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What is the VHSA Foundation?
The Virginia Horse Shows Association Foundation (VHSAF) is a Virginia Corporation (June
19, 1997), which has been recognized for exemption under section 501(c)(3) of the Internal
Revenue Code. Contributions made to VHSAF are deductible as charitable contributions. This
organization is separate from the Virginia Horse Shows Association, Inc. (1947), but the
two groups plan to work hand in hand for the benefit of the various causes of the
Foundation.
What does VHSAF Benefit?
Generally speaking, the charity benefits individuals in need who are related
directly or indirectly to the world of horse showing. The Foundation also anticipates
benefiting other charitable organizations.
More specifically, the Foundation directs its efforts in the following activities:
Who manages the Foundation?
The organization is managed by a Board of Directors who will meet at least four times per
year to decide how to distribute available funds in such a way that will best benefit each
cause. Application forms will be distributed to those individuals or organizations who
wish to apply for Foundation grants, and the Board of Directors will act based upon
information received through this process as well as through follow up investigation.
The board consists of not less than five (5) Directors nor more than fifteen (15), who are
to be elected by the Board of Directors by a majority vote for a term of three years.
Officers will be elected by the Board on an annual basis.
Who are the members of VHSAF?
As provided in the Articles of Incorporation, the organization shall have one class of
members consisting of individuals, corporations, or entities that contribute to the
Corporation in furtherance of its purposes. Members serve on various committees
established by the Board. The members will meet at least once a year, which shall be the
annual meeting to be held between November 15 and December 15 of each year. Business to be
conducted at the annual meeting shall include the announcement of new members, reviewing
the annual report presented by the Board of Directors and any other reports by officers
and committees, and the business presented by the President.
How does the Foundation raise funds?
The Foundation plans to build an endowment, so that benefits can be generated from
interest rather than principal. This endowment will be built through solicitation of tax
deductible dollars from both individuals, corporations, and other entities. At least one
major fundraising event will be planned each year and ongoing fundraising activities will
be initiated by the Fundraising Committee.
There will also be programs which will generate funds through estate planning that will
include a Benefactor Gift Commitment Program.
How are the day to day operations managed?
The Foundation plans to hire, on an as needed basis, the services of an
Executive Secretary. This individual will maintain records and coordinate the activities
of the Board as well as the various committees.
How do the Virginia Horse Shows Association (VHSA) and VHSAF work
together?
In addition to many of the volunteer Directors serving for both causes, the two
organizations will share office space, as well as personnel. Many of the scholarship and
educational endeavors now undertaken by the VHSA can now be handled by the Foundation.
This, along with sharing some office and personnel expense, will benefit the VHSA by
directly reducing operating expenses. In other words, the two groups will be able to
operate as brother/sister organizations allowing each to concentrate solely on their
individual priorities, while benefiting the Virginia horse show community.
How do I become a member?
A charitable contribution of any amount constitutes membership. An acknowledgment of your
contribution will be forthcoming along with your membership card. You will also receive
regular newsletters as to the activities of the Foundation, which will include news
concerning the various causes which you have helped to benefit. Click here
or on the Pledge Card button below to view the Pledge Card. The Pledge Card page can be
printed and sent to the Foundation office along with your tax deductible contribution, or
call the VHSAF office at (540) 349-0910 for a brochure.
Annual Giving Levels
| Grand Champion | Over $1,000 |
| Champion | $501 - $1,000 |
| Blue Ribbon | $301 - $500 |
| Red Ribbon | $101 - $300 |
| Yellow Ribbon | $51 - $100 |
| White Ribbon | $25 - $50 |
| Charter Member: Any contribution of $1OO or more during the first year. | |