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Nonprofit · EIN 54-6051933

OLD DOMINION ATHLETIC FOUNDATION

Tax-exempt · NORFOLK, VA 23508

Financials

$8.5M$12.4M2023$7.5M$11.3M2024
Revenue Expenses · by fiscal year end
Financials of OLD DOMINION ATHLETIC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,511,314$11,304,314-$3,793,000$71,770,497$893,806$70,876,691
December 31, 2023990$8,548,905$12,398,621-$3,849,716$70,523,628$204,389$70,319,239
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,905,824
Program service revenue
$0
Investment income
$626,487
Net gain from sales of assets
-$6,722
Net income from fundraising events
-$24,997
Other revenue
-$20,997

Expenses

Grants and similar amounts paid
$8,664,616
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$80,700
Travel
$865,246
Depreciation
$50,867
Program services (functional)
$10,125,026
Management and general (functional)
$780,750
Fundraising (functional)
$398,538

Balance sheet and other

Total assets, start of year
$70,523,628
Total assets, end of year
$71,770,497
Total liabilities, end of year
$893,806
Net assets, end of year
$70,876,691
Land, buildings and equipment
$257,258
Publicly traded securities
$15,229,086
Net assets without donor restrictions
$18,386,499
Net assets with donor restrictions
$52,490,192
Gross receipts
$13,230,281
Employees
0
Volunteers
44
Year formed
1964
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Jeremy McLendonSecond Vice Chair
Trustee or director, Officer
0.1$0
Kelly TillChair
Trustee or director, Officer
0.3$0
Russell S TurnerFirst Vice Chair
Trustee or director, Officer
0.1$0
Thomas F CherrySecretary/Treasurer
Trustee or director, Officer
0.3$0
Alex MitchumTrustee
Trustee or director
0.1$0
Alonzo BrandonEx-Officio
Trustee or director
1$0
Amy FrostickTrustee
Trustee or director
0.1$0
Audra BullockTrustee
Trustee or director
0.1$0
Barry M KornblauTrustee
Trustee or director
0.1$0
Brian K HollandTrustee
Trustee or director
0.1$0
Brian O HemphillEx-Officio
Trustee or director
0.1$0
Camden W SeligEx-Officio
Trustee or director
0.1$0
Carlton BennettTrustee
Trustee or director
0.1$0
Conrad ShumadineTrustee
Trustee or director
0.1$0
Daniel J ClarksonTrustee
Trustee or director
0.1$0
29 more people on this return
NameTitleHours / weekCompensation
David StockmeierTrustee
Trustee or director
0.1$0
E G Middleton IIITrustee
Trustee or director
0.1$0
Edward J ReedTrustee
Trustee or director
0.1$0
Georgina MillerTrustee
Trustee or director
0.1$0
Gerald P BrunickTrustee
Trustee or director
0.1$0
H Scott HardisonTrustee
Trustee or director
0.3$0
James S SomersTrustee
Trustee or director
0.1$0
Janet CarterEx-Officio (AS OF 7/24)
Trustee or director
0.1$0
Jeffrey D KornblauTrustee
Trustee or director
0.1$0
Jeffrey S ChernitzerTrustee
Trustee or director
0.1$0
Jerry BowmanTrustee
Trustee or director
0.1$0
Kathryn M Van BurenTrustee
Trustee or director
0.1$0
Michael FowlerTrustee
Trustee or director
0.1$0
Monique AdamsTrustee
Trustee or director
0.1$0
Randall A CrutchfieldTrustee
Trustee or director
0.1$0
Ray WittersheimTrustee
Trustee or director
0.1$0
Richard A McGrathTrustee
Trustee or director
0.3$0
Richard B ThurmondTrustee
Trustee or director
0.1$0
Richard F Kiefner JrTrustee
Trustee or director
0.1$0
Robert G KrebsTrustee
Trustee or director
0.1$0
Robin D RayTrustee
Trustee or director
0.1$0
Ronald C RipleyTrustee
Trustee or director
0.1$0
Russell W TurnerTrustee
Trustee or director
0.1$0
Thomas M JohnstonTrustee
Trustee or director
0.1$0
Trey DudleyTrustee
Trustee or director
0.1$0
William BrothersTrustee
Trustee or director
0.1$0
Cindy R GallAssistant Secretary
Officer
13$0
Jena VirgaExecutive Director
Officer
9$0
Mike LaRockAssistant Treasurer
Officer
9$0
990 for the year ended December 31, 2023: 46 people
NameTitleHours / weekCompensation
H SCOTT HARDISONCHAIR
Trustee or director, Officer
0.3$0
KELLY TILLFIRST VICE CHAIR
Trustee or director, Officer
0.3$0
RUSSELL S TURNERSECOND VICE TRUSTEE
Trustee or director, Officer
0.1$0
THOMAS F CHERRYSECRETARY/TREASURER
Trustee or director, Officer
0.3$0
MONIQUE ADAMSTRUSTEE
Trustee or director
0.1$0
CARLTON BENNETTTRUSTEE
Trustee or director
0.1$0
JERRY BOWMANTRUSTEE
Trustee or director
0.1$0
WILLIAM BROTHERSTRUSTEE
Trustee or director
0.1$0
GERALD P BRUNICKTRUSTEE
Trustee or director
0.1$0
AUDRA BULLOCKTRUSTEE
Trustee or director
0.1$0
JEFFREY S CHERNITZERTRUSTEE
Trustee or director
0.1$0
DANIEL J CLARKSONTRUSTEE
Trustee or director
0.1$0
TREY DUDLEYTRUSTEE
Trustee or director
0.1$0
MICHAEL FOWLERTRUSTEE
Trustee or director
0.1$0
JEROME B FRIEDMANTRUSTEE
Trustee or director
0.1$0
AMY FROSTICKTRUSTEE
Trustee or director
0.1$0
BRIAN K HOLLANDTRUSTEE
Trustee or director
0.1$0
THOMAS M JOHNSTONTRUSTEE
Trustee or director
0.1$0
RICHARD F KIEFNER JRTRUSTEE
Trustee or director
0.1$0
BARRY M KORNBLAUTRUSTEE
Trustee or director
0.1$0
JEFFREY D KORNBLAUTRUSTEE
Trustee or director
0.1$0
ROBERT G KREBSTRUSTEE
Trustee or director
0.1$0
RICHARD A MCGRATHTRUSTEE
Trustee or director
0.1$0
JEREMY MCLENDONTRUSTEE
Trustee or director
0.1$0
JOSEPH MERSELTRUSTEE
Trustee or director
0.1$0
EG MIDDLETON IIITRUSTEE
Trustee or director
0.1$0
GEORGINA MILLERTRUSTEE
Trustee or director
0.1$0
ALEX MITCHUMTRUSTEE
Trustee or director
0.1$0
ROBIN D RAYTRUSTEE
Trustee or director
0.1$0
EDWARD J REEDTRUSTEE
Trustee or director
0.1$0
RONALD C RIPLEYTRUSTEE
Trustee or director
0.1$0
CONRAD SHUMADINETRUSTEE
Trustee or director
0.1$0
JAMES S SOMERSTRUSTEE
Trustee or director
0.1$0
DAVID STOCKMEIERTRUSTEE
Trustee or director
0.1$0
RICHARD B THURMONDTRUSTEE
Trustee or director
0.1$0
W RUSSELL TURNERTRUSTEE
Trustee or director
0.1$0
KATHRYN M VAN BURENTRUSTEE
Trustee or director
0.1$0
RAY G WRITTERSHEIMTRUSTEE
Trustee or director
0.1$0
BRIAN HEMPHILLEX-OFFICIO
Trustee or director
0.1$0
ANDRE WELLSEX-OFFICIO (THRU 06/2023)
Trustee or director
0.1$0
JANET CARTEREX-OFFICIO (From 07/2023)
Trustee or director
0.1$0
CAMDEN WOOD SELIGEX-OFFICIO
Trustee or director
0.1$0
ALONZO BRANDONEX-OFFICIO
Trustee or director
0.1$0
MIKE LAROCKASST. TREASURER
Officer
9$0
CINDY GALLASST. SECRETARY
Officer
13$0
JENA VIRGAEXECUTIVE DIRECTOR
Officer
10$0

Address and contacts

Address (IRS master file)
4417 MONARCH WAY 4TH FLOOR, NORFOLK, VA 23508-2548
In care of
% DIRECTOR OF ACCOUNTING/CFO
Principal officer (990 for 2024)
JENA VIRGA, 4417 MONARCH WAY 4TH FLOOR, NORFOLK, VA 23529
Signed the 990
Jena Virga, Executive Director
Phone
(757) 683-4524
Return prepared by
BDO USA

Mission

TO PROVIDE SUPPORT TO THE OLD DOMINION UNIVERSITY ATHLETIC PROGRAMS, TO INCLUDE SCHOLARSHIPS FOR STUDENT ATHLETES, AND PROVIDE PROGRAM SUPPORT FOR THE NCAA DIVISION I SPORTS PROGRAMS IN WHICH THE UNIVERSITY COMPETES. PROGRAM SUPPORT INCLUDES FUNDING FOR TRAVEL AND TRANSPORTATION, SUPPLIES, EQUIPMENT AND MAINTENANCE.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE SUPPORT TO THE OLD DOMINION UNIVERSITY ATHLETIC PROGRAMS, TO INCLUDE SCHOLARSHIPS FOR STUDENT ATHLETES, AND PROVIDE PROGRAM SUPPORT FOR THE NCAA DIVISION I SPORTS PROGRAMS IN WHICH THE UNIVERSITY COMPETES. PROGRAM SUPPORT INCLUDES FUNDING FOR TRAVEL AND TRANSPORTATION, SUPPLIES, EQUIPMENT AND MAINTENANCE.
    Expenses $10,125,026 · grants $8,664,616

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-6051933
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$71,770,497
Income (IRS master file)
$13,230,281

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,511,314$11,304,314$71,770,497XML
990December 2023$8,548,905$12,398,621$70,523,628XML
990December 2022$14,428,347$14,083,299$70,701,057IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-6051933).

Questions about OLD DOMINION ATHLETIC FOUNDATION

What is the EIN of OLD DOMINION ATHLETIC FOUNDATION?
The employer identification number (EIN) of OLD DOMINION ATHLETIC FOUNDATION is 54-6051933.
Is OLD DOMINION ATHLETIC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to OLD DOMINION ATHLETIC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OLD DOMINION ATHLETIC FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OLD DOMINION ATHLETIC FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OLD DOMINION ATHLETIC FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OLD DOMINION ATHLETIC FOUNDATION?
The 990 for the year ended December 31, 2024 names JENA VIRGA.
Who are the officers and directors of OLD DOMINION ATHLETIC FOUNDATION?
The 990 for the year ended December 31, 2024 lists 44 people; 0 received compensation from the organization.
How much revenue does OLD DOMINION ATHLETIC FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,511,314, expenses of $11,304,314 and total assets of $71,770,497 at year end.

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