Special Forces Legacy Initiatives is a private foundation focused on Public, Societal Benefit, based in PARKTON, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $300K in total assets. In 2024, it awarded 3 grants totaling $56K. Net investment income was $1.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$300K
+21.8% YoY
Annual Giving
$56K
+72.0% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$19K
+129.3% YoY
Under IRS private-foundation payout rules, Special Forces Legacy Initiatives reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About Special Forces Legacy Initiatives
Based on IRS filings
Special Forces Legacy Initiatives is a private foundation focused on Public, Societal Benefit, based in PARKTON, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $300K in total assets. In 2024, it awarded 3 grants totaling $56K. Net investment income was $1.
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 | $300,095 | $246,388 | $52,134 |
| Revenue | $105,142 | $280,355 | $97,593 |
| Expenses | $125,365 | $84,073 | $54,649 |
| Qualifying Distributions | $55,823 | $32,454 | $32,525 |
| Net Investment Income | $1 | $1 | $8 |
| Distributable Amount | $10,118 | $4,992 | $1,421 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include SFA Chapter 111 ($23,354), Special Forces Association ($20,780), Special Warfare Museum Foundation ($11,689).
| Recipient | Purpose | Amount |
|---|---|---|
| SFA Chapter 111 Mountain City, TN | Event sponsorship | $23,354 |
| Special Forces Association Parkton, NC | Membership sponsorship | $20,780 |
| Special Warfare Museum Foundation Fayetteville, NC | Gift store commission | $11,689 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kevin Harry | President | 35 | — |
| John Campbell | Vice President | 20 | — |
| Jason Legler | Secretary | 10 | — |
| Robert LaPella | Treasurer | 15 | — |
| Christopher Bell | Director | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Special Forces Legacy Initiatives?
Special Forces Legacy Initiatives is a private foundation focused on Public, Societal Benefit, based in PARKTON, NC. It holds $300K in total assets as of 2024.
How large is Special Forces Legacy Initiatives?
As of 2024, Special Forces Legacy Initiatives holds $300K in total assets with $105K in annual revenue. It awarded 3 grants totaling $56K in 2024.
Where does Special Forces Legacy Initiatives operate?
Special Forces Legacy Initiatives has awarded grants in Colorado, North Carolina, Tennessee.
What size grants does Special Forces Legacy Initiatives award?
In 2024, Special Forces Legacy Initiatives awarded 3 grants totaling $56K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Special Forces Legacy Initiatives required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Special Forces Legacy Initiatives reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Special Forces Legacy Initiatives's EIN?
Special Forces Legacy Initiatives's EIN (Employer Identification Number) is 87-4576280. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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