Information for Donors
The Promise Lives Campaign
Ohio University has embarked on The Promise Lives Campaign, the boldest fundraising initiative in Ohio University's history. It already has secured $485 million against its $450 million goal to advance the University's outstanding academic and research initiatives, student-life experience, campus environment and other objectives based on Ohio University's core principles and most notable strengths. The Promise Lives also is allowing the University to mobilize and engage Ohio University's loyal alumni, volunteers, and donors in new and innovative ways, as well as create a new environment for alumni and student involvement that will lead to generations of renewed support for the University.
The Ohio University Foundation, then known as The Ohio University Fund, was incorporated in October 1945 and was granted 501(c)(3) status as a non-profit organization by the Internal Revenue Service in 1955. Contributions to The Ohio University Foundation are tax deductible to the extent provided by law.
Public Recognition of Donors
Ohio University is grateful for the support it receives from alumni, parents and friends. Public recognition of support is frequently expressed through honor rolls that may be in electronic or printed forms. If you prefer that your name not be listed in an honor roll or recognition vehicle, please contact Donor Relations at 740.593.2486 if you have not already done so.
Investment and Management of Endowed Funds
Gifts to The Ohio University Foundation are managed in accordance with the Uniform Prudent Management of Institutional Funds Act (“UPMIFA”) adopted by the State of Ohio on June 1, 2009. UPMIFA provides guidance to charitable organizations for the management and investment of endowment funds. Spending authority for endowment accounts not underwater will be the product of a 4 percent spending rate and a 36-month moving average of fair market value. These accounts will also be subject to a 2 percent administration fee. Should market performance result in an unsustainable change in available spending, the Investment Committee of The Ohio University Foundation Board of Trustees will address altering the spending rate accordingly. In the event that endowed accounts are underwater, spending will be restricted to an amount equal to 1 percent of the 36-month moving average of fair market value. These accounts will not be assessed the administration fee.
For additional information regarding the Disclosure Statement, please contact Donor Relations at 740.593.2486. Ohio University reserves the use of discretion in these stated matters.