ODU Endowment Information
2017 was again a good year for the endowments of the University and its Foundations. The endowments grew by over 16%, increasing in value by over $35 million over the past year. Our total investment pool, which includes the $240 million endowment, topped the $250 million mark. Our intermediate term performance at 7.6% for 5 years exceeded our 7.2% annual goal. We fared well nationally when compared to the performance of other college and university endowments as our trailing 12 month performance through June 2017 exceeded that of our peers with a return of 13.1% compared to an average return of 12.2%.
Over the long term, we, like most endowment managers, are cautious about future market conditions. We continue to identify and fund high quality, diversified investments in both public and private markets that include equity, fixed income and real assets. We remain disciplined in our approach, knowing that the markets cannot be timed, and we are committed to a strategic asset allocation that provides risk-reducing diversification.
The Foundation will continue to pursue its goal of structuring an investment program to provide future generations of Monarchs with enhanced and substantial private financial support.
Your support of Old Dominion University is creating a strong future not only for this amazing University and our students, but also for the community and for the world. We truly appreciate your generosity. Please tell us why you are leaving your legacy here at the ODU. Please print the form and once it is completed please email it to email@example.com or mail it to 4417 Monarch Way, 4th Floor, Norfolk, Virginia 23529.
I hope I can use my skills to serve my community through medicine.