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Foundation Leadership Institute

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Dear Friends of the Virginia FBLA-PBL Foundation,

Thank you for another exciting year with Virginia FBLA-PBL Foundation, Inc. This past year, the Foundation celebrated a special milestone—the creation of the Foundation Leadership Institute that runs concurrently at the State Leadership Conference. The target participant is an underclassman at the outset of their FBLA journey with the intent of sparking leadership development resulting in a superior experience for the student and improved leadership at the local chapter level. With 20 students participating in the first year and over 30 expected to participate this year, the foundation is influencing the next generation of leaders of this organization. The foundation investments in these programs were about $5,000 each for the first two years of the program!

With that said, the foundation continues to invest in student competitive event participation for our first and second place winners to represent Virginia at the National Leadership Conference. Over 100 students received financial compensation totaling nearly $12,000.

Since the foundations inception in 1993, we have raised over $400,000 in contributions and distributed $145,000. In addition, the Foundation Board of Directors continues to provide valuable support to students competing at the National Leadership Conference by reviewing reports/projects, assisting in mock interviews, providing feedback, and instilling confidence.

Your volunteer-based Foundation Board of Directors continues to meet regularly, provide stewardship for the funds entrusted to us, develop and implement strategies to grow the revenue stream, and support the local chapter programs.

Thank you again for your involvement in the Virginia FBLA-PBL Foundation. We look forward to working with you to support the financial needs of Virginia FBLA-PBL students.

Michael D. Mills
Virginia FBLA-PBL, Inc.
President and Chairman
Board of Directors