Old Dominion University Real Estate Foundation

NORFOLK, VA EIN: 54-1744996 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$89.4M

+19.5% YoY

Annual Giving

$260K

+11.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$260K

+11.4% YoY

About Old Dominion University Real Estate Foundation

Based on IRS filings

Old Dominion University Real Estate Foundation is a nonprofit organization, 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 grants totaling $260K. Net investment income was $3.9M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $695K (100%)

States

Virginia

Cities

Norfolk

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$89,422,100	$74,806,870	$77,759,835
Revenue	$14,444,212	$4,700,237	$4,230,568
Expenses	$3,718,402	$3,613,498	$3,662,443
Qualifying Distributions	—	—	—
Net Investment Income	$3,935,732	$3,703,818	$3,646,318
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Old Dominion University Museum Fdn ($259,841).

Recipient	Purpose	Amount
Old Dominion University Museum Fdn Norfolk, VA	TO ASSIST THE ACTIVITIES AND OBJECTIVES OF ODU MUSEUM FOUNDATION.	$259,841

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Joseph A Lowery	Secretary/Treasurer	0.5	—
Teresa C Peters	Vice Chair	0.5	—
Brian K Holland	Trustee/BOV Representative (AS OF 7/24)	0.5	—
Brian O Hemphill	Ex-Officio	0.5	—
Deborah K Stearns	Trustee	0.3	—
Jared Chalk	Trustee	0.3	—
Jeremy R Starkey	Trustee	0.3	—
Karen Shaffer	Trustee	0.3	—
Kenneth E Rodman Jr	Trustee	0.3	—
Larry R Hill	Trustee/BOV Representative (THRU 6/24)	0.5	—
Lisa F Chandler	Chair	0.8	—
Miles B Leon	Trustee	0.3	—
Nathaniel P Tyler	Trustee	0.3	—
Steven C Wright	Trustee	0.3	—
Cindy R Gall	Assistant Secretary	13	—
Mike LaRock	Assistant Treasurer	9	—
Tara F Saunders	Executive Director	40	—

Frequently Asked Questions

How large is Old Dominion University Real Estate Foundation?

As of 2024, Old Dominion University Real Estate Foundation holds $89.4M in total assets with $14.4M in annual revenue. It awarded 1 grants totaling $260K in 2024.

Where does Old Dominion University Real Estate Foundation operate?

Old Dominion University Real Estate Foundation has awarded grants in Virginia.

What size grants does Old Dominion University Real Estate Foundation award?

In 2024, Old Dominion University Real Estate Foundation awarded 1 grants totaling $260K — an average of about $260K per grant, based on its IRS Form 990 filings.

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.