NonprofitsAir Force Academy Foundation

Private Grantmaking Foundations

Air Force Academy Foundation

USAF ACADEMY, CO

Total revenue

$45.0M

Total expenses

$40.9M

Net assets

$156.2M

Grants received

$48.5M

206 grants

EIN

260537053

Tax year

2024

Mission

Together, we serve graduates, preserve the heritage of the Academy & Long Blue Line, and support USAFA to develop leaders of character for Air Force, Space Force, and nation.

Programs

1 program

Grants are provided annually to the Association of Graduates (AOG) in support of its operations to support alumni of the USAFA, memorials, and graduate dependent scholarships. This program also includes philanthropic support to build a new office building for the AOG and Air Force Academy Staff, as well as support to pay down the bonds on Hotel Polaris, which will be turned over to the AOG upon payoff of the bonds.

Expenses: $1.7MGrants: $419K

Financials

FY 2024

Revenue

Contributions & grants$41.5M
Program service revenue
Investment income$3.5M
Other revenue$60K
Total revenue$45.0M

Expenses

Grants paid$33.7M
Salaries & benefits$3.5M
Fundraising$3.3M
Other expenses$3.3M
Total expenses$40.9M
Total assets$169.5M
Net assets$156.2M

People

50 listed

NameRoleCompensation

Kelly Banet

Executive VP of Development

Board

$264K

38 hrs/wk

Mark Hille

CEO

Board

$167K

20 hrs/wk

Katie Willemark

CFO

Board

$127K

20 hrs/wk

Alexander P Gilbert

Chair

Board

1 hrs/wk

Stephen M Dickson

Vice Chair

Board

1 hrs/wk

Stephen MacLeod

Secretary

Board

1 hrs/wk

Jeffrey M Frient

Treasurer

Board

1 hrs/wk

Dana H Born

Director

Board

1 hrs/wk

Louis W Bremer

Director

Board

1 hrs/wk

Jerome V Bruni

Director

Board

1 hrs/wk

Paul Capon

Director

Board

1 hrs/wk

John D Childs

Director

Board

1 hrs/wk

William Clohan

Director

Board

1 hrs/wk

Evan Dadosky

Director

Board

1 hrs/wk

Leslie G Denend

Director

Board

1 hrs/wk

Terrance M Drabant

Director

Board

1 hrs/wk

Leonard C Ekman

Director

Board

1 hrs/wk

Elizabeth D Ferrill

Director

Board

1 hrs/wk

April S Fitzgerald

Director

Board

1 hrs/wk

John M Fox

Director

Board

1 hrs/wk

Brian C Gornick

Director

Board

1 hrs/wk

Alexander Granados

Director

Board

1 hrs/wk

A Bart Holaday

Director

Board

1 hrs/wk

Bradley C Hosmer

Director

Board

1 hrs/wk

William J Hybl

Director

Board

1 hrs/wk

Max F James

Director

Board

1 hrs/wk

Edward R Jayne

Director

Board

1 hrs/wk

William A Jones

Director

Board

1 hrs/wk

Paul G Kaminski

Director

Board

1 hrs/wk

Jesung Kim

Director

Board

1 hrs/wk

J Scott Kirby

Director

Board

1 hrs/wk

John N Kucera

Director

Board

1 hrs/wk

Matthew J Kuta

Director

Board

1 hrs/wk

H Michael Lambert

Director

Board

1 hrs/wk

P Michael Leahy

Director

Board

1 hrs/wk

Edward E Legasey

Director

Board

1 hrs/wk

Rod Little

Director

Board

1 hrs/wk

Eugene A Lupia

Director

Board

1 hrs/wk

Paul S Madera

Director

Board

1 hrs/wk

Sarah J Marshall

Director

Board

1 hrs/wk

John W Martin

Director

Board

1 hrs/wk

John H Martinson

Director

Board

1 hrs/wk

Richard D McConn

Director

Board

1 hrs/wk

Bradley M Meissen

Director

Board

1 hrs/wk

Gilbert D Mook

Director

Board

1 hrs/wk

Patrick M Nesbitt

Director

Board

1 hrs/wk

Terrence O'Donnell

Director

Board

1 hrs/wk

Kevin O'Neil

Director

Board

1 hrs/wk

Dale Zschoche

Assistant VP for Development

Staff

$121K

39 hrs/wk

Vincent Greco

Assistant VP Philanthropic

Staff

$112K

39 hrs/wk

Independent contractors

Saunders Norwood Construction

Construction

$9.1M

Dimensional Innovations

Const. of Signage

$516K

Legends Sales Marketing LLC

Professional Fund.

$391K

Monarch Landscaping Lawn Care Mai

Construction

$359K

Jostens Inc

Ring Sculpture

$252K

Grants received

Showing 200 of 206

FromAmountPurposeYear
$10.4M
Support Foundation Projects
2024
$2.2M
UNRESTRICTED GENERAL SUPPORT
2024
$500K
FALCON STADIUM RENOVATION
2024
$250K
MUSE FAMILY NCLS SPKR FD
2024
$227K
PHILANTHROPY
2024
$200K
General & Unrestricted
2024
$167K
Rossetti Aero Fellowship Fund
2024
$55K
CHARITABLE GIFT
2024
$50K
ADVANCEMENT OF THE ACADEMIES BOXING PROGRAM
2024
$30K
OPERATIONS
2024
$30K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$20K
VOLLEYBALL (MEN) COMPETITIVE CLUB FUND
2024
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$11K
POPULATION - MILITARY/VETERANS
2024
$10K
GENERAL PURPOSES
2024
$5K
PUBLIC ASSISTANCE
2024
$2K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$1K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$1K
PUBLIC ASSISTANCE
2024
$1K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$1K
GENERAL FUND
2024
$410
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$70
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$50
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$3.5M
UNRESTRICTED GENERAL SUPPORT
2023
$1.3M
CHARITABLE GIFT
2023
$1.2M
PUBLIC, SOCIETAL BENEFIT
2023
$941K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$833K
For grant recipient's exempt purposes
2023
$300K
Civic and Community
2023
$250K
To further programs of the organization.
2023
$250K
Education & Youth Development
2023
$236K
PHILANTHROPY
2023
$200K
PROGRAM/OPERATING SUPPORT
2023
$160K
General support for programs, operations and other charitable purposes
2023
$125K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$52K
ADVANCEMENT OF THE ACADEMIES BOXING PROGRAM
2023
$30K
OPERATIONS
2023
$17K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$15K
GENERAL PURPOSE
2023
$14K
CHARITABLE DONATION
2023
$10K
GENERAL PURPOSES
2023
$8K
ED: POST-SECONDARY
2023
$7K
VARIOUS PROJECTS
2023
$6K
GENERAL OPERATING
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$4K
PROGRAM/OPERATING SUPPORT
2023
$3K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$2K
PROGRAM/OPERATING SUPPORT
2023
$2K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$1K
To support the United States Air Force Academy Foundation
2023
$1K
PUBLIC ASSISTANCE
2023
$1K
GIFT MATCHING
2023
$1K
FOR SCHOLARSHIP FUND
2023
$1K
GENERAL SUPPORT GRANT
2023
$1K
UNRESTRICTED DONATION
2023
$1K
UNRESTRICTED DONATION
2023
$1K
UNRESTRICTED DONATION
2023
$1K
UNRESTRICTED DONATION
2023
$1K
UNRESTRICTED DONATION
2023
$1K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$920
GENERAL OPERATING SUPPORT
2023
$750
EDUCATION
2023
$500
GENERAL FUND
2023
$500
PHILANTHROPY, VOLUNTARISM AND GRANTMAKING FOUNDATIONS
2023
$200
UNRESTRICTED DONATION
2023
$200
MATCHING GIFTS
2023
$200
GENERAL CHARITABLE PURPOSES
2023
$100
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$70
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$50
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$50
GENERAL EXEMPT PURPOSE
2023
$50
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$50
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$1.1M
PUBLIC, SOCIETAL BENEFIT
2022
$1.1M
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$955K
UNRESTRICTED GENERAL SUPPORT
2022
$519K
For grant recipient's exempt purposes
2022
$300K
GENERAL SUPPORT
2022
$278K
PHILANTHROPY
2022
$199K
Support Foundation Projects
2022
$145K
Founding Director Fund
2022
$125K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$55K
ADVANCEMENT OF THE ACADEMIES BOXING PROGRAM
2022
$24K
GENERAL SUPPORT
2022
$23K
CHARITABLE DONATION
2022
$11K
SCHOLARSHIPS
2022
$10K
GENERAL PURPOSES
2022
$10K
ED: EDUCATION
2022
$5K
PROGRAM/OPERATING SUPPORT
2022
$5K
MIP PAYOUT FOR 10/03/22
2022
$4K
Donated Gift
2022
$4K
Donated Gift
2022
$4K
MATCHING GIFTS
2022
$3K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$2K
UNRESTRICTED DONATION
2022
$1K
GENERAL CHARITABLE PURPOSES
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$1K
UNRESTRICTED DONATION
2022
$1K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$1K
UNRESTRICTED DONATION
2022
$1K
GENERAL FUND
2022
$1K
To support the United States Air Force Academy Foundation
2022
$750
GENERAL SUPPORT
2022
$670
GENERAL OPERATING SUPPORT
2022
$650
MATCHING GIFTS
2022
$100
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$60
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$50
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$50
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$50
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$25
MATCHING GIFTS
2022
$1.1M
PUBLIC, SOCIETAL BENEFIT
2021
$532K
For grant recipient's exempt purposes
2021
$532K
For grant recipient's exempt purposes
2021
$97K
Founding Director Fund
2021
$97K
Founding Director Fund
2021
$90K
For recipient's exempt purpose
2021
$10K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2021
$5K
CHARITABLE ENTITY SUPPORT
2021
$5K
GENERAL OPERATING
2021
$3K
Matching Gift - general operating support
2021
$3K
EDUCATIONAL
2021
$3K
MEMORIAL GIFT
2021
$1K
To support the United States Air Force Academy Foundation
2021
$1K
GENERAL OPERATING SUPPORT
2021
$988
GENERAL SUPPORT GRANT
2021
$750
EDUCATION
2021
$500
GENERAL FUND
2021
$500
OPERATIONAL SUPPORT
2021
$7.1M
UNRESTRICTED GENERAL SUPPORT
2020
$1.5M
For grant recipient's exempt purposes
2020
$511K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$125K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2020
$100K
TICKETS FOR VETERANS TO AVS/KINGS NHL STADIUM SERIES AT US AIR FORCE ACADEMY
2020
$76K
TO SUPPORT AIR FORCE ACADEMY FUND, CENTER FOR CYBER INNOVATION BUILDING & MAINTENANCE FUND, AND FOUNDING DIRECTOR FUND
2020
$66K
PUBLIC, SOCIETAL BENEFIT
2020
$15K
GENERAL PURPOSES
2020
$13K
SCHOLARSHIPS
2020
$10K
GENERAL OPERATING SUPPORT
2020
$7K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$3K
GENERAL OPERATING
2020
$2K
GENERAL CHARITABLE PURPOSES
2020
$750
EDUCATION
2020
$100
PROGRAM ASSISTANCE
2020
$350K
GENERAL SUPPORT
2019
$334K
For grant recipient's exempt purposes
2019
$123K
PUBLIC, SOCIETAL BENEFIT
2019
$117K
PRIMARY AND SECONDARY EDUCATION
2019
$65K
GENERAL OPERATING SUPPORT
2019
$45K
ADVANCEMENT OF THE ACADEMY'S BOXING PROGRAM
2019
$25K
UNRESTRICTED GENERAL SUPPORT
2019
$9K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2019
$226K
For grant recipient's exempt purposes
2018
$189K
STAMPS SCHOLARS
2018
$34K
PUBLIC, SOCIETAL BENEFIT
2018

Funded by

$48.5M from 67 funders · 206 grants · 2017–2024

Morgan Stanley Global Impact Funding Trust Inc

$13.7M · 5 grants · 2019–2024

Association of Graduates of the United States

$13.3M · 5 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$5.3M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$3.6M · 7 grants · 2017–2023

Vanguard Charitable Endowment Program

$2.6M · 4 grants · 2020–2023

Foundation For The Carolinas

$1.4M · 2 grants · 2023–2024

The Muse Family Foundation

$1.1M · 3 grants · 2022–2024

American Online Giving Foundation Inc

$877K · 6 grants · 2019–2024

Details

EIN260537053
NTEE codeT20
Subsection03
Ruling date2008-03
Formed2007
Employees101
Volunteers61
AIR FORCE ACADEMY FOUNDATION — Mission, Financials & Grants Received | Grantivo