Oregon State University Foundation

Organization Overview

Oregon State University Foundation is located in Corvallis, OR. The organization was established in 1951. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Oregon State University Foundation employed 174 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon State University 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 06/2022, Oregon State University Foundation generated $272.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $128.6m during the year ending 06/2022. While expenses have increased by 4.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE OSU FOUNDATION PARTNERS WITH OREGON STATE UNIVERSITY TO ENGAGE OUR COMMUNITY, INSPIRE INVESTMENT, AND STEWARD RESOURCES TO ENHANCE THE UNIVERSITY'S EXCELLENCE AND IMPACT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS & OTHER STUDENT SUPPORT: THE OSU FOUNDATION DISTRIBUTED THESE AMOUNTS, IN ACCORDANCE WITH DONOR INTENT, TO THE UNIVERSITY IN FY22 TO SUPPORT STUDENTS THROUGH SCHOLARSHIPS, FELLOWSHIPS, AND OTHER AWARDS. THROUGH THE YEARS, DONORS HAVE CREATED OVER 2,200 UNIQUE SCHOLARSHIP AND FELLOWSHIP FUNDS OF VARIOUS TYPES AND AMOUNTS AT THE OSU FOUNDATION. THESE FUNDS HELP ENSURE THAT AN OSU EDUCATION IS ACCESSIBLE TO QUALIFIED STUDENTS, REGARDLESS OF ECONOMIC CIRCUMSTANCES, AND ALLOW THE UNIVERSITY TO RECRUIT AND RETAIN THE BEST AND BRIGHTEST STUDENTS FROM OREGON AND BEYOND.


CAPITAL PROGRAMS: THE OSU FOUNDATION DISTRIBUTED THESE AMOUNTS, IN ACCORDANCE WITH DONOR INTENT, TO THE UNIVERSITY, IN FY22, TO SUPPORT THE CONSTRUCTION OR RENOVATION OF CAMPUS FACILITIES. MAJOR PROJECTS IN FY22 INCLUDED: ARTS & EDUCATION COMPLEX, COMPLETION COSTS ON THE MARINE STUDIES BUILDING IN NEWPORT AND THE GARY R CARLSON VET MED BUILDING, RENOVATION OF GRAF HALL, RESER STADIUM - WEST SIDE RENOVATION, THE VALLEY FOOTBALL CENTER, OSU PRESIDENT'S RESIDENCE, GOSS STADIUM TROPHY & OMAHA ROOM ENHANCEMENTS, WOMEN'S BASKETBALL LOCKER ROOM RENOVATIONS, AND THE GYMNASTICS PRACTICE FACILITY.


INSTRUCTION AND RESEARCH: THE OSU FOUNDATION DISTRIBUTED THESE AMOUNTS, IN ACCORDANCE WITH DONOR INTENT, TO THE UNIVERSITY, IN FY22, TO SUPPORT TEACHING AND RESEARCH. WITH 173 ENDOWED FACULTY POSITIONS AT THE UNIVERSITY, DONORS TO THE OSU FOUNDATION PROVIDE CRITICALLY NEEDED PRIVATE FUNDS TO HELP RECRUIT AND RETAIN WORLD-CLASS TALENT IN THE CLASSROOMS AND LABS. DURING THE YEAR, FOUNDATION FUNDS HELPED SUPPORT OSU'S INTERNATIONALLY RECOGNIZED PROGRAMS IN MARINE SCIENCES, FORESTRY, AND AGRICULTURAL SCIENCES, AMONG OTHERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Levy Premium Food Service Lp
Catering
$307,149
Charles Schwab & Co Inc
Investment
$580,963
Evertrue Inc
Software
$525,059
Affirma Consulting Llc
Software
$222,540
Journal Graphics
Printing And Mailing Services
$363,516
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$193,084,030
Noncash contributions included in lines 1a–1f $27,215,879
Total Revenue from Contributions, Gifts, Grants & Similar$193,084,030
Total Program Service Revenue$1,577,600
Investment income $6,047,796
Tax Exempt Bond Proceeds $0
Royalties $8,044
Net Rental Income -$159,676
Net Gain/Loss on Asset Sales $57,185,699
Net Income from Fundraising Events $184,025
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $272,172,005

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Oregon State University Foundation has recieved totaling $95,000.

Awarding OrganizationAmount
Vf Foundation

Wilmington, DE

PURPOSE: TALENT DATABASE RESEARCH WITH BASECAMP OUTDOOR

$47,000
Mitchell Family Charitable Trust

Newberg, OR

PURPOSE: EDICATOP

$25,000
Giustina Foundation

Eugene, OR

PURPOSE: GENERAL PURPOSES

$10,000
Bing And Rachel Zhang Family Foundation

Wilmington, DE

PURPOSE: CHARITABLE FUNCTION

$5,000
Karen Alice Nilsen Olsen Charitable Foundation Inc

Parker, CO

PURPOSE: CREATING TRANSFORMATIVE STUDENT LEARNING EXPERIENCES

$4,000
Charles & Nancy Oden Luce Trust

Dallas, TX

PURPOSE: SCHOLARSHIPS FOR BOOKS &

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$817,382,079
Earnings-$59,594,419
Net Contributions$30,932,443
Other Expense$22,520,156
Grants$4,706,164
Ending Balance$761,493,783

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