NonprofitsFolded Flag Foundation Inc

Public & Societal Benefit

Folded Flag Foundation Inc

LAS VEGAS, NV

Total revenue

$4.7M

Total expenses

$5.5M

Net assets

$11.0M

Grants received

$7.6M

108 grants

EIN

465371845

Tax year

2024

Mission

To assist the families of united states military personnel who have lost their lives.

Financials

FY 2024

Revenue

Contributions & grants$3.6M
Program service revenue
Investment income$459K
Other revenue$655K
Total revenue$4.7M

Expenses

Grants paid$4.5M
Salaries & benefits$322K
Fundraising$558K
Other expenses$591K
Total expenses$5.5M
Total assets$11.0M
Net assets$11.0M

People

21 listed

NameRoleCompensation

WILLIAM P FOLEY II

CHAIRMAN

Board

2 hrs/wk

FRED SCHREMP

VICE CHAIRMAN

Board

8 hrs/wk

PETER SADOWSKI

SECRETARY

Board

2 hrs/wk

BRYAN COY

TREASURER

Board

2 hrs/wk

PETER BRUAL

TRUSTEE

Board

2 hrs/wk

MICHELLE KERSCH

TRUSTEE

Board

2 hrs/wk

MICHAEL OATES

TRUSTEE

Board

2 hrs/wk

RANDALL M PAIS

TRUSTEE

Board

2 hrs/wk

THOMAS A SCHWARTZ

TRUSTEE

Board

2 hrs/wk

MICHAEL W SHELTON

TRUSTEE

Board

2 hrs/wk

MEGAN ORTIZ

TRUSTEE

Board

2 hrs/wk

CHRIS AZUR

TRUSTEE

Board

2 hrs/wk

FRANK R MARTIRE

TRUSTEE

Board

2 hrs/wk

PHIL DISMUKES

TRUSTEE

Board

2 hrs/wk

ANTHONY JABBOUR

TRUSTEE

Board

2 hrs/wk

PAUL KERN

TRUSTEE

Board

2 hrs/wk

KIRK LARSEN

TRUSTEE

Board

2 hrs/wk

JAMES WOODALL

TRUSTEE

Board

2 hrs/wk

CRAIG BARBER

TRUSTEE

Board

2 hrs/wk

ERIKA MEINHARDT

TRUSTEE

Board

2 hrs/wk

KIM FRANK

PRESIDENT

Board

30 hrs/wk

Independent contractors

CORE Z OPERATIONS DBA ZIEGFELD BALLROOM

RENTAL OF GALA SPACE

$116K

Grants received

Showing 108 of 108

FromAmountPurposeYear
$175K
EDUCATIONAL ASSISTANCE
2024
$119K
COMMUNITY SUPPORT
2024
$65K
UNRESTRICTED GENERAL SUPPORT
2024
$50K
GENERAL SUPPORT
2024
$50K
To supportFoundation activities
2024
$25K
CHARITABLE
2024
$10K
GENERAL PURPOSES
2024
$10K
IN SUPPORT OF THE "SALUTE TO SERVICE" GALA.
2024
$10K
COMMUNITY & HUMAN SERVICES
2024
$3K
TO HELP ORGANIZATION WITH ITS CHARITABLE MISSION
2024
$2K
UNRESTRICTED
2024
$250K
EDUCATIONAL ASSISTANCE
2023
$250K
EDUCATIONAL SUPPORT FOR MILITARY FAMILIES
2023
$185K
For grant recipient's exempt purposes
2023
$148K
COMMUNITY SUPPORT
2023
$125K
PROGRAM SUPPORT
2023
$100K
general support
2023
$50K
PUBLIC, SOCIETAL BENEFIT
2023
$40K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2023
$25K
GENERAL PURPOSES
2023
$25K
Annual Gold Star Family Educational Funding
2023
$20K
TO ASSIST THE FAMILIES OF UNITED STATES MILITARY PERSONNEL WHO HAVE LOST THEIR LIVES
2023
$15K
Charitable
2023
$10K
GENERAL CHARITABLE
2023
$10K
DISCRETIONARY
2023
$10K
SALUTE TO SERVICE GALA - RECEPTION SPONSOR
2023
$3K
Program Support
2023
$367K
COMMUNITY SUPPORT
2022
$250K
EDUCATIONAL ASSISTANCE
2022
$250K
EDUCATIONAL SUPPORT FOR MILITARY FAMILIES
2022
$186K
For grant recipient's exempt purposes
2022
$150K
GENERAL CONTRIBUTION
2022
$125K
PROGRAM SUPPORT
2022
$88K
SUPPORT TO THE SPOUSES AND CHILDREN OF VETS WHO DI
2022
$80K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2022
$50K
UNRESTRICTED
2022
$25K
GENERAL CHARITABLE
2022
$25K
Gold Star Family Scholarship Program
2022
$25K
PUBLIC, SOCIETAL BENEFIT
2022
$15K
UNRESTRICTED GENERAL SUPPORT
2022
$3K
Program Support
2022
$3K
GENERAL CONTRIBUTION
2022
$2K
NON RESTRICTIVE
2022
$1K
CHARITABLE PURPOSES
2022
$192K
COMMUNITY SUPPORT
2021
$85K
For grant recipient's exempt purposes
2021
$85K
For grant recipient's exempt purposes
2021
$50K
SCHOLARSHIPS
2021
$25K
SUPPORT SCHOLARSHIPS TO THE CHILDREN OF DECEASED US MILITARY AND GOVERNMENT PERSONNEL
2021
$10K
TENNIS DEVELOPMENT
2021
$6K
UNRESTRICTED
2021
$1.3M
EDUCATIONAL SUPPORT FOR MILITARY FAMILIES
2020
$150K
GENERAL CONTRIBUTION
2020
$138K
COMMUNITY SUPPORT
2020
$125K
PROGRAM SUPPORT
2020
$70K
For grant recipient's exempt purposes
2020
$50K
EDUCATIONAL SCHOLARSHIPS AND SUPPORT
2020
$30K
SCHOLARSHIPS & FINANCIAL AID
2020
$25K
VETERAN FAMILY AID
2020
$10K
Unrestricted
2020
$5K
PUBLIC, SOCIETAL BENEFIT
2020
$5K
TO ASSIST THE FAMILIES OF UNITED STATES MILITARY PERSONNEL WHO HAVE LOST THEIR LIVES
2020
$5K
Scholarship
2020
$1K
TO CONTRIBUTE TO EDUCATIONAL SCHOLARSHIPS AND GRANTS FOR FAMILIES OF FALLEN SERVICEMEN
2020
$50
GENERAL CHARITABLE
2020
$52K
For grant recipient's exempt purposes
2019
$30K
General Support
2019
$30K
SCHOLARSHIPS & FINANCIAL AID
2019
$15K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2019
$13K
FOR GENERAL SUPPORT
2019
$25K
General Support
2018
$25K
UNRESTRICTED GENERAL
2018
$20K
SUPPORT FOR FAMILIES OF FALLEN MILITARY
2018
$17K
For grant recipient's exempt purposes
2018
$10K
Unrestricted
2018
$10K
EDUCATIONAL SCHOLARSHIPS FOR FAMILIES OF DECEASED US MILITARY PERSONNEL
2018
$3K
FUNDING FOR GENERAL OPERATIONS OF THE CHARITY
2018
$771
PROGRAM/OPERATING SUPPORT
2018
$50
PROGRAM/OPERATING SUPPORT
2018
$25K
Community Health
2017
$15K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$7.6M from 58 funders · 108 grants · 2017–2024

The Foley Family Charitable Foundation

$2.3M · 4 grants · 2018–2023

Vegas Golden Knights Foundation Inc

$963K · 5 grants · 2020–2024

Cedar Street Charitable Foundation Inc

$803K · 7 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$694K · 8 grants · 2017–2023

Johnny Mac Soldiers Fund Inc

$675K · 3 grants · 2022–2024

Engelstad Family Foundation

$375K · 3 grants · 2020–2023

Fis Foundation Inc

$300K · 2 grants · 2020–2022

The Goldman Sachs Charitable Gift Fund

$195K · 5 grants · 2019–2023

Details

EIN465371845
NTEE codeW99
Subsection03
Ruling date2014-07
Formed2014
Employees4
Volunteers0
FOLDED FLAG FOUNDATION INC — Mission, Financials & Grants Received | Grantivo