Mission
Our Mission is to provide scholarships and educational support grants to the spouses and children of the United States military and government personnel who died as a result of hostile action or in an accident related to U.S. combat operations.
Ruling year
2014
President
Kim Frank
Vice Chairman
Fred Schremp
Main address
1550 S. Pavilion Center Drive
Las Vegas, NV 89135 USA
EIN
46-5371845
NTEE code
Public, Society Benefit - Multipurpose and Other N.E.C. (W99)
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
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Communication
Programs and results
What we aim to solve
As recently as 2003, the benefit paid to eligible survivors of military personnel killed in the line of duty was a one-time payment of only $6,000. Since then, the death benefit has been raised. But despite the increase, the current death benefit is often unable to provide the necessary support to Gold Star family members. The Folded Flag Foundation provides educational scholarships and support grants to close the gap for the families to ensure they receive a quality education. We provide scholarships to children up to age 26 and the spouses.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Educational Scholarships & Grants
THE RECIPIENTS OF SCHOLARSHIPS RECEIVE MONEY FOR TUITION AND LIVING EXPENSES RANGING FROM GRADE SCHOOL TO COLLEGE FOR SPOUSES AND CHILDREN OF THE UNITED STATES MILITARY AND GOVERNMENT PERSONNEL WHO HAVE LOST THEIR LIVES AS A RESULT OF HOSTILE ACTION. THE SCHOLARSHIPS AWARDED BENEFIT INDIVIDUALS ACROSS THE US.
Where we work
External reviews
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Average grant amount
This metric is no longer tracked.Totals By Year
Related Program
Educational Scholarships & Grants
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Total dollar amount of grants awarded
This metric is no longer tracked.Totals By Year
Related Program
Educational Scholarships & Grants
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Total number of grants awarded
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
These are the number of scholarships awarded to Gold Star families.
Number of volunteers
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
The Folded Flag Foundation was formed as a non-profit organization that relies on public donations to help supplement the current death benefits available to the dependents of United States military personnel and other government employees while deployed in combat. The Foundation is strongly committed to honoring these Military Fallen Heroes by aiding the families with financial support for continued education.
What are the organization's key strategies for making this happen?
Through an extensive network of corporate sponsors, a passionate board and volunteers, the Foundation raises funds through general fundraising efforts and special events. Corporate sponsors Black Knight Financial Services and ServiceLink underwrite all administrative costs, enabling 100% of ALL donations to go directly to the qualifying families.
What are the organization's capabilities for doing this?
Through an extensive network of corporate sponsors, a passionate board and volunteers, the Foundation raises funds through general fundraising efforts and special events. Corporate sponsors Black Knight Financial Services and ServiceLink underwrite all administrative costs, enabling 100% of ALL donations to go directly to the qualifying families.
What have they accomplished so far and what's next?
For the 2020-2021 school year, we provided 358 scholarships worth just over $1.5M. We are expanding our outreach efforts to reach more Gold Star families with a goal of 800 applications with 10% of those being first time applicants.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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Who are the people you serve with your mission?
We serve Gold Star spouses and children by providing educational scholarships and support grants. We conduct an annual survey with our recipients to ensure customer satisfaction and look for areas to improve.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We ask the people who gave us feedback how well they think we responded
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What challenges does the organization face when collecting feedback?
It is difficult to get the people we serve to respond to requests for feedback
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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Connect with nonprofit leaders
SubscribeBuild relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.
- 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.
FOLDED FLAG FOUNDATION INC
Board of directorsas of 02/22/2022
William Foley
Fidelity National Financial
Term: 2014 - 2023
Peter Sadowski
Thomas A. Schwartz
Michael W. Shelton
Randall M. Pais
Peter Brual
Michael P. Oates
James B. Stallings
Chris Azur
Frank R Martire
Thomas J Sanzone
Fred Schremp
Bryan Coy
Kim Frank
Craig Barber
Phil Dismukes
Anthony Jabbour
James Woodall
Mike Oates
Paul Kern
Michelle Kersch
Kirk Larsen
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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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? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
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? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
The organization's co-leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 10/07/2021GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We review compensation data across the organization (and by staff levels) to identify disparities by race.
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