OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION WAS ESTABLISHED TO RECEIVE, ADMINISTER, AND DISTRIBUTE FUNDS AND PROPERTY EXCLUSIVELY IN FURTHERANCE OF THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF OLD DOMINION UNIVERSITY.
Key facts about Old Dominion University Educational Foundation
- EIN
- 54-6052014
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $18,649,694
- Grants made (2024)
- 4
- Average grant
- $4,662,424
- Median grant
- $1,459,753
- Total assets
- $412,433,348
- Primary geography
- Virginia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Old Dominion University Educational Foundation funds
By grant dollars, the top recipient states for Old Dominion University Educational Foundation's 4 itemized 2024 grants were Virginia (100%). The most frequent recipient cities were Norfolk, VA (4 grants). None of its 4 grants with a stated purpose were described as general or operating support.
How Old Dominion University Educational Foundation gives
- Giving grew 49% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Old Dominion University Educational Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$412.4M
+10.0% YoY
Annual Giving
$18.6M
+35.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$4.7M
+35.0% YoY
About Old Dominion University Educational Foundation
Based on IRS filings
Old Dominion University Educational Foundation is a nonprofit organization focused on Education, based in Norfolk, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $412.4M in total assets. In 2024, it awarded 4 grants totaling $18.6M. Net investment income was $16.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $412,433,348 | $374,805,050 | $344,230,798 |
| Revenue | $45,608,493 | $33,777,034 | $28,545,693 |
| Expenses | $22,654,541 | $18,002,808 | $19,356,496 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $15,967,364 | $6,617,612 | $21,962,671 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Old Dominion University ($15,671,839), Old Dominion University Real Estate Fdn ($2,707,474), Old Dominion University Alumni Assoc ($212,031).
| Recipient | Purpose | Amount |
|---|---|---|
| Old Dominion University Norfolk, VA | To assist with the activities and objectives of the organization | $15,671,839 |
| Old Dominion University Real Estate Fdn Norfolk, VA | To assist with the activities and objectives of the organization | $2,707,474 |
| Old Dominion University Alumni Assoc Norfolk, VA | To assist with the activities and objectives of the organization | $212,031 |
| Old Dominion University Museum Fdn Norfolk, VA | To assist with the activities and objectives of the organization | $58,350 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Caroline McCartney | Secretary | 0.2 | — |
| Garret A Alcaraz | Treasurer | 0.5 | — |
| James J Izard II | Vice Chair | 0.5 | — |
| Prescott Sherrod | Chair | 1 | — |
| Alton J Harris | Trustee | 0.1 | — |
| Betsy Atkinson | Trustee | 0.1 | — |
| Brad Waitzer | Trustee (THRU 6/24) | 0.1 | — |
| Brian O Hemphill | Ex-Officio | 0.1 | — |
| Bruce T Bishop | Trustee | 0.1 | — |
| Gary A Gilmore | Trustee (THRU 6/24) | 0.1 | — |
| Jacqueline B Amato | Trustee (THRU 6/24) | 0.1 | — |
| James W Beamer | Trustee | 0.1 | — |
| Janet A Ellis | Trustee | 0.1 | — |
| Janet Carter | Ex-Officio/ODUAA Representative | 0.1 | — |
| Joe E Carter | Trustee | 0.1 | — |
| John Reed | Trustee | 0.1 | — |
| Kevin Stevenson | Trustee | 0.1 | — |
| Kim Curtis | Trustee | 0.1 | — |
| L Scott Trainum | Trustee | 0.1 | — |
| Lisa B Smith | Trustee | 0.1 | — |
| Luke Hillier | Trustee | 0.1 | — |
| Mark Warden | Trustee | 0.1 | — |
| Mary Maniscalco-Theberge | Trustee | 0.1 | — |
| Richard T Harris | Trustee | 0.1 | — |
| Robert M King Jr | Trustee | 0.1 | — |
| Thomas T Winborne | Trustee (THRU 6/24) | 0.1 | — |
| Weyman Gong | Trustee | 0.1 | — |
| William Monroe | Trustee | 0.1 | — |
| Alonzo Brandon | Ex-Officio/Executive Director | 10 | — |
| Cindy R Gall | Assistant Secretary | 13 | — |
| Mike LaRock | Assistant Treasurer | 13 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Old Dominion University Educational Foundation?
Old Dominion University Educational Foundation is a nonprofit organization focused on Education, based in Norfolk, VA. It holds $412.4M in total assets as of 2024.
How large is Old Dominion University Educational Foundation?
As of 2024, Old Dominion University Educational Foundation holds $412.4M in total assets with $45.6M in annual revenue. It awarded 4 grants totaling $18.6M in 2024.
Where does Old Dominion University Educational Foundation operate?
Old Dominion University Educational Foundation has awarded grants in Virginia.
What size grants does Old Dominion University Educational Foundation award?
In 2024, Old Dominion University Educational Foundation awarded 4 grants totaling $18.6M — an average of about $4.7M per grant, based on its IRS Form 990 filings.
What is Old Dominion University Educational Foundation's EIN?
Old Dominion University Educational Foundation's EIN (Employer Identification Number) is 54-6052014. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.