I Return of Organization ExemptFromIncomeTax Short Form990s.foundationcenter.org/990_pdf_archive/204/204943021/204943021... · Return of Organization ExemptFromIncomeTax ... see the

Short FormI Return of Organization Exempt From Income TaxForm 990-CZ

Under section 501(c), 527 , or 4947( a)(1) of the Internal Revenue Code ( except black lung benefit trust orprivate foundation)

Department of the Treasury ► Sponsoring organizations of donor advised funds and controlling organizations as defined in section 512(b9 13) must file Form 990 Allother organizations with gross receipts less than $ 1 000,000 and total assets less than $2 , 500,000 at the end of the year may use this form

Internal Revenue Service ► The organization may have to use a copy of this return to satisfy state reporting requirements

A For the 2008 calendar year , or tax year beginning and ending

OMB No 1545-1150

2008upen ro ruonc

Inspection

B check ifapplicable Please

C Name of organization D Em p lo y er identification number

FAddresschange

use IRS

Nameechang

label or

print or BA EDUCATION FOUNDATION 20-4943021Initialretur Sze

type Number and street (or P 0 box, if mail is not delivered to street address) Room/suite E Telephone number

E::ITerminSpecific

Instruc4490 COX ROAD 804-643-7469

EAmended hops City or town, state or country, and ZIP + 4 F Group Exemptioneturn

E:1p9Rdlna9nu LEN ALLEN, VA 2 3 0 6 0 Number ►• Section 501(c)(3 ) organizations and 4947( a)(1) nonexempt charitable trusts must attach a completed G Accounting method X Cash Accrual

Schedule A (Form 990 or 990 -EZ). Other (specify) ►I Website, ► N/A H Check ► it the organization is not

J Organization type (check only one)- LXJ 501(c) ( 3 ) I (insert no 4947(a)(1) or 527 required to attach Schedule B (Form 990,990 EZ,or990 PF)

K Check ► L-j it the organization is not a section 509(a)(3) supporting organization and Its gross receipts are normally not more than $25,000 A return is not

required, but if the organization chooses to the a return, be sure to file a complete return

L Add lines 5b, 6b, and 7b, to line 9 to determine gross receipts; If $1,000,000 or more, file Form 990 instead of Form 990-EZ 10, $ 281,718.

Part I Revenue . xpenses, andChanges in Net Assets or Fund Ba lances (See the Instructions for Part I )

Cc

C

1 Contributions , gifts, grants, and similar amounts received 1 237,670.

2 Program service revenue including government fees and contracts 2

3 Membership dues and assessments 3

4 Investment income 4 11,359.

5a Gross amount from sale of assets other than inventory STMT 2 5a 32,689.

b Less cost or other basis and sales expenses 5b 34,724.

c Gain or ( loss) from sale of assets other than inventory ( Subtract line 5b from line 5a) (attach schedule ) 5c <2 , 035.

6 Special events and activities ( complete applicable parts of Schedule G) If any amount is from gaming , check here

a) a Gross revenue ( not including $ of contributions

cc reported on line 1) 6a

b Less direct expenses other than fundraising expenses 6b

c Net income or (loss) from special events and activities ( Subtract line 6b from fine 6a) 6c

7a Gross sales of inventory , less returns and allowances 7a

b Less cost of goods sold 7b

c Gross profit or (loss ) from sales of inventory ( Subtract line 7b from line 7a) 7c

8 Other revenue (describe Jo- 8

9 Total revenue Add lines 1, 2, 3, 4, 5c , 6c, 7c , and 8 ► 9 246,994.

10 Grants and similar amounts paid (attach schedule ) STMT 3 10 20, 000.11 Benefits paid to or for members `, 11

CEtb E®3n 12 Salaries , other compensation, and emp ye 12

95013 Professional fees and other payments I in ependent contractors co 13 .

14 Occupancy , rent, utilities , and maintena Rn OCT 2 7 2009 Ci 14

15 Printing, publications , postage, and shl r co 15 171 .

16 Other expenses ( describe ► 5 SEE STATEMENT 1 ) 16 1 , 026 .

17 Total expenses . Add lines 10 through 6 ► 17 22, 147.

18 Excess or (deficit ) for the year ( Subtract line 17 from line 9 ) 18 224, 847 .

19 Net assets or fund balances at beginning of year ( from line 27, column (A))

(must agree with end-of -year figure reported on prior year ' s return) 19 528, 679 .

20 Other changes in net assets or fund balances ( attach explanation) 20

21 Net assets or fund balances at end of year Combine lines 18 through 20 ► 21 753, 526 .

Part II tsafance sneers. If Total assets on line 25, column (B) are $2,500,000 or more, tile Form 990 instead of Form 99U-LL.

(See the instructions for art ( A) Beginning of year (B) End of year

22 Cash, savings, and investments 528,679. 22 753,526.

23 Land and buildings 23

24 Other assets ) 24

25 Total assets 528,679. 25 753,526.26 Total liabilities (describe ► ) 0. 26 0.

27 Net assets or fund balances (line 27 of column ( B) must agree with line 21) 528,679. 1 27 753,526.

12-17-08 LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 9901

21261012 726045 065590.000 2008.04040 VBA EDUCATION FOUNDATION

Form 990-EZ (2008)

0655901 13

Form 990-EZ ( 2008 ) VBA EDUCATION FOUNDATION 20-4943021 Paget

Part III Statement of Program Service Accomplishments (See the instructions for Part Ill ) ExpensesWhat is the organization's primary exempt purpose? SEE STATEMENT 6

Describe what was achieved in carrying out the organization's exempt purposes In a clear and concise manner, describe the servicesprovided, the number of persons benefited, or other relevant information for each program title

(Required for 501(c)(3)and (4) organizations and4947(a)(1) trusts, optionalfor others

28 SEE STATEMENT 5

(Grants $ 2 0 , 0 0 0 . ) If this amount includes foreign grants, check here ► 28a 22,147.29

(Grants $ ) If this amount includes foreign grants, check here ► 29a

30

(Grants $ ) If this amount includes foreign grants, check here ► 30a

31 Other program services (attach schedule)

(Grants $ ) If this amount includes foreign grants, check here ► E:j 31a

32 Total program service expenses (add lines 28a through 31a) ► 32 22,147.I Part IV List of Officers, Directors, Trustees, and Key Employees. List each one even if not compensated (See the instructions for Part IV)

(a) Name and address(b) Title and average hours

per week devoted toposition

(c) Compensation(If not paid , enter

-0-.)

(d) Contributionsto employee

benefit plans &deferred

compensation

(e) Expenseaccount and

other allowances

JEFFREY L. BRUGH TREASURER4490 COX ROAD, GLEN ALLEN , VA 23060 2.00 0. 0. 0.JAY SPRUILL SECRETARY4490 COX ROAD, GLEN ALLEN , VA 23060 1.00 0. 0. 0.BRUCE WHITEHURST PRESIDENT4490 COX ROAD, GLEN ALLEN , VA 23060 2.00 0. 0. 0.G. WILLIAM BEALE, UNION BANKSHARES, CHAIRMANP 0 BOX 446, BOWLING GREEN, VA 22427 1.00 0. 0. 0.JAMES C. CHERRY, 450 BEACH ROAD, APT DIRECTOR221, VERO BEACH, FL 32963 1.00 0. 0. 0.H. WATTS STEGER, III, BANK OF DIRECTORBOTETOURT, P 0 BOX 339, BUCHANAN, VA 1.00 0. 0. 0.WALTER C. AYERS, 1864 AYERS ORCHARD DIRECTORROAD, STUART, VA 24171 1.00 0. 0. 0.C.T. HILL, SUNTRUST BANK, 919 EAST DIRECTORMAIN STREET, RICHMOND, VA 23219 1.00 0. 0. 0.BERNARD H. CLINEBURG, CARDNAL DIRECTORFINANCIAL CORP, 8270 GREENSBORO 1.00 0. 0. 0.PATRICIA SATTERFIELD, VA ASSOCIATION DIRECTOROF COMMUNITY BANKS, 7204 GLEN FOREST 1.00 0. 0. 0.J. PETER CLEMENTS, THE BANK OF DIRECTORSOUTHSIDE VIRGINIA, P 0 BOX 40, 1.00 0. 0. 0.

12-17-08 Form 990-EZ (2008)

221261012 726045 065590.000 2008.04040 VBA EDUCATION FOUNDATION 0655901

Form 990-EZ ( 2008 ) VBA EDUCATION FOUNDATION 20-4943021 Page 3

Part V Other Information (Note the statement requirements in the instructions for Part VI )

Yes No33 Did the organization engage in any activity not previously reported to the IRS? If "Yes," attach a detailed description of each activity 33 X

34 Were any changes made to the organizing or governing documents but not reported to the IRS'? if -Yes," attach a conformed copy of the changes 34 X

35 If the organization had income from business activities, such as those reported on lines 2, 6a, and 7a (among others), but not

reported on Form 990-T, attach a statement explaining your reason for not reporting the income on Form 990-T

a Did the organization have unrelated business gross income of $1,000 or more or section 6033(e) notice, reporting, and proxy

tax requirements 35a X

b If "Yes," has it filed a tax return on Form 990-T for this year? 35b N/

36 Was there a liquidation, dissolution, termination, or substantial contraction during the year? If "Yes," complete applicable parts of Sch. N 36 X

37a Enter amount of political expenditures, direct or indirect, as described in the instructions ► 37a 0.

b Did the organization file Form 1120 -POL for this years 37b X

38a Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made

in a prior year and still unpaid at the start of the period covered by this returns 38a X

b If "Yes," complete Schedule L, Part II and enter the total amount involved 38b N/A

39 Section 501(c)(7) organizations Enter

a Initiation fees and capital contributions included on line 9 39a N/A

b Gross receipts, included on line 9, for public use of club facilities 39b N/A

40a Section 501(c)(3) organizations Enter amount of tax imposed on the organization during the year under

section 4911 ► 0 . ; section 4912 ► 0 . ; section 4955 ► 0.

b Section 501(c)(3) and (4) organizations Did the organization engage in any section 4958 excess benefit transaction during the year or

did it become aware of an excess benefit transaction from a prior year'? If "Yes," complete Schedule L, Part I 40b X

c Enter amount of tax imposed on organization managers or disqualified persons during the year under

sections 4912, 4955, and 4958 ► 0.

d Enter amount of tax on line 40c reimbursed by the organization ► 0.

e All organizations. At any time during the tax year, was the organization a party to a prohibited tax shelter

transactions If "Yes," complete Form 8886-T 40e X

41 List the states with which a copy of this return is filed ► NONE

42a The books are in care of ► STACY PUCKETT Telephone no ► 8 0 4 - 6 4 3 - 7 4 6 9Located at ► 4 4 9 0 COX ROAD, GLEN ALLEN, VA ZIP + 4 ► 2 3 0 6 0

b At any time during the calendar year, did the organization have an interest in or a signature or other authority

over a financial account in a foreign country (such as a bank account, securities account, or other financial Yes No

account) 42b X

If "Yes," enter the name of the foreign country. ►See the instructions for exceptions and filing requirements for Form TO F 90-22 1, Report of Foreign Bank and Financial Accounts

c At any time during the calendar year, did the organization maintain an office outside of the U S' 42c X

If "Yes,' enter the name of the foreign country ►43 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-EZ in lieu of Form 1041 - Check here ►

and enter the amount of tax-exempt interest received or accrued during the tax year ► I 43 1 N/A

Yes No

44 Did the organization maintain any donor advised funds'? If "Yes," Form 990 must be completed instead of

Form 990-EZ 44 X

45 Is any related organization a controlled entity of the organization within the meaning of section 512(b)(13)' If "Yes," Form 990 must be

completed instead of Form 990-EZ 45 X

Form 990-EZ (2008)

83217312-17-08


Form 990-EZ (2008) VBA EDUCATION FOUNDATION 20-4943021 Page 4

Part Section 501 (c)(3) organizations only. All section 501 (c)(3) organizations must answer questions 46 49 and complete the

tab l es for li n es 50 and 51

46 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public Yes No

office? If "Yes," complete Schedule C, Part I 46 X

47 Did the organization engage in lobbying actiwties9 If "Yes," complete Schedule C, Part II 47 X

48 Is the organization operating a school as described in section 170(b)(1)(A)(n)' If "Yes," complete Schedule E 48 X

49a Did the organization make any transfers to an exempt non-charitable related organizations 49a X

b If "Yes," was the related organization(s) a section 527 organization? 49b

50 Complete this table for the five highest compensated employees (other than officers, d rectois, trustees and key employees) who each received more than $100,000

of compensation from the organization If there is none, enter "None "

(a) Name and address of each employee paid morethan $100,000

NONE

(b) Title and average hoursper week devoted to

position

( c) Compensation(D) Contributions

to employeebenefit plans &

deferredcompensation

(E) Expenseaccount and

other allowances

Total number of other employees paid over $100,000 1110

21261012 065590.000 2008.04040

51 Complete this table for the five highest compensated independent contractors who each received more than $100,000 of compensation from the organization If there

is none, enter "None "

NONE

SCHEDULE A Public Charity Status and Public SupportOMB No 1545-0047

(Form 990 or 990-EZ)To be completed by all section 501(c )(3) organizations and section 4947(a)(1)

nonexempt charitable trusts. 20Department of the Treasury Open to Public

Internal Revenue Service Attach to Form 990 or Form 990 - EZ. loo- See separate instructions . Inspection

Name of the organization Employer identification number

VBA EDUCATION FOUNDATION 20-4943021

Part Reason for Pu bl ic Charity Status (All organizations must complete this part) (see instructions)

The organization is not a private foundation because it is (Please check only one organization )

1 A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

2 A school described in section 170(b)(1)(A)(ii). (Attach Schedule E)

3 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(fil). (Attach Schedule H )

4 A medical research organization operated in conjunction with a hospital described in section 170(b )(1)(A)(iii). Enter the hospital' s name,

city, and state

5 An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b )(1)(A)(iv). (Complete Part II )

6 0 A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

7 0 An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in

section 170(b )(1)(A)(vi). (Complete Part II )

8 A community trust described in section 170(b )(1)(A)(vl). (Complete Part II )

9 An organization that normally receives (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from

activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment

income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975

See section 509(a )(2). (Complete the Part III )

10 An organization organized and operated exclusively to test for public safety See section 509(a)(4). (see instructions)

11 0 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or

more publicly supported organizations described in section 509(a)(1) or section 509(a)( 2) See section 509(a )(3). Check the box that

describes the type of supporting organization and complete lines 11 e through 11 h

a = Type I b LI Type II c = Type III - Functionally integrated d Type III - Other

e By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than

foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)

f If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III

supporting organization, check this box 0

g Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?

(I) A person who directly or indirectly controls, either alone or together with persons described in (n) and ( ill) below, Yes No

the governing body of the supported organization? 11g(I)

(n) A family member of a person described in (I) above' 11g(n)

(III) A 35% controlled entity of a person described in (I) or (ii) above' 11g(lll)

h Provide the following information about the organizations the organization supports

Name of supported()

organizationit EIN()

(iii) Type oforganization

(described on lines 1-9above or IRC section

(iv) Is the organizationn col (I) listed in yourgoverning document'

(v) Did you notify theorganization in col(i) of your support9

(vi) Is theorganization in col(1) organized in the

U S 9

(vii) Amount ofsupport

(see instructions )) Yes No es No es No

Total

LHA For Privacy Act and Paperwork Reduction Act Notice , see the Instructions for Form 990 . Schedule A (Form 990 or 990-EZ) 2008

832021 12-17-08


Schedule A (Form 990 or 990 EZ) 2008 VBA EDUCATION FOUNDATION 20-4943021 Page 2

art 11 Support Sch edu l e for Organizations Descri bed in Sections iv and 170(b)(1)(A)(vi )

(Complete only if you checked the box on line 5, 7, or 8 of Part I )

Section A . Public Support

Calendar year (or fiscal year beginning in ).. (a) 2004 (b) 2005 (c) 2006 (d) 2007 (e) 2008 (f) Total

I Gifts, grants, contributions, and

membership fees received (Do not

include any "unusual grants ") 127,178. 393,540. 237,670. 758,388.2 Tax revenues levied for the organ-

ization's benefit and either paid to

or expended on its behalf

3 The value of services or facilities

furnished by a governmental unit to

the organization without charge

4 Total. Add lines 1 -3 127,178. 393,540. 237,670. 758,388.5 The portion of total contributions

by each person (other than a

governmental unit or publicly

supported organization) included

on line 1 that exceeds 2% of the

amount shown on line 11,

column (f) 110,961.6 Public Support . Subtract line 5 from line 4 647,427._

section b . i otal support

Calendar year (or fiscal year beginning in) . (a) 2004 (b) 2005 (c) 2006 (d) 2007 (e) 2008 (f) Total

7 Amounts from line4 127,178. 393,540. 237,670. 758,388.8 Gross income from interest,

dividends, payments received on

securities loans, rents, royalties

and income from similar sources 75. 11,076. 9,324. 20,475.9 Net income from unrelated business

activities, whether or not the

business is regularly carried on

10 Other income Do not include gain

or loss from the sale of capital

assets (Explain in Part IV)

11 Total support . Add lines 7 through 10 778,86. 3.

12 Gross receipts from related activities, etc (see instructions) 12

13 First five years. If the Form 990 is for the organizations first, second, third, fourth, or fifth tax year as a section 501(c)(3)

organization, check this box and stop here lo. L1tion C. Computation of Pu bl ic Support Percentage

14 Public support percentage for 2008 (line 6, column (f) divided by line 11, column ( f)) 14 %

15 Public support percentage from 2007 Schedule A, Part IV A, line 26f 15 %

16a 33 1/3% support test - 2008. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and

stop here . The organization qualifies as a publicly supported organization iiii El

b 33 1 /3% support test - 2007 . If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box

and stop here . The organization qualifies as a publicly supported organization No. E:1

17a 10% -facts-and -circumstances test - 2008 . If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,

and if the organization meets the "facts-and-circumstances" test, check this box and stop here . Explain in Part IV how the organization

meets the "facts-and circumstances" test The organization qualifies as a publicly supported organization ►0

b 10% -facts -and-circumstances test - 2007 . If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or

more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here . Explain in Part IV how the

organization meets the "facts-and circumstances" test The organization qualifies as a publicly supported organization

18 Private foundation . If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions ►Schedule A (Form 990 or 990-EZ) 2008

83202212-17-08


Schedule A (Form 990 or 990 EZ) 2008 Page 3

Part III I Support Schedu l e for Organizations Descri bed in Section 509(a)(2) (Complete only if you checked the box on line 9 of Part 1)

on A. P'UDIIC

Calendar year (or fiscal year beginning in) )o- (a) 2004 (b) 2005 (c) 2006 (d) 2007 (e) 2008 (f) Total

1 Gifts, grants, contributions, and

membership fees received (Do not

include any "unusual grants ")

2 Gross receipts from admissions,merchandise sold or services per-formed, or facilities furnished inany activity that is related to theorganization's tax-exempt purpose

3 Gross receipts from activities that

are not an unrelated trade or bus-

iness under section 513

4 Tax revenues levied for the organ-

ization's benefit and either paid to

or expended on its behalf

5 The value of services or facilities

furnished by a governmental unit to

the organization without charge

6 Total . Add lines 1 - 5

7a Amounts included on lines 1, 2, and

3 received from disqualified persons

b Amounts included on lines 2 and 3 received

from other than disqualified persons that

exceed the greater of 1 % of the total of lines 9,

10c 11 and 12 for the year or $5 000

c Add lines 7a and 7b

8 Public support ( Subtract line 7c from line 6 )

section ts . I otai Support

Calendar year (or fiscal year beginning (a) 2004 (b) 2005 (c) 2006 (d) 2007 (e) 2008 (f) Total

9 Amounts from tine 6

10a Gross income from interest,dividends, payments received onsecurities loans, rents, royaltiesand income from similar sources

b Unrelated business taxable income

(less section 511 taxes) from businesses

acquired after June 30, 1975

c Add lines 1 Oa and 1 Ob11 Net income from unrelated business

activities not included in line 10b,whether or not the business isregularly carried on

12 Other Income Do not include gainor loss from the sale of capitalassets (Explain in Part IV)

13 Total support (Add lines 9, 10c, 11 and 12

14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3) organization,

check this box and stop here ►Section C . Computation of Public Support Percentage

15 Public support percentage for 2008 (line 8, column (f) divided by line 13, column ( f)) 15 %

16 Public support percentage from 2007 Schedule A, Part IV A, line 27g 16 %

Section D. Computation of Investment Income Percentage

17 Investment income percentage for 2008 (line 10c, column (f) divided by line 13, column (f)) 17 %

18 Investment income percentage from 2007 Schedule A, Part IV A, line 27h 18 %

19a 33 1/3% support tests - 2008 . If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not

more than 33 1/3%, check this box and stop here . The organization qualifies as a publicly supported organization ►0

b 33 1/3% support tests - 2007. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and

line 18 is not more than 33 1/3%, check this box and stop here . The organization qualifies as a publicly supported organization ►020 Private foundation . If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions ►

Schedule A (Form 990 or 990-EZ) 2008

832023 12-17-08


Payer:RELIANCE TRUST COMPANY1 100 ABERNATHY RD, 500 NORTHPARK STE 400ATLANTA, GA 30328

2008 Tax Information Statement

Account Number : 0135000115Recipient 's Tax ID number: XX-XXX3021Payer' s Federal ID number : 58-1428634

q Corrected q 2nd TIN notice

2008 Combined Year-End 1099 Forms

ti

aM

Form 1099 -DIV Dividends and DistributionsOMB No. 1545-0110

la Total ordinary dividends ,.,, $6,232.61

lb Qualified dividends $ 3,437.69

2a Total capital gain distributions............. .. ,,, ,,, $ 1,978.17

2b Unrecaptured Section 1250 Gain .......... ...2c Section 1202 gain.. . ............ .... .2d Collectibles ( 28%) gain .........

3 Nondividend distributions.......................... $36.67..4 Federal income tax withheld .................... ......5 Investment expenses6 Foreign tax paid .. _ _. _

.... .$200.45

7 Foreign country or U.S. possession ............. See Schedule

8 Cash liquidation distributions ........ .. ... .

9 Non-cash liquidation distributions , ,,,,, ,,,,,,, ,

Summary of Form 1099-BProceeds from Broker and Barter Exchange Transactions

2 Stocks, bonds, etc. $32,689.414 Federal income tax withheld8 Profit or (loss) realized in 20089 Unrealized profit or (loss) on open contracts - 200710 Unrealized profit or (loss) on open contracts - 200811 Aggregate profit or (loss)„,,,,,,,,,,,,,,,,,,, ,,,,,,,

Gross Proceeds less commissions and option premiums from each saletransaction are reported individually to the IRS Refer to the 1099-B section ofthis Tax Information Statement. Report each sale separately on your federal

and state income tax returns.

Page 5 of 20

Recipient's Name and Address

VBA EDUCATION FOUNDATION'4490 COX ROADGLEN ALLEN, VA 23060

Form 1099-INT Interest IncomeOMB No. 1545-0110

1 Interest income not included in Box 3 $397.26............2 Early withdrawal penalty,,,,,,,,,,,,,,,,,,,,,,

3 Interest on U.S. Savings Bonds and Treasuryobligations ,, ............................ ... . . .

4 Federal income tax withheld ........................ .5 Investment expenses .... ..........................6 Foreign tax paid , ........................ .................7 Foreign country or U.S. possession . .. ........... .8 Tax exempt interest9 Specified private activity bond interest...............

Summary of Form 1099-OIDOriginal Issue Discount

1 Original issue discount for 2008

2 Other periodic interest ................ . . .. .3 Early withdrawal penalty ................

4 Federal income tax withhold6 Original issue discount on US Treasury obligations7 Investment expenses

Origina l Issue Discount Amounts are reported individually to the IRS.Refer to the 1099.OID section of this Tax Information Statement

This is important tax information and is being furnished to the Internal Revenue Service . If you are required to file a return , a negligence penalty or other

111.sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported

Country

Reported on 1099 Forms DIV, INT, OID or BOther countries

Total Reported on 1099Forms DIV, INT, OID or B

Enter on Form 1116


VBA EDUCATION FOUNDATION

Summary of Foreign Investments

Foreign Dividends Total

Qualified Non-Qualified Foreign Interest Foreign Income

1099- DIV Box 7 1099-1NT Box 11,189.47 353.55 1,543.02

1,189 .47 353.55

Important Tax Return Documents Enclosed

Page 6 of 20 -

Account Number: 01350001 15

Tax ID Number XX-XXX3021

From : 09/18/2008 To: 12431/2008

ForeignTax Paid

1099-DIV/!NT Box 6200.45

1,543.02 200.45

Payer:RELIANCE TRUST COMPANY1100 ABERNATHY RD, 500 NORTHPARK STE 400ATLANTA, GA 30328


Account Number 0135000115

Recipient ' s Tax ID number : XX-XXX3021

Payer 's Federal ID number : 58-1428634

q Corrected 2nd T1N notice

Page 7 of 20

Recipient's Name and AddressVBA EDUCATION FOUNDATION4490 COX ROADGLEN ALLEN, VA 23060

2008 Form 1099-B: Proceeds from Broker and Barter Exchange Transactions

OMB No. 1545-0715

Reported to the IRS are Gross Proceeds less commissions and option premiums.

rn

c

Numberof Date Date ofshares CUSIP Description Acquired Sale

(Box 5) (Box 1 b) (Box 7) (Box 1a)

Short Term Sales Reported on 1099-B. 4590 00758M162 ADVISORS INNER CIRCLE FUND - 09/22 / 2008 09 / 25/2008

ACADIAN EMERGING MARKETSPORTFOLIO INSTITUTIONAL SHA

4.9820 0075BM162 ADVISORS INNER CIRCLE FUND- 09/22 / 2008 09 / 26/2008ACADIAN EMERGING MARKETSPORTFOLIO INSTITUTIONAL SHA

4.2240 0236BA638 AMERICAN BEACON SMALL CAP 09/22 / 2008 09 / 29/2008VALUE FUND I

6300 298706102 AMERICAN EUROPACIFIC GROWTH 09/22/2008 09 / 25/2008FUND A

3.7880 298706102 AMERICAN EUROPACIFIC GROWTH 09/22/2008 09/26/2008FUND A

. 6210 481370872 ARTIO INTERNATIONAL EQUITY 09/ 22/2008 09/25/2008FUND II 1

11.5500 481370872 ARTIO INTERNATIONAL EQUITY 09/ 22/2008 09 / 26/2008FU N D I I I

1 1950 4B1370609 ARTIO TOTAL RETURN BOND FUND I 09/22 / 2008 09/25/2008

125.0000 481370609 ARTIO TOTAL RETURN BOND FUND I 09 /22/2008 09 / 30/2008

FederalIncome

Stocks Cost or Net Gain TaxBonds, etc. other Basis or Loss Withheld

(Box 2) (Box 4)

9.64 9.48 0.16 0.00

102.62 102 87 -0.25 0.00

65.47 71.81 -6.34 0.00

25.13 25 23 -0.10 0.00

149.80 151.67 -1.87 0.00

8.14 8 12 0.02 0.00

149 23 151 07 -1.84 0.00

15.41 15.54 -0.13 0 00

1,593.75 1,625.00 -31.25 0.00

This to important tax information and is being furnished to the Internal Revenue Service If you are required to file a return , a negligence penalty or othersanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported


2008 T-4 Information Statement

Account Number . 0135000115

Recipient ' s Tax ID number . XX-XXX3021

Payer ' s Federal ID number : 58-1428634

Li Corrected q 2nd TIN notice

Numberofshares CUSiP Description

(Box 5) (Box I b) (Box 7)

239.2500 481370609 ARTIO TOTAL RETURN BOND FUND I

9730 239080401 DAVIS NEW YORK VENTURE FUND Y

29.2410 239080401 DAVIS NEW YORK VENTURE FUND Y

2 4910 239080401 DAVIS NEW YORK VENTURE FUND Y

2.3630 239080401 DAVIS NEW YORK VENTURE FUND Y

3.5400 256219106 DODGE & COX STOCK FUND

.7860 256219106 DODGE & COX STOCK FUND

124.8670 277911491 EATON VANCE FLOATING-RATEFUNDI

165.0240 277911491 EATON VANCE FLOATING-RATEFUNDI

2.9510 38141 W810 GOLDMAN SACHS CORE FIXEDINCOME FUND I

179.5810 38141 W810 GOLDMAN SACHS CORE FIXEDINCOMEFUND I

334.1040 3814 1 WB 10 GOLDMAN SACHS CORE FIXEDINCOMEFUNDI

2.8030 38141W398 GOLDMAN SACHS MID CAP VALUEFUNDI

FederalIncome

Date Date of Stocks Cost or Net Gain TaxAcquired Sale Bonds, etc. other Basis or Loss Withheld

(Box 1a) (Box 2} (Box 4)

09/22/2008 10/14/2008 2,961.91 3,110.25 -148.34 0.00

09/22/2008 09/25/2008 32.72 32 60 0 12 0.00

09/22/2008 09/29/2008 893.02 979 57 -86.55 0.00

09/22/2008 10/27/2008 56 50 83 45 -26.95 0.00

09/22/2008 11/26/2008 56.79 79.16 -22.37 0.00

09/22/2008 09/26/2008 364.19 368.02 -3.63 0.00

09/22/2008 12/26/2008 56.23 81.71 -25.48 0.00

09/22/2008 09/30/2008 1,032.65 1,068.86 -36.21 0.00

09/22/2008 10/14/2008 1,222.83 1,412.61 -189.78 0.00

09/24/2008 09/25/2008 26.65 26 74 -0.09 0.00

09/24/2008 09/30/2008 1,600 07 1,627.00 -26.93 0 00

09/24/2008 10/14/2008 2,886.66 3,026.98 -140 32 0.00

09/22/2008 09/26/2008 86.36 87.06 -0.70 0.00

Page 8 of 20

Recipient's Name and Address

VBA EDUCATION FOUNDATION4490 COX ROADGLEN ALLEN, VA 23060

This is important tax information and is being furnished to the Internal Revenue Service If you are required to file a return , a negligence penalty or other

sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported.


2008 Tax Inform,

Account Number:Recipient 's Tax ID number-

Payer's Federal ID number:

i`I Corrected

3tion Statement

0135000115XX-XXX302158-1428634

q 2nd TIN notice

Page 9 of 20

Recipient ' s Name and Address

VBA EDUCATION FOUNDATION4490 COX ROADGLEN ALLEN, VA 23060

Federal

Number Income

of Date Date of Stocks Cost or Net Gain Tax

shares CUSIP Description Acquired Sale Bonds, etc. other Basis or Loss Withheld

(Box 5) (Box 1 b) (Box 7) (Box 1a) (Box 2) (Box 4)

2.5330 626124242 MUNDER MIDCAP CORE GROWTH 09/22/2008 09/26/2008 60.60 61.43 -0.83 0.00FUND Y

1.6750 45775L408 T ROWE PRICE INST LARGE-CAP 09/22/2008 09/25/2008 21.19 21.34 -0.15 0.00GROWTH FUND

42.1080 45775L408 T ROWE PRICE INST LARGE-CAP 09/22/2008 09/26/2008 529.30 536.46 -7.16 0.00GROWTH FUND

12.9230 893509349 TRANSAMERICA PREMIER INST 09/22/2008 09/26/2008 133.62 137.24 -3.62 0.00EQUITY FUND IN

36.4300 922031737 VANGUARD INFLATION-PROTECTED 09/22/2008 09/30/2008 858.66 898.37 -39.71 0.00SECURITIES _

621.7430 922031737 VANGUARD INFLATION-PROTECTED VARIOUS 10/14/2008 14,026 52 15,173.49 -1,146.97 0.00SECURITIES

.0390 922040100 VANGUARD INST INDEX FUND I 09/22/2008 09/25/2008 4.33 4 33 0 00 0.00

.6510 922040100 VANGUARD INST INDEX FUND I 09/22/2008 09/26/2008 72.11 72.20 -0.09 0.00

1.3480 922040100 VANGUARD INST INDEX FUND I 09/22/2008 09/29/2008 136 31 149.51 -13.20 0 00

1.3200 922031836 VANGUARD SHORT-TERM 09/22/2008 09/25/2008 13.35 13.45 -0 10 0.00INVESTMENT GRADE FUN

111.2150 922031836 VANGUARD SHORT-TERM 09/22/2008 09/30/2008 1,115.49 1,133 28 -17.79 0.00INVESTMENT GRADE FUN

233.3830 922031836 VANGUARD SHORT-TERM 09/22/2008 10/14/2008 2,322.16 2,378.17 -56.01 0.00INVESTMENT GRADE FUN

Total Short Term Sales Reported on 1099 -B 32,689.41 34,724.07 -2,034. 66 0.00

r

This is important tax information and is being furnished to the Internal Revenue Service If you are required to file a return , a negligence penalty or other

omsanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported.

a3



Dividends and Interest DetailQualified DividendsQualified Domestic Dividends

Description

Reported on 1099 Forms DIV, INT, OID or BAMERICAN BEACON SMALL CAP VALUE FUND I

COLUMBIA ACORN FUND Z

DAVIS NEW YORK VENTURE FUND Y

DODGE & COX STOCK FUND

GOLDMAN SACHS MID CAP VALUE FUND I

T ROWE PRICE INST LARGE-CAP GROWTH FUND

TRANSAMERICA PREMIER INST EQUITY FUND IN

VANGUARD INST INDEX FUND I

Total Reported on 1099 Forms DIV, INT, OID or B

Total Qualified Domestic Dividends

Qualified U . S. Government Interest Reported as Dividends

Description

Reported on 1099 Forms DIV, INT, OID or B

AMERICAN EUROPACIFIC GROWTH FUND A




Page 10 of 20

Account Number : 01350001 15

Tax ID Number XX-XXX3021

From : 09/18/2008 To: 12/31/2008

Amount ofdividend

184.51

15.93

628 67

387.23

326 20

141.83

365.91

185.80

2,236.08

2,236.08

Amount ofdividend

12.12

0.02

12.14

j

a



Qualified U.S. Government Interest Reported as Dividends

Description

Total Qualified U.S. Government Interest Reported as Dividends

Qualified Foreign Dividends

Description

Reported on 1099 Forms DIV, INT , OID or B

ADVISORS INNER CIRCLE FUND- ACADIAN EMERGING MARKETS PORTFOLIO INSTITUTIONAL SHA


ARTIO INTERNATIONAL EQUITY FUND 11 1



Total Qualified Foreign Dividends

Total Qualified Dividends included on 1099-DIV box 1b

Non-Qualified Dividends


Page 1 1 of 20


Tax ID Number : XX-XXX3021

From : 09/ 18/2008 To: 12/31/2008

Amount ofdividend

12.14

Amount ofdividend

143.49

551.64

438 61

55.73

1,189.47

1,189.47

3,437.69

L



Non-Qualified Domestic Dividends

Description

Reported on 1099 Forms DIV, INT, OID or BAMERICAN BEACON SMALL CAP VALUE FUND I


ARTIO TOTAL RETURN BOND FUND I


DODGE & COX STOCK FUND. .... .... .... .. . . .

EATON VANCE FLOATING-RATE FUND I

FEDERATED US TREAS CASH RESERVES CL I

GOLDMAN SACHS CORE FIXED INCOME FUND I


VANGUARD INFLATION-PROTECTED SECURITIES


VANGUARD SHORT-TERM INVESTMENT GRADE FUN


Total Non-Qualified Domestic Dividends

Non-Qualified U.S. Government Interest Reported as Dividends

Description

Reported on 1099 forms DIV, INT, OID or BAMERICAN BEACON SMALL CAP VALUE FUND I


Page 12 of 20

Account Number : 0135000115

Tax ID Number : XX-XXX3021 • .

From: 09/18/2008 To : 12/31/2008

Amount ofdividend

79.97

29.74

654.81

247.67

1.56

348.68

3.06

337.70

115.28

0 73

1.34

217 58

2,038.12

2,038.12

Amount ofdividend

0.80



Non-Qualified U.S. Government Interest Reported as Dividends

Description

ARTIO INTERNATIONAL EQUITY FUND II


FEDERATED US TREAS CASH RESERVES CL I


VANGUARD INFLATION-PROTECTED SECURITIES

VANGUARD SHORT-TERM INVESTMENT GRADE FUN

Total Reported on 1099 Forms DIV, INT, DID or 9

Total Non -Qualified U . S. Government Interest Reported as Dividends

Non-Qualified Foreign Dividends

Description

Reported on 1099 Forms DIV, INT, DID or BADVISORS INNER CIRCLE FUND- ACADIAN EMERGING MARKETS PORTFOLIO INSTITUTIONAL SHA


Total Reported on 1099 Forms DIV, INT, DID or B

Total Non-Qualified Foreign Dividends

Total Non-Qualified Dividends included in Form 1099-DIV box la


Page ( :.., 20

Account Number : 01350001 15 _


from: 09/18/2008 To- 12/31/2008

Amount ofdividend

3.22

13.07

36.58

7 87

332.25

9.46

403.25

403.25

Amount ofdividend

100.46

253.09

353.55

353.55

2,794.92

i



Capital Gain Distributions (15%)

Description

Reported on 1099 Forms DIV, INT, OID or BADVISORS INNER CIRCLE FUND- ACADIAN EMERGING MARKETS PORTFOLIO INSTITUTIONAL SHA



COLUMBIA ACORN FUND Z


MUNDER MIDCAP CORE GROWTH FUND Y




Total capital gain distributions { 15%)

Nondividend Distributions

Description

Reported on 1099 Forms DIV, INT, OID or BEATON VANCE FLOATING-RATE FUND I


Total Reported on 1099 Forms DIV, INT. OID or B


Page 14 of 20

Account Number - 0135000115


From : 09/18 /2008 To 12/.31/2008

Amount ofdividend

853.23

845.80

10.62

118.29

29.67

26.53

6.77

87.26

1,978.17

1,978.17

Amount ofdividend

31.14

5 53

36.67

rs



Nondividend Distributions

Description

Total Nondividend Distributions

Interest

Domestic Interest

Description

Reported on 1099 Forms DIV, INT, OID or BFDIC INSURED MONEY MARKET DEPOSIT ACCOUNT HELD BY GEORGIANBANK, ATLANTA, GA

FDIC INSURED MONEY MARKET DEPOSIT ACCOUNT HELD BY THE BRANDBANKING COMPANY, LAW

FDIC INSURED MONEY MARKET DEPOSIT ACCOUNT HELD BY THE TRUSTCOMPANY, BOERNE, TX

FDIC INSURED MONEY MARKET DEPOSIT ACCOUNT HELD BY UNITEDCOMMUNITY BANK, BLAIRSV

Total Reported on 1099 Forms DIV, INT, 011) or 8

Total Domestic Interest


Amount ofamortization

Page 15of20



From : 09/18/2008 To: 12/.31/2008

Amount ofdividend

36.67

Amount ofinterest

67 81

73.97

67.81

187.67

$397.26

$397.26

m



Foreign Tax Withheld on Dividends and Interest

Description

Other countriesADVISORS INNER CIRCLE FUND- ACADIAN EMERGING MARKETS PORTFOLIO INSTITUTIONAL SHA

ADVISORS INNER CIRCLE FUND- ACADIAN EMERGING MARKETS PORTFOLIO INSTITUTIONAL SHA




Total for Other countries

Total Foreign Tax Withheld on dividends and interest (1099 -INT and 1099 -Div box 6)

Ka-


Page 16 of 20 -


Tex ID Number : XX-XXX3021

From : 09/18/2008 To: 12/31/2008

Amount oftax

26.10

18.27

89.95

40.03

26.10

200.45

200.45



Other Tax InformationDeductionsAgency Fees

Description

Trustee/Executor Fees-Principal (allocable)

Total Agency Fees


Page 17 of 20

Account Number: 01 350001 15


From : 09/18/2008 To: 12/•31/2008

Amount ofexpense

169.52

169.52

Page 18 of 20 '



Dividends and Distributions - Form 1099-DIV

Instructions for Recipient

Account Number. May show an account or other unique number

the payer assigned to distinguish your account

Box Ia . Shows total ordinary dividends that are taxable include

tlus amount on fine 9a of Form 1040 or 1040A Also, report it on

Schedule 8 (Form 1040) or Schedule I (Form 1040A), if required.

The amount shown may be a distribution from an employee stock

ownership plan (ESOP) Report it as a dividend on your Form

1040/1040A but treat it as a plan distribution, nut as investment

income, for any other purpose.

Box lh . Shows the portion of the amount in box la that may be

eligible for the 15SE% or zero capital gains rates Sec the Form1040/I040A instructions foi how to determine this amount. Report

the eligible amount on line 9b. Form 1040 or 1040A.

Box 2a. Shows total capital gain distributions Goat a regulated

investment company or real estate investment trust. Report the

amounts shown in box 2a and Schedule D (Form 1040), line I 1

But, if no amount is shown to boxes 2c-2d and your only capital

gains and losses are capital gain distnhutiuns, you may he able to

report the amounts shown in box 2a on line 13 of Form 1040 (line

10 of Form I040A) rather than Schedule 1). See the Form

I040/1040A instructions.

Box 2b. Shows the portion of the amount in box 2a that 15

un-recaptured section 1250 gain from certain depreciable real

property Report this amount on the Un-recaptured Section 1250

Gain Worksheet-Line 19 in the Schedule D instructions (Form

1040).

Box 2c. Shows the portion of the amount in box 2a that is section

1202 gain from certain small business stuck that may be subject to

a 505 exclusion See the Schedule D (Form 1040) instruuiom

Box 2d. Shows 28%"r rate gain from sales or exchanges ofcollectibles. If required. use this amount when completing the 23

Rate Gain Worksheet-Line 18 in the instructions for Schedule I)

(Form 1040)


Tax ID Number . XX-XXX3021

From : 09/18/2008 To: 12/.31/2008

Box 3. Shows the part of the distribution that is nontaxable because it is a return of your

cost (or other basis). You must reduce your cost (or other basis) by this amount for figuring

gain or loss when you sell your stock. But if you get hack all your cost (or other basis),

report future distributions as capital gains See Pub 550. Itnestmeni Income and Expenses

Box 4 . Shows backup withholding. For example, a payer must backup withhold on certain

payments at a 2817'r rate if you did not give your taxpayer identification numhei to the payer.

See Form W-9, Request for Taxpayer Identification Number and Certification. for

mforntatiun on backup withholding. Include this :mtount on your income tax return as tax

withheld.

Box 5 . Shows your share of expenses of a non-publicly offered regulated investment

company, generally a non-publicly offered mutual fund If you file Form 1040, you may

deduct these expenses on the "Other expenses " l ine on Schedule A (Form 1040)

subject to the 2% limit This amount is included in box Ia

Box 6. Shows the foreign tax you may he able to claim as a deduction or a credit on Form

1040_ See the Form 1040 instructions

Box 7. This box should be left blank il' a Regulated Investment Company reported the

foreign tax shown in box 6.

Boxes 8 and 9. Shows cash and non-cash liquidation dtstnhuuuns.

Nominees. If this form includes amounts belonging to another petson, you are considered a

nominee recipient You must file Form 1099-DIV with the IRS for each of the other owners

to show their share of the income, and you must furnish a Form t099-I)IV to cacti A

husband or wife is not required to file a nominee return to show amounts owned by the

other See the 2008 General Instructions for Fornis 1099, 1098, 5498, and W-2G

If!


Page 19 of 20 '



Interest Income - Form 1099-INT


at

Account Number. May show an account or oilier unique number

the payer assigned to distinguish your account

Box 1. Shows taxable interest paid to you during the calendar year

by the payer. This does not include interest shown in box 3 May

also show the total amount of the credits from clean renewable

energy bonds and Gulf bonds that must be included in your mtetcst

income. These amounts were treated as paid to you during 2008 on

the credit allowance dates (March 15, June 15, September 15, and

December 1S). For more information, see Form 8912, Clean

Renewable Energy Bond and Gulf Bond Credit

Box 2. Shows interest or principal forfeited because of earlywithdrawal of time sa.ings. You may deduct this amount to figure

your adjusted gross income on your income tax return Sec theinstructions for Form 1040 to see where to take the deduction

Box 3. Shows interest on U.S. Savings Bonds, Treasury bills,

Treasury bonds, and Treasury notes This may or may not be all

taxable See Pub 550, Investment Income and Expenses. This

interest is exempt from state and local income taxes This interest is

not included in box 1.

Box 4 . Shows backup withholding Generally, a payer must backupwithhold at a 28% rate if you did not furnish your taxpayeridentification number (TIN) or you did not furnish the correct TIN

to the payer. See Form W-9, Request for Taxpayer Identification

Number and Certification, for information on backup withholding

Include this amount on your income tax return as tax withheld.

Box 5. Any amount shown is your share of investment expenses of

a single-class REMIC. Jr you File Form 1040, you may deduct these

expenses on the "Other expenses" line of Schedule A

(Form 1040) subject to the 2r1r limit. This amount is included in

box I.

Account Number: 01350001 15


From : 09/18/2008 To: 12/31/2008

Box 6. Shows foreign tar paid. You may be able to claim this tax as a deduction or a credit

on your Form 1040 See your Form I(140 instructions

Box 8. Shows tax-exempt interest, including exempt-interest di%tdends from a mutual land

or other regulated investment company, paid to you during the calendar year by the payer

Report this amount on line 8b of Form 1040 or Form 1040A This amount may be subject

to backup withholding See box 4.

Box 9. Shows tax-exempt interest subject to the alternative minimum tax. This amount is

included in box 8 See the Instructions for Form 6251, Alternative Minimum Tax -

Individuals.

Nanunees. If this form includes amounts belonging to another person (s), you are constdeted

a nominee recipient . Complete a Form 1099-IN'I for each of the other owners showing the

income allocable to each File. Copy A of the form with the IRS _ Furnish Copy B to each

owner. List yourself as the "payer" and the other owner ( s) as the

"recipient." File Form( s) 1099.INT with Form 1096 , Annual Summary and

Transmittal of U S Information Returns , with the Internal Revenue Service Center for your

area On Form 1096 list yourself as the "filer." A husba nd or wife is not

required to file a nominee return to show amounts owned by the other.


E

2008 T6k Information Statement


Proceeds from Broker and Barter Exchange Transactions - Form 1099-B


rn

a69

1i

Brokers and barter exchanges must report proceeds front

transactions to you and the IRS on Form 1099-B by January 31 of

the year following the calendar year of the transaction Reporting is

also required when your broker knows or has tcason to know that a

corporation in which you own stock has had a change in control or

a substantial change in capital structure You may he required to

recognise gain from the receipt of cash. stock of other property

that was exchanged for the corporation's stock If your broker

reported this type of transaction to you, the corporation is identified

in the box below your name and address on Form 1099-B.

Account Number. May show an account or other unique number

the payer assigned to distinguishyour account

Box ]a. Shows the trade date of the transaction Foi aggregate

reporting, no entry will he present.

Box lb. For broker transactions. may show the CUS1P (Coninnttee

on Uniform Security Identification Procedures) number of the item

reported

Box 2. Shows the aggregate proceeds from transactions involving

stocks, bonds, other debt obllgalions.comntodlties, or forward

contracts. Losses on forward contracts and changes in control of

substantial change in capital stntcture are shown in parentheses

This box does not include proceeds from regulated futures

contracts. 1'he broker must indicate whether gross proceeds or gross

proceeds less commissions and option premiums were reported to

the IRS. Report this amount on Schedule D (For to 1040), Capital

Gains and Losses. However, if Box 12 is checked, you cannot take

a loss on your tax return based on gross proceeds from an

acquisition of control or substantial change in capital structure

reported to Box 2 I)n not report this loss on Schedule I) (Worm

1040) The broker should advise you of any losses on a separate

statement

Page 20 of 20


Tax ID Number. XX-XXX3021

From: 09/18/2008 To: 12/.31/2008

Box 3. Shows the cash you received, the fair market s clue of any property of scrs lees you

received, and/or the fair markets alue of any trade credits or scrip credited to your accuunI

by a haver exchange. See Pub. 525. Taxable and Nontaxable Income, for mfnrmatiunon how

to report this income.

Box 4. Shows backup withholding Generally.a payer must backup withhold at a 29% rate if

you did not furnish your taxpayer identification number to the payer. See Form W-9.

Request for Taxpayer Identification Number and Certification, for tnformauonon backup

withholding. Include this amount on your income tax return as tax withheld.

Box 5. Shows the number of shares of the corporation's stuck that you held which

were exchanged in the change in control or substantial change in capital structure

Box 6. Shows the class or classes of the corporation's stock that were exchanged in

the change in control or substantial change in capital structure

Box 7. Shows a bi mef description of the item or service for which the proceeds or bartering

income is being reported For regulated futures contracts and forward contracts,

"RFC" or other appropnatc description may be shown

Regulated Futures Contracts:

Box 8 . Shows the profit or (loss ) realized on regulated fututes or foreign currency contracts

closed during 2008.

Box 9 . Shows any year-end adjustment to the profit or (loss) shown in box 8 due to open

contracts on December 31, 2007

Box 10 . Shows the unreubied profit or (loss) on open contracts held in your account on

December 31, 2008 These are considered sold as of that date. This will become an

adjustment reported in box 9 to 2009

Box 11. Boxes 8. 9, and 10 are all used to figure the .tggregale profit or (loss) on regulated

futures or foreign currency contracts for the year, Include this amount on your 2008 Form

6781


VBA.EDUCATION FOUNDATION 20-4943021

FORM 990-EZ' OTHER EXPENSES STATEMENT 1

DESCRIPTION

OFFICE SUPPLIESPROPERTY TAX AND BUSINESS LICENSEBANK SERVICE CHARGESOTHERMARKETING

80.25.

170.71.

680.

AMOUNT

TOTAL TO FORM 990-EZ, LINE 16 1,026.

FORM 990 - EZ GAIN (LOSS) FROM PUBLICLY TRADED SECURITIES STATEMENT 2

DESCRIPTIONGROSS COST OR

SALES PRICE OTHER BASIS

SEE ATTACHEDSTATEMENT 1

TO FORM 990-EZ, LINE 5

32,689. 34,724.

32,689. 34,724.

EXPENSE NET GAINOF SALE OR (LOSS)

0. <2,035.>

0. <2,035.>

12 STATEMENT(S) 1, 221261012 726045 065590.000 2008.04040 VBA EDUCATION FOUNDATION 0655901

VBA.EDUCATION FOUNDATION

FORM 990-EZ' CASH GRANTS AND ALLOCATIONS STATEMENT 3

20-4943021

DONEE'SCLASS OF ACTIVITY/DONEE'S NAME AND ADDRESS RELATIONSHIP AMOUNT

VIRGINIA COUNCIL ON ECONOMIC EDUCATION301 W MAIN STREET BOX 844000RICHMOND, VA 23284-4000

TOTAL INCLUDED ON FORM 990-EZ, LINE 10

NONE 20,000.

20,000.

13 STATEMENT(S) 321261012 726045 065590.000 2008.04040 VBA EDUCATION FOUNDATION 0655901

VBA.EDUCATION FOUNDATION 20-4943021

FORM 990-EZ INFORMATION REGARDING TRANSFERS STATEMENT 4ASSOCIATED WITH PERSONAL BENEFIT CONTRACTS

A) DID THE ORGANIZATION, DURING THE YEAR, RECEIVE ANY FUNDS,

DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL

BENEFIT CONTRACT? . . . . . . . . . . . . . . . . . . . . [ I YES [XI NO

B) DID THE ORGANIZATION, DURING THE YEAR, PAY PREMIUMS,DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT? . [ I YES [X] NO


VBA.EDUCATION FOUNDATION

990-EZ PG 2'

20-4943021

STATEMENT 5

GRANT TO THE VIRGINIA COUNCIL ON ECONOMIC EDUCATION TO BE USED TO SUPPORTTHE COSTS OF PROVIDING WORKSHOP EDUCATION IN SEVERAL AREAS OF THE STATE FORSCHOOL TEACHERS WITH A FOCUS ON FINANCIAL LITERACY.


VBA•EDUCATION FOUNDATION 20-4943021

990-EZ PG 2' STATEMENT 6

IT IS THE MISSION OF THE VBA EDUCATION FOUNDATION TO ADVANCE PERSONALFINANCIAL LITERACY ACCROSS THE COMMONWEALTH OF VIRGINIA.


Form 8868 (Rev 4-2009) Page 2

• If you are filing for an Additional ( Not Automatic) 3-Month Extension , complete only Part II and check this box ► ^X

Note . Only complete Part It if you have already been granted an automatic 3 month extension on a previously filed Form 8868

• If you are filing for an Automatic 3-Month Extension , complete only Part I (on page 1)

Part II Additional (Not Automatic ) 3-Month Extension of Time. Only file the original (no copies needed)

Type orName of Exempt Organization Employer identification number

printBA EDUCATION FOUNDATION 20-4943021

File by the

extended Number, street, and room or suite no If a P 0 box, see instructions For IRS use onlydue date for 4490 COX ROADfiling the

return see City, town or post office, state, and ZIP code For a foreign address, see instructionsinstructions

LEN ALLEN, VA 2 3 0 6 0

Check type of return to be filed (File a separate application for each return)

Form 990 LX Form 990 EZ Form 990 T (sec 401(a) or 408(a) trust) Form 1041-A 0 Form 5227 0 Form 8870

Form 990-BL 0 Form 990-PF Li Form 990-T (trust other than above) 0 Form 4720 0 Form 6069

STOP! Do not complete Part II if you were not already granted an automatic 3-month extension on a previously filed Form 8868.

STACY PUCKETT

• The books are in the care of ► 4 4 9 0 COX ROAD - GLEN ALLEN, VA 2 3 0 6 0

Telephone No ► 804-643-7469 FAX No ►• If the organization does not have an office or place of business in the United States, check this box ► 0

• If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) If this is for the whole group, check this

box ► 0 If it is for part of the group, check this box ►= and attach a list with the names and EINs of all members the extension is for

4 I request an additional 3-month extension of time until NOVEMBER 15, 2009

5 For calendar year 2 0 0 8 , or other tax year beginning , and ending

6 If this tax year is for less than 12 months, check reason Initial return Final return Change in accounting period

7 State in detail why you need the extension

ADDITIONAL TIME IS NEEDED TO OBTAIN INFORMATION REGARDINGCONTRIBUTION ACTIVITY IN OR TO PREPARE A COMPLETE AND ACCURATE RETURN.

8a If this application is for Form 990 BL, 990 PF, 990 T, 4720, or 6069, enter the tentative tax, less any

nonrefundable credits See instructions

b If this application is for Form 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated

tax payments made Include any prior year overpayment allowed as a credit and any amount paid

previously with Form 8868

c Balance Due. Subtract line 8b from line 8a Include your payment with this form, or, if required, deposit

with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System) See Instructions $ N/A

Signature and VerificationUnder penalties of pel fury, I declare that I have examined this form, Including accompanying schedules and stalements, and to the best of my knowledge and belief,it is true, correct, and complete, and that I am authorized to prepare this form

Signature ► Title ► Date ►Form 8868 (Rev 4-2009)

82383205-26-09

1721261012 726045 065590 . 000 2008.04040 VBA EDUCATION FOUNDATION 0655901

Form 8868

(Rev. April 2009)

Department of the TreasuryInternal Revenue Service

70^ 2 3 2/ / 7 ,j 33Application for Extension of Time To File an

Exempt Organization Return OMB No 1545-1709► File a arate application for each return.

• If you are filing for an Automatic 3-Month Extension , complete only Part I and check this box - ►• If you are filing for an Additional ( Not Automatic ) 3-Month Extension , complete only Part II (on page 2 of this form)

Do not complete Part II unless you have already been granted an automatic 3 month extension on a previously filed Form 8868.

Part I Automatic 3-Month Extension of Time . Only submit original (no copies needed)

A corporation required to file Form 990-T and requesting an automatic 6-month extension - check this box and complete

Part I only ► 0

All other corporations (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of timeto file income tax returns.

Electronic Filing (e -file). Generally , you can electronically file Form 8868 If you want a 3 -month automatic extension of time to file one of the returnsnoted below (6 months for a corporation required to file Form 990-T) However, you cannot file Form 8868 electronically if (1) you want the additional(not automatic) 3-month extension or (2) you file Forms 990 - BL, 6069, or 8870 , group returns , or a composite or consolidated Form 990-T. Instead,you must submit the fully completed and signed page 2 (Part II) of Form 8868. For more details on the electronic filing of this form, visitwwwJ-s . v/eftle and click on e- file for Charities & Nonprofits.

Type or Name of Exempt Organization Employer identification number

print

VBA EDUCATION FOUNDATION 20-4943021File by the

due dale for Number , street , and room or suite no If a P O. box, see instructions

filing your 4490 COX ROADreturn Seeinstructions City, town or post office, state, and ZIP code For a foreign address , see instructions

GLEN ALLEN , VA 23060

Check type of return to be filed (file a separate application for each return)

Q Form 990 Form 990-T (corporation ) 0 Form 4720

Form 990-BL 0 Form 990-T (sec 401 (a) or 408(a) trust ) Form 5227

® Form 990-EZ 0 Form 990 T (trust other than above) Form 6069

0 Form 990-PF 0 Form 1041-A 0 Form 8870

STACEY PUCKETT• The books are in the care of ► 4 4 9 0 COX ROAD - GLEN ALLEN, VA 2 3 0 6 0

Telephone No ► 804-643 -7469 FAX No ►• If the organization does not have an office or place of business in the United States, check this box ► 0• If this is for a Group Return, enter the organization ' s four digit Group Exemption Number (GEN) If this is for the whole group, check this

box ► 0 If it is for part of the group , check this box ►0 and attach a list with the names and EINs of all members the extension will cover.

I request an automatic 3 month (6-months for a corporation required to file Form 990-T) extension of time until

AUGUST 15, 2 009 , to file the exempt organization return for the organization named above The extension

is for the organization ' s return for

►® calendar year 2 0 0 8 or►0 tax year beginning , and ending

2 If this tax year is for less than 12 months, check reason : 0 Initial return LI Final return 0 Change in accounting penod

3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, alter the tentative tax, less any

nonrefundable credits See instructions

b If this application is for Form 990-PF or 990-T, enter any refundable credits and estimated

tax payments made. Include any prior year overpayment allowed as a credit

c Balance Due. Subtract line 3b from line 3a. Include your payment with this form, or, it required,

deposit with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System)

See instructions

Caution. If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879-EO for payment instructions

LHA For Privacy Act and Paperwork Reduction Act Notice, see Instructions. Form 8868 (Rev. 4-2009)

82383103-11-09

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