OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION (EIN 54-6052014)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-09-21
IRS object ID: 202332649349301108
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule F
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-09-21T11:42:46-05:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BDO USA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 E Main Street Suite 1300	AddressLine1Txt
City	Norfolk	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23510	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	546052014	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	OLD DOMINION UNIVERSITY EDUCATIONAL	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
In Care Of	% CFO - FOUNDATIONS	InCareOfNm
Business Name Control	OLDD	BusinessNameControlTxt
Phone	7576834524	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4417 MONARCH WAY 4TH FLOOR	AddressLine1Txt
City	NORFOLK	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23529	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ALONZO BRANDON	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	7576834524	PhoneNum
Signature	2023-09-20	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ALONZO	PersonFirstNm
Person Last	BRANDON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Marc Berger	PreparerPersonNm
PTIN	P01871563	PTIN
Phone	7576407190	PhoneNum
Preparation	2023-09-20	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ALONZO BRANDON	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4417 MONARCH WAY 4TH FLOOR	AddressLine1Txt
City	NORFOLK	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23529	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$96,733,181	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1955	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	SEE SCHEDULE O SUPPLEMENTAL INFORMATION FOR ORGANIZATION'S MISSION	ActivityOrMissionDesc
Voting Members Governing Body	27	VotingMembersGoverningBodyCnt
Voting Members Independent	27	VotingMembersIndependentCnt
Total Employee	1	TotalEmployeeCnt
Total Volunteers	31	TotalVolunteersCnt
Total Gross UBI	$2,032,338	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$198,856	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$21,271,009	PYContributionsGrantsAmt
CY Contributions Grants	$5,785,585	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$11,900,263	PYInvestmentIncomeAmt
CY Investment Income	$21,962,671	CYInvestmentIncomeAmt
PY Other Revenue	$346,600	PYOtherRevenueAmt
CY Other Revenue	$797,437	CYOtherRevenueAmt
PY Total Revenue	$33,517,872	PYTotalRevenueAmt
CY Total Revenue	$28,545,693	CYTotalRevenueAmt
PY Grants And Similar Paid	$12,579,271	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$16,216,383	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$636,847	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,016,341	PYOtherExpensesAmt
CY Other Expenses	$3,140,113	CYOtherExpensesAmt
PY Total Expenses	$15,595,612	PYTotalExpensesAmt
CY Total Expenses	$19,356,496	CYTotalExpensesAmt
PY Revenues Less Expenses	$17,922,260	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$9,189,197	CYRevenuesLessExpensesAmt
Total Assets BOY	$390,141,589	TotalAssetsBOYAmt
Total Assets EOY	$344,230,798	TotalAssetsEOYAmt
Total Liabilities BOY	$85,546,536	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$76,707,401	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$304,595,053	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$267,523,397	NetAssetsOrFundBalancesEOYAmt
Mission	OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION WAS ESTABLISHED TO RECEIVE, ADMINISTER, AND DISTRIBUTE FUNDS AND PROPERTY EXCLUSIVELY IN FURTHERANCE OF THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF OLD DOMINION UNIVERSITY.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$16,431,622	ExpenseAmt
Grant	$16,216,383	GrantAmt
Revenue	$894,566	RevenueAmt
Desc	TO ADMINISTER AND DISTRIBUTE FUNDS AND PROPERTY EXCLUSIVELY TO SUPPORT THE MISSION, OBJECTIVES AND PROGRAMS OF OLD DOMINION UNIVERSITY. THE FOUNDATION PROVIDES SUPPLEMENTAL FUNDS TO HELP DEFRAY OPERATING COSTS OF ACADEMIC DEPARTMENTS AND SPECIAL PROJECTS. THE SUPPLEMENTAL FUNDS ARE USED TO PROVIDE STUDENT AND FACULTY SCHOLARSHIPS/AWARDS, EMINENT SCHOLAR PROFESSORSHIPS, FACULTY SALARIES AND FACULTY RESEARCH. THE FOUNDATION ALSO PROVIDES FUNDING FOR UNIVERSITY DEVELOPMENT, CAPITAL PROJECTS AND SUBSTANTIAL SUPPORT OF OPERATIONS OF THE LIBRARY AND ITS COLLECTIONS.	Desc
Total Program Service Expenses	$16,431,622	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	32	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	1	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	27	GoverningBodyVotingMembersCnt
Independent Voting Member	27	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	CFO - FOUNDATIONS	PersonNm
Phone	7576834471	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4417 MONARCH WAY 4TH FLOOR	AddressLine1Txt
City	NORFOLK	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23529	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
GARY A GILMORE
CHAIRMAN	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
RAY WITTERSHEIM
VICE CHAIR	0.5	0.0	Yes (X)	Yes (X)	$0	$0	$0
CAROLINE MCCARTNEY
SECRETARY	0.2	0.0	Yes (X)	Yes (X)	$0	$0	$0
PRESCOTT SHERROD
TREASURER	0.5	0.0	Yes (X)	Yes (X)	$0	$0	$0
GARRET A ALCARAZ
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
JACQUELINE B AMATO
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
BETSY ATKINSON
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
JAMES W BEAMER
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
BRUCE T BISHOP
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
JOE E CARTER
TRUSTEE (FROM 07/2022)	0.1	0.0	Yes (X)		$0	$0	$0
KIM CURTIS
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
JANET A ELLIS
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
POLLY S FOOTE
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
WEYMAN GONG
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
RICHARD T HARRIS
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
JAMES J IZARD II
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
ROBERT M KING JR
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
KRISTOPHER KNEPPER
TRUSTEE (THRU 06/2022)	0.1	0.0	Yes (X)		$0	$0	$0
CHRISTOPHER MINER
TRUSTEE (THRU 06/2022)	0.1	0.0	Yes (X)		$0	$0	$0
WILLIAM MONROE
TRUSTEE (FROM 07/2022)	0.1	0.0	Yes (X)		$0	$0	$0
ANGELA REDDIX
TRUSTEE (THRU 06/2022)	0.1	0.0	Yes (X)		$0	$0	$0
JOHNATHAN REED
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
L SCOTT TRAINUM
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
BRAD WAITZER
TRUSTEE(FROM 07/2022)	0.1	0.0	Yes (X)		$0	$0	$0
MARK WARDEN
TRUSTEE	0.1	0.0	Yes (X)		$0	$0	$0
THOMAS T WINBORNE
TRUSTEE	1.1	0.0	Yes (X)		$0	$0	$0
BRIAN O HEMPHILL
EX-OFFICIO	0.1	0.0	Yes (X)		$0	$0	$0
ANDRE WELLS
EX-OFFICIO	0.1	0.0	Yes (X)		$0	$0	$0
ROBERT BROERMANN
EX-OFFICIO (FROM 07/2022)	0.1	0.0	Yes (X)		$0	$0	$0
MIKE LAROCK
Trustee (thru 8/2022)	0.1	0.0	Yes (X)		$0	$0	$0
CINDY GALL
ASST. SECRETARY (FROM 11/2022)	13.0	0.0		Yes (X)	$0	$0	$0
DONNA MANGLICMOT
ASST. SECRETARY (THRU 05/2022)	13.0	0.0		Yes (X)	$0	$0	$0
MICHAEL LAROCK
ASST. TREASURER (FROM 09/2022)	13.0	0.0		Yes (X)	$0	$0	$0
MAGGIE LIBBY
ASST. TREASURER (THRU 09/2022)	20.0	0.0		Yes (X)	$0	$0	$0
ALONZO BRANDON
EX-OFFICIO/EXECUTIVE DIRECTOR	10.0	0.0		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$5,785,585	AllOtherContributionsAmt
Noncash Contributions	$128,102	NoncashContributionsAmt
Total Contributions	$5,785,585	TotalContributionsAmt
Total Program Service Revenue	$0	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$22,715,590	TotalRevenueColumnAmt
Unrelated Business Revenue	$2,032,338	UnrelatedBusinessRevenueAmt
Exclusion	$20,683,252	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$210,444	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$307,573	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$97,129	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$97,129	TotalRevenueColumnAmt
Exclusion	-$97,129	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$67,126,996	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$67,879,915	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$752,919	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$752,919	TotalRevenueColumnAmt
Exclusion	-$752,919	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$894,566	TotalRevenueColumnAmt
Related Or Exempt Func Income	$894,566	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$894,566	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$28,545,693	TotalRevenueColumnAmt
Related Or Exempt Func Income	$894,566	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$2,032,338	UnrelatedBusinessRevenueAmt
Exclusion	$19,833,204	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$16,216,383	TotalAmt
Program Services	$16,216,383	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$5,774	TotalAmt
Management And General	$5,774	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$45,600	TotalAmt
Management And General	$45,600	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$883,283	TotalAmt
Management And General	$883,283	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$34,700	TotalAmt
Management And General	$19,700	ManagementAndGeneralAmt
Fundraising	$15,000	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$16,506	TotalAmt
Management And General	$16,506	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$15,959	TotalAmt
Management And General	$15,959	ManagementAndGeneralAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$150,405	TotalAmt
Program Services	$28,033	ProgramServicesAmt
Management And General	$12,812	ManagementAndGeneralAmt
Fundraising	$109,560	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$398	TotalAmt
Management And General	$398	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$4,150	TotalAmt
Management And General	$4,150	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt	Program ServicesProgramServicesAmt
PERSONNEL	$1,530,527	$1,179,005	$351,522
OTHER WAGES & PAYROLL TAXES	$53,825			$53,825
MEALS AND BANQUET SERVICES	$94,163	$17,396	$72,172	$4,595
REPAIRS & MAINTENANCE	$106	$106

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$304,717	TotalAmt
Program Services	$128,786	ProgramServicesAmt
Management And General	$87,338	ManagementAndGeneralAmt
Fundraising	$88,593	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$19,356,496	TotalAmt
Program Services	$16,431,622	ProgramServicesAmt
Management And General	$2,288,027	ManagementAndGeneralAmt
Fundraising	$636,847	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$358,200	BOYAmt
EOY	$598,972	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$9,982,634	BOYAmt
EOY	$7,681,958	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$51,432	BOYAmt
EOY	$266,669	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$4,268,243	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$246,735	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$4,141,034	BOYAmt
EOY	$4,021,508	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$266,111,922	BOYAmt
EOY	$215,902,213	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$109,258,231	BOYAmt
EOY	$115,501,448	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$238,136	BOYAmt
EOY	$258,030	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$390,141,589	BOYAmt
EOY	$344,230,798	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$436,152	BOYAmt
EOY	$534,972	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$85,110,384	BOYAmt
EOY	$76,172,429	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$85,546,536	BOYAmt
EOY	$76,707,401	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$23,020,879	BOYAmt
EOY	$20,281,592	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$281,574,174	BOYAmt
EOY	$247,241,805	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$304,595,053	BOYAmt
EOY	$267,523,397	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$390,141,589	BOYAmt
EOY	$344,230,798	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$9,189,197	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$38,492,112	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$7,768,741	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,487,778	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$15,285,625	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,346,564	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$21,271,009	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5,785,585	CurrentTaxYearAmt
Total	$66,176,561	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,487,778	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$15,285,625	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,346,564	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$21,271,009	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5,785,585	CurrentTaxYearAmt
Total	$66,176,561	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$12,545,347	SubstantialContributorsTotAmt
Public Support Total170	$53,631,214	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,457,159	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,956,666	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,340,666	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,739,921	CurrentTaxYearMinus1YearAmt
Current Tax Year	$20,893,696	CurrentTaxYearAmt
Total	$37,388,108	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,436,384	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$438,725	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$535,721	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$952,133	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,032,338	CurrentTaxYearAmt
Total	$5,395,301	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$267,312	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$330,863	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$325,889	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$392,808	CurrentTaxYearMinus1YearAmt
Current Tax Year	$894,566	CurrentTaxYearAmt
Total	$2,211,438	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$111,171,408	TotalSupportAmt
Public Support CY170	0.48242	PublicSupportCY170Pct
Public Support PY170	0.56580	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$274,964,087	BeginningYearBalanceAmt
Contributions	$4,124,379	ContributionsAmt
Investment Earnings Or Losses	-$23,844,893	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$0	GrantsOrScholarshipsAmt
Other Expenditures	$11,258,786	OtherExpendituresAmt
End Year Balance	$243,984,787	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$228,589,798	BeginningYearBalanceAmt
Contributions	$11,107,805	ContributionsAmt
Investment Earnings Or Losses	$45,549,424	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,664,134	GrantsOrScholarshipsAmt
Other Expenditures	$7,618,806	OtherExpendituresAmt
End Year Balance	$274,964,087	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$205,763,070	BeginningYearBalanceAmt
Contributions	$7,074,463	ContributionsAmt
Investment Earnings Or Losses	$25,158,413	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,394,972	GrantsOrScholarshipsAmt
Other Expenditures	$7,011,176	OtherExpendituresAmt
End Year Balance	$228,589,798	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$175,611,892	BeginningYearBalanceAmt
Contributions	$8,445,262	ContributionsAmt
Investment Earnings Or Losses	$30,680,935	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,228,097	GrantsOrScholarshipsAmt
Other Expenditures	$6,746,922	OtherExpendituresAmt
End Year Balance	$205,763,070	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$183,543,106	BeginningYearBalanceAmt
Contributions	$6,197,432	ContributionsAmt
Investment Earnings Or Losses	-$5,515,642	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,248,432	GrantsOrScholarshipsAmt
Other Expenditures	$6,364,572	OtherExpendituresAmt
End Year Balance	$175,611,892	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.05470	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.34270	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.60260	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$924,000	OtherCostOrOtherBasisAmt
Book Value	$924,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,276,000	OtherCostOrOtherBasisAmt
Depreciation	$178,691	DepreciationAmt
Book Value	$3,097,309	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$68,243	OtherCostOrOtherBasisAmt
Depreciation	$68,044	DepreciationAmt
Book Value	$199	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$0	OtherCostOrOtherBasisAmt
Depreciation	$0	DepreciationAmt
Book Value	$0	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$4,021,508	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp
Total Book Value Securities	$0	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
FUNDS HELD FOR RELATED ENTITIE	$75,484,324
SPLIT INTEREST LIABILITY	$658,190
OTHER LIABILITIES	$29,915

Field	Value	IRS element (for citing)
Total Liability	$76,172,429	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	-$18,598,443	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$38,492,112	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$38,492,112	RevenueNotReportedAmt
Revenue Subtotal	$19,893,669	RevenueSubtotalAmt
Investment Expenses Not Incld	$883,283	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$7,768,741	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$8,652,024	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$28,545,693	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$18,473,213	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$18,473,213	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$883,283	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$883,283	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$19,356,496	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 4	THE FOUNDATION'S ENDOWMENT CONSISTS OF 660 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.
PART X, LINE 2	THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. EXEMPT ORGANIZATIONS ARE SUBJECT TO TAX ON INCOME FROM REGULARLY CONDUCTED TRADE OR BUSINESS ACTIVITIES THAT ARE NOT SUBSTANTIALLY RELATED TO THE ORGANIZATION'S EXEMPT PURPOSE. THE FOUNDATION HAS NET OPERATING LOSS CARRYFORWARDS OF APPROXIMATELY $921,000 AND A DEFERRED TAX ASSET OF $248,674 RELATED TO ITS UNRELATED BUSINESS INCOME AT DECEMBER 31, 2021. VALUARTION ALLOWANCES ARE ESTABLISHED WHEN NECESSARY TO REDUCE DEFERRED TAX ASSETS TO THE AMOUNT EXPECTED TO BE REALIZED. MANAGEMENT RECORDED A VALUATION ALLOWANCE OF $248,674 AT DECEMBER 31, 2021. THE FOUNDATION DID NOT HAVE NET OPERATING LOSS CARRYFORWARDS OR A DEFERRED TAX ASSET AT DECEMBER 31, 2022. THE DECREASE IN THE VALUATION ALLOWANCE WAS $248,674 AND $73,158 FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, RESPECTIVELY. TAX YEARS BEFOER 2019 ARE NO LONGER SUBJECT TO EXAMINATIONS. MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN THE FOUNDATION'S TAX FILINGS AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST.
PART XI, LINE 4B - OTHER	INCREASE IN ALLOWANCE FOR UNCOLLECTIBLE PROMISES TO GIVE $302,079 PLUS THE DECREASE IN THE VALUE OF SPLIT INTEREST AGREEMENTS $10,964 PLUS THE CHANGE IN THE VALUE OF INVESTMENTS HELD FOR RELATED ENTITIES $7,455,698.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

Field	Value	IRS element (for citing)
Region	Central America and the Caribbean	RegionTxt
Offices	0	OfficesCnt
Employee	0	EmployeeCnt
Type Of Activities Conducted	Investments	TypeOfActivitiesConductedTxt
Specific Services Provided	NONE	SpecificServicesProvidedTxt
Region Total Expenditures	$6,763,662	RegionTotalExpendituresAmt

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$6,763,662	SubtotalSpentAmt
Total Spent	$6,763,662	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (true)	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
OLD DOMINION UNIVERSITY
5115 HAMPTON BOULEVARD 4TH FLOOR	NORFOLK	VA	23529	546000884	GOVERNMENT	$15,257,952	SEE PART IV
OLD DOMINION UNIVERSITY REAL ESTATE fdn
4417 MONARCH WAY 4TH FLOOR	NORFOLK	VA	23529	541744996	501(c)(3)	$101,100	SEE PART IV
OLD DOMINION UNVERSITY ALUMNI ASSOCIATION
BARRY M KORNBLAU ALUMNI CENTER	NORFOLK	VA	23529	541379119	501(c)(3)	$205,000	SEE PART IV
OLD DOMINION UNIVERSITY MUSEUM FOUNDATION
4417 MONARCH WAY 4TH FLOOR	NORFOLK	VA	23529	812652321	501(c)(3)	$18,850	SEE PART IV	$15,000	Book	Donated Services

Field	Value	IRS element (for citing)
Total501c3 Org	4	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Part I, Line 2

THE FOUNDATION PROVIDES FUNDS TO OLD DOMINION UNIVERSITY FOR SCHOLARSHIP AND PROGRAM ACTIVITIES BASED ON THE DONOR'S INTENTIONS. ALL DONOR RESTRICTIONS ARE FORWARDED TO THE APPROPRIATE UNIVERSITY OFFICIALS. DISBURSEMENT OF THE FUNDS IS MANAGED AND MONITORED BY THE UNIVERSITY IN COMPLIANCE WITH RESTRICTIONS AND IN ACCORDANCE WITH UNIVERSITY POLICIES AND PROCEDURE. THE PURPOSE OF THE GRANTS REPORTED IN PART II ARE TO ASSIST THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF OLD DOMINION UNIVERSITY AND THE ACTIVITIES AND OBJECTIVES OF OLD DOMINION UNIVERSTIY REAL ESTATE FOUNDATION, OLD DOMINION UNIVERSITY ALUMNI ASSOCIATION, AND OLD DOMINION UNIVERSITY MUSEUM FOUNDATION.

PART II, PURPOSE OF GRANT OR ASSISTANCE

TO ASSIST WITH THE ACTIVITIES AND OBJECTIVES OF EACH ORGANIZATION.

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArtGrp
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	19	ContributionCnt
Noncash Contributions Rpt F990	$124,407	NoncashContributionsRptF990Amt
Method Of Determining Revenues	SELLING PRICE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	TRAVEL COSTS	1	$145	FAIR MKT VALUE
Yes (X)	MISC. ITEMS	2	$50	FAIR MKT VALUE
Yes (X)	CONSULTING SERVICES	6	$3,500	FAIR MKT VALUE

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE M, PART I, COLUMN (B)	FormAndLineReferenceDesc
Explanation	FOR LINE 9(B), THE NUMBER OF STOCK DONATIONS RECEIVED (NOT SHARES) IS REPORTED.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I, LINE 1	OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION WAS ESTABLISHED TO RECEIVE, ADMINISTER, AND DISTRIBUTE FUNDS AND PROPERTY EXCLUSIVELY IN FURTHERANCE OF THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF ODU.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 TAX FORMS ARE REVIEWED BY THE FINANCE AND AUDIT AND EXECUTIVE COMMITTEES AND ARE PROVIDED TO VOTING MEMBERS OF THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	ONCE THE ANNUAL INTEREST DISCLOSURE FORMS ARE RECEIVED, MANAGEMENT REVIEWS THEM TO ENSURE THAT THERE ARE NO ISSUES. IN THE EVENT OF A CONFLICT OF INTEREST, THE AFFECTED TRUSTEE WILL ABSTAIN FROM PARTICIPATING IN THE DISCUSSION OF THE MATTER AND FROM VOTING ON IT.
FORM 990, PART VI, SECTION B, LINE 15	THE FOUNDATION RELIES ON OLD DOMINION UNIVERSITY'S WRITTEN CONTRACTS AND BOARD OF VISITORS APPROVALS OF COMPENSATION OF THE TOP MANAGEMENT OFFICIALS OF THE FOUNDATION.
FORM 990, PART VI, SECTION C, LINE 19	THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 24A	THE FOUNDATION HAS ENTERED INTO A STAFF SUPPORT AGREEMENT WITH THE UNIVERSITY IN WHICH THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THE COST OF CERTAIN STAFF MEMBERS PROPORTIONATE TO THE TIME DEVOTED TO SERVING THE FOUNDATION.
FORM 990, PART XII, LINE 2C	THE FOUNDATION'S FINANCE AND AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
FORM 990, PART XI, LINE 9	INCREASE IN ALLOWANCE FOR UNCOLLECTIBLE PROMISES TO GIVE $302,079 PLUS THE DECREASE IN THE VALUE OF SPLIT INTEREST AGREEMENTS $10,964 AND CHANGE IN THE VALUE OF INVESTMENTS HELD FOR RELATED ENTITIES $7,455,698.