Ohio Capital Impact Corporation
Ohio Capital Impact Corporation (OCIC) is a public charity based in Columbus, Ohio, formed in 2012 as the philanthropic arm of Ohio Capital Corporation for Housing. It supports the educational, economic, health, and social betterment of residents of affordable housing, the areas where they live, and organizations that serve them.
Key facts about Ohio Capital Impact Corporation
In short: Ohio Capital Impact Corporation gave $2.5M across 71 grants in 2024 (avg $36K), mostly in Ohio. 32% of 2024 grantees were new. Source: 2024 IRS Form 990.
- EIN
- 46-1632889
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $2,537,819
- Grants made (2024)
- 71
- Average grant
- $35,744
- Median grant
- $23,142
- New grantees (estimate)
- 32% first-time grantees (23 of 71, 2024)
- Total assets
- $11,236,446
- Primary geography
- Ohio (69% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$11.2M
+4.2% YoY
Annual Giving
$2.5M
-20.2% YoY
Grant Count
71
-4.1% YoY
Avg Grant Size
$36K
-16.9% YoY
Is Ohio Capital Impact Corporation open to new grantees?
32%
first-time grantees, 2024
In 2024, 23 of 71 grantees (32%) were first-time recipients. First grants averaged $35K; repeat grants $36K. How we count
Medians: $25K first-time, $22K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
OCIC states that it contributes funding to support the educational, economic, health, and social betterment of affordable-housing residents, their communities, and organizations serving them.
Capital for Partners provides funds to Ohio Capital Corporation for Housing partners for special initiatives, sponsorships, fundraising efforts, and educational conferences. The Summer Camp Fund provides grants to partners to help children living in low-income housing projects attend summer camps. OCIC also reported funding selected CPO Impact programs intended to increase housing stability, enhance neighborhood safety, and support residents’ well-being, family stability, and children’s success. Its Digital Inclusion fund supports hardware, technical assistance, digital literacy training, and economic empowerment.
Among the organizations OCIC supported in 2024, Community Properties Impact Corporation says it helps Community Properties of Ohio provide affordable housing, connect residents with stabilizing resources, and advance residents and communities. Resident Resources Network says it connects residents to resources that enhance housing stability, self-sufficiency, and safe, supportive communities. Corporation for Supportive Housing describes its mission as advancing housing solutions that improve lives, maximize public resources, and strengthen communities. Columbus Housing Partnership says it works to create quality affordable homes and strong communities. The Coalition on Homelessness and Housing in Ohio describes its work as ending homelessness and promoting decent, safe, fair, affordable housing, with a focus on low-income people and people with special needs. Community Housing Network says it creates homes with support, stability, and community connections for residents.
Grantmaking
In 2024, OCIC reported 71 grants totaling $2,537,819. Grant amounts ranged from $5,280 to $264,000, with a median of $23,142. The filing says recipient reporting is required and reviewed to ensure funds are used for their intended purposes. Many grants are reimbursable; recipients submit invoices for review before reimbursement.
The largest reported 2024 grants included $264,000 to Louisville Metro Housing Authority for program support; $207,741 to Community Properties Impact Corporation for operational and program support; $146,713 to Resident Resources Network for program support; and $121,500 to Corporation for Supportive Housing for sponsorship and operational support. Other notable grants included $80,000 to Columbus Metropolitan Housing Authority, $77,000 to Columbus Housing Partnership, and $75,000 to the Coalition on Homelessness and Housing in Ohio.
Ready to take the next step with Ohio Capital Impact Corporation?
Geographic Focus
Where this funder awards grants
In 2024, 69% of grant dollars went to recipients in Ohio, 16% to Kentucky, 5% to New York, 4% to Tennessee, and 3% to Pennsylvania.
Grant Distribution by State
Share of 2024 grant dollars across all 71 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.4M (2022) to $4.2M (2021). In 2024 it made 71 grants totaling $2.5M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Louisville Metro Housing Authority ($264K). Together the top 10 received $1.2M.
Grant Size Distribution
406 grants across all recorded years
The most common grant size was under $50K: 329 grants of 406 (81%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Louisville Metro Housing Authority Louisville, KY | Program Support | $264,000 |
| Community Properties Impact Corporation Columbus, OH | Operational & Program Support | $207,741 |
| Resident Resources Network Inc New Albany, OH | Program Support | $146,713 |
| Corporation for Supportive Housing New York, NY | Sponsorship & Operational Support | $121,500 |
| Columbus Metropolitan Housing Authority Columbus, OH | Program Support | $80,000 |
| Columbus Housing Partnership Inc Homeport Columbus, OH | Sponsorship & Program Support | $77,000 |
| Coalition on Homelessness and Housing in Ohio Columbus, OH | Sponsorship & Program Support | $75,000 |
| Memphis Housing Authority Memphis, TN | Program Support | $75,000 |
| Community Housing Network Inc Columbus, OH | Sponsorship & Program Support | $73,067 |
| Habitat for Humanity-Midohio Columbus, OH | Sponsorship | $60,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants reported |
|---|---|---|---|---|
| 2024 | $11,236,446 | $3,065,100 | $2,669,858 | $2,537,819 |
| 2023 | $10,786,764 | $2,489,310 | $3,346,996 | $3,182,136 |
| 2022 | $12,108,306 | $4,048,346 | $2,593,623 | $2,440,230 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,236,446 | $10,786,764 | $12,108,306 |
| Revenue | $3,065,100 | $2,489,310 | $4,048,346 |
| Expenses | $2,669,858 | $3,346,996 | $2,593,623 |
| Net Investment Income | $251,089 | $188,600 | $19,915 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Angela Mingo as director and chairman; Jeanne Golliher as director and vice chair; Andrew Tanner as director and treasurer; and Jeanne Schroer as director and secretary. It also lists Grady Appleton, Richard McQuady, and Kevin Nowak as directors. Tom Loos is listed as director and treasurer until April 2024; Dennis Guest and John Lee are listed as directors until April 2024.
Ohio Capital Impact Corporation is led by Catherine Cawthon, President & CEO since 2022 (on filings since 2021); none of the 15 officers listed in 2024 report compensation.
Officers on the 2024 filing
Catherine Cawthon
President & CEO
CEO → President & CEO, 2022
On filings since 2021
5 hrs/week
No compensation reported
Angela Mingo
Director & Chairman
Director & Vice Chair → Director & Chairman, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Dennis Guest
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Grady Appleton
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Jeanne Golliher
Director & Vice Chair
Director & Secretary → Director & Vice Chair, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Jeanne Schroer
Director & Secretary
Director → Director & Secretary, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
John Lee
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Richard McQuady
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Tom Loos
Director & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Kevin Nowak
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Andrew Tanner
Director & Treasurer
New on the 2024 filing
0.5 hrs/week
No compensation reported
Debbie Watts-Robinson
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Lewis Diaz
Director
New on the 2024 filing
4.5 hrs/week
No compensation reported
Jennifer Mullaney
CFO
On filings since 2020
5 hrs/week
No compensation reported
John Hartranft
Executive Vice President Risk & Corp. Council
Executive Vice President Risk & Corporate Council → Executive Vice President Risk & Corporate Counsel, 2023
Executive Vice President Risk & Corporate Counsel → Executive Vice President Risk & Corp. Council, 2024
On filings since 2021
5 hrs/week
No compensation reported
Former officers (6)
- Former: Harold D. Keller (2020–2023) — Outgoing Director
- Former: Susan E. Weaver (2020–2023) — Outgoing Director & Vice Chairman
- Former: Margaret Moertl (2020–2021) — Former President
- Former: Sue Ziegler (2020–2021) — COO
- Former: Daniel Slane (2020) — Chairman
- Former: John F. Kukura III (2020) — Chief Investment Officer -
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 671 South High Street 600, Columbus, OH 43206
Phone: (614) 224-8446
Frequently asked questions about Ohio Capital Impact Corporation
How much does Ohio Capital Impact Corporation give each year?
Ohio Capital Impact Corporation gave $2.5M across 71 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.2M across 74 grants.
What is Ohio Capital Impact Corporation's typical grant size?
Ohio Capital Impact Corporation's median grant in 2024 was $23,142, and its average grant was $35,744, across 71 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Ohio Capital Impact Corporation that year got $35K on average.
Where does Ohio Capital Impact Corporation give grants?
Ohio Capital Impact Corporation gives mostly in Ohio: 69% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Kentucky (16%). The most frequent recipient cities were Columbus, OH (22 grants), Cincinnati, OH (10 grants), Louisville, KY (2 grants) and New Albany, OH (2 grants).
Does Ohio Capital Impact Corporation give general operating support?
Yes: 21% of Ohio Capital Impact Corporation's 2024 grants with a stated purpose (15 of 71) were for general or operating support, per its 2024 IRS Form 990. Recurring purposes include "Sponsorship" (26 grants), "Program Support" (24 grants) and "Sponsorship & Program Support" (5 grants).
Who are Ohio Capital Impact Corporation's largest grantees?
Ohio Capital Impact Corporation's largest 2024 grantees include Louisville Metro Housing Authority ($264,000), Community Properties Impact Corporation ($207,741) and Resident Resources Network Inc ($146,713), according to its 2024 IRS Form 990. Together they received 24% of its itemized 2024 grant dollars.
How large is Ohio Capital Impact Corporation?
Ohio Capital Impact Corporation reported $11.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.1M.
What does Ohio Capital Impact Corporation fund?
OCIC states that it contributes funding to support the educational, economic, health, and social betterment of affordable-housing residents, their communities, and organizations serving them. See mission & focus areas ↑
How do I apply for a grant from Ohio Capital Impact Corporation?
Ohio Capital Impact Corporation has no public application process in the sources Grantable reviewed. Check impactfoundation.org for current guidelines, or contact the foundation directly before submitting a request.
What is Ohio Capital Impact Corporation's EIN?
Ohio Capital Impact Corporation's EIN (Employer Identification Number) is 46-1632889. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Here's the math on researching Ohio Capital Impact Corporation by hand.
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