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North Carolina · Nonprofit

THE WAR MEMORIAL FOUNDATION

THE WAR MEMORIAL FOUNDATION (North Carolina) receives grants from 3 organizations whose IRS filings report $17,600 to it, the largest being Enterprise Holdings Foundation ($17,000). 1 of them have funded it in more than one year.

Revenue FY2018
$38k
Funders on record
3
Grants received
$18k
Net assets
$52k
1/3 repeat funderspeak grant-dependency 1%
01What it does

What The War Memorial Foundation does

Mission

The War Memorial Foundation, inc. ("the foundation"), was chartered by the state of north carolina in 2009. The foundation is organized exclusively for benevolent, historic and education purposes within the meaning of section 501(c)(3) of the internal revenue code, including, for such purposes, the making of distributions to organizations that also qualify as section 501(c)(3) exempt organizations. The foundation pursues projects that specifically honor the service men and women of the united states armed forces and their families. All funds, whether income or principal, and whether acquired by gift or contribution or otherwise, are devoted to said purpose. The foundation's revenues are generated from grants, donations and fund raising activities. The foundation was organized for the following purposes: 1.The War Memorial Foundation is organized exclusively for benevolent, historic and educational purposes and shall pursue projects that specifically honor the service men and women of t

As stated on its FY2018 Form 990.

Program

The War Memorial Foundation, inc. ("the foundation"), was chartered by the state of north carolina in 2009. The foundation is organized exclusively for benevolent, historic and education purposes within the meaning of section 501(c)(3) of the internal revenue code, including, for such purposes, the making of distributions to organizations that also qualify as section 501(c)(3) exempt organizations. The foundation pursues projects that specifically honor the service men and women of the united states armed forces and their families. All funds, whether income or principal, and whether acquired by gift or contribution or otherwise, are devoted to said purpose. The foundation's revenues are generated from grants, donations and fund raising activities. The foundation was organized for the following purposes: 1.The War Memorial Foundation is organized exclusively for benevolent, historic and educational purposes and shall pursue projects that specifically honor the service men and women of the united states armed forces and their families. 2.to develop and construct the carolina field of honor in the triad park to offer recreation and education for the triad region. The carolina field…

The first program described on its most recent Form 990, which lists programs largest first by expense.

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 ($84k) Expenses 100 ($74k) Net assets 100 ($85k)2018 Revenue 45 ($38k) Expenses 97 ($72k) Net assets 61 ($52k)
20172018
Revenue (45)Expenses (97)Net assets (61)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 $85k to $52k (−39%).

$85k
$52k
20172018
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
ContributionsProgram revenueInvestmentOther

100% of THE WAR MEMORIAL FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (78% for the typical peer).

This organization
Typical peer · 18,808 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

$10k
’17
−$34k
’18
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.

20172018
Listed89
Joined·+1
No longer listed·0
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $600 → $4k.

From the IRS filings of THE WAR MEMORIAL FOUNDATION’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

THE WAR MEMORIAL FOUNDATION leans on a few funders — its largest provides 97% 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

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 83% · 2020 100% · 2022 100% · 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.

Where its funders are

THE WAR MEMORIAL FOUNDATION draws 97% of its grant income from funders outside North Carolina, across 2 states in all.

MO
NC

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

’17
’20
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. 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 WAR MEMORIAL FOUNDATION's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−88% · bottom quartile
Months of reserve8.7mo · below the median
Revenue growth (annualized)−55% · bottom quartile

this organization peer median middle 50% of peers· 8,675 arts & culture nonprofits under $100k, FY2018

Organizations like THE WAR MEMORIAL 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

70% of spending goes to programs.

Program 70%Management 3%Fundraising 27%

Governance

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

Public support

100%

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

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for THE WAR MEMORIAL 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 THE WAR MEMORIAL FOUNDATION?
THE WAR MEMORIAL FOUNDATION (North Carolina) receives grants from 3 organizations whose IRS filings report $17,600 to it, the largest being Enterprise Holdings Foundation ($17,000). 1 of them have funded it in more than one year.
How many funders does THE WAR MEMORIAL FOUNDATION have?
IRS filings report 3 organizations giving $17,600 in grants to THE WAR MEMORIAL FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of THE WAR MEMORIAL FOUNDATION?
Enterprise Holdings Foundation is the largest funder on record, with $17,000 in grants. The full list of funders is on this page.
How can an organization like THE WAR MEMORIAL 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.

Play a game about who funds War Memorial →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2018 (financials across 2017–2018), and the filings of 3 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