Virginia Harness Horse Association

The Virginia Harness Horse Association (VHHA) is a nonprofit organization dedicated to promoting and supporting the harness racing industry in the state of Virginia. Established with the goal of sustaining, promoting, and growing opportunities for Standardbred horses in breeding and racing, the VHHA plays a crucial role in maintaining the viability of harness racing in the region[2][3].

Mission and Activities

The VHHA focuses on informing the public about races held within the state and collaborates closely with horse owners, trainers, and drivers to advance the interests of the harness racing community[3]. One of its key initiatives is the administration of the Virginia Breeders Fund, which provides awards and incentives to breeders of Virginia-bred Standardbreds[5]. This fund helps incentivize breeding within the state by offering financial rewards to eligible participants.

Financial Overview

The VHHA operates with significant financial resources. Recent data indicates the organization's revenue has ranged between approximately $2 million and $3.47 million annually, with expenses hovering around $1 million to $1.31 million. It maintains substantial total assets of about $5.38 million, while liabilities are reported at around $766,000[4].

Initiatives and Programs

In addition to managing the Breeders Fund, the VHHA is responsible for organizing key events, such as the annual VHHA meeting, which serves as a platform for discussion and decision-making among its members[2]. The association also oversees elections for its Board of Directors, ensuring the active participation of its stakeholders in governance[2].

Virginia Breeders Fund

An integral part of the VHHA's efforts is the Virginia Breeders Fund, designed to encourage and reward the breeding of Standardbred horses within Virginia. The fund includes various eligibility criteria, such as being sired by a registered stallion in Virginia or being foaled in-state[1]. The program features both elimination races and finals for different age groups, with specific nomination and starting fees applicable to participants[1]. Changes to the program, such as adjustments to race schedules and payment structures, are implemented to optimize the benefits for breeders and enhance the racing experience[1].

[1] https://www.vhha.net/breeders-fund-program [2] https://www.vhha.net [3] https://www.guidestar.org/profile/54-1762821 [4] https://projects.propublica.org/nonprofits/organizations/541762821 [5] https://givefreely.com/charity-directory/nonprofit/ein-541762821/