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Ohio Aerospace Institute

BROOKPARK, OH EIN: 34-1621676 Website

THE PRIMARY TAX-EXEMPT PURPOSE IS TO FURTHER HUMAN SCIENTIFIC AND ENGINEERING KNOWLEDGE IN A BROAD ARRAY OF AEROSPACE RELATED DISCIPLINES THROUGH INVESTIGATIONAL AND DEVELOPMENTAL RESEARCH; TO BUILD OHIO'S AEROSPACE ECONOMY THROUGH RESEARCH AND TECHNOLOGY, EDUCATION AND TRAINING, AND COLLABORATION AND INFORMATION EXCHANGE. TO FURTHER THE SCIENTIFIC AND ENGINEERING EDUCATION OF DOCTORAL LEVEL GRADUATE AND CONTINUING EDUCATION STUDENTS THROUGH AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO, AND TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH EDUCATION. TO SPONSOR, PROMOTE AND DISSEMINATE AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO; TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH RESEARCH; AND TO DEVELOP AEROSPACE RESEARCH AND GRADUATE EDUCATION RESOURCES IN OHIO.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.2M

+58.6% YoY

Annual Giving

$653K

+59.2% YoY

Grant Count

16

+6.7% YoY

Avg Grant Size

$41K

+49.3% YoY

About Ohio Aerospace Institute

Based on IRS filings

Ohio Aerospace Institute is a nonprofit organization focused on Science & Technology, based in BROOKPARK, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.2M in total assets. In 2024, it awarded 16 grants totaling $653K. Net investment income was $54K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AdaAkronAthenBereaCedarvilleCincinnatiClevelandColumbusDaytonElyriaKentMariettaOxfordToledoWilberforceYoungstown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$19M20202021202220232024
Metric202420232022
Total Assets$14,156,536$8,927,929$8,801,598
Revenue$17,058,955$8,330,588$8,780,189
Expenses$17,003,127$9,198,198$8,788,953
Qualifying Distributions
Net Investment Income$54,268$39,505$1,252
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$175K$349K$524K$698K17 grants202019 grants202117 grants202215 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF AKRON$145KOHIO STATE UNIVERSITY THE$81KKENT STATE UNIVERSITY$80KUNIVERSITY OF CINCINNATI$70KCLEVELAND STATE UNIVERSITY$61KOHIO UNIVERSITY$35KUNIVERSITY OF DAYTON$29KBALDWIN WALLACE UNIVERSITY$28KMIAMI UNIVERSITY$25KYOUNGSTOWN STATE UNIVERS…$20K

Grant Size Distribution

84 grants across all recorded years

66<$50K16$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Ohio Aerospace Institute

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JOHN SANKOVICPRESIDENT & CEO$310KCHRISTOPHER HOCEVARCHIEF FINANCIAL OFFICER$255KANDREW GYEKENYESIASSOCIATE CHIEF SCIENTIST$247KANTHONY GILLESPIESR. PROGRAM MANAGER$231KBOB DIRGOSR. PROGRAM MANAGER$231KMRITYUNJAY SINGHCHIEF SCIENTIST$224KCASIMIR SUCHYTAPRINCIPAL SCIENTIST$185KAMANDA SMITHSECRETARY$96K

From 2024 filing

NameTitleHoursCompensation
JOHN SANKOVICPRESIDENT & CEO40$310,051
CHRISTOPHER HOCEVARCHIEF FINANCIAL OFFICER40$255,478
AMANDA SMITHSECRETARY40$95,952
MEREDITH BOND PHDTRUSTEE
LEE ANN COCHRANTRUSTEE
WAYNE DENNY JRCHAIRMAN
ALI DHINOJWALATRUSTEE
GAIL DOLMAN-SMITHTRUSTEE
JOHN M HORACK PHDTRUSTEE
DENNIS IRWIN PHD PE FNSPETRUSTEE
DAVID KOONCETRUSTEE
JOHN LELANDTRUSTEE
MICHAEL MCKAYTRUSTEE
GAUTAM PILLAY PHDTRUSTEE
ROBERT TANNERTRUSTEE
ANDREW GYEKENYESIASSOCIATE CHIEF SCIENTIST40$247,120
ANTHONY GILLESPIESR. PROGRAM MANAGER40$231,338
BOB DIRGOSR. PROGRAM MANAGER40$231,203
MRITYUNJAY SINGHCHIEF SCIENTIST40$223,806
CASIMIR SUCHYTAPRINCIPAL SCIENTIST40$184,943

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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