The Ohio Foundation of logo

The Ohio Foundation of

WESTERVILLE, OH EIN: 31-4441082 Website

The Ohio Foundation of Independent Colleges (OFIC) is a 501(c)(3) nonprofit organization headquartered in Westerville, Ohio. Founded in 1950, OFIC serves as the primary corporate and foundation solicitation organization for 31-33 independent colleges and universities across Ohio. The organization connects donors with member institutions to support student scholarships, internships, and career opportunities. OFIC's member colleges collectively enroll over 70,000 students.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.6M

-0.6% YoY

Annual Giving

$1.9M

-24.0% YoY

Grant Count

64

-22.0% YoY

Avg Grant Size

$30K

-2.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

OFIC solicits financial support from corporate donors and foundations that believe in higher education. The organization administers scholarship programs and manages national scholarship initiatives to ensure students at member campuses can afford and complete their education.

Primary program areas include:

  • Scholarship Administration: Managing and carrying out successful scholarship programs, including The Ohio Scholars Program and scholarship management resources that provide cash distributions to colleges and universities for student scholarships and awards
  • Financial Aid & Campus Programs: Distributing financial aid and special program grants for college campus activities
  • Career Development: Conducting annual job fairs including CareerFest and The Accounting CareerFest, which allow students to meet and interview with OFIC donor companies
  • Institutional Collaboration: Coordinating and facilitating collaborative programs designed to help Ohio's independent colleges and universities conserve costs and improve operating efficiencies
  • Education-Business Partnerships: Implementing programs that bring education and business together for purposes such as minority recruitment and retention

Grantmaking

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Geographic Focus

Where this funder awards grants

OFIC primarily funds in Ohio, with some activity in Indiana and Kentucky.

Grant Distribution by State

32states
+24 more states

Cities

AdaAlbanyAllendaleAllianceAmesAmherstAngolaAnn ArborAnnandale On HudsonAnnandaleonhudsonAshburnAshlandAthensBaltimoreBar HarborBataviaBattleboroBereaBerkeleyBethlehem

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $7,576,567
  • Total Revenues: $4,373,175
  • Total Expenses: $4,111,486
  • Total Giving: $2,447,142
  • Total Liabilities: $364,000

Staffing: 9 employees (per 2024 data); 18 employees listed in other sources.

Rating: The organization holds a Four-Star rating with a 95% score based on accountability and finance metrics.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M201920202021202220232024
Metric202420232022
Total Assets$7,576,567$7,625,784$7,138,726
Revenue$4,373,175$4,506,221$4,168,054
Expenses$4,111,486$4,252,857$3,658,988
Qualifying Distributions
Net Investment Income$825,664$470,959$622,061
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$678K$1M$2M$3M41 grants201955 grants2020154 grants202165 grants202282 grants202364 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CEDARVILLE UNIVERSITY$77KPURDUE UNIVERSITY$70KOBERLIN COLLEGE$65KFRANCISCAN UNIVERSITY OF…$62KDENISON UNIVERSITY$60KBALDWIN WALLACE UNIVERSITY$60KFRANKLIN UNIVERSITY$58KJOHN CARROLL UNIVERSITY$56KASHLAND UNIVERSITY$55KTHE COLLEGE OF WOOSTER$54K

Grant Size Distribution

250 grants across all recorded years

173<$50K77$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from The Ohio Foundation of

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Gordon Brollier: President

Compensation Overview

From 2024 IRS filing

WILLIAM SPIKERPRESIDENT$220KBRETT FIELDSVP OF OPERATIONS$111K

From 2024 filing

NameTitleHoursCompensation
EVAN ANDREWSTRUSTEE1
MELISSA BAUMANNTRUSTEE1
THOMAS BECHTELTRUSTEE1
CATHERINE BELDENTRUSTEE1
DAVID BELEWTRUSTEE1
WILLIAM BISSETTRUSTEE1
ROB BOHNERTRUSTEE1
GABRIEL BRUNOTRUSTEE1
JAMES CARULASTRUSTEE1
CARSON CASTLEMANTRUSTEE1
COREY COCKERILLTRUSTEE1
TIMOTHY COLLINSTRUSTEE1
JOHN COMERFORDTRUSTEE1
MATTHEW DANISTRUSTEE1
DAVID DECKERTRUSTEE1
MARGARET DRUGOVICHTRUSTEE1
MICHAEL FRANDSENTRUSTEE1
JAMES GASIORTRUSTEE1
MICHAEL GILLIGANTRUSTEE1
CHRISTOPHER GOFFTRUSTEE1
T STEPHEN GREGORYTRUSTEE1
FREDERICK HADLEYTRUSTEE1
STEPHEN HIRZELTRUSTEE1
YVETTE HUNSICKERTRUSTEE1
ROBERT HUNTINGTONTRUSTEE1
KEVIN KALETRUSTEE1
DAVID KAUFMANTRUSTEE1
DAVID KINGTRUSTEE1
GREGORY KINGTRUSTEE1
MICHAEL KORALEWSKITRUSTEE1
JULIE KORNFIELDTRUSTEE1
PAM LEBOLDTRUSTEE1
ROBERT MALONETRUSTEE1
JIM MALZTRUSTEE1
RICHANNE MANKEYTRUSTEE1
ANNE MCCALLTRUSTEE1
RONALD MCMASTERTRUSTEE1
ROBERT MERZWEILERTRUSTEE1
ALAN MICIAKTRUSTEE1
SUZANNE MIKLOSTRUSTEE1
GREGORY MILLERTRUSTEE1
BEAR MONITATRUSTEE1
MICHAEL MUSETRUSTEE1
TIMOTHY NOVOTNYTRUSTEE1
JON PARRISH PEEDETRUSTEE1
FATHER DAVID PIVONKATRUSTEE1
HARIS PRATSINAKISTRUSTEE1
SHONNA RIEDLINGERTRUSTEE1
KATHERINE ROWE FELLTRUSTEE1
TRACY SABOTRUSTEE1
THOMAS SCHUCKTRUSTEE1
JENNIFER SCHULLERTRUSTEE1
LILLIAN SCHUMACHERTRUSTEE1
TROY SINGERTRUSTEE1
RALPH SMITHERSTRUSTEE1
RANDOLPH SNOWTRUSTEE1
LISA STAVSKYTRUSTEE1
THOMAS SUTTONTRUSTEE1
EDDIE TAYLORTRUSTEE1
WARD TIMKENTRUSTEE1
CARMEN TWILLIE AMBARTRUSTEE1
CHARLES TYBURSKITRUSTEE1
MATTHEW VANDENBERGTRUSTEE1
CHRISTINE WALKERTRUSTEE1
WAYNE WEBSTERTRUSTEE1
ADAM WEINBERGTRUSTEE1
THOMAS WHITETRUSTEE1
AARON WILLIAMSTRUSTEE1
JANE WOODTRUSTEE1
BARBARA BRITENRIKERCHAIR1
JIM CARULASVICE CHAIR (CORPORATE)1
SUSAN HASSELERVICE CHAIR (COLLEGIATE)1
JAMES FAHEYTREASURER1
TIMOTHY COLLINSSECRETARY1
RANDALL MARKERPAST CHAIR1
WILLIAM SPIKERPRESIDENT40$219,518
BRETT FIELDSVP OF OPERATIONS40$111,016

Recent News & Activity

Recent developments and announcements

OFIC received a $25,000 matching scholarship challenge grant from the Council of Independent Colleges, as noted in recent organizational announcements.

Subject Areas

Focus areas based on grantmaking activity

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

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