The Ozarka College Foundation was organized in October of 1991. It is a separate entity from the College and has its own board of directors.
The members of the Foundation board are elected by the Foundation board and serve five-year terms. Nominations for election to the board may be made either by Foundation board members or members of the College's Board of Trustees. The President of Ozarka College, the Vice President for Finance and Administration, and President of the Ozarka student council are ex officio members and entitled to all privileges and rights of membership, except voting.
The Ozarka College Foundation is a not-for-profit tax-exempt charitable foundation to assist with the development and enhancement of programs and facilities at the College by encouraging gifts of money and property and by managing these gifts so as to maintain or increase their value, with all endeavors focusing on expanded educational opportunities for and service to the College's students and community.
Two of the Foundation's main fund-raising activities are the Spring Gala and the golf tournament which takes place each fall.
In October of 2001, a development office was established to support the Foundation. A faculty/staff fund drive was "kicked-off" in the fall of 2001 and is a continuing campaign each year.
The objective of the Foundation is to develop a planned giving program for donors interested in supporting the college. In addition, Foundation members serve in a public relations capacity to represent Ozarka College in their individual communities.