        <Compensation>475359</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NamePerson>PACIFIC INVESTMENT MNGMT CO LLC</NamePerson>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>840 NEWPORT CENTER DRIVE</AddressLine1>
            <City>NEWPORT BEACH</City>
            <State>CA</State>
            <ZIPCode>92660</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>INVESTMENT MANAGEMENT</DescriptionOfServices>
        <Compensation>190407</Compensation>
      </ContractorCompensation>
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      <MembershipDues>0</MembershipDues>
      <FundraisingEvents>36158</FundraisingEvents>
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      <TotalContributions>19380546</TotalContributions>
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        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
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      <ProgramServiceRevenue>
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      <ProgramServiceRevenue>
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        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
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      <RentalIncomeOrLoss>
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      <GrossAmountSalesAssets>
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      <NetGainOrLossInvestments>
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        <TotalRevenueColumn>0</TotalRevenueColumn>
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      <OtherRevenueMisc>
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      <OtherRevenueMisc>
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      </GrantsToDomesticIndividuals>
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      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
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      </FeesForServicesLobbying>
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        <Fundraising>710688</Fundraising>
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        <Fundraising>144681</Fundraising>
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        <Fundraising>164735</Fundraising>
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        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ProgramServices>10768</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <Fundraising>327857</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TravelEntrtnmntPublicOfficials>
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        <ProgramServices>135894</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>231293</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <PaymentsToAffiliates>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>988</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>MISCELLANEOUS EXPENSES</Description>
        <Total>229561</Total>
        <ProgramServices>97755</ProgramServices>
        <ManagementAndGeneral>45000</ManagementAndGeneral>
        <Fundraising>86806</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <OtherExpenses>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <OtherExpenses>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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        <ProgramServices>13149485</ProgramServices>
        <ManagementAndGeneral>4016421</ManagementAndGeneral>
        <Fundraising>6487496</Fundraising>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
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      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
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      <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
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        <CurrentTaxYearMinus1Year>23444708</CurrentTaxYearMinus1Year>
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        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
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        <CurrentTaxYearMinus3Years>2452446</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>94205312</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>23444708</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>14594287</CurrentTaxYear>
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        <CurrentTaxYearMinus1Year>7922700</CurrentTaxYearMinus1Year>
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        <CurrentTaxYear>0</CurrentTaxYear>
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        <CurrentTaxYearMinus3Years>144289</CurrentTaxYearMinus3Years>
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        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>30856</CurrentTaxYear>
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      <PublicSupportPertcentage170>0.747</PublicSupportPertcentage170>
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      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
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        <AggregateContributions>RESTRICTED</AggregateContributions>
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      <GrantsPaidFromDonorFunds>26669</GrantsPaidFromDonorFunds>
      <AggregateDAFValue>950086</AggregateDAFValue>
      <DisclosedOrgsLegalControl>true</DisclosedOrgsLegalControl>
      <DisclosedForCharitablePurposes>true</DisclosedForCharitablePurposes>
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        <Contributions>3397970</Contributions>
        <InvestmentEarningsOrLosses>41753339</InvestmentEarningsOrLosses>
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        <AdministrativeExpenses>761317</AdministrativeExpenses>
        <EndOfYearBalance>251810824</EndOfYearBalance>
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        <Contributions>8959430</Contributions>
        <InvestmentEarningsOrLosses>-54294862</InvestmentEarningsOrLosses>
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        <AdministrativeExpenses>1421451</AdministrativeExpenses>
        <EndOfYearBalance>212066309</EndOfYearBalance>
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      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
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        <OtherCostOrOtherBasis>6048930</OtherCostOrOtherBasis>
        <Depreciation>1064075</Depreciation>
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        <Depreciation>0</Depreciation>
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      <CloselyHeldEquityInterests>
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        <MethodOfValuation>F</MethodOfValuation>
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        <BookValue>30040504</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
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      <OtherSecurities>
        <Description>PRIVATE REAL ESTATE FUND</Description>
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      <OtherSecurities>
        <Description>HEDGE FUND</Description>
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        <MethodOfValuation>F</MethodOfValuation>
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      <OtherSecurities>
        <Description>COMMODITIES FUND</Description>
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        <MethodOfValuation>F</MethodOfValuation>
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      <OtherAssets>
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        <BookValue>16715185</BookValue>
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      <OtherAssets>
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      <OtherLiabilities>
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      <OtherLiabilities>
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      <NetUnrealizedGLOnInvestments>29060376</NetUnrealizedGLOnInvestments>
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      <EmailSolicitations>X</EmailSolicitations>
      <PhoneSolicitations>X</PhoneSolicitations>
      <InPersonSolicitations>X</InPersonSolicitations>
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        <ReturnReference>Schedule I, Part I, Line 2</ReturnReference>
        <Explanation>THE FOUNDATION WAS ESTABLISHED TO SOLICIT AND RECEIVE GIFTS AND CONTRIBUTIONS FOR THE BENEFIT OF OHIO UNIVERSITY AND TO ENSURE THAT FUNDS AND PROPERTY RECEIVED ARE APPLIED TO THE USES SPECIFIED BY THE DONORS. AS SUCH, AMOUNTS REPORTED IN SCHEDULE I, PART I, REFLECT FINANCIAL SUPPORT THAT THE FOUNDATION PROVIDES TO THE UNIVERSITY FOR SCHOLARSHIPS, ACADEMIC PROGRAMS, RESEARCH, FACILITIES, FACULTY AND OTHER INITIATIVES OF THE UNIVERSITY.</Explanation>
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        <NamePerson>WILLIAM DECATUR</NamePerson>
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        <Identifier>Travel for companions</Identifier>
        <ReturnReference>Schedule J, Part I, Line 1a</ReturnReference>
        <Explanation>.THE FOUNDATION PROVIDES FOR REQUIRED TRAVEL FOR DONOR DEVELOPMENT AND ALUMNI FUNDRAISING ACTIVITY FOR CERTAIN INTERESTED PERSONS AND THEIR COMPANIONS. WHEN THE TRAVEL FOR COMPANIONS IS CONSIDERED PERSONAL IN NATURE, THE VALUE OF THE TRAVEL IS INCLUDED IN COMPENSATION TO THE INTERESTED PERSON</Explanation>
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        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>85000</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>OPINIONS OF EXPERTS</MethodOfDeterminingRevenues>
      </RealEstateResidential>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>true</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
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      <GeneralExplanation>
        <Identifier>Review of form 990 by governing body</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 11A</ReturnReference>
        <Explanation>THE FORM 990 AND SUPPLEMENTAL SCHEDULES WERE PRESENTED TO THE AUDIT COMMITTEE AND BOARD MEMBERS IN ATTENDANCE ON MONDAY, MAY 2, 2011. A COPY OF THE FORM 990 AND SUPPLEMENTAL SCHEDULES WAS PROVIDED TO EACH MEMBER OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Conflict of interest policy</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 12c</ReturnReference>
        <Explanation>THE CONFLICT OF INTEREST POLICY FOR THE FOUNDATION COVERS ALL MEMBERS OF THE BOARD OF TRUSTEES. THE POLICY REQUIRES THAT ALL POTENTIAL CONFLICTS BE PRESENTED TO THE CHAIRPERSON OF THE FOUNDATION FOR PURPOSES OF REVIEW AND POSSIBLE REMEDIAL OR MANAGEMENT ACTION, INCLUDING THE REMOVAL OF A TRUSTEE AND FURTHER REQUIRES SUCH CONFLICTS BE UPDATED ANNUALLY. REMEDIAL OR MANAGEMENT ACTION COULD INCLUDE, BUT NOT BE LIMITED TO FULL DISCLOSURE; REFUSAL AND ABSTENTION IN DISCUSSIONS AND VOTES; AND ENDING OF THE CONFLICT OF INTEREST CIRCUMSTANCES. IN CASES WHERE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST CANNOT BE RESOLVED BY REMEDIAL OR MANAGEMENT ACTION, THE TRUSTEE WILL BE REMOVED FROM HIS/HER POSITION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Process used to establish compensation of top management official</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 15a</ReturnReference>
        <Explanation>THE FOUNDATION'S PROCESS FOR ESTABLISHING THE COMPENSATION FOR THE TOP OFFICIAL, HOWARD LIPMAN, INCLUDED CONTRACTING WITH AN EXECUTIVE SEARCH FIRM THAT PROVIDED A COMPENSATION ANALYSIS BASED ON REVIEW OF SIMILAR SIZED ORGANIZATIONS AND POSITION. LIPMAN'S EMPLOYMENT CONTRACT WAS REVIEWED AND APPROVED BY A COMMITTEE OF UNIVERSITY STAFF AND AN INDEPENDENT TRUSTEE OF THE FOUNDATION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Public Disclosure</Identifier>
        <ReturnReference>Form 990, Part VI, Section C, Line 19</ReturnReference>
        <Explanation>FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT ROUTINELY MADE AVAILABLE TO THE PUBLIC AT THIS TIME. HOWEVER, THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA A WEBSITE MAINTAINED BY OHIO UNIVERSITY. ALSO, AS THE FOIUNDATION IS AFFILIATED WITH OHIO UNIVERSITY, WHICH IS SUBJECT TO OHIO'S PUBLIC RECORDS LAW, THE FOUNDATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE MADE AVAILABLE IN RESPONSE TO APPROPRIATE PUBLIC RECORDS REQUESTS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Fundraiser Custody or Control</Identifier>
        <ReturnReference>Schedule G, Part I, Line 2b</ReturnReference>
        <Explanation>PROFESSIONAL FUNDRAISING AGREEMENT SCHEDULE G, PART I, 2B THE TELEMARKETING SERVICES AGREEMENT BETWEEN RUFFALOCODY, LLC AND OHIO UNIVERSITY PROVIDES FOR A TWELVE-MONTH-A-YEAR, ON-CAMPUS TELEPHONE FUNDRAISING PROGRAM. THE PROGRAM IS DESIGNED TO COMPLETE A CERTAIN AMOUNT OF CALLS AT AN AGREED UPON RATE PER COMPLETED CALL. THE AGREEMENT PROVIDES THAT RUFFALOCODY IS RESPONSIBLE FOR OFFICE SUPPLIES, RECRUITING EXPENSES, STAFF RELOCATION, AND TRAVEL EXPENSES. VENDOR: RUFFALOCODY FUNDRAISING COSTS AND RETURNS FROM VENDOR SERVICE IN SCHEDULE G ARE ACCURATE FOR ACTIVITY RECORDED IN FISCAL YEAR 2010, BUT THE FOLLOWING NOTES OFFER GREATER DETAIL. REVENUE STREAMS AND COST FACTORS: THE PHONATHON SECURED 16,814 PLEDGES TOTALING $902,140 DURING FISCAL YEAR 2010 (THE FORM 990 REPORTING PERIOD). THE FOUNDATION SECURED $716,987 IN FULFILLED PLEDGES WITHIN THE 12-MONTH PERIOD. THIS REPRESENTS PAYMENTS ON PHONATHON PLEDGES MADE DURING FISCAL YEAR 2010, AS WELL AS PAYMENTS ON SOME PHONATHON PLEDGES MADE DURING THE PREVIOUS FISCAL YEAR. MORE THAN $40,000 IN MATCHING GIFTS FROM CORPORATE DONOR COMPANIES' MATCHING PROGRAMS WERE RECEIVED THROUGH THE PHONATHON PROGRAM DURING FISCAL YEAR 2010. CONSIDERING THE FULFILLED PLEDGES AND MATCHING GIFTS RECEIVED, THE TRUE RETURN ON INVESTMENT FOR THE PHONATHON FOR FISCAL YEAR 2010 FOLLOWS: GROSS RECEIPTS OF $756,987, LESS AMOUNT PAID TO RUFFALOCODY OF $601,684, PROVIDES A RETURN ON INVESTMENT OF $155,303. OTHER CONSIDERATIONS: PHONATON CALLERS COMPLETED 112,005 CALLS DURING FISCAL YEAR 2010 AND MADE 66,193 SOLICITATIONS. THERE IS A DISTINCT INTANGIBLE VALUE IN CONNECTING WITH MORE THAN 100,000 ALUMNI EACH YEAR. IN A STUDY CONDUCTED BY AN INDEPENDENT GROUP, THE FOUNDATION ESTABLISHED THE FOLLOWING DATA AND TREND LINES FOR OHIO UNIVERSITY DONORS WHO EVENTUALLY GAVE $10,000: I) BEFORE MAKING THEIR $10,000 GIFT, THEY FIRST PARTICIPATED IN 9 TO 13 ANNUAL FUND YEARS; II) THEY MADE A GIFT IN 7 OUT OF 10 FISCAL YEARS JUST PRIOR TO MAKING THEIR $10,000 GIFT; III) 61% OF ALL DONORS WHO MADE A $10,000 GIFT MADE A FIRST GIFT OF $50 OR LESS; IV) 38% OF ALL DONORS WHO MADE A $10,000 GIFT MADE A FIRST GIFT OF $24 OR LESS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION ARRANGEMENT</Identifier>
        <ReturnReference>FORM 990, PART I, LINE 5 AND PART V, LINE 2</ReturnReference>
        <Explanation>THE OHIO UNIVERSITY FOUNDATION EMPLOYEES ARE PAID BY OHIO UNIVERSITY EIN 31-6402113, A RELATED ORGANIZATION. THE FOUNDATION REIMBURSES THE COLLEGE FOR SALARY AND BENEFITS. THE UNIVERSITY FILES ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS ON BEHALF OF THE FOUNDATION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990, PART III, LINE 1</ReturnReference>
        <Explanation>(CONTINUED FROM PART III) OHIO UNIVERSITY HOLDS AS ITS CENTRAL PURPOSE THE INTELLECTUAL AND PERSONAL DEVELOPMENT OF ITS STUDENTS AND IS WELL-KNOWN FOR ITS OUTSTANDING FACULTY OF ACCOMPLISHED TEACHERS WHOSE RESEARCH AND CREATIVE ACTIVITY ADVANCE KNOWLEDGE ACROSS MANY DISCIPLINES. DURING FISCAL YEAR 2010 THE OHIO UNIVERSITY FOUNDATION RECEIVED MORE THAN 30,000 GIFTS TOTALING IN EXCESS OF $19 MILLION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>AVERAGE HOURS PER WEEK</Identifier>
        <ReturnReference>FORM 990, PART VII</ReturnReference>
        <Explanation>DR. RODERICK MCDAVIS, PRESIDENT OF OHIO UNIVERSITY, SPENDS APPROXIMATELY 15% OF HIS TIME ON FOUNDATION INITIATIVES. WILLIAM DECATUR, VICE PRESIDENT FOR FINANCE AND ADMINISTRATION SPENDS APPROXIMATELY 15% OF HIS TIME SERVING AS THE FOUNDATION'S TREASURER AND CFO. HOWARD LIPMAN, PRESIDENT AND CEO OF OHIO UNIVERSITY FOUNDATION, AS WELL AS THE INDIVIDUALS LISTED AS THE FOUNDATION'S HIGHEST COMPENSATED EMPLOYEES, SPEND ALL OF THEIR TIME ON FOUNDATION INITIATIVES.</Explanation>
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