Endowed Scholarships and Program Support
Your Gift Can Last Forever
An endowment gift to Old Dominion University today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at ODU. The remaining funds are reinvested to ensure indefinite support.
Start Paying It Forward
View and download your FREE copy of Endowments: A Gift That Lasts Forever.View My Guide
Gifts That Pay You Income
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.View My Guide
An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure ODU continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.
Susan and Charlie make a $25,000 donation to ODU, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.
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- Contact Barbara M. Henley, CFRE at 757-683-6563 or email@example.com or Brett A. Smiley, CFRE at 757-683-4735 or firstname.lastname@example.org to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include ODU in your plans, please use our legal name and federal tax ID.
Legal Name: Old Dominion University Educational Foundation
Address: 4417 Monarch Way, Norfolk, VA 23529
Federal Tax ID Number: 54-6052014
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.