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 Vulnerability Assessment (Tuckman-Chang)

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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

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. In fiscal year 2025, the Foundation advanced this mission by engaging more than 40,000 donors, alumni, parents and friends of the university through philanthropy, events, volunteer service and outreach. The Foundation raised over $200 million to support student success, faculty research and programs of innovation and discovery across the university and marked a historic milestone as the endowment's market value surpassed $1 billion for the first time, strengthening the university's long-term impact and sustainability. The Foundation's work aligns with Oregon State University's strategic plan, Prosperity Widely Shared, which focuses on three institutional goals: doubling research expenditures to drive discovery and solutions; increasing six-year graduation rates to 80 percent so every student can succeed;

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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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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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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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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