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The Ohio University Foundation

ATHENS, OH EIN: 31-6402269 Website

The Ohio University Foundation was established in 1945 to support the mission of Ohio University, the first institution of higher education in the Northwest Territory. Ohio University holds as its central purpose the intellectual and personal development of its students and is well known for its outstanding faculty of accomplished teachers whose research and creative activity advance knowledge across many disciplines. During fiscal year 2024, The Ohio University Foundation received thousands of gifts totaling more than $38 million.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$792.7M

+9.3% YoY

Annual Giving

$38.3M

+15.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$38.3M

+15.1% YoY

About The Ohio University Foundation

Based on IRS filings

The Ohio University Foundation is a nonprofit organization focused on Education, based in ATHENS, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $792.7M in total assets. In 2024, it awarded 1 grants totaling $38.3M. Net investment income was $27.7M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Athens

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23M$47M$70M$94M201920202021202220232024
Metric202420232022
Total Assets$792,735,359$725,272,249$641,559,157
Revenue$69,719,598$85,119,153$75,179,430
Expenses$56,192,758$51,237,015$52,577,327
Qualifying Distributions
Net Investment Income$27,687,092$8,029,705$30,742,498
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$19M$29M$38M0 grants20191 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Ohio University$38.3M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

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

Nico KaragosianPresident & CEO (until FEB 24)$416KDavid GaumeChief Investment Officer$360KMajor AlstonSenior Associate VP Advancem…$210KCandice CastoTreasurer & CFO$198KJennifer BowieAssociate VP of Alumni Relat…$177KTeri GartlandAssistant Vice President, Ma…$159KKelli KotowskiAssistant Vice President, Gi…$156KJoseph PauwelsAssociate VP, Advancement Sv…$143KDawn TabataSenior Advisor, Principal Pr…$135K

From 2024 filing

NameTitleHoursCompensation
Candice CastoTreasurer & CFO36$198,344
I Robert RudyVice Chair4
Lyn RedingtonPresident & CEO (begin FEB 24)6
Nico KaragosianPresident & CEO (until FEB 24)38$415,999
Sandra AndersonChair5
Stephen MuckVice Chair4
Susan Weiss MulgrewSecretary4
Ann GabrielTrustee1
Ann Wagner HillTrustee2
Bill BrandTrustee6
Casey ChristopherTrustee1
Charles CiuniTrustee5
Cynthia CalhounTrustee1
Daryl SybertTrustee (until APR 2024)1
David AbramTrustee5
David LevyTrustee3
David WolfortTrustee2
Dennis MinichelloTrustee1
Diane SmullenTrustee1
Donald Harrison JrTrustee1
Edward ChowTrustee2
Gregory HillTrustee2
Gregory MooreTrustee1
Jacqueline ReauTrustee2
Jeffrey LoewyTrustee1
Jeffrey WrightTrustee1
John DayTrustee and University's VP Finance & Admin (beg NOV 23)1
Lori Stewart GonzalezTrustee and University President3
Mark ArnoldTrustee6
Mark HeilTrustee and University's VP Finance & Admin (until NOV 23)1
Melissa Wervey ArnoldTrustee1
Paul GydoshTrustee3
Paul StewartTrustee (beg JAN 2024)1
Phyllis KohlerTrustee3
R Scott DurcaninTrustee1
Robert WolfingerTrustee7
Robin SmithTrustee2
Thomas AndersonTrustee1
Timothy BuschTrustee5
William BallTrustee2
William HilyardTrustee2
Elizabeth SayrsProvost4
Jennifer BowieAssociate VP of Alumni Relations & Annual Giving and Exec Dir of OUAA40$177,283
Maj MirmiraniDean, Russ College of Engineering and Technology (until JUL 2023)4
Major AlstonSenior Associate VP Advancement and Campaign Director38$210,124
Patrick FoxDean, Russ College of Engineering and Technology (Beg JUL 2023)4
David GaumeChief Investment Officer36$359,736
Dawn TabataSenior Advisor, Principal Prospects & Donor Strategy40$135,483
Joseph PauwelsAssociate VP, Advancement Svcs and Deputy Campaign Director40$143,256
Kelli KotowskiAssistant Vice President, Gift Planning40$155,842
Teri GartlandAssistant Vice President, Major Giving38$159,383
Chaden DjalaliFormer Provost
Hugh ShermanFormer Trustee and Former University President
M Duane NellisFormer Trustee and Former University President
Mei WeiFormer Dean, Russ College of Engineering and Technology

Subject Areas

Focus areas based on grantmaking activity

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

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