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.
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
1
+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
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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
No grants recorded for .
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 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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