Ohio State Bar Foundation
- Assets
- $58.3m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Columbus, OH
- Founding
- 04/2001
- Data as of
- 12/2021
- EIN
- 31-6054093
Organization Overview
Ohio State Bar Foundation is located in Columbus, OH. The organization was established in 2001. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Ohio State Bar Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio State Bar Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ohio State Bar Foundation generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ohio State Bar Foundation has awarded 153 individual grants totaling $6,703,848. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OHIO STATE BAR FOUNDATION FULFILLS ITS MISSION OF PROMOTING PUBLIC UNDERSTANDING OF THE RULE OF LAW AND IMPROVEMENTS IN THE JUSTICE SYSTEM THROUGHOUT OHIO BY AWARDING GRANTS TO NONPROFIT ORGANIZATIONS THAT ADVANCE THAT MISSION.
THE FOUNDATION DEVELOPS AND PRESENTS FELLOWS PROGRAMMING DESIGNED TO PROMOTE PUBLIC UNDERSTANDING OF THE LAW AND IMPROVE THE JUSTICE SYSTEM THROUGHOUT OHIO. THE FOUNDATION ALSO CREATES SERVICE OPPORTUNITIES WITH OUR VOLUNTEERS CONNECTING THEM TO OUR GRANTEES AND THE GENERAL PUBLIC. THROUGH ITS AWARDS PROGRAM THE FOUNDATION RECOGNIZES INDIVIDUALS AND PROGRAMS OR ORGANIZATIONS WHOSE WORK PROMOTES PUBLIC UNDERSTANDING OF THE LAW OR IMPROVEMENTS IN THE JUSTICE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori L Keating Exec Director/corporate Se | Officer | 40 | $160,704 |
Mark Kitrick Immediate Past President | OfficerTrustee | 1 | $0 |
John S Stith Treasurer | OfficerTrustee | 1 | $0 |
J Kristin Burkett President-Elect | OfficerTrustee | 2 | $0 |
Velda Hofacker President | OfficerTrustee | 10 | $0 |
Ronald L Kahn Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $48,971 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,719 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,690 |
| Total Program Service Revenue | $9,301 |
| Investment income | $1,238,839 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,583,569 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,008,399 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,234,873 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $203,671 |
| Compensation of current officers, directors, key employees. | $71,285 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $348,767 |
| Pension plan accruals and contributions | $13,554 |
| Other employee benefits | $41,614 |
| Payroll taxes | $34,550 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $183,752 |
| Fees for services: Other | $95,802 |
| Advertising and promotion | $33,305 |
| Office expenses | $28,322 |
| Information technology | $41,865 |
| Royalties | $0 |
| Occupancy | $670 |
| Travel | $11,541 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,112 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,832 |
| Insurance | $7,285 |
| All other expenses | $2,401 |
| Total functional expenses | $2,323,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,400 |
| Savings and temporary cash investments | $525,232 |
| Pledges and grants receivable | $221,114 |
| Accounts receivable, net | $10,253 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,789 |
| Investments—publicly traded securities | $57,078,884 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $85,797 |
| Total assets | $58,293,469 |
| Accounts payable and accrued expenses | $192,875 |
| Grants payable | $74,500 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $267,375 |
| Net assets without donor restrictions | $57,801,477 |
| Net assets with donor restrictions | $224,617 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $58,293,469 |
Grants Awarded
Over the last fiscal year, Ohio State Bar Foundation has awarded $1,202,127 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: GENERAL SUPPORT. | $138,325 |
Columbus, OH PURPOSE: GENERAL SUPPORT. | $116,000 |
Cleveland, OH PURPOSE: GENERAL SUPPORT. | $100,000 |
Columbus, OH PURPOSE: GENERAL SUPPORT. | $100,000 |
Williamsburg, VA PURPOSE: GENERAL SUPPORT. | $76,489 |
Columbus, OH PURPOSE: GENERAL SUPPORT. | $54,963 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ohio State Bar Foundation has recieved totaling $75,019.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: URBAN AFFAIRS | $50,000 |
George W & Mary F Ritter Charitable Tr Brooklyn, OH PURPOSE: GENERAL OPERATING | $18,241 |
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: General Support | $6,778 |
Endowment Analysis
| Beg. Balance | $397,150 |
| Earnings | $16 |
| Admin Expense | $202 |
| Net Contributions | $27,995 |
| Other Expense | $19,669 |
| Grants | $23,949 |
| Ending Balance | $381,341 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Michigan State Bar Foundation Lansing, MI | $14,254,116 | $12,232,628 |
Indiana Bar Foundation Indianapolis, IN | $10,665,424 | $4,352,887 |
Ohio State Bar Foundation Columbus, OH | $58,293,469 | $3,008,399 |
Indianapolis Bar Foundation Inc Indianapolis, IN | $2,449,471 | $447,937 |
Oakland County Bar Foundation Bloomfield Hills, MI | $1,951,123 | $461,405 |
Fork Over Love Kingston, PA | $271,211 | $441,372 |
Hundred Club Of Detroit Fenton, MI | $827,888 | $306,060 |
Louisville Bar Foundation Inc Endowment Fund Louisville, KY | $4,044,215 | $351,983 |
Officer Collin Rose Memorial Grosse Pointe Farms, MI | $69,708 | $0 |
Margaret E Johnson Annuity Tr No 22301-0 Pittsburgh, PA | $1,643,194 | $16,325 |
Gino And Luciana Diclemente Foundation Southfield, MI | $2,705,687 | $36,161 |
West Virginia Bar Foundation Inc Charleston, WV | $1,015,877 | $112,260 |