Troops First Foundation Incorporated
TO DEVELOP, OPERATE, AND SUPPORT A SYNERGISTIC GROUP OF WELLNESS, QUALITY OF LIFE, AND EVENT-BASED INITIATIVES IN SUPPORT OF TODAY'S COMBAT-WOUNDED MILITARY PERSONNEL AND THEIR FAMILIES, WHILE FACILITATING A GREATER RECOGNITION AND ENHANCED UNDERSTANDING OF THEIR RELEVANT NEEDS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.7M
-15.7% YoY
Annual Giving
$223K
-33.3% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$74K
+11.2% YoY
About Troops First Foundation Incorporated
Based on IRS filings
Troops First Foundation Incorporated is a nonprofit organization focused on Public, Societal Benefit, based in MOUNT AIRY, MD. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 3 grants totaling $223K. Net investment income was $41K.
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 |
|---|---|---|
| Total Assets | $8,699,578 | $10,316,286 |
| Revenue | $1,539,337 | $2,877,585 |
| Expenses | $3,169,924 | $2,359,096 |
| Qualifying Distributions | — | — |
| Net Investment Income | $41,262 | $192,992 |
| 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 3 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD C KELL | CHIEF EXECUTIVE DIRECTOR | 40 | $170,000 |
| LINDSEY KELL-WEAVER | CHIEF FINANCIAL OFFICER | 40 | $100,000 |
| JOHN ABLON | BOARD MEMBER | 6 | — |
| JOE ANDERSON | BOARD MEMBER | 3 | — |
| ANTHONY M FAUCI | BOARD MEMBER | 5 | — |
| DAVID FEHERTY | BOARD MEMBER | 4 | — |
| ED GARAHAN | BOARD MEMBER | 8 | — |
| BILL LARKIN | BOARD MEMBER | 3 | — |
| JIM SMAIL | BOARD MEMBER | 2 | — |
| FRANK LARKIN | CHIEF OPERATING OFFICER | 40 | $160,000 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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