2024-04-02T08:31:24-05:00 2023-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2023-01-01 470902295 Children of Fallen Patriots Foundation CHIL 8669172373 1818 Library Street 500 Reston VA 201906274 Peter J Hogarth Chief Financial Officer 8669172373 2024-04-02 1 Peter Hogarth XXX-XX-XXXX 1 Lori A Collingsworth P00639819 7038930300 2024-04-02 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z David Y Kim 1818 Library Street 500 Reston VA 201906274 13090835 0 X https://www.fallenpatriots.org/ X 2002 DE Provides college scholarships and educational counseling to military children who have lost a parent in the line of duty. 6 6 35 0 0 0 13355573 12204725 0 0 73819 563360 -368646 -390247 13060746 12377838 9746920 10159707 0 0 2957533 2911806 0 0 1302507 1289882 1239468 13994335 14310981 -933589 -1933143 18264760 16291062 189190 148635 18075570 16142427 The Foundation was formed for the purpose of providing college scholarships and educational counseling to military children who have lost a parent in the line of duty. 0 0 12276657 10159707 Educational Scholarships:Provided college scholarships and educational counseling to military children who have lost a parent in the line of duty. 12276657 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 35 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X Peter J Hogarth CFO 8669172373 1818 Library Street Suite 500 Reston VA 201906274 Thomas M McGann Chair 1.00 X X 0 0 0 David Y Kim Co-founder & Chief Executive Officer 1.00 X X 0 0 0 David Daigle Treasurer 1.00 X X 0 0 0 Nancy Armstrong Director 1.00 X 0 0 0 Benjamin Y Carter Director 1.00 X 0 0 0 Robert J Sweeney Director 1.00 X 0 0 0 Peter Hogarth CFO & Co-Chief of Staff 40.00 X 330000 0 22818 Steven Smith Development Officer 40.00 X 195657 0 904 Luisa Zhou VP Finance & Sr. Dir of Ops 40.00 X 208833 0 20662 Lillian Hoffer Development Officer 40.00 X 137500 0 176 Jeanette McMahon Development Officer 40.00 X 112750 0 192 Mary Grace McCormick Asst Controller 40.00 X 105865 0 192 1090605 0 44944 6 0 1 0 Cirpriani 42nd Street Lessee 110 East 42nd St New York NY 10017 Event Space 231029 Dion Marketing 2014 Mayport Rd Jacksonville FL 32233 Marketing Support 114012 Riverside Yacht Club 102 Club Rd Riverside CT 06878 Event Space 111963 Abbey Tent & Party Rentals 158 Commerce Dr Fairfield CT 06825 Event Items 110600 4 15422 4782428 7406875 12204725 563360 563360 322750 4782428 712997 -390247 -390247 12377838 0 0 173113 10159707 10159707 352818 202519 66497 83802 2131944 1223748 401813 506383 248078 144620 44981 58477 178966 103659 31965 43342 31198 31198 126310 58125 44012 24173 120853 56240 64613 266260 100581 7527 158152 144838 50660 55133 39045 13068 7950 2414 2704 115231 81302 2112 31817 381787 87546 5804 288437 13509 13509 Annual filing fee 18228 18228 Licenses and permits 5330 5058 272 Membership dues 2856 1566 1290 14310981 12276657 731817 1302507 4133752 1042875 12372354 12875394 1590632 2249588 168022 123205 18264760 16291062 189190 148635 189190 148635 X 13929907 13343571 4145663 2798856 18075570 16142427 18264760 16291062 -1933143 0 X X 0 1 X 1 0 X 14239565 7157957 10965173 13355573 12204725 57922993 14239565 7157957 10965173 13355573 12204725 57922993 10137726 47785267 208083 46201 4776 73819 563360 896239 58819232 1149550 0.81240 0.75100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 13224881 859043 859043 12365838 12000 12000 12377838 15158024 859043 859043 14298981 12000 12000 14310981 Part X, Line 2: Management has evaluated the Foundation's tax positions and concluded that the financial statements do not include any uncertain tax positions. Part XI, Line 4b - Other Adjustments: Other fundraising expenses netted in revenue 12,000. Part XII, Line 4b - Other Adjustments: Other fundraising expenses netted in revenue 12,000. NYC Gala 2807760 2582210 225550 168940 246029 2100 Greenwich Gala 2297418 2200218 97200 133925 114263 47740 5105178 4782428 322750 302865 360292 49840 712997 -390247 1 Educational Scholarships 1235 10159707 0 N/A N/A Part I, Line 2: Children of Fallen Patriots grants are awarded to children of deceased service-members who died in the line of duty or due to service connection. The purpose of Fallen Patriots grants is to cover the costs associated with college tuition, student loans, room, board, living expenses, books fees and other miscellaneous educational expenses. To monitor the use of grant funds, the following controls are in place: Potential grant recipients are verified through Department of Defense casualty next of kin lists or through review of Form DD 1300. Recipient needs are reviewed with the Program Director and reviewed by the Chief Executive Officer prior to distribution of funds. Funds are distributed directly to the college or university to be applied to the student's expenses whenever possible. Receipts are used for direct reimbursement to students or their surviving parent. Minimum fixed funding amounts are provided for living expenses, transportation, books, and one-time computer purchases. These fixed amounts are based in part on third party expense studies provided by the college board. These amounts also are corroborated by Fallen Patriots cost/expense experience over fourteen years. The Program Director, Chief Executive Officer, and Chief Financial Officer monitor the use of funds with the colleges and students, with any unused funds being returned to the organization. X X 0 0 0 0 0 0 0 0 0 Peter Hogarth CFO & Co-Chief of Staff 300000 0 30000 0 0 0 0 0 22818 0 352818 0 0 0 Luisa Zhou VP Finance & Sr. Dir of Ops 189583 0 19250 0 0 0 0 0 20662 0 229495 0 0 0 Steven Smith Development Officer 186340 0 9317 0 0 0 0 0 904 0 196561 0 0 0 Schedule J, Part I, Line 3: The Chief Executive Officer receives no compensation. The compensation of the Chief Financial Officer and other upper management is determined by a Compensation Committee and approved by the Board of Directors. Form 990, Part I, Line 1, Description of Organization Mission: Our mission is to provide college scholarships and educational counseling to military children who have lost a parent in the line of duty. We are dedicated to serving the families of service members from all branches of the armed forces who have died as a result of combat casualties, military training accidents, service related illnesses, suicide, as well as other duty-related deaths as ruled by the Department of Veterans Affairs. We aim to bridge the gap in funding between the VA (and/or other resources) and the total cost of undergraduate college education. The vision of Children of Fallen Patriots Foundation is to ensure that every child of a fallen patriot receives all necessary college funding. - We believe a college education is the single most important gift we can give these children. - We believe this is an important investment in the future of America. - We believe this is one of the best ways we can honor those who died defending our country. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by the organization's CPA and reviewed and approved by the organization's Chief Executive Officer and Chief Financial Officer. The final copy of the return is presented to the Board of Directors for review and approval before filing with the IRS. Form 990, Part VI, Section B, line 12c The Conflict of Interest Policy is reviewed annually by the Board of Directors. Any potential conflicts of interest are documented and reviewed with outside legal counsel if required in accordance with the policy. Form 990, Part VI, Section B, line 15 The Chief Executive Officer receives no compensation. The compensation of the Chief Financial Officer and other upper management is determined by a Compensation Committee and approved by the Board of Directors. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, financial statements, and tax returns are available to the public. Governing documents and conflict of interest policy can be requested by calling our office or in writing. Financial statements and tax returns are available on our website. Form 990, Part XII, Line 2c: The organization's Board of Directors is responsible for oversight of the audit, including selection of the independent accountant. The process has not changed from previous years.