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Virginia · Nonprofit

PENTAGON MEMORIAL FUND INC

PENTAGON MEMORIAL FUND INC (Virginia) receives grants from 13 organizations whose IRS filings report $3,188,916 to it, the largest being DIANA DAVIS SPENCER FOUNDATION INC ($2,500,000). 4 of them have funded it in more than one year.

Revenue FY2024
$855k
Funders on record
13
Grants received
$3.2M
Net assets
$18M
4/13 repeat fundersgrants exceed reported revenue in one year
01What it does

What Pentagon Memorial Fund Inc does

Mission

Raise funds for the construction and maintenance of the pentagon memorial and a visitor education center as well as educate the public about the events and impact of the terrorist attacks on september 11, 2001.

As stated on its FY2024 Form 990.

Programs

  1. Pentagon memorial maintenance:the fund supports the yearly maintenance of the pentagon memorial.

    $350,000 spentof which $350,000 as grants
    43% of program spending
  2. Visitor education center:the pentagon memorial fund continues to focus on developing education resources that enhance the visitors' experience at the memorial by helping them understand the 9/11 events, the historic significance of the memorial site and the unique elements of the pentagon memorial.

    $289,464 spent
    36% of program spending
  3. Education and outreach:continuing efforts to educate and inform the public on the events of 9/11 as they relate to the attack on the pentagon.

    $169,924 spent
    21% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $809,388.

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 ($1.9M) Expenses 100 ($1.1M) Net assets 100 ($13M)2018 Revenue 52 ($969k) Expenses 119 ($1.3M) Net assets 92 ($12M)2019 Revenue 80 ($1.5M) Expenses 113 ($1.2M) Net assets 100 ($13M)2020 Revenue 86 ($1.6M) Expenses 123 ($1.3M) Net assets 110 ($14M)2021 Revenue 172 ($3.2M) Expenses 153 ($1.7M) Net assets 128 ($17M)2022 Revenue 286 ($5.4M) Expenses 145 ($1.6M) Net assets 142 ($19M)2023 Revenue 28 ($526k) Expenses 177 ($1.9M) Net assets 138 ($18M)2024 Revenue 46 ($855k) Expenses 133 ($1.5M) Net assets 137 ($18M)
'17'18'19'20'21'22'23'24
Revenue (46)Expenses (133)Net assets (137)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 $15M to $17M (+15%).

$13M
$12M
$14M
$15M
$17M
$19M
$18M
$18M
'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

22% of PENTAGON MEMORIAL FUND INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$785k
’17
−$329k
’18
$279k
’19
$272k
’20
$1.6M
’21
$3.8M
’22
−$1.4M
’23
−$606k
’24
6.9
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

Michael J Mccarthy

Executive director

Board chair

Sean T Connaughton

Board chair & president

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24
Listed44989101310
Joined·+0+5+1+2+1+3+0
No longer listed·0021003
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 1 funder, grant income rose $90k → $1.3M.

3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 PENTAGON MEMORIAL FUND INC’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

PENTAGON MEMORIAL FUND INC leans on a few funders — its largest provides 78% of grant income and the top three 87%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

78%
largest funder
87%
top three
~2
effective funders

Largest funder’s share by year: 2017 55% · 2018 60% · 2019 100% · 2020 100% · 2021 44% · 2022 62% · 2023 100% — growing more concentrated.

“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

25% of PENTAGON MEMORIAL FUND INC's funders are still giving 3 years after their first grant; 31% give in more than one year at all.

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

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

PENTAGON MEMORIAL FUND INC draws 96% of its grant income from funders outside Virginia, across 9 states in all.

NY
NJ
CA
VA
MD
TN
NC
DC
FL

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

’17
’18
’19
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $111k arriving through sponsors registered in 3 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

PENTAGON MEMORIAL FUND INC is better cushioned than half of the 17,936 arts & culture nonprofits its size.

Operating margin−71% · bottom quartile
Months of reserve6.9mo · above the median
Revenue growth (annualized)−11% · bottom quartile

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Government funding PENTAGON MEMORIAL FUND INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $12.0M on record.

Federal$12.0M
grants $12.0Mcontracts $0
Top agencies
  • Department of Defense$12.0M

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 PENTAGON MEMORIAL FUND INC

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 Virginia

Nationally

05Profile & governance

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

Where the money goes

55% of spending goes to programs.

Program 55%Management 15%Fundraising 30%

Governance

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

Public support

14%

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

Footprint & structure

Files a return copy in 5 states

NY
CA
VA
MD
DC

Screen this organization

A dated, signed PDF of the compliance screen for PENTAGON MEMORIAL FUND INC: 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 PENTAGON MEMORIAL FUND INC?
PENTAGON MEMORIAL FUND INC (Virginia) receives grants from 13 organizations whose IRS filings report $3,188,916 to it, the largest being DIANA DAVIS SPENCER FOUNDATION INC ($2,500,000). 4 of them have funded it in more than one year.
How many funders does PENTAGON MEMORIAL FUND INC have?
IRS filings report 13 organizations giving $3,188,916 in grants to PENTAGON MEMORIAL FUND INC, 4 of which have funded it in more than one year.
Who is the largest funder of PENTAGON MEMORIAL FUND INC?
DIANA DAVIS SPENCER FOUNDATION INC is the largest funder on record, with $2,500,000 in grants. The full list of funders is on this page.
How can an organization like PENTAGON MEMORIAL FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 13 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