Air Force Academy Foundation

USAF ACADEMY, CO EIN: 26-0537053 Website

TO BE AN ASSOCIATION AND FOUNDATION OF INFLUENCE AND IMPACT, SUPPORTING THE ACADEMY'S ENDURING MISSION OF DEVELOPING LEADERS OF CHARACTER FOR THE NATION, AND PROVIDING A LIFETIME OF SERVICE TO THE LONG BLUE LINE. (CONT'D. ON SCH. O)

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$169.5M

+8.3% YoY

Annual Giving

$33.1M

+254.7% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$6.6M

+325.6% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12M$25M$37M$50M20202021202220232024
Metric202420232022
Total Assets$169,492,887$156,547,159$128,612,215
Revenue$45,049,744$40,863,986$39,131,560
Expenses$40,855,917$28,355,772$16,327,301
Qualifying Distributions
Net Investment Income$3,520,428$2,746,701$1,688,515
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8M$17M$25M$33M0 grants20203 grants20215 grants20226 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

AIR FORCE ACADEMY ATHLET…$30.7MUS Treasury$1.7MASSOCIATION OF GRADUATES…$419KAcademy Research and Dev…$261KWay of Life Affinity Gro…$11K

Grant Size Distribution

19 grants across all recorded years

3<$50K2$50–100K2$100–250K2$250–500K2$500K–1M5$1–5M3$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Air Force Academy Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Kelly BanetExecutive VP of Development$264KMark HilleCEO$167KKatie WillemarkCFO$127KDale ZschocheAssistant VP for Development$121KVincent GrecoAssistant VP Philanthropic$112K

From 2024 filing

NameTitleHoursCompensation
Kelly BanetExecutive VP of Development38$264,483
Mark HilleCEO20$167,372
Katie WillemarkCFO20$126,765
Dale ZschocheAssistant VP for Development39$120,995
Vincent GrecoAssistant VP Philanthropic39$112,252
Alexander P GilbertChair1
Stephen M DicksonVice Chair1
Stephen MacLeodSecretary1
Jeffrey M FrientTreasurer1
Dana H BornDirector1
Louis W BremerDirector1
Jerome V BruniDirector1
Paul CaponDirector1
John D ChildsDirector1
William ClohanDirector1
Evan DadoskyDirector1
Leslie G DenendDirector1
Terrance M DrabantDirector1
Leonard C EkmanDirector1
Elizabeth D FerrillDirector1
April S FitzgeraldDirector1
John M FoxDirector1
Brian C GornickDirector1
Alexander GranadosDirector1
A Bart HoladayDirector1
Bradley C HosmerDirector1
William J HyblDirector1
Max F JamesDirector1
Edward R JayneDirector1
William A JonesDirector1
Paul G KaminskiDirector1
Jesung KimDirector1
J Scott KirbyDirector1
John N KuceraDirector1
Matthew J KutaDirector1
H Michael LambertDirector1
P Michael LeahyDirector1
Edward E LegaseyDirector1
Rod LittleDirector1
Eugene A LupiaDirector1
Paul S MaderaDirector1
Sarah J MarshallDirector1
John W MartinDirector1
John H MartinsonDirector1
Richard D McConnDirector1
Bradley M MeissenDirector1
Gilbert D MookDirector1
Patrick M NesbittDirector1
Terrence O'DonnellDirector1
Kevin O'NeilDirector1
Terrence J O'ShaughnessyDirector1
Harry J PearceDirector1
Charles E PhillipsDirector1
Gregg C PopovichDirector1
Vincent P ReynaDirector1
Paul RossettiDirector1
Daniel J SchnepfDirector1
Norton A SchwartzDirector1
Thomas A SteinDirector1
Harry W StowersDirector1
David J StrobelDirector1
William E WeckerDirector1
Mark A WelshDirector1
Hugh H WilliamsonDirector1
R David YostDirector1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Colorado SpringsUsaf AcademyUsafa

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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