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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.

Legal name: Ohio Foundation of Independent Colleges Inc
EIN 31-4441082 · Snapshot of IRS recognition, filing currency, financial health, and governance.
Grantmaking Charity
Pays 64% of its spending as grants (latest Form 990).
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.
Principal Officer
William Spiker
Total Revenue
$5.4M
FY2024
Total Expenses
$5.0M
FY2024
Net Assets
$8.2M
Program Ratio
78.8%
expenses on programs
Employees
11
Volunteers
65
Board Members
74
Voting
74
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.