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North Carolina · Public charity

The Independence Fund Inc

To serve the Warfighter community by providing programs and services that foster the physical, mental, emotional, and spiritual independence of our service members, combat Veterans, their Caregivers, families and Allies who served alongside them in combat.

$979k
Granted FY2024(still arriving)
5
Itemized grants FY2024
20
Organizations funded FY2019
85%
First-time grantees FY2019
Read the full brief
Itemized, FY2024
$111k
The rest is grants the schedule does not break out
Median grant, FY2024
$15,000
Largest grant, FY2024
$61,234
Organizations funded a year
10 to 20
FY2017 to FY2019
States reached, FY2024
5
Total assets, FY2024
$3.9M

How open it is to new grantees

In FY2019, 85% of the organizations The Independence Fund Inc funded were first-time grantees, receiving 53% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving5$111k100%
FY201920$740k85%
FY201710$868kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Human Services$763kHealth$303kArts & Culture$275kRecreation & Sports$205kPublic Benefit$90kInternational$61kEducation$12kCrime & Legal$10k

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

IL
NY
MA
CA
KY
VA
TN
NC
DC
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Caring for Military Families the Elizabeth Dole Foundation$275,00026%
After the Impact Fund Inc$263,205166%
America Salutes You LLC Dba America Sal$200,000121%
Charlotte Touchdown Club$150,00028%
Military Order of the Purple Heart of the USA Inc$100,00013%
Corpsmen Memorial Foundation$75,000140%
Red White and Bundled$75,000150%
Soldiers' Angels$75,00010%
Fallen Heroes Fund Inc$61,2341n/a
Healing Household 6$60,0002n/a
Show all 32 grantees

Where it is load-bearing

The Independence Fund Inc supplied at least a quarter of the budget for 4 of its grantees at some point. The chart plots its 23 largest grantees; load-bearing ones sit top left.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetCaring for Military Families the Elizabeth Dole Foundation: $275,000 over 2y, 5.7% of budgetAfter the Impact Fund Inc: $263,205 over 1y, 66% of budgetAmerica Salutes You LLC Dba America Sal: $200,000 over 1y, 21% of budgetCharlotte Touchdown Club: $150,000 over 2y, 7.8% of budgetMilitary Order of the Purple Heart of the USA Inc: $100,000 over 1y, 2.6% of budgetCorpsmen Memorial Foundation: $75,000 over 1y, 40% of budgetRed White and Bundled: $75,000 over 1y, 50% of budgetSoldiers' Angels: $75,000 over 1y, 0.4% of budgetDisabled American Veterans: $30,000 over 1y, 0.0% of budgetVeterans Bridge Home Inc: $25,000 over 1y, 2.9% of budgetAssociation of the United States Navy Inc: $25,000 over 1y, 5.0% of budgetStudent Veterans of America: $20,000 over 1y, 0.4% of budgetHillvets Foundation: $17,500 over 1y, 3.7% of budgetFencers Club Inc: $15,000 over 1y, 0.8% of budget82d Airborne Div Assoc Wounded Warrior Fund Inc: $15,000 over 1y, 30% of budgetAir & Space Forces Association: $11,900 over 1y, 0.1% of budgetAmerica's Warrior Partnership Inc: $10,000 over 1y, 0.2% of budgetCalifornia Narcotic Officers Association: $10,000 over 1y, 0.4% of budgetMilitary Order of the Carabao: $10,000 over 1y, 3.9% of budgetAmerican Studies Center: $10,000 over 1y, 0.1% of budgetParalyzed Veterans of America: $10,000 over 1y, 0.0% of budgetTragedy Assistance Program for Survivors Inc: $10,000 over 1y, 0.1% of budgetWomen in Military Service for America Memorial Foundation Inc: $10,000 over 1y, 0.2% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 23.

Nonprofits that may fit its grantmaking

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 tightly interlocked group: most of these funders back each other's grantees too.

Duke Energy FoundationNC9.7× affinity4 shared granteesties to 10 of 10Hover any node to trace its alignments.Compare side by side →

Open a dossier: Duke Energy Foundation · The Pfizer Foundation Inc · The Blackbaud Giving Fund · Network for Good · American Online Giving Foundation Inc · Paypal Charitable Giving Fund · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile 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.

Compare The Independence Fund Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to The Independence Fund Inc?

Find your warmest path to The Independence Fund Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About The Independence Fund Inc

How much does The Independence Fund Inc give?
The Independence Fund Inc reported 5 itemized grants totaling $111,234, out of $978,740 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 10 and 20 organizations a year over FY2017 to FY2019.
What does The Independence Fund Inc fund?
By grant dollars over FY2017 to FY2024, its largest causes are Human Services (44%), Health (18%), Arts & Culture (16%).
Who are The Independence Fund Inc's largest grantees?
By total granted over FY2017 to FY2024: Caring for Military Families the Elizabeth Dole Foundation ($275k), After the Impact Fund Inc ($263k), America Salutes You LLC Dba America Sal ($200k).
Does The Independence Fund Inc fund new organizations?
In FY2019, 85% of the organizations it funded were first-time grantees.
Which funders back the same organizations as The Independence Fund Inc?
Its strongest co-funders, measured against what their size predicts, include Duke Energy Foundation, The Pfizer Foundation Inc, The Blackbaud Giving Fund.
Where is The Independence Fund Inc based?
The Independence Fund Inc is based in NC.

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 32 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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