OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION

OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION

Norfolk, VA, US
501(c)3
EIN
54-1744996

OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION

Norfolk, VA, US
501(c)3
EIN
54-1744996

Overview

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Est.

1995

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Old Dominion University Real Estate Foundation is a tax-exempt nonprofit organization dedicated to receiving, administering, and distributing funds and property to support the educational activities and objectives of Old Dominion University in Virginia. With an operating budget of $3.5 million and total revenue of $14.4 million for the 2024 filing year, the organization is financially robust, although it does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at https://www.odu.edu/real-estate-foundation.

Mission Statement

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.
Revenues

$14.4M

Expenses

$3.7M

Net Income:
+$10.7M
Assets

$89.4M

Liabilities

$51.4M

Net Assets:
+$38.1M
Operating Budget

$3.5M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$2.6M
Largest grant received
$2.7M
L
Lisa F Chandler
Board Member
N
Nathaniel P Tyler
Board Member
K
Karen Shaffer
Board Member

Frequently Asked Questions

What is OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION’s budget?
In 2024, OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION reported an annual operating budget of around $3.5 million. More detailed financial information is available to registered users.
What causes does OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION support?
OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION supports work in University education and Unknown or not classified.
Where does OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION operate?
OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION is headquartered in Norfolk, VA.
Who funded OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION recently?
In 2024, OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION received grants from OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION, Old Dominion University Museum Foundation, and OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION received in 2024?
The largest grant to OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION in 2024 exceeds $2.7 million.
Overview
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