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FOLDS OF HONOR FOUNDATION

EIN 46-5531485 WAYZATA, MN

Revenue 2024
$1,919,110
Expenses 2024
$2,316,194

Program services were 86.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B12
Classification
2000
Street
PO BOX 723

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).

Group exemption

A subordinate covered by the group exemption of FOLDS OF HONOR FOUNDATION (EIN 75-3240683). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

Mission

THE FOLDS OF HONOR FOUNDATION IS RALLYING A NATION TO ENSURE NO FAMILY IS LEFT BEHIND IN THE FIGHT TO PRESERVE AMERICAN FREEDOM. THROUGH SCHOLARSHIPS AND OTHER ASSISTANCE, WE GIVE BACK TO THE SPOUSES AND CHILDREN OF SOLDIERS KILLED OR DISABLED IN SERVICE TO OUR COUNTRY. WE PROVIDE HEALING, HOPE AND AN OPPORTUNITY FOR DREAMS TO BE REALIZED WITH THE SUPPORT OF PEOPLE LIKE YOU. WE FEEL THIS IS OUR DUTY AS CITIZENS OF THE GREATEST COUNTRY IN THE WORLD.

Activities or mission (Part I)

RAISE FUNDS FOR FOLDS OF HONOR FOUNDATION TO ASSIST FAMILIES OF FALLEN & DISABLED SERVICE MEMBERS AND DEPENDENTS OF FIRST RESPONDERS (PEACE OFFICERS, EMTS, AND FIRE FIGHTERS)

  • THE FOLDS OF HONOR FOUNDATION IS RALLYING A NATION TO ENSURE NO FAMILY IS LEFT BEHIND IN THE FIGHT TO PRESERVE AMERICAN FREEDOM. THROUGH SCHOLARSHIPS AND OTHER ASSISTANCE, WE GIVE BACK TO THE SPOUSES AND CHILDREN OF SOLDIERS KILLED OR DISABLED IN SERVICE TO OUR COUNTRY. WE PROVIDE HEALING, HOPE AND AN OPPORTUNITY FOR DREAMS TO BE REALIZED WITH THE SUPPORT OF PEOPLE LIKE YOU. WE FEEL THIS IS OUR DUTY AS CITIZENS OF THE GREATEST COUNTRY IN THE WORLD.

    Expenses $2,013,226 · Grants $1,571,661 · Revenue $4,628

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • PERRY SCHMIDT

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • BOB CRON

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • KAM KIELHORN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • JOHN POHLAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHRIS SCHWARTZBAUER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • NEAL LOIDOLT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SCOTT NYGAARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LYNN PLASCHKO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MIKE WALLACE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAVID BARBEROT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROGER MALDONADO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MITCH DAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MATT BRUNS

    EXECUTIVE DIRECTOR

    Total calculated
    $170,082
    From this org
    $163,505
    From related orgs
    $0
    Other
    $6,577
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,505
    Bonus
    $0
    Other
    $0
    Deferred
    $6,577
    Nontaxable benefits
    $0
    Filer's total
    $170,082

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,919,110
    Expenses
    $2,316,194
    Contributions
    $1,934,801
    Grants paid
    $1,571,661
  • 2023
    Revenue
    $1,833,794
    Expenses
    $1,818,187
    Contributions
    $1,752,722
    Grants paid
    $1,455,000
  • 2022
    Revenue
    $1,939,387
    Expenses
    $1,804,068
    Contributions
    $2,353,092
    Grants paid
    $1,500,000

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
    $2,044,119
    Expenses
    $1,508,523
    Assets (EOY)
    $1,228,818
  • 2020 · 990

    Revenue
    $976,279
    Expenses
    $956,398
    Assets (EOY)
    $691,603
  • 2019 · 990

    Revenue
    $1,024,060
    Expenses
    $811,039
    Assets (EOY)
    $674,914
  • 2018 · 990

    Revenue
    $673,135
    Expenses
    $643,225
    Assets (EOY)
    $466,713
  • 2017 · 990

    Revenue
    $747,051
    Expenses
    $499,607
    Assets (EOY)
    $439,346
  • 2016 · 990

    Revenue
    $544,050
    Expenses
    $461,463
    Assets (EOY)
    $202,496
  • 2015 · 990

    Revenue
    $490,421
    Expenses
    $418,585
    Assets (EOY)
    $116,040
  • 2014 · 990

    Revenue
    $187,076
    Expenses
    $144,500
    Assets (EOY)
    $46,263

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

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2023 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

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 2024, the newest we have parsed for this organization.