1st Infantry Division Foundation
- Assets
- $3.5m
- Revenue
- $207.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Ambler, PA
- Founding
- 05/1967
- Data as of
- 12/2021
- EIN
- 20-1722471
Organization Overview
1st Infantry Division Foundation is located in Ambler, PA. The organization was established in 1967. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1st Infantry Division Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, 1st Infantry Division Foundation generated $207.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $145.2k during the year ending 12/2021. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE EDUCATIONAL AND EMERGENCY ASSISTANCE TO SOLDIERS, VETERANS, AND THEIR FAMILIES WHO SERVED IN THE FIRST INFANTY DIVISION OF THE UNITED STATES ARMY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATION SCHOLARSHIPS TO SOLDIERS AND THEIR FAMILIES OF THE FIRST INFANTRY OF THE UNITED STATES ARMY. THE ORGANIZATION ASSISTED 31 RECIPIENTS
TO PROVIDE FUNDS TO BUILD A WASHINGTON D.C. MONUMENT DEDICATED TO ALL WHO SERVED IN THE FIRST INFANTRY DIVISION.
PROVIDES FLOWERS FOR FUNERALS OF FALLEN COMBAT SOLDIERS AND MEMORIALS.
TO BUILD A WASHINGTON D.C. MONUMENT FOR FALLEN SOLDIERS OF THE FIRST INFANTRY SERVING IN THE MIDDLE EAST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Sanford Secretary & | OfficerTrustee | 2.5 | $20,000 |
Csm John D Fourhman Ret Chairman And | OfficerTrustee | $0 | |
Ltg Roanld Watts Usa Ret Trustee | Trustee | $0 | |
Steven E Clay Trustee | Trustee | $0 | |
Bob Corbin Trustee | Trustee | $0 | |
Jack Durham Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,299 |
| Total Program Service Revenue | $0 |
| Investment income | $66,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $70,049 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $98,209 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,709 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,194 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,448 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $145,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $415,619 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,105,433 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,521,052 |
| Accounts payable and accrued expenses | $220 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $220 |
| Net assets without donor restrictions | $3,255,772 |
| Net assets with donor restrictions | $265,060 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,521,052 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that 1st Infantry Division Foundation has recieved totaling $32,500.
| Awarding Organization | Amount |
|---|---|
Depuy Fam Foundation Tr Alexandria, VA PURPOSE: SUPPORT EDUCATION BENEFITS PROGRAM | $12,000 |
Depuy Fam Foundation Tr Alexandria, VA PURPOSE: SUPPORT EDUCATION BENEFITS PROGRAM | $12,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Black Veterans For Social Justice Inc Brooklyn, NY | $26,444,662 | $57,468,816 |
Disabled Veterans National Foundation Lanham, MD | $4,002,703 | $34,751,168 |
Veterans Multi-Service Center Inc Philadelphia, PA | $4,990,474 | $14,923,218 |
Americas Vetdogs The Veterans K9 Corps Inc Smithtown, NY | $4,103,216 | $9,390,820 |
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Spinal Association Inc Kew Gardens, NY | $8,457,849 | $8,910,555 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
Naval Academy Sailing Foundation Inc Annapolis, MD | $38,236,455 | $2,114,798 |
Amvets Lanham, MD | $9,484,148 | $3,609,128 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
Air Force Sergeants Association Suitland, MD | $6,098,663 | $3,171,289 |
Veterans Research Foundation Pittsburgh, PA | $4,865,557 | $2,533,091 |