Skip to content

Virginia · Nonprofit

Vietnam Veterans Memorial Fund Inc

Vietnam Veterans Memorial Fund Inc (Virginia) receives grants from 102 organizations whose IRS filings report $862,342 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($154,089). 42 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$8.6M
Funders on record
102
Grants received
$862k
Net assets
$24M
42/102 repeat funderspeak grant-dependency 1%
01What it does

What Vietnam Veterans Memorial Fund Inc does

Mission

To honor and preserve the legacy of service and educate all generations about the impact of the Vietnam War.

As stated on its FY2025 Form 990.

Programs

  1. Memorial Legacy - The Organization preserves the legacy of the Memorial and promoting healing through public outreach and awareness, as well as promoting visitation of the Memorial to the general public. The Fund interacts with the public both in person and online to provide information about the Memorial's legacy. In person, Fund staff provide tours, answer questions about The Wall and its history, and do name rubbings for those that can't visit. Online, the Fund's website provides historical and educational information about the Memorial and those whose names are inscribed on it. The Wall of Faces portion of the website provides a page for each service member whose name is inscribed on The Wall and allows families, friends, and veterans to post remembrances and photos, extending the healing power and emotional impact of The Wall to millions of people through the internet. The Fund also uses social media and other digital content and technologies including a mobile app to share the story of the Memorial and its legacy with people all around the world.

    $2,182,115 spent
    50% of program spending
  2. The Wall That Heals - The Organization promotes healing and provides education about the impact of the Vietnam War through the traveling Memorial called "The Wall That Heals." The Fund exhibits a 3/4-scale replica of the Vietnam Veterans Memorial in cities and locations throughout the United States, making it possible for individuals who are unable to travel to Washington, D.C., to recognize, remember, and honor those who served and died, and to experience a connection with lost comrades and loved ones. The traveling Memorial also includes a mobile education center to teach visitors of all ages about the Vietnam War and the era.

    $792,196 spent$384,989 earned by the program
    18% of program spending
  3. Memorial Maintenance - The Organization works in cooperation with the National Park Service to provide for special maintenance needs of the Vietnam Veterans Memorial in Washington, D.C., including the adjacent Three Servicemen statue, flagpole, Vietnam Women's Memorial, In Memory plaque, and the three-acre site where the Vietnam Veterans Memorial is located; to maintain the site's function as a place of reflection on the Vietnam War; a place of honor, recognition, and remembrance of those who served and those who died; a place of spiritual connection with lost comrades and loved ones; and a symbol of healing for our nation. In 2023, VVMF assumed maintenance responsibility for the Vietnam Women's Memorial through its partnership with the Park Service. VVMF now cares for and helps maintain the entire memorial site including the Wall, the Three Servicemen Statue, the Vietnam Women's Memorial and the In-Memory plaque. The Memorial has been visited by more than 95 million people, making it one of the most visited memorials on the National Mall. This year nearly 5 million people visited the Vietnam Veterans Memorial in Washington, D.C.

    $415,250 spent
    10% of program spending
  4. In Memory - VVMF's In Memory program honors Vietnam veterans who served, returned home, and later died, but are not eligible for inscription on the wall under Department of Defense guidelines. Examples of causes of death that fit the criteria for inclusion in the program include: exposure to Agent Orange, PTSD/suicide, cancer, diabetes, and heart attack. The In Memory program also conducts a reading of the names and In Memory events.

    $375,851 spent
    9% of program spending
  5. Education Programs - The Organization seeks to educate students about the impact of the Vietnam War and preserve the legacy of the Vietnam Veterans Memorial through programs related to the education of students and teachers regarding the Vietnam War, the Vietnam Veterans Memorial, and the Memorial's legacy in culture and society. The Fund's education programs reach teachers and students from grades 7 to 12, as well as higher education. The Hometown Heroes program, developed to promote a greater understanding of the Vietnam War, the Vietnam era, and the personal sacrifice of the individuals whose names are inscribed on the Memorial, provides curriculum to schools and community organizations to encourage students. The podcast Echoes of the Vietnam War tells the stories of Vietnam veterans and those still affected by it.

    $258,459 spent
    6% of program spending
  6. Ceremonies and Events - The Organization plans, organizes and conducts ceremonies and events each year to recognize, remember, and honor those who served and died, as well as to bring healing to their families, their friends, and the nation. Related costs are associated with planning, organizing, and conducting a number of ceremonies at the memorial and elsewhere to bring people together to remember and honor the men and women who served in the Vietnam War and those who died.

    $246,204 spent
    6% of program spending
  7. Outreach - Outreach efforts include all activities to make people aware of VVMF various programs and activities: presentations to visitor groups, veteran groups, or students about the Vietnam War; its veterans; and the Memorial. Outreach also makes people aware of the In Memory Program, The Wall That Heals, ceremonies and other activities that take place as part of VVMF's mission.

    $72,472 spent
    2% of program spending

The 7 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,342,547.

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 ($17M) Expenses 100 ($7.8M) Net assets 100 ($40M)2018 Revenue 50 ($8.7M) Expenses 98 ($7.7M) Net assets 27 ($11M)2019 Revenue 67 ($12M) Expenses 146 ($11M) Net assets 28 ($11M)2020 Revenue 35 ($6.1M) Expenses 82 ($6.4M) Net assets 27 ($11M)2021 Revenue 42 ($7.3M) Expenses 78 ($6.1M) Net assets 32 ($13M)2022 Revenue 46 ($8.1M) Expenses 94 ($7.3M) Net assets 29 ($12M)2023 Revenue 64 ($11M) Expenses 93 ($7.3M) Net assets 41 ($17M)2024 Revenue 44 ($7.7M) Expenses 90 ($7.0M) Net assets 51 ($20M)2025 Revenue 49 ($8.6M) Expenses 82 ($6.4M) Net assets 59 ($24M)
'17'18'19'20'21'22'23'24'25
Revenue (49)Expenses (82)Net assets (59)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 $41M to $20M (−52%).

$41M
$20M
$15M
$12M
$14M
$13M
$17M
$21M
$25M
'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

84% of Vietnam Veterans Memorial Fund Inc’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$9.6M
’17
$1.0M
’18
$252k
’19
−$312k
’20
$1.1M
’21
$767k
’22
$3.9M
’23
$622k
’24
$2.2M
’25
4.1
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

Christopher J Knotts

President & CEO

Board chair

Alan Buckelew

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed121115141818211821
Joined·+0+6+1+5+1+4+1+3
No longer listed·12211140
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 10 funders to 30 funders, grant income rose $44k → $139k.

15 of 102 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% 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 Vietnam Veterans Memorial Fund Inc’s funders (the co-funder graph). Top 30 of 102 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

Vietnam Veterans Memorial Fund Inc has a broad base — no single funder exceeds 18% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

89% 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 Vietnam Veterans Memorial Fund Inc.

18%
largest funder
43%
top three
~12
effective funders

Largest funder’s share by year: 2017 56% · 2018 39% · 2019 27% · 2020 31% · 2021 45% · 2022 45% · 2023 32% — 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

26% of Vietnam Veterans Memorial Fund Inc's funders are still giving 3 years after their first grant; 41% 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

57% of Vietnam Veterans Memorial Fund Inc'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 $372k that is directly attributable, 96% of it comes from funders outside Virginia, across 28 states.

ME
IL
WI
MI
NY
MA
NV
IA
OH
NJ
CT
RI
CA
UT
MO
KY
VA
MD
DE
KS
AR
TN
NC
SC
AL
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $490k arriving through sponsors registered in 11 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

Vietnam Veterans Memorial Fund Inc runs a healthier operating margin than three-quarters of the 3,430 arts & culture nonprofits its size.

Operating margin26% · top quartile
Months of reserve4.1mo · above the median
Revenue growth (annualized)−8% · bottom quartile

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Government funding Vietnam Veterans Memorial Fund Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3k on record.

State$3k
Top programs
  • Exhibitions,Shows,Spec.Events$3k

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 Vietnam Veterans 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

68% of spending goes to programs.

Program 68%Management 8%Fundraising 24%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

85%

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

Footprint & structure

Files a return copy in 43 states

AK
ME
NH
MT
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
OH
PA
NJ
CT
RI
CA
UT
MO
KY
WV
VA
MD
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for Vietnam Veterans 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Vietnam Veterans Memorial Fund Inc?
Vietnam Veterans Memorial Fund Inc (Virginia) receives grants from 102 organizations whose IRS filings report $862,342 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($154,089). 42 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Vietnam Veterans Memorial Fund Inc have?
IRS filings report 102 organizations giving $862,342 in grants to Vietnam Veterans Memorial Fund Inc, 42 of which have funded it in more than one year.
Who is the largest funder of Vietnam Veterans Memorial Fund Inc?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $154,089 in grants. The full list of funders is on this page.
How can an organization like Vietnam Veterans 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.

Play a game about who funds Vietnam Veterans Memorial →

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 102 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