2024-05-09T12:03:14-05:00 2023-12-31 540737372 PBMARES LLP 3957 WESTERRE PARKWAY SUITE 220 RICHMOND VA 23233 990 2023-01-01 521330462 VSGA-VIP SCHOLARSHIP FOUNDATION VSGA 8043782300 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 JOAN GARDNER PRESIDENT 8043782300 2024-05-02 1 JOAN GARDNER 999009999 0 EDWARD T YODER CPA P00239134 8043230022 2024-05-02 X 0 AAL1 IAL1 2023 2023-04-26 12:10:37Z JOAN GARDNER 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 1225401 0 X N/A X 1984 VA TO PROVIDE COLLEGE SCHOLARSHIPS TO AMATEUR GOLFERS BASED UPON ACADEMIC EXCELLENCE AND ECONOMIC NEED. 7 7 0 12 0 0 147551 264301 0 0 64043 81944 0 0 211594 346245 155840 380048 0 0 0 0 0 0 0 46479 52603 202319 432651 9275 -86406 2933721 3164294 36874 23527 2896847 3140767 TO PROVIDE COLLEGE SCHOLARSHIPS TO AMATEUR GOLFERS BASED UPON ACADEMIC EXCELLENCE AND ECONOMIC NEED. 0 0 370538 364888 THE FOUNDATION AWARDED SCHOLARSHIPS TO AMATEUR GOLFERS WHO ARE VIRGINIA RESIDENTS ATTENDING COLLEGE BASED UPON ACADEMIC EXCELLENCE AND ECONOMIC NEED. 15160 15160 THE FOUNDATION'S FLEMING FUND PROVIDES FUNDING FOR JUNIOR GIRLS TO ATTEND JUNIOR GOLF PROGRAMS. THE FLEMING FUND ASSISTS JUNIOR GIRLS AGES SEVEN (7) THROUGH EIGHTEEN (18) BY FUNDING SCHOLARSHIPS FOR GOLF CAMPS AND OTHER GOLD INSTRUCTION AND SUPPORTING THEIR PARTICIPATION IN TOURNAMENTS AND OTHER GOLF-RELATED ACVTIVITIES. THE FLEMING FUND FOCUSES ITS SUPPORT ON VIRGINIA GIRLS WHO OTHERWISE WOULD NOT BE ABLE TO ENJOY THESE OPPORTUNITIES. THE BOARD APPROVED TRANSFER OF THE FLEMING FUND NET ASSETS AND OPERATIONS TO THE VIRGINIA STATE GOLF ASSOCIATION WHICH WAS EFFECTIVE IN DECEMBER 2023. 385698 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 VA X KARYN TANCREDI 8043782300 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 X JOAN GARDNER PRESIDENT 2.00 X X 0 0 0 SOMSAK CHIVAVIBUL TREASURER 2.00 3.00 X X 0 0 0 JACK WALKER SECRETARY 2.00 X X 0 0 0 MASON DIRICKSON DIRECTOR 2.00 X 0 0 0 ANNE GREEVER DIRECTOR 2.00 3.00 X 0 0 0 CRAIG GROENENDAAL DIRECTOR 2.00 3.00 X 0 0 0 KRISTINE ROHRBAUGH DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 163893 100408 264301 74370 74370 886730 879156 7574 7574 7574 346245 0 0 81944 229081 229081 150967 150967 28000 28000 5562 5562 8795 8795 3917 3917 VSGA DAY EXPENSES 4285 4285 SCHOLARSHIP EXPENSES 1365 1365 BANK CHARGES 353 353 LICENSES 326 326 432651 385698 46953 0 179633 204761 3833 2744076 2911185 10012 44515 2933721 3164294 7541 29333 23527 36874 23527 X 2489774 2882655 407073 258112 2896847 3140767 2933721 3164294 -86406 330326 0 X 0 1 X 1 0 X 127362 138023 145897 147551 264301 823134 127362 138023 145897 147551 264301 823134 12445 810689 63133 64246 78478 79647 74370 359874 1183008 0.68530 0.65290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 X PART X, LINE 2: MANAGEMENT HAS DETERMINED THAT THE FOUNDATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE FOUNDATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE FOUNDATION WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. PART III, LINE 1A: THE FOUNDATION MAINTAINS A COLLECTION OF ARTIFACTS RELATED TO THE HISTORY OF GOLF IN VIRGINIA AT THE ASSOCIATION'S OFFICE AND IN STORAGE. COLLECTION ITEMS ARE NOT CAPITALIZED. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE RESTRICTED AND MUST BE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION OR FOR THE DIRECT CARE OF EXISTING COLLECTION ITEMS. THE ORGANIZATION CONSIDERS DIRECT CARE TO ENTAIL ACTIONS THAT ENHANCE THE LIFE, USEFULNESS, OR QUALITY OF THE COLLECTION ITEMS TO ENSURE THEY WILL CONTINUE TO BENEFIT THE PUBLIC. PART III, LINE 4: THE FOUNDATION MAINTAINS A COLLECTION OF TROPHIES, BOOKS, GOLF CLUBS, PAINTINGS AND OTHER ARTIFACTS THAT DEPICT THE HISTORY OF GOLF IN VIRGINIA SINCE 1904. SOME ITEMS ARE ON LOAN FROM CLUBS THAT ORIGINALLY FORMED THE VSGA. THE COLLECTION IS OPEN TO THE PUBLIC AND PROVIDES EDUCATION AS TO THE FORMATION OF AMATEUR GOLF IN VIRGINIA. 1 VIRGINIA STATE GOLF ASSOCIATION 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 540736931 229081 0 TRANSFER OF FLEMING FUND NET ASSETS AND OPERATIONS PER BOARD APPROVAL. COLLEGE SCHOLARSHIPS FOR VIRGINIA AMATEUR GOLFERS 42 135807 SCHOLARSHIPS TO ATTEND GOLF CAMPS 8 15160 PART I, LINE 2: COLLEGE SCHOLARSHIP FUNDS ARE MONITORED BY REQUIRING THAT SCHOLARSHIP RECIPIENTS PROVIDE THEIR GRADES AND GPA AND EVIDENCE THAT THEY ARE ATTENDING COLLEGE. GOLF CAMP SCHOLARSHIP FUNDS ARE MONITORED BY REVIEWING THE THANK YOU NOTES AND CONFIRMATION LETTERS RECEIVED FROM THE ATTENDEES' PARENTS, THE SPONSORING ORGANIZAITON AND THE GOLF CAMP. X 1000 5150 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY A CPA FIRM AND REVIEWED BY THE DIRECTOR OF FINANCE AND THE EXECUTIVE DIRECTOR. IT IS ALSO REVIEWED BY THE FOUNDATION'S PRESIDENT AND/OR THE TREASURER. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABE UPON REQUEST. THE FOUNDATION'S FINANCIAL STATEMENTS ARE PRESENTED TO MEMBERS OF THE VIRGINIA STATE GOLF ASSOCIATION AT THE ANNUAL MEETING. VIRGINIA STATE GOLF ASSOCIATION 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 540736931 GOLF PROMOTION IN VIRGINIA VA 501(C)(3) LINE 10 VIRGINIA STATE GOLF ASSOCIATION 0 VIRGINIA GOLF HALL OF FAME INC 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 812085474 EDUCATION OF GOLF HISTORY VA 501(C)(3) LINE 10 VIRGINIA STATE GOLF ASSOCIATION 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 VIRGINIA STATE GOLF ASSOCIATION B 229081 CASH VIRGINIA STATE GOLF ASSOCIATION C 163893 CASH VIRGINIA STATE GOLF ASSOCIATION M 28000 CASH