Skip to content
Nonprofiteer
← FOLDS OF HONOR FOUNDATION

Form 990 for tax year 2024

Filed by FOLDS OF HONOR FOUNDATION.

Totals

Total revenue
$675,418
Total expenses
$657,358
Contributions and grants received
$675,360
Grants paid
$530,000
Program service revenue
$0
Investment income
$58
Other revenue
$0
Total assets, end of year
$83,148
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$83,148
Program services expenses (Part IX)
$530,000
Management and general expenses
$46,202
Fundraising expenses
$81,156
Program service expenses (Part III)
$530,000

Program services were 80.6% 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.

  • 1c · Fundraising events

    $642,037

  • 1f · All other contributions, gifts and grants

    $33,323

  • 3 · Investment income

    total $58 · unrelated business $58

  • 8a · Fundraising events: contributions included on line 1c

    $642,037

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $530,000 · program services $530,000

  • 11g · Fees: other

    total $29,729 · management and general $29,729

  • 12 · Advertising and promotion

    total $1,050 · fundraising $1,050

  • 13 · Office expenses

    total $13,250 · management and general $13,250

  • 14 · Information technology

    total $2,200 · management and general $2,200

  • 23 · Insurance

    total $1,023 · management and general $1,023

  • 24a · Other expenses: Patriot Cup

    total $39,273 · fundraising $39,273

  • 24b · Other expenses: EVENT SHARED COST

    total $6,240 · fundraising $6,240

  • 24c · Other expenses: NEW ALBANY CC EVENT

    total $23,892 · fundraising $23,892

  • 24e · All other expenses

    total $10,701 · fundraising $10,701

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $36,213 · end of year $65,902

  • 15 · Other assets

    beginning of year $28,875 · end of year $17,246

  • 27 · Net assets without donor restrictions

    beginning of year $65,088 · end of year $83,148

Mission and programs · 2024

Mission

To fund educational scholarships for the dependents of fallen and disabled active duty military service members and first responders.

  • Folds of Honor, Central Ohio Chapter provided the national organization with grant funds that provided recipients with higher education scholarships and 5 childrens fund scholarships for spouses and dependents of service members who were killed in action, killed in the line of duty or suffered the loss of a limb; died of any cause while on active duty or after being classified as having a service-connected disability. Scholarships are used to subsidize the costs of tuition, school books, fees on campus room and board, approved educational tutoring, and other approved educationcal expenses.

    Expenses $530,000 · Grants $530,000

As filed on the 2024 return.

Listed in Part VII

  • Scott Alexander

    Director

    Total calculated
    $0
    Hours/week
    3

  • Bruce Lancia

    President

    Total calculated
    $0
    Hours/week
    18

  • Sean Donnelly

    Vice President

    Total calculated
    $0
    Hours/week
    5

  • Bonnie Gramary

    Director

    Total calculated
    $0
    Hours/week
    3

  • Makayla MINYO

    Secretary

    Total calculated
    $0
    Hours/week
    3

  • Michael Stills

    Director

    Total calculated
    $0
    Hours/week
    3

  • Jack Risher

    Director

    Total calculated
    $0
    Hours/week
    3

  • Brent Black

    Director

    Total calculated
    $0
    Hours/week
    3

  • Adam Augspurger

    Director

    Total calculated
    $0
    Hours/week
    3

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

Provenance

Return type
form_990
Tax year
2024
Filed
15 April 2025
IRS schema version
2024v5.1
Source object
202501349349304085

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.