Thanks USA

aka ThanksUSA   |   McLean, VA   |  www.ThanksUSA.org

Mission

ThanksUSA is a 501(c)(3) organization that provides need-based scholarships and pathways to employment for children and spouses of our military, with special emphasis given to those who lost a loved one in service to America. ThanksUSA’s scholarship program provides life-changing opportunities for the spouses and children of our troops who require financial assistance towards higher education, while increasing the chances for success in their personal and professional lives.

Ruling year info

2006

Chairman

Mr. Robert Okun

Main address

1390 Chain Bridge Road, #260

McLean, VA 22101 USA

Show more contact info

EIN

20-3973151

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Our American military families make great sacrifices in the shadow of a military career. With modest pay, they share the same dreams that we all have—to provide their families with a better life through educational and career opportunities. For many military families this dream has become more daunting with the ever-increasing cost of education and high rate of military spouse unemployment.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Scholarship Program

ThanksUSA's Scholarship Program provides need-based college, technical and vocational school scholarships for children and spouses of our military. Since 2006, ThanksUSA has awarded 4,700 scholarships valued at more than $15 million to recipients from all 50 states and representing every branch of the military.

Population(s) Served

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Since its inception, ThanksUSA has been able to meet only a fraction of the demand, awarding need-based scholarships to just 10 to 15 percent of our applicant pool each year. ThanksUSA's primary goal is to increase the number of scholarships awarded each year to further expand the national breadth of the ThanksUSA scholarship program.

With more than 2,400 scholarship applications processed this past summer, we continue to be amazed by our growing community. To meet the evolving needs of our scholars, we launched the Pathways for Patriots program to help bridge the gap between higher education and meaningful employment. In collaboration with our corporate partners, we act as a catalyst for career development opportunities that reveal military family members’ unique skillsets while alleviating their common challenges.

The Pathways for Patriots program will engage corporations from specific industries (i.e., STEM, Public Service, Healthcare, Hospitality, Financial Services, Manufacturing, and Energy) to create pipelines of military spouses and children interested in pursuing post-secondary degrees, certifications, and ultimately careers in hard-to-fill occupations through networking, internships, and employee engagement.

ThanksUSA also continues to partner with other organizations to spread the word about its military family scholarship program, and holds fundraising events throughout the year to raise money and spread awareness about ThanksUSA's mission.

Supporters of ThanksUSA can be confident that their funds will be used effectively. Our fiscal responsibility, financial transparency, strong governance, and average expense ratio of only 10 percent serve as an excellent measurement of integrity, financial health, and operational stability. Since 2006, ThanksUSA has awarded 4,500 scholarships valued at more than $14 million.

ThanksUSA has an exceptional and diverse Board of Directors and Advisory Council, represented by our military's most senior service members and spouses. Nearly one-third of our governing-body members are women or minorities. Through its Congressional Advisory Board, ThanksUSA also has the support of more than 125 Members of Congress. See www.ThanksUSA.org/governance for more information.

ThanksUSA has established a broad need-based audience of military spouses and children who are benefiting from the financial assistance of an educational scholarship. We have scholars around the country who are representatives of our mission and who will continue to positively impact their own communities. We hope to provide this service to more of the worthy applicants and continue to acknowledge and thank our service members and their families. We also plan to establish a full alumni database in order to better track our progress and to include more individuals in the fulfillment of our mission.

Financials

Thanks USA
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Thanks USA

Board of directors
as of 12/2/2019
SOURCE: Self-reported by organization
Board chair

Honorable Robert Okun

Robert Okun

The O Team

Carolyn Ferek

Franklin Sherman Elementary School

Patricia St. George

KPMG

Stephen Baskin

Mayer Brown

Rhett Butler

Intelligent Decisions

George Casey

USA (Ret.)

Jack Catton

Boeing

John Coffey

Kramer Levin Naftalis & Frankel LLP

Andrew Don

National Rural Utilities Cooperative Finance Corporation

Ann Dunwoody

USA (Ret.)

Alex Ehrlich

Morgan Stanley

Frank Fahrenkopf

American Gaming Association (AGA)

Timothy Gillis

KPMG

Normand Lezy

USAF (Ret.)

Laura Odell

KPMG

Deanna Okun

Adduci, Mastriani & Schaumberg

Rachel Okun

Russ Owen

Computer Sciences Corp (CSC)

Hawthorne Proctor

Proctor & Boone LLC

Win Sheridan

Apex Systems, Inc.

Peter Thoren

Access Industries

Jon "Lanier" Ward

USA (Ret.)

Kelsi Okun

Elizabeth Frazee

TwinLogic Strategies

Felicia Dellanini

Red Cloud Food Services

Bonnie Amos

Lily Becker

Orrick, Herrington, and Sutcliffe

Lawrance Duncan

Lockheed Martin

Jessica Marventano

iHeartMedia

Terence McKnight

USN (Ret)

Deborah Mullen

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes