Foundation Policies & Resources

The Virginia War Memorial Foundation operates from a position of financial strength thanks to generous support from a wide and diverse donor base. Careful financial management and sound policies have resulted in an investment portfolio of nearly $10 million in restricted and unrestricted assets. Our prudent endowment draw provides relief to the operating budget which allows contributions to support program expenses. Around 30% of nonprofits don’t survive their first ten years. The Virginia War Memorial Foundation is on a trajectory of growth, living within our means, but able to take bold steps to meet our mission.

In 2024, the Virginia War Memorial Foundation had unrestricted financial reserves of about $10,019,352, or about 5.8 times its most recent annual expenses, which totaled about $1,722,473.

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The Virginia War Memorial Foundation values transparency in governance. Below are policies by which the organization and our leadership abide. These documents are updated and approved by the Board of Directors on a regular basis.

Gift Acceptance Policy (VWMF) – Updated August 2025

Donor Privacy Policy (VWMF) – UPDATD AUGUST 2025

Internet Privacy Policy (VWMF) – Updated August 2025

Effectiveness Assessment Policy (VWMF) – Updated August 2025

Whistleblower Policy (VWMF) – Updated AUGUST 2025

Records Retention and Destruction Policy (VWMF) – Updated August 2025

Joint Venture Policy (VWMF) – Updated August 2025

Compensation Determination Policy (VWMF) – Updated August 2025

Conflict of Interest Policy (VWMF) – Updated August 2025

Non-Discrimination and Accessibility Policy (VWMF) – UPDATED August 2025

2024 Audited Financial Statements

2024 Virginia War Memorial Foundation Form 990