Virginia Capital Trail Foundation
P.O. Box 17966
Richmond VA 23226
Mission Statement To raise public awareness, promote safe public use, and oversee completion and enhancements of the Virginia Capital Trail.
Leadership
CEO/Executive Director Cat Anthony
Board Chair Stuart Blain
Board Chair Company Affiliation Union Bank & Trust
Contact Information
Address P.O. Box 17966
Richmond, VA 23226
Telephone 804 788-6455
Fax 804 788-6454
E-mail info@virginiacapitaltrail.org
History and Background
Year of Incorporation 2005
Financial Summary
Revenue vs Expense Bar Graph - All Years
Expense Breakdown Bar Chart - All Years
 
 
Projected Revenue $336,200.00
Projected Expenses $436,600.00
Statements
Mission To raise public awareness, promote safe public use, and oversee completion and enhancements of the Virginia Capital Trail.
Impact
Recent Accomplishments: Trailhead plaza in James City County, signage along James City County and Charles City County phases, record setting Cap2Cap bike event.
 
Goals: Trailhead facility along downtown Richmond phase, another record-setting Cap2Cap event, progress on Varina and New Market Heights phases, groundbreaking in Charles City County for Sherwood Forest phase.
Needs
The VCTF is currently in progress building the trailhead facility at Shiplock Park in downtown Richmond. The total cost for this is approximately $200,000. We've raised $100,000 in private grants and are in progress obtaining matching funds. We are also in need of volunteers for the 2014 Cap2Cap bike event, which is scheduled for May 10, 2014, and extends from Richmond to James City County.
Background The VCTF was established in 2005 to oversee the construction of the Virginia Capital Trail. Given the scope of the project, it was recognized that construction would span multiple gubernatorial administrations and that an entity should be established to provide oversight throughout the project, to insure completion of the trail. The VCTF was also tasked with enhancing the trail so as to make it a world-class draw. The Foundation's mission has grown to include raising the visibility of the trail, working with local, regional and national partners to promote this unique amenity and bring visitors from near and far.
CEO Statement One of the exciting things growing from the Virginia Capital Trail project is the spreading realization that biking and walking infrastructure is good for a city. We've noticed that as the trail has taken shape, more people are drawn to it for health, recreation and overall fitness, as well as commuting purposes. The benefits of this type of project are felt not just by those who use it, but by everyone in the region. Increased property values, less congested roads, cleaner air, healthier community - these are all part of what dedicated multi-use trails do for cities. Making sure Richmond and the wider region take advantage of a 50+-mile trail like the Virginia Capital Trail is a very important part of our mission. We fervently believe that our quality of life will be vastly improved by our region's network of bike and pedestrian infrastructure. As the first trail of its type in the area, the Virginia Capital Trail is poised to spearhead this type of renewal and improve vitality in the region. The amenities we add, such as benches, bike racks and shade structures, all work to make the trail experience safe and enjoyable for users of all abilities. By presenting history, wildlife and the environment through interpretive signage, we also elevate the trail to a valuable educational resource. We're looking forward to completion in 2015, when everyone will be able to get out and enjoy the Virginia Capital Trail.
Areas of Service
Areas Served
Area
Metro Richmond
Richmond, City
Henrico County
Charles City County
Other
The completed Virginia Capital Trail will extend from Richmond City to Jamestown through the counties of Henrico, Charles City and James City.
Board Chair
Board Chair Stuart Blain
Company Affiliation Union Bank & Trust
Term Sept 2016 to Oct 2018
Email stuart.blain@bankatunion.com
Board of Directors
Board Members
NameAffiliation
John F Berry Jr.Richmond Region Tourism
Stuart Blain Union First Market Bank
Shelley Case C12 Tidewater Group
Rachel Chieppa Charles City County
Josh Dare The Hodges Partnership
Leah Dempsey Military One Source
Charles Donato Dominion Resources
Mark Dozier Community Volunteer
Don Garber Kjellstom & Lee
Bill Gillespie Taylor & Parrish, Inc.
Pam Goggins Microsoft
Mary Lou Ivey Harris, Hardy & Johnstone, PC
Jon Lugbill Richmond Sports Backers
Charles Macfarlane Macfarlane Partners, LLC
Eric McKay Hardywood Park Craft Brewery
Lucy Meade Venture Richmond
Fred Plaisted Commonwealth Commercial Partners
Juliellen Sarver Stone Brewing, Co.
Randolph E. Trow IIIUnion Bank & Trust
Ted Ukrop Quirk Hotel & Lift Caregiving
David Wilson BikeBeat Bicycle Shop
David Wilson BikeBeat Bicycle Shop
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 22
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 16
Female 6
Governance
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Number of Full Board Meetings Annually 4
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Cat Anthony
Plans
Organization has a Strategic Plan?
Programs
Description
Fiscal Year
Projected Revenue $336,200.00
Projected Expenses $436,600.00
Form 990s
IRS Letter of Exemption
Detailed Financials
Expense Allocation
Fiscal Year201520142013
Program Expense$183,260$300,889$383,693
Administration Expense$58,758$65,282$64,386
Fundraising Expense$117,211$123,471$102,315
Payments to Affiliates------
Total Revenue/Total Expenses0.860.530.73
Program Expense/Total Expenses51%61%70%
Fundraising Expense/Contributed Revenue38%48%26%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$234,068$272,619$505,504
Current Assets$232,490$260,507$489,557
Long-Term Liabilities$0$0--
Current Liabilities$14,058$1,131$2,745
Total Net Assets$220,010$271,488$502,759
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities16.54230.33178.34
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit 8/2017View
Comments
Foundation Comments
  • Form 990 and financial review prepared by Meadows, Urquhart, Acree & Cook, LLP
  • Financial information provided by Form 990 with supplemental information from the review