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Education : Scholarship and Financial Support (Grantmaking)

Old Dominion Athletic Foundation

Investments into the lives of our student-athletes

three stars

88.87

4417 Monarch Way 4th Floor
Norfolk, VA 23529
tel: (757) 683-6963   Web Site
EIN: 54-6051933

Board Leadership
Thomas M. Johnston
Chair

CEO
Alonzo Brandon
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 88.87 three stars
  Financial 95.25 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 05/01/2021 and includes data from FY2019, the most recent 990 received at that time.

The Old Dominion Athletic Foundation (ODAF) is integral to the success of Old Dominion University Athletics, and is the channel through which our fans and alumni can partner with our coaches and student-athletes for the advancement of the athletics program. With the ever-increasing cost of competing at the NCAA Division I level, a dynamic donor base is critical to putting the strongest possible teams on the field and court. The mission of the ODAF is to raise financial support for Old Dominion University athletics and to ensure that our coaches and student athletes have everything they need to compete for national championships.

The Old Dominion Athletic Foundation (ODAF) is integral to the success of Old Dominion University Athletics, and is the channel through which our fans and alumni can partner with our coaches and student-athletes for the advancement of the athletics program. With the ever-increasing cost of competing at the NCAA Division I level, a dynamic donor base is critical to putting the strongest possible teams on the field and court. The mission of the ODAF is to raise financial support for Old Dominion University athletics and to ensure that our coaches and student athletes have everything they need to compete for national championships.

Financial

four stars

95.25

Accountability & Transparency

three stars

85.00

This rating was published 05/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
91.7%
  Administrative Expenses 2.8%
  Fundraising Expenses 5.4%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 6.36
  Program Expenses Growth 5.3%
  Liabilities to Assets 0.4%
All data for Financial Performance Metrics calculations was provided by Old Dominion Athletic Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Old Dominion Athletic Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Old Dominion Athletic Foundation (VA) 88.87 three stars
Panhellenic Scholarship Foundation (IL) 86.42 three stars
ASU Foundation (AZ) 97.45 four stars
Ole Miss Athletics Foundation (MS) 86.98 three stars
Georgia Southern University Athletic Foundation (GA) 86.09 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $10,903,453
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $143,184
   Related Organizations $0
   Government Grants $0
Total Contributions $11,046,637
   Program Service Revenue $0
Total Primary Revenue $11,046,637
   Other Revenue $362,315
TOTAL REVENUE $11,408,952
   
EXPENSES  
   Program Expenses $6,917,527
   Administrative Expenses $242,188
   Fundraising Expenses $410,299
TOTAL FUNCTIONAL EXPENSES $7,570,014
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,838,938
   
Net Assets $60,069,477

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Athletic Program Support $6,917,527 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 05/01/2021 88.87 three stars
2018-12 03/01/2020 89.07 three stars
2017-12 02/01/2019 89.39 three stars
2016-12 03/01/2018 89.39 three stars
2015-12 04/01/2017 89.39 three stars
2014-12 06/01/2016 92.02 four stars
 
CN 2.0
2014-12 12/22/2015 90.72 four stars
2013-12 06/01/2015 91.71 four stars
2012-12 05/01/2014 91.17 four stars
2011-12 09/01/2013 91.74 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 54-6051933
Name in IRS Master File OLD DOMINION ATHLETIC FOUNDATION
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (922) Endowment fund or financial services
(602) Gifts, grants, or loans to other organizations
(59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1964
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
None reported -- Alonzo Brandon Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Old Dominion Athletic Foundation (VA) 88.87 three stars
ASU Foundation (AZ) 97.45 four stars
Kansas University Alumni Association (KS) 87.48 three stars
Panhellenic Scholarship Foundation (IL) 86.42 three stars
The Alumni Association of the University of Virginia (VA) 90.16 four stars

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Charity Contact Info

Old Dominion Athletic Foundation
4417 Monarch Way
4th Floor
Norfolk, VA 23529
tel: (757) 683-6963
fax: (757) 683-5221
EIN: 54-6051933

Visit Web Site

Board Leadership

Thomas M. Johnston
Chair

CEO

Alonzo Brandon
Executive Director

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