The Ohio University Foundation

Athens, OH · Founded 1955

Manages investments and fundraising supporting Ohio University

Primary audience
General Public
Work area
Community Service
Topic
Programs
Contact
Nico Karagosian

About Organization

Based in Athens, OH, The Ohio University Foundation manages endowment funds and conducts fundraising to support Ohio University's educational mission. The foundation reported $78.5 million in revenue for 2024, stewarding over $800 million in assets that provide scholarships, faculty support, facilities, and programs enhancing the university's ability to serve students and communities.

What They Focus On

Program Delivery

Provides core programs and services aligned with organizational mission addressing identified community needs and priorities.

Community Engagement

Builds relationships with constituents, stakeholders, and partners through outreach, communications, and collaborative initiatives.

Organizational Excellence

Maintains quality operations through effective governance, financial management, and continuous improvement of programs and services.

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2023)

$69.7M

+0% vs 2023

Assets (2023)

$792.7M

+0% vs 2023

Year Revenue Expenses Assets Employees
2023
2023 $69,719,598 $56,192,758 $792,735,359 106
2021
2021 $75,179,430 $52,577,327 $641,559,157 105
2020
2020 $65,304,081 $43,159,840 $720,462,181 127
2019 $30,534,110 $37,052,627 $564,704,219 122
2018 $42,315,297 $41,103,616 $566,584,572 116
2017 $47,193,323 $44,666,135 $559,431,920 99

Source: IRS Form 990 filings. All figures in USD.

How They Work

Learn more
  • 01

    Assess Needs

    Identify community needs and priorities through research, stakeholder engagement, and data analysis.

  • 02

    Develop Programs

    Design and implement programs aligned with mission addressing identified needs and opportunities.

  • 03

    Deliver Services

    Execute programs with quality standards ensuring effective service delivery to constituents and stakeholders.

  • 04

    Evaluate Impact

    Measure outcomes and assess effectiveness to improve programs and demonstrate results to stakeholders.

Programs and Initiatives

Services and programs offered by The Ohio University Foundation

Core Programs

Delivers primary programs and services aligned with organizational mission addressing identified community needs.

Community Outreach

Engages with constituents and stakeholders through communications, events, and activities building awareness and participation.

Partnerships

Collaborates with other organizations and stakeholders expanding reach and maximizing impact of programs.

Capacity Building

Develops organizational infrastructure, staff expertise, and resources supporting program quality and effectiveness.

Team & Leadership

Meet the people behind The Ohio University Foundation.

NK

Nico Karagosian

President & CEO (until FEB 24)
Full-time
Compensation: $415,999
DG

David Gaume

Chief Investment Officer
Full-time
Compensation: $359,736
MA

Major Alston

Senior Associate VP Advancement and Campaign Director
Full-time
Compensation: $210,124
TG

Teri Gartland

Assistant Vice President, Major Giving
Full-time
Compensation: $159,383
KK

Kelli Kotowski

Assistant Vice President, Gift Planning
Full-time
Compensation: $155,842
JP

Joseph Pauwels

Associate VP, Advancement Svcs and Deputy Campaign Director
Full-time
Compensation: $143,256
LR

Lyn Redington

President & CEO (begin FEB 24)
6 hrs/week
JB

Jennifer Bowie

Associate VP of Alumni Relations & Annual Giving and Exec Dir of OUAA
Full-time
Compensation: $177,283
DT

Dawn Tabata

Senior Advisor, Principal Prospects & Donor Strategy
Full-time
Compensation: $135,483
CD

Chaden Djalali

Former Provost
ES

Elizabeth Sayrs

Provost
4 hrs/week
MM

Maj Mirmirani

Dean, Russ College of Engineering and Technology (until JUL 2023)
4 hrs/week
MW

Mei Wei

Former Dean, Russ College of Engineering and Technology
PF

Patrick Fox

Dean, Russ College of Engineering and Technology (Beg JUL 2023)
4 hrs/week

Milestones

1950

Organization Founded

1950

Established to serve community needs through mission-aligned programs and services.

2024

Current Operations

2024

Operating with $69.7M in annual revenue serving constituents through programs.

Associated People

Board members, advisors, and key contributors

Board of Directors

CC
Candice Casto Treasurer & CFO 36.0 hrs/week · $198,344
AG
Ann Gabriel Trustee 1.0 hrs/week
AW
Ann Wagner Hill Trustee 2.0 hrs/week
BB
Bill Brand Trustee 6.0 hrs/week
CC
Casey Christopher Trustee 1.0 hrs/week
CC
Charles Ciuni Trustee 5.0 hrs/week
CC
Cynthia Calhoun Trustee 1.0 hrs/week
DS
Daryl Sybert Trustee (until APR 2024) 1.0 hrs/week
DA
David Abram Trustee 5.0 hrs/week
DL
David Levy Trustee 3.0 hrs/week
DW
David Wolfort Trustee 2.0 hrs/week
DM
Dennis Minichello Trustee 1.0 hrs/week
DS
Diane Smullen Trustee 1.0 hrs/week
DH
Donald Harrison Jr Trustee 1.0 hrs/week
EC
Edward Chow Trustee 2.0 hrs/week
GH
Gregory Hill Trustee 2.0 hrs/week
GM
Gregory Moore Trustee 1.0 hrs/week
HS
Hugh Sherman Former Trustee and Former University President
IR
I Robert Rudy Vice Chair 4.0 hrs/week
JR
Jacqueline Reau Trustee 2.0 hrs/week
JL
Jeffrey Loewy Trustee 1.0 hrs/week
JW
Jeffrey Wright Trustee 1.0 hrs/week
JD
John Day Trustee and University's VP Finance & Admin (beg NOV 23) 1.0 hrs/week
LS
Lori Stewart Gonzalez Trustee and University President 3.0 hrs/week
MD
M Duane Nellis Former Trustee and Former University President
MA
Mark Arnold Trustee 6.0 hrs/week
MH
Mark Heil Trustee and University's VP Finance & Admin (until NOV 23) 1.0 hrs/week
MW
Melissa Wervey Arnold Trustee 1.0 hrs/week
PG
Paul Gydosh Trustee 3.0 hrs/week
PS
Paul Stewart Trustee (beg JAN 2024) 1.0 hrs/week
PK
Phyllis Kohler Trustee 3.0 hrs/week
RS
R Scott Durcanin Trustee 1.0 hrs/week
RW
Robert Wolfinger Trustee 7.0 hrs/week
RS
Robin Smith Trustee 2.0 hrs/week
SA
Sandra Anderson Chair 5.0 hrs/week
SM
Stephen Muck Vice Chair 4.0 hrs/week
SW
Susan Weiss Mulgrew Secretary 4.0 hrs/week
TA
Thomas Anderson Trustee 1.0 hrs/week
TB
Timothy Busch Trustee 5.0 hrs/week
WB
William Ball Trustee 2.0 hrs/week
WH
William Hilyard Trustee 2.0 hrs/week
CC
Candice Casto Treasurer & CFO

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2023)

$2.8M

Highest Paid

$497K

Nico Karagosian

Compensated Officers

15

Name Title Base Other Total Hrs/Wk
Nico Karagosian President & CEO (Until Feb 24) $415,999 $81,082 $497,081 38
David Gaume Chief Investment Officer $359,736 $78,230 $437,966 36
Major Alston Senior Associate VP Advancement And Campaign Director $210,124 $73,113 $283,237 38
Candice Casto Treasurer & CFO $198,344 $72,614 $270,958 36
Joseph Pauwels Associate VP, Advancement SVCS And Deputy Campaign Director $143,256 $65,884 $209,140 40
Teri Gartland Assistant Vice President, Major Giving $159,383 $46,908 $206,291 38
Jennifer Bowie Associate VP Of Alumni Relations & Annual Giving And EXEC DIR Of Ouaa $177,283 $24,532 $201,815 40
Kelli Kotowski Assistant Vice President, Gift Planning $155,842 $37,280 $193,122 40
Dawn Tabata Senior Advisor, Principal Prospects & Donor Strategy $135,483 $18,688 $154,171 40
Chaden Djalali Former Provost $0 $69,933 $69,933
Mark Heil Trustee And University'S VP Finance & Admin (Until Nov 23) $0 $68,286 $68,286 1
M Duane Nellis Former Trustee And Former University President $0 $62,976 $62,976
Elizabeth Sayrs Provost $0 $59,697 $59,697 4
Lyn Redington President & CEO (Begin Feb 24) $0 $58,324 $58,324 6
Hugh Sherman Former Trustee And Former University President $0 $58,271 $58,271

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

Partners & Funders

Grant funding relationships from IRS Form 990 filings

$2.0M Grants Received
17 Organizations

Top Funders

17 total
TC
The Cleveland Clinic Foundation
$500K
MS
Morgan Stanley Global Impact Funding Trust Inc.
$384K
AD
American Diabetes Association 2 grants
$338K
FI
Fidelity Investments Charitable Gift Fund
$270K
CF
Columbus Foundation
$154K
AO
American Online Giving Foundation Inc.
$94K
AE
American Endowment Foundation
$67K
CA
Charities Aid Foundation America
$38K
RS
Rural Schools Collaborative Inc.
$25K
LC
Licking County Foundation Inc.
$24K
+7 more funders
The Cleveland Clinic Foundation Morgan Stanley Global Impact Funding Trust Inc. American Diabetes Association Fidelity Investments Charitable Gift Fund Columbus Foundation American Online Giving Foundation Inc. American Endowment Foundation Charities Aid Foundation America Rural Schools Collaborative Inc. Licking County Foundation Inc. Greater Milwaukee Foundation Inc. Deloitte Foundation Institute for Humane Studies Community Foundations Inc. Johnson Charitable Gift Fund Chillicothe-Ross Community Fairfield County Foundation
The Cleveland Clinic Foundation Morgan Stanley Global Impact Funding Trust Inc. American Diabetes Association Fidelity Investments Charitable Gift Fund Columbus Foundation American Online Giving Foundation Inc. American Endowment Foundation Charities Aid Foundation America Rural Schools Collaborative Inc. Licking County Foundation Inc. Greater Milwaukee Foundation Inc. Deloitte Foundation Institute for Humane Studies Community Foundations Inc. Johnson Charitable Gift Fund Chillicothe-Ross Community Fairfield County Foundation

Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.

Lobbying Activity

Lobbying Disclosure Act registrations

Self-Lobbying
2 Registrations
1 Client
Yes Self-Lobbying

Clients 1 total

Ohio University
2 filings
Self

Source: Senate Office of Public Records — Lobbying Disclosure Act

Contact

Get in touch with The Ohio University Foundation

Visit Website
Po Box 869 Athens, OH 45701