RD204 - Expenditure Report of the Southwest Virginia Cultural Heritage Foundation - September 1, 2015


Executive Summary:
The following report fulfills the 2015 Appropriation Act Item 104 K.2 which requires the Southwest Virginia Cultural Heritage Foundation to report by September 1 of each year to the Governor and the Chairmen of the House Appropriations and Senate Finance Committees on the expenditures of the foundation and its ongoing efforts to generate revenues sufficient to sustain operations.

The General Assembly appropriated $475,000 to support the Southwest Virginia Cultural Heritage Foundation which covered staffing, a portion of operational costs for Heartwood and some regional marketing however was insufficient and therefore additional funding was pursued to continue the operation of the Foundation and its related activities. The Foundation did receive a one-time grant of $600,000 from the Tobacco Commission to continue the overall initiative and to maintain the operations of Heartwood as a showplace for the creative assets of Southwest Virginia and the quality of life of its’ communities.