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FOLDS OF HONOR FOUNDATION

EIN 46-2823616 CARMEL, IN

Revenue 2025
$836,714
Expenses 2025
$736,594

Program services were 74.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B12
Classification
1000
Street
4000 W 106TH ST STE 125

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

Folds of Honor is a 501(c)(3) nonprofit organization that provides educational scholarships to the spouses and children of military members who have fallen or been disabled while serving in the United States Armed Forces. Our educational scholarships support private school tuition or tutoring in grades K-12, tuition for college, technical or trade school and post-graduate work, including a masters degree, doctorate, or professional program. Funds for a second bachelors degree or trade/technical program certification are also available. Since its inception in 2007, Folds of Honor has awarded nearly 62,000 scholarships totaling over $290 million in all 50 states. Among the students served, 45 percent are minorities. It is rated a four-star charity by Charity Navigator and Platinum on GuideStar. It was founded by Lt Col Dan Rooney, the only-ever F-16 fighter pilot (with three combat tours in Iraq) and PGA Professional. For more information or to donate in support of a Folds of Honor schol

  • RAISED FUNDS TO PROVIDE SCHOLARSHIPS TO THE FAMILIES OF FALLEN OR DISABLED VETERANS AND FIRST RESPONDERS

    Expenses $550,000 · Grants $550,000

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Michael Daggett

    President

    Total calculated
    $0
    Hours/week
    4

  • Steve Bishop

    Vice President

    Total calculated
    $0
    Hours/week
    4

  • Scott Kasmer

    Executive Dir.

    Total calculated
    $0
    Hours/week
    4

  • Jacob Brown

    Secretary

    Total calculated
    $0
    Hours/week
    4

  • Zach Porter

    Treasurer

    Total calculated
    $0
    Hours/week
    4

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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $836,714
    Expenses
    $736,594
    Contributions
    $766,798
    Grants paid
    $550,000
  • 2024
    Revenue
    $413,788
    Expenses
    $348,543
    Contributions
    $553,706
    Grants paid
    $308,000
  • 2023
    Revenue
    $453,960
    Expenses
    $441,446
    Contributions
    $550,774
    Grants paid
    $364,030
  • 2022
    Revenue
    $1,311,054
    Expenses
    $278,621
    Contributions
    $1,418,465
    Grants paid
    $250,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $229,720
    Expenses
    $170,438
    Assets (EOY)
    $74,478

  • 2020 · 990

    Revenue
    $225,384
    Expenses
    $221,559
    Assets (EOY)
    $15,196

  • 2019 · 990-EZ

    Revenue
    $58,379
    Expenses
    $54,327
    Assets (EOY)
    $11,371

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

  • Folds of Honor Foundation

    $550,000

    2025

  • FOLDS OF HONOR

    $364,030

    2023 PROVIDE 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

  • FOLDS OF HONOR

    $308,000

    2024 PROVIDE 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

  • FOLDS OF HONOR

    $250,000

    2022 PROVIDE 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

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

  • Exemption revoked 15 May 2018, reinstated 15 May 2018.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.