Virginia Hemophilia Foundation meets the 20 Standards for Charity Accountability.
Virginia Hemophilia Foundation (VHF) provides education, advocacy and community support for individuals impacted by inherited bleeding disorders. Educational opportunities offered by the organization include an annual education meeting, information delivered via VHF's Facts N' Factors newsletter and social media outlets, and scholarship opportunities. VHF participates in national and federal advocacy initiatives, such as the VHF's "Richmond Days" and the National Hemophilia Foundation?s "Washington Days." The organization's advocacy efforts also include teen and adult advocacy education programs, and a Virginia state advocacy working group. VHF builds community by strengthening relationships and offering support through various programs, including a family assistance program, a weeklong summer camp for kids and teens, and programs that are specifically tailored to meet the needs of caregivers, families, women, men, teens, and children.
For the year ended June 30, 2020, Virginia Hemophilia Foundation's program expenses were:
Program services |
$323,475 |
Total Program Expenses: |
$323,475 |
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events
Fundraising costs were 10% of related contributions. (Related contributions, which totaled $410,615, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Virginia Hemophilia Foundation's audited financial statements for the year ended June 30, 2020.
Source of Funds |
Contributions and grants |
$371,364 |
Fundraising and special events, net |
$39,251 |
Investment income |
$23,716 |
Realized and unrealized gains, net |
$16,658 |
Advertising income |
$13,750 |
Total Income |
$464,739 |
- Programs: 78%
- Administrative: 12%
- Fundraising: 10%
Total Income |
$464,739 |
Program expenses |
$323,475 |
Fundraising expenses |
$42,743 |
Administrative expenses |
$50,621 |
Other expenses |
$0 |
Total expenses: |
$416,839 |
Income in Excess of Expenses |
$47,900 |
Beginning Net Assets |
$1,335,760 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$1,383,660 |
Total Liabilities |
$105,937 |
Total Assets |
$1,489,597 |
Note: As reported by VHF, during the year ended June 30, 2020, the organization received in-kind contributions of $11,113 including goods for a charity auction ($7,613) and other ($3,500).