Nonprofits›Falcon Foundation

Education

Falcon Foundation

USAF ACADEMY, CO

WebsiteView as a funder

Total revenue

$1.7M

Total expenses

$958K

Net assets

$33.6M

Grants received

$501K

25 grants

EIN

756016930

Tax year

2023

Mission

To further the opportunity for highly motivated, exceptional young men and women to attend the united states air force academy through the award of falcon foundation scholarships

Programs

1 program

Academy Programs- The Falcon Foundation, through their Academy Programs, provides annual sums to support programs as per the donors' desires. tHE FISCAL YEAR PROGRAMS WERE: THE AERO DEPARTMENT'S ENGINE PROPULSION TRIP, THE AERO DEPARTMENT'S FLIGHT TRIP, AND THE DEPARTMENT OF ADMISSIONS DIVERSITY RECRUITING PROGRAMS.

Expenses: $66KGrants: $66K

Financials

FY 2023

Revenue

Contributions & grants$423K
Program service revenue—
Investment income$1.3M
Other revenue—
Total revenue$1.7M

Expenses

Grants paid$611K
Salaries & benefits$263K
Fundraising—
Other expenses$84K
Total expenses$958K
Total assets$33.6M
Net assets$33.6M

People

22 listed

NameRoleCompensation

Steve Lorenz

President

Board

$115K

20 hrs/wk

Matthew Byrd

Vice President

Board

—

1 hrs/wk

Robin Rand

Vice Chairman

Board

—

1 hrs/wk

Jason Herman

Finance Committee Chair

Board

—

1 hrs/wk

Kathy Barchick To 42024

Investment Committee Chair

Board

—

1 hrs/wk

Charles Heflebower To 92023

At Large Governing Trustee

Board

—

1 hrs/wk

Leon Johnson

Nominating Committee Chair

Board

—

1 hrs/wk

John Dallager

Compensation Committee Chair

Board

—

1 hrs/wk

Carolyn Benyshek

Scholarship Committee Chair

Board

—

1 hrs/wk

Edward Rice To 42024

Gov & Strat Committee Chair

Board

—

1 hrs/wk

Kate MacIntosh

At Large Governing Trustee

Board

—

1 hrs/wk

Nicholas Wilson

Audit Committee Chair

Board

—

1 hrs/wk

William Looney

At Large Governing Trustee

Board

—

1 hrs/wk

Howie Chandler From 42024

Gov & Strat Committee Chair

Board

—

1 hrs/wk

Eric Holt From 42024

Investment Committee Chair

Board

—

1 hrs/wk

Michael Moeller From 92023

At Large Governing Trustee

Board

—

1 hrs/wk

Janet Wolfenbarger From923

At Large Governing Trustee

Board

—

1 hrs/wk

Dale Meyerrose

Treasurer

Board

—

1 hrs/wk

Rita Jordan

Secretary

Board

—

1 hrs/wk

Jarisse Sanborn

VP and General Counsel

Board

—

1 hrs/wk

William Begert

Chairman

Board

—

1 hrs/wk

Sharon Cooper

Director of Op and Comptroller

Staff

$107K

40 hrs/wk

Grants received

Showing 25 of 25

FromAmountPurposeYear
Association of Graduates of the United States
$31K
GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS
2024
MCCAWLEY-LITTLE SCHOLARSHIP FUND
$27K
SCHOLARSHIPS TO MILITARY ACADEMY
2024
GREYSTONE PREPARATORY SCHOOLS INC
$13K
GENERAL SUPPORT
2024
THE AYCO CHARITABLE FOUNDATION
$8K
MEDICAL / PUBLIC SERVICES
2024
ENTEK FOUNDATION
$1K
SUPPORT OPERATIONS
2024
Air Force Academy Foundation
$68K
See Part IV
2023
GREYSTONE PREPARATORY SCHOOLS INC
$29K
GENERAL SUPPORT
2023
Turtle Effect Foundation
$8K
Scholarships
2023
THE AYCO CHARITABLE FOUNDATION
$6K
MEDICAL / PUBLIC SERVICES
2023
MCCAWLEY-LITTLE SCHOLARSHIP FUND
$38K
SCHOLARSHIPS TO MILITARY ACADEMY
2022
Air Force Academy Foundation
$38K
See Part IV
2022
Association of Graduates of the United States
$33K
To provide private funding to the USAFA to help accomplish its mission of providing an extra margin of excellence for cadets.
2022
THE S WILSON AND GRACE M POLLOCK FOUNDATION
$20K
PUBLIC SUPPORT
2022
Turtle Effect Foundation
$8K
Scholarships
2022
THE MURRELL FOUNDATION
$5K
GENERAL
2022
The Bank of America Charitable Foundation Inc
$50
PROGRAM/OPERATING SUPPORT
2022
Air Force Academy Foundation
$16K
See Part IV
2021
Turtle Effect Foundation
$4K
scholarships
2021
The Bank of America Charitable Foundation Inc
$250
OPERATIONAL SUPPORT
2021
MCCAWLEY-LITTLE SCHOLARSHIP FUND
$40K
SCHOLARSHIPS TO MILITARY ACADEMY
2020
GE FOUNDATION
$600
MATCHING GIFTS
2020
Air Force Academy Foundation
$15K
GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS
2019
Air Force Academy Foundation
$42K
GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS
2018
MCCAWLEY-LITTLE SCHOLARSHIP FUND
$41K
SCHOLARSHIPS TO MILITARY ACADEMY
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$11K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$501K from 12 funders · 25 grants · 2017–2024

Air Force Academy Foundation

$178K · 5 grants · 2018–2023

Mccawley-Little Scholarship Fund

$146K · 4 grants · 2018–2024

Association of Graduates of the United States

$64K · 2 grants · 2022–2024

Greystone Preparatory Schools Inc

$41K · 2 grants · 2023–2024

Turtle Effect Foundation

$20K · 3 grants · 2021–2023

The Ayco Charitable Foundation

$14K · 2 grants · 2023–2024

Details

EIN756016930
NTEE codeB82
Subsection03
Ruling date1959-09
Formed1958
Employees2
Volunteers65
FALCON FOUNDATION — Mission, Financials & Grants Received | Grantivo