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← FOLDS OF HONOR FOUNDATION

Form 990 for tax year 2025

Filed by FOLDS OF HONOR FOUNDATION.

Totals

Total revenue
$254,608
Total expenses
$231,510
Contributions and grants received
$254,483
Grants paid
$220,921
Program service revenue
$0
Investment income
$125
Other revenue
$0
Total assets, end of year
$37,679
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$37,679
Program services expenses (Part IX)
$220,921
Management and general expenses
$8,213
Fundraising expenses
$2,376
Program service expenses (Part III)
$220,921

Program services were 95.4% 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

    $175,057

  • 1f · All other contributions, gifts and grants

    $79,426

  • 3 · Investment income

    total $125 · excluded $125

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $75,637

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

    $175,057

  • 8b · Fundraising events: direct expenses

    $75,637

  • 8c · Net income from fundraising events

    total $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $220,921 · program services $220,921

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $1,487 · management and general $1,487

  • 12 · Advertising and promotion

    total $35 · management and general $35

  • 13 · Office expenses

    total $5,288 · management and general $2,912 · fundraising $2,376

  • 14 · Information technology

    total $2,375 · management and general $2,375

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $365 · management and general $365

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $1,039 · management and general $1,039

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,931 · end of year $37,432

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $650 · end of year $247

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $14,581 · end of year $37,679

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2025

Mission

TO PROVIDE FINANCIAL ASSISTANCE FOR THE EDUCATION OF SPOUSES AND DEPENDENT CHILDREN OF SERVICE MEN/WOMEN WHO ARE EITHER KILLED OR PERMANENTLY DISABLED WHILE SERVING OUR NATION.

  • FOLDS OF HONOR, EASTERN NORTH CAROLINA CHAPTER, PROVIDES THE NATIONAL ORGANIZATION WITH GRANT FUNDS THAT PROVIDE RECIPIENTS WITH HIGHER EDUCATION SCHOLARSHIPS AND CHILDREN'S FUND SCHOLARSHIPS FOR SPOUSES AND DEPENDENTS FOR 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 EDUCATIONAL EXPENSES.

    Expenses $220,921 · Grants $220,921

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Don Fricke

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • John S REDDERSEN

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Keith Brokke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rick Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Stephen Neal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Reddersen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Keith Woedy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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
2025
Filed
19 March 2026
IRS schema version
2025v4.0
Source object
202630899349300768

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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