Public Charity

THE OHIO FOUNDATION OF INDEPENDENT COLLEGES

THE OHIO FOUNDATION OF INDEPENDENT COLLEGES, of WESTERVILLE, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.4M in revenue, $5.0M in expenses, $8.8M in total assets. 113 publicly reported grants to this organization, totaling roughly $3.1M, appear in IRS filings.

EIN: 314441082 WESTERVILLE, OH Fund Raising & Fund Distribution NTEE: B12 Latest filing: 2025
Total Revenue$5.4M
Total Expenses$5.0M
Total Assets$8.8M
Grant Records113
Funding Total$3.1M
Filing Years2021–2025

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.

Where $100 goes at The Ohio Foundation of Independent Colleges

How The Ohio Foundation of Independent Colleges divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$75 Programs the work itself
$9 Management running the organization
$16 Fundraising raising the next dollar

Inside the $75 for programs

$68
Administer and carry out successful scholarship programs
91% of program spending
$4
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…
6% of program spending
$3
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
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Aaron Williams
TRUSTEE Adam Weinberg
TRUSTEE Alan Miciak
TRUSTEE Anne Mccall
CHAIR Barbara Britenriker
TRUSTEE Bear Monita

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$2,027,044 78 grants
General Support
$1,046,377 29 grants
Training & Professional Development
$20,000 1 grant
Fundraising & Sponsorship
$350 1 grant
Unspecified
$50,300 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.4M $5.0M $8.8M
2024 $4.4M $4.1M $7.6M
2023 $4.5M $4.3M $7.6M
2022 $4.2M $3.7M $7.1M
2021 $4.4M $4.6M $10.0M

Between 2021 and 2025, reported annual revenue grew from $4.4M to $5.4M (+25%), with total assets most recently reported at $8.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE OHIO FOUNDATION OF INDEPENDENT COLLEGES

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