Old Dominion University Real Estate Foundation
The Old Dominion University Real Estate Foundation is a tax-exempt, nonprofit organization created to receive, administer and distribute funds and property exclusively in furtherance of the educational activities and objectives of old dominion university.
Old Dominion University Real Estate Foundation at a glance
In short: Old Dominion University Real Estate Foundation gave $260K across 1 grant in 2024 (avg $260K), mostly in Virginia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $259,841
- +11.4% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $259,841
- +11.4% vs 2023
- Median grant
- $259,841
- Total assets
- $89,422,100
- +19.5% vs 2023
- Primary geography
- Virginia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Old Dominion University Real Estate Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Old Dominion University Museum Fdn ($260K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Old Dominion University Real Estate Foundation gives
- Giving grew 41% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $184K (2021) to $260K (2024). In 2024 it made 1 grant totaling $260K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Old Dominion University Museum Fdn Norfolk, VA | To assist the activities and objectives of odu museum foundation. | $259,841 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $89,422,100 | $14,444,212 | $3,718,402 | $259,841 | 1 | $3,935,732 |
| 2023 | $74,806,870 | $4,700,237 | $3,613,498 | $233,146 | 1 | $3,703,818 |
| 2022 | $77,759,835 | $4,230,568 | $3,662,443 | $201,752 | 1 | $3,646,318 |
| 2021 | $82,050,791 | $4,286,048 | $3,602,895 | $184,238 | 2 | $3,725,652 |
| 2020 | $84,903,572 | $4,399,787 | $3,890,980 | $237,687 | 1 | $3,812,705 |
About Old Dominion University Real Estate Foundation
Based on IRS filings
Old Dominion University Real Estate Foundation is a public charity, based in Norfolk, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $89.4M in total assets. In 2024, it awarded 1 grant totaling $260K. Net investment income was $3.9M.
Leadership & Key People
Officers and directors from IRS filings
Old Dominion University Real Estate Foundation is led by Tara F Saunders, Executive Director on every filing since 2020; none of the 17 officers listed in 2024 report compensation.
Officers on the 2024 filing
Tara F Saunders
Executive Director
On filings since 2020
40 hrs/week
No compensation reported
Lisa F Chandler
Chair
On filings since 2020
0.8 hrs/week
No compensation reported
Karen Shaffer
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Kenneth E Rodman Jr.
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Larry R Hill
Trustee & Bov Representative
Trustee → Trustee & Bov Representative, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Miles B Leon
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Nathaniel P Tyler
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Jared Chalk
Trustee
On filings since 2022
0.3 hrs/week
No compensation reported
Deborah K Stearns
Trustee
On filings since 2023
0.3 hrs/week
No compensation reported
Jeremy R Starkey
Trustee
On filings since 2023
0.3 hrs/week
No compensation reported
Steven C Wright
Trustee
On filings since 2023
0.3 hrs/week
No compensation reported
Brian K Holland
Trustee & Bov Representative
New on the 2024 filing
0.5 hrs/week
No compensation reported
Joseph A Lowery
Secretary & Treasurer
Trustee → Secretary & Treasurer, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Teresa C Peters
Vice Chair
Trustee → Vice Chair, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Brian O Hemphill
Ex-Officio
On filings since 2021
0.5 hrs/week
No compensation reported
Cindy R Gall
Assistant Secretary
On filings since 2022
13 hrs/week
No compensation reported
Mike LaRock
Assistant Treasurer
On filings since 2022
9 hrs/week
No compensation reported
Former officers (11)
- Former: George L. Consolvo (2020–2023) — Director Emeritus
- Former: Robert L. Dewey (2020–2023) — Director Emeritus
- Former: Michael S. Larock (2023) — Assistant Treasurer
- Former: Chas Wright (2020–2022) — Trustee
- Former: Debra K. Stearns (2020–2022) — Trustee
- Former: Donna Manglicmot (2020–2022) — Assistant Secretary
- Former: Margaret Libby (2020–2022) — Assistant Treasurer
- Former: Robert M. Stanton (2020–2022) — Director Emeritus
- Former: Robert Broermann (2021–2022) — Trustee & Bov Representative
- Former: John R Broderick (2020–2021) — Ex-Officio
- Former: Warren D Harris (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Old Dominion University Real Estate Foundation
How much does Old Dominion University Real Estate Foundation give each year?
Old Dominion University Real Estate Foundation gave $260K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $233K across 1 grant.
How large is Old Dominion University Real Estate Foundation?
Old Dominion University Real Estate Foundation reported $89.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $14.4M.
Where does Old Dominion University Real Estate Foundation operate?
Old Dominion University Real Estate Foundation has awarded grants in Virginia.
What is Old Dominion University Real Estate Foundation's EIN?
Old Dominion University Real Estate Foundation's EIN (Employer Identification Number) is 54-1744996. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 6, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 20, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
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