VETERANS OF FOREIGN WARS FOUNDATION

EIN: 431758998 501(c)(3) Employment

Kansas City, MO

Total Revenue
$6,199,818
Total Expenses
$7,004,785
Total Assets
$23,637,854
Net Assets
$23,319,058
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MO
Principal Officer
Dan West
Phone
8167563390
Tax Period
2024-09-01 to 2025-08-31

VETERANS OF FOREIGN WARS FOUNDATION, founded in 1996, is a community nonprofit in the Employment sector that reported $6.2M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $7.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

THE VFW FOUNDATION'S MISSION IS TO SERVE AND ENHANCE THE LIVES OF MILITARY VETERANS, SERVICE MEMBERS, AND THEIR FAMILIES BY SECURING RESOURCES TO PROMOTE POSITIVE OUTCOMES.

Program Service Accomplishments

Program 1
Expenses: $5,010,513

Veterans Service Activities - The mission is to secure, manage and distribute resources to support veterans, active-duty personnel, the National Guard and reserve, their families, and communities...

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Veterans Service Activities - The mission is to secure, manage and distribute resources to support veterans, active-duty personnel, the National Guard and reserve, their families, and communities. The VFW Foundation, in support of this mission, assisted over 12 military families in need of financial assistance with disbursements of $27,245 through the Un-Met Needs program to help families experiencing financial hardships with mortgage, car loans, utilities and other payments. The VFW Foundation provided grants of $200,000 that were used for recognition events for military members and their families and other programs to assist veterans. The VFW Foundation provided grants of $583,000 to the VFW that were or will be used to help veteran families impacted by natural disasters. The VFW Foundation expended $1,375,000 to provide scholarships for the VFW's Help-A-Hero Scholarship program. This program provides up to $5,000 in scholarships to veterans or current military personnel with a rank of E-5 or below. Additionally, the VFW Foundation expended $2,150,000 to support VFW Service Officers. These officers play a key role in assisting veterans in dealing with the Department of Veterans Affairs and other agencies. These officers are formally trained and accredited to represent veterans and their dependents or survivors. This structure ensures that no veteran, dependent or survivor needs to deal with the agencies administering veteran's programs without expert representation. For the 2025 federal fiscal year, the Department of Veterans Affairs reported over 608,000 veterans and eligible dependents represented by VFW Service Officers received more than $16.2 billion in earned benefits.

Program 2
Expenses: $1,028,744

Community Service & Public Awareness - The mission supports programs that foster patriotism, citizenship education and volunteerism, community improvement and youth development programs. The VFW...

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Community Service & Public Awareness - The mission supports programs that foster patriotism, citizenship education and volunteerism, community improvement and youth development programs. The VFW Foundation made grants of $650,000 to assist VFW Posts and Auxiliaries with outreach projects in their respective communities, so that VFW Posts could continue to be a resource for their local communities. Additionally, the VFW Foundation provided a grant of $145,000 to help support a trip that recognizes high school students that were awarded scholarships based on essays they wrote on a patriotic theme.

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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 $5,509,025
Program Service Revenue $0
Investment Income $690,793
Other Revenue $0
TOTAL REVENUE $6,199,818

Expense Breakdown

Grants Paid $5,704,765
Salaries & Benefits $650,479
Fundraising Expenses $475,286
Program Expenses $6,039,257
Other Expenses $649,541
TOTAL EXPENSES $7,004,785

Year-over-Year Comparison

2024 2023 Change
Revenue $6,199,818 $7,276,524 -0.1%
Expenses $7,004,785 $4,703,402 +0.5%
Net Income $-804,967 $2,573,122 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Freiburghouse Manager 45.0
Highest
$116,664 $21,565 $138,229
Dan West President 5.0
Officer Director
$0 $0 $0
Marc Garduno Secretary/Treasurer 5.0
Officer Director
$0 $0 $0
Alfred Lipphardt Board Member 1.0
Director
$0 $0 $0
Ann Panteleakos Board Member 1.0
Director
$0 $0 $0
Gordon Logan Board Member 1.0
Director
$0 $0 $0
Michael DeRosa Board Member 1.0
Director
$0 $0 $0
Jordan Drury Board Member 1.0
Director
$0 $0 $0
Prasad Reddy Board Member 1.0
Director
$0 $0 $0
Robert Wallace Board Member 1.0
Director
$0 $0 $0
Hal Roesch Exec. Director hired 1/1/2025 50.0
Officer
$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
2025 $6,199,818 $7,004,785 $23,637,854 $-804,967
2024 $7,276,524 $4,703,402 $23,137,336 $2,573,122
2023 $6,641,559 $4,821,481 $18,903,417 $1,820,078
2022 $5,347,334 $4,854,560 $17,866,324 $492,774
2021 $6,485,072 $4,878,773 $20,003,890 $1,606,299
2020 $9,967,969 $4,182,841 $16,881,793 $5,785,128
2019 $4,464,782 $4,937,322 $10,425,048 $-472,540
2018 $6,086,433 $5,943,380 $11,104,343 $143,053
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