In addition to the membership meetings the VBBFC has several dock parties during the fishing season which are open to members and prospective members. Members also attend an annual oyster roast, a Christmas Party and an annual awards banquet.

The VBBFC conducts an annual season long fishing tournament for the members called the Fishing Frenzy. The tournament promotes the release of all billfish, ethical fishing practices and the evolvement of junior anglers. Awards are presented at the annual awards banquet. VBBFC is very active in supporting local youth drug and alcohol prevention. The foundation has instituted the Hooked on Fishing-Not on Drugs program (HOF-NOD) and supports the DARE efforts to provide our youth with alternatives to drug involvement. The foundation raises funds for the HOF-NOD program by conducting the annual Tux & Tails Gala. Tickets to the gala are sold in the local community and funds are raised through ticket sales, raffles and silent auctions during the gala.