Old Dominion University Research Foundation
88% goes to programs Growing revenue
Old Dominion University Research Foundation is a 501(c)(3) organization based in Norfolk, Virginia, registered in 1967, with $63,306,336 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
Po Box 6369, Norfolk, VA, 23508 EIN 54-6068198 Since 1967
Revenue (FY2023)
$63.3M
▲ 1.5% vs prior year
Education median: $200K
Expenses (FY2023)
$64.3M
Net assets
$18.9M
Employees
1,116
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Old Dominion University Research Foundation: 88% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Old Dominion University Research Foundation: 4 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Old Dominion University Research Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Old Dominion University Research Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Serves as the administrative and fiscal agent for sponsored research, training grants and other sponsored programs for old dominion university, a commonwealth of virginia institution of higher education.
Contact & location
- Address
- Po Box 6369, Norfolk, VA, 23508
- City
- Norfolk
- State
- Virginia
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $51.2M (FY2013) to $63.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $19.3MNet assets $18.9M
Operating margin
-1.5%
Spent more than it raised in the latest fiscal year.
Total assets
$38.2M
Total liabilities
$19.3M
Net assets
$18.9M
Salaries & benefits
$36.5M
57% of expenses
Board members
16
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $63,306,336▲1.5% | $64,261,601▲1.7% | $18,878,457▼3.0% | $38,182,820▼4.5% | 990 |
| 2022 | $62,362,675▲7.2% | $63,173,789▲7.7% | $19,463,261▼3.5% | $39,975,576▲3.3% | 990 |
| 2021 | $58,179,251▲12.8% | $58,664,272▲16.2% | $20,172,792▼5.4% | $38,694,271▲10.0% | 990 |
| 2020 | $51,598,508▲2.8% | $50,468,744▲0.5% | $21,324,794▲7.5% | $35,170,684▲9.7% | 990 |
| 2019 | $50,172,760▼1.7% | $50,234,779▼0.2% | $19,843,023▲0.8% | $32,063,990▼0.1% | 990 |
| 2018 | $51,032,691▲5.7% | $50,331,180▲3.5% | $19,676,274▲4.4% | $32,097,910▲0.1% | 990 |
| 2017 | $48,282,504▼7.8% | $48,642,879▼5.1% | $18,851,699▼2.1% | $32,063,927▼0.6% | 990 |
| 2016 | $52,369,683▲0.6% | $51,282,724▼1.1% | $19,257,041▲6.1% | $32,248,881▼5.8% | 990 |
| 2015 | $52,059,953▲4.1% | $51,841,128▼1.8% | $18,158,120▲1.5% | $34,228,122▼11.7% | 990 |
| 2014 | $50,017,389▼2.3% | $52,802,315▲1.9% | $17,892,747▼13.7% | $38,784,862▲2.3% | 990 |
| 2013 | $51,209,660 | $51,835,096▲5.3% | $20,727,779▼2.4% | $37,929,012▲5.8% | 990 |
| 2012 | — | $49,247,782▲6.2% | $21,237,813▼2.4% | $35,857,849▼10.0% | 990 |
| 2011 | — | $46,377,383▼2.7% | $21,766,895▲5.3% | $39,858,535▼1.4% | 990 |
| 2010 | — | $47,654,615▲8.4% | $20,666,673▲10.9% | $40,429,734▲14.1% | 990 |
| 2009 | — | $43,951,970 | $18,638,664 | $35,446,242 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Mary Sandy — $244,969 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mary Sandy | Director of Field Program | 40 | $244,969 |
| Hope Fowler | Director of Human Resource | 40 | $200,051 |
| Casey Golliher | Director of Finance | 40 | $199,870 |
| Robert A Baker | Research Associate | 40 | $197,308 |
| Sheila Flanagan | Field Operations | 40 | $178,695 |
| Brian Hemphill | Trustee | 1 | — |
| Chad Reed | Trustee | 1 | — |
| Dr Augustine Agho | Trustee | 1 | — |
| Kenneth Fridley | Trustee | 1 | — |
| Monica Sturgis | Trustee | 1 | — |
| Mr David K Edwards | President | 1 | — |
| Mr James Black Jr | Trustee | 1 | — |
| Mr Jim Funari | Trustee | 1 | — |
| Mr Larry Kittelberger | Vice President | 1 | — |
| Mr Scott E Singor | Trustee | 1 | — |
| Ms Barbara Geraghty | Trustee | 1 | — |
| Ms Betsy Reilly | Secretary | 1 | — |
| Ms Karen Dzupinka | Treasurer | 1 | — |
| Ms Kathy Donovan | Trustee | 1 | — |
| Ms Margaret Roomsburg | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Techark Solutions LLC | Subcontractor | $725,792 |
| University of Virginia | Subcontractor | $401,764 |
| Chkd | Subcontractor | $374,768 |
| Rutgers | Subcontractor | $373,217 |
| Ruffa's Consulting Solution LLC | Consultant | $353,734 |
Grants received · $9.2M total
64 grants to Old Dominion University Research Foundation totaling $9.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Magee-womens Research Institute and Foundation | Biomedical research | 2024 | $1,832,428 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2024 | $65,347 |
| Sentara Health | Skilled careers | 2024 | $15,000 |
| Howard University | Support research & education | 2023 | $173,341 |
| Virginia Innovation Partnership Corporation | Research | 2023 | $100,000 |
| Trustees of Tufts College | Subcontract grant award | 2023 | $44,042 |
| Cornell University | Research | 2023 | $41,412 |
| Local Initiatives Support Corporation | See part iv | 2023 | $40,000 |
| National Fish and Wildlife Foundation | Longleaf pine restoration in southeast virginia | 2023 | $25,223 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2023 | $21,693 |
| Drexel University | Research | 2023 | $11,200 |
| Sentara Health | Sponsorship | 2022 | $750,000 |
| University of Delaware | Research subaward | 2022 | $208,320 |
| Local Initiatives Support Corporation | See part iv | 2022 | $75,000 |
| Howard University | Support research & education | 2022 | $65,300 |
Grants made · $6.7M in FY2023
71 grants totaling $6.7M in FY2023 — showing the 15 largest. All grants made by Old Dominion University Research Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Odu Office of Finance | Graduate student and participant support from sponsored programs. | $2,181,841 |
| Rector & Visitors of the University of Virginia | Subcontract for sponsored research classified as program services. | $439,042 |
| Norfolk State University Foundation Inc | Subcontract for sponsored research classified as program services. | $410,884 |
| Childrens Hospital of the Kings Daughters Inc | Subcontract for sponsored research classified as program services. | $324,244 |
| College of William & Mary | Subcontract for sponsored research classified as program services. | $308,180 |
| Virginia Tech | Subcontract for sponsored research classified as program services. | $245,709 |
| The Board of Trustees of the University of Illinois | Subcontract for sponsored research classified as program services. | $209,845 |
| Eastern Virginia Medical School | Subcontract for sponsored research classified as program services. | $207,385 |
| Chitra Productions LLC | Subcontract for sponsored research classified as program services. | $179,775 |
| University of Georgia Research Foundation Inc | Subcontract for sponsored research classified as program services. | $167,212 |
| Institute of Competition Sciences | Graduate student and participant support from sponsored programs. | $159,284 |
| Just Horizons Alliance Inc | Subcontract for sponsored research classified as program services. | $113,726 |
| Kansas State University | Subcontract for sponsored research classified as program services. | $112,729 |
| Rutgers the State University | Subcontract for sponsored research classified as program services. | $88,978 |
| Qed Systems Inc | Subcontract for sponsored research classified as program services. | $75,448 |
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Frequently asked questions
- Is Old Dominion University Research Foundation a legitimate nonprofit?
- Yes. Old Dominion University Research Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-6068198, based in Norfolk, Virginia. Donations are tax-deductible.
- What is Old Dominion University Research Foundation's EIN?
- Old Dominion University Research Foundation's Employer Identification Number (EIN) is 54-6068198.
- How much revenue does Old Dominion University Research Foundation report?
- Old Dominion University Research Foundation reported $63,306,336 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Old Dominion University Research Foundation's spending goes to programs?
- Old Dominion University Research Foundation spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Old Dominion University Research Foundation have?
- CharityIndex grades Old Dominion University Research Foundation A, based on program efficiency and fundraising cost.
- How much does Old Dominion University Research Foundation's highest-paid employee make?
- The highest reported compensation on Old Dominion University Research Foundation's latest Form 990 is $244,969, paid to Mary Sandy (Director of Field Program).
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Explore more
Data for Old Dominion University Research Foundation (EIN 54-6068198) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.