Air Force Academy Foundation
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 · View filing
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
About Air Force Academy Foundation
Based on IRS filings
Air Force Academy Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in USAF ACADEMY, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $169.5M in total assets. In 2024, it awarded 5 grants totaling $33.1M. Net investment income was $3.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kelly Banet | Executive VP of Development | 38 | $264,483 |
| Mark Hille | CEO | 20 | $167,372 |
| Katie Willemark | CFO | 20 | $126,765 |
| Dale Zschoche | Assistant VP for Development | 39 | $120,995 |
| Vincent Greco | Assistant VP Philanthropic | 39 | $112,252 |
| Alexander P Gilbert | Chair | 1 | — |
| Stephen M Dickson | Vice Chair | 1 | — |
| Stephen MacLeod | Secretary | 1 | — |
| Jeffrey M Frient | Treasurer | 1 | — |
| Dana H Born | Director | 1 | — |
| Louis W Bremer | Director | 1 | — |
| Jerome V Bruni | Director | 1 | — |
| Paul Capon | Director | 1 | — |
| John D Childs | Director | 1 | — |
| William Clohan | Director | 1 | — |
| Evan Dadosky | Director | 1 | — |
| Leslie G Denend | Director | 1 | — |
| Terrance M Drabant | Director | 1 | — |
| Leonard C Ekman | Director | 1 | — |
| Elizabeth D Ferrill | Director | 1 | — |
| April S Fitzgerald | Director | 1 | — |
| John M Fox | Director | 1 | — |
| Brian C Gornick | Director | 1 | — |
| Alexander Granados | Director | 1 | — |
| A Bart Holaday | Director | 1 | — |
| Bradley C Hosmer | Director | 1 | — |
| William J Hybl | Director | 1 | — |
| Max F James | Director | 1 | — |
| Edward R Jayne | Director | 1 | — |
| William A Jones | Director | 1 | — |
| Paul G Kaminski | Director | 1 | — |
| Jesung Kim | Director | 1 | — |
| J Scott Kirby | Director | 1 | — |
| John N Kucera | Director | 1 | — |
| Matthew J Kuta | Director | 1 | — |
| H Michael Lambert | Director | 1 | — |
| P Michael Leahy | Director | 1 | — |
| Edward E Legasey | Director | 1 | — |
| Rod Little | Director | 1 | — |
| Eugene A Lupia | Director | 1 | — |
| Paul S Madera | Director | 1 | — |
| Sarah J Marshall | Director | 1 | — |
| John W Martin | Director | 1 | — |
| John H Martinson | Director | 1 | — |
| Richard D McConn | Director | 1 | — |
| Bradley M Meissen | Director | 1 | — |
| Gilbert D Mook | Director | 1 | — |
| Patrick M Nesbitt | Director | 1 | — |
| Terrence O'Donnell | Director | 1 | — |
| Kevin O'Neil | Director | 1 | — |
| Terrence J O'Shaughnessy | Director | 1 | — |
| Harry J Pearce | Director | 1 | — |
| Charles E Phillips | Director | 1 | — |
| Gregg C Popovich | Director | 1 | — |
| Vincent P Reyna | Director | 1 | — |
| Paul Rossetti | Director | 1 | — |
| Daniel J Schnepf | Director | 1 | — |
| Norton A Schwartz | Director | 1 | — |
| Thomas A Stein | Director | 1 | — |
| Harry W Stowers | Director | 1 | — |
| David J Strobel | Director | 1 | — |
| William E Wecker | Director | 1 | — |
| Mark A Welsh | Director | 1 | — |
| Hugh H Williamson | Director | 1 | — |
| R David Yost | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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WELLINGTON, CO
Assets
$986K
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1
Total Given
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Assets
$2.8M
Grants
2
Total Given
$63K
Terra Foundation Inc
NIWOT, CO
Assets
$2.2M
Grants
3
Total Given
$82K
Prosperity Denver Fund
DENVER, CO
Assets
$46.8M
Grants
44
Total Given
$18.6M
Fie Family Foundation
BOW MAR, CO
Assets
$1.0M
Grants
12
Total Given
$91K
Truthfc
BROOMFIELD, CO
Assets
$53K
Grants
5
Total Given
$4K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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