Veterans United Foundation
Veterans United Foundation is a public charity and 501(c)(3) organization based in Columbia, Missouri. Founded in November 2011, the foundation is the philanthropic division of Veterans United Home Loans. The organization is inspired, created, and substantially funded by Veterans United Home Loans employees, with more than 90 percent of employees contributing a percentage of their paychecks to the foundation. The foundation is dedicated to making a meaningful difference in the lives of veterans, service members, employees and their families, and the local communities served by Veterans United.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$38.7M
+1.7% YoY
Annual Giving
$9.1M
-8.3% YoY
Grant Count
344
-30.2% YoY
Avg Grant Size
$27K
+31.4% YoY
Mission & Focus Areas
Mission Statement: Inspired, created and fully funded by Veterans United Home Loans employees, Veterans United Foundation exists to enhance lives. Fueled by passion, generosity, and an unwavering commitment to give, the Foundation is dedicated to making a meaningful difference in the lives of veterans and service members, for employees and their families, and in local communities served by Veterans United.
Primary Focus Areas:
- Support for individuals and families actively serving or veterans of the U.S. military
- Education (including scholarships)
- Human services
- Community support in locations where Veterans United Home Loans offices are located
- Support is provided in the form of monetary gifts, scholarships, and non-monetary expenditures such as care packages or other charitable items
Grantmaking
Upon application, the foundation grants donations and non-monetary gifts to organizations and individuals. Grant decisions are made by an allocation committee consisting of six Veterans United Home Loans employees who are elected by their peers to serve two-year terms.
Grant Types
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations and communities in:
- Missouri
- Texas
- Virginia
- Locations where Veterans United Home Loans offices are located
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $38,712,984
- Total revenues: $10,340,552
- Total expenses: $13,734,981
As of 2023:
- Total assets: $38,072,782
- Total liabilities: $5,470,000
- Revenue: $7,490,000
- Expenses: $11,400,000
Rating: The organization holds a Four-Star rating with a 92% score based on accountability and finance metrics.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $38,712,984 | $38,072,782 | $39,387,904 |
| Revenue | $10,340,552 | $7,486,546 | $10,604,307 |
| Expenses | $13,734,981 | $11,400,824 | $17,537,860 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,681,807 | $138,319 | $73,367 |
| 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 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Veterans United Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Grant decisions are directed by an allocation committee consisting of six Veterans United Home Loans employees elected by their peers to serve two-year terms. Committee members are selected based on demonstrated desire to live out the company's core values and commitment to serving veterans and communities.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIK MORSE | PRESIDENT | 2 | — |
| EMILY WULFF | TREASURER | 0.5 | — |
| NATE JOHNSON | BOARD MEMBER | 0.5 | — |
| DAVE MUNNS | BOARD MEMBER | 0.5 | — |
| LORELI WILSON | SECRETARY | 0.5 | — |
| BROCK COOPER | BOARD MEMBER | 0.5 | — |
| JESS VOMUND | BOARD MEMBER | 0.5 | — |
Recent News & Activity
Recent developments and announcements
Employees of Veterans United Home Loans donated $14.3 million in 2025 through Veterans United Foundation, strengthening communities nationwide
Employees of Veterans United Home Loans Donated $14.3 Million in 2025 throughThe Food Bank for Central & Northeast Missouri received a $100,000 grant from the foundation
The Food Bank for Central & Northeast Missouri receives ... - KRCGThe foundation partnered with Cars 4 Missouri to gift vehicles to local veterans
How We Help - Veterans United FoundationThe foundation marked 10 years of enhancing lives, reflecting on its impact since inception in 2011
Veterans United Foundation Marks 10 Years of Enhancing LivesVoluntary Action Center in Columbia, Missouri received grants totaling $587,500 from the foundation for the Opportunity Campus and Basic Needs Services programs
Veterans United Foundation and Cars 4 Missouri Partner to Gift Vehicles toSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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