Our Impact
The mission of the Virginia FBLA-PBL Foundation, Inc., is to provide every eligible Virginia FBLA-PBL member with financial resources necessary to represent Virginia at national competitive events, in leadership development activities, and in the pursuit of further education.
Since the foundations inception in 1993, we have nearly $500,000 in contributions and distributed nearly $250,000. 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.
Since the foundations inception in 1993, we have nearly $500,000 in contributions and distributed nearly $250,000. 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.
Vision 2022
While keeping and strengthening the original purpose of funding competitive event participation at the national level, the focus of the Virginia FBLA-PBL Foundation will expand to center on enhancement of the Leadership Development component of the original vision and ongoing Vision 2022.
The Vision as it Applies to Funding:
The Vision as it Applies to National Competition:
The Vision as it Applies to Leadership Development:
The Vision as it Applies to Marketing of the Foundation to Our Constituents:
The Vision as it Applies to Funding:
- The total value of the Foundation will reach or exceed $575,000 by June 30, 2022.
- The FBLA-PBL Foundation will provide funding for student programs and activities by increasing the revenue to meet or exceed the 2019-2022 target goal of $120,000 with a $150,000 stretch goal.
- The membership team will fund at a $40,000 target or $50,000 stretch goal.
- The individual team will fund at a $60,000 target ($70,000 stretch) goal.
- The grants and corporate giving team will fund at a $20,000 target ($30,000 stretch) goal.
- The FBLA-PBL Foundation will continue funding at approximately 6% of the foundation value as follows:
- Financial support of eligible National Leadership Conference participants by covering the NLC conference registration fee.
- Financial support of Leadership Development activities and the Foundation Leadership Institute.
- Financial support of Virginia FBLA-PBL Foundation scholarships.
The Vision as it Applies to National Competition:
- Continue National Leadership Conference stipends for first and second place state winners that compete in person at the national competitive events program. Consider expansion to third place competitors.
The Vision as it Applies to Leadership Development:
- Continue and expand the Foundation Leadership Institute in conjunction with the State Leadership Conference:
- Focus on freshmen and sophomores at the beginning of their FBLA career
- Increase the number of participants per region by at least 50% over the previous year
- Provide opportunities and support for student foundation ambassadors to champion the foundation at local, regional, and state activities.
- Create and implement new leadership development programs that can be used to enhance, replace, or be used in addition to the regional fall conferences.
The Vision as it Applies to Marketing of the Foundation to Our Constituents:
- Win the hearts and minds of the advisers by providing support and current and continuous information about why we exist, how to get involved, and the benefits to chapters, advisers, and students.
- Connect with former state and regional officers & FLI alumni to reinforce the value and impact of the Foundation and solicit financial support and personal involvement.
- Ensure consistent branding and marketing through written and personal contacts that reinforce why the Virginia FBLA Foundation is worthy of investment of financial and human resources with current and former stakeholders.