Overview
What is Folds Of Honor Arizona Chapter?
Folds of Honor Arizona Chapter is a charitable organization located in Scottsdale, Arizona. Its primary mission is to raise funds for the Folds of Honor Foundation, which offers financial aid to the spouses and children of fallen and disabled U.S. service members to support their education. The chapter contributes grant funds to the national organization, covering expenses such as tuition, books, fees, room and board, and other educational-related costs. In 2022, they provided the national organization with over 700,000 dollars for this purpose. Folds of Honor Arizona Chapter aims to help those who are usually ineligible for federal scholarship assistance, ensuring that they can pursue their education despite their family's circumstances.
Official website here: www.arizona.foldsofhonor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
Folds of Honor Arizona Chapter has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity is recognized for its strong governance, as evidenced by its fully independent board, which scored 8 out of 8 points. The organization also demonstrates good financial health, with an impressive program expense ratio of 97.21%, showing that the majority of its funds are directed towards its mission.
The charity maintains a comprehensive set of policies, including conflict of interest and whistleblower protections, both earning full points in their respective categories. Additionally, there have been no material diversions of assets, reflecting a commitment to responsible financial management. The presence of documented board meeting minutes further strengthens its transparency.
While the rating is commendable, it is important to consider that the overall score is based solely on accountability and finance metrics, with no additional beacons assessed. Stakeholders may look for more information on program effectiveness or impact to gain a fuller picture of the organization's performance.
This AI summary has been generated from information found on Charity Navigator.
Is Folds Of Honor Arizona Chapter legitimate?
Folds Of Honor Arizona Chapter is a legitimate nonprofit organization registered as a 501(c)(3) entity. Folds Of Honor Arizona Chapter 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.
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Official website here: www.arizona.foldsofhonor.org
What is the mission statement of Folds Of Honor Arizona Chapter?
The Folds of Honor Arizona Chapter's mission is centered around providing educational support to the spouses and children of fallen and disabled service members in the United States. This organization recognizes that a significant number of these families do not qualify for federal scholarship assistance, and it aims to address this issue. To achieve this, the chapter raises funds for the Folds of Honor Foundation, which in turn distributes financial assistance for the education-related expenses of these families. This aid covers costs such as tuition, school books, fees, on-campus room and board, approved educational tutoring, and other approved expenses. In 2022, the chapter contributed 706,444 dollars in grant funds to the national organization for this purpose.
Official website here: www.arizona.foldsofhonor.org
Who is the CEO of Folds Of Honor Arizona Chapter?
Ashley Trowbridge is the Chair of Folds Of Honor Arizona Chapter.
Official website here: www.arizona.foldsofhonor.org
What is the revenue of Folds Of Honor Arizona Chapter?
Folds Of Honor Arizona Chapter's revenue in 2022 was $657,426.
Official website here: www.arizona.foldsofhonor.org
Who are the executives of Folds Of Honor Arizona Chapter and what are their salaries?
There 17 volunteers at Folds Of Honor Arizona Chapter.
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Official website here: www.arizona.foldsofhonor.org
Where can I find the form 990 for Folds Of Honor Arizona Chapter?
Folds Of Honor Arizona Chapter's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arizona.foldsofhonor.org
Learn more at the official website: www.arizona.foldsofhonor.org
Mission Statement of Folds Of Honor Arizona Chapter
Folds of Honor Arizona Chapter is an organization dedicated to supporting the education of spouses and children of fallen and disabled service members. Recognizing that the majority of these families do not qualify for federal scholarship assistance, Folds of Honor Arizona Chapter aims to bridge this gap. By providing educational grants to qualified recipients, the organization helps subsidize tuition, school books, fees, on-campus room and board, approved educational tutoring, and other authorized expenses. In 2022, the chapter contributed 706,444 dollars to the national Folds of Honor organization for distribution to eligible Arizona recipients. This commitment to education allows the families of fallen and disabled service members to pursue their educational dreams, providing a crucial support system during challenging times.
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Impact
July, 2024
Folds Of Honor Arizona Chapter's impact lies in providing educational support to spouses and children of America's fallen and disabled service members. This crucial assistance helps cover tuition costs, school books, fees, and other educational expenses that might otherwise be unattainable for many families. In 2022 alone, the chapter provided over $700,000 in grant funds to qualified Arizona recipients, directly benefiting those who have sacrificed so much for our country. By filling the gap left by federal scholarship assistance, Folds Of Honor Arizona Chapter is making a tangible difference in the lives of military families, ensuring that education remains a possibility for those left behind by our fallen and disabled heroes.
This information is meant to be a general summary of Folds Of Honor Arizona Chapter. 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 2022.
- Gross Receipts: $850,319
Assets and Liabilities:
- Total Assets: $98,037
- Total Liabilities: $11,239
- Net Assets: $86,798
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Organization Details
Founding Year
2016
Phone
(480) 518-0363Principal Officer
Ashley Trowbridge
Main Address
8711 E PINNACLE RD PMB 326, Scottsdale, AZ, 85255
Website
www.arizona.foldsofhonor.orgNTEE Category
Code: B12 - Education
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