Global War On Terrorism Memorial Foundation Inc
- Assets
- $3.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Washington, DC
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-3700489
Organization Overview
Global War On Terrorism Memorial Foundation Inc is located in Washington, DC. The organization was established in 2015. 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. As of 12/2023, Global War On Terrorism Memorial Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global War On Terrorism Memorial Foundation Inc 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, Global War On Terrorism Memorial Foundation Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 48.2% each year . All expenses for the organization totaled $2.7m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING THE NATIONAL GLOBAL WAR ON TERRORISM MEMORIAL ON THE MALL IN WASHINGTON, D.C.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION UNDERTAKES DAILY ACTIVITIES RELATED TO SITE SELECTION, MEMORIAL DESIGN, AND FUNDRAISING. THE FOUNDATION ALSO COORDINATES WITH THE APPROPRIATE AUTHORITIES TO ENSURE COMPLIANCE WITH RULES AND REGULATIONS GOVERNING THE CONSTRUCTION OF A MEMORIAL ON FEDERAL LAND IN WASHINGTON, D.C. AS A RESULT OF THESE EFFORTS, THE FOUNDATION RECEIVED AUTHORIZATION FROM THE NATIONAL CAPITAL PLANNING COMMISSION FOR ITS LOCATION ADJACENT TO THE LINCOLN MEMORIAL AND THE VIETNAM VETERANS MEMORIAL AND BEGAN THE DESIGN PROCESS. THE FOUNDATION SUBSEQUENTLY BEGAN BUILDING THE DESIGN TEAM, AND ASSEMBLING AND ENGAGING OUR DESIGN ADVISORY COUNCIL REPRESENTATIVE OF OUR STAKEHOLDERS.
THE GLOBAL WAR ON TERRORISM MEMORIAL FOUNDATION UNDERTAKES EDUCATIONAL PROGRAMMING AND OUTREACH EFFORTS TO ADVANCE A NATIONAL UNDERSTANDING OF THE GLOBAL WAR ON TERRORISM AND THE SERVICE OF THOSE WHO HAVE PARTICIPATED IN IT. IN 2023, THE FOUNDATION CONTINUED HOSTING EVENTS ON THE NATIONAL MALL TO PROMOTE AWARENESS OF ITS MISSION. THE FOUNDATION FURTHER SCALED ITS SOCIAL MEDIA PRESENCE AND TOUTED ITS MESSAGE AT NATIONAL EVENTS HOSTED BY SUPPORTIVE VETERAN SERVICE ORGANIZATIONS AND CORPORATIONS. THE FOUNDATION FURTHER BOLSTERED ITS COLLECTION OF LEADERS CONDUCTING STRATEGIC OUTREACH TO VARIOUS SUPPORTER GROUPS. ADDITIONALLY, THE FOUNDATION PROUDLY LAUNCHED A FIRST-OF-ITS-KIND INPUT CAMPAIGN, "HELP DESIGN HISTORY"TO GIVE THE PUBLIC A VOICE IN THE MEMORIAL'S DESIGN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael R Rodriguez President/ceo | OfficerTrustee | 40 | $330,000 |
Wyatt Smith Vice President Of Development | Trustee | 40 | $250,000 |
Theodore C Skokos Chairman Of The Board | OfficerTrustee | 2 | $0 |
Kenneth A Hersh Vice-Chairman Of The Board | OfficerTrustee | 2 | $0 |
Rye Barcott Secretary | OfficerTrustee | 2 | $0 |
Cecilia Deyo Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Michael Winstanley Architects & Planners Architectural Services | 12/30/23 | $233,479 |
Marlon Blackwell Architects Architectural Services | 12/30/23 | $103,854 |
Minerva Consulting Llc Communications Services | 12/30/23 | $127,819 |
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 | $2,252,133 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,252,133 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,252,133 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,076,996 |
| Compensation of current officers, directors, key employees. | $199,933 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $71,308 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $88,670 |
| 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 | $0 |
| Advertising and promotion | $70,399 |
| Office expenses | $19,178 |
| Information technology | $114,021 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $146,324 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,522 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,675 |
| All other expenses | $0 |
| Total functional expenses | $2,741,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $914,722 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,819,413 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $550,091 |
| Total assets | $3,284,226 |
| Accounts payable and accrued expenses | $460,565 |
| 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 | $460,565 |
| Net assets without donor restrictions | $2,823,661 |
| Net assets with donor restrictions | $0 |
| 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 | $3,284,226 |