Folded Flag Foundation Inc

Organization Overview

Folded Flag Foundation Inc is located in Las Vegas, NV. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Folded Flag Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Folded Flag Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Folded Flag Foundation Inc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.4% each year . All expenses for the organization totaled $3.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST THE FAMILIES OF UNITED STATES MILITARY PERSONNEL WHO HAVE LOST THEIR LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN ITS EIGHTH YEAR OF OPERATIONS, THE FOLDED FLAG FOUNDATION AWARDED 678 SCHOLARSHIPS TO QUALIFYING INDIVIDUALS TOTALING $2,761,382 THROUGHOUT THE UNITED STATES. THE RECIPIENTS OF THE SCHOLARSHIPS FOR THE 2021-2022 SCHOOL YEAR RECEIVED MONEY FOR TUITION AND LIVING EXPENSES RANGING FROM GRADE SCHOOL TO COLLEGE FOR SPOUSES AND CHILDREN OF THE UNITED STATES MILITARY AND GOVERNMENT PERSONNEL WHO HAVE LOST THEIR LIVES AS A RESULT OF HOSTILE ACTION OR IN AN ACCIDENT RELATED TO U.S. COMBAT OPERATIONS. MULTIPLE INDIVIDUALS AND CORPORATIONS HELD SPECIAL EVENTS WHERE PROCEEDS BENEFITED THE FOUNDATION.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Jennifer Ramieh
Chief Operating Officer
$135,000
William P Foley II
Chairman
$0
Fred Schremp
Vice Chairman
$0
Peter Sadowski
Secretary
$0
Bryan Coy
Treasurer
$0
Kim Frank
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,381,623
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,752,382
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,134,005
Total Program Service Revenue$0
Investment income $22,484
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,308,956

Grants Awarded

Over the last fiscal year, Folded Flag Foundation Inc has awarded $152,327 in support to 9 organizations.

Grant RecipientAmount

A SOLDIER'S CHILD FOUNDATION

Org PageRecipient Profile

Murfreesboro, TN

PURPOSE: OPERATIONAL SUPPORT

$50,000

WHITEFISH VETERANS SUPPORT TEAM

Org PageRecipient Profile

Whitefish, MT

PURPOSE: OPERATIONAL SUPPORT

$25,827

SHRINERS HOSPITALS FOR CHILDREN

Org PageRecipient Profile

Tampa, FL

PURPOSE: OPERATIONAL SUPPORT

$15,000

SOUTHERN HIGHLANDS CHARITABLE FOUNDATION

Org PageRecipient Profile

Las Vegas, NV

PURPOSE: OPERATIONAL SUPPORT

$15,000

WINDY25 MEMORIAL FUND

Org PageRecipient Profile

Bend, OR

PURPOSE: OPERATIONAL SUPPORT

$11,500

CAPE FEAR COMMUNITY COLLEGE

PURPOSE: OPERATIONAL SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Folded Flag Foundation Inc has recieved totaling $979,829.

Awarding OrganizationAmount
Foley Family Charitable Foundation

Whitefish, MT

PURPOSE: EDUCATIONAL SUPPORT FOR MILITARY FAMILIES

$500,000
Cedar Street Charitable Foundation Inc

Milwaukee, WI

PURPOSE: GENERAL

$205,000
Vegas Golden Knights Foundation Inc

Las Vegas, NV

PURPOSE: COMMUNITY SUPPORT

$191,842
American Gift Fund

Wilmington, DE

PURPOSE: OPERATIONS

$52,000
Georgia Tennis Foundation Inc

Marietta, GA

PURPOSE: TENNIS DEVELOPMENT

$10,000
Cell Phones For Soldiers Inc

Alpharetta, GA

PURPOSE: GENERAL GRANT DONATION

$10,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or