Overview
What is The Falcon Foundation?
The Falcon Foundation is a nonprofit organization situated in USAF Academy, Colorado. Its primary mission is to provide scholarship opportunities for highly motivated and exceptional young individuals, enabling them to pursue their education at the United States Air Force Academy. Annually, the foundation grants up to 100 scholarships to attend one of five preparatory schools, with each scholarship covering a significant portion of the scholarship recipient's tuition, room, and board expenses. The scholarship amount varies depending on the preparatory school chosen, with the foundation bearing 50% of the cost, the school offering a 25% scholarship, and the family contributing the remaining 25%. The Falcon Foundation's team consists of two dedicated employees, working tirelessly to fulfill this noble mission.
Official website here: www.falconfoundation.org
Is The Falcon Foundation legitimate?
The Falcon Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Falcon 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.
Here are some key statistics you may want to consider:
Executive Compensation: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,320
For more financial information, click here
Official website here: www.falconfoundation.org
What is the mission statement of The Falcon Foundation?
The Falcon Foundation's mission is centered around expanding opportunities for highly motivated and exceptional young individuals. By offering Falcon Foundation scholarships, the organization aims to facilitate the attendance of these individuals at the United States Air Force Academy. The scholarship program, which includes funding for tuition, room and board, and school scholarships, enables high-achieving candidates to attend one of five preparatory schools, thereby increasing their chances of getting admitted into the USAF Academy the following year. The scholarships are tailored to the cost structure of each preparatory school, ensuring that the award amount varies accordingly.
Official website here: www.falconfoundation.org
Who is the CEO of The Falcon Foundation?
Steve Lorenz is the President of The Falcon Foundation.
Official website here: www.falconfoundation.org
What is the revenue of The Falcon Foundation?
The Falcon Foundation's revenue in 2022 was $1,004,255.
Official website here: www.falconfoundation.org
Who are the executives of The Falcon Foundation and what are their salaries?
The average compensation at The Falcon Foundation during 2022 was $93,660. There are 2 employees and 70 volunteers at The Falcon Foundation.
Here are 19 key members and their salaries:
- Steve Lorenz (President) [Trustee/Director]
- William Begert (Chairman) [Trustee/Director]
- Matthew Byrd (Vice President) [Trustee/Director]
- Andrea Andersen (Vp And General Counsel) [Trustee/Director]
- Dale Meyerrose (Treasurer) [Trustee/Director]
- Rita Jordan (Secretary) [Trustee/Director]
- Tony Robertson (Vice Chairman) [Trustee/Director]
- Jason Herman (Finance Committee Chair) [Trustee/Director]
- Kathy Barchick (Investment Committee Chair) [Trustee/Director]
- Charles Heflebower (At Large Governing Trustee)
- Leon Johnson (Nominating Committee Chair) [Trustee/Director]
- Susan Desjardins (At Large Governing Trustee)
- John Dallager (Compensation Committee Chair) [Trustee/Director]
- Carolyn Benyshek (Scholarship Committee Chair) [Trustee/Director]
- Edward Rice (Gov & Strat Committee Chair) [Trustee/Director]
- Kate Macintosh (At Large Governing Trustee)
- Nicholas Wilson (Audit Committee Chair) [Trustee/Director]
- William Looney (At Large Governing Trustee)
- Jarisse Sanborn (Vp And General Counsel) [Trustee/Director]
Official website here: www.falconfoundation.org
Where can I find the form 990 for The Falcon Foundation?
The The Falcon Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.falconfoundation.org
Learn more at the official website: www.falconfoundation.org
Mission Statement of The Falcon Foundation
The Falcon Foundation, a nonprofit organization, is dedicated to expanding the opportunities for highly motivated and exceptional young men and women to attend the United States Air Force Academy. Its mission is to provide scholarships, enabling these individuals to attend one of five preparatory schools. By doing so, these scholars can subsequently qualify for admission into the USAF Academy the following year. The scholarship awarded by The Falcon Foundation is a combination of tuition, room and board, school scholarship, and family contribution, with the percentage varying between schools due to differing tuition costs. The foundation offers five prep schools, each with its unique tuition and boarding fees, thereby influencing the scholarship amount for each Falcon Scholar.
Impact
This information is meant to be a general summary of The Falcon Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Falcon Foundation's impact lies in providing highly motivated and exceptional young men and women with the opportunity to attend the United States Air Force Academy through the award of Falcon Foundation Scholarships. This scholarship program offers up to 100 annual scholarships to attend one of five preparatory schools, enabling Falcon scholars to qualify for admission into the USAF Academy the following year. Each scholarship covers a portion of school tuition, room and board, school scholarship, and family costs, making it possible for students to pursue their dreams of attending the prestigious academy. This support significantly contributes to shaping the future leaders of the United States Air Force.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1958
Phone
(719) 333-4096
Principal Officer
Steve Lorenz
Main Address
3116 Academy Drive Ste 200, USAF Academy, CO, 808404400
Website
www.falconfoundation.org
NTEE Category
Code: B82 - Education
If you are a representative of The Falcon Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.