Maryland · Nonprofit
MARYLAND VETERANS TR
MARYLAND VETERANS TR (Maryland) receives grants from 2 organizations whose IRS filings report $148,132 to it, the largest being MGM RESORTS FOUNDATION ($138,132). 1 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $506k
- Funders on record
- 2
- Grants received
- $148k
- Net assets
- $649k
What Maryland Veterans Tr does
Mission
To provide monetary and other assistance to veterans and their families, and to public and private programs that support veterans and their families.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported starting a significant new program.
Provided financial assistance grants to veteran organization that support veterans and their families.
Its own explanation, from Schedule O of that return (Part III, line 2).
Provided financial assistance grants to veterans in financial need in the State of Maryland. Grants were awarded to veterans but paid only to their mortgage holders, landlords, utilities, and other suppliers or service providers. No grant monies were paid directly to beneficiaries of the grants.
$556,790 spentof which $556,790 as grants93% of program spendingProvided financial assistance grants to veteran organization that support veterans and their families.
$45,000 spentof which $45,000 as grants7% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $601,790.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $314k to $604k (+92%).
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.
Government-grant reliance: 2021 50% · 2022 0% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.
100% of MARYLAND VETERANS TR’s revenue is contributions — more reliant on donations than three-quarters of its peers (84% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
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
Heather Geraldes
Executive Director
Board chair
Anthony Woods
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base held at 1 funder, grant income rose $19k → $30k.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% 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 MARYLAND VETERANS TR’s funders (the co-funder graph). 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
MARYLAND VETERANS TR leans on a few funders — its largest provides 93% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% 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 MARYLAND VETERANS TR.
Largest funder’s share by year: 2021 100% · 2022 100% · 2023 100% — broadly stable.
“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.
Where its funders are
93% of MARYLAND VETERANS TR's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $10k that is directly attributable, 100% of it comes from Maryland funders.
Funder states come from each funder’s own filing. $138k arriving through sponsors registered in 1 state 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.
Against its field
MARYLAND VETERANS TR is better cushioned than half of the 3,130 public benefit nonprofits its size.
this organization peer median middle 50% of peers· 3,130 public benefit nonprofits $100k–$1M, FY2024
Organizations like MARYLAND VETERANS TR
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 Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Public support
82%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Maryland Department of Veterans & Military Families · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MARYLAND VETERANS TR: 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.
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 MARYLAND VETERANS TR?
- MARYLAND VETERANS TR (Maryland) receives grants from 2 organizations whose IRS filings report $148,132 to it, the largest being MGM RESORTS FOUNDATION ($138,132). 1 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does MARYLAND VETERANS TR have?
- IRS filings report 2 organizations giving $148,132 in grants to MARYLAND VETERANS TR, 1 of which have funded it in more than one year.
- Who is the largest funder of MARYLAND VETERANS TR?
- MGM RESORTS FOUNDATION is the largest funder on record, with $138,132 in grants. The full list of funders is on this page.
- How can an organization like MARYLAND VETERANS TR find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. 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 2021–2024), and the filings of 2 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 14, 2026. What this page cannot tell you · view filing