Public Charity

The Falcon Foundation

The Falcon Foundation, of USAF Academy, CO, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.6M in revenue, $1.0M in expenses, $37.4M in total assets. 13 publicly reported grants to this organization, totaling roughly $316K, appear in IRS filings.

EIN: 756016930 USAF Academy, CO Latest filing: 2025
Total Revenue$1.6M
Total Expenses$1.0M
Total Assets$37.4M
Grant Records13
Funding Total$316K
Filing Years2020–2025

Mission

THE MISSION OF THE FALCON FOUNDATION IS TO FURTHER THE OPPORTUNITY FOR HIGHLY MOTIVATED, EXCEPTIONAL, YOUNG MEN AND WOMEN TO ATTEND THE UNITED STATES AIR FORCE ACADEMY THROUGH THE AWARD OF FALCON FOUNDATION SCHOLARSHIPS AT JUNIOR COLLEGE AND PREPARATORY SCHOOLS, ENABLING THEM TO PURSUE A CAREER IN THE UNITED STATES AIR FORCE AND SPACE FORCE.

Officers & Directors

Scholarship Committee Chair Carolyn Benyshek
Gov & Strat Committee Chair Carrol Chandler
Treasurer Dale Meyerrose
Investment Committee Chair Eric Holt
At Large Governing Trustee Janet Wolfenbarger
VP and General Counsel Jarisse Sanborn

Officer compensation and complete director data available with membership.

Top Grant Purposes

See Part IV
$121,616 3 grants
GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS
$88,074 3 grants
GENERAL SUPPORT
$41,178 2 grants
To provide private funding to the USAFA to help accomplish its mission of providing an extra margin of excellence for cadets.
$32,750 1 grant
MEDICAL / PUBLIC SERVICES
$13,700 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.6M $1.0M $37.4M
2024 $1.7M $958K $33.6M
2023 $1.4M $979K $30.1M
2021 $1.2M $874K $32.4M
2020 $943K $922K $25.6M

Between 2020 and 2025, reported annual revenue grew from $943K to $1.6M (+66%), with total assets most recently reported at $37.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for The Falcon Foundation

Complete financials, all 13 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time