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AIR Force Academy Foundation

Public charity
DBA: % KATIE WILLEMARCK CFO
Foundations · USAF ACADEMY, CO · EIN 26-0537053
OverviewMoney InMoney OutPeopleConnected OrgsPositionsInterviewEndorsements

About

To be an association and foundation of influence and impact, supporting the academy's enduring mission of developing leaders of character for the nation, and providing a lifetime of service to the long blue line. (cont'd. On sch. O)

In care of Katie Willemarck CFO

Donations are tax-deductible
Category
Foundations
Employees
46
Volunteers
53

Financial Snapshot

FY ending 2023-12-31
Revenue
$40.9M
Expenses
$28.4M
Assets
$156.5M
Liabilities
$14.4M

Financial history

$40.9M$20.4M$0
1617181920212223
RevenueExpenses
Latest FY2023: $40.9M · Avg: $28.0M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$19.7M
AIR FORCE ACADEMY FOUNDATION
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Address

3115 Academy DR
USAF Academy, CO, 80840-000

Governance

Voting board members59
Independent members57
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$287K
Net to org$33K
Retained by contractors$254K
ChannelsPhone · Email
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
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IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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