Foundation Accounting

The Ohio University Foundation is responsible for the safeguarding and stewardship of philanthropic funds received for the benefit of Ohio University. This management includes the following functions:

• Receiving and depositing all contributions
• Establishing separate accounts and monitoring expenditures to ensure gifts are spent in accordance with donor intent
• Providing accounting and financial reporting services for the Foundation, as well as consolidating the Foundation’s financial activities with that of its subsidiaries
• Making information available for internal and external parties interested in the Foundation’s endowment, investment performance, and overall financial condition