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Education : Scholarship and Financial Support (Grantmaking)

Folds of Honor

Honor their sacrifice. Educate their legacy.

three stars

88.29

5800 North Patriot Drive Owasso, OK 74055
tel: (918) 274-4700   Web Site
EIN: 75-3240683

Board Leadership
Steve Haworth
Chairman

CEO
Dan Rooney
CEO, Founder

  Score
(out of 100)
Rating
Overall Score & Rating 88.29 three stars
  Financial 85.00 three stars
  Accountability & Transparency 93.00 four stars
This rating was published 12/01/2017 and includes data from FY2015, the most recent 990 received at that time.

Since 2007, the Folds of Honor has carried forth this singular, noble mission: to provide educational scholarships to spouses and children of America's fallen and disabled service-members.

Since 2007, the Folds of Honor has carried forth this singular, noble mission: to provide educational scholarships to spouses and children of America's fallen and disabled service-members.

Financial

three stars

85.00

Accountability & Transparency

four stars

93.00

This rating was published 12/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
85.8%
  Administrative Expenses 4.5%
  Fundraising Expenses 9.6%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.42
  Program Expenses Growth 15.7%
  Liabilities to Assets 50.8%
All data for Financial Performance Metrics calculations was provided by Folds of Honor on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Folds of Honor on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Folds of Honor (OK) 88.29 three stars
Horatio Alger Association of Distinguished Americans (VA) 92.26 four stars
Thurgood Marshall College Fund (DC) 94.69 four stars
Catholic Schools Foundation (MA) 95.01 four stars
Jackie Robinson Foundation (NY) 85.19 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $17,884,483
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $53,630
   Related Organizations $0
   Government Grants $0
Total Contributions $17,938,113
   Program Service Revenue $0
Total Primary Revenue $17,938,113
   Other Revenue $-238,639
TOTAL REVENUE $17,699,474
   
EXPENSES  
   Program Expenses $13,167,545
   Administrative Expenses $679,619
   Fundraising Expenses $757,309
TOTAL FUNCTIONAL EXPENSES $14,604,473
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,095,001
   
Net Assets $5,362,076

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarships $13,167,545 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 12/01/2017 88.29 three stars
2015-12 10/01/2017 86.84 three stars
2015-12 07/01/2017 82.88 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 75-3240683
Name in IRS Master File FOLDS OF HONOR FOUNDATION
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Central - the organization is a parent (group ruling) and is not a church or 501(c)(1) organization.
Group Name [Not Applicable]
Ruling Date October, 2016
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$208,835 1.42% Dan Rooney CEO & Founder

Highly Rated

Charity Name & State Overall Score Overall Rating
Folds of Honor (OK) 88.29 three stars
National Medical Fellowships (NY) 91.45 four stars
District of Columbia College Access Program (DC) 88.14 three stars
Alliance for Education (WA) 90.99 four stars
Take Stock in Children Palm Beach County (FL) 92.15 four stars

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Charity Contact Info

Folds of Honor
5800 North Patriot Drive
Owasso, OK 74055
tel: (918) 274-4700
EIN: 75-3240683

Visit Web Site

Board Leadership

Steve Haworth
Chairman

CEO

Dan Rooney
CEO, Founder

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