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New York · Nonprofit

THE INTREPID FALLEN HEROES FUND

THE INTREPID FALLEN HEROES FUND (New York) receives grants from 145 organizations whose IRS filings report $14,714,117 to it, the largest being Disabled American Veterans (DAV) Charitable Service Trust ($3,415,000). 88 of them have funded it in more than one year.

Revenue FY2025
$5.9M
Funders on record
145
Grants received
$15M
Net assets
$7.9M
88/145 repeat funderspeak grant-dependency 31%
01What it does

What The Intrepid Fallen Heroes Fund does

Mission

The Intrepid Fallen Heroes Fund serves military personnel suffering traumatic brain injury and post-traumatic stress, and other severe injuries.The Intrepid Fallen Heroes Fund serves military personnel suffering traumatic brain injury, post-traumatic stress and other severe injuries. We have built a series of twelve advanced treatment centers providing the best possible care, enabling them to continue to serve on active duty and enjoy a productive life. We now provide ongoing support for these facilities, including upgraded equipment, research funding, staffing and program support.

As stated on its FY2025 Form 990.

Programs

  1. Intrepid centers enduring support program:The Intrepid Fallen Heroes Fund (ifhf) is leading the effort to support service members suffering the terrible effects of traumatic brain injury (tbi), post-traumatic stress (pts), and other severe injuries, which afflict hundreds of thousands of military personnel. Over the past 18 years, ifhf has built a series of 12 specially-designed treatment facilities at military bases around the nation, within which service members receive the most advanced and proven care to address their injuries. The goal of treatment is returning these men and women to their regular duties in the armed forces and allowing them to enjoy a full and productive life. With the last of these centers opened in 2024, ifhf today is providing ongoing support for the treatment of these troops in five major areas: 1) upgrading diagnostic and therapy equipment so the latest and most effective facilities are available for patient care, 2) additional clinical staffing to provide more avenues for treatment, 3) research to expand understanding of the effects of and best treatments for tbi and pts, 4) upgrades to physical spaces to enhance the environment of care, 5) supporting…

    $14,962,358 spentof which $14,740,415 as grants
    100% of program spending
  2. Other program services:in december 2024, a $10,000 support grant was given to a british non-profit, walking with the wounded, which treats and assists british military personnel who have suffered severe injuries in the wars in iraq and afghanistan. The Intrepid Fallen Heroes Fund has a long history of supporting british service members, who were included in the fund's original program of providing grants to families of military personnel who had been killed while serving in uniform.

    $10,000 spentof which $10,000 as grants
    0% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $14,972,358.

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 ($9.0M) Expenses 100 ($1.2M) Net assets 100 ($20M)2018 Revenue 102 ($9.2M) Expenses 1935 ($24M) Net assets 25 ($5.0M)2019 Revenue 106 ($9.5M) Expenses 144 ($1.8M) Net assets 64 ($13M)2020 Revenue 89 ($8.1M) Expenses 92 ($1.1M) Net assets 99 ($20M)2021 Revenue 85 ($7.7M) Expenses 970 ($12M) Net assets 77 ($15M)2022 Revenue 76 ($6.8M) Expenses 92 ($1.1M) Net assets 105 ($21M)2023 Revenue 57 ($5.2M) Expenses 1131 ($14M) Net assets 60 ($12M)2024 Revenue 77 ($6.9M) Expenses 91 ($1.1M) Net assets 90 ($18M)2025 Revenue 65 ($5.9M) Expenses 1271 ($16M) Net assets 40 ($7.9M)
'17'18'19'20'21'22'23'24'25
Revenue (65)Expenses (1271)Net assets (40)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 2017 to 2018, from $21M to $5.9M (−72%).

$21M
$5.9M
$13M
$21M
$15M
$23M
$13M
$19M
$8.1M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 10%. Grants only. Government contracts and fees sit inside program revenue.

95% of THE INTREPID FALLEN HEROES FUND’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).

This organization
Typical peer · 3,053 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$7.8M
’17
−$15M
’18
$7.7M
’19
$6.9M
’20
−$4.4M
’21
$5.7M
’22
−$8.9M
’23
$5.8M
’24
−$9.9M
’25
6.0
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.

Board chair

Richard T Santulli

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed171615141212141314
Joined·+2+0+0+0+1+2+0+1
No longer listed·31121010
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 52 funders to 45 funders, grant income fell $2.0M → $1.6M.

24 of 145 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% 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 THE INTREPID FALLEN HEROES FUND’s funders (the co-funder graph). Top 30 of 145 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

THE INTREPID FALLEN HEROES FUND has a broad base — no single funder exceeds 23% 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

69% 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 THE INTREPID FALLEN HEROES FUND.

23%
largest funder
48%
top three
~10
effective funders

Largest funder’s share by year: 2017 24% · 2018 38% · 2019 33% · 2020 31% · 2021 32% · 2022 25% · 2023 28% — 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

38% of THE INTREPID FALLEN HEROES FUND's funders are still giving 3 years after their first grant; 61% 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

THE INTREPID FALLEN HEROES FUND draws 92% of its grant income from funders outside New York, across 31 states in all.

NH
WA
MT
MN
IL
WI
MI
NY
MA
OR
NV
OH
PA
NJ
CT
CA
UT
CO
NE
MO
KY
VA
MD
DE
AZ
TN
NC
SC
LA
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $3.9M arriving through sponsors registered in 17 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

THE INTREPID FALLEN HEROES FUND is better cushioned than half of the 1,645 philanthropy nonprofits its size.

Operating margin−169% · bottom quartile
Months of reserve6.0mo · above the median
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 1,645 philanthropy nonprofits $1M–$10M, FY2025

Organizations like THE INTREPID FALLEN HEROES FUND

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 New York

Nationally

05Profile & governance

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

Where the money goes

95% of spending goes to programs.

Program 95%Management 3%Fundraising 2%

Governance

8
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

76%

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

Footprint & structure

Files a return copy in 29 states

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

Part of a family of 1 related entity

  • Intrepid Relief Fund · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE INTREPID FALLEN HEROES FUND: 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 THE INTREPID FALLEN HEROES FUND?
THE INTREPID FALLEN HEROES FUND (New York) receives grants from 145 organizations whose IRS filings report $14,714,117 to it, the largest being Disabled American Veterans (DAV) Charitable Service Trust ($3,415,000). 88 of them have funded it in more than one year.
How many funders does THE INTREPID FALLEN HEROES FUND have?
IRS filings report 145 organizations giving $14,714,117 in grants to THE INTREPID FALLEN HEROES FUND, 88 of which have funded it in more than one year.
Who is the largest funder of THE INTREPID FALLEN HEROES FUND?
Disabled American Veterans (DAV) Charitable Service Trust is the largest funder on record, with $3,415,000 in grants. The full list of funders is on this page.
How can an organization like THE INTREPID FALLEN HEROES FUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 FY2025 (financials across 2017–2025), and the filings of 145 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