Virginia Hemophilia Foundation
Meets Standards

Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Virginia Hemophilia Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
“to serve and support the needs of those impacted by a bleeding disorder through education, advocacy and community."
Year, State Incorporated:
1975, VA
Virgina Hemophilia Foundation (VHF) serves people affected by hemophilia and related bleeding disorders through education, advocacy, and building community. The organization offers opportunities for education, including an annual educational meeting, scholarships, and information delivered via monthly electronic chapter updates, social media posts, and programs. VHF participates in national and federal advocacy initiatives, a yearly state advocacy stakeholder meeting, the National Bleeding Disorder Foundation’s “Washington Days,” and a state advocacy committee in partnership with the Hemophilia Association of the Capital Area (HACA). The organization reports building community by strengthening relationships and offering support through programs including financial assistance, summer camps for kids and teens, and programs tailored to communities of caregivers, families, women, men, teens, children, and other.
For the year ended June 30, 2024, Virginia Hemophilia Foundation's program expenses were:
Program services | $416,260 |
Total Program Expenses | $416,260 |
Chief Executive
Kelly Waters, Executive Director
Compensation*
$100,158
Chair of the Board
Amy Walker
Chair's Profession / Business Affiliation
Registered Nurse
Board Size
9
Paid Staff Size
2
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Grant proposals, Internet
Fundraising costs were 2% of related contributions. (Related contributions, which totaled $497,628, 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, 2024.
Source of Funds
Registration | $3,227 |
Advertising income | $14,450 |
Realized and unrealized gains | $68,722 |
Investment income | $68,891 |
Contributions and grants | $497,628 |
Total Income | $653,203 |
Programs: 91% Fundraising: 4% Administrative: 5%
Total Income | $653,203 |
Total expenses: | $459,122 |
Program expenses | $416,260 |
Fundraising expenses | $19,092 |
Administrative expenses | $23,770 |
Other expenses | $0 |
Income in Excess of Expenses | $194,081 |
Beginning Net Assets | $1,709,508 |
Other Changes In Net Assets | $-285 |
Ending Net Assets | $1,903,304 |
Total Liabilities | $25,425 |
Total Assets | $1,928,729 |
Note: In the financial summary above “other changes in net assets” refers to loss on disposal of assets.
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