Skip to content

· Public charity

The Falcon Foundation

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…

$631k
Granted FY2025still arriving
6
Grants FY2025still arriving
6
States reached
$216k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Education$5.7M
02FY2025 · 6 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • $10k–50k1 grant · $40k
  • $50k–250k5 grants · $592k
$110,175
Median grant
6
States reached
$37M
Total assets
Largest grants
RecipientAmount
Northwestern Preparatory$216,250
Randolph-Macon Academy$135,300
Marion Military Institute$110,175
United States Air Force Academy$66,000
Georgia Military College$64,000
New Mexico Military Institute$39,530
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 16%, against an area that typically sits at 12%. 73% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 12%Northwestern Preparatory: $352k → 14%Greystone at Schreiner University: $106k → 13%New Mexico Military Institute: $62k → 20%Marion Military Institute: $110k → 36%Georgia Military College: $115k → 24%United States Air Force Academy: $66k → 9%Randolph-Macon Academy: $135k → 10%Northwestern Preparatory: $327k → 14%Greystone at Schreiner University: $37k → 13%New Mexico Military Institute: $46k → 20%Marion Military Institute: $93k → 36%Georgia Military College: $88k → 24%United States Air Force Academy: $66k → 9%Randolph-Macon Academy: $123k → 10%Northwestern Preparatory: $294k → 14%Greystone at Schreiner University: $37k → 13%New Mexico Military Institute: $43k → 20%Marion Military Institute: $90k → 36%Georgia Military College: $88k → 24%United States Air Force Academy: $66k → 9%Randolph-Macon Academy: $115k → 10%Northwestern Preparatory: $281k → 14%New Mexico Military Institute: $40k → 20%Marion Military Institute: $89k → 36%Georgia Military College: $80k → 24%United States Air Force Academy: $66k → 9%Randolph-Macon Academy: $111k → 10%Northwestern Preparatory: $270k → 14%Marion Military Institute: $89k → 36%Georgia Military College: $64k → 24%United States Air Force Academy: $66k → 9%Randolph-Macon Academy: $111k → 10%Northwestern Preparatory: $264k → 14%Marion Military Institute: $85k → 36%Georgia Military College: $40k → 24%United States Air Force Academy: $66k → 9%Randolph-Macon Academy: $98k → 10%Northwestern Preparatory: $245k → 14%Marion Military Institute: $81k → 36%United States Air Force Academy: $66k → 9%Randolph-Macon Academy: $82k → 10%Northwestern Preparatory: $234k → 14%Marion Military Institute: $51k → 36%United States Air Force Academy: $66k → 9%Randolph-Macon Academy: $80k → 10%Northwestern Preparatory: $216k → 14%Marion Military Institute: $51k → 36%Randolph-Macon Academy: $70k → 10%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

CT
CA
CO
VA
NM
AL
GA
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

100%of every dollar goes to organizations it has funded before.
$5.7M · 8 repeat orgs$0 to everyone else

8 repeat relationships: 6 still active in FY2025, 2 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

8
0

Total granted

$5.7M
$0

Still filing today

50%
0%

New vs renewed · share of each year

In FY2025, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • RA
    Randolph-Macon Academy
    9× · 2017–2025 · $925k · revenue +21%
  • SU
    Schreiner University
    3× · 2017–2019 · $180k · revenue +73%
  • KS
    KENT SCHOOL
    2× · 2018–2019 · $68k · revenue +7%

Funded once

    How this is measured

    Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

    04Its field
    04the grantee network

    4 grantees tracked through their own filings, 2017–2025.

    Each grant beside the grantee’s revenue from every source, year by year.

    How this is measured

    Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 4 of the 8 grantees resolved in that span have returns of their own we could reconcile.

    Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

    1
    Load-bearing (≥25% of a budget)
    0
    Early backer (in before they grew)
    4/4
    Grantees still filing
    3/4
    Grew since first funded

    Where the money sits, by cause and then by grantee

    NORTHWESTERN PREPARATORY SCHOOL INC: $2,483,364 · OtherNORTHWESTERN PREPARATORY SCHOOL INCMARION MILITARY INSTITUTE: $738,468 · OtherMARION MILITARY INSTITUTEUnited States Air Force Academy: $544,000 · OtherUnited States Air Force AcademyGEORGIA MILITARY COLLEGE: $474,736 · OtherGEORGIA MILITARY COLLEGENew Mexico Military Institute: $321,861 · OtherNew Mexico Military InstituteRandolph-Macon Academy: $925,350 · EducationRandolph-Macon AcademySchreiner University: $180,338 · EducationSchreiner UniversityKENT SCHOOL: $68,000 · EducationKENT SCHOOL
    Other$4,562,429Education$1,173,688

    Each grantee by its size and the funder’s share of it; top left is load-bearing

    25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetNORTHWESTERN PREPARATORY SCHOOL INC: $2,483,364 over 9y, 81% of budgetRandolph-Macon Academy: $925,350 over 9y, 0.9% of budgetSchreiner University: $180,338 over 3y, 0.3% of budgetKENT SCHOOL: $68,000 over 2y, 0.1% of budget
    Grantee by grantee: a decade per organization, before and after funding

    A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

    • Who funds NORTHWESTERN PREPARATORY SCHOOL INC ↗
    • Who funds Randolph-Macon Academy ↗
    • Who funds Schreiner University ↗
    • Who funds KENT SCHOOL ↗

    Co-funders

    Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

    Folds of Honor FoundationOK13.4× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

    Open a dossier: Folds of Honor Foundation

    How this is measured
    Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

    How much its grantees rely on government

    Each dot is one organization The Falcon Foundation funds: left to right is the share of its income from government, bottom to top the share from The Falcon Foundation. Bigger dots raise more.

    2024
    ’20’21’22’23’24’25
    no gov · 00%6%23%51%90%funder's share of their income ↑0%4%8%11%15%share of the org’s income from government →
      no gov moneyreceives it· size = income
      0get no government money at all
      1report government grants on their 990 we could not trace to a source (not plotted)
      0rely on government for over half their income
      ⤢ axis zoomed · 0–15%
      typical government reliance, FY20–25
      How this is measured
      Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

      On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 8 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

      How this is measured
      Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

      Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

      Source object · view filing

      Play a game based on Falcon’s filings →

      More from the funding graph