Fiscal Repository for Other Osage Efforts
The Osage Nation Foundation currently serves as the fiscal agent and fiscal repository for two projects related to the Osage Nation. They are the Bigheart Statue fund and the Dhegiha Language organization. In both cases, the Osage Nation Foundation receives and holds the funds in reserve on behalf of the organizations, thereby allowing donors to receive the benefit of a charitable tax deduction. These funds are reflected on the Osage Nation Foundation as reserve funds and liabilities to the Foundation. The most recent balance sheet for the Foundation, as of September 30, 2014, is provided below.