2024-11-14T14:46:17-07:00 2023-12-31 Impact Quotient 1475 W Oak St Unit 614 Zionsville IN 46077 990 2023-01-01 874457570 THE FOUNDATION FUND FOUN 3123710844 2 EASTON OVAL STE 510 COLUMBUS OH 43219 Michael Gogis Treasurer 3123710844 2024-11-11 1 1 Michael Gogis P00848552 3123710844 2024-11-07 X 2023 2024-10-15 13:58:12Z BRIAN SCHOTTENSTEIN 2 EASTON OVAL SUITE 510 COLUMBUS OH 43219 3288266 0 X www.thefoundationohio.com X 2022 OH THE Foundation was built to help local charities by partnering with our brand ambassadors and leveraging their name, image, and likeness to help promote their mission. 3 3 0 101 0 0 2402676 3280587 0 0 0 7679 0 0 2402676 3288266 0 0 0 0 0 69656 0 0 252864 688317 945439 688317 1015095 1714359 2273171 1851859 3987530 137500 0 1714359 3987530 THE Foundation exists to help community charities. We do this by raising their profile and awareness to help them forge even stronger community partnerships and ultimately raising revenue. Our primary activities include providing brand ambassadors at no cost to the nonprofits. We provide access to Ohio State football and basketball players as brand ambassadors, setting up events that allow the nonprofits to tell their story and reach more people. Additionally, we provide our brand ambassadors to connect with the charities' constituents, helping them increase their profile and providing value to the charities at no cost. Additionally, we seek to forge long-term partnerships with the charities and brand ambassadors. In 2024, we partnered with an LLC to handle any business deals that were not within our exempt purpose to continue to ensure all activites through THE Foundation are according to our exempt purpose. 0 0 737087 0 3280587 We provided brand ambassadors to raise awareness, increase the profile, and help raise resources for the following community nonprofit partners: LifeTown, Buckeye Cruise for Cancer, A Kid Again, After-School All-Stars, Boys and Girls Club, Big Brothers Big Sisters, USO, Nationwide Children's Hospital, and the Columbus Urban League. We had over fifty student-athlete brand ambassadors serving multiple charity partners. Our premiere event was our Summer Gala in August. We partnered with Buckeye Cruise for Cancer to help raise awareness for the James Cancer Hospital. The brand ambassadors spent quality time, signing autographs, throwing the football, and having conversations about leadership. We also had many appearances at Lifetown where our brand ambassadors worked with the kids who would go there to learn life skills. Many of these kids come from under-resourced backgrounds and some are mentally handicapped. Our brand ambassadors volunteered in each simulated store such as a bank, art store, movie theatre, pet shop, doctor's office, and salon. They taught the kids how to budget money, talk to a doctor, and use art in therapeutic ways. The kids love having the brand ambassadors around and they visit multiple times a year. Our Co-founder Cardale Jones had a charity softball game raising money for Ohio State's The James Cancer Center. Our brand ambassadors attended the game, signed autographs, and interacted with cancer patients. It was a meaningful experience for everyone who attended. We have also had the Boys and Grisl Club and USO visit our brand ambassadors during practice. We had a football free kids football camp as well hosted by THE Foundation and our brand ambassadors played football with kids who are underprivileged. Many of our brand ambassadors visit the Nationwide Children's hospital on a frequent basis and they worked with the kids during The Memorial Golf Tournament at a golf clinic with Jack Nicklaus. We also hosted a Summer Big Brothers Big Sisters basketball shootout with our brand ambassadors. During Christmas, we had a gift-wrapping and delivery project by our brand ambassadors to kids who are terminally ill through the A Kid Again charity partner. This was a great way for our brand ambassadors to get out in the community and put a smile on many kids' faces. Our programs have already helped so many kids who, despite their struggles, look up to our brand ambassadors and we give them the opportunity to be together. Our brand ambassadors also love this experience as well. In addition to serving the nonprofit partners, we teach our brand ambassadors business and life skills including branding, marketing, accounting, contracts, taxes, and the importance of giving back to their community. Our ultimate mission is to forge life-long relationships between our brand ambassadors and our charity partners creating a lifetime of impact. 0 0 0 737087 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Impact Quotient 3123710844 1475 W Oak St Unit 614 Zionsville IN 46077 Cardale Jones Vice Chairman 30 0 X X X X 69565 0 0 Brian Schottenstein Chairman 30 0 X X X 0 0 0 Michael Gogis Treasurer and Secretary 4 0 X X X 0 0 0 69565 0 0 0 0 0 0 0 0 0 0 66051 0 3214536 0 3280587 0 7679 7679 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3288266 7679 0 0 X 0 0 0 0 0 0 0 0 69656 52242 17414 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 746588 618862 127726 63907 63907 7730 7730 127214 65983 61231 1015095 737087 25144 252864 414359 737530 1437500 3250000 1851859 3987530 137500 0 137500 0 X 0 0 0 0 1714359 3987530 1714359 3987530 1851859 3987530 2273171 0 0 0 0 0 X 0 0 0 X 2402676 3718087 6120763 0 0 0 2402676 3718087 6120763 1078459 66051 1144510 0 0 0 1078459 66051 1144510 4976253 0 0 0 2402676 3718087 6120763 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part VI, Section B, Line 11b All board members are asked to review and follow up with questions. Additionally, an independent external CPA firm was engaged to review the 990. Form 990, Part VI, Section B, Line 12c Annual conflict of interest form is distributed, collected, and reviewed, requiring disclosure of any potential conflicts of interest. Additionally, all significant transactions are accompanied by a verbal and email follow up ensuring no conflicts of interest are present. Form 990, Part VI, Section B, Line 15 Compensation paid to the one board member who served as General Manager of THE Foundation was approved in a meeting of the Finance Committee of the Board and excluded the involvement of the Board Member who received compensation. External data sources were reviewed and it was determined that the amount of compensation was appropriate and below market rate compensation for similar positions in similar sized organizations. Form 990, Part VI, Section C, Line 19 We have an informational email on our website that allows anyone to email and request information. When someone emails, the request is forwarded on to the Treasurer who fulfills each request via email in a timely manner. Form 990, Part IX, Line 11g Brand Ambassadors were paid for services in furtherance of our exempt purpose. These services included appearance fees, speaking fees, promotion of nonprofit partner fees as well as engaging with our nonprofit partners. All of the program service accomplishments as described in Part III were accomplished by these Brand Ambassadors. In addition, the Brand Ambassadors indirectly help raise funds for us, so we allocated a percentage of their costs to fundraising. All contracts were based on fair market value of individual Brand Ambassadors. Form 990, Part IX, Line 24e Programming and production expenses to faciliate program activities and raise awareness of our organization.