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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 26-0537053

Air Force Academy Foundation

USAF Academy, CONTEE: T20Founded 2007Website

mission statement

Together, we serve graduates, preserve the heritage of the Academy & Long Blue Line, and support USAFA to develop leaders of character for Air Force, Space Force, and nation.

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Total Revenue

$45.0M

FY 2024

Program Spending

85.6%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$169.5M

Total Assets

$156.2M net

45.87 mo

Operating Reserves

FY 2024

+10%

Revenue Growth

YoY

101

Total Employees

FY 2024

Funding Track Record

Backed by 82 Institutional Funders

$46.9M raised across 248 grants · +$415K committed (2019–2024 filings)

Funder Geography

Funders across 27 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Morgan Stanley Global Impact Funding Trust Inc	INDIANAPOLIS, IN	$13,760,104
Association of Graduates of the United States	USAF Academy, CO	$12,624,798
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$4,202,061
Donor Advised Charitable Giving Inc	SAN FRANCISCO, CA	$3,575,467
Vanguard Charitable Endowment Program	SOUTHEASTERN, PA	$2,600,021
Foundation for the Carolinas	CHARLOTTE, NC	$1,350,800
The Muse Family Foundation	DALLAS, TX	$1,050,000
American Online Giving Foundation Inc	NEWARK, DE	$877,471
American Endowment Foundation	HUDSON, OH	$859,877
National Philanthropic Trust	JENKINTOWN, PA	$820,000

Total tracked: $46,925,607 across 248 grants · +$415,000 committed across 2 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$33.3M in expenses

Support for Academic, Athletic, Cadet Activities, and Character & Leadership programs of the United States Air Force Academy in Colorado Springs, Colorado. This also includes capital projects and improvements on the Academy grounds.

$1.7M in expenses

Grants are provided annually to the Association of Graduates (AOG) in support of its operations to support alumni of the USAFA, memorials, and graduate dependent scholarships. This program also includes philanthropic support to build a new office building for the AOG and Air Force Academy Staff, as well as support to pay down the bonds on Hotel Polaris, which will be turned over to the AOG upon payoff of the bonds.

Financial History