2026-04-30T10:29:57+00:00 2025-06-30 440160260 Forvis Mazars LLP One Oak Plaza Suite 300 Asheville NC 28801 990 2024-07-01 237053028 Eastern Virginia Medical School Foundation EAST 7574466051 PO BOX 5 NORFOLK VA 235010005 Jane R Short Treasurer 7574466065 2026-04-30 true true Amy Bibby P00445891 8282542254 2026-03-27 2024 2025-03-06 01:10:19Z Jane R Short PO BOX 5 NORFOLK VA 235010005 16749804 false X N/A X 1969 VA The Eastern Virginia Medical School Foundation serves to strengthen the financial security of Macon & Joan Brock Virginia Health Sciences at Old Dominion University by accepting, investing and managing gifts, donations and bequests. 23 23 0 21 223153 221758 4363916 4556152 0 10165532 11799989 143627 36869 14673075 16393010 10043531 9149204 0 226752 208137 46050 0 80608 1356928 951434 11673261 10308775 2999814 6084235 184852997 196378391 663617 94495 184189380 196283896 X The Eastern Virginia Medical School Foundation serves to strengthen the financial security of Macon & Joan Brock Virginia Health Sciences at Old Dominion University by accepting, investing and managing gifts, donations and bequests. false false 4519675 4519675 36869 RESTRICTED GRANTS GIVEN TO Macon & Joan Brock Virginia Health Sciences at Old Dominion University FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS. 2303447 2303447 APPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF Macon & Joan Brock Virginia Health Sciences at Old Dominion University APPROVED BY THE BOARD OF THE FOUNDATION. 1309220 1309220 APPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF Macon & Joan Brock Virginia Health Sciences at Old Dominion University FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS 1016862 1016862 APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT Macon & Joan Brock Virginia Health Sciences at Old Dominion University APPROVED BY THE BOARD OF THE FOUNDATION. 1016862 1016862 9149204 true true false false false false false false false true false true false false true true true false false false false false false false false false false true true false false false false false false false false false false false true false false false false false false false false false true 15 0 true 0 true true false false false false false false false false false false false X 23 23 false false false false false false false true true false false false true true true true true true true true false false CA CO KY ME MA MI MN NH NJ NY OH OK OR SC UT WA X Thomasin Chrisman Assistant Treasurer 7574466065 PO BOX 5 NORFOLK VA 235010005 X Brad Waitzer Chair 1.0 X X 0 0 0 CLYDE T CLARK JR Secretary 1.0 X X 0 0 0 JANE R SHORT Treasurer 1.0 X X 0 0 0 Kirkland Kelley Vice-Chair 1.0 X X 0 0 0 Andrew S Fine TRUSTEE 1.0 X 0 0 0 Aubrey Layne Jr TRUSTEE 1.0 X 0 0 0 B THOMAS MANSBACH TRUSTEE 1.0 X 0 0 0 Conrad Hall TRUSTEE 1.0 X 0 0 0 Hans VonKruger TRUSTEE 1.0 X 0 0 0 Harold Jones III TRUSTEE 1.0 X 0 0 0 Jeffrey Patton JR TRUSTEE 1.0 X 0 0 0 Karen FINE TRUSTEE 1.0 X 0 0 0 LEWIS W WEBB III TRUSTEE 1.0 X 0 0 0 Louis F Ryan TRUSTEE 1.0 X 0 0 0 MARK B DREYFUS TRUSTEE 1.0 X 0 0 0 MARK D MANION TRUSTEE 1.0 X 0 0 0 Michelle Butler TRUSTEE 1.0 X 0 0 0 Patricia Y King TRUSTEE 1.0 X 0 0 0 Preston White TRUSTEE 1.0 X 0 0 0 RANDOLPH HOOVER TRUSTEE 1.0 X 0 0 0 SHIRLEY C BALDWIN TRUSTEE 1.0 X 0 0 0 Vandana A Patel TRUSTEE 1.0 X 0 0 0 Wayne Wilbanks TRUSTEE 1.0 X 0 0 0 0 0 0 0 false false false 0 4556152 369804 4556152 0 0 0 0 0 3073483 223153 2850330 0 0 9083300 356794 8726506 0 8726506 8726506 NET LIFE INSURANCE ACTIVITY 524298 36869 36869 0 0 0 0 36869 16393010 36869 223153 11576836 9130951 9130951 18253 18253 153140 153140 54997 54997 18345 18345 53734 53734 784521 784521 80608 0 0 80608 1119 1119 1422 1422 GENERAL EXPENSES 8711 8711 MERCHANT FEES 1524 1524 REGISTRATION FEES 1450 1450 0 0 0 0 10308775 9149204 1078963 80608 2626269 1478650 11450811 10598542 3853087 3593456 0 0 0 0 0 0 0 0 35595085 42482002 129428255 136252966 0 1899490 1972775 184852997 196378391 26078 55151 0 0 637539 39344 663617 94495 X 25556995 27765495 158632385 168518401 184189380 196283896 184852997 196378391 6084235 6010281 0 X X false true true false X 18448443 9527358 9942566 4363916 4556152 46838435 0 0 18448443 9527358 9942566 4363916 4556152 46838435 3237485 43600950 1169331 1272794 1771509 2441826 2850330 9505790 0 93635 21984 32357 33794 36869 218639 56562864 0 0.77084 0.79853 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - NET LIFE INSURANCE ACTIVITY, COLUMN A - 30689.0, COLUMN B - 21984.0, COLUMN C - 32357.0, COLUMN D - 33794.0, COLUMN E - 36869.0, COLUMN F - 155693.0; DESCRIPTION - FUNDRAISING REIMBURSEMENT, COLUMN A - 62946.0, COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 62946.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 160004549 1493755 16009153 5528771 171978686 148452972 2064694 14323795 4836912 160004549 137625711 5540258 9442238 4155235 148452972 152680070 4149324 -15050978 4152705 137625711 115609034 2571213 37865241 3365418 152680070 0.15 0.55 0.3 false false Closely-held equity interests Financial derivatives Alternative Investments 136252966 F 136252966 Federal Income Taxes AMOUNT DUE TO AFFILIATES 39344 39344 X 22067380 6010281 448610 0 6458891 15608489 784521 0 784521 16393010 9972864 448610 0 448610 9524254 784521 0 784521 10308775 Schedule D, Part V, Line 4 Intended uses of endowment funds THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 200 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. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and the tax statutes of the Commonwealth of Virginia; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. Certain investment earnings may be subject to unrelated business income tax but the earnings have been immaterial. The Foundation has determined that it does not have any material unrecognized tax obligations as of June 30, 2025 and 2024. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements UBI TAX - Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements UBI TAX - true Old Dominion University PO BOX 1980 Norfolk VA 23501 546000884 9038488 SUPPORT EVMS PROFESSORSHIPS, CHAIRS, OPERATIONS, AND SCHOLARSHIPS 1 0 Awards 10 18253 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds PROGRAM EXPENDITURES ARE MONITORED BY THE ACCOUNTING OFFICE FOR FINANCIAL AVAILABILITY AND THE DEVELOPMENT OFFICE TO MATCH THE EXPENDITURE AGAINST THE DONOR RESTRICTIONS. 22 369804 Other - QUOTED STOCK PRICES 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - SECURITIES - PUBLICLY TRADED - THE NUMBER OF STOCK DONATIONS RECEIVED (NOT SHARES) IS REPORTED. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 1,016,862 including grants of $ 1,016,862) APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT Macon & Joan Brock Virginia Health Sciences at Old Dominion University APPROVED BY THE BOARD OF THE FOUNDATION. Form 990, Part VI, Line 11b Review of form 990 by governing body A complete draft of Form 990, including all required schedules, was reviewed by the Finance and Investment Committee prior to filing. The committee reviewed the return and provided any comments or questions to management and the preparer, and the return was finalized and submitted after that review. Form 990, Part VI, Line 12c Conflict of interest policy EACH TRUSTEE OF THE BOARD IS REQUIRED TO DISCLOSE CONFLICT OF INTEREST ANNUALLY. INDEPENDENT COMMITTEES EVAULATE CONFLICT OF INTERESTS AND TRUSTEES WITH CONFLICTS OF INTEREST ARE NOT PERMITTED TO VOTE ON PROPOSALS RELATED TO CONFLICT OF INTEREST. Form 990, Part VI, Line 15a Process to establish compensation of top management official It IS THE POLICY OF THE EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION TO PAY WAGES AND SALARIES WHICH APPROPRIATELY RECOGNIZE JOB RESPONSIBILITIES AND INDIVIDUAL PERFORMANCE AND ARE COMPETITIVE IN THE JOB MARKET IN ORDER TO ATTRACT, RETAIN, REWARD, AND MOTIVATE EMPLOYEES. THE WAGES AND SALARIES ARE PAID BY Old Dominion University AND REIMBURSED BY THE FOUNDATION. Form 990, Part VI, Line 19 Required documents available to the public UPON REQUEST Form 990, Part XII, Line 2c Change of oversight process or selection process NO CHANGES TO OVERSIGHT COMMITTEE FROM PRIOR YEAR.