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- General Policies
Solicitation for gifts for the university or any of its colleges, schools,
departments, centers, institutes, or programs must have the prior written
approval of the president or a designated representative. Private gifts or grants which entail a commitment on the part of the
university may not be accepted without the written approval of the president
or a designated representative. All gifts shall be received, recorded, and acknowledged by the Office
of Development of the university. Private gifts or grants are received on behalf of the university by
the Old Dominion University Educational Foundation and the Old Dominion
University Intercollegiate Foundation. The university (as opposed to
the foundations) receives gifts when specifically requested by a donor
and when it is in the best interests of the university to do so. The president of the university shall establish policies to provide
for the orderly and prudent transfer of funds from the foundations to
the university. The president of the university may establish additional policies governing
the solicitation or acceptance of gifts in the name of the university.
- Commemorative Gift Opportunities
- Named Facilities
A building, a room, a space or an area on campus may be named to recognize
a substantial gift. This is provided for in the Board of Visitors' Policy
on the Naming of University Buildings, Building Spaces, or Areas. - Named Programs
A college, school, department, center or institute may be named by the
Board of Visitors to recognize a substantial endowment gift. - Eminent Scholars
The Commonwealth of Virginia established the Eminent Scholars program
in 1964 to encourage endowment gifts to attract and retain outstanding
faculty. The program provides state funds to match the income from
endowments established for this purpose. Virginia was the first state
to establish such a program. Old Dominion University has participated
in this program from its inception and encourages such endowment gifts. - Named Chair
A chair may be named in recognition of an endowment gift sufficient to
provide for the entire compensation of a distinguished scholar. Ideally,
such an endowment would provide for secretarial, travel, and research
support in addition to compensation. - Named Professorship
A professorship may be named in recognition of an endowment gift for
a salary supplement sufficient to attract and retain a distinguished
scholar. - Named Visiting Scholar or Artist
A visiting scholar or artist may be named in recognition of an endowment
gift sufficient to provide for the cost of such a program. - Named Lectureship
A lectureship or lecture series may be named in recognition of an endowment
gift sufficient to provide for an honorarium and expenses related to
the lecture. - Named Fellowship
A fellowship may be named to recognize a current gift or an endowment
gift sufficient to provide for at least the full cost of tuition and
fees and a research stipend for a graduate student. - Named Scholarship
A scholarship may be named to recognize a current gift or an endowment
gift sufficient to provide for at least one half of the cost of tuition
and fees for an undergraduate student. An athletic grant-in-aid may
be named to recognize an endowment gift sufficient to provide for tuition,
fees, room and board, and books for a student-athlete. - Other Named Funds
The president of the university may establish other named funds such
as library or book funds, loan funds, or prize funds when a gift or
gifts are sufficient to meet an objective of the university.
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