the ohio StAte univeRSity FoundAtion

2010 AnnuAl RepoRt

July 1, 2009 ‑ June 30, 2010

2 2010 A nnuAl R epoRt

 Students and visitors explore the new Ohio Union on opening day, March 29, 2010.
More than 1,200 donors came together to raise over $7 million for the project.

the ohio StAte univeRSity FoundAtion 1

O hio State’s time is now. We are a confident, strong University of bold
innovation, vast imagination, great commitment, and unlimited
promise. I am filled with unparalleled optimism: for our University’s future;
for our mission of discovery; for the students we teach and nurture; for our
alumni, partners, and friends; for our communities, our state, and our nation.

In the midst of significant global economic challenges, we are fortunate to

have steadfast supporters who believe in Ohio State. As the nation’s most
comprehensive University, we are uniquely poised to turn students into
leaders, research into progress, and ideas into realities. It is private giving, as
always, that powers those life-changing achievements.

In moving the University forward, we maintain our strong sense of purpose

and our momentum toward the institution’s larger principles—effective
collaboration and active engagement that change the world. At the end of
each day, we ask ourselves what we have done to advance Ohio State’s great
potential. With your help, we achieve exciting results. And, together, we are
creating the University of the American Dream.

Your investment and involvement are critical to the institution’s remarkable

progress. And I can assure you this: We never lose sight of the fact that you
are the catalyst turning these possibilities into realities.

Sincerely,

E. Gordon Gee
President
The Ohio State University

2 2010 A nnuAl R epoRt

 Above, Gordon Gee and Brutus Buckeye make guest appearances as
students and staff perform a “flash mob” (a seemingly impromptu
group performance) at the new Ohio Union in May. The crowd-
pleasing dance was choreographed by Ohio State students
and became a YouTube sensation. Enjoy the YouTube video at:
www.youtube.com/user/TheOhioUnion
At left, Ohio State students show their Buckeye pride atop Yosemite
National Park’s Half Dome.

the ohio StAte univeRSity FoundAtion 3

Buckeyes show Their LoyaLTy
Philanthropic Receipts by Purpose*
$215,448,385

E very year, Ohio State relies increasingly on private

-donations to provide the highest-quality
educational and research opportunities for
Unrestricted University
and Unit Discretionary
5%
our students and faculty. In fiscal year 2010,
144,016 alumni and friends gave more than Program Support
$215 million to Ohio State. Buckeyes 21% Student Financial
Support
continue to demonstrate loyalty that is 17%
second to none.
Faculty and
Your faith in Ohio State means Staff Support Physical Facilities
everything to this great institution. 4% Operation and
Maintenance
Thank you. 6%
—John B. Gerlach, Jr.
Chair, The Ohio State University Foundation
Board of Directors

Research
Philanthropic Receipts by Donor Type 47%

Number of Donors
Alumni 65,302 $38,980,865
Non-Alumni 71,401 30,414,484
Corporations & Corporate Foundations 4,719 81,846,083
Private Foundations 822 28,576,809
Associations & Other Organizations 1,772 35,630,144
Total Donors/Philanthropic Receipts 144,016 $215,448,385 Private Grants
38%

Philanthropic Receipts by Gift Type

Cash & Securities $78,505,440
Real Estate 382,051 Endowment
16%
Gifts-in-Kind 4,864,784
Pledge Receipts 33,310,869
Revocable Planned Gift Receipts 15,219,843
Irrevocable Planned Gift Receipts 437,479
Private Grants 82,727,919 Current Use
Total Philanthropic Receipts $215,448,385 46%

Total Number of Donors and Philanthropic Receipts

FY06 115,723 Donors $212.4 M

FY07 121,177 Donors $229.4 M
FY08 115,914 Donors $242.5 M
FY09 119,048 Donors $242.7 M
FY10 144,016 Donors $215.4 M

* Philanthropic receipts include outright gifts, pledge payments, planned gift payments, and charitable grants. New pledge
balances and new deferred gift balances are no longer included in The Ohio State University Foundation Annual Report.

4 2010 A nnuAl R epoRt

T he Long-Term Investment Pool (LTIP) of The Ohio State
University, which you helped build, finished a strong year in
fiscal year 2010. The year started three months after the equity
markets had bounced off the bottom and experienced a strong
upsurge throughout much of the fiscal year. That reversed again
over the last two months of the year when markets retrenched,
taking the luster off of what had been a superior 12-month
period. Our portfolio finished the year with an investment
return of 15.5%, which significantly exceeded our benchmarks.
We believe that when all of the University returns are tabulated,
Ohio State will have finished in the top quartile of our peer
group. This is ahead of the plan we set at the formation of the
Investment Office in 2008. We look to continue to build on the
efforts we have made so far to provide above-market returns
from the portfolio within a risk-controlled framework.
The new asset allocation that was put in place at the start of the
fiscal year worked well for us. We were able to reduce overall
Jonathan Hook (left) with Geoffrey Chatas, who was appointed
Ohio State’s senior vice president for Business and Finance
and chief financial officer in February 2010.
the ohio StAte univeRSity FoundAtion
portfolio risk yet earn a good return and maintain a safe amount
of liquidity to safeguard against another market meltdown. We
continue to rebuild the LTIP with the underlying principles of
combining better long-term returns and better risk management
for sustained growth.
Fiscal year 2011 will undoubtedly be challenging again for the
investing markets. Multiple headwinds are present which will
make investing profits difficult to earn in the upcoming year.
Our team is focused on being exceptional stewards of the funds
which are entrusted to us. We assure you that we will work
extremely hard to provide another good return for the LTIP.
We appreciate working for this great University, and we look
forward to continuing to grow this pool for the benefit of all
Ohio State Buckeyes.
—Jonathan D. Hook
Vice President and
Chief Investment Officer
Geoffrey S. Chatas
Geoffrey S. Chatas was appointed senior vice president
for Business and Finance and chief financial officer of
The Ohio State University in February 2010.
Mr. Chatas came to Ohio State from JP Morgan Asset
Management where he was a managing director.
Prior to JP Morgan, Mr. Chatas spent most of his
career focused on the energy and aviation sectors.
As CFO at Progress Energy, he was responsible for
corporate development, including asset acquisition
and disposition. At American Electric Power (AEP),
he was responsible for corporate and project finance
and directed investments in infrastructure assets
in North America, Europe, and Asia. Mr. Chatas
oversaw the financial aspects of AEP’s investments in
infrastructure assets including electricity generation
and distribution assets in the United Kingdom,
the United States, and Australia. Prior to joining
AEP, Mr. Chatas worked in the banking industry.
Mr. Chatas earned a bachelor of arts in economics
from Georgetown University, a master's degree
from Oxford University, and a master of business
administration from INSEAD, an international
business school in France.
5
The BesT
O hio State has been named
by Foundation & Endowment
Money Management as the “Best Total Returns for Fiscal Year 2010
Large Non-Profit of the Year,” 20%
an award that encompasses all 15.5% 14.4% 5.9% 9.5%
15%
endowments and foundations 10%
with endowment funds in excess 5%
of $1 billion. Nominees and winners 0%
are selected by the editors of -5%
Foundation & Endowment Money Ohio State S&P 500 MSCI Barclays
Management newsletter—a leading Long-Term Index EAFE Capital U.S.
Investment Index Aggregate
publication covering the business Pool Bond Index
of U.S. non-profit investing—with
input from subscribers and industry
professionals.

Historical Long-Term Investment Pool Distribution

FY85 $8 Millions of Dollars
FY90 $16
FY95 $27
FY00 $46
Current Asset Allocation Model FY05 $64 $14 $78
as of June 30, 2010 FY09 $67 $25 $92
FY10 $66 $34 $100

Inflation Gifted Endowment Long-Term Operating Pool

Hedges
11.6%

Return Market
Enhancers Exposure
17.6% 37.4% Long-Term Investment Pool
Market Value & Distribution by Designated Use
(Gifted Endowment Funds Only) as of June 30, 2010

Risk FY10 Distribution % of Total Distribution

Reducers
Chairs, Professorships
33.4% $17,714,785 26.8%
& Eminent Scholars

Public Service 1,347,711 2.0%

Scholarships, Fellowships
17,934,648 27.2%
& Loans

Research 7,850,847 11.9%

Administrative Support 4,846,829 7.3%

General Educational
16,349,911 24.8%
Support & Libraries

Total $66,044,731 100.0%

See Endowed Funds insert for further explanation of endowed funds management, accounting, and reporting.

6 2010 A nnuAl R epoRt

unresTricTed GiVinG Unrestricted
University
and Unit
Flexible Funds Keep Ohio State Strong
Discretionary
Each year, thousands of alumni and friends of The Ohio State 5%
University make contributions to the colleges, causes, and $11.9M
campuses to which they feel a connection.

In addition to this targeted support, Ohio State also relies on an

annual base of unrestricted and discretionary funds to support
a wide variety of University, college, and unit programs, special
projects, new research initiatives, and individual students.

The University Fund is a primary example of this annual un-

restricted support, providing Ohio State with the flexibility to
address unexpected opportunities and respond immediately to areas
of greatest need as determined by the University president and provost.
University Fund gifts allow Ohio State to provide a world-class, affordable
education and to sustain excellence in the classroom, in the laboratory, and in
campus and community collaborations.

In fiscal year 2010, University Fund distributions supported scholarships and fellowships, student
leadership and alumni programs, facilities, research, and faculty and staff enrichment.

“I believe that unrestricted giving is an important element of my philanthropy to The Ohio State
University because I respect the judgment of President Gee and Provost Alutto to know the greatest
needs of our University community,” said Martin Murrer (BS, 1979, Business Administration),
vice chair of The Ohio State University Foundation Board of Directors. “Unrestricted gifts create a
powerful resource for positive and necessary change at the University.”

Gifts entrusted to The University Fund help make Ohio State a global leader in higher education and
research, as well as the vibrant, vital institution beloved by Buckeyes around the world.

Martin Murrer
(BS, 1979, Business
Administration)
Vice Chair
The Ohio State University
Foundation Board of Directors

the ohio StAte univeRSity FoundAtion 7

coLLaBoraTinG for sTudenT success

I t’s 3 a.m. during finals week and

the lights are still on inside The
Younkin Success Center. That’s
The Younkin Success Center is a partnership between the
Offices of Academic Affairs and Student Life, the Department
of Athletics, and the College of Education and Human Ecology.
because this 60,000-square-foot All undergraduate and graduate students can come to The
facility, which recently celebrated Younkin Success Center to access these resources that support
ten years of collaboration centered their Ohio State education.
on student needs, is open 24/7—a
quiet study retreat and source of According to David Graham, director of Student-Athlete
help when students need it most. Support Services, “The Younkin name has become synonymous
with student success at Ohio State. Having student-athlete
Irene Younkin with son The Younkin Success Center was services integrated into larger university student services is rare
Ronald, left, and Ohio State named in honor of the late Floyd compared to other institutions, and the collection of so many
Athletic Director Gene Smith Younkin, thanks to a lead gift from
at the inaugural Oval Society his family, including Irene, his
celebration.
wife of nearly 60 years. According
to Irene Younkin, Floyd believed
strongly that our future depends on the education of young
people. A gift focused on helping Ohio State students achieve
academic success was a meaningful way to honor Floyd's life
and their family’s passion for Ohio State.

Irene and Floyd Younkin, both natives of Pickaway County,

Ohio, started their family business during World War II.
Their business began as an enterprise to provide temporary
housing for soldiers arriving in Columbus for training at Fort
Hayes and Lockbourne Air Force Base. Although the Younkins
anticipated that the demand for the housing they offered would
be eliminated once the war was over, the opposite turned out
to be true. In response to an increasing demand for permanent
housing following the war, they established Greenlawn Trailer
Sales in 1947. Today, three generations of the Younkin family
work together at Greenlawn Homes providing permanent
affordable housing and a welcoming community for many
families throughout Central Ohio.

Several members of the Younkin family attended Ohio State,

and all have a longstanding love of Buckeye football. Floyd and
Irene’s son, Ronald, recalls missing only three home football
games since 1950.

Department of Athletics staff members introduced the

Younkins to the University idea for a team approach to student
support. The family’s subsequent gift created The Younkin
Success Center, which opened in 2000 and has provided
thousands of students with academic support, counseling, and
career planning services.

The Younkin Success Center, 1640 Neil Avenue, provides

Ohio State students with academic support, counseling, and
career planning services.

8 2010 A nnuAl R epoRt

important resources under one roof has made all the difference
in the lives of students—student-athletes and non-athletes
alike.”

Irene Younkin is proud of the Center that honors her late

husband’s philosophy about the importance of investing in
young people. She recalls the day a bank employee recognized
her name on a check and asked if she was related to the people Physical Facilities
whose name was on The Younkin Success Center at Ohio State. Operation and
Irene smiles as she remembers the encounter. “I was so proud Maintenance
when this young woman told me that her Younkin Success Center 6%
experiences changed her life.” $13.5M

Inside The Younkin Success Center

• More than 1,000 students participate in First-Year
Experience Success Series workshops offered by the
Walter E. Dennis Learning Center.

• All enrolled students are eligible for ten free

counseling sessions per academic year from
Counseling and Consultation Services, which
includes a staff of psychologists, psychiatrists,
professional counselors, and social workers.

• Currently enrolled students are eligible for the

free services from Career Connection, including
individual and group career counseling, an optional
career development class, and job search assistance.

• Faculty and graduate teaching assistants can learn

of new resources to strengthen their teaching from
workshops offered by the University Center for the
Advancement of Teaching.

• More than 900 student-athletes from 37 athletic

teams have access to designated academic
counselors through the Student-Athlete Support
Services Office.

the ohio StAte univeRSity FoundAtion 9

LecTureship reaLizes donor’s dream

T he late Captain Forrest Biard, USN (Ret.), (MS, 1953,

Physics), whose hobbies included photography, translating
Japanese history books, and studying astro-particle and
quantum physics, was an extraordinary member of the Buckeye
family. Natural curiosity and passion for learning were hallmarks
of his life.

After proving to be a linchpin in the Allied victory in World

War II, Biard came to Ohio State to pursue a master’s degree in
physics. “Few people realize how near the United States came
to defeat in the early months of the war in the Pacific,” says
Lieutenant Jon Houp, USNR (Ret.), a close friend of Biard’s.
“Many historians believe the Japanese would have prevailed had
it not been for an elite group of naval officers working in the
basement of the 14th Naval District Administration Building

Above is one of Captain Forrest Biard's favorite photos, taken while on

the Island of Cyprus during WWII.

in Honolulu.” Biard was among these officers, cryptanalysts,

Captain Biard's legacy is named for his parents, R. Jack and Forest
Lynn Biard, shown here surrounded by their children on Forrest's
(first row, center) first trip home from Annapolis. “I owe everything
to my parents,” he said.
and crypto-linguists who deciphered the Japanese code book,
allowing the U.S. and its allies to win the Battle of Midway and
go on to victory in the war. In his book, Double-Edged Secrets,
Captain Jasper Holmes wrote, “Had I not witnessed it, I never
would have believed that any group of men was capable of such
sustained mental effort, under such constant pressure, for such
a length of time.”

At Ohio State, Biard studied magnetic resonance, the technology

eventually developed into Magnetic Resonance Imaging (MRI).
At the time, Biard did not know how his research would be
used, but was sure of its importance. Biard’s education was
interrupted when he was again called to serve his country as
the operations officer for the first hydrogen bomb test. He later
returned to Ohio State and completed his master’s degree in
physics in 1953.

Although his time at Ohio State was a brief part of his rich history,
Captain Biard chose to leave his legacy at Ohio State through
a bequest to establish The R. Jack and Forest Lynn Biard
Lecture Series in Astro-Particle Physics Fund (honoring
Friends and family gather with Captain Biard (seated, center) for his
90th birthday celebration in Dallas, Texas.

10 2010 A nnuAl R epoRt

his parents) and The Captain Forrest R. Biard Undergraduate
Research Scholarship Fund in Physics. Sherry Poston, Biard’s
stepdaughter, remembers Biard as a “humble, unassuming
man who believed in his country, in education, and in giving
back.” Biard’s generosity to Ohio State promotes in others his
fundamental thirst for knowledge.

The 2009 Biard Lecture included a screening of BLAST!, which Faculty and
follows cosmologist Dr. Mark Devlin and his team of scientists Staff Support
on an adventure from Arctic Sweden to Canadian polar bear
4%
country. The group launched a revolutionary telescope under a
$7.6M
NASA high-altitude balloon to explore the formation of the galaxies.
Physics Department Chair James Beatty hails the Biard Lectureship
as “a wonderful opportunity to bring the excitement of this research to
Central Ohio.”

BLAST! conveyed “the kind of adventure we encounter daily in our research in a

compelling way,” says Dr. Beatty. He adds, “Captain Biard’s gift reflects the sense of adventure and
service with which he lived his very full and fascinating life.”

When asked what Biard would think about last year’s lecture, Poston said, “He would have been
astounded but not surprised.” She notes that Biard was “always one to think outside the box.” The
BLAST! project and film exemplified innovation sparked by the natural curiosity that Captain
Biard held dear.

The annual lectureship includes both academic and public events, realizing Biard’s dream that the
University and community at large see the universe and learning as he did—limitless.

The BLAST! screening in the Physics Research Building Atrium was brought to The Ohio State University
through the R. Jack and Forest Lynn Biard Lecture Series in Astro-Particle Physics Fund.

the ohio StAte univeRSity FoundAtion 11

 GrowinG a LeGacy
On the bank of the Whetstone River, Trella Romine (right) and Colleen Garland, assistant vice president, University Development,
admire snowdrops at Terradise, Romine’s picturesque woodland home near Caledonia, Ohio.
F or 94 years, Trella Romine has been growing things, and
she’s not about to stop now. In fact, Marion County’s grande
dame of history and horticulture recently planted $50,000 at The
Ohio State University at Marion in a new “portable” scholarship
with the intent of growing young minds for generations to
come. It’s a story of lives intertwined through a love of nature,
music, and history.
As a child during the Depression, Trella watched her father grow
gladiolus flowers in vacant lots around Marion. They became so
popular, the family began selling the showy blooms from their
front porch in the mid 1930s. That led to a business in Marion,
Hemmerly’s Flowers & Gifts, which Trella eventually operated.
The Depression that sparked an interest in horticulture also
kept Trella from attending college. But it didn’t keep her from
learning, reading, writing, and following a passion for history.
A founding member of the Marion County Historical Society,
Trella has written five books on local history and helped edit 15
more.
In 1953, Trella and her second husband, Ray Romine, bought 18
acres near Caledonia, Ohio—picturesque woodland bisected by
the Whetstone River that, further south, becomes the Olentangy
River flowing gently through the Ohio State Columbus Campus.
Trella and Ray called the property “Terradise”—their own piece
of heaven on earth.
Within a year, however, Ray Romine would succumb to cancer,
leaving Trella with two children from her first marriage and 18
12
acres of land to maintain. Enter Howard Howser, her son’s former
school band instructor. Howard had cared for his aging mother
until her death, and then found himself without a place to live
once the family farm was sold in the estate settlement. Trella
had a spare room and a lot of gardening to be done. Howard
found stability and a renewed purpose under her roof. The
partnership was not romantic—Trella didn’t have time for that.
Her children were now grown; she had the family business to
run and 18 acres to oversee. Trella managed Howard’s accounts
and taxes. He provided the labor and care Terradise demanded.
Their partnership lasted 20 years—a true symbiosis.
Howard Howser lived out his years peacefully at Terradise.
He died in 1993 and left his worldly possessions—a checking
account and savings bonds—to his longtime friend, Trella
Romine.
As she did so many years before with her father’s gladiolus
flowers, Trella nurtured Howard’s funds and used them to grow
those things closest to her heart. She has created endowments
to benefit the Marion County Historical Society and to care for
the portion of Terradise which she has since turned into a public
nature preserve.
In the 1970s, Trella encouraged biologist and Professor Larry
Yoder at the Ohio State Marion campus to examine grasses
adjacent to the railroad tracks running near her home. They
turned out to be remnants of the tall grass prairie that once
covered much of Ohio. She and Professor Yoder collected seeds
and established an 11-acre prairie preserve on Ohio State’s
2010 A nnuAl R epoRt

Marion Campus—used today as a living laboratory by scores of
biology and botany students. Trella used more Howser dollars
to help establish a fund to care for the prairie, The Ohio State
University Marion Campus Prairie Nature Education
Center Endowment. A new shelter house on the preserve will
be named in her honor.
And, within the last year, Trella completed her commitment to
establish the Trella Hemmerly Romine/Howard W. Howser
Endowed Scholarship Fund that can be used at the Marion campus
or move with students to the Columbus campus or other Ohio State
facilities. “I wanted to give students the chance I didn’t get to attend
college,” she said. The first of the Romine/Howser scholars should arrive
at Ohio State Marion in the fall of 2011—nurtured by the green thumb
of Trella Romine.
Promoting Service and Leadership:
The Harold I. Richard Scholarship
N ancy Hutchison Richard (BS, 1958, Human Ecology)
remembers the day her fiancé, Harold “Hal” Richard (BS,
1959, Agricultural Education), agreed to take over the vegetable
farm where he worked while substitute teaching. “Now I’m
marrying a farmer!” she thought. But the Richard family would
travel far beyond the farm during Hal’s four decades of advocacy
for American farmers.
These days, Nancy travels annually from her home in Iowa
to The Ohio State University to meet undergraduates as they
compete for scholarship opportunities, including the Harold
I. Richard Agricultural, Environmental, and Development
Economics Scholarship. Created in
Hal’s memory in 1999 with generous
gifts from the Farmers Commodities
Corporation, Nancy, and family and
friends, Hal’s scholarship has distributed
$60,000 to 20 scholars over 10 years,
with two additional scholars beginning
studies this autumn.
Nancy looks for charisma, foresight,
leadership, and initiative in these
Allison Specht scholars; qualities that served Hal well
(BS, 2005, Agriculture; as the American Soybean Association’s
MS, 2007, Agricultural European director in Belgium, and
Economics)
as president and CEO of the Farmers
Commodities Corporation (now FCStone Group Inc.), one of
the largest corn and soybean traders on the Chicago Board
of Trade.
the ohio StAte univeRSity FoundAtion
Student Financial
Support
17%
$36.5M
Allison Specht (BS, 2005, Agriculture;
MS, 2007, Agricultural Economics)
understands the importance of carrying
forward Hal’s legacy. Allison grew up
a fourth generation Buckeye on her
family’s dairy farm in Tuscarawas
County. She was awarded the Harold I.
Richard Scholarship in 2001.
“When I met Mrs. Richard that day, I
was shaking from sheer gratitude and The late Hal Richard
(BS, 1959, Agricultural
humility. Someone believed in me, my
Education) and wife
dreams, and what I could contribute to Nancy (BS, 1958,
the agricultural field,” she said. “From Human Ecology)
that point on, I felt a great responsibility
to the Richard family. I wanted to prove
to be a worthy investment.”
The Richard Scholarship allowed Allison to focus on studies
and leadership activities, including the John Glenn School of
Public Affairs’ Washington, D.C., Internship Program. Today
Allison serves America’s farm, ranch, and rural families as an
economist with the American Farm Bureau Federation, and she
is an active member of The Ohio State University Alumni Club
of Greater Washington, D.C.
“Receiving the Harold Richard scholarship was truly one of the
most humbling experiences of my life,” Allison affirms. “It is
now my responsibility to ‘pay forward’ and help other Buckeyes.”
13
oLd friends make new music
I f the buzz in Central Ohio
sounds more melodic lately,
you can thank Jack (PhD, 1984,
The Johnstones also support the Contemporary Music Festival
through the School of Music Advancement Fund, helping to
bring internationally-acclaimed composers—Augusta Read
Music) and Zoe Johnstone. They Thomas (2010), Jennifer Higdon (2009), Osvaldo Golijov
are putting the music they love (2008), and Gunther Schuller (2007) to name a few—to campus
in the spotlight at Ohio State and as featured artists. During the festival, Ohio State music
around Columbus. students are immersed in the resident composer’s body of work,
transcending traditional classroom learning.
Jack and Zoe, longtime friends of
the arts in Central Ohio, founded Jack and Zoe offer music students another rich learning
the Johnstone Fund for New Music experience with the Johnstone Woodwind Master Series.
Jack (PhD, 1984, Music) at The Columbus Foundation in Each year, the School of Music pays tribute to one of the five
and Zoe Johnstone 2008. New music is a genre that the woodwind instruments with a weekend of events including a
Johnstones “prefer not to define… celebratory concert, a student composition competition, a teacher
though it is in the continuum of so-called classical music.” award, the premiere of a commissioned work, and master classes
Instead, they want people to be creative and imaginative about with a guest artist. Bassoonist Arthur Weisberg (2006), flutist
music. The Johnstone Fund commissions new works, helping Robert Aitken (2007), clarinetist D. Stanley Hasty (2008), and
musicians and composers stretch their limits. To introduce new oboist Joseph Robinson (2009) were guest artists in past years;
music to wider audiences, the compositions are performed for this year’s guest artist is saxophonist Joseph Lulloff.
the first time in a community setting.
Donald Harris, director of the Contemporary Music Festival
In May 2010, the Johnstone Fund sponsored a well-attended and former dean of the College of the Arts, says Jack and Zoe’s
concert of contemporary classical music in Columbus’ Goodale partnership with the School of Music began in 2000 with the
Park. The New Music Collective, an ensemble of Ohio State Johnstone Graduate Award for Excellence in Musicology.
student and faculty musicians, performed a selection of 20th At the School’s Honors Convocation, Harris mentioned the
and 21st century compositions. Guest artists Carpe Diem need for an award in musicology. That conversation led to the
String Quartet premiered Central
Ohio composer Mark Lomax’s
String Quartet. When they
began the Fund for New Music,
the Johnstones envisioned just
such community collaboration:
local composers and musicians
promoting the growth of new
music and its audience.

In the fund’s latest project, Jack

and Zoe have commissioned
works from four Ohio State
faculty composers. A School
of Music ensemble will debut
the works at each of the next
four Ohio State University
Contemporary Music Festivals.
The 2011 Festival will feature the
first of these new works, a piece
for The Ohio State University
Wind Symphony by Professor Jan
Radzynski. Works by Professors
Donald Harris, Marc Ainger, and
Thomas Wells will premiere in
subsequent years.
Members of New Music Collective and Carpe Diem String Quartet in concert at Goodale Park

14 2010 A nnuAl R epoRt

 Program Support
21%
very first Johnstone endowment at Ohio State, which awards a $45.2M
graduate musicology student for scholarly achievement and
supports student research.

The Johnstones are committed to invigorating the learning

experience at the School of Music, especially through financial
support for students. Their desire to help Ohio State music
students began during Jack’s days as a doctoral candidate
studying musicology in the early 1980s. Twenty years later, they
established their first endowment. Jack and Zoe continue to give Program Support
because they “really appreciate the energy and creativity of the 39%
faculty and students” at the School of Music. What’s their goal in
giving? “Excitement!”

Honoring the Human-Animal Bond

Grief is like being lost. The familiar things we relied on to live each day are gone.
—From Coping with the Loss or Death of a Companion Animal
by Jennifer Brandt, MSW, LISW, PhD

On a Saturday in June 2010, 130 people gathered quietly on the campus of The Ohio State University
Veterinary Medical Center, each grieving the loss of a companion animal. They shared experiences and
listened as veterinary residents and staff discussed the importance of acknowledging and honoring the
human-animal bond.

This was the second annual Companion Animal Remembrance Ceremony, part of The Ohio State
University Veterinary Medical Center’s Honoring the Bond Program, a unique outreach service
made possible in part through an endowment created in 2004 by the Schoedinger family, providers of Randy Schoedinger
funeral services in Central Ohio for more than 150 years. (MBA, 2001)
CEO
“When my family began Schoedinger Pet Services, we witnessed the strength of the bond between Schoedinger & Co.
people and their animals,” said Randy Schoedinger (MBA, 2001), CEO of Schoedinger & Co. “We
regularly consoled and helped people heal while many around them didn’t understand the depth of the
loss. Through the innovative Honoring the Bond program at Ohio State, people with pets—and the
professionals who help them—are gaining a better understanding of that bond and how to help when a
loss occurs.”

Program Coordinator Joelle Nielsen (MSW, 1998) first learned about Honoring the Bond during the
terminal illness of her cat, Kino. Program founder Dr. Jennifer Brandt was a much-needed source
of solace and information, and Joelle knew she wanted to be part of the program. Today, Joelle is an
active member of Ohio State’s multi-disciplinary veterinary team, providing emotional support and
information for people facing a crisis in the life of a beloved pet.

Honoring the Bond also provides veterinary students with specialized training in communication skills
so critical to quality care. The program also serves as a field training/internship site for graduate social Joelle Nielsen
work students. (MSW, 1998), LSW
Honoring the Bond
Joelle sees herself as an advocate for people. “A big part of it is educating owners—helping them know program coordinator
what to expect, to explore different approaches and outcomes. And to know that what they are feeling
is normal and OK.”

the ohio StAte univeRSity FoundAtion 15

Buckeye Lady BeeTLe BLiTz

L ady beetles are more than cute little red

and black spotted bugs. Often referred to
as “ladybugs,” they are the official state insect
of Ohio and essential predators that munch
on soft-bodied crop and garden pests; nature’s
remedy for the pests that can get to our lettuce
and tomatoes before we do.

Lady beetle populations are declining throughout

the Midwest, and Mary Gardiner, assistant
professor of Agricultural Landscape Ecology
at Ohio State’s Agricultural Research and
Development Center (OARDC), wants to
know why. Native Ohio lady beetles have been
especially hard-hit by the decline. “The loss of
these species is a threat to our insect biodiversity,
and to the pest control these species provide,”
said Gardiner.

Harnessing the resources of 180 volunteers

throughout Ohio, Gardiner launched the
Buckeye Lady Beetle Blitz—a veritable bug
census—in summer 2009. Through this citizen-
science experiment, volunteers collect lady
beetles by placing sticky traps at home and
community gardens during one week in June
and another in August.

Buckeye Lady Beetle Blitz was started through an

OARDC SEEDS grant, which provides support
that allows researchers to develop the necessary
preliminary data that will help them secure
external funding.

“Donations have been absolutely critical to

this work,” said Gardiner. “They enable us to Ohio State researchers are working to determine why Ohio’s lady beetle
coordinate data from hundreds of volunteers, all populations are diminishing.
of which will ultimately have a direct impact on
Ohio agriculture.” She adds, “Especially in just
the second year of the project, when donations
come in, it feels like a huge vote of confidence—like someone A lady beetle identification card provided by the Buckeye Lady
outside the laboratory has noticed that this is important work.” Beetle Blitz program helps volunteers identify which of the many
species of native and introduced beetles they have found. As
“We don’t know why the populations of lady beetles are declining simple as it seems, there are nuances in the insects’ body shape,
in Ohio—whether it’s competition or predation from the exotic color, and number of spots that can make the identification
lady beetles species, changes in landscape or pesticide use,” a challenge. Some lady beetles, in fact, are no larger than a
explained Gardiner. “The data gathered through the Buckeye pinhead.
Lady Beetle Blitz program helps us understand the current
state of the lady beetle populations, and it will help provide Gardiner reviews the lady beetle samples that are returned to
answers for how we can improve their numbers, especially in her to verify the findings and analyze the data. From there,
agricultural areas.”

16 2010 A nnuAl R epoRt

she is able to piece together a bigger picture of the lady beetle
population in Ohio.

In the first year of the program, a mildew-eating lady beetle

native to Ohio was identified most often by Blitz volunteers.
This particular species is a farmer’s and gardener’s friend, as it
consumes a powdery mildew that can attack plants. Results from Research
the recent 2010 Blitz will augment these findings and help to guide 47%
the plans for conservation efforts. $100.7M

Top Ten in Research

Ohio State stands out among our country's top research universities in the breadth, scope, and excellence
of its research programs. Ohio State’s funded research programs contribute significantly to the University’s
more than $4 billion annual economic impact. The University's sheer size and depth make Ohio State a
leading force of innovation and change—locally, nationally, and globally.

• Ohio State currently ranks among the top ten U.S. public research institutions.

• Ohio State ranks second nationally in industry-sponsored research, based on research expenditure data
gathered annually by the National Science Foundation.

• Ohio State leads the country in the number of new fellows named by the American Association for the
Advancement of Science with 17 Ohio State faculty and staff recognized among the 2009 class.

• Ohio State houses more than 80 centers that gather researchers around a particular focus area, such as
The Ohio State University Comprehensive Cancer Center, the Byrd Polar Research Center (Ohio
State’s longest-standing center), and the Center for Lake Erie Area Research at Stone Laboratory.

• Ohio State faculty are leading science and innovation with world-class research in global climate
change, materials, infectious disease, cancer, electromagnetics, agbioproducts, and biomedical imaging.
Multidisciplinary teams from 14 different colleges combine expertise and perspective to address complex
technological and social issues.

• Strategic partnerships with business and industry help address global challenges; an example is Ohio
State’s participation in the State of Ohio's Third Frontier Program, an initiative to grow Ohio's expertise
in targeted high-tech economic sectors. Ohio State has more than 300 active partnerships with industries
around the nation and the world.

• 540 undergraduates presented 498 projects in the 15th Annual Richard J. and Martha D. Denman
Undergraduate Research Forum in May 2010. The Denman Forum showcases outstanding student
research and encourages all undergraduates to participate in research as a value-added element of
their education.

• The 24th annual Edward F. Hayes Graduate Research Forum was also held in May 2010. Co-sponsored
by the Council of Graduate Students, the Graduate School, and the Office of Research, the Hayes Forum
provides a significant professional development experience for graduate students, encouraging them to
share their research with the academic community and recognizing outstanding graduate scholarship.

the ohio StAte univeRSity FoundAtion 17

 New Endowed Funds
established July 1, 2009, through June 30, 2010
Office of Academic Affairs
The Ohio State University Alumni Club – Hawaii Scholarship Fund
Ethel Louise Armstrong Foundation Endowment Fund
Critical Difference for Women Endowed Scholarship Fund
Molly B. Demuth Memorial Scholarship Fund
Judith Fountain Critical Difference for Women Scholarship
Anita and Michael Goldberg, Rite Rug Company and its Founder,
Duke Goldberg, Endowment Fund for Wexner Center Children and
Family Programs
Leesa Hall and Donald M. Kurdziel Family Fund
Barton and Regina Holl Scholarship Fund
Alva L. Jones and Hester Murray Jones Scholarship Fund
Randy Kerns Endowed Scholarship Fund
MOWS Scholarship Fund
Joseph J. Murphy and Virginia R. Murphy Scholarship Fund
Samuel L. and Nancy L. Faulkner Ponn Land Grant Opportunity
Scholarship Fund
Margaret Weaver Schifter Scholarship Fund
Tri-County OSU Alumni Club Fund
Audrey and Robert White Scholarship Fund
College of Arts and Sciences
Brahms Fund
Robert P. Caren Family Endowment Fund
Chemistry Lecture Fund
Anna Rebecca and Robert H. Katz Endowment Fund
Large Binocular Telescope Operating Endowment Fund
Phyllis and Richard Leet Endowed Chair Fund in Chemistry
The Ohio State University Men’s Glee Club Alumni Fund
Leo A. and Estelle I. Paquette Faculty Research Fund
Leo A. Paquette Workshops in Organic Chemistry Fund
Randall Ripley Fund in Political Science
School of Earth Sciences Field Experience Travel Fund
Gary L. Sharpe Scholarship Fund in Geography
Sheldon Shore Lecture Fund in Chemistry
Stairway to Heaven Scholarship Fund
Department of Athletics
Donald and Betty Black Athletic Scholarship Fund
Bill and Gwen Buschman Athletic Scholarship Fund
Dayton Freight Athletic Scholarship Fund
Charles and Myrna Fazio Athletic Scholarship Fund
18
Dr. James R. Karpac Athletic Scholarship Fund
Anna Rebecca and Robert H. Katz Endowment Fund
Lauterjung Family Athletic Scholarship Fund
Jim and Suzanne McNulty Athletic Scholarship Fund
Shealy Family Athletic Scholarship Fund
STJ – ElSi Athletic Scholarship Fund
Thomas Family Basketball Fund
Chuck and Barbara Webb Athletic Scholarship Fund
Max M. Fisher College of Business
H. Keith Allen Family Unrestricted Endowed Fund
Cindy Coykendale Fund
Ruann F. Ernst and William C. Riffle Endowed Scholarship Fund
John and Bebe Finn MBA Scholarship Fund
Hrusovsky Family Excellence Award Fund
Harry T. Mangurian, Jr. Foundation Professorship Fund in Business
Stephen and Martha Mehallis Dean’s Innovation Fund
Randall C. and Peggy North Mosher Family Scholarship Fund
John A. Russell Chair for Communication Excellence
John A. Russell MBA Scholarship Fund
College of Dentistry
Dr. George D. Boston Endowed Diversity Scholarship Fund in Dentistry
Dental Class of 1971 Memorial Scholarship Fund
Dr. Randall Lonsbrough Family Endowment Fund
Dr. William J. Meyers Endowed Chair in Endodontics
Chester J. Rockey Endowment Fund
Dr. Ernest Svensson Lecture Fund
College of Education and Human Ecology
Margaret and Charles Evers Endowed Scholarship Fund for Education and
Human Ecology
Judy VanDemark Lindamood and Robert Lindamood Family
Scholarship Fund
Dale E. and Bernice E. Mansperger Endowment Fund for the College of
Education and Human Ecology
David and Donna Shreiner Endowed Fund for Family and Consumer
Science Education Scholarship Fund
College of Engineering
Robert W. Adams Memorial Scholarship Fund in Chemical and
Biomolecular Engineering
Daniel W. and Janet Schleppi Harmon Scholarship Fund
2010 A nnuAl R epoRt
Austin E. Knowlton Memorial Scholarship Fund Michael E. Moritz College of Law
Markworth-Woolley Scholarship Fund in Materials Science Frost Brown Todd Scholarship Fund
and Engineering Thomas E. Workman Scholarship Fund
Ross Family Scholars Fund
Hubert Schmidt Chair in Landscape Architecture College of Nursing
Keith and Jane Smith Engineering Excellence Fund Class of 1963 Endowed Nursing Scholarship Fund
Welding Engineering Alumni Scholarship Fund Anna Rebecca and Robert H. Katz Endowment Fund
Dr. Sylvia Anderson Price Scholarship Fund
College of Food, Agricultural, and Connie Hahn Sharpe Nursing Student Fund
Environmental Sciences
Birkenholz Leadership Award Fund Office of Student Life
Arley Duff Blankenship Memorial Fund at Stone Laboratory Sphinx Centennial Leadership Suite Endowment Fund
Clifton Kerns (C.K.) Elliott and Edward Oxley Elliott Undergraduate U.S. Bank Student Organization Endowment Fund
Leadership Endowment Fund
College of Optometry
Franklin County Farm Bureau Endowment Fund
The Spirit of ’76 Fund
Gordon E. Gatherum Memorial Fund
Edgar J. Grand Horticulture Scholarship Fund College of Pharmacy
Dan Kush Gwynne Conversation Area Educational Fund Gerald J. Hudec Scholarship Fund
Jonard Family Scholarship Fund Lloyd M. Parks and Irene M. Parks Professorship Fund
Dale E. and Bernice E. Mansperger Endowment Fund Dr. Popat N. Patil Endowed Scholarship Fund
Miami County 4-H Endowment Fund Ream Family Endowed Scholarship Fund
Wilbur V. and Frances L. Moore Memorial Scholarship Fund Norman J. Urestky Graduate Award Fund
L.H. and Beverly Newcomb Alpha Zeta Partners Study Abroad Fund The Suzanne Meyers Widing and Christopher G. Widing Scholarship Fund
OARDC Outlying Agricultural Research Stations Endowment Fund Regional Campuses
Ohio State Fair Hall of Fame Band and Choir Scholarship Endowment Fund
Kathleen Retzler Memorial 4-H Endowment Fund for Clermont County Lima Campus
Donald Schuerman Scholarship Fund Virginia I. Zirkle Scholarship Fund for The Ohio State University at Lima
Shelby County 4-H Endowment Fund Marion Campus
Stone Laboratory Tuition Reduction Fund Laurel K. Leffler Scholarship Fund
Roy Wallace Memorial Fund for Beef Center Student Herdsmen Lowe Family Scholarship Fund
Pat R. and Melena S. Whittington Undergraduate Teacher Education
Newark Campus
Scholarship Fund
Dr. Paul E. Panek Memorial Scholarship Fund
John Glenn School of Public Affairs
Major Ray Mendoza Endowed Scholarship Fund
College of Social Work
Dr. Carol J. Greco-Delaney Endowed Scholarship Fund
Major Ray Mendoza Endowed Scholarship Fund III
Kenneth E. and Lynette O. Hoehn Endowed Scholarship Fund
Arthur G. James Cancer Hospital
and Richard J. Solove Research Institute College of Veterinary Medicine
John M. Bowsher Memorial Fund Bil-Jac Veterinary Nutrition Scholarship Fund
Wendy Zuckerwise Ritter Endometrial Cancer Research Fund Dr. Neil Perrel Endowed Scholarship Fund
Dr. Earl O. and Karen O. Strimple Human Animal Bond Fund
College of Medicine and Office of Health
Sciences University Libraries
Ann Crowe Essig Patient Simulation Learning Lab Fund Anne and Ray Groves Rare Book Fund
Medical Class of 1969 Scholarship Fund in Medicine Bruce and Jane Walsh Endowed Fund
OSU Ultrasound Academy Fund
WOSU
Lynne Allen Wallace Scholarship Fund
American Electric Power Foundation Endowment
in Sports Physical Therapy
for the WOSU Digital Media Center Fund

the ohio StAte univeRSity FoundAtion 19

 THE OHIO STATE UNIVERSITY FOUNDATION THE OHIO STATE UNIVERSITY
BOARD OF DIRECTORS BOARD OF TRUSTEES

Chair Chair
John B. Gerlach, Jr. Leslie H. Wexner

Vice Chairs President Vice Chair

Ruann F. Ernst Dr. Andrew A. Sorensen Douglas G. Borror
Martin C. Murrer

William E. Arthur H. Frederick Krimendahl II Alan W. Brass

Patricia E. Aveni Cheryl L. Krueger John C. Fisher
John W. Berry Jr. William G. Lowrie Brian K. Hicks
Chih-Ming Chen John E. Lucks Jr. W. G. Jurgensen
Edwin M. Cooperman Robert E. Martini Linda S. Kass
Loann Crane Keith Monda Clark G. Kellogg
John W. Creighton Jr. Lou Ann Moritz Ransom Algenon L. Marbley
Samuel B. Davis W. Ray Persons Walden W. O’Dell
Susan Schottenstein Diamond Floradelle A. Pfahl Ronald A. Ratner
Jane Fawcett-Hoover Corbett A. Price Janet B. Reid
Barbara K. Fergus Robert F. Reusché Robert H. Schottenstein
Ray J. Groves David A. Rismiller Sr. Alex Shumate
Edward E. Hagenlocker Patricia A. Duke Robinson Jeffrey Wadsworth
Jole Harmon Ralph A. Rockow G. Gilbert Cloyd, Charter Trustee
Robert C. Hummel David J. Ryan Alexis L. Swain, Student Trustee
Edgar W. Ingram III John J. Schiff Jr. Brandon N. Mitchell, Student Trustee
William M. Isaac Betty F. Schoenbaum
Alexis A. Jacobs Jean R. Schottenstein
Charles Klatskin Barbara C. Trueman
James D. Klingbeil William D. Wells
David T. Kollat Iris S. Wolstein
Zell Kravinsky Robert L. Wright Jr.

Office of University Development Annual Report Coordination Photos

Dr. Andrew Sorensen, Senior Vice President Office of Donor Relations Courtesy of University donors, University
Special Assistant to the President for Advancement Cathy Carson, Associate Director Photography, University Development
Ann Parkinson, Manager Marketing Communications, college and
Floyd Akins, Senior Associate Vice President administrative units
Megan Laurent, Donor Reporting Specialist
Eileen Bertolini, Associate Vice President David Lewis, Coordinator, Financial Stewardship
Office of Donor Relations
Brian Hastings, Associate Vice President
Design Dana Booth, Senior Director
William Mountcastle, Associate Vice President
Brian Deep
Office of Marketing Communications
Contributing Writers: Vince McGrail, Senior Director
Jane Carroll Jenny Grabmeier, Director of Communications
Cathy Carson
Dave Claborn Acknowledgements
Alice Duncanson Special thanks to all those who helped compile
Amy Fair the information for this report including: Office
Marie Gibbons of Financial Services, Office of Investments,
Megan Laurent Fiscal Officers, Office of Student Financial Aid,
Amanda Smith and University Development staff.

See this report online at: www.giveto.osu.edu/2010foundationreport/

20 2010 A nnuAl R epoRt

 Endowment Opportunities
Support for Undergraduate Students
Merit Scholarships
Presidential Scholarship ......................................................................................$750,000
Medalist Scholarship ........................................................................................... $375,000
Maximus Scholarship ...........................................................................................$125,000
Morrill Scholarships
Distinction Scholarship ........................................................................................$750,000
Prestige Scholarship .............................................................................................$425,000
Excellence Scholarship ....................................................................................... $375,000
Access Scholarships
Land Grant Opportunity Scholarship ................................................................ $500,000
Student-Athlete Scholarships
Full Scholarship ..................................................................................................... $500,000
Tuition Scholarship ............................................................................................... $300,000
Athletic Scholarship ..............................................................................................$150,000

Support for Graduate and Professional Students

Named Student Funds
Graduate Fellowship ......................................................................................... $1,000,000
Graduate Award .................................................................................................... $500,000
Graduate Student Assistance Fund .....................................................................$50,000

Support for Faculty and Teaching

Named Faculty Funds
Dean’s Chair ........................................................................................................ $3,500,000
Chair ......................................................................................................................$2,000,000
Professorship ..................................................................................................... $1,000,000
Distinguished Visitor ............................................................................................ $ 600,000
Dean’s Leadership Fund .......................................................................................$100,000

Other Types of Support

Named Funds
Restricted Fund ........................................................................................................$50,000
Unrestricted Fund* ..................................................................................................$25,000

* Spending authority resides with the president, provost or dean.

the ohio StAte univeRSity FoundAtion 21

 Questions or comments may be directed to:
Office of Donor Relations
The Ohio State University
1480 West Lane Avenue
Columbus, OH 43221‑3938
Email: donorrelations@osu.edu
Phone (toll‑free) (800) 678‑6412
or (614) 292‑2441
22 2010 A nnuAl R epoRt