CARING FOR MILITARY FAMILIES THE ELIZABETH DOLE FOUNDATION

EIN: 454292692 501(c)(3) Public & Societal Benefit

WASHINGTON, DC

Total Revenue
$8,221,551
Total Expenses
$8,605,972
Total Assets
$14,332,147
Net Assets
$10,293,683
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
VA
Phone
2022497170
Tax Period
2024-01-01 to 2024-12-31

CARING FOR MILITARY FAMILIES THE ELIZABETH DOLE FOUNDATION, founded in 2012, is a community nonprofit in the Public & Societal Benefit sector that reported $8.2M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

THE ELIZABETH DOLE FOUNDATION STRENGTHENS AND EMPOWERS AMERICA'S MILITARY CAREGIVERS AND THEIR FAMILIES BY RAISING PUBLIC AWARENESS, DRIVING RESEARCH, CHAMPIONING POLICY, AND LEADING COLLABORATIONS THAT MAKE A SIGNIFICANT IMPACT ON THEIR LIVES.

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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 $9,135,237
Program Service Revenue $0
Investment Income $156,603
Other Revenue $-1,070,289
TOTAL REVENUE $8,221,551

Expense Breakdown

Grants Paid $459,093
Salaries & Benefits $3,441,794
Fundraising Expenses $868,530
Program Expenses $6,606,086
Other Expenses $4,510,085
TOTAL EXPENSES $8,605,972

Year-over-Year Comparison

2024 2023 Change
Revenue $8,221,551 $9,550,090 -0.1%
Expenses $8,605,972 $8,277,316 +0.0%
Net Income $-384,421 $1,272,774 -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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
19
Employees
44
Volunteers
19

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
5
$579,452
Total Directors
20
$334,007
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH DOLE Chair Emeritus 40.0
Officer Director
$0 $0 $0
SANFORD D GREENBERG BOARD MEMBER 1.0
Officer Director
$0 $0 $0
STEVE SCHWAB CEO 40.0
Officer Director
$311,085 $22,922 $334,007
STEWART MCLAURIN BOARD MEMBER 1.0
Officer Director
$0 $0 $0
ALI ZENKO BOARD MEMBER 1.0
Director
$0 $0 $0
ARISTIDE COLLINS Treasurer 2.0
Director
$0 $0 $0
BOB MCDONALD CHAIRMAN OF THE BOARD 2.0
Director
$0 $0 $0
JEFFREY DIVNEY BOARD MEMBER 1.0
Director
$0 $0 $0
JOEL KOBERT BOARD MEMBER 1.0
Director
$0 $0 $0
JOHN D KEMP BOARD MEMBER 1.0
Director
$0 $0 $0
JOHN HUGHES BOARD MEMBER 1.0
Director
$0 $0 $0
KIMBERLY MINGO BOARD MEMBER 1.0
Director
$0 $0 $0
LIZ PORTER BOARD MEMBER (AS OF 07/24) 1.0
Director
$0 $0 $0
MICHAEL STEEL BOARD MEMBER 1.0
Director
$0 $0 $0
PATRICK MELLODY BOARD MEMBER 1.0
Director
$0 $0 $0
PHIL ROE BOARD MEMBER 1.0
Director
$0 $0 $0
ROBIN PORTMAN Vice Chair of the Board, Secretary 2.0
Director
$0 $0 $0
SCOTT BLACKBURN BOARD MEMBER (AS OF 07/24) 1.0
Director
$0 $0 $0
TRAVIS DALTON BOARD MEMBER 1.0
Director
$0 $0 $0
WAYNE PEACOCK VICE-CHAIR OF THE BOARD 2.0
Director
$0 $0 $0
ELIZABETH FIELD CHIEF OPERATING OFFICER 40.0
Officer
$228,090 $17,355 $245,445
CLEMENTINA M CORDOVA VP of Events 40.0
Highest
$141,814 $14,994 $156,808
KEVIN STAFFORD DIRECTOR OF FINANCE 40.0
Highest
$135,265 $36,439 $171,704
KIRSTEN A FEYLING VP of Development and Engagement 40.0
Highest
$157,464 $6,266 $163,730
LISELL E PACHECO SENIOR DIRECTOR, PROGRAMS 40.0
Highest
$101,174 $17,902 $119,076
PAVEL J SULLIVAN SR VP, FIN. & ADMINISTRATION 40.0
Highest
$175,553 $28,580 $204,133
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 $8,221,551 $8,605,972 $14,332,147 $-384,421
2023 $9,550,090 $8,277,316 $12,175,881 $1,272,774
2023 $9,550,090 $8,277,316 $12,175,881 $1,272,774
2022 $10,326,941 $8,730,889 $11,142,750 $1,596,052
2022 $10,326,941 $8,730,889 $11,142,750 $1,596,052
2021 $7,173,277 $6,398,954 $8,548,001 $774,323
2021 $7,173,277 $6,398,954 $8,548,001 $774,323
2020 $7,773,533 $5,671,183 $7,577,531 $2,102,350
2019 $4,426,280 $4,809,227 $5,127,584 $-382,947
2018 $4,923,991 $3,406,504 $5,550,805 $1,517,487
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