The board of trustees has the authority to:
1. Administer the Veterans Services Fund, request appropriations, and make allocations of revenue from the Fund to the Department of Veterans Services to provide supplemental funding for the Department's services and programs;
2. Accept, hold, and administer gifts and bequests of money, securities, or other property, absolutely or in trust, for the purposes for which the Foundation is created;
3. Enter into contracts and execute all instruments necessary and appropriate to carry out the Foundation's purposes;
4. Take such actions as may be reasonably necessary to seek, promote, and stimulate contributions for the Fund;
5. Develop other possible dedicated revenue sources for the Fund;
6. Perform any lawful acts necessary or appropriate to carry out the purposes of the Foundation; and
7. Develop policies and procedures applicable to the management and functioning of the Foundation and the Department of Veterans Services relating to (i) administration of the Fund, (ii) provision of funding for veterans services and programs through the Fund, and (iii) acceptance and fundraising to strengthen the structure of the Fund.
2003, cc. 657, 670; 2008, cc. 467, 486, 768, 872; 2011, c. 795; 2017, cc. 505, 622; 2020, c. 1128.
Structure Code of Virginia
Title 2.2 - Administration of Government
Chapter 27 - Foundations and Other Collegial Bodies
§ 2.2-2712. Debt Capacity Advisory Committee; membership; terms; chairman; compensation; staff
§ 2.2-2713. Powers and duties of the Committee
§ 2.2-2714. Estimated amount of prudent tax-supported debt; affordability considerations
§ 2.2-2715. Veterans Services Foundation; purpose; report; membership; terms; compensation; staff
§ 2.2-2715.1. Executive Director
§ 2.2-2716. Authority of board of trustees
§ 2.2-2717. Form of accounts and records; audit
§ 2.2-2718. Veterans Services Fund
§ 2.2-2719. Gifts and bequests; exemption from taxation
§ 2.2-2720. The Center for Rural Virginia; purpose
§ 2.2-2722. Compensation; expenses
§ 2.2-2723. Powers and duties of the Board of Trustees and the Center
§ 2.2-2734. Southwest Virginia Cultural Heritage Foundation established; purpose
§ 2.2-2735. Membership; qualifications; terms; vacancies; officers; compensation
§ 2.2-2736. Powers and duties of the Foundation
§ 2.2-2738. Virginia International Trade Corporation; purpose; membership; meetings
§ 2.2-2739. Appointment of Chief Executive Officer
§ 2.2-2740. Powers and duties of the Corporation
§ 2.2-2741. Grants from the Commonwealth
§ 2.2-2742. Exemption from taxation
§ 2.2-2743. Exemptions from personnel and procurement procedures