Oregon State University Foundation

EIN: 936022772 501(c)(3) Education

Corvallis, OR

Total Revenue
$175,978,965
Total Expenses
$132,388,932
Total Assets
$2,278,175,324
Net Assets
$1,173,848,705
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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
OR
Phone
5417374218
Tax Period
2024-07-01 to 2025-06-30

Oregon State University Foundation, founded in 1947, is a major nonprofit in the Education sector that reported $176.0M in total revenue in fiscal year 2024. The organization ran a surplus of $43.6M, a strong 25% operating margin.

Mission

MISSION: The OSU Foundation partners with Oregon State University to engage our community, inspire investment, and steward resources to enhance the university's excellence and impact. VISION: To create a better world by inspiring support of - and for - Oregon State University

Program Service Accomplishments

Program 1
Expenses: $29,610,230 Revenue: $0

CAPITAL PROGRAMS: The OSU foundation distributed these amounts, in accordance with donor intent, to the University in FY25 to support the construction or renovation of campus facilities. Major...

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CAPITAL PROGRAMS: The OSU foundation distributed these amounts, in accordance with donor intent, to the University in FY25 to support the construction or renovation of campus facilities. Major projects in FY25 included: The Huang Collaborative Innovation Complex, Valley Football Center enhancements, Reser Stadium - west side renovation, Withycombe Hall, Baseball Hitting Facility, Construction Safety Laboratory, Patricia Valian Reser Center for the Creative Arts, and Austin Hall. The Foundation works with donors to complement the State of Oregon's investment in university facilities - often matching state dollars one to one. Currently under construction, the 143,000-square-foot Huang Complex will house one of the most powerful supercomputers in the country. Construction of the $213 million complex is funded by $100 million in philanthropic commitments to the OSU Foundation, $72 million in state bonds and the remainder from university funds.

Program 2
Expenses: $16,509,624 Revenue: $0

SCHOLARSHIPS & OTHER STUDENT SUPPORT: The OSU foundation distributed these amounts, in accordance with donor intent, to the University in FY25 to support students through scholarships, fellowships...

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SCHOLARSHIPS & OTHER STUDENT SUPPORT: The OSU foundation distributed these amounts, in accordance with donor intent, to the University in FY25 to support students through scholarships, fellowships, and other awards. Over time, donors have created over 2.418 unique scholarship, fellowship, and student support funds of various types and amounts at the OSU Foundation, of which 2,005 are endowed. These funds help ensure that an OSU education is accessible to qualified students, regardless of economic circumstances, and allow the University to recruit and retain outstanding students from Oregon and beyond. During the 2024/2025 academic year, 4,986 OSU students received donor-funded scholarships. A current Foundation priority is advancing the university's strategic goal of becoming a place where every student graduates. As part of its multi-year comprehensive fundraising campaign, the Foundation has set a $500 million goal for scholarships and student support. Campaign efforts emphasize donor investment in OSU's Finish in Four Initiative, which helps students complete their degrees on time while receiving a high-quality education that prepares them for careers, community engagement and long-term success.

Program 3
Expenses: $8,926,019 Revenue: $0

INSTRUCTION & RESEARCH: The OSU Foundation distributed these amounts, in accordance with donor intent, to the University in FY25 to support teaching and research. During the year, donor funds helped...

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INSTRUCTION & RESEARCH: The OSU Foundation distributed these amounts, in accordance with donor intent, to the University in FY25 to support teaching and research. During the year, donor funds helped support OSU's internationally recognized programs in marine sciences, forestry and agricultural sciences, among others. With 212 endowed faculty positions at the University, donors to the OSU Foundation provide critically needed private funds to help recruit and retain world-class talent. Endowed positions range from the Oregon Hazelnut Industry Professor and the Otteman Brant Faculty Fellow in Small Animal Medicine to the Grover Family Chair in Sustainable Urban Landscapes and the Holcomb Professor in Structural Engineering.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $101,570,016
Program Service Revenue $1,041,096
Investment Income $43,370,180
Other Revenue $29,997,673
TOTAL REVENUE $175,978,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,665,887
Fundraising Expenses $23,185,346
Program Expenses $72,263,892
Other Expenses $93,696,045
TOTAL EXPENSES $132,388,932

Year-over-Year Comparison

2024 2023 Change
Revenue $175,978,965 $184,857,482 0.0%
Expenses $132,388,932 $161,012,332 -0.2%
Net Income $43,590,033 $23,845,150 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
28
Independent Members
28
Employees
199
Volunteers
33

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,667,188
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Caron Ogg Trustee 1.0
Director
$0 $0 $0
Dave Underriner Trustee - Chair-Elect, Committee on Trustees Chair 2.0
Director
$0 $0 $0
DeMonty Price Trustee 1.0
Director
$0 $0 $0
Eric Schoenstein Trustee - Immediate Past Chair 2.0
Director
$0 $0 $0
James Parkin Trustee 1.0
Director
$0 $0 $0
Jessica Wolfer Trustee 1.0
Director
$0 $0 $0
John Gilleland Trustee 1.0
Director
$0 $0 $0
Ken Austin Trustee 1.0
Director
$0 $0 $0
Ken Provencher Trustee 1.0
Director
$0 $0 $0
Kim Casale Trustee 1.0
Director
$0 $0 $0
Knute Buehler Trustee 1.0
Director
$0 $0 $0
Lan Zhang Trustee 1.0
Director
$0 $0 $0
Leonard Aplet Trustee 1.0
Director
$0 $0 $0
Lori Elkins Trustee 1.0
Director
$0 $0 $0
Mark Giustina Trustee 1.0
Director
$0 $0 $0
Mary Coucher Trustee 1.0
Director
$0 $0 $0
Mary Power Trustee - Liaison to OSUAA Board 2.0
Director
$0 $0 $0
Mary Yates Trustee 1.0
Director
$0 $0 $0
Nancy Fischer Trustee 1.0
Director
$0 $0 $0
Neil Fernando Trustee 1.0
Director
$0 $0 $0
Nikki Neuburger Trustee 1.0
Director
$0 $0 $0
Pat Egan Trustee - External Relations Committee Chair 2.0
Director
$0 $0 $0
Patty Bedient Trustee 1.0
Director
$0 $0 $0
Penny Atkins Trustee - Board Chair 2.0
Director
$0 $0 $0
Rebecca Camden Trustee - Finance Committee Chair 2.0
Director
$0 $0 $0
Richard Evans Trustee - Investment Committee Chair 2.0
Director
$0 $0 $0
Sharada Bose Trustee - OSUAA Board Liaison 1.0
Director
$0 $0 $0
Tom Nakano Trustee - Audit Committee Chair 2.0
Director
$0 $0 $0
Trey Winthrop Trustee 1.0
Director
$0 $0 $0
Kevin L Harvey Treasurer, VP & CFO 40.0
Officer
$335,278 $84,314 $419,592
Laura J Pribyl Secretary - Director of Board Relations 40.0
Officer
$111,800 $29,936 $141,736
Patricia M Nowak Assistant Treasurer - Controller 40.0
Officer
$156,957 $57,441 $214,398
Shawn L Scoville President & CEO 40.0
Officer
$805,348 $86,114 $891,462
Aaron Escobar VP Development, Athletics 40.0
Highest
$289,342 $78,747 $368,089
Constance C French VP for Principal Gifts 40.0
Highest
$368,991 $84,406 $453,397
Kristin G Watkins VP Donor Engagement & Chief Marketing Officer 40.0
Highest
$298,453 $81,342 $379,795
Mark C Koenig VP Technology, Chief Innvation Officer 40.0
Highest
$289,053 $62,689 $351,742
Todd R Bastian Senior VP, Development 40.0
Highest
$371,203 $87,224 $458,427
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $175,978,965 $132,388,932 $2,278,175,324 $43,590,033
2024 $184,857,482 $161,012,332 $1,195,681,572 $23,845,150
2023 $137,919,743 $139,562,869 $1,142,186,435 $-1,643,126
2022 $272,172,005 $128,575,059 $1,086,662,227 $143,596,946
2021 $180,571,414 $86,032,901 $1,081,350,817 $94,538,513
2020 $132,379,489 $123,666,573 $833,330,950 $8,712,916
2019 $127,722,123 $113,420,311 $816,417,531 $14,301,812
2018 $139,155,244 $110,171,074 $793,133,191 $28,984,170
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