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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Ohio State Innovation Foundation

Ohio State Innovation Foundation

Fiscal year ending 2019. Filed on July 15, 2020.

1524 N High Street
Columbus, Ohio 43201

Ohio State Innovation Foundation (EIN: 46-0843878) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Ohio State Innovation Foundation, a 501(c)(3) charitable organization, reported compensation for 8 employees. Among the employees shown here, the average compensation is $387,254. The highest compensated employee at Ohio State Innovation Foundation is Michael Papadakis with fiscal year 2019 compensation of $750,224.

Revenue, expenses, and employee compensation

Revenue

$12,253,283

Expenses

$9,890,147

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Papadakis
Chair
$750,224
$0 $641,523 $108,701
Bruce McPheron
Director
$709,346
$0 $617,266 $92,080
Matt McNair
President THRU 8/4/18
$313,134
$0 $260,014 $53,120
Dj Nag
Vice President
$248,111
$0 $199,311 $48,800
R Scott Osborne
President FROM 8/4/18
$236,422
$0 $180,417 $56,005
Cheryl Turnbull
Treasurer
$230,500
$0 $197,355 $33,145
David Mess
Secretary FROM 9/18
$223,044
$0 $158,607 $64,437
Shruti Jha
Secretary THRU 9/18
$0

Benchmark Employee Compensation

Non-Employee Board Members

Chris Olsen
Director
Jim Terranova
Director
Ray Shealy
Director
Tim Wright
Director

Contractors

Meunier Carlin & Curfman LLC
Legal
$1,824,843
Computer Packages Inc.
Legal
$487,435
Vorys Sater Seymour and Pease LLP
Legal
$286,929
Thomas Horstmeyer LLP
Legal
$236,427
Michael Best & Friedrich LLP
Legal
$230,137

Mission Statement

OHIO STATE INNOVATION FOUNDATION ("OSIF") IS A NOT-FOR-PROFIT OHIO CORPORATION FORMED TO MANAGE INTELLECTUAL PROPERTY DEVELOPED AT OR CREATED BY THE OHIO STATE UNIVERSITY ("OSU") AND TO FACILITATE THE COMMERCIALIZATION OF SUCH INTELLECTUAL PROPERTY ("IP"). OSU IS THE SOLE MEMBER OF OSIF, AND A MAJORITY OF THE DIRECTORS ON THE OSIF BOARD OF DIRECTORS ARE REPRESENTATIVES OF OSU. OSIF HAS NO EMPLOYEES. THE OPERATIONS OF THE OSIF ARE CONDUCTED BY THE TECHNOLOGY LICENSING OFFICE OF THE OSU OFFICE OF INNOVATION AND ECONOMIC DEVELOPMENT, PURSUANT TO CONTRACT.

Revisions to this organization profile

May 12, 2025:
2024 Ohio State Innovation Foundation 990 filed
May 14, 2024:
2023 Ohio State Innovation Foundation 990 filed
May 12, 2023:
2022 Ohio State Innovation Foundation 990 filed

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