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Education : Scholarship and Financial Support (Grantmaking)

Folds of Honor

Honor their sacrifice. Educate their legacy.

98.23

Department #13 Tulsa, OK 74182
tel: (918) 274-4700   Web Site
EIN: 75-3240683

Board Leadership
Mike Arbour
Chairman

CEO
Dan Rooney
CEO, Founder

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 98.23
  Financial 97.50
  Accountability & Transparency 100.00
This rating was published 06/01/2021 and includes data from FY2019, 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

97.50

Accountability & Transparency

100.00

This rating was published 06/01/2021 and includes data from FY2019, 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)
90.5%
  Administrative Expenses 4.6%
  Fundraising Expenses 4.8%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 1.55
  Program Expenses Growth 23.4%
  Liabilities to Assets 15.2%
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) 98.23
American Technion Society (NY) 88.82
Page Education Foundation (MN) 93.74
The Francis Ouimet Scholarship Fund (MA) 91.74
Institute for Educational Advancement (CA) 86.84

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $34,658,546
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $236,155
   Related Organizations $0
   Government Grants $0
Total Contributions $34,894,701
   Program Service Revenue $0
Total Primary Revenue $34,894,701
   Other Revenue $174,870
TOTAL REVENUE $35,069,571
   
EXPENSES  
   Program Expenses $22,143,841
   Administrative Expenses $1,213,910
   Fundraising Expenses $1,191,866
TOTAL FUNCTIONAL EXPENSES $24,549,617
   
Payments to Affiliates $0
Excess (or Deficit) for the year $10,519,954
   
Net Assets $35,158,891

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 $22,143,841 100.0%

Ratings History
Folds of Honor has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 06/01/2021 98.23
2018-12 04/01/2020 98.23
2017-12 04/01/2019 97.17
2016-12 05/01/2018 98.23
2015-12 12/01/2017 88.29
2015-12 10/01/2017 86.84
2015-12 07/01/2017 82.88

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, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$354,179 1.44% Dan Rooney CEO & Founder

Highly Rated

Charity Name & State Overall Score Overall Rating
Folds of Honor (OK) 98.23
Burger King McLamore Foundation (FL) 89.26
Horatio Alger Association of Distinguished Americans (VA) 90.98
Children's Scholarship Fund (NY) 95.34
Point Foundation (CA) 88.10

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Folds of Honor
Department #13
Tulsa, OK 74182
tel: (918) 274-4700
EIN: 75-3240683

Visit Web Site

Board Leadership

Mike Arbour
Chairman

CEO

Dan Rooney
CEO, Founder

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