PAT TILLMAN FOUNDATION

EIN: 201072336 501(c)(3) Philanthropy & Grantmaking

CHICAGO, IL

Total Revenue
$5,720,794
Total Expenses
$5,049,008
Total Assets
$6,673,196
Net Assets
$5,632,464
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CA
Principal Officer
MARIE TILLMAN SHENTON
Phone
7733605277
Tax Period
2024-01-01 to 2024-12-31

PAT TILLMAN FOUNDATION, founded in 2004, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $5.0M left a modest 12% surplus.

Mission

IN 2002, PAT TILLMAN PROUDLY PUT HIS NFL CAREER WITH THE ARIZONA CARDINALS ON HOLD TO SERVE HIS COUNTRY. FAMILY AND FRIENDS ESTABLISHED THE PAT TILLMAN FOUNDATION FOLLOWING PAT'S DEATH IN APRIL 2004 WHILE SERVING WITH THE 75TH RANGER REGIMENT IN AFGHANISTAN. CREATED TO HONOR PAT'S LEGACY OF LEADERSHIP AND SERVICE, THE PAT TILLMAN FOUNDATION INVESTS IN MILITARY VETERANS AND THEIR SPOUSES THROUGH ACADEMIC SCHOLARSHIPS-BUILDING A DIVERSE COMMUNITY OF LEADERS COMMITTED TO SERVICE TO OTHERS. FOR MORE INFORMATION ON THE PAT TILLMAN FOUNDATION, VISIT WWW.PATTILLMANFOUNDATION.ORG. FOUNDED IN 2008, THE TILLMAN SCHOLARS PROGRAM SUPPORTS OUR NATION'S ACTIVE-DUTY SERVICE MEMBERS, VETERANS AND MILITARY SPOUSES BY INVESTING IN THEIR HIGHER EDUCATION. THE SCHOLARSHIP PROGRAM COVERS DIRECT STUDY-RELATED EXPENSES, INCLUDING TUITION AND FEES, BOOKS AND LIVING EXPENSES, FOR SCHOLARS WHO ARE PURSUING UNDERGRADUATE, GRADUATE OR POST-GRADUATE DEGREES AS A FULL-TIME STUDENT AT A PUBLIC OR PRIVATE, U.S.-BASED

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,436,349
Program Service Revenue $0
Investment Income $164,776
Other Revenue $119,669
TOTAL REVENUE $5,720,794

Expense Breakdown

Grants Paid $1,466,750
Salaries & Benefits $2,000,256
Fundraising Expenses $872,572
Program Expenses $3,521,946
Other Expenses $1,549,502
TOTAL EXPENSES $5,049,008

Year-over-Year Comparison

2024 2023 Change
Revenue $5,720,794 $4,945,986 +0.2%
Expenses $5,049,008 $5,569,363 -0.1%
Net Income $671,786 $-623,377 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
27
Volunteers
827

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$217,670
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE STEELE CEO 40.00
Officer
$211,088 $6,582 $217,670
COLLEEN REANEY HEAD OF TLI 40.00
Highest
$131,684 $6,580 $138,264
MICHELLE MARTIN DIRECTOR OF 40.00
Highest
$121,482 $0 $121,482
ROBERT FAULK PAT TILLMAN 40.00
Highest
$104,536 $0 $104,536
MICHAEL BIDWELL DIRECTOR 2.00
Director
$0 $0 $0
JOE BROWNE DIRECTOR 2.00
Director
$0 $0 $0
MARGARET CORTEZI DIRECTOR 2.00
Director
$0 $0 $0
BRETT FUNCK DIRECTOR 2.00
Director
$0 $0 $0
ALEX GARWOOD DIRECTOR 2.00
Director
$0 $0 $0
CHRIS HART VICE CHAIR 2.00
Officer Director
$0 $0 $0
BENJAMIN HILL TREASURER 2.00
Officer Director
$0 $0 $0
AMBER MANKE DIRECTOR 2.00
Director
$0 $0 $0
LAZAR RAYNAL DIRECTOR 2.00
Director
$0 $0 $0
IAN SACKS DIRECTOR 2.00
Director
$0 $0 $0
JOE SHENTON DIRECTOR 2.00
Director
$0 $0 $0
MARIE TILLMAN SHENTON CHAIR 2.00
Officer Director
$0 $0 $0
JOHN SVOBODA DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINE WILKINSON DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $5,720,794 $5,049,008 $6,673,196 $671,786
2023 $4,945,986 $5,569,363 $5,748,892 $-623,377
2022 $5,161,720 $5,115,473 $6,402,784 $46,247
2021 $5,314,322 $4,020,132 $5,928,677 $1,294,190
2020 $3,681,025 $3,240,972 $4,713,801 $440,053
2019 $3,942,827 $3,551,146 $3,938,938 $391,681
2018 $3,782,090 $3,326,957 $3,516,738 $455,133
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