The National Veteran Business development council (NVBDC) was created to achieve the following missions: 1. Certify veteran owned businesses (vob's) and service disabled veeteran owned businesses (sdvob's) that wish to do business with American companies.
Key facts about National Veteran Business
In short: National Veteran Business gave $10K across 1 grant in 2025 (avg $10K), mostly in South Carolina. Source: 2025 IRS Form 990.
- EIN
- 46-2033413
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $10,000
- Grants made (2025)
- 1
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $876,178
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$876K
+20.7% YoY
Annual Giving
$10K
-60.0% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$10K
-20.0% YoY
How National Veteran Business gives
- Giving held roughly steady from 2022 to 2025 (+3%). Method
From the foundation's IRS Form 990 filings. Methodology.
About National Veteran Business
Based on IRS filings
National Veteran Business is a public charity focused on Education, based in Troy, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $876K in total assets. In 2025, it awarded 1 grant totaling $10K. Net investment income was $34K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $10K (2022) to $117K (2021). In 2025 it made 1 grant totaling $10K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
The largest 2025 recipient was Denny's Hfe Scholarships 2025 ($10K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 6 grants of 7 (86%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Denny's Hfe Scholarships 2025 Spartanburg, SC | Jrotc Scholarships | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $876,178 | $726,048 | $378,098 |
| Revenue | $1,722,329 | $2,035,568 | $1,955,493 |
| Expenses | $2,094,892 | $1,687,235 | $2,036,145 |
| Net Investment Income | $34,292 | $130 | $253 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS August 8, 2023)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 24, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 24, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS June 10, 2026)
Leadership & Key People
Officers and directors from IRS filings
National Veteran Business is led by Keith K. King, CEO on every filing since 2020; 9 of 11 officers listed in 2025 are compensated.
Officers on the 2025 filing
Keith K. King
CEO
On filings since 2020
55 hrs/week
$56K (2021) → $69K (2025)
Richard Miller
President
On filings since 2020
40 hrs/week
$42K (2021) → $42K (2025)
Annette Stevenson
Director
On filings since 2020
30 hrs/week
$34K (2021) → $33K (2025)
John E. Taylor
Director
Director → Board Member, 2021
Board Member → Director, 2022
On filings since 2020
35 hrs/week
$30K (2021) → $33K (2025)
Sidney Taylor
Director
On filings since 2020
35 hrs/week
$30K (2022) → $30K (2025)
Kathryn Poynton
Director
On filings since 2021
30 hrs/week
$42K (2021) → $57K (2025)
James Cowper
Director
New on the 2025 filing
30 hrs/week
$30K (2025)
Steve Charles
Director
On filings since 2020
20 hrs/week
No compensation reported
Darrol Brown
Senior V. Pr
Senior Vice President → Officer, 2021
Officer → Senior V. Pr, 2022
On filings since 2020
40 hrs/week
$6K (2021) → $0 (2025)
John Oleson
Secretary
Secretary → Officer, 2021
Officer → Secretary, 2022
On filings since 2020
30 hrs/week
$18K (2021) → $18K (2025)
Robert Middleton
Treasurer
Director → Treasurer, 2021
On filings since 2020
30 hrs/week
$32K (2021) → $42K (2025)
Former officers (2)
- Former: Greg Hacias (2020–2024) — Director
- Former: Charles R. Brown CPA (2020–2021) — Treasurer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $69K, to Keith King (CEO). 9 officers or directors reported compensation on that filing.
Frequently asked questions about National Veteran Business
How much does National Veteran Business give each year?
National Veteran Business gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $25K across 2 grants.
How large is National Veteran Business?
National Veteran Business reported $876K in total assets on its 2025 IRS Form 990. Its revenue that year was $1.7M.
What is National Veteran Business?
National Veteran Business is a public charity focused on Education, based in Troy, MI. It holds $876K in total assets as of 2025.
Where does National Veteran Business operate?
National Veteran Business has awarded grants in District of Columbia, Michigan, New Hampshire, South Carolina.
What is National Veteran Business's EIN?
National Veteran Business's EIN (Employer Identification Number) is 46-2033413. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching National Veteran Business by hand.
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