Pentagon Memorial Fund Inc logo

Pentagon Memorial Fund Inc

Grantmaker Arlington, VA EIN: 43-2018221 Website

Raise funds for the construction and maintenance of the pentagon memorial and a visitor education center as well as educate the public about the events and impact of the terrorist attacks on september 11, 2001.

Key facts about Pentagon Memorial Fund Inc

In short: Pentagon Memorial Fund Inc gave $350K across 1 grant in 2024 (avg $350K), mostly in District of Columbia. Source: 2024 IRS Form 990 filing.

EIN
43-2018221
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$350,000
Grants made (2024)
1
Average grant
$350,000
Median grant
$350,000
Total assets
$17,946,730
Primary geography
District of Columbia (100% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$17.9M

-2.4% YoY

Annual Giving

$350K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$350K

+0.0% YoY

About Pentagon Memorial Fund Inc

Based on IRS filings

Pentagon Memorial Fund Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in Arlington, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.9M in total assets. In 2024, it awarded 1 grant totaling $350K. Net investment income was $668K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

Cities

Washington

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants20200 grants20211 grants20221 grants20231 grants2024

From 2022 to 2024, annual grant giving ranged from $350K (2022) to $350K (2024). In 2024 it made 1 grant totaling $350K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

US Treasury: $350KUS Treasury$350K

The largest 2024 recipient was US Treasury ($350K).

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K3$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
US Treasury Washington, DC9/11 Pentagon Memorial Maintenance$350,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M20202021202220232024
Metric202420232022
Total Assets$17,946,730$18,385,405$18,732,890
Revenue$855,177$525,857$5,369,401
Expenses$1,460,724$1,938,955$1,585,777
Qualifying Distributions———
Net Investment Income$668,155$327,393$569,626
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Pentagon Memorial Fund Inc is led by Michael J. McCarthy, Executive Director since 2024 (on filings since 2023); 1 of 10 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Michael J. McCarthy

    Executive Director

    Executive Director-Start → Executive Director, 2024

    On filings since 2023

    40 hrs/week

    $124K (2023) → $139K (2024)

  • Sean T. Connaughton

    Board Chair & President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tara Allison

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Teresa Carlson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Theodore B. Olson

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Beau Memory

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kelly Dupont

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • John P. Langan CPA

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Karen Maude

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sally Mott Freeman

    Vice President

    Director → Vice President-Start, 2023

    Vice President-Start → Vice President, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (4)
  • Former: James J. Laychak (2020–2023) — Ed-
  • Former: Michael Discenza (2020–2023) — Vice President-
  • Former: Cedric George (2021–2023) — Director-
  • Former: Ted Olson (2020) — 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

Michael J McCarthy — Executive Director: $139KMichael J McCarthyExecutive Director$139K

The highest reported compensation on the 2024 filing was $139K, to Michael J McCarthy (Executive Director).

Frequently asked questions about Pentagon Memorial Fund Inc

How much does Pentagon Memorial Fund Inc give each year?

Pentagon Memorial Fund Inc gave $350K across 1 grant in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $350K across 1 grant.

How large is Pentagon Memorial Fund Inc?

Pentagon Memorial Fund Inc reported $17.9M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $855K.

What is Pentagon Memorial Fund Inc?

Pentagon Memorial Fund Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in Arlington, VA. It holds $17.9M in total assets as of 2024.

Where does Pentagon Memorial Fund Inc operate?

Pentagon Memorial Fund Inc has awarded grants in District of Columbia.

What is Pentagon Memorial Fund Inc's EIN?

Pentagon Memorial Fund Inc's EIN (Employer Identification Number) is 43-2018221. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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