OSI Foundation Inc

Public charity · Grantmaker New Albany, IN EIN: 20-0626196

To support the charitable economic development activities of one southern Indiana. One southern Indiana seeks to implement change in order to establish stronger economic growth, a better educated and better paid workforce, and a structure of advocacy with the state of Indiana.

OSI Foundation Inc at a glance

In short: OSI Foundation Inc gave $106K across 1 grant in 2025 (avg $106K), mostly in Indiana. Source: 2025 IRS Form 990.

Annual giving (2025)
$105,500
+18.5% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$105,500
+18.5% vs 2024
Median grant
$105,500
Total assets
$69,196
+4.7% vs 2024
Primary geography
Indiana (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

How to apply to OSI Foundation Inc

Who OSI Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

One Southern Indiana: $106KOne Southern Indiana$106K

The largest 2025 recipient was One Southern Indiana ($106K).

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

New Albany

How OSI Foundation Inc gives

  • Giving fell 30% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $89K (2024) to $151K (2022). In 2025 it made 1 grant totaling $106K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
One Southern Indiana New Albany, INTo Further the Exempt Purpose of the Organization$105,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$69,196$112,815$109,720$105,5001$1,773
2024$66,101$84,925$92,511$89,0001$1,925
2023$75,417$116,590$122,980$118,5001$90
2022$80,077$118,087$154,863$150,5001$87
2021$116,853$131,068$124,279$120,0001$268

About OSI Foundation Inc

Based on IRS filings

OSI Foundation Inc is a public charity focused on Community Improvement & Capacity Building, based in New Albany, IN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $69K in total assets. In 2025, it awarded 1 grant totaling $106K. Net investment income was $2K.

Leadership & Key People

Officers and directors from IRS filings

OSI Foundation Inc is led by Le Ann Scott, Chair since 2024 (on filings since 2021); none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Le Ann Scott

    Chair

    Board Member → Chair, 2024

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Chris Loop

    Secretary & Treasurer

    Board Member → Secretary & Treasurer, 2023

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Greg Neely

    Board Member

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Scott Olinger

    Board Member

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Jason Lopp

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Susan Graston

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Willie Billingslea III

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

  • William Reedy

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Former officers (4)
  • Former: Charlie Smith (2021–2024) — Board Member
  • Former: Rita Hudson Shourds (2021–2023) — Chair
  • Former: David Vince (2021–2022) — Secretary & Treasurer
  • Former: Andrea Smallwood (2021) — Vice Chair

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about OSI Foundation Inc

How much does OSI Foundation Inc give each year?

OSI Foundation Inc gave $106K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $89K across 1 grant.

How large is OSI Foundation Inc?

OSI Foundation Inc reported $69K in total assets on its 2025 IRS Form 990. Its revenue that year was $113K.

What is OSI Foundation Inc?

OSI Foundation Inc is a public charity focused on Community Improvement & Capacity Building, based in New Albany, IN. It holds $69K in total assets as of 2025.

Where does OSI Foundation Inc operate?

OSI Foundation Inc has awarded grants in Indiana.

What is OSI Foundation Inc's EIN?

OSI Foundation Inc's EIN (Employer Identification Number) is 20-0626196. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS April 18, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS April 9, 2025)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS March 11, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Live grants for the work OSI Foundation Inc funds

Community Improvement & Capacity Building Open opportunities, soonest deadline first.

Explore Open Grants

Browse active grant opportunities in OSI Foundation Inc's focus areas in our free grants database

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from OSI Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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