Patriot Fund Inc logo

Patriot Fund Inc

Private foundation · Grantmaker Mantua, NJ EIN: 82-1481089 Website

Patriot Fund Inc is a private foundation based in Mantua, New Jersey. It raises funds for and makes grants to veteran-focused organizations, supporting services for veterans and their families across the country.

Patriot Fund Inc at a glance

In short: Patriot Fund Inc gave $800K across 24 grants in 2025 (avg $33K), top state Florida. 38% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$800,000
-30.8% vs 2024
Grants made (2025)
24
-25.0% vs 2024
Average grant
$33,333
-7.7% vs 2024
Median grant
$25,000
Total assets
$1,609,897
+65.5% vs 2024
New grantees (estimate)
38% first-time grantees (9 of 24, 2025; small sample)
Primary geography
Florida (43% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Patriot Fund Inc

Accepts unsolicited proposals
No
Contact

Mailing address: PO Box 293, Mantua, NJ 08051
Phone: (855) 608-7537
Website: https://patriotfundinc.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Patriot Fund Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Project Ovat: $115KProject Ovat$115KVeterans Multi-Service Center: $100KVeterans Multi-Service Center$100KSOF Missions: $90KSOF Missions$90KWarrior Canine Connection: $50KWarrior Canine Connection$50KLeashes of Valor: $50KLeashes of Valor$50KBlue Angels Foundation: $50KBlue Angels Foundation$50KConsequence of Habit: $28KConsequence of Habit$28KDefender Mobility: $25KDefender Mobility$25KHome Base Southwest Florida: $25KHome Base Southwest Florida$25KSpectracare Foundation: $25KSpectracare Foundation$25K

The largest 2025 recipient was Project Ovat ($115K). Together the top 10 received $558K.

Grant Size Distribution

137 grants across all recorded years

114<$50K11$50–100K12$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 114 grants of 137 (83%).

Geographic Focus

Where this funder awards grants

The funder states that it supports veteran organizations across the country. In 2025, the largest shares of grant dollars went to recipients in Florida (42%), Pennsylvania (17%), New Jersey (12%), Maryland (9%), and Virginia (6%).

Grant Distribution by State

19states

Share of 2025 grant dollars across all 24 itemized grants.

Cities

PhiladelphiaNaplesTampaBoydsOdessaParrishBearBethlehemEastonFort MyersFredericksburgLindenwoldMarltonPalmettoRedfordBerlinCamdenGarden CityGilfordJamestown

Is Patriot Fund Inc open to new grantees?

38%

first-time grantees, 2025

In 2025, 9 of 24 grantees (38%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $32K; repeat grants $34K. How we count

Medians: $25K first-time, $25K repeat.

  • 63% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+11%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M20 grants2020 12 grants2021 38 grants2022 31 grants2023 32 grants2024 24 grants2025

From 2020 to 2025, annual grant giving ranged from $111K (2021) to $1.2M (2024). In 2025 it made 24 grants totaling $800K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Project Ovat Parrish, FLTo Support Veterans$115,000
Veterans Multi-Service Center Philadelphia, PATo Support Veterans$100,000
SOF Missions Tampa, FLTo Support Veterans$90,000
Warrior Canine Connection Boyds, MDTo Support Veterans$50,000
Leashes of Valor Fredericksburg, VATo Support Veterans$50,000
Blue Angels Foundation Pensacola, FLTo Support Veterans$50,000
Consequence of Habit Bear, DETo Support Veterans$27,500
Defender Mobility Redford, MITo Support Veterans$25,000
Home Base Southwest Florida Fort Myers, FLTo Support Veterans$25,000
Spectracare Foundation Lindenwold, NJTo Support Veterans$25,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,609,897$2,345,357$1,711,537$800,00024$800,000$18,560$32,424
2024$972,546$1,757,916$1,889,791$1,156,00032$1,156,000$12,412$19,978
2023$1,103,604$1,806,362$1,703,037$867,50031$867,500$31$17,651
2022$947,081$1,556,150$1,346,505$719,01438$752,014$38,871$19,335
2021$737,436$1,095,970$500,914$111,03512$154,971$48,195$10,684
2020$142,380$186,588$158,092$141,75020—$24,791$3,647

Under IRS private-foundation payout rules, Patriot Fund Inc reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The funder’s mission is to provide funding for critical services veterans need to sustain their lifelong needs. Its stated vision is that all veterans have the benefits and services needed for a full and fulfilling life.

Its 2025 grants include organizations working in varied areas of veteran support. For example, Veterans Multi-Service Center describes its mission as advancing veterans’ causes through services and programs for veterans and their families. Warrior Canine Connection says it supports recovering combat veterans and their families through service-dog training and placement. Blue Angels Foundation describes support for wounded veterans through services including transitional housing, education and employment, and addressing post-traumatic stress. Quantum Leap Farm says it provides equine-assisted therapies to improve quality of life for people with disabilities.

Grantmaking

In 2025, the funder reported 24 grants totaling $800,000. Grant amounts ranged from $2,500 to $115,000, with a median of $25,000. Its largest grants included $115,000 to Project OVAT, $100,000 to Veterans Multi-Service Center, and $90,000 to SOF Missions. Other notable grants were $50,000 each to Warrior Canine Connection, Leashes of Valor, and Blue Angels Foundation.

The funder’s website says its Executive Committee and board members review donations through a due-diligence process. It says it does not accept unsolicited requests for grants or operational partnerships; potential partners may apply only by invitation from a board member who believes in their mission and confirms alignment with the funder’s mission. The website also states that applications for new operational partners are closed for the year, without specifying a year.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Michael Wilkinson and Todd L Sherman as presidents, Pam Davis as executive vice president, and Patrick Fisher as treasurer. It also lists Kevin Ruth, Robert Curley III, Joseph Crandall, David Ingram, Elaine Damm, and Mike Francisco as trustees.

Patriot Fund Inc is led by Todd L. Sherman, President on every filing since 2020; none of the 10 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Todd L. Sherman

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Wilkinson

    President

    New on the 2025 filing

    No compensation reported

  • Robert Curley III

    Trustee

    Board Member → Trustee, 2023

    On filings since 2020

    No compensation reported

  • David Ingram

    Trustee

    Board Member → Trustee, 2023

    On filings since 2021

    No compensation reported

  • Joseph Crandall

    Trustee

    Board Member → Trustee, 2023

    On filings since 2021

    No compensation reported

  • Elaine Damm

    Trustee

    On filings since 2023

    No compensation reported

  • Kevin Ruth

    Trustee

    Director → Trustee, 2025

    On filings since 2023

    No compensation reported

  • Mike Francisco

    Trustee

    On filings since 2023

    No compensation reported

  • Patrick Fisher

    Treasurer

    Director of Finance → Treasurer, 2023

    On filings since 2022

    No compensation reported

  • Pam Davis

    Executive Vice President

    Secretary → Executive Vice President, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (19)
  • Former: Daniel Bianco (2020–2024) — Trustee
  • Former: Don Tretola (2020–2024) — Trustee
  • Former: Erik Osland (2020–2024) — Trustee
  • Former: Joe Caruso (2020–2024) — Vice President
  • Former: Tim Irons (2020–2024) — Trustee
  • Former: William Markham (2020–2024) — Executive Director
  • Former: Michael Mikulski II (2021–2024) — Trustee
  • Former: Jeffrey O'Hara (2022–2024) — Trustee
  • Former: Mjr Gen Ret Steven Hashem (2022–2024) — Vice President
  • Former: Amy Osborn (2020–2022) — Board Member
  • Former: Kyle Kroberger (2020–2022) — Board Member
  • Former: Mark Nicastro (2020–2022) — Treasurer
  • Former: Michael Francisco (2020–2022) — Secretary
  • Former: Peter Musumeci (2020–2022) — Board Member
  • Former: Scott McQuery (2020–2022) — Board Member
  • Former: Sam Lepore (2021–2022) — Board Member
  • Former: Jeff O'Hara (2020–2021) — Board Member
  • Former: Major General Ret Steven Hashem (2020–2021) — Vice President
  • Former: Diane Kidawa (2020) — Board Member

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.

Frequently asked questions about Patriot Fund Inc

How much does Patriot Fund Inc give each year?

Patriot Fund Inc gave $800K across 24 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.2M across 32 grants.

What is Patriot Fund Inc's typical grant size?

Patriot Fund Inc's median grant in 2025 was $25,000, and its average grant was $33,333, across 24 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Patriot Fund Inc that year got $32K on average.

Where does Patriot Fund Inc give grants?

Patriot Fund Inc's top state is Florida, with 43% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Pennsylvania (17%) and New Jersey (13%). The most frequent recipient cities were Philadelphia, PA (2 grants).

Does Patriot Fund Inc give general operating support?

Not in 2025: none of the 24 grants with a stated purpose on Patriot Fund Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Veterans" (24 grants).

Who are Patriot Fund Inc's largest grantees?

Patriot Fund Inc's largest 2025 grantees include Project Ovat ($115,000), Veterans Multi-Service Center ($100,000) and SOF Missions ($90,000), according to its 2025 IRS Form 990-PF. Together they received 38% of its itemized 2025 grant dollars.

How large is Patriot Fund Inc?

Patriot Fund Inc reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $800K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets).

What does Patriot Fund Inc fund?

The funder’s mission is to provide funding for critical services veterans need to sustain their lifelong needs. Its stated vision is that all veterans have the benefits and services needed for a full and fulfilling life. See mission & focus areas ↑

How do I apply for a grant from Patriot Fund Inc?

Patriot Fund Inc does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check patriotfundinc.org for any change to that policy.

What is Patriot Fund Inc's EIN?

Patriot Fund Inc's EIN (Employer Identification Number) is 82-1481089. IRS Form 990 filing data is available on this page for 2020–2025.

Does Patriot Fund Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 4, 2025)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS June 22, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Live grants for the work Patriot Fund Inc funds

Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.

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Cite this profile

Grantable. (2026). Patriot Fund Inc funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/patriot-fund-inc-morg_a0bf1c80122e43549ab2de9790b7d617

BibTeX
@misc{grantable_821481089_2026,
  author       = {{Grantable}},
  title        = {{Patriot Fund Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/patriot-fund-inc-morg_a0bf1c80122e43549ab2de9790b7d617},
  note         = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Patriot Fund Inc'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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