This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2023
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2023 | 990 | $40,863,986 | $28,355,772 | $20,554,505 | $156,547,159 | $142,142,055 |
| FY2022 | 990 | $39,131,560 | $16,327,301 | $10,809,418 | $128,612,215 | $120,411,302 |
| FY2021 | 990 | $31,160,927 | $15,838,295 | $9,307,952 | $121,910,731 | $111,610,954 |
| FY2020 | 990 | $26,764,643 | $41,752,359 | $36,566,677 | $103,993,118 | $89,448,428 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 80% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| UNITED STATES AIR FORCE ACADEMYUSAF Academy, CO | See Part IV | $15,597,368 | 2023 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Hille | President | 40.0 | $405,228 |
| Katie Willemarck | Chief Financial Officer | 40.0 | $190,406 |
| Christopher Brewer | Vice President, Development | 40.0 | $189,091 |
| Dennis Scruggs | Exec Vice Pres. (to 6/2023) |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| See Part IV |
| $9,917,323 |
| 2021 |
| UNITED STATES AIR FORCE ACADEMYUSAF Academy, CO | See Part IV | $8,556,971 | 2022 |
| AIR FORCE ACADEMY ATHLETIC CORPORATIONUSAF Academy, CO | See Part IV | $3,737,294 | 2023 |
| ASSOCIATION OF GRADUATES OF THE USAFAUSAF Academy, CO | See Part IV | $1,028,418 | 2022 |
| Air Force Academy Real Estate TrustUSAF Academy, CO | PUrchase of investments | $1,000,000 | 2022 |
| ASSOCIATION OF GRADUATES OF THE USAFAUSAF Academy, CO | See Part IV | $891,747 | 2023 |
| ASSOCIATION OF GRADUATES OF THE USAFACOLORADO SPRINGS, CO | See Part IV | $868,491 | 2021 |
| AIR FORCE ACADEMY ATHLETIC CORPORATIONCOLORADO SPRINGS, CO | See Part IV | $408,971 | 2021 |
| AIR FORCE ACADEMY ATHLETIC CORPORATIONUSAF Academy, CO | See Part IV | $174,478 | 2022 |
| Air Force Academy Real Estate TrustUSAF Academy, CO | PUrchase of investments | $100,000 | 2023 |
| Academy Research and Development InstituteColorado Springs, CO | See Part IV | $70,590 | 2023 |
| FALCON FOUNDATIONUSAF Academy, CO | See Part IV | $67,709 | 2023 |
| FALCON FOUNDATIONUSAF Academy, CO | See Part IV | $37,777 | 2022 |
| FALCON FOUNDATIONCOLORADO SPRINGS, CO | See Part IV | $16,130 | 2021 |
| 0.0 |
| $194,590 |
| Kelly Banet | Senior Vice President | 40.0 | $167,169 |
| Michael C Gould | Chief Executive Officer | 38.0 | $177,019 |
| Wyatt Hornsby | VICE PRESIDENT, COMMUNICATIONS | 40.0 | $139,813 |
| Dale Zschoche | EXECUTIVE DIRECTOR, PLANNED GI | 40.0 | $125,052 |
| Vincent Greco | SENIOR DEVELOPMENT DIRECTOR | 40.0 | $107,576 |
| John N Kucera | Chair(to 8/23), Dir(from 8/23) | 1.0 | $0 |
| Alexander P Gilbert Chairfrom | 8/23),Vice Chair (to 8/23) | 1.0 | $0 |
| April S Fitzgerald | Secretary | 1.0 | $0 |
| Jerome V Bruni | Treasurer | 1.0 | $0 |
| Terrence O'Donnell | Executive Committee | 1.0 | $0 |
| Terrance M Drabant | Advisor to Executive Committee | 1.0 | $0 |
| William J Hybl | Honorary Director | 1.0 | $0 |
| Dana H Born | Director | 1.0 | $0 |
| John D Childs | Director | 1.0 | $0 |
| William Clohan | Director | 1.0 | $0 |
| Evan M Dadosky | Director | 1.0 | $0 |
| Stephen M Dickson Dir To 823 | Vice Chair (from 8/2023) | 1.0 | $0 |
| A Tanner Doss | Director | 1.0 | $0 |
| Ralph E Eberhart | Director | 1.0 | $0 |
| Leonard Ekman | Director | 1.0 | $0 |
| John M Fox | Director | 1.0 | $0 |
| Jeffrey M Frient | Director | 1.0 | $0 |
| Brian C Gornick | Director | 1.0 | $0 |
| Alexander F Granados | Director | 1.0 | $0 |
| A Bart Holaday | Director | 1.0 | $0 |
| Bradley C Hosmer | Director | 1.0 | $0 |
| Rashad Howard | Director | 1.0 | $0 |
| Max F James | Director | 1.0 | $0 |
| Edward R Jayne | Director | 1.0 | $0 |
| Paul G Kaminski | Director | 1.0 | $0 |
| J Scott Kirby | Director | 1.0 | $0 |
| Matthew J Kuta | Director | 1.0 | $0 |
| H Michael Lambert | Director | 1.0 | $0 |
| P Michael Leahy | Director | 1.0 | $0 |
| Edward E Legasey | Director | 1.0 | $0 |
| Rod R Little | Director | 1.0 | $0 |
| Eugene Lupia | Director | 1.0 | $0 |
| Stephen Macleod | Director | 1.0 | $0 |
| Paul S Madera | Director | 1.0 | $0 |
| Sarah J Marshall | Director | 1.0 | $0 |
| John W Martin | Director | 1.0 | $0 |
| John H Martinson | Director | 1.0 | $0 |
| Richard D Mcconn | Director | 1.0 | $0 |
| John F Olive | Director | 1.0 | $0 |
| Harry J Pearce | Director | 1.0 | $0 |
| Charles E Phillips | Director | 1.0 | $0 |
| Gregg C Popovich | Director | 1.0 | $0 |
| Edward G Reisdorf | Director | 1.0 | $0 |
| Paul Rossetti | Director | 1.0 | $0 |
| Daniel J Schnepf | Director | 1.0 | $0 |
| Norton A Schwartz | Director | 1.0 | $0 |
| Cheryl L Shavers | Director | 1.0 | $0 |
| Thomas A Stein | Director | 1.0 | $0 |
| H Wesley Stowers | Director | 1.0 | $0 |
| David J Strobel | Director | 1.0 | $0 |
| William E Wecker | Director | 1.0 | $0 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending Dec 31, 2024IRS bulk XML
Filing id 202541349349310989
Form 990 · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202421359349305092
Form 990 · FY2022 · period ending Dec 31, 2022
Filing id 202341519349300509
Form 990 · FY2021 · period ending Dec 31, 2021
Filing id 202231369349304998
Form 990 · FY2020 · period ending Dec 31, 2020
Filing id 202121349349304267
Form 990 · FY2019 · period ending Dec 31, 2019
Filing id 202012269349302211
Form 990 · FY2018 · period ending Dec 31, 2018
Filing id 201941509349301259
Form 990 · FY2017 · period ending Dec 31, 2017
Filing id 201802339349300960
Form 990 · FY2016 · period ending Dec 31, 2016
Filing id 201731329349304363
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.