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North Carolina · Nonprofit

GREEN BERET FOUNDATION

GREEN BERET FOUNDATION (North Carolina) receives grants from 131 organizations whose IRS filings report $7,600,599 to it, the largest being SPECIAL FORCES SCHOLARSHIP FUND ($1,607,000). 74 of them have funded it in more than one year.

Revenue FY2024
$4.7M
Funders on record
131
Grants received
$7.6M
Net assets
$5.5M
74/131 repeat funderspeak grant-dependency 30%
01What it does

What Green Beret Foundation does

Mission

Provide financial assistance, support, and liaising for the wounded, ill, injured and the family members (including killed in action) of the special forces regiment (green berets) when the care system does not cover the need directly related to the health and welfare of that service member or their family.

As stated on its FY2024 Form 990.

Programs

  1. Casualty support: casualty support is provided in two forms: c3 check and goruck gr1. As a matter of practice, the Green Beret Foundation ("gbf") immediately provides a $2,500 check to offset historically predictable and unpredictable expenses and a highly specialized rucksack packed with non-trivial essentials to those green berets that have been medevac'd away from their permanent duty station. This rucksack is a tool to communicate our initial engagement with the green beret and their family. We engage immediately and remain engaged with that family as casualty impacts not just the soldier, but also their entire family. Gbf steps in to provide the extra support green berets and their families need immediately after being injured.

    $29,555 spentof which $11,591 as grants
    1% of program spending
  2. Health and wellness support: we provide the strength of long-term or ongoing support for special forces soldiers as they manage injuries and conditions that have resulted from their service. The goal of this program is to ensure that their mind, body, and spirit are healthy by supplementing the care they receive through the military health system and the veterans health administration. This program includes: financial support for alternative treatments and therapies not covered by the u.s. Department of defense (dod) and the department of veterans affairs (va) including mental health, addiction treatment, or hyperbaric oxygen therapy. Financial support for adaptive medical equipment such as specialized wheelchairs, braces, stimulation machines, prosthetics, adaptive equipment, compression systems for injuries, chair lifts, chemotherapy treatments, or medical supplies not covered by insurance. Travel and lodging costs for treatments, including for family or caregivers when needed. Financial support for hospice care and substance abuse treatments.

    $810,489 spentof which $335,537 as grants
    25% of program spending
  3. Next ridgeline support: the next ridgeline is a metaphor used to symbolize a journey from one peak to another. In military terms it means the hard objective - visible but requires time and effort to get to the next ridgeline. The next ridgeline ensures that special forces soldiers and their families are prepared to transition from active-duty service to civilian life and have a trusted resource for navigating the va. The Green Beret Foundation's next ridgeline program provides transitioning special forces soldiers direction and access to a comprehensive understanding of the veterans affairs benefits & disability claims process and internal systems to ensure a fair and thorough evaluation of va claims. The accuracy of these claims can result in a quantifiable increase in tax-free compensation to a special force soldier's entire household. This program includes: veteran affairs advocacy to review current military/personnel service medical records or post-service va. Locating any treatment records or archived documents as evidence to submit when filing va disability claims. Assess previous service documentation or records for a condition or an injury that could have potentially led…

    $1,226,664 spentof which $106,412 as grants
    38% of program spending
  4. Family support: the family of a special forces soldier is their first and most important support, and so it's critical that the Green Beret Foundation provides trust, strength, and services to meet the needs of the entire family. The family support programs include scholarships, health and wellness programs, and access to our very own steel mags sisterhood program. These programs provide direct assistance for the spouses and children of special forces soldiers as they navigate the challenges of training, deployments, and life after the military that are not available by other means. These programs include: support and financial assistance to the spouses who must become a caregiver to a special forces soldier. This situation can affect them emotionally, physically, and can often seem overwhelming. We help them make sure they are taking care of themselves throughout the caregiving process. Financial support, care, and education for special forces parents with special-needs children. Healthcare and financial support for spouses and children suffering from conditions not covered by the dod/va, including cancer, medical devices, childcare, therapies and retreats, and meal trains. The…

    $1,189,888 spentof which $867,773 as grants
    37% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,256,596.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.1M) Expenses 100 ($1.4M) Net assets 100 ($2.1M)2018 Revenue 128 ($2.7M) Expenses 154 ($2.2M) Net assets 125 ($2.6M)2019 Revenue 105 ($2.2M) Expenses 168 ($2.4M) Net assets 119 ($2.4M)2020 Revenue 104 ($2.2M) Expenses 106 ($1.5M) Net assets 159 ($3.3M)2021 Revenue 160 ($3.4M) Expenses 144 ($2.1M) Net assets 230 ($4.7M)2022 Revenue 166 ($3.5M) Expenses 246 ($3.5M) Net assets 203 ($4.2M)2023 Revenue 142 ($3.0M) Expenses 205 ($2.9M) Net assets 223 ($4.6M)2024 Revenue 219 ($4.7M) Expenses 270 ($3.9M) Net assets 270 ($5.5M)
'17'18'19'20'21'22'23'24
Revenue (219)Expenses (270)Net assets (270)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $3.3M to $4.8M (+45%).

$2.1M
$2.7M
$2.5M
$3.3M
$4.8M
$4.4M
$4.8M
$5.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 5%. Grants only. Government contracts and fees sit inside program revenue.

101% of GREEN BERET FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 11,814 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$706k
’17
$528k
’18
−$168k
’19
$700k
’20
$1.4M
’21
$21k
’22
$111k
’23
$823k
’24
8.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Charles P Iacono

President & CEO

Board chair

Ltgr Ken Tovo

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed131515109111212
Joined·+3+4+4+0+4+4+3
No longer listed·1491233
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 22 funders to 45 funders, grant income rose $409k → $915k.

22 of 131 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GREEN BERET FOUNDATION’s funders (the co-funder graph). Top 30 of 131 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GREEN BERET FOUNDATION has a broad base — no single funder exceeds 21% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

75% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GREEN BERET FOUNDATION.

21%
largest funder
47%
top three
~10
effective funders

Largest funder’s share by year: 2017 50% · 2018 41% · 2019 36% · 2020 23% · 2021 27% · 2022 35% · 2023 33% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

31% of GREEN BERET FOUNDATION's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

GREEN BERET FOUNDATION draws 72% of its grant income from funders outside North Carolina, across 25 states in all.

WA
MN
IL
WI
MI
NY
WY
OH
PA
NJ
CT
RI
CA
UT
MO
VA
MD
DE
AZ
NC
OK
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $1.8M arriving through sponsors registered in 15 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GREEN BERET FOUNDATION runs a healthier operating margin than three-quarters of the 11,274 human services nonprofits its size.

Operating margin18% · top quartile
Months of reserve8.7mo · top quartile
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 11,274 human services nonprofits $1M–$10M, FY2024

Government funding GREEN BERET FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2k on record.

State$2k
Top programs
  • REFUNDS - GENERAL $2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like GREEN BERET FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 7%Fundraising 8%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

89%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 34 states

ME
NH
ND
MN
IL
WI
MI
NY
MA
OR
PA
NJ
CT
RI
CA
UT
MO
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
DC
HI
LA
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for GREEN BERET FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GREEN BERET FOUNDATION?
GREEN BERET FOUNDATION (North Carolina) receives grants from 131 organizations whose IRS filings report $7,600,599 to it, the largest being SPECIAL FORCES SCHOLARSHIP FUND ($1,607,000). 74 of them have funded it in more than one year.
How many funders does GREEN BERET FOUNDATION have?
IRS filings report 131 organizations giving $7,600,599 in grants to GREEN BERET FOUNDATION, 74 of which have funded it in more than one year.
Who is the largest funder of GREEN BERET FOUNDATION?
SPECIAL FORCES SCHOLARSHIP FUND is the largest funder on record, with $1,607,000 in grants. The full list of funders is on this page.
How can an organization like GREEN BERET FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 131 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing