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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$891K
-31.2% YoY
Annual Giving
$1.6M
+6.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.6M
+6.9% YoY
About Folds of Honor Foundation
Based on IRS filings
Folds of Honor Foundation is a nonprofit organization 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 grants totaling $1.6M. Net investment income was $124K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $891,422 | $1,296,550 | $1,186,272 |
| Revenue | $1,919,110 | $1,833,794 | $1,939,387 |
| Expenses | $2,316,194 | $1,818,187 | $1,804,068 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $123,761 | $56,928 | $70,246 |
| 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 2024
Grant Size Distribution
4 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 |
|---|---|---|---|
| PERRY SCHMIDT | PRESIDENT | 4 | — |
| BOB CRON | TREASURER | 1 | — |
| KAM KIELHORN | SECRETARY | 1 | — |
| JOHN POHLAD | DIRECTOR | 1 | — |
| CHRIS SCHWARTZBAUER | DIRECTOR | 1 | — |
| NEAL LOIDOLT | DIRECTOR | 1 | — |
| SCOTT NYGAARD | DIRECTOR | 1 | — |
| LYNN PLASCHKO | DIRECTOR | 1 | — |
| MIKE WALLACE | DIRECTOR | 1 | — |
| DAVID BARBEROT | DIRECTOR | 1 | — |
| ROGER MALDONADO | DIRECTOR | 1 | — |
| MITCH DAY | DIRECTOR | 1 | — |
| MATT BRUNS | EXECUTIVE DIRECTOR | 40 | $163,505 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Assets
—
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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