NonprofitsOhio Foundation Of Independent Colleges Inc

Education

Ohio Foundation Of Independent Colleges Inc

WESTERVILLE, OH

Total revenue

$4.4M

Total expenses

$4.1M

Net assets

$7.4M

Grants received

$7.2M

258 grants

EIN

314441082

Tax year

2023

Mission

To solicit contributions from the corporate community and private foundations on behalf of 33 member-college/universities that serve nearly 80,000 students. Members are nonprofit, privately controlled, 4-year colleges/universities chartered by the state of ohio, are fully accredited by higher learning commission, and have a curricular program in traditional liberal arts. Contributions to ofic are distributed to colleges/universities annually and provide tuition assistance and operational support. Ofic provides its donors with an efficient means to support independent higher education. Ofic also provides programs to promote corporate/independent higher education partnerships and provides leadership in developing efforts that result in reduced costs and improved business practices for its members.

Programs

2 programs

Establish a strong volunteer network of business/industry and college/university professionals to conduct an annual solicitation program that provides unrestricted distributions to ohio independent colleges and universities. Unrestricted contributions to ofic are distributed in entirety to the 33 ofic-member colleges and universities in accordance with a distribution formula that requires 60% of the total to be divided equally and 40% of the total to be based upon each member's full-time and full-time equivalent undergraduate enrollments. This is an important source of financial support for our members, allowing them to apply it to areas of greatest need and enabling them to rely on sources other than just tuition to support costs associated with providing an accessible, quality education.

Expenses: $270KGrants: $211K

Coordinate and facilitate collaborative programs designed to help ohio's independent colleges and universities conserve costs and improve operating efficiencies, as well as coordinate and implement programs designed to bring education and business together for specific purposes such as minority recruitment/retention, student advancement/access to higher education.

Expenses: $163K

Financials

FY 2023

Revenue

Contributions & grants$2.3M
Program service revenue$1.2M
Investment income$826K
Other revenue$10K
Total revenue$4.4M

Expenses

Grants paid$2.4M
Salaries & benefits$1.0M
Fundraising$558K
Other expenses$634K
Total expenses$4.1M
Total assets$7.6M
Net assets$7.4M

People

50 listed

NameRoleCompensation

WILLIAM SPIKER

PRESIDENT

Board

$220K

40 hrs/wk

BRETT FIELDS

VP OF OPERATIONS

Board

$111K

40 hrs/wk

THOMAS BECHTEL

TRUSTEE

Board

1 hrs/wk

CATHERINE BELDEN

TRUSTEE

Board

1 hrs/wk

DAVID BELEW

TRUSTEE

Board

1 hrs/wk

WILLIAM BISSET

TRUSTEE

Board

1 hrs/wk

ROB BOHNER

TRUSTEE

Board

1 hrs/wk

GABRIEL BRUNO

TRUSTEE

Board

1 hrs/wk

JAMES CARULAS

TRUSTEE

Board

1 hrs/wk

CARSON CASTLEMAN

TRUSTEE

Board

1 hrs/wk

COREY COCKERILL

TRUSTEE

Board

1 hrs/wk

TIMOTHY COLLINS

TRUSTEE

Board

1 hrs/wk

JOHN COMERFORD

TRUSTEE

Board

1 hrs/wk

MATTHEW DANIS

TRUSTEE

Board

1 hrs/wk

DAVID DECKER

TRUSTEE

Board

1 hrs/wk

MARGARET DRUGOVICH

TRUSTEE

Board

1 hrs/wk

MICHAEL FRANDSEN

TRUSTEE

Board

1 hrs/wk

JAMES GASIOR

TRUSTEE

Board

1 hrs/wk

MICHAEL GILLIGAN

TRUSTEE

Board

1 hrs/wk

CHRISTOPHER GOFF

TRUSTEE

Board

1 hrs/wk

T STEPHEN GREGORY

TRUSTEE

Board

1 hrs/wk

FREDERICK HADLEY

TRUSTEE

Board

1 hrs/wk

STEPHEN HIRZEL

TRUSTEE

Board

1 hrs/wk

YVETTE HUNSICKER

TRUSTEE

Board

1 hrs/wk

ROBERT HUNTINGTON

TRUSTEE

Board

1 hrs/wk

KEVIN KALE

TRUSTEE

Board

1 hrs/wk

DAVID KAUFMAN

TRUSTEE

Board

1 hrs/wk

DAVID KING

TRUSTEE

Board

1 hrs/wk

GREGORY KING

TRUSTEE

Board

1 hrs/wk

MICHAEL KORALEWSKI

TRUSTEE

Board

1 hrs/wk

JULIE KORNFIELD

TRUSTEE

Board

1 hrs/wk

PAM LEBOLD

TRUSTEE

Board

1 hrs/wk

ROBERT MALONE

TRUSTEE

Board

1 hrs/wk

JIM MALZ

TRUSTEE

Board

1 hrs/wk

RICHANNE MANKEY

TRUSTEE

Board

1 hrs/wk

ANNE MCCALL

TRUSTEE

Board

1 hrs/wk

RONALD MCMASTER

TRUSTEE

Board

1 hrs/wk

ROBERT MERZWEILER

TRUSTEE

Board

1 hrs/wk

ALAN MICIAK

TRUSTEE

Board

1 hrs/wk

SUZANNE MIKLOS

TRUSTEE

Board

1 hrs/wk

GREGORY MILLER

TRUSTEE

Board

1 hrs/wk

BEAR MONITA

TRUSTEE

Board

1 hrs/wk

MICHAEL MUSE

TRUSTEE

Board

1 hrs/wk

TIMOTHY NOVOTNY

TRUSTEE

Board

1 hrs/wk

JON PARRISH PEEDE

TRUSTEE

Board

1 hrs/wk

FATHER DAVID PIVONKA

TRUSTEE

Board

1 hrs/wk

HARIS PRATSINAKIS

TRUSTEE

Board

1 hrs/wk

SHONNA RIEDLINGER

TRUSTEE

Board

1 hrs/wk

KATHERINE ROWE FELL

TRUSTEE

Board

1 hrs/wk

TRACY SABO

TRUSTEE

Board

1 hrs/wk

Grants received

Showing 200 of 258

FromAmountPurposeYear
$259K
SCHWARZ FAMILY FOUNDATION SCHOLARSHIP PROGRAM TO BE ADMINISTERED BY OHIO FOUNDATION OF INDEPENDENT COLLEGES, INC SCHOLARSHIP MANAGEMENT RESOURCES PROGRAM
2024
$100K
CONTINUED SUPPORT OF THE NORD FAMILY FOUNDATION SCHOLARSHIP PROGRAM
2024
$67K
TO SUPPORT OFIC'S TALENTEDU PROGRAM.
2024
$50K
CONTINUED SUPPORT OF THE LORAIN COUNTY NONPROFIT SUMMER INTERN PROJECT
2024
$48K
ORGANIZATION'S CHARITABLE PURPOSE
2024
$30K
THE KETTERING FUND SCHOLARSHIP PROGRAM AND DIVERSITY GRANT PROGRAM
2024
$30K
General Support of the Organization
2024
$26K
EDUCATION
2024
$15K
ASSIST WITH POST SECONDARY EDUCATION EXPENSES
2024
$10K
SCHOLARSHIP
2024
$10K
EDUCATION
2024
$5K
2024 OFIC Fund for College Success (Unrestricted Funding)
2024
$5K
SCHOLARSHIPS FOR STUDENTS OF COLOR TOWARD STUDIES RELATED TO BUSINESS OR ECONOMICS
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$5K
GENERAL OPERATING
2024
$2K
GENERAL OPERATING
2024
$1K
Logan County Founders Club
2024
$180K
GRANTS TO COLLEGES, GRANTS TO STATE COUNCILS
2023
$150K
FOR CONTINUED SUPPORT OF THE NORD FAMILY SCHOLARSHIP PROGRAM AND PILOT SUMMER INTERNSHIP PROGRAM
2023
$100K
PROGRAM/PROJECT SUPPORT
2023
$68K
TO SUPPORT OFIC'S PARTNERSHIP WITH INTERN BRIDGE.
2023
$65K
GENERAL OPERATING
2023
$60K
SCHOLARSHIP FUNDS FOR OFIC
2023
$44K
ORGANIZATION'S CHARITABLE PURPOSE
2023
$40K
SCHOOLER FAMILY FOUNDATION SCHOLARSHIP PROGRAM 2023-2024
2023
$30K
THE KETTERING FUND SCHOLARSHIP PROGRAM AND DIVERSITY GRANT PROGRAM
2023
$26K
EDUCATION
2023
$18K
GENERAL OPERATIONS
2023
$16K
ASSIST WITH POST SECONDARY EDUCATION EXPENSES
2023
$15K
UNRESTRICTED GENERAL SUPPORT
2023
$15K
EDUCATION
2023
$13K
ANNUAL OPERATIONS
2023
$10K
UNRESTRICTED
2023
$10K
ANNUAL OPERATIONS
2023
$10K
SCHOLARSHIP
2023
$8K
UNRESTRICTED DONATION
2023
$5K
GENERAL OPERATING
2023
$5K
2023 General Operating Support for OFIC-Member Campuses
2023
$5K
FOR SCHOLARSHIPS FOR STUDENTS OF COLOR TOWARD STUDIES RELATED TO BUSINESS OR ECONOMICS
2023
$2K
General Operating Support
2023
$2K
ORGANIZATION'S CHARITABLE PURPOSE
2023
$2K
GENERAL OPERATING
2023
$1K
Logan County Founders Club
2023
$500
Programs
2023
$250
RECIPIENT'S EXEMPT PURPOSE
2023
$142K
GRANT TO STATE COUNCILS
2022
$100K
CONTINUED GENERAL OPERATING SUPPORT
2022
$100K
PROGRAM/PROJECT SUPPORT
2022
$65K
GENERAL OPERATING
2022
$63K
AEP Foundation Scholarship
2022
$63K
General & Unrestricted
2022
$60K
SCHOLARSHIP SUPPORT FOR 18 STUDENTS IN THE JANE D. WHITE SCHOLARS PROGRAM AND FEES
2022
$40K
SCHOOLER FAMILY FOUNDATION SCHOLARSHIP PROGRAM 2022-2023
2022
$35K
SCHOLARSHIP
2022
$33K
EDUCATION
2022
$32K
SCHOLARSHIP
2022
$25K
ORGANIZATION'S CHARITABLE PURPOSE
2022
$24K
GENERAL OPERATING
2022
$22K
SCHOLARSHIP
2022
$20K
UNRESTRICTED GENERAL SUPPORT
2022
$19K
ASSIST WITH POST SECONDARY EDUCATION EXPENSES
2022
$18K
CHARITABLE SUPPORT
2022
$15K
General support of the organization
2022
$15K
GENERAL OPERATING
2022
$13K
SCHOLARSHIP
2022
$10K
SCHOLARSHIP
2022
$10K
UNRESTRICTED
2022
$10K
ANNUAL OPERATIONS
2022
$8K
DOMINION ENERGY SCHOLARSHIP PROGRAM
2022
$8K
UNRESTRICTED DONATION
2022
$6K
General Operating Support
2022
$6K
GENERAL PURPOSE
2022
$5K
The Andersons Inc. Charitable Foundation Scholarships
2022
$5K
Exempt purpose of organization
2022
$5K
General Operating Support for OFIC-Member Campuses
2022
$4K
SCHOLARSHIPS
2022
$3K
GENERAL OPERATING
2022
$3K
ORGANIZATION'S CHARITABLE PURPOSE
2022
$2K
General Operating Support
2022
$1K
Logan County Founders Club FUND
2022
$250
RECIPIENT'S EXEMPT PURPOSE
2022
$105K
UPS SCHOLARSHIPS
2021
$100K
PROGRAM/PROJECT SUPPORT
2021
$100K
CONTINUED GENERAL OPERATING SUPPORT
2021
$57K
SCHOLARSHIP CHALLENGE
2021
$44K
ANNUAL SUPPORT
2021
$35K
SCHOLARSHIP
2021
$32K
SCHOLARSHIP
2021
$20K
SCHOLARSHIP
2021
$18K
CHARITABLE SUPPORT
2021
$11K
SCHOLARSHIP
2021
$10K
UNRESTRICTED
2021
$10K
2021 Andersons Scholarship
2021
$6K
2 SCHOLARSHIPS
2021
$6K
FUND A SCHOLARSHIP PROGRAM
2021
$5K
SCHOLARSHIPS
2021
$5K
General Support
2021
$4K
SCHOLARSHIPS
2021
$3K
GENERAL OPERATING
2021
$1K
Logan County Founders Club
2021
$1K
ANNUAL FUND CAMPAIGN
2021
$250
RECIPIENT'S EXEMPT PURPOSE
2021
$99K
UPS SCHOLARSHIPS
2020
$68K
SCHOLARSHIP SUPPORT FOR 18 STUDENTS IN THE OHIO SCHOLARS PROGRAM AND FEES
2020
$50K
CONTINUED SUPPORT OF THE NORD FAMILY FOUNDATION SCHOLARSHIP PROGRAM
2020
$46K
SCHOLARSHIP AWARDS
2020
$44K
ANNUAL SUPPORT
2020
$40K
EDUCATION
2020
$38K
SCHOOLER FAMILY FOUNDATION SCHOLARSHIP PROGRAM 2020-2021
2020
$35K
EDUCATION
2020
$25K
The Kettering Fund Scholarship Program
2020
$25K
GENERAL SUPPORT
2020
$23K
GENERAL SUPPORT
2020
$21K
MULTIPLE PROGRAMS
2020
$20K
The Andersons Inc Charitable Scholarship Program
2020
$18K
CHARITABLE SUPPORT
2020
$10K
FIRST SOLAR CORPORATION SCHOLARSHIP
2020
$10K
SCHOLARSHIP FUNDS FOR THE OFIC 2019-20 CAMPAIGN
2020
$10K
General support of the organization
2020
$10K
EDUCATION
2020
$10K
EDUCATION
2020
$10K
EDUCATION
2020

Funded by

$7.2M from 86 funders · 258 grants · 2017–2024

Council Of Independent Colleges

$955K · 12 grants · 2017–2023

Schwarz Family Foundation Inc

$586K · 3 grants · 2020–2024

The Nord Family Foundation

$550K · 6 grants · 2020–2024

The Charlotte R Schmidlapp Fund Fifth Third

$500K · 5 grants · 2019–2023

The Cleveland Foundation

$358K · 5 grants · 2018–2024

Samuel N Bemis Scholarship Fund

$317K · 5 grants · 2020–2024

Sisler Mcfawn Foundation Pfdn

$260K · 4 grants · 2020–2023

Timken Foundation Of Canton

$250K · 1 grant · 2017

Details

EIN314441082
NTEE codeB120
Subsection03
Ruling date1952-03
Formed1950
Employees9
Volunteers75
OHIO FOUNDATION OF INDEPENDENT COLLEGES INC — Mission, Financials & Grants Received | Grantivo