Oregon State University Foundation

“Organization's Process to Review Form 990 - After preparation and thorough review by the organization's Controller, CFO, tax accountants, and legal counsel, a draft of the Form 990 is distributed to the Audit Committee for full review and comment. Once approved by the Audit Committee, the final Form 990 is made available to all voting members of the Board of Trustees via our secure site. The trustees are then given the opportunity to ask questions about the Form 990. After considering all the review procedures above, the tax return is timely filed with the IRS.”

“The Foundation has formal policies and procedures in place for annually documenting potential conflicts of interest among its governing body. At the beginning of each fiscal year, the organization's conflict of interest policy and code of ethics are sent to all new and returning trustees. Each trustee is asked to acknowledge receipt by returning a signed form indicating that they have read, understand, and agree to abide by these documents. Additionally, trustees must disclose in writing any potential conflicts of interest pertaining to Foundation business. All signed responses and disclosures become part of the Foundation's official records, and the full board is provided a list of individuals who declare potential conflicts. Throughout the fiscal year identified conflicts are monitored to ensure decisions remain unbiased and are compliant with governance and regulatory expectations.”

“Compensation Process for Top Official: The OSU Foundation Board of Trustees, through its committee structure, oversees the development of the President/CEO's annual work plan and monitors progress and performance against established goals. Monthly meetings between the Executive Committee and the President/CEO ensure close and frequent monitoring of the organization's performance and the leadership of its top executive. Additionally, the Compensation Committee of the board performs periodic review of the top executive's compensation, which includes benchmarking of peer institutions' compensation structures. In FY25 the Compensation Committee obtained an independent opinion on the reasonableness of compensation paid to the CEO, as well as the remainder of the leadership team.”

“Compensation Process for Other Officers and Key Employees: The compensation of the organization's other officers and key employees is reviewed on an annual basis. The employee's immediate supervisor oversees the development of an annual work plan and monitors progress and performance against established goals. In FY25 the Compensation Committee obtained an independent opinion on the reasonableness of compensation to all members of the leadership team.”

“Any forms requested through a public request are provided as hard copies and mailed to the requestor.”

“The organization's governing documents, conflict of interest policy, and IRS Forms 990 and 990-T are made available to the public upon request. Additionally, annual audited financial statements and information regarding endowment holdings are available to the public on the organization's website.”

“Other Revenue - Miscellaneous Sales - Total Revenue: 4147, Related or Exempt Function Revenue: 4147, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0;”

“(Expenses $ 17,218,019 including grants of $ 0)(Revenue $ 1,041,096) See Schedule O, Statement 1 EXPENSES: 50400 - Recognition and Awards - $258,398 50550 - Land Improvements - $76,989 50700 - Equipment - $745,866 50800 - Computer Hardware - $58,829 50850 - Computer Software - $253,973 51100 - Telephone/VOIP - $889 51155 - Cell Phone Charges - $5,112 51175 - Internet\Network Expenses - $1,382 51200 - Postage & Mailing\Shipping Services - $163.553 51700 - Supplies - $664,653 51750 - Books, Periodicals & Subscriptions - $234,521 51775 - Database Services - $4,717 51800 - Minor Equipment - $511,531 52400 - Interest - $178,055 52550 - Maintenance & Repair - Equipment - $43,952 52600 - Maintenance & Repair - Building - $515,813 52650 - Maintenance & Repair - Grounds - $20,049 52700 - Maintenance & Repair - Janitorial - $14,586 52800 - Maintenance & Licensing - Software - $23,198 52900 - Maintenance & Repair - Miscellaneous - $12,135 53500 - Publishing\Printing - $157,803 54100 - Payroll - $2,156,415 54150 - Payroll - Student - $669,008 54160 - Payroll - Overtime - $3,882 54170 - Payroll - Temporary - $12,900 54800 - Payroll Recruiting - $70 54900 - Payroll - Other - $1,540,628 55050 - Professional - Legal - $138 55300 - Professional - Consulting Services - $8,250 55325 - Professional - Marketing Services - $42 55390 - Professional - Other - $858,081 55400 - Services - Insurance - $4,892 55410 - Services - Advertising - $8,564 55417 - Services - Photography - $19,426 55420 - Services - Video Multimedia Production - $7,880 55430 - Services - Appraisal Fees - $7 55490 - Services - Other - $837,190 55650 - Rentals & Leases - Building - $187,069 55700 - Rentals & Leases - Equipment - $572,163 55850 - Rentals & Leases - Computer Software - $4,400 55950 - Rentals & Leases - Miscellaneous - $130,813 56400 - Licenses and Permits - $7,671 56510 - Travel - $586,558 56530 - Non Employee Travel - Students and Guests- $1,763,467 56550 - Registration Fees - Events - $42,801 56570 - Conferences - $438,133 56600 - Public Relations\Entertaining - $2,090,050 56607 - Business Meetings - $792,167 56608 - Staff Training - $76,486 56610 - Events - Catering - $201,037 56612 - Events - Shuttle - $9,265 56616 - Events - Room Setup\Staging - $61,057 56617 - Events - AV Rental - $38,340 56618 - Events - Entertaining - $149 56619 - Events - Give Away Items - $12,809 56630 - Donor Cultivation\Stewardship - $2,428 56650 - Tickets - Athletics & Events - $22,243 56700 - Dues and Memberships - $89,636 57150 - Utilities - Electric - $15,540 57300 - Utilities - Garbage - $360 TOTAL EXPENSES- $17,218,019 REVENUE: OBN Meals - $559,370 Registrations - $363,069 Conferences/Seminars - $18,494 Memberships/Sponsors/ - $38,163 Services - $62,000 TOTAL REVENUES - $1,041,096”

“Professional - Other - Total Expense: 2244252, Program Service Expense: 2009800, Management and General Expenses: 60389, Fundraising Expenses: 174063; Events - Total Expense: 2158733, Program Service Expense: 322658, Management and General Expenses: 559258, Fundraising Expenses: 1276817; University Endowment Distribution - Total Expense: 1938677, Program Service Expense: 0, Management and General Expenses: 1938677, Fundraising Expenses: 0; Equipment - Total Expense: 1888446, Program Service Expense: 1888305, Management and General Expenses: 0, Fundraising Expenses: 141; Endowment Earnings Distributions - Total Expense: 1194707, Program Service Expense: -27936516, Management and General Expenses: 29131223, Fundraising Expenses: 0; Maintenance & Repairs - Total Expense: 1161877, Program Service Expense: 1150287, Management and General Expenses: 11577, Fundraising Expenses: 13; Services - Other - Total Expense: 1050003, Program Service Expense: 879910, Management and General Expenses: 146687, Fundraising Expenses: 23406; Rentals & Leases - Total Expense: 955343, Program Service Expense: 771994, Management and General Expenses: 35, Fundraising Expenses: 183314; Recognition and Awards - Total Expense: 375338, Program Service Expense: 349978, Management and General Expenses: 19208, Fundraising Expenses: 6152; Donor Cultivation - Total Expense: 321114, Program Service Expense: 24671, Management and General Expenses: 634, Fundraising Expenses: 295809; Books, Periodicals & Subsctiptions - Total Expense: 263325, Program Service Expense: 249473, Management and General Expenses: 4987, Fundraising Expenses: 8865; Capital Improvements - Total Expense: 250664, Program Service Expense: 250664, Management and General Expenses: 0, Fundraising Expenses: 0; Dues and Memberships - Total Expense: 213743, Program Service Expense: 127715, Management and General Expenses: 29991, Fundraising Expenses: 56037; Staff Training - Total Expense: 207409, Program Service Expense: 96391, Management and General Expenses: 79605, Fundraising Expenses: 31413; Payroll Recruiting - Total Expense: 55727, Program Service Expense: 70, Management and General Expenses: 55179, Fundraising Expenses: 478; Internet/Network Expenses - Total Expense: 31694, Program Service Expense: 16091, Management and General Expenses: 15586, Fundraising Expenses: 17; Taxes - Total Expense: 18182, Program Service Expense: 1166, Management and General Expenses: 17016, Fundraising Expenses: 0; Utilities - Total Expense: 17528, Program Service Expense: 16160, Management and General Expenses: 1368, Fundraising Expenses: 0; Licenses and Permits - Total Expense: 15875, Program Service Expense: 8295, Management and General Expenses: 721, Fundraising Expenses: 6859; Life Insurance Premiums - Total Expense: 13352, Program Service Expense: 13352, Management and General Expenses: 0, Fundraising Expenses: 0; Trustee Board & Committee Expenses - Total Expense: 6656, Program Service Expense: 0, Management and General Expenses: 6356, Fundraising Expenses: 300; Interfund Transfers - Total Expense: 406, Program Service Expense: 0, Management and General Expenses: 406, Fundraising Expenses: 0; Fines and Penalties - Total Expense: 3, Program Service Expense: 0, Management and General Expenses: 3, Fundraising Expenses: 0; Endowment Transfers - Total Expense: 0, Program Service Expense: 3592495, Management and General Expenses: -3592495, Fundraising Expenses: 0; Executive Grant Transfers - Total Expense: 0, Program Service Expense: -860318, Management and General Expenses: 860318, Fundraising Expenses: 0; Transfers - Total Expense: -160486, Program Service Expense: -705780, Management and General Expenses: 545294, Fundraising Expenses: 0; Administrative Gift Fees - Total Expense: -313392, Program Service Expense: 2644923, Management and General Expenses: -2644923, Fundraising Expenses: -313392; Realized Endowment Losses - Total Expense: -495475, Program Service Expense: 0, Management and General Expenses: -495475”

“and expanding the university's role as a catalyst for economic growth across Oregon.”