Form 990 for tax year 2024
Filed by SPECIAL FORCES SCHOLARSHIP FUND.
Totals
- Total revenue
- $635,370
- Total expenses
- $1,016,564
- Contributions and grants received
- $628,899
- Grants paid
- $1,007,000
- Program service revenue
- $0
- Investment income
- $6,471
- Other revenue
- $0
- Total assets, end of year
- $256,643
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $256,643
- Program services expenses (Part IX)
- $1,007,000
- Management and general expenses
- $9,564
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,007,000
Program services were 99.1% 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.
-
1f · All other contributions, gifts and grants
$628,899
-
3 · Investment income
total $6,471 · excluded $6,471
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,007,000 · program services $1,007,000
-
11c · Fees: accounting
total $3,064 · management and general $3,064
-
11g · Fees: other
total $134 · management and general $134
-
13 · Office expenses
total $511 · management and general $511
-
14 · Information technology
total $4,945 · management and general $4,945
-
23 · Insurance
total $583 · management and general $583
-
24a · Other expenses: LICENSES
total $327 · management and general $327
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $182,892 · end of year $255,227
-
2 · Savings and temporary cash investments
beginning of year $454,945 · end of year $1,416
-
11 · Investments: publicly traded securities
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $433,065 · end of year $255,227
-
28 · Net assets with donor restrictions
beginning of year $204,772 · end of year $1,416
Mission and programs · 2024
Mission
THE PURPOSE OF THE SPECIAL FORCES SCHOLARSHIP FUND (SFSF) IS TO AWARD MERIT BASED POST SECONDARY EDUCATIONAL SCHOLARSHIPS TO THE DAUGHTERS AND SONS OF CURRENT AND VETERAN SPECIAL FORCES SOLDIERS.
-
OUR ONLY PROGRAM SERVICE IS AWARDING SCHOLARSHIPS. IN 2024, OUR 14TH YEAR, WE PARTNERED WITH THE GREEN BERET FOUNDATION PER A MAJOR GIFT AGREEMENT. THE GREEN BERET FOUNDATION DELIVERED ALL SCHOLARSHIP CHECKS TO UNIVERSITIES IN 2024. THE TOTAL AMOUNT AWARDED WAS $1,007,000.
Expenses $1,007,000 · Grants $1,007,000
As filed on the 2024 return.
Listed in Part VII
-
Steve MannellSTEVE MANNELL
DIRECTOR & PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Rick ThomasRICK THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Chris SpenceCHRIS SPENCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Gary BloombergGARY BLOOMBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John LarchJOHN LARCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Vance WalkerVANCE WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Tony MartinTONY MARTIN
HONORARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
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
-
$1,007,000
MERIT BASED POST SECONDARY EDUCATIONAL SCHOLARSHIPS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 April 2025
- IRS schema version
- 2024v5.1
- Source object
- 202521699349301007
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