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ODU Endowment Information


Even with the challenges presented by COVID-19 and despite its rocky start, we are pleased to report that the Foundation’s fiscal year 2020 (January 1, 2020 – December 31, 2020) was another good year for the endowments of the University and its Foundations. The endowments grew by 11.6% over that year, and our 10-year performance of 7.9% exceeded our 7.0% goal. We also fared well nationally when compared to the performance of our peers, as our June 30, 2020, performance exceeded the national average reported for just over 700 Colleges and Universities.

In the interim, during the year ending June 30, 2021, the Foundation’s endowment pool again showed strong one year turns of 28.12%, growing to over $340 Million. Long term returns were similarly strong. Over the three- and five-year periods, returns were 11.92% and 11.72%, respectively.  The ten-year return of 8.45% exceeds our long-term goal of 7%.

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 in its goal of structuring an investment program that will 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 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.

Andrew Evans '19
The Sree Taposh Kumar & Sreemati Bulu Rani Chowdbury Memorial Scholarship

Success Starts Here

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