Armed Services Mutual Benefit
TO PROVIDE MEMBERS WITH A VARIETY OF LOW COST BENEFIT PROGRAMS AND FINANCIAL SECURITY IN THE FORM OF LIFE INSURANCE AND SURVIVOR BENEFIT COVERAGES, WHICH ARE NOT OTHERWISE READILY AVAILABLE, AT REASONABLE RATES OR WITHOUT LIMITING CLAUSES (SUCH AS WAR) TO MEMBERS OF THE ARMED SERVICES DUE TO THEIR OCCUPATION AND THE RISKS INVOLVED.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$63.3M
+5.5% YoY
Annual Giving
$137K
+21.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$137K
+21.2% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $63,346,194 | $60,063,419 | $56,245,710 |
| Revenue | $8,573,677 | $7,896,351 | $7,537,390 |
| Expenses | $5,477,437 | $5,885,557 | $5,906,651 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,908,323 | $2,024,729 | $1,533,713 |
| 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 1 recipients in 2025
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Armed Services Mutual Benefit fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRICE N SMITH non-voting | President | 45 | $345,057 |
| DEBRA KUBIET | CHAIR | 2 | — |
| JOHN SARAGA | VICE CHAIR | 2 | — |
| JAMES MCKEE | GOVERNORS BOARD | 2 | — |
| DENNIS TONNESLAN | GOVERNORS BOARD | 2 | — |
| FRANK MURPHY | GOVERNORS BOARD | 2 | — |
| PETE AUBREY | GOVERNORS BOARD | 2 | — |
| SUSAN FAVERO | GOVERNORS BOARD | 2 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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