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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.0M
-6.6% YoY
Revenue
$4.7M
-3.8% YoY
Net Investment Income
$459K
+5.1% YoY
Expenses
$5.5M
+9.9% YoY
About The Folded Flag Foundation
Based on IRS filings
The Folded Flag Foundation is a nonprofit organization focused on Public, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,039,659 | $11,820,648 | $11,952,659 |
| Revenue | $4,677,468 | $4,859,750 | $4,875,790 |
| Expenses | $5,458,921 | $4,968,340 | $3,887,590 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $458,702 | $436,511 | $47,743 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
2 open opportunities from The Folded Flag Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM P FOLEY II | CHAIRMAN | 2 | — |
| FRED SCHREMP | VICE CHAIRMAN | 8 | — |
| PETER SADOWSKI | SECRETARY | 2 | — |
| BRYAN COY | TREASURER | 2 | — |
| PETER BRUAL | TRUSTEE | 2 | — |
| MICHELLE KERSCH | TRUSTEE | 2 | — |
| MICHAEL OATES | TRUSTEE | 2 | — |
| RANDALL M PAIS | TRUSTEE | 2 | — |
| THOMAS A SCHWARTZ | TRUSTEE | 2 | — |
| MICHAEL W SHELTON | TRUSTEE | 2 | — |
| MEGAN ORTIZ | TRUSTEE | 2 | — |
| CHRIS AZUR | TRUSTEE | 2 | — |
| FRANK R MARTIRE | TRUSTEE | 2 | — |
| PHIL DISMUKES | TRUSTEE | 2 | — |
| ANTHONY JABBOUR | TRUSTEE | 2 | — |
| PAUL KERN | TRUSTEE | 2 | — |
| KIRK LARSEN | TRUSTEE | 2 | — |
| JAMES WOODALL | TRUSTEE | 2 | — |
| CRAIG BARBER | TRUSTEE | 2 | — |
| ERIKA MEINHARDT | TRUSTEE | 2 | — |
| KIM FRANK | PRESIDENT | 30 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Folded Flag Foundation?
The Folded Flag Foundation is a nonprofit organization focused on Public, Societal Benefit, based in LAS VEGAS, NV. It holds $11.0M in total assets as of 2024.
How large is The Folded Flag Foundation?
As of 2024, The Folded Flag Foundation holds $11.0M in total assets with $4.7M in annual revenue.
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.
Explore Open Grants
Browse active grant opportunities in The Folded Flag Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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