Athens, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Ohio University Foundation, founded in 1945, is a mid-sized nonprofit in the Education sector that reported $69.7M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $13.5M, a strong 19% operating margin.
The Ohio University Foundation was established in 1945 to support the mission of Ohio University, the first institution of higher education in the Northwest Territory. 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 2024, The Ohio University Foundation received thousands of gifts totaling more than $38 million.
The Ohio University Foundation provides funding for many university needs including academic and instructional support, student aid, research, facilities, athletics, and other academic initiatives...
The Ohio University Foundation provides funding for many university needs including academic and instructional support, student aid, research, facilities, athletics, and other academic initiatives. During fiscal year 2024, The Ohio University Foundation provided $14.9 million in support for instruction and research, $11.3 million in student aid, and $11.9 million in support of other academic initiatives. Ohio's premier scholarship programs include The Appalachian Scholar Program, The Urban Scholars Program, The Cutler Scholars Program, and many more need-based and merit-based scholarships. Significant gifts were received during fiscal year 2024 for the colleges of communication, engineering, fine arts, and medicine, as well as for student financial aid, the Marching 110, university libraries, and many other areas.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $69,719,598 | $85,119,153 | -0.2% |
| Expenses | $56,192,758 | $51,237,015 | +0.1% |
| Net Income | $13,526,840 | $33,882,138 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Candice Casto | Treasurer & CFO | 36.0 |
Officer
Director
|
$198,344 | $72,614 | $270,958 |
| I Robert Rudy | Vice Chair | 4.0 |
Officer
Director
|
$0 | $0 | $0 |
| Lyn Redington | President & CEO (begin FEB 24) | 6.0 |
Officer
Director
|
$0 | $58,324 | $352,405 |
| Nico Karagosian | President & CEO (until FEB 24) | 38.0 |
Officer
Director
|
$415,999 | $81,082 | $497,081 |
| Sandra Anderson | Chair | 5.0 |
Officer
Director
|
$0 | $0 | $0 |
| Stephen Muck | Vice Chair | 4.0 |
Officer
Director
|
$0 | $0 | $0 |
| Susan Weiss Mulgrew | Secretary | 4.0 |
Officer
Director
|
$0 | $0 | $0 |
| Ann Gabriel | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Ann Wagner Hill | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Bill Brand | Trustee | 6.0 |
Director
|
$0 | $0 | $0 |
| Casey Christopher | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Charles Ciuni | Trustee | 5.0 |
Director
|
$0 | $0 | $0 |
| Cynthia Calhoun | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Daryl Sybert | Trustee (until APR 2024) | 1.0 |
Director
|
$0 | $0 | $0 |
| David Abram | Trustee | 5.0 |
Director
|
$0 | $0 | $0 |
| David Levy | Trustee | 3.0 |
Director
|
$0 | $0 | $0 |
| David Wolfort | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Dennis Minichello | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Diane Smullen | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Donald Harrison Jr | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Edward Chow | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Gregory Hill | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Gregory Moore | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Jacqueline Reau | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Jeffrey Loewy | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Jeffrey Wright | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| John Day | Trustee and University's VP Finance & Admin (beg NOV 23) | 1.0 |
Director
|
$0 | $57,697 | $241,676 |
| Lori Stewart Gonzalez | Trustee and University President | 3.0 |
Director
|
$0 | $44,847 | $407,705 |
| Mark Arnold | Trustee | 6.0 |
Director
|
$0 | $0 | $0 |
| Mark Heil | Trustee and University's VP Finance & Admin (until NOV 23) | 1.0 |
Director
|
$0 | $68,286 | $430,975 |
| Melissa Wervey Arnold | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Paul Gydosh | Trustee | 3.0 |
Director
|
$0 | $0 | $0 |
| Paul Stewart | Trustee (beg JAN 2024) | 1.0 |
Director
|
$0 | $0 | $0 |
| Phyllis Kohler | Trustee | 3.0 |
Director
|
$0 | $0 | $0 |
| R Scott Durcanin | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Robert Wolfinger | Trustee | 7.0 |
Director
|
$0 | $0 | $0 |
| Robin Smith | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Thomas Anderson | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Timothy Busch | Trustee | 5.0 |
Director
|
$0 | $0 | $0 |
| William Ball | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| William Hilyard | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Elizabeth Sayrs | Provost | 4.0 |
Key Emp
|
$0 | $59,697 | $434,251 |
| Jennifer Bowie | Associate VP of Alumni Relations & Annual Giving and Exec Dir of OUAA | 40.0 |
Key Emp
|
$177,283 | $24,532 | $201,815 |
| Maj Mirmirani | Dean, Russ College of Engineering and Technology (until JUL 2023) | 4.0 |
Key Emp
|
$0 | $18,580 | $219,777 |
| Major Alston | Senior Associate VP Advancement and Campaign Director | 38.0 |
Key Emp
|
$210,124 | $73,113 | $283,237 |
| Patrick Fox | Dean, Russ College of Engineering and Technology (Beg JUL 2023) | 4.0 |
Key Emp
|
$0 | $35,421 | $222,951 |
| David Gaume | Chief Investment Officer | 36.0 |
Highest
|
$359,736 | $78,230 | $437,966 |
| Dawn Tabata | Senior Advisor, Principal Prospects & Donor Strategy | 40.0 |
Highest
|
$135,483 | $18,688 | $154,171 |
| Joseph Pauwels | Associate VP, Advancement Svcs and Deputy Campaign Director | 40.0 |
Highest
|
$143,256 | $65,884 | $209,140 |
| Kelli Kotowski | Assistant Vice President, Gift Planning | 40.0 |
Highest
|
$155,842 | $37,280 | $193,122 |
| Teri Gartland | Assistant Vice President, Major Giving | 38.0 |
Highest
|
$159,383 | $46,908 | $206,291 |
| Chaden Djalali | Former Provost | 0.0 |
|
$0 | $69,933 | $290,339 |
| Hugh Sherman | Former Trustee and Former University President | 0.0 |
|
$0 | $58,271 | $485,259 |
| M Duane Nellis | Former Trustee and Former University President | 0.0 |
|
$0 | $62,976 | $333,260 |
| Mei Wei | Former Dean, Russ College of Engineering and Technology | 0.0 |
|
$0 | $33,265 | $155,916 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $69,719,598 | $56,192,758 | $792,735,359 | $13,526,840 |
| 2023 | $85,119,153 | $51,237,015 | $725,272,249 | $33,882,138 |
| 2022 | $75,179,430 | $52,577,327 | $641,559,157 | $22,602,103 |
| 2021 | $65,304,081 | $43,159,840 | $720,462,181 | $22,144,241 |
| 2020 | $30,534,110 | $37,052,627 | $564,704,219 | $-6,518,517 |
| 2019 | $42,315,297 | $41,103,616 | $566,584,572 | $1,211,681 |
| 2018 | $47,193,323 | $44,666,135 | $559,431,920 | $2,527,188 |
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