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The Independence Fund Inc at a glanceMostly funded, not a grantmaker: see who funds it →

· 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 FY2024still arriving
5
Grants FY2024still arriving
5
States reached
$61k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
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 2024.

Human Services$763kHealth$303kArts & Culture$275kRecreation & Sports$205kPublic Benefit$90kInternational$61kEducation$12kCrime & Legal$10k
02FY2024 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 5 grants below total $111,234, the rows itemized in this filing. The $978,740 headline is the total grant expense on the return; the other $867,506 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2024

  • $10k–50k4 grants · $50k
  • $50k–250k1 grant · $61k
$15,000
Median grant
5
States reached
$3.9M
Total assets
Largest grants
RecipientAmount
Fallen Hero Fund$61,234
82nd Airborne Division Association$15,000
American Freedom Fund$15,000
Women in Military Service for America Memorial Foundation$10,000
CA Narcotic Officers' Assoc$10,000
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:

Its human-services grants (FY17–24, $45k) land where the poverty rate runs at 16%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%82nd Airborne Division Association: $15k → 16%Americas Warrior Partnership: $10k → 18%Student Veterans of American: $20k → 14%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

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

28%of every dollar goes to organizations it has funded before.
$485k · 3 repeat orgs$1.2M to everyone else

Grantees it renews have grown median revenue +221% since the first grant, against -8% for those funded once.

3 repeat relationships: 0 still active in FY2024, 3 since wound down; 5 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

3
24

Total granted

$485k
$1.1M

Median revenue growth · since first grant

+221%
-8%

Still filing today

67%
83%

New vs renewed · share of each year

In FY2024, 0% of grant dollars renewed an existing relationship; $111k went to new ones.

50%100%’17’19’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’19’24
Public BenefitHealthHuman ServicesArts & CulturePublic Safety & DisasterRecreation & SportsOther
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

  • CF
    CARING FOR MILITARY FAMILIES THE ELIZABETH DOLE FOUNDATION
    2× · 2017–2019 · $275k · revenue +221%
  • CT
    CHARLOTTE TOUCHDOWN CLUB
    2× · 2017–2019 · $150k · revenue +1%
  • HH
    Healing Household 6
    2× · 2017–2019 · $60k

Funded once

  • AT
    AFTER THE IMPACT FUND INC
    one grant, 2017 · $263k · revenue -83% · 66% of their budget
  • AS
    AMERICA SALUTES YOU LLC DBA AMERICA SAL
    one grant, 2017 · $200k · revenue -54%
  • MO
    MILITARY ORDER OF THE PURPLE HEART OF THE USA INC
    one grant, 2019 · $100k · revenue -81%
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

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Soldiers of America
Human Services
2
Military Officers Association of America

Preserve and protect earned benefits for our uniformed services, veterans, their families, and surviving spouses through advocacy, leadership, education and service. provide first-class service to our members. we are the leading voice on…

Public Benefit
3
Amvets American Veterans Department of Florida Service Foundation Inc
Public Benefit
4
Support Our Soldiers

Provide financial support for veterans.

Human Services
5
Vietnam Veterans of America Inc

To support a full range of issues affecting vietnam veterans, as well as, all veterans. vva is the only congressionaly chartered organization exclusively dedicated to vietnam-era veterans and their families.

Public Benefit
6
American Soldier

To give assistance to discharged military veterans and their families.

Human Services
7
Team Viac

WORKING TO HELP REDUCE VETERAN SUICIDE We are currently serving 55 local veterans and a growiing number from the country.

Public Benefit
8
The Veterans and First Responders
Human Services
9
National Veterans Hiring Association

The support of our sponsors allows veterans to empower veterans, military spouses, and transitioning service members to find meaningful employment opportunities each year. Committed to meaningful opportunity employment advisory councils…

Public Benefit
10
National Association of American Veterans Inc

Naav is committed to assisting service members,veterans,severely wounded veterans,single parent service members in accessing their benefits, improving communications and coordination among health agencies, medical organizations,…

Human Services
11
Peaceful Warrior Foundation

The peaceful warrior foundation is a non-profit organization with the aim of connecting our nation's warriors with the support and care they need.at peaceful warrior we strive to help our active-duty operators & veterans be at their very…

Human Services
12
Wounded Solders of Republic of Vietnam

Helping the wounded soldiers

Public Benefit
How this is measured
The grantee most central to the portfolio’s shape is Women in Military Service for America Memorial Foundation Inc; the most unlike its peers is Far West Wheelchair Athletic Association Incorporated. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

28 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. 28 of the 32 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.

4
Load-bearing (≥25% of a budget)
5
Early backer (in before they grew)
26/28
Grantees still filing
12/28
Grew since first funded

Where the money sits, by cause and then by grantee

CARING FOR MILITARY FAMILIES THE ELIZABETH DOLE FOUNDATION: $275,000 · Public BenefitCARING FOR MILITARY FAMILIES THE ELIZABETH DO…AMERICA SALUTES YOU LLC DBA AMERICA SAL: $200,000 · Public BenefitAMERICA SALUTES YOU LLC DBA AMERICA SALMILITARY ORDER OF THE PURPLE HEART OF THE USA INC: $100,000 · Public BenefitMILITARY ORDER OF THE PURPLE HEART OF THE USA…RED WHITE AND BUNDLED: $75,000 · Public BenefitRED WHITE AND BUNDLED+3 more: $42,500 · Public Benefit+3 moreCHARLOTTE TOUCHDOWN CLUB: $150,000 · OtherCHARLOTTE TOUCHDOWN CLUBFALLEN HEROES FUND INC: $61,234 · OtherFALLEN HEROES FUND INCHealing Household 6: $60,000 · OtherHealing Household 6ARMED FORCES RETIREE ASSOCIATION INC: $55,000 · OtherARMED FORCES RETIREE ASSOCIATION…Disabled American Veterans: $30,000 · OtherDisabled American VeteransVETERANS BRIDGE HOME INC: $25,000 · OtherASSOCIATION OF THE UNITED STATES NAVY INC: $25,000 · Other+7 more: $85,864 · Other+7 moreAFTER THE IMPACT FUND INC: $263,205 · HealthAFTER THE IMPACT FUN…OPERATION SURF: $30,000 · HealthOPERATION SURF+2 more: $20,000 · Health+2 moreCORPSMEN MEMORIAL FOUNDATION: $75,000 · Arts & CultureSOLDIERS' ANGELS: $75,000 · Public Safety & DisasterSTUDENT VETERANS OF AMERICA: $20,000 · Human Services82D AIRBORNE DIV ASSOC WOUNDED WARRIOR FUND INC: $15,000 · Human ServicesAMERICA'S WARRIOR PARTNERSHIP INC: $10,000 · Human ServicesBRIDGE II SPORTS INC: $15,000 · Recreation & SportsAIR & SPACE FORCES ASSOCIATION: $11,900 · Education
Public Benefit$692,500Other$492,098Health$313,205Arts & Culture$75,000Public Safety & Disaster$75,000Human Services$45,000Recreation & Sports$15,000Education$11,900

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

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
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.

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 FoundationThe Pfizer Foundation…The Blackbaud Giving …Network for GoodAmerican Online Givin…Paypal Charitable Giv…The Bank of America C…Vanguard Charitable E…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
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.

How much its grantees rely on government

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

2024
’20’21’22’23’24’25
no gov · 00%3%10%23%40%funder's share of their income ↑0%19%38%56%75%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    0rely on government for over half their income
    ⤢ axis zoomed · 0–75%
    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.
    05Through Plinth

    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.

    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

    Play a game based on Independence’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home