Totals
- Total revenue
- $4,860,887
- Total expenses
- $6,398,875
- Contributions and grants received
- $4,495,593
- Grants paid
- $6,142,636
- Program service revenue
- $0
- Investment income
- $365,294
- Other revenue
- $0
- Total assets, end of year
- $7,298,136
- Total liabilities, end of year
- $10,441
- Net assets or fund balances, end of year
- $7,287,695
- Program services expenses (Part IX)
- $6,144,309
- Management and general expenses
- $245,084
- Fundraising expenses
- $9,482
- Program service expenses (Part III)
- $6,144,309
Program services were 96.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$3,805,000
-
1f · All other contributions, gifts and grants
$690,593
-
3 · Investment income
total $365,294 · excluded $365,294
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,142,636 · program services $6,142,636
-
5 · Compensation of officers, directors and key employees
total $52,631 · management and general $52,631
-
7 · Other salaries and wages
total $90,622 · management and general $90,622
-
9 · Other employee benefits
total $11,419 · management and general $11,419
-
10 · Payroll taxes
total $15,873 · management and general $15,873
-
11c · Fees: accounting
total $42,041 · management and general $42,041
-
12 · Advertising and promotion
total $6,877 · management and general $6,877
-
13 · Office expenses
total $6,524 · management and general $6,524
-
16 · Occupancy
total $1,440 · management and general $1,440
-
17 · Travel
total $807 · management and general $807
-
23 · Insurance
total $2,411 · management and general $2,411
-
24a · Other expenses: FUNDRAISING
total $9,482 · fundraising $9,482
-
24b · Other expenses: PRINTING
total $4,756 · management and general $4,756
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $3,658 · management and general $3,658
-
24d · Other expenses: BANK FEES
total $2,345 · management and general $2,345
-
24e · All other expenses
total $5,353 · program services $1,673 · management and general $3,680
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $652,319 · end of year $527,213
-
2 · Savings and temporary cash investments
beginning of year $6,668,007 · end of year $1,977,004
-
4 · Accounts receivable
end of year $55,973
-
13 · Investments: program-related
beginning of year $1,282,918 · end of year $4,737,946
-
17 · Accounts payable and accrued expenses
beginning of year $2,622 · end of year $10,441
-
27 · Net assets without donor restrictions
beginning of year $1,925,765 · end of year $2,576,090
-
28 · Net assets with donor restrictions
beginning of year $6,674,857 · end of year $4,711,605
Mission and programs · 2024
Mission
FUNDRAISING ORGANIZATION PROVIDING SCHOLARSHIP FUNDS FOR THE FAMILIES OF SERVICE MEN AND WOMEN KILLED, WOUNDED, AND INJURED WHILE SERVING OUR NATION.
-
THE ORGANIZATION DISTRIBUTES PRIVATE FUNDS RAISED TO DOWNSTREAM NON-PROFITS TO PROVIDE SUPPORT FOR THE MILITARY FAMILIES OF ALL BRANCHES OF THE MILITARY, INCLUDING BUT NOT LIMITED TO FORT LIBERTY, NORTH CAROLINA, FORT CAMPBELL, KENTUCKY; SPECIAL OPERATIONS SOLDIERS, AND OTHER SELECTED WARRIORS. THE ORGANIZATION ALSO RECEIVES FEDERAL AND STATE GRANTS, WHICH ARE AWARDED TO APPROXIMATELY 735 STUDENTS THAT MEET CERTAIN REQUIREMENTS DICTATED BY THE LEGISLATURE THROUGH AN IN-HOUSE APPLICATION PROCESS.
Expenses $6,144,309 · Grants $6,142,636
As filed on the 2024 return.
Listed in Part VII
-
Ferd IrizarryFERD IRIZARRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 20
-
Ed BroyhillED BROYHILL
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Mike PiscetelliMIKE PISCETELLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Whit McCraryWHIT MCCRARY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Bailey VaughanBAILEY VAUGHAN
BOARD MEMBER/TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Chris MorrisCHRIS MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Matt MajuriMATT MAJURI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Kim GilleyKIM GILLEY
EXECUTIVE VICE PRESIDENT
- Total calculated
- $52,631
- From this org
- $52,631
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
EAST CAROLINA UNIVERSITY
$758,800
SCHOLARSHIP FUNDING
-
COASTAL CAROLINA COMMUNITY COLLEGE
$431,800
SCHOLARSHIP FUNDING
-
NORTH CAROLINA STATE UNIVERSITY
$342,600
SCHOLARSHIP FUNDING
-
$339,300
SCHOLARSHIP FUNDING
-
UNIVERSITY OF NC AT GREENSBORO
$330,215
SCHOLARSHIP FUNDING
-
UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE
$261,400
SCHOLARSHIP FUNDING
-
UNIVERSITY OF NC AT WILMINGTON
$243,200
SCHOLARSHIP FUNDING
-
SCHOLARSHIP FUNDING
-
APPALACHIAN STATE UNIVERSITY
$212,600
SCHOLARSHIP FUNDING
-
WESTERN CAROLINA UNIVERSITY
$208,503
SCHOLARSHIP FUNDING
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202501419349300725
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.