Green Beret Foundation is located in Montgomery, TX. The organization was established in 2010. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2023, Green Beret Foundation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Beret 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 12/2023, Green Beret Foundation generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 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.
Since 2016, Green Beret Foundation has awarded 15 individual grants totaling $456,529. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FINANCIAL ASSISTANCE, SUPPORT, AND LIAISING FOR THE WOUNDED, ILL, INJURED AND THE FAMILY MEMBERS (INCLUDING KILLED IN ACTION) OF THE SPECIAL FORCES REGIMENT (GREEN BERETS) WHEN THE CARE SYSTEM DOES NOT COVER THE NEED DIRECTLY RELATED TO THE HEALTH AND WELFARE OF THAT SERVICE MEMBER OR THEIR FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASUALTY SUPPORT: CASUALTY SUPPORT IS PROVIDED IN TWO FORMS: C3 CHECK AND GORUCK GR1. AS A MATTER OF PRACTICE, THE GREEN BERET FOUNDATION ("GBF") IMMEDIATELY PROVIDES A $2,500 CHECK TO OFFSET HISTORICALLY PREDICTABLE AND UNPREDICTABLE EXPENSES AND A HIGHLY SPECIALIZED RUCKSACK PACKED WITH NON-TRIVIAL ESSENTIALS TO THOSE GREEN BERETS THAT HAVE BEEN MEDEVAC'D AWAY FROM THEIR PERMANENT DUTY STATION. THIS RUCKSACK IS A TOOL TO COMMUNICATE OUR INITIAL ENGAGEMENT WITH THE GREEN BERET AND THEIR FAMILY. WE ENGAGE IMMEDIATELY AND REMAIN ENGAGED WITH THAT FAMILY. AS CASUALTY IMPACTS NOT JUST THE SOLDIER, BUT ALSO THEIR ENTIRE FAMILY. GBF STEPS IN TO PROVIDE THE EXTRA SUPPORT GREEN BERETS AND THEIR FAMILIES NEED IMMEDIATELY AFTER BEING INJURED.
FAMILY SUPPORT: THE FAMILY OF A SPECIAL FORCES SOLDIER IS THEIR FIRST AND MOST IMPORTANT SUPPORT, AND SO IT'S CRITICAL THAT THE GREEN BERET FOUNDATION PROVIDES TRUST, STRENGTH, AND SERVICES TO MEET THE NEEDS OF THE ENTIRE FAMILY. THE FAMILY SUPPORT PROGRAMS INCLUDE SCHOLARSHIPS, HEALTH AND WELLNESS PROGRAMS, AND ACCESS TO OUR VERY OWN STEEL MAGS SISTERHOOD PROGRAM. THESE PROGRAMS PROVIDE DIRECT ASSISTANCE FOR THE SPOUSES AND CHILDREN OF SPECIAL FORCES SOLDIERS AS THEY NAVIGATE THE CHALLENGES OF TRAINING, DEPLOYMENTS, AND LIFE AFTER THE MILITARY THAT ARE NOT AVAILABLE BY OTHER MEANS. THESE PROGRAMS INCLUDE: SUPPORT AND FINANCIAL ASSISTANCE TO THE SPOUSES WHO MUST BECOME A CAREGIVER TO A SPECIAL FORCES SOLDIER. THIS SITUATION CAN AFFECT THEM EMOTIONALLY, PHYSICALLY, AND CAN OFTEN SEEM OVERWHELMING. WE HELP THEM MAKE SURE THEY ARE TAKING CARE OF THEMSELVES THROUGHOUT THE CAREGIVING PROCESS. FINANCIAL SUPPORT, CARE, AND EDUCATION FOR SPECIAL FORCES PARENTS WITH SPECIAL-NEEDS CHILDREN. HEALTHCARE AND FINANCIAL SUPPORT FOR SPOUSES AND CHILDREN SUFFERING FROM CONDITIONS NOT COVERED BY THE DOD/VA, INCLUDING CANCER, MEDICAL DEVICES, CHILDCARE, THERAPIES AND RETREATS, AND MEAL TRAINS. THE DE OPPRESSO LIBER (DOL) SCHOLARSHIP PROGRAM, FOR QUALIFIED CHILDREN OF SPECIAL FORCES SOLDIERS. DOL1 SCHOLARSHIPS ARE FOR CHILDREN OF NON-COMMISSIONED OFFICERS, DOL2 SCHOLARSHIPS ARE FOR THE CHILDREN OF WARRANT OFFICERS, AND DOL3 SCHOLARSHIPS ARE FOR THE CHILDREN OF COMMISSIONED OFFICERS. THE ATHENA SCHOLARSHIP PROGRAM IS FOR SPECIAL FORCES SPOUSES PURSUING THEIR UNDERGRADUATE AND GRADUATE DEGREES. THE ATHENA GRANT PROVIDES SPECIAL FORCES SPOUSES FINANCIAL SUPPORT TO COVER THE COSTS OF VOCATIONAL PROGRAMS, EXAMS, AND PROFESSIONAL DEVELOPMENT COURSES. THE STEEL MAGS SISTERHOOD PROGRAM IS EXCLUSIVE TO THE GREEN BERET FOUNDATION. IT PROVIDES SPOUSES, PARENTS, SIBLINGS, AND CAREGIVERS OF SPECIAL FORCES SOLDIERS. THEY RECEIVE UNCONDITIONAL SUPPORT, STRENGTH, ADVOCACY, AND DIRECTION ON HOW TO ACCESS CRITICAL RESOURCES THAT EMPOWER THEM TO BUILD A LIFE WHERE THEY CAN THRIVE FOR THEMSELVES AND THEIR FAMILY. FINANCIAL SUPPORT FOR MONTHLY LIVING EXPENSES DUE TO EXTENUATING CIRCUMSTANCES.GOLD STAR & SURVIVING FAMILIES SUPPORT: OUR GOLD STAR FAMILY PROGRAM BEGINS IN THE IMMEDIATE WAKE OF A COMBAT DEATH, ASSISTING WITH A WIDE VARIETY OF NEEDS TO SUPPORT THE FAMILY DURING THE DIGNIFIED TRANSFER, MEMORIAL SERVICE, AND FUNERAL. OUR SACRED DUTY AND PRIVILEGE AT THE GREEN BERET FOUNDATION IS TO SERVE THE FAMILIES AND LOVED ONES WHO LOST A SPECIAL FORCES SOLDIER. THE FINAL SACRIFICE OF A FALLEN SPECIAL FORCES SOLDIER CAUSES US TO PAUSE, REFLECT, AND GIVE THANKS FOR THE FREEDOMS WE HOLD SO DEAR. FOR THIS REASON, OUR GOLD STAR PROGRAM REMAINS A CRITICAL FOCUS OF OUR MISSION. NOT EVERY LOSS OF A GREEN BERET IS COMBAT RELATED. OUR SURVIVING FAMILY SUPPORT OFTEN BEGINS BEFORE THE GREEN BERET PASSES DUE TO INJURY IN TRAINING, ILLNESS, OR SUICIDE. WITH SUDDEN NON-COMBAT RELATED DEATHS, WE CAN REACT QUICKLY AND PROVIDE SEAMLESS SUPPORT.THIS PROGRAM INCLUDES: POSSIBLE ASSISTANCE OF FUNERAL COSTS NOT COVERED BY THE MILITARY AND CONTINUOUS ENGAGEMENT WITH FAMILIES TO SUPPORT THE HEALING OF THE GREEN BERET'S IMMEDIATE FAMILY THROUGH THERAPIES, ACTIVITIES, AND NETWORKING.
HEALTH AND WELLNESS SUPPORT: WE PROVIDE THE STRENGTH OF LONG-TERM OR ONGOING SUPPORT FOR SPECIAL FORCES SOLDIERS AS THEY MANAGE INJURIES AND CONDITIONS THAT HAVE RESULTED FROM THEIR SERVICE. THE GOAL OF THIS PROGRAM IS TO ENSURE THAT THEIR MIND, BODY, AND SPIRIT ARE HEALTHY BY SUPPLEMENTING THE CARE THEY RECEIVE THROUGH THE MILITARY HEALTH SYSTEM AND THE VETERANS HEALTH ADMINISTRATION. THIS PROGRAM INCLUDES: FINANCIAL SUPPORT FOR ALTERNATIVE TREATMENTS AND THERAPIES NOT COVERED BY THE U.S. DEPARTMENT OF DEFENSE (DOD) AND THE DEPARTMENT OF VETERANS AFFAIRS (VA) INCLUDING MENTAL HEALTH, ADDICTION TREATMENT, OR HYPERBARIC OXYGEN THERAPY. FINANCIAL SUPPORT FOR ADAPTIVE MEDICAL EQUIPMENT SUCH AS SPECIALIZED WHEELCHAIRS, BRACES, STIMULATION MACHINES, PROSTHETICS, ADAPTIVE EQUIPMENT, COMPRESSION SYSTEMS FOR INJURIES, CHAIR LIFTS, CHEMOTHERAPY TREATMENTS, OR MEDICAL SUPPLIES NOT COVERED BY INSURANCE. TRAVEL AND LODGING COSTS FOR TREATMENTS, INCLUDING FOR FAMILY OR CAREGIVERS WHEN NEEDED. FINANCIAL SUPPORT FOR HOSPICE CARE AND SUBSTANCE ABUSE TREATMENTS.
NEXT RIDGELINE SUPPORT: THE NEXT RIDGELINE IS A METAPHOR USED TO SYMBOLIZE A JOURNEY FROM ONE PEAK TO ANOTHER. IN MILITARY TERMS IT MEANS THE HARD OBJECTIVE - VISIBLE BUT REQUIRES TIME AND EFFORT TO GET TO THE NEXT RIDGELINE. THE NEXT RIDGELINE ENSURES THAT SPECIAL FORCES SOLDIERS AND THEIR FAMILIES ARE PREPARED TO TRANSITION FROM ACTIVE-DUTY SERVICE TO CIVILIAN LIFE AND HAVE A TRUSTED RESOURCE FOR NAVIGATING THE VA. THE GREEN BERET FOUNDATION'S NEXT RIDGELINE PROGRAM PROVIDES TRANSITIONING SPECIAL FORCES SOLDIERS DIRECTION AND ACCESS TO A COMPREHENSIVE UNDERSTANDING OF THE VETERANS AFFAIRS BENEFITS & DISABILITY CLAIMS PROCESS AND INTERNAL SYSTEMS TO ENSURE A FAIR AND THOROUGH EVALUATION OF VA CLAIMS. THE ACCURACY OF THESE CLAIMS CAN RESULT IN A QUANTIFIABLE INCREASE IN TAX-FREE COMPENSATION TO A SPECIAL FORCE SOLDIER'S ENTIRE HOUSEHOLD. THIS PROGRAM INCLUDES: VETERAN AFFAIRS ADVOCACY TO REVIEW CURRENT MILITARY/PERSONNEL SERVICE MEDICAL RECORDS OR POST-SERVICE VA. LOCATING ANY TREATMENT RECORDS OR ARCHIVED DOCUMENTS AS EVIDENCE TO SUBMIT WHEN FILING VA DISABILITY CLAIMS. ASSESS PREVIOUS SERVICE DOCUMENTATION OR RECORDS FOR A CONDITION OR AN INJURY THAT COULD HAVE POTENTIALLY LED TO A SERVICE-CONNECTION: THE IN-SERVICE INJURY OR DIAGNOSIS. ACCESS TO OUR REGIONAL ACCREDITED VETERANS SERVICES OFFICERS (VSO) TO FILE AN ORIGINAL OR UPDATED VA DISABILITY CLAIM. PRE-TRANSITION BRIEFINGS FOR SPECIAL FORCES SOLDIERS AND THEIR FAMILY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Mccarthy Director | Trustee | 2 | $0 |
Fran Wesseling Director | Trustee | 5 | $0 |
Krista Anderson Director (thru 12/14/23) | Trustee | 2 | $0 |
Michael Wise Director | Trustee | 2 | $0 |
Jason Mccarthy Director | Trustee | 2 | $0 |
Robert Mckee Director (starting 12/14/23) | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $711,080 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,174,637 |
Noncash contributions included in lines 1a–1f | $47,915 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,885,717 |
Total Program Service Revenue | $0 |
Investment income | $116,027 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$28,278 |
Net Income from Gaming Activities | $70,643 |
Net Income from Sales of Inventory | $3,949 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,048,058 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $23,975 |
Grants and other assistance to domestic individuals. | $821,636 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $274,013 |
Compensation of current officers, directors, key employees. | $26,227 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $773,594 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $41,859 |
Payroll taxes | $89,332 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $264,780 |
Advertising and promotion | $0 |
Office expenses | $151,327 |
Information technology | $160,560 |
Royalties | $0 |
Occupancy | $94,873 |
Travel | $19,230 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $19,805 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,297 |
Insurance | $16,546 |
All other expenses | $0 |
Total functional expenses | $2,936,930 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $574,695 |
Savings and temporary cash investments | $286,312 |
Pledges and grants receivable | $71,295 |
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 | $38,741 |
Prepaid expenses and deferred charges | $17,074 |
Net Land, buildings, and equipment | $23,070 |
Investments—publicly traded securities | $3,749,152 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $80,515 |
Other assets | $0 |
Total assets | $4,840,854 |
Accounts payable and accrued expenses | $175,314 |
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 | $82,150 |
Total liabilities | $257,464 |
Net assets without donor restrictions | $3,685,531 |
Net assets with donor restrictions | $897,859 |
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 | $4,840,854 |
Over the last fiscal year, Green Beret Foundation has awarded $64,802 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
SPECIAL FORCES ASSOCIATION PURPOSE: SFA SCHOLARSHIPS, 1ST SPECIAL FORCES GROUP REUNION | $25,000 |
SPECIAL FORCES ASSOCIATION CHAPTER 4-24 PURPOSE: SFA CONVENTION | $21,000 |
SFA LEGACY INITIATIVES PURPOSE: JFK SPECIAL WARFARE MUSEUM SPONSORSHIP | $10,000 |
SHIELDS AND STRIPES PURPOSE: SHIELDS AND STRIPES HEALTH AND WELLNESS PILOT PROGRAM | $8,802 |