2023-09-25T14:24:12-05:00 2022-12-31 BDO USA 300 E Main Street Suite 1300 Norfolk VA 23510 990 2022-01-01 546051933 OLD DOMINION ATHLETIC FOUNDATION % DIRECTOR OF ACCOUNTING/CFO OLDD 7576834524 4417 MONARCH WAY4TH FLOOR NORFOLK VA 23529 JENA VIRGA EXECUTIVE DIRECTOR 7576834524 2023-09-25 true JENA VIRGA 999009999 MARC BERGER P01871563 7576407190 2023-09-18 2 2022 2023-04-26 12:10:37Z JENA VIRGA 4417 MONARCH WAY4TH FLOOR NORFOLK VA 23529 22745986 false X WWW.OLDDOMINIONAF.COM X 1964 VA SEE SCHEDULE O SUPPLEMENTAL INFORMATION FOR ORGANIZATION'S MISSION 40 40 0 45 0 0 6624651 14284447 0 0 21047 82749 -11571 61151 6634127 14428347 6279353 9687093 0 0 0 0 0 0 215046 2003192 4396206 8282545 14083299 -1648418 345048 75318666 70701057 734113 380903 74584553 70320154 X THE MISSION OF OLD DOMINION UNVERSITY ATHLETIC FOUNDATION IS: A. TO FINANCIALLY AID AND SUPPORT THE ATHLETIC PROGRAMS OF OLD DOMINION UNIVERSITY. B. TO STRENGTHEN AND SUPPORT THE EDUCATIONAL PURPOSES OF OLD DOMINION UNIVERSITY'S ATHLETIC PROGRAMS IN ACCORDANCE WITH THE RULES AND REGULATIONS OF THE NCAA AND THE APPROPRIATE AFFILIATED CONFERENCE(S) AND THE UNIVERSITY. false false 13135702 9687093 0 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. 13135702 true true false false false false false false false true true false false true true false true false false false false false false false true false false true false false false false false false false false false false true false false false false false false false false true 7 0 true 0 false false false false true true true true true 1 false false true false false false X 40 40 false false false false false false false true true false false true true true true true true false false false VA X DIRECTOR OF ACCOUNTINGCFO 7576834471 4417 MONARCH WAY 4TH FLOOR NORFOLK VA 23529 X X H SCOTT HARDISON CHAIR 0.3 0.0 X X 0 0 0 KELLY TILL FIRST VICE CHAIR 0.3 0.0 X X 0 0 0 RUSSELL S TURNER SECOND VICE TRUSTEE 0.1 0.0 X X 0 0 0 THOMAS F CHERRY SECRETARY/TREASURER 0.3 0.0 X X 0 0 0 MONIQUE ADAMS TRUSTEE 0.1 0.0 X 0 0 0 JERRY BOWMAN TRUSTEE 0.1 0.0 X 0 0 0 WILLIAM BROTHERS TRUSTEE 0.1 0.0 X 0 0 0 GERALD P BRUNICK TRUSTEE 0.1 0.0 X 0 0 0 AUDRA BULLOCK TRUSTEE 0.1 0.0 X 0 0 0 JEFFREY S CHERNITZER TRUSTEE 0.1 0.0 X 0 0 0 DANIEL J CLARKSON TRUSTEE 0.1 0.0 X 0 0 0 CAROL CURTIS TRUSTEE 0.1 0.0 X 0 0 0 TREY DUDLEY TRUSTEE 0.1 0.0 X 0 0 0 MICHAEL FOWLER TRUSTEE 0.1 0.0 X 0 0 0 JEROME B FRIEDMAN TRUSTEE 0.1 0.0 X 0 0 0 AMY FROSTICK TRUSTEE 0.1 0.0 X 0 0 0 CHARLES G HACKWORTH II TRUSTEE 0.1 0.0 X 0 0 0 BRIAN K HOLLAND TRUSTEE 0.1 0.0 X 0 0 0 THOMAS M JOHNSTON TRUSTEE 0.1 0.0 X 0 0 0 RICHARD F KIEFNER JR TRUSTEE 0.1 0.0 X 0 0 0 BARRY M KORNBLAU TRUSTEE 0.1 0.0 X 0 0 0 JEFFREY D KORNBLAU TRUSTEE 0.1 0.0 X 0 0 0 ROBERT G KREBS TRUSTEE 0.1 0.0 X 0 0 0 RICHARD A MCGRATH TRUSTEE 0.3 0.0 X 0 0 0 JEREMY MCLENDON TRUSTEE 0.1 0.0 X 0 0 0 JOSEPH MERSEL TRUSTEE 0.1 0.0 X 0 0 0 EG MIDDLETON III TRUSTEE 0.1 0.0 X 0 0 0 GEORGINA MILLER TRUSTEE 0.1 0.0 X 0 0 0 ALEX MITCHUM TRUSTEE 0.1 0.0 X 0 0 0 ROBIN D RAY TRUSTEE 0.1 0.0 X 0 0 0 EDWARD J REED TRUSTEE 0.1 0.0 X 0 0 0 RONALD C RIPLEY TRUSTEE 0.1 0.0 X 0 0 0 CONRAD SHUMADINE TRUSTEE 0.1 0.0 X 0 0 0 JAMES S SOMERS TRUSTEE 0.1 0.0 X 0 0 0 DAVID STOCKMEIER TRUSTEE 0.1 0.0 X 0 0 0 RICHARD B THURMOND TRUSTEE 0.1 0.0 X 0 0 0 W RUSSELL TURNER TRUSTEE 0.1 0.0 X 0 0 0 KATHRYN M VAN BUREN TRUSTEE 0.1 0.0 X 0 0 0 WM ADAM WHITE TRUSTEE 0.1 0.0 X 0 0 0 BRIAN HEMPHILL EX-OFFICIO 0.1 0.0 X 0 0 0 ANDRE WELLS EX-OFFICIO 0.1 0.0 X 0 0 0 CAMDEN WOOD SELIG EX-OFFICIO 0.1 0.0 X 0 0 0 MIKE LAROCK ASST. TREASURER(BEGIN 9/2022) 9.0 0.0 X 0 0 0 MARGARET LIBBY ASST. TREASURER(THRU 9/2022) 9.0 0.0 X 0 0 0 CINDY GALL ASST. SECRETARY(BEGIN 11/2022) 13.0 0.0 X 0 0 0 DONNA MANGLICMOT ASST. SECRETARY(THRU 5/2022) 13.0 0.0 X 0 0 0 ALONZO BRANDON THRU 22022 EX-OFFICIO/EXECUTIVE DIRECTOR 10.0 0.0 X 0 0 0 JENA VIRGA BEGIN 22022 EXECUTIVE DIRECTOR 10.0 0.0 X 0 0 0 0 0 0 0 false false false LONGHORM LOCKER COMPANY LLC 503 W CR 109 PO BOX 375 VENUS TX 76084 FOOTBALL LOCKERS 474680 AIR PLANNING LLC 2 MAIN STREET SALEM NH 03079 AIR CHARTERS 368896 ARAMARK SERVICES INC 4320 HAMPTON BOULEVARD NORFOLK VA 23529 FOOD AND BANQUET SVC 292824 PowWow LLC DBA Pass Charters 6540 Highland Road SUite 1 WATERFORD MI 48327 AIR CHARTERS 132790 TAYMAR SALES U LLC 210 N PINE VALLEY ROAD WINSTON SALEM NC 27104 TICKET SALES MGT SVC 103294 5 136086 14148361 1761027 14284447 0 82043 82043 0 0 50939 50939 0 0 0 7998131 69600 8018364 48661 -20233 20939 706 706 204658 136086 199675 4983 4983 0 0 0 0 0 0 OTHER INCOME 999999 56168 56168 56168 14428347 143900 9687093 9687093 0 0 0 0 0 0 0 0 0 0 0 69050 69050 0 0 485 485 111153 106952 121 4080 0 6012 1842 4170 0 0 0 547844 510131 606 37107 0 0 0 0 21152 21152 9229 9229 ATHELTIC CONFERENCE FEES 1750000 1750000 EQUIPMENT 474680 474680 GAME TICKETS AND GUARANTEES 360000 360000 MEALS AND BANQUET SERVICES 313003 146101 4645 162257 733598 70364 655802 7432 14083299 13135702 732551 215046 515144 748706 0 0 13074615 14783252 84992 40259 0 0 0 0 0 0 0 0 0 0 587636 295145 90712 292491 9934678 8150742 0 0 0 0 0 0 51618525 46685607 75318666 70701057 388177 247436 0 0 0 0 0 0 0 0 0 0 0 0 0 0 345936 133467 734113 380903 X 26642353 19651267 47942200 50668887 74584553 70320154 75318666 70701057 X 345048 13872 -4623319 X X false true X true false X 13618479 11052002 10855231 6632911 14284447 56443070 0 0 13618479 11052002 10855231 6632911 14284447 56443070 8561601 47881469 126357 134889 54024 24829 82043 422142 73751 31520 45854 0 4983 156108 14450 201295 0 0 56168 271913 57293233 0.83573 0.92616 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39043190 2812698 -3468291 1378772 37008825 31359824 2631139 6407297 1355070 39043190 26674095 2452808 3390250 643259 514070 31359824 23265488 544090 4019244 491678 663049 26674095 23857615 756967 -266735 693067 389292 23265488 0.24430 0.52360 0.23210 true false 587636 295145 292491 0 0 0 292491 INVESTMENTS HELD BY ODUEF 46503039 PREPAID EXPENSES 95275 OTHER ASSETS 87293 46685607 0 PRIORITY SEATING & DEFERRED RE 133467 133467 X 9879434 13872 31019 44891 9834543 485 4593319 4593804 14428347 14143833 31019 30000 61019 14082814 485 485 14083299 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF 110 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. TAX YEARS BEFORE 2018 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: PART XI LINE 4B INCLUDES THE DECREASE IN THE VALUE OF INVESTMENTS HELD BY OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION [$4,623,319], GAIN ON THE SALE OF FIXED ASSETS [$20,939] AND IMPUTED RENT EXPENSES PRESENTED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON THE FINANCIAL STATEMENTS [$50,939]. PART XII, LINE 2D: PART XII LINE 2D INCLUDES GAIN ON THE SALE OF FIXED ASSETS [$20,939] AND IMPUTED RENT REPORTED ON THE STATEMENT OF REVENUE FOR TAX RETURN PURPOSES [$50,939]. Womens Golf 33700 33700 21193 24909 22630 Womens BBall 30510 30510 1200 7114 12660 13 276534 136086 140448 9620 9360 43946 47043 340744 136086 204658 32013 9360 75969 82333 199675 4983 true OLD DOMINION UNVERSITY 5115 HAMPTON BOULEVARD N NORFOLK VA 23529 546000884 GOV 9687093 SEE PART IV 1 0 Schedule I, Part I, Line 2 The foundation provides funds to Old Dominion University for scholarship and program activities based on the donors 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 procedures. PART II, LINE 1H: PURPOSE OF GRANT OR ASSISTANCE TO ASSIST WITH PURPOSE OF OLD DOMINION UNVERSITY X 1 90000 Fair Market Value X 54 1668820 Selling Price X Donated Prop 2 2207 FMV false true false SCHEDULE M, PART I, COLUMN (B): FOR LINE 9(B), THE NUMBER OF STOCK DONATIONS RECEIVED (NOT SHARES) IS REPORTED. FOR LINE 7 & 25, THE NUMBER OF CONTRIBUTIONS IS REPORTED. FORM 990, PART I, LINE 1: THE MISSION OF OLD DOMINION UNVERSITY ATHLETIC FOUNDATION IS: A. TO FINANCIALLY AID AND SUPPORT THE ATHLETIC PROGRAMS OF OLD DOMINION UNIVERSITY. B. TO STRENGTHEN AND SUPPORT THE EDUCATIONAL PURPOSES OF OLD DOMINION UNIVERSITY'S ATHLETIC PROGRAMS IN ACCORDANCE WITH THE RULES AND REGULATIONS OF THE NCAA AND THE APPROPRIATE AFFILIATED CONFERENCE(S) AND THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B: THE 990 TAX FORMS ARE REVIEWED BY THE FINANCE AND AUDIT AND EXECUTIVE COMMITTEES AND PROVIDED TO VOTING MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15: THE FOUNDATION RELIES ON OLD DOMINION UNIVERSITY'S WRITTEN CONTRACTS AND THE BOARD OF VISITORS' APPROVAL OF COMPENSATION OF THE MANAGEMENT OFFICERS OF THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. 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: OTHER CHANGES PART XI LINE 9 INCLUDES THE DECREASE IN THE VALUE OF INVESTMENTS HELD BY OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION [$4,623,319].