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Word Of Honor Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473063401 ✦ Bellevue, ID ✦ Designated as a 501(c)(3)

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Overview

What is Word Of Honor Fund?

Word of Honor Fund is a nonprofit organization situated in Bellevue, Idaho, with a mission to honor the promises made by fallen Special Operations personnel, particularly SEALs, to their children. By leveraging donations and the expertise of their community, they ensure that the surviving children can live out their father's dreams. The organization offers a range of support, facilitating significant life events for these children, ensuring they continue to thrive and remember their heroic fathers. Word of Honor Fund's work is carried out by a dedicated team of six individuals.


Official website here: www.wordofhonorfund.com

Is Word Of Honor Fund legitimate?

Word Of Honor Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Word Of Honor Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,045

For more financial information, click here


Official website here: www.wordofhonorfund.com

What is the mission statement of Word Of Honor Fund?

The Word of Honor Fund's mission is to offer a comprehensive support system that enables the surviving children of SEALs and Special Operations personnel, who perish while serving with a specific Naval Special Operations Group, to participate in significant life milestones. The organization is dedicated to upholding the wishes of the fallen heroes by ensuring their children can live their lives as they had envisioned before their tragic demise. The Word of Honor Fund relies on the generosity of donors, the trust of the bereaved families, and the guidance provided by members of the special operations community to honor these commitments. Their support includes facilitating milestone events and providing mentorship to the affected families.


Official website here: www.wordofhonorfund.com

What is the revenue of Word Of Honor Fund?

Word Of Honor Fund's revenue in 2023 was $579,257.


Official website here: www.wordofhonorfund.com

Who are the executives of Word Of Honor Fund and what are their salaries?

The average compensation at Word Of Honor Fund during 2023 was $17,341. There are 6 employees at Word Of Honor Fund.

Here are 5 key members and their salaries:


Ed Rasmussen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Amick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalie Shepard (Vp/Sect'Y)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mari Mcstay (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Shepard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wordofhonorfund.com

Where can I find the form 990 for Word Of Honor Fund?

Word Of Honor Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wordofhonorfund.com

Learn more at the official website: www.wordofhonorfund.com

Mission Statement of Word Of Honor Fund

The Word of Honor Fund is a nonprofit organization dedicated to honoring the promises and legacies of SEALs and Special Operations personnel who tragically lose their lives while serving in a select Naval Special Operations Group. The organization's mission is to support the surviving children of these fallen heroes by facilitating milestone events that were once planned by their fathers. By doing so, the Word of Honor Fund aims to ensure that these children experience life as their father had envisioned, despite the premature loss. The organization relies on the generous donations of supporters, the trust of the surviving families, and the mentorship of the special operations community to fulfill its mission.

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Impact




October, 2024

The Word Of Honor Fund significantly impacts the lives of surviving children of SEALs and Special Operations personnel who have fallen in the line of duty. By providing a continuum of support that facilitates milestone events, the Fund ensures that these children experience key moments in life that reflect the dreams and intentions their parents had for them.

Through its programs, Word Of Honor helps to honor the promises made by fallen heroes, ensuring that their legacy lives on. The Fund not only delivers financial support for important life events but also fosters mentorship through connections with members of the special operations community. This mentorship offers guidance, encouragement, and a sense of belonging that is vital for the development of these children as they navigate life without their parents.

By bridging the gap created by the loss of their loved ones, the Word Of Honor Fund plays a crucial role in helping these children build a future that their parents would have wanted for them, transforming grief into hope and commitment.




This information is meant to be a general summary of Word Of Honor Fund. 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.

Revenue
$579,257 (2023)
Expenses
$387,855 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $48,751
  • Gross Receipts: $663,302

Assets and Liabilities:

  • Total Assets: $1,400,487
  • Total Liabilities: $3,580
  • Net Assets: $1,396,907

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Organization Details

Founding Year

2014

Principal Officer

Louis Shepard

NTEE Category

Code: P20 - Human services

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