Overview
What is Air Force Academy Foundation?
The Air Force Academy Foundation is a nonprofit organization based in Colorado Springs, Colorado, specifically at 3116 Academy Drive, USAF Academy, CO 80840. Its primary mission is to support the United States Air Force Academy in its commitment to cultivating future leaders of character for the Air Force and Space Force, as well as the nation. By collaborating with the Association of Graduates, the organization extends its reach to serve the Academy's student body and graduates. Through its collective efforts, the Air Force Academy Foundation plays a crucial role in enhancing the academic, athletic, and character development programs at the United States Air Force Academy.
Official website here: www.afacademyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%, Four-Star out of Four Star Rating
The Air Force Academy Foundation has achieved an impressive score of 98%, reflecting its strong commitment to accountability and transparency. With a perfect score of 100 in accountability and finance, the foundation demonstrates sound financial practices, including effective oversight with an independent board composed of 96% independent members. The organization has received high marks across various financial metrics, indicating efficient management of resources, minimal liabilities, and effective fundraising efforts.
In addition to its financial strengths, the foundation excels in collecting and utilizing constituent feedback, scoring a full 100 in areas related to feedback collection and usage. This suggests a responsive approach to stakeholder engagement and a commitment to continuous improvement. The organization's proactive policies related to conflict of interest and whistleblower protections further bolster its standing in the nonprofit sector.
However, the organization has room for growth in its equity policies and processes, scoring significantly lower in this area compared to other metrics. While the foundation has made strides in equity strategies and data collection, enhancing its framework for equity policies could strengthen its overall impact and inclusiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Air Force Academy Foundation legitimate?
Air Force Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Air Force Academy Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,067,644
Professional Fundraising Fees: $287,519
Other Salaries and Wages: $1,722,181
For more financial information, click here
Official website here: www.afacademyfoundation.org
What is the mission statement of Air Force Academy Foundation?
The Air Force Academy Foundation works in collaboration with the Association of Graduates to support the US Air Force Academy in its mission to cultivate morally robust leaders for the Air Force, Space Force, and the nation. Through their efforts, they contribute to the Academy's educational programs, focusing on academics, athletics, character, and leadership development. By doing so, they help ensure the Academy continues to produce graduates capable of making a positive impact within military and civilian communities.
Official website here: www.afacademyfoundation.org
Who is the CEO of Air Force Academy Foundation?
Michael C Gould is the CEO of Air Force Academy Foundation The CEO's salary of Air Force Academy Foundation is $177,019 and their total compensation is $184,431.
Official website here: www.afacademyfoundation.org
What is the revenue of Air Force Academy Foundation?
Air Force Academy Foundation's revenue in 2023 was $40,863,986.
Official website here: www.afacademyfoundation.org
Who are the executives of Air Force Academy Foundation and what are their salaries?
The average compensation at Air Force Academy Foundation during 2023 was $60,648. There are 46 employees and 53 volunteers at Air Force Academy Foundation.
Here are 67 key members and their salaries (Air Force Academy Foundation's CEO's salary is $177,019 and their total compensation is $184,431):
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- Other: $37,016
- Compensation: $177,019
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- Compensation: $139,813
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Official website here: www.afacademyfoundation.org
Where can I find the form 990 for Air Force Academy Foundation?
Air Force Academy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.afacademyfoundation.org
Learn more at the official website: www.afacademyfoundation.org
Mission Statement of Air Force Academy Foundation
The Air Force Academy Foundation is a dedicated organization that plays a pivotal role in supporting the United States Air Force Academy in Colorado Springs, Colorado, in its mission to cultivate leaders of impeccable character for the Air Force and Space Force, as well as the nation. In collaboration with the Association of Graduates, this esteemed organization bolsters the Academy's efforts in developing future leaders.
The Air Force Academy Foundation's primary objective is to aid the Academy in its unwavering commitment to fostering character, academic excellence, and leadership skills among its students. By providing essential resources, the Foundation ensures the Academy can continue to thrive and produce graduates who are prepared to excel in their careers and contribute positively to society.
The organization's support extends to a broad range of academic, athletic, and character development programs at the United States Air Force Academy. These initiatives enable the Academy to maintain its position as a leading institution for producing distinguished and morally sound individuals, ready to serve their country and make a difference in the world. By investing in these vital programs, the Air Force Academy Foundation is instrumental in shaping the next generation of Air Force and Space Force leaders.
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Impact
October, 2024
The Air Force Academy Foundation has a profound impact on the development of future leaders within the Air Force, Space Force, and the nation. By providing vital support for academic, athletic, character, and leadership development programs, the Foundation plays a crucial role in enhancing the educational experience of cadets at the United States Air Force Academy in Colorado Springs, Colorado.
With a focus on fostering leadership qualities and character development, the Foundation collaborates closely with the Association of Graduates to ensure that cadets receive the resources and opportunities necessary to excel. This includes funding for innovative academic programs, athletic scholarships, and leadership training initiatives that prepare cadets for the challenges they will face as leaders in the military and beyond.
Through its commitment to philanthropy, the Air Force Academy Foundation not only enriches the lives of current cadets but also strengthens the future of the Air Force and the Space Force by cultivating a corps of principled leaders ready to serve their country. The Foundation's efforts contribute significantly to the legacy and mission of the Academy, ensuring that graduates are equipped to meet the demands of service and uphold the highest standards of integrity, service, and excellence.
This information is meant to be a general summary of Air Force Academy Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,653,376
- Gross Receipts: $58,128,751
Assets and Liabilities:
- Total Assets: $128,612,215
- Total Liabilities: $8,200,913
- Net Assets: $120,411,302
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Organization Details
Founding Year
2007
Principal Officer
Katie Willemarck
Website
www.afacademyfoundation.orgNTEE Category
Code: T20 - Philanthropy
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