Green Beret Foundation
Trust. Strength. Direction.
Learn how to support this organization
Green Beret Foundation
EIN: 27-1206961
as of November 2025
as of November 14, 2025
Mission
The Green Beret Foundation provides all generations of US Army Special Forces Soldiers and their families with emergency and ongoing support.
Ruling year
2010
President & CEO
Mr. Charles Iacono
Main address
15618 Summit Park Drive Suite 801
Montgomery, TX 77356 USA
EIN
27-1206961
Human services
Health
Population served
People with disabilities
Military personnel
Veterans
Families
Caregivers
NTEE code
Military/Veterans" Organizations (W30)
Health - General and Rehabilitative N.E.C. (E99)
(Noneon)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
The Green Beret Foundation (GBF) serves the Army’s Special Forces, our nation’s most elite soldiers, by connecting them with the resources they need to succeed in the mission ahead. We support Green Berets throughout their military careers and beyond, through programs and services specifically designed for the Green Beret’s training and mindset. We also offer valuable assistance to Green Beret families including help with transitioning to life after service, in whatever ways are needed.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Casualty Support
This program provides immediate assistance to Special Forces soldiers when they are wounded or injured in while deployed or in training simulating combat. It helps them focus on what’s most important—being their support system and healing while reducing the impact of the initial shock. This program includes:
• $2,500 check is issued immediately upon notification to cover unexpected expenses.
• GORUCK backpack of essential gear is sent immediately to make the hospital stay more comfortable.
• Collaboration with US Special Operations Command (USSOCOM) Care Coordinators to facilitate a smooth
rehabilitation process and transition back to active duty or to civilian life.
• Shipping a personal vehicle to the military treatment facility, if required.
Health & Wellness Support
This program provides the strength of long-term or ongoing support for Special Forces soldiers as they manage injuries and conditions that have resulted from their service. The goal of this program is to ensure that their mind, body, and spirit are healthy by supplementing the care they receive through the Military Health System and the Veterans Health Administration. Examples include:
● Addiction treatment, stellate ganglion block, ketamine infusion therapy, and magnetic resonance therapy (MeRT)
● Financial support for adaptive and therapeutic medical equipment such as specialized braces, stimulation machines, compression systems for injuries, chair lifts, specialized wheelchairs, or medical supplies not covered by insurance.
● Travel and lodging costs for treatments and/or fitting of medical devices
Transition Support
The Green Beret Foundation recognizes that transition does not just happen at the time of retirement or separation from the military, and that transitions are family events impacting more than just the service member/veteran. The Transition Support Program provides Green Beret soldiers and their families with unique tools and resources to navigate all life events. This program includes:
● Next Ridgeline© social media network for access to career opportunities, educational and professional development opportunities, health and wellness and family support resources, and peer support.
● Bennie Adkins Scholarship for Green Berets pursuing educational and professional development
● Pre-transition military to civilian transition briefings addressing the VA disability claims process
● Next Ridgeline 2.0 guided military to civilian transition cohorts
● Access to GBF's VA accredited Veteran Services Officers to prepare, file, and appeal original or updated VA disability claims.
Family Support
The family of a Special Forces soldier is their first and most important support, and so it’s critical that the Green Beret Foundation provides trust, strength, and services to meet the needs of the entire family. These programs provide direct assistance for the spouses and children of Special Forces soldiers as they navigate the challenges of training, deployments, and life after the military that are not available by other means. These programs include:
• Healthcare and financial support for spouses and children suffering from conditions not covered by the
DOD/VA, including cancer, medical devices, childcare, therapies and retreats, and meal trains.
• Special Forces Scholarship Fund for children of current and former Green Berets pursuing higher education
• Athena Scholarship for spouses of current and former Green Berets pursuing higher education
• Athena Grant for spouses of current and former Green Berets pursuing professional development through licensure/certification
Gold Star and Surviving Families Support
The Green Beret Foundation is dedicated to caring for our Gold Star and Surviving Families as they are revered members of our community. The final sacrifice of their Green Berets cause us to pause, reflect and give thanks for the freedoms we hold so dear. Our mission is to help the family navigate their difficult journey, give them the tools they need, and empower them to take control of their future. This program includes:
● Awareness and advocacy of DOD or VA benefits and entitlements and financial assistance when gaps are
identified.
● Coordination with the assigned Casualty Assistance Officer, when applicable, to provide necessary support
in a manner that reduces mental strain and duplicative efforts for the surviving family.
● Support for spouses, children, parents, and/or siblings with access to and financial assistance with
therapies, retreats, and meal trains not covered by DOD or VA.
Where we work
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Global
Awards
Top Rated 2018
Great Nonprofits
4-Star Charity 2020
Charity Navigator
4-Star Charity 2021
Charity Navigator
Top Rated 2019
Great Nonprofits
Top Rated 2020
Great Nonprofits
Top Rated 2021
Great Nonprofits
Top Rated 2022
Great Nonprofits
4-Star Charity 2022
Charity Navigator
4-Star Charity 2023
Charity Navigator
Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of families who have received Family Support
This metric is no longer tracked.Totals By Year
Population(s) Served
Military personnel, Veterans, Caregivers, Families, Adolescent parents
Related Program
Family Support
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of families of who have received Casualty Support
This metric is no longer tracked.Totals By Year
Population(s) Served
Military personnel
Related Program
Casualty Support
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of Green Berets of who have received Health & Wellness Support
This metric is no longer tracked.Totals By Year
Population(s) Served
Military personnel, Veterans
Related Program
Health & Wellness Support
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of Green Berets of who have received Transition Support
This metric is no longer tracked.Totals By Year
Population(s) Served
Military personnel, Veterans
Related Program
Transition Support
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of Green Beret families assisted since inception
This metric is no longer tracked.Totals By Year
Population(s) Served
Military personnel, Veterans, Caregivers, Families
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
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 Green Beret Foundation serves the U.S. Army's Special Forces, our nation's most elite soldiers, by connecting them with the resources they need to succeed in the mission ahead.
We believe Green Berets are our nation's greatest assets. Every day, we honor our commitment to Green Berets past and present, as well as their families, by connecting them with the right resources to prosper and thrive. When these soldiers—these powerful assets—meet powerful opportunities, our nation's most elite soldiers become our nation's best leaders. We are trusted advocates who connect Green Berets and their families with the opportunities and resources needed for success in what's next.
What are the organization's key strategies for making this happen?
Plan for Success. Just as an operation downrange must be thought through to the smallest detail, so must the work we do to sustain and support Green Berets and their families. From understanding the context and influencers in a Green Beret’s life to building a network of partner organizations to help us execute, we answer every phone call prepared to make a difference.
Resource Strategically. Every member of a Green Beret team understands their role, as well as the role for which they have been cross-trained. The result is a team sum stronger than the individual parts. The Green Beret Foundation team must be equally well resourced, disciplined, focused, and adaptable.
Find a Solution. Each situation is complex. And every participant is human. From listening to the veteran who is struggling to find his footing off of the battlefield, to opening doors to career opportunities for a recent retiree, to researching the latest medical techniques to combat injuries that linger or may be unseen, we’re ready to take action in support of the Green Beret community.
What are the organization's capabilities for doing this?
Always Follow Through. We meet each Green Beret family with the same courage and commitment that service members showed the day they graduated from the Special Forces Qualification Course. We don’t ever give up.
Leave No One Behind. It takes perseverance and courage to start and continue difficult conversations. Not every Green Beret will ask for our support. We leverage our families, networks, partnerships, and the brotherhood of the Green Berets to identify those who may feel isolated, or who are simply unable to step forward.
What have they accomplished so far and what's next?
Since the founding of the Green Beret Foundation in 2009, we have invested over $21 million dollars and impacted the lives of more than 20,000 Special Forces families. However, our work remains unfinished.
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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How is your organization using feedback from the people you serve?
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Which of the following feedback practices does your organization routinely carry out?
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What challenges does the organization face when collecting feedback?
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Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
17.91
Months of cash in 2023 info
3.5
Fringe rate in 2023 info
13%
Funding sources info
Assets & liabilities info
Financial data
Green Beret Foundation
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Green Beret Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | -$14,363 | $768,514 | $1,356,360 | -$752,234 | $138,396 |
| As % of expenses | -0.6% | 50.8% | 65.8% | -21.4% | 4.7% |
| Unrestricted surplus (deficit) after depreciation | -$22,599 | $762,184 | $1,350,608 | -$764,860 | $120,099 |
| As % of expenses | -0.9% | 50.2% | 65.3% | -21.7% | 4.1% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $2,248,015 | $2,218,605 | $3,422,970 | $3,547,450 | $3,048,058 |
| Total revenue, % change over prior year | -17.7% | -1.3% | 54.3% | 3.6% | -14.1% |
| Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 2.8% | 3.8% | 3.1% | 2.6% | 3.8% |
| Government grants | 0.0% | 4.8% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 95.3% | 89.7% | 96.1% | 93.7% | 93.7% |
| Other revenue | 1.9% | 1.7% | 0.8% | 3.7% | 2.4% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $2,408,164 | $1,512,314 | $2,062,291 | $3,513,496 | $2,918,633 |
| Total expenses, % change over prior year | 9.4% | -37.2% | 36.4% | 70.4% | -16.9% |
| Personnel | 24.0% | 31.2% | 25.1% | 24.9% | 40.4% |
| Professional fees | 15.6% | 12.7% | 5.1% | 3.2% | 9.1% |
| Occupancy | 2.7% | 7.3% | 5.2% | 7.6% | 3.3% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 29.0% | 31.4% | 45.3% | 48.2% | 29.0% |
| All other expenses | 28.6% | 17.5% | 19.3% | 16.1% | 18.3% |
| Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $2,416,400 | $1,518,644 | $2,068,043 | $3,526,122 | $2,936,930 |
| One month of savings | $200,680 | $126,026 | $171,858 | $292,791 | $243,219 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $16,819 | $25,630 | $0 |
| Total full costs (estimated) | $2,617,080 | $1,644,670 | $2,256,720 | $3,844,543 | $3,180,149 |
Capital structure indicators
| Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Months of cash | 1.8 | 7.7 | 4.7 | 2.4 | 3.5 |
| Months of cash and investments | 11.8 | 25.2 | 27.0 | 13.8 | 19.0 |
| Months of estimated liquid unrestricted net assets | 11.0 | 23.6 | 25.1 | 12.1 | 15.1 |
| Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Cash | $366,260 | $973,025 | $809,827 | $709,858 | $861,007 |
| Investments | $2,010,175 | $2,201,136 | $3,822,065 | $3,329,836 | $3,749,152 |
| Receivables | $126,434 | $67,382 | $52,872 | $71,589 | $71,295 |
| Gross land, buildings, equipment (LBE) | $68,363 | $62,191 | $79,009 | $57,595 | $67,065 |
| Accumulated depreciation (as a % of LBE) | 78.4% | 87.4% | 76.1% | 44.6% | 65.6% |
| Liabilities (as a % of assets) | 3.2% | 1.5% | 1.7% | 5.2% | 5.3% |
| Unrestricted net assets | $2,217,500 | $2,979,684 | $4,330,292 | $3,565,432 | $3,685,531 |
| Temporarily restricted net assets | N/A | N/A | N/A | N/A | N/A |
| Permanently restricted net assets | N/A | N/A | N/A | N/A | N/A |
| Total restricted net assets | $229,220 | $280,270 | $400,972 | $603,534 | $897,859 |
| Total net assets | $2,446,720 | $3,259,954 | $4,731,264 | $4,168,966 | $4,583,390 |
Key data checks
| Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
President & CEO
Mr. Charles Iacono
With 20 years’ proven history leading community impact organizations, Charles “Charlie” Iacono is a seasoned, passionate philanthropy and organizational leadership executive with a demonstrated track record in developing and implementing a broad base of fundraising and community engagement strategies for mission-based organizations. His expertise in building strong networks–focused on cultivating awareness, creating long-term relationships, and creating sustainable cultures of philanthropy and corporate support–has resulted in numerous organizations realizing their mission and vision statements. Charlie holds a Bachelor of Arts in Business/Communications from Assumption University and a Master of Business Administration in Organizational Behavior and Leadership from JWU, as well as an Executive Leadership Certificate from Harvard Business School.
Number of employees
Source: IRS Form 990
Green Beret Foundation
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Green Beret Foundation
Board of directorsas of 09/19/2024
Board of directors data
LTG(R) Ken Tovo
DOL Enterprises, Inc.
Term: 2019 -
Jason McCarthy
GORUCK
Fran Wesseling
Steve Mannell
Special Forces Scholarship Fund
Michael Wise
WSDM Coaching
Andrew W. Bray
Rolfes Henry Co.
Chris Robinette
PwC
Rob McKee
Business Consultant
Walt Cooper
Whole Health Institute
Joseph Fancher
Oak Grove Technologies
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? Yes
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:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
Disability
Professional fundraisers
Fiscal year endingSOURCE: IRS Form 990 Schedule G
Solicitation activities
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- Letter of Determination
- Form 1023 / 1024
- Officer and/or Employee data for 2023, 2022, 2021, 2020, 2019
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