The Folded Flag Foundation logo

The Folded Flag Foundation

Public charity · Grantmaker Las Vegas, NV EIN: 46-5371845 Website

The mission of the Folded Flag Foundation is to provide scholarships and educational support grants to the spouses and children of the united states military and government personnel who died as a result of hostile action or in an accident related to U.S. combat operations.

The Folded Flag Foundation at a glance

Total assets
$11,039,659
-6.6% vs 2023
Revenue (2024)
$4,677,468
-3.8% vs 2023
Net investment income (2024)
$458,702
+5.1% vs 2023
Expenses (2024)
$5,458,921
+9.9% vs 2023
Latest 990 filing
Form 990, 2024 View filing

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

How to apply to The Folded Flag Foundation

Who The Folded Flag Foundation funds

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Las Vegas

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants2020 Total only2021 1 grant2022 0 grants2023 0 grants2024

From 2021 to 2022, annual grant giving ranged from $2K (2021) to $8K (2022). In 2022 it made 1 grant totaling $8K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Nevada Las Vegas Foundation Las Vegas, NVOperational Support$7,500
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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
2024$11,039,659$4,677,468$5,458,921——$458,702
2023$11,820,648$4,859,750$4,968,340——$436,511
2022$11,952,659$4,875,790$3,887,590$7,5001$47,743
2021$11,013,213$5,308,956$3,745,095$2,000Total only$22,484
2020$9,448,698$4,398,965$2,315,908——$33,542

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About The Folded Flag Foundation

Based on IRS filings

The Folded Flag Foundation is a public charity focused on public and societal benefit, based in Las Vegas, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.0M in total assets. Net investment income was $459K.

Leadership & Key People

Officers and directors from IRS filings

The Folded Flag Foundation is led by Kim Frank, President on every filing since 2020; none of the 21 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kim Frank

    President

    On filings since 2020

    30 hrs/week

    No compensation reported

  • William P. Foley II

    Chairman

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Anthony Jabbour

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Chris Azur

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Craig Barber

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Frank R. Martire

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • James Woodall

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kirk Larsen

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Michael Oates

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Michael W. Shelton

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Michelle Kersch

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Paul Kern

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Peter Brual

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Phil Dismukes

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Randall M. Pais

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Thomas A. Schwartz

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Erika Meinhardt

    Trustee

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Megan Ortiz

    Trustee

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Bryan Coy

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Fred Schremp

    Vice Chairman

    On filings since 2020

    8 hrs/week

    No compensation reported

  • Peter Sadowski

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (5)
  • Former: James B. Stallings Jr. (2020–2023) — Trustee
  • Former: Jennifer Bowland (2022) — Chief Operating Officer
  • Former: Jennifer Ramieh (2020–2021) — Chief Operating Officer
  • Former: Montgomery C. Meigs (2020–2021) — Trustee
  • Former: Robert Clapper (2020) — Chief Development Officer

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.

Frequently asked questions about The Folded Flag Foundation

How large is The Folded Flag Foundation?

The Folded Flag Foundation reported $11.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.7M.

What is The Folded Flag Foundation?

The Folded Flag Foundation is a public charity focused on public and societal benefit, based in Las Vegas, NV. It holds $11.0M in total assets as of 2024.

Where does The Folded Flag Foundation operate?

The Folded Flag Foundation has awarded grants in Nevada.

What is The Folded Flag Foundation's EIN?

The Folded Flag Foundation's EIN (Employer Identification Number) is 46-5371845. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
  3. IRS filings on file for fiscal years 2020–2024

Live grants for the work The Folded Flag Foundation funds

Public, Societal Benefit Open opportunities, soonest deadline first.

Explore Open Grants

Browse active grant opportunities in The Folded Flag Foundation's focus areas in our free grants database

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

Figures come from The Folded Flag Foundation'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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