Civic Intelligence

The Foundation Fund

990 • Fiscal year 2024 • EIN 87-4457570

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 15, 2025

Organization Profilewww.thefoundationohio.com
2 Easton Oval Ste 510Columbus, OH 43219

(312) 371-0844

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

53rd percentile

5.7%

Higher net margin than 53% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$146,388

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

64th percentile

9.7%

Faster asset growth than 64% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

105%

Faster revenue growth than 91% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$4,373,352

Up $385,822 (+9.7%) from 2023

Net Assets

Up

$4,373,352

Up $385,822 (+9.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin53rd percentile

Revenue

Up

$6,741,501

Up $3,453,235 (+105%) from 2023

Expenses

Up

$6,355,679

Up $5,340,584 (+526%) from 2023

Net Income

Down

$385,822

Down $1,887,349 (-83%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2022: $1,851,859Liabilities 2022: $137,500Net Assets 2022: $1,714,3592022Assets 2023: $3,987,530Liabilities 2023: $0Net Assets 2023: $3,987,5302023Assets 2024: $4,373,352Liabilities 2024: $0Net Assets 2024: $4,373,3522024

Highlighted filing

2024

Assets$4,373,352
Liabilities$0
Net Assets$4,373,352
Open 2024 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Revenue 2022: $2,402,676Expenses 2022: $688,317Net Income 2022: $1,714,3592022Revenue 2023: $3,288,266Expenses 2023: $1,015,095Net Income 2023: $2,273,1712023Revenue 2024: $6,741,501Expenses 2024: $6,355,679Net Income 2024: $385,8222024

Highlighted filing

2024

Revenue$6,741,501
Expenses$6,355,679
Net Income$385,822
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.0
Gross Receipts
$6,741,501
Mission and Program Overview

Mission

THE Foundation exists to help community charities. We do this by raising their profile and awareness to help them forge even stronger community partnerships and ultimately raising revenue. Our primary activities include providing brand ambassadors at no cost to the nonprofits. We provide access to Ohio State football and basketball players as brand ambassadors, setting up events that allow the nonprofits to tell their story and reach more people. Additionally, we provide our brand ambassadors to connect with the charities' constituents, helping them increase their profile and providing value to the charities at no cost. Additionally, we seek to forge long-term partnerships with the charities and brand ambassadors.

THE Foundation was built to help local charities by partnering with our brand ambassadors and leveraging their name, image, and likeness to help promote their mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,987,530$4,373,352▲ $385,822
Pledges and Grants Receivable$3,250,000$4,038,963▲ $788,963
Cash and Non-Interest-Bearing Accounts$737,530$334,389▼ $403,141
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,987,530$4,373,352▲ $385,822
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,987,530$4,373,352▲ $385,822
Total Liabilities and Net Assets / Fund Balance$3,987,530$4,373,352▲ $385,822
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Cardale JonesVice ChairmanPT$146,388$146,388

Board Members and Trustees

NameTitle
Brian SchottensteinChairman
Michael GogisTreasurer and Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Caleb DownsProvided brand ambassador services to support local nonprofit organizations.515 W 5th Avenue, 546, Columbus, OH 43201$1,083,333
Bruce ThorntonProvided brand ambassador services to support local nonprofit organizations.535 Irving Schottenstein Dr, Columbus, OH 43201$532,300
Tyleik WilliamsProvided brand ambassador services to support local nonprofit organizations.535 Irving Schottenstein Dr, Columbus, OH 43210$300,000
Julian SayinProvided brand ambassador services to support local nonprofit organizations.535 Irving Schottenstein Drive, Columbus, OH 43210$250,000
-Provided brand ambassador services to support local nonprofit organizations.535 Irving Schottenstein Drive, Columbus, OH 43210$242,000
Revenue and Support

Revenue Composition

Contributions and Grants
$6,712,410
Program Service Revenue
$0
Investment Income
$29,091
Other Revenue
$0
All Other Contributions
$6,581,655
Change in Net Assets
$385,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,209,291
Total Fundraising Expense$844,809
Salaries, Compensation, and Employee Benefits$146,388
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$5,330,030$0$518,835$5,848,865
Advertising--$325,974$325,974
Current Officers, Directors, Trustees, and Key Employees$131,749$14,639$0$146,388
Fees for Services Management$20,651$2,295-$22,946
Travel$2,788--$2,788
Fees for Services Accounting-$1,500-$1,500
Office Expenses-$360-$360
Total Functional Expenses$5,485,218$25,652$844,809$6,355,679
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Board members review the 990 before filing and compare the numbers to amounts presented in board and committee meetings, as well as bank balances, donor receipts, and a general understanding of the organization and its activities as a whole.”

Form 990, Part VI, Section B, Line 12C

“Yes. The organization regularly and consistently monitored and enforced compliance with the policy by requiring annual written disclosures from officers, directors, and key employees; maintaining records of any potential conflicts; and having the board or a designated committee review and address any disclosed or suspected violations. Compliance is documented in board meeting minutes and reviewed annually.”

Form 990, Part VI, Section B, Line 15

“We have not paid any board member or director from our beginning in 2022 through the middle of 2023. In 2024, based on the amount of work required from one director as he assumed the role of General Manager, the other members of the board met independently, conducted a compensation survey, and agreed by independent vote on the compensation for this role. The amount of compensation was less than market rate for the position.”

Form 990, Part VI, Section C, Line 19

“Made available upon request to the informational email on our website or to anyone requesting it directly from a board member.”

Filing and Contact Details

Filer

Filer Name
Foundation Fund
EIN
87-4457570
Phone
3123710844
Address
2 EASTON OVAL STE 510, COLUMBUS, OH 43219

Signing Officer

Name
Michael Gogis
Title
Treasurer
Phone
3123710844
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Schottenstein
Formed
2022
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
102

Preparer

Firm
Impact Quotient
Address
1475 W Oak St Unit 614, Zionsville, IN 46077
Preparer
Michael Gogis
Phone
3123710844
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IRS990/Desc0We provided brand ambassadors to raise awareness, increase the profile, and help raise resources for the following community nonprofit partners: LifeTown, Buckeye Cruise for Cancer, A Kid Again, After-School All-Stars, Boys and Girls Club, Big Brothers Big Sisters, USO, Nationwide Children's Hospital, and the Columbus Urban League. We had over one hundred student-athlete brand ambassadors serving multiple charity partners. Our premiere event was our Summer Gala in August. We partnered with Buckeye Cruise for Cancer to help raise awareness for the James Cancer Hospital. The brand ambassadors spent quality time, signing autographs, throwing the football, and having conversations about leadership. We also had many appearances at Lifetown where our brand ambassadors worked with the kids who would go there to learn life skills. Many of these kids come from under-resourced backgrounds and some are mentally handicapped. Our brand ambassadors volunteered in each simulated store such as a bank, art store, movie theatre, pet shop, doctor's office, and salon. They taught the kids how to budget money, talk to a doctor, and use art in therapeutic ways. The kids love having the brand ambassadors around and they visit multiple times a year. Our Co-founder Cardale Jones had a charity softball game raising money for Ohio State's The James Cancer Center. Our brand ambassadors attended the game, signed autographs, and interacted with cancer patients. It was a meaningful experience for everyone who attended. We have also had the Boys and Grisl Club and USO visit our brand ambassadors during practice. We had a football free kids football camp as well hosted by THE Foundation and our brand ambassadors played football with kids who are underprivileged. Many of our brand ambassadors visit the Nationwide Children's hospital on a frequent basis and they worked with the kids during The Memorial Golf Tournament at a golf clinic with Jack Nicklaus. We also hosted a Summer Big Brothers Big Sisters basketball shootout with our brand ambassadors. During Christmas, we had a gift-wrapping and delivery project by our brand ambassadors to kids who are terminally ill through the A Kid Again charity partner. This was a great way for our brand ambassadors to get out in the community and put a smile on many kids' faces. Our programs have already helped so many kids who, despite their struggles, look up to our brand ambassadors and we give them the opportunity to be together. Our brand ambassadors also love this experience as well. In addition to serving the nonprofit partners, we teach our brand ambassadors business and life skills including branding, marketing, accounting, contracts, taxes, and the importance of giving back to their community. Our ultimate mission is to forge life-long relationships between our brand ambassadors and our charity partners creating a lifetime of impact.
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IRS990/MissionDesc0THE Foundation exists to help community charities. We do this by raising their profile and awareness to help them forge even stronger community partnerships and ultimately raising revenue. Our primary activities include providing brand ambassadors at no cost to the nonprofits. We provide access to Ohio State football and basketball players as brand ambassadors, setting up events that allow the nonprofits to tell their story and reach more people. Additionally, we provide our brand ambassadors to connect with the charities' constituents, helping them increase their profile and providing value to the charities at no cost. Additionally, we seek to forge long-term partnerships with the charities and brand ambassadors. In 2024, we partnered with an LLC to handle any business deals that were not within our exempt purpose to continue to ensure all activites through THE Foundation are according to our exempt purpose.
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IRS990/PYTotalExpensesAmt01015095
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03288266
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0385822
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0130755
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06712410
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03987530
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04373352
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0130755
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt066051
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt01078459
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01275265
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt012833173
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt029091
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt029091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt029091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt066051
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01078459
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03718087
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt012833173
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06741501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03718087
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02402676
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012862264
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board members review the 990 before filing and compare the numbers to amounts presented in board and committee meetings, as well as bank balances, donor receipts, and a general understanding of the organization and its activities as a whole.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Yes. The organization regularly and consistently monitored and enforced compliance with the policy by requiring annual written disclosures from officers, directors, and key employees; maintaining records of any potential conflicts; and having the board or a designated committee review and address any disclosed or suspected violations. Compliance is documented in board meeting minutes and reviewed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2We have not paid any board member or director from our beginning in 2022 through the middle of 2023. In 2024, based on the amount of work required from one director as he assumed the role of General Manager, the other members of the board met independently, conducted a compensation survey, and agreed by independent vote on the compensation for this role. The amount of compensation was less than market rate for the position.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Made available upon request to the informational email on our website or to anyone requesting it directly from a board member.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt04373352
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025652
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05485218
IRS990/TotalFunctionalExpensesGrp/TotalAmt06355679
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IRS990/TotalOtherProgSrvcRevenueAmt00
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IRS990/TotalProgramServiceRevenueAmt00
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IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt029091
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06741501
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0102
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04373352
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02788
IRS990/TravelGrp/TotalAmt02788
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02 Easton Oval
IRS990/USAddress/AddressLine2Txt0Ste 510
IRS990/USAddress/CityNm0Columbus
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043219
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.thefoundationohio.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Gogis
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03123710844
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0874457570
ReturnHeader/Filer/PhoneNum03123710844
ReturnHeader/Filer/USAddress/AddressLine1Txt02 EASTON OVAL STE 510
ReturnHeader/Filer/USAddress/CityNm0COLUMBUS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043219
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Impact Quotient
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01475 W Oak St Unit 614
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Zionsville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,373,352
Liabilities
$0
Net assets
$4,373,352
Revenue
$6,741,501
Expenses
$6,355,679
Net income
$385,822
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.37$0.00$4.37$6.74$6.36$0.39
2023Detailed filing. Detailed filing data is available for this year.$3.99$0.00$3.99$3.29$1.02$2.27
2022Detailed filing. Detailed filing data is available for this year.$1.85$0.14$1.71$2.40$0.69$1.71