2024-11-12T08:04:36-05:00 2023-12-31 541451026 HARRIS HARDY & JOHNSTONE PC 300 ARBORETUM PL STE 660 RICHMOND VA 23236 990 2023-01-01 311647903 VIRGINIA WAR MEMORIAL FOUNDATION INC VIRG 8047862060 621 SOUTH BELVIDERE STREET RICHMOND VA 232206504 BILL DAVIS TREASURER 8047862060 2024-05-07 true true FRANK S WARREN JR P00440601 8045600560 2024-05-07 2023 2024-10-15 13:58:12Z BILL DAVIS 621 SOUTH BELVIDERE STREET RICHMOND VA 23220 3940557 false X WWW.VAWARMEMORIAL.ORG X 1999 VA TO PROMOTE AND RAISE FUNDS FOR THE VIRGINIA WAR MEMORIAL, A STATE AGENCY OF VIRGINIA, WHICH WAS CREATED FOR THE PURPOSE OF HONORING PATRIOTIC VIRGINIANS WHO RENDERED FAITHFUL SERVICE AND SACRIFICE IN THE CAUSE OF FREEDOM AND LIBERTY FOR THE COMMONWEALTH AND THE NATION IN TIME OF WAR. 26 26 5 34 0 1339849 1070167 9957 264643 286772 55749 43250 1660241 1410146 0 0 369551 458663 0 108326 433885 631071 803436 1089734 856805 320412 9323212 10518889 48125 60854 9275087 10458035 X TO PROMOTE AND RAISE FUNDS FOR THE VIRGINIA WAR MEMORIAL, A STATE AGENCY OF VIRGINIA, WHICH WAS CREATED FOR THE PURPOSE OF HONORING PATRIOTIC VIRGINIANS WHO RENDERED FAITHFUL SERVICE AND SACRIFICE IN THE CAUSE OF FREEDOM AND LIBERTY FOR THE COMMONWEALTH AND THE NATION IN TIME OF WAR. false false 762257 PROGRAM SERVICES INCLUDE HISTORIC INTERVIEWS, ELECTRONIC NEWSLETTERS, A SERIES OF ON-SITE AND OFF-SITE EDUCATION PROGRAMS AND VARIOUS OTHER PROGRAMS AND CEREMONIES TO EDUCATE AND RECOGNIZE THE SACRIFICES THAT VETERANS HAVE MADE FOR THEIR COUNTRY. 762257 true true false false false false false false false true true false false false true true true true false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 8 0 5 true false false false false false true true false false false false false false false false X 26 26 false false false false false false false true true false false true true true true true true true true false VA X X X PAM SEAY 8047862069 621 SOUTH BELVIDERE STREET RICHMOND VA 23220 PAMELA R SEAY PRESIDENT 40.00 X 142944 0 0 MARY-MICHAEL WACHUR DIR. OF COMM 40.00 X 108945 0 0 ROBERT A ARCHER DIRECTOR 1.00 X 0 0 0 LACYN BARTON DIRECTOR 1.00 X 0 0 0 JUDY BROWN DIRECTOR 1.00 X 0 0 0 DAVID A CHRISTIAN DIRECTOR 1.00 X 0 0 0 BILL DAVIS TREASURER 5.00 X X 0 0 0 STEPHEN DICKINSON DIRECTOR 1.00 X 0 0 0 ROBERT B FLOWERS DIRECTOR 1.00 X 0 0 0 JAMIE GALANTI DIRECTOR 1.00 X 0 0 0 WILLIAM J HOWELL DIRECTOR 1.00 X 0 0 0 JOHN COGBILL III DIRECTOR 1.00 X 0 0 0 JOSEPH C BARTO III SECRETARY 5.00 X X 0 0 0 FRANK F RENNIE IV DIRECTOR 1.00 X 0 0 0 JOSEPH INGE DIRECTOR 1.00 X 0 0 0 RICHARD ST JOHN JR 1ST VICE CHA 5.00 X X 0 0 0 ALEXANDER B MCMURTRIE JR DIRECTOR 1.00 X 0 0 0 JOHN A LUKE JR DIRECTOR 1.00 X 0 0 0 MICHAEL L SANTORO JR 2ND VICE CHA 5.00 X X 0 0 0 ROBERT M DYESS JR DIRECTOR 1.00 X 0 0 0 ALISON M KAUFMANN DIRECTOR 1.00 X 0 0 0 MICHAEL A KORD DIRECTOR 1.00 X 0 0 0 SHARI E LITOW DIRECTOR 1.00 X 0 0 0 JOHN M O'BANNON DIRECTOR 1.00 X 0 0 0 KATHLEEN P OWENS CHAIR 5.00 X X 0 0 0 MICHAEL M RAND DIRECTOR 1.00 X 0 0 0 LINDA V SCHREINER IMMEDIATE PA X X 0 0 0 RONALD O WHITE DIRECTOR 1.00 X 0 0 0 251889 2 false false false 1070167 26630 1070167 EVENTS 9957 9957 9957 373074 373074 58832 58832 58832 58832 2410091 2496393 -86302 -86302 -19 -86283 8795 27573 -18778 9641 6445 3196 3196 1410146 9938 348819 X 251887 169522 57177 25188 154253 75105 15838 63310 21571 12993 3878 4700 30952 18643 5565 6744 17950 17950 29164 29164 18807 1217 17590 15511 15203 308 5001 639 4075 287 7579 3421 4158 14871 172 14699 2594 2594 EVENTS 87288 84811 2477 GREEN SPACE 79682 79682 PROGRAM FILM PRODUCTION 72500 72500 PROGRAM EXPENSE: DISPLAYS 68607 68607 211517 159742 46155 5620 1089734 762257 219151 108326 208183 141978 1190390 1406901 327127 31065 11389 9968 1215 29266 1482 1482 7584908 8899711 9323212 10518889 729 14815 8737 2538 38659 43501 48125 60854 X 8108525 9169951 1166562 1288084 9275087 10458035 9323212 10518889 320412 862536 X false true X true false X 2058220 1317072 3970788 1339849 1070167 9756096 2058220 1317072 3970788 1339849 1070167 9756096 4507861 5248235 43283 47008 240109 281099 431906 1043405 12663 4926 4942 5561 9641 37733 10837234 174917 0.48430 0.61400 X PART II, LINE 10 GIFT SHOP 37,733 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7487876 329000 1065841 121800 8760920 8688383 314439 -1470946 44000 7487876 2335797 5823477 529109 8688383 66379 2013587 255831 2335797 47022 9065 10292 66379 0.98440 0.01560 false false 450 450 1032 1032 ANNUITY OBLIGATIONS 43501 43501 X 2243518 862536 862536 1380982 29164 29164 1410146 1060570 1060570 29164 29164 1089734 SCHEDULE D, PAGE 2, PART V, LINE 4 FUNDS FROM THE VIRGINIA WAR MEMORIAL ENDOWMENT WILL BE USED TO ADVANCE THE MISSION OF PRESERVING THE STORIES OF VETERANS WHO MADE THE ULTIMATE SACRIFICE, HONORING ALL VETERANS, AND INSPIRING LOVE OF COUNTRY THROUGH EDUCATION. SCHEDULE D, PAGE 3, PART X THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE FOUNDATION HAS RECOGNIZED NO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. X 3 26630 NYSE MEAN VALUE false true true SCHEDULE M, PAGE 1, PART I, LINE 32B THE FOUNDATION HAS ACCOUNTS WITH TRUIST AND DAVENPORT & COMPANY LLC WHICH ACCEPT STOCK DONATIONS ON BEHALF OF THE FOUNDATION. ALL STOCK DONATIONS ARE LIQUIDATED IMMEDIATELY AT FAIR MARKET VALUE AND THEN CASH IS TRANSFERRED TO THE CHECKING ACCOUNT. FORM 990 - ORGANIZATION'S MISSION TO PROMOTE AND RAISE FUNDS FOR THE VIRGINIA WAR MEMORIAL, A STATE AGENCY OF VIRGINIA, WHICH WAS CREATED FOR THE PURPOSE OF HONORING PATRIOTIC VIRGINIANS WHO RENDERED FAITHFUL SERVICE AND SACRIFICE IN THE CAUSE OF FREEDOM AND LIBERTY FOR THE COMMONWEALTH AND THE NATION IN TIME OF WAR. FORM 990, PAGE 6, PART VI, LINE 11B THE TREASURER AND THE FINANCE, AUDIT, AND ENDOWMENT COMMITTEE REVIEWS FORM 990, AND THEN FORWARDS A COPY TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY UPDATED JULY 2023 THE CONFLICT OF INTEREST POLICY OF THE VIRGINIA WAR MEMORIAL FOUNDATION (VWMF) DEFINES CONFLICTS OF INTEREST, IDENTIFIES CLASSES OF INDIVIDUALS COVERED BY THIS POLICY, AND SPECIFIES PROCEDURES TO BE FOLLOWED IN MANAGING CONFLICTS OF INTEREST. CONFLICT OF INTEREST A CONFLICT OF INTEREST ARISES WHEN A PERSON IN A POSITION OF AUTHORITY OVER THE VWMF MAY BENEFIT FINANCIALLY FROM A DECISION THAT COULD BE MADE IN THAT CAPACITY, INCLUDING INDIRECT BENEFITS TO FAMILY MEMBERS OR BUSINESSES WITH WHICH THE PERSON IS CLOSELY ASSOCIATED. THIS POLICY IS FOCUSED UPON MATERIAL FINANCIAL INTEREST OF, OR BENEFIT TO, SUCH PERSONS. VWMF DIRECTORS SHOULD CONDUCT ALL ACTIVITIES, INCLUDING THOSE RELATING TO PERSONS OR BUSINESSES WITH WHOM THE DIRECTOR IS CLOSELY ASSOCIATED, IN SUCH A WAY THAT NO CONFLICT WILL ARISE BETWEEN THE OTHER INTERESTS AND THE POLICIES, OPERATIONS, OR INTERESTS OF THE VWMF. THE APPEARANCE OF SUCH CONFLICT SHOULD ALSO BE AVOIDED. INDIVIDUALS COVERED PERSONS COVERED BY THIS POLICY ARE THE VWMF'S OFFICERS, DIRECTORS, AND EMPLOYED EXECUTIVES. EACH PERSON SUBJECT TO THIS POLICY SHALL DISCLOSE ANY CONFLICT OF INTEREST OR PERCEIVED OR SUGGESTED CONFLICT OF INTEREST TO THE BOARD CHAIR WHO WILL SHARE SUCH DISCLOSURES WITH THE EXECUTIVE COMMITTEE. THIS POLICY WILL BE REVIEWED ANNUALLY, AND EACH DIRECTOR WILL SIGN THE POLICY INDICATING AN UNDERSTANDING OF THE POLICY AND AGREEMENT TO ABIDE BY THE TERMS OF THE POLICY. PROCEDURES TO MANAGE CONFLICT FOR EACH CONFLICT OF INTEREST DISCLOSED TO THE BOARD CHAIR AND THE EXECUTIVE COMMITTEE, THESE ACTIONS MAY BE TAKEN: - ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHERS COVERED BY THIS POLICY, - ASK THE PERSON TO BE EXCUSED FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE VWMF, OR - ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION. THE VWMF PRESIDENT WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE BOARD CHAIR TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 15A UPDATED JULY 2023 THIS POLICY OF THE VIRGINIA WAR MEMORIAL FOUNDATION (VWMF) APPLIES TO THE COMPENSATION OF THE FOLLOWING PERSONS EMPLOYED BY THE VWMF: PRESIDENT, CONTRACTORS, AND OTHER KEY EMPLOYEES. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE OF THE VWMF, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 15B THIS POLICY OF THE VIRGINIA WAR MEMORIAL FOUNDATION (VWMF) APPLIES TO THE COMPENSATION OF THE FOLLOWING PERSONS EMPLOYED BY THE VWMF: PRESIDENT, CONTRACTORS, AND OTHER KEY EMPLOYEES. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE OF THE VWMF, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 19 THE VIRGINIA WAR MEMORIAL FOUNDATION WILL PROVIDE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS UPON REQUEST. IF THERE IS A WRITTEN OR TELEPHONE REQUEST THE FOUNDATION WILL MAKE COPIES AT THE RATE OF 0.20 PER PAGE PLUS THE STAFF TIME REQUIRED TO MAKE THE COPIES. PAYMENT FOR ESTIMATED TIME, A MINIMUM OF ONE HOUR, WILL BE PAID UPFRONT. FORM 990, PART IX, LINE 24E PRINTING AND REPRODUCTION 40,470 12,962 5,620 PRESERVATION AND ACCESS 50,527 0 0 PROGRAM: MIGHTY PEN 33,663 0 0 POSTAGE AND DELIVERY 388 14,763 0 EDUCATION PROGRAMS 12,328 0 0 VWMF CAPITAL 12,226 0 0 VOLUNTEER SUPPORT 6,794 0 0 BANK & MERCHANT CHARGES 390 5,326 0 DUES AND SUBSCRIPTIONS 1,755 3,594 0 ANNUITY OBLIGATIONS 0 4,810 0 RENTAL OPERATIONS EXPENSE 1,201 2,229 0 PROFESSIONAL DEVELOPMENT 0 2,471 0 TOTAL 159,742 46,155 5,620