National Veteran Business

Public charity · Grantmaker Troy, MI EIN: 46-2033413

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.

National Veteran Business at a glance

In short: National Veteran Business gave $10K across 1 grant in 2025 (avg $10K), mostly in South Carolina. Source: 2025 IRS Form 990.

Annual giving (2025)
$10,000
-60.0% vs 2024
Grants made (2025)
1
-50.0% vs 2024
Average grant
$10,000
-20.0% vs 2024
Median grant
$10,000
Total assets
$876,178
+20.7% vs 2024
Primary geography
South Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who National Veteran Business funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Denny's HFE Scholarships 2025: $10KDenny's HFE Scholarships 2025$10K

The largest 2025 recipient was Denny's HFE Scholarships 2025 ($10K).

Grant Size Distribution

7 grants across all recorded years

6<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 7 (86%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2025 grant dollars on its one itemized grant.

Cities

DetroitWashingtonHanoverSpartanburg

How National Veteran Business gives

  • Giving held roughly steady from 2022 to 2025 (+3%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2020 2 grants2021 1 grant2022 1 grant2023 2 grants2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $10K (2022) to $117K (2021). In 2025 it made 1 grant totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Denny's HFE Scholarships 2025 Spartanburg, SCJrotc Scholarships$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$876,178$1,722,329$2,094,892$10,0001$34,292
2024$726,048$2,035,568$1,687,235$25,0142$130
2023$378,098$1,955,493$2,036,145$20,0001$253
2022$457,409$1,645,249$1,537,329$9,7001$35
2021$319,952$1,668,818$1,676,039$117,2202—
2020$366,206$1,221,942$1,202,726———

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

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

Keith King — CEO: $69KKeith KingCEO$69KKathryn Poynton — Director: $57KKathryn PoyntonDirector$57KRobert Middleton — Treasurer: $42KRobert MiddletonTreasurer$42KRichard Miller — President: $42KRichard MillerPresident$42KAnnette Stevenson — Director: $33KAnnette StevensonDirector$33KJohn E Taylor — Director: $33KJohn E TaylorDirector$33KJames Cowper — Director: $30KJames CowperDirector$30KSidney Taylor — Director: $30KSidney TaylorDirector$30KJohn Oleson — Secretary: $18KJohn OlesonSecretary$18K

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.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS August 8, 2023)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS September 24, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS September 24, 2025)
  5. Added Form 990 for fiscal year 2025 (received by the IRS June 10, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from National Veteran Business's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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