The Ojc Fund
The Ojc Fund reported $469.3 million in revenue and $458.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $99.08 went to program services, $0.74 to management and general costs and $0.18 to fundraising. Its largest source of revenue was contributions and grants: 99.3% of the total. The highest compensation it reported for one person was $921,329 (PRESIDENT, CO-CEO, & CFO). 2 people received more than $100,000 in reportable compensation. Revenue rose 479% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $458MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $469MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 99.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $921,329 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.20% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 2 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 3 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseOur responsibility is to serve our fundholders who have entrusted US with their charitable dollars. We take this responsibility very seriously and are dedicated to treating our fundholders with the utmost integrity and respect. Our donors have the opportunity to recommend how their charitable contributions are allocated to the various charitable organizations. We honor our commitment to fundholders by providing services that make their charitable giving administratively efficient, economically advantageous, and personally rewarding. These include: simplifying the grantmaking process so that…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT, CO-CEO, & CFO Director/trustee, officer, 40.00 hrs/week | $895,495 | $0 | $25,834 | $921,329 |
| SECRETARY, TREASURER, CO-CEO, & COO Director/trustee, officer, 40.00 hrs/week | $825,633 | $0 | $31,747 | $857,380 |
2 people received more than $100,000 in reportable compensation from The Ojc Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 512
- Volunteers Part I, line 63
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PROFESSIONAL SYSTEMS DESIGN LLC Software maintenance | $701,666 |
| JW GROUP INC Sales & promotion services | $492,500 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
92 private foundations reported grants to The Ojc Fund totaling $10M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Ojc Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Ojc Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Ojc Fund spent in FY2025, $99.08 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Art Institute of ChicagoChicago, IL · revenue $464M · programs 89.1% · FY2025
- University of Nebraska FoundationLincoln, NE · revenue $479M · programs 81.1% · FY2025
- Berklee College of MusicBoston, MA · revenue $460M · programs 81.6% · FY2025
- KIPP TexasHouston, TX · revenue $479M · programs 91.9% · FY2025
- The Rockefeller UniversityNew York, NY · revenue $458M · programs 84.1% · FY2025
Questions people ask
How much of The Ojc Fund's spending goes to programs?
In the fiscal year ending June 30, 2025, The Ojc Fund reported that 99.1% of its $458.3 million in expenses went to program services, 0.7% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does The Ojc Fund pay its top executive?
The largest total compensation The Ojc Fund reported for one person in the fiscal year ending June 30, 2025 was $921,329, for the role of PRESIDENT, CO-CEO, & CFO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Ojc Fund get its money?
Of $469.3 million in revenue in the fiscal year ending June 30, 2025, 99.3% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is The Ojc Fund a registered charity?
The IRS lists EIN 11-3618879 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349308922 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349314057 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349313111 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321169349300917 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349309832 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140329349300509 · read the filing
All filings for EIN 11-3618879: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.