Yvorra Leadership Development Foundation

How YLD Operates


Yvorra Leadership Development Foundation is a non-profit, tax exempt organization. The Foundation operates under section 501(a) of the Internal Revenue Code and as an organization described in section 501(c)(3) and 509(a) of the Code. In compliance with Federal requirements, YLD prepares annual financial reports and submits them to the IRS. All financial reports are submitted to a certified public accountant for third party review and are a matter of public record.

The Foundation's Board of Directors is primarily responsible for the administration and management of the organization. All members of the Board of Directors and the Scholarship and Awards Committee serve without compensation or remuneration.

The Scholarship and Awards Committee is established under the Board as a free-standing and impartial group for the sole purpose of evaluating applications and selecting suitable candidates. No member of the Board serves on the Awards Committee; however, the Committee Chairperson serves as a non-voting member of the Board.

The Scholarship and Awards Committee reviews qualified applicants in September of each year and selects award recipients by letter ballot. Applicants are selected based on five broad criteria. These include:


Board of Directors


Scholarship and Awards Committee


Send questions or comments to YLD at: yld@chesapeake.net

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