$2.6M in expenses

Administer and carry out successful scholarship programs - the ohio scholars program and scholarship management resources - that provide cash distributions to colleges and universities for student scholarships and awards. These funds not only provide financial assistance for students, but also offer ohio's business and industry with an opportunity to cultivate future leaders and employees. These distributions include financial aid and special program grants for college campus activities. As an extension of this program, OFIC conducts annual job fairs - the careerfest and the accounting careerfest - programs that allow students to meet and interview with OFIC donor companies and other interested participants.

$270K in expenses

Establish a strong volunteer network of business/industry and college/university professionals to conduct an annual solicitation program that provides unrestricted distributions to ohio independent colleges and universities. Unrestricted contributions to OFIC are distributed in entirety to the 33 OFIC-member colleges and universities in accordance with a distribution formula that requires 60% of the total to be divided equally and 40% of the total to be based upon each member's full-time and full-time equivalent undergraduate enrollments. This is an important source of financial support for our members, allowing them to apply it to areas of greatest need and enabling them to rely on sources other than just tuition to support costs associated with providing an accessible, quality education.

$163K in expenses

Coordinate and facilitate collaborative programs designed to help ohio's independent colleges and universities conserve costs and improve operating efficiencies, as well as coordinate and implement programs designed to bring education and business together for specific purposes such as minority recruitment/retention, student advancement/access to higher education.