Folds of Honor Foundation Minnesota Inc
The folds of honor foundation is rallying a nation to ensure no family is left behind in the fight to preserve American freedom. Through scholarships and other assistance, we give back to the spouses and children of soldiers killed or disabled in service to our country. We provide healing, hope and an opportunity for dreams to be realized with the support of people like you. We feel this is our duty as citizens of the greatest country in the world.
Folds of Honor Foundation Minnesota Inc at a glance
In short: Folds of Honor Foundation Minnesota Inc gave $1.6M across 1 grant in 2024 (avg $1.6M), mostly in Oklahoma. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,555,000
- +6.9% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $1,555,000
- +6.9% vs 2023
- Median grant
- $1,555,000
- Total assets
- $891,422
- -31.2% vs 2023
- Primary geography
- Oklahoma (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Folds of Honor Foundation Minnesota Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Folds of Honor National ($1.6M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Folds of Honor Foundation Minnesota Inc gives
- Giving held roughly steady from 2021 to 2024 (+11%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $800K (2020) to $1.6M (2024). In 2024 it made 1 grant totaling $1.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Folds of Honor National Owasso, OK | Educational Scholarships | $1,555,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $891,422 | $1,919,110 | $2,316,194 | $1,555,000 | 1 | $123,761 |
| 2023 | $1,296,550 | $1,833,794 | $1,818,187 | $1,455,000 | 1 | $56,928 |
| 2022 | $1,186,272 | $1,939,387 | $1,804,068 | $1,500,000 | 1 | $70,246 |
| 2021 | $1,228,818 | $2,044,119 | $1,508,523 | $1,395,386 | 1 | $76,409 |
| 2020 | $691,603 | $976,279 | $956,398 | $800,000 | 1 | $79,915 |
About Folds of Honor Foundation Minnesota Inc
Based on IRS filings
Folds of Honor Foundation Minnesota Inc is a public charity focused on Education, based in Wayzata, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $891K in total assets. In 2024, it awarded 1 grant totaling $1.6M. Net investment income was $124K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Folds of Honor Foundation Minnesota Inc is led by Matt Bruns, Executive Director on every filing since 2023; 1 of 13 officers listed in 2024 is compensated.
Officers on the 2024 filing
Matt Bruns
Executive Director
On filings since 2023
40 hrs/week
$82K (2023) → $164K (2024)
Perry Schmidt
President
On filings since 2020
4 hrs/week
No compensation reported
Chris Schwartzbauer
Director
On filings since 2020
1 hr/week
No compensation reported
John Pohlad
Director
On filings since 2020
1 hr/week
No compensation reported
Neal Loidolt
Director
On filings since 2021
1 hr/week
No compensation reported
David Barberot
Director
On filings since 2023
1 hr/week
No compensation reported
Lynn Plaschko
Director
On filings since 2023
1 hr/week
No compensation reported
Mike Wallace
Director
On filings since 2023
1 hr/week
No compensation reported
Mitch Day
Director
On filings since 2023
1 hr/week
No compensation reported
Roger Maldonado
Director
On filings since 2023
1 hr/week
No compensation reported
Scott Nygaard
Director
On filings since 2023
1 hr/week
No compensation reported
Bob Cron
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Kam Kielhorn
Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (12)
- Former: John Russett (2020–2023) — President · Filing note: Term ended expired 623
- Former: Rob Holt (2020–2023) — Director
- Former: Steve Anderson (2020–2023) — Director
- Former: Jay Tibbets (2022–2023) — Vice President
- Former: Perry Schmidt Starting (2023) — President
- Former: Anne Schmidt (2020–2022) — Secretary
- Former: Matt Frauenshuh (2020–2022) — Director
- Former: Paul Taunton (2020–2022) — Director
- Former: Peter Burwell (2020–2022) — Director
- Former: Robert Cron (2020–2022) — Treasurer
- Former: John Russet (2022) — Director
- Former: Dan Otis (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $164K, to Matt Bruns (Executive Director).
Frequently asked questions about Folds of Honor Foundation Minnesota Inc
How much does Folds of Honor Foundation Minnesota Inc give each year?
Folds of Honor Foundation Minnesota Inc gave $1.6M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.5M across 1 grant.
How large is Folds of Honor Foundation Minnesota Inc?
Folds of Honor Foundation Minnesota Inc reported $891K in total assets on its 2024 IRS Form 990. Its revenue that year was $1.9M.
What is Folds of Honor Foundation Minnesota Inc?
Folds of Honor Foundation Minnesota Inc is a public charity focused on Education, based in Wayzata, MN. It holds $891K in total assets as of 2024.
Where does Folds of Honor Foundation Minnesota Inc operate?
Folds of Honor Foundation Minnesota Inc has awarded grants in Oklahoma, Texas.
What is Folds of Honor Foundation Minnesota Inc's EIN?
Folds of Honor Foundation Minnesota Inc's EIN (Employer Identification Number) is 46-5531485. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 18, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 26, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in Folds of Honor Foundation Minnesota Inc's focus areas in our free grants database
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