2025-05-14T12:50:02-04:00 2024-12-31 STOCKMAN KAST RYAN CO LLP 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2024-01-01 861379592 Air Force Academy Real Estate Trust % KATIE WILLEMARCK AIRF 7194720300 3116 Academy Drive USAF Academy CO 80840 Katie Willemarck CFO 7194720300 2025-05-15 true true DOREEN B MERZ P00841439 7196301186 2024 2025-03-06 01:10:19Z Katie Willemarck 3116 Academy Drive USAF Academy CO 80840 0 false X https://www.afacademyfoundation.org/s/1885/21 X 2021 CO We align donor passion and generosity to serve and support the Air Force Academy through the Air Force Academy Foundation. 6 6 0 8 0 480000 0 0 0 -20259 0 0 0 459741 0 0 359731 0 0 0 0 0 0 0 6295 7200 6295 366931 453446 -366931 2558788 2197497 122424 128064 2436364 2069433 X WE ALIGN DONOR PASSION AND GENEROSITY TO SERVE AND SUPPORT THE AIR FORCE ACADEMY THROUGH THE AIR FORCE ACADEMY FOUNDATION. false false 359731 359731 0 SUPPORT THE AIR FORCE ACADEMY FOUNDATION. 359731 true false false false false false false false false false false false false false true true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 6 6 true false false false false false false true true false false true true true true false true true true false CO X X X KATIE WILLEMARCK 7194720300 3116 ACADEMY DRIVE USAF ACADEMY CO 80840 Mark D Hille Chief Executive Officer 1.0 20.0 X 0 167372 23102 Katie Willemarck Chief Financial Officer 1.0 20.0 X 0 126765 15554 Evan Dadosky Chair 1.0 1.0 X X 0 0 0 Kevin O'Neil Director 1.0 1.0 X 0 0 0 Jack Kucera Director 1.0 1.0 X 0 0 0 Mike Gismondi Director 1.0 0.0 X 0 0 0 Alexander P Gilbert Director 1.0 1.0 X 0 0 0 Aaron Doss director 1.0 0.0 X 0 0 0 0 294137 38656 0 false true false 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 359731 359731 0 0 0 0 0 0 0 0 0 0 0 1560 1560 0 0 0 0 0 0 0 0 0 0 0 0 5640 5640 0 0 0 366931 359731 7200 0 472201 110910 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2086587 2086587 0 0 0 0 0 0 0 0 2558788 2197497 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 122424 128064 122424 128064 X 0 0 2436364 2069433 2436364 2069433 2558788 2197497 -366931 X false true X true false X X X 1 AIR FORCE ACADEMY FOUNDATION 260537053 5 true 359731 0 1 359731 0 true false false false false false false false false false false false false false false true false 0 DUE TO AFAF 128064 128064 X 0 0 0 366931 366931 366931 Schedule D, Part X, Line 2 Both the Foundation and the Trust are qualified organizations exempt from federal income taxes under the provisions of 501(c)(3) of the Internal Revenue Code. In addition, both the Foundation and the Trust qualify for the charitable contribution deduction. The Organization believes that it does not have any uncertain tax positions that are material to the consolidated financial statements. true Air Force Academy Foundation 3116 Academy Drive USAF Academy CO 80840 260537053 501(c)(3) 359731 See Part IV 1 0 Schedule I, Part II, Column H, Line 1 To support the charitable and educational activities of the Foundation false false false false false false false false false Mark D Hille Chief Executive Officer 147589 19783 9083 14019 190474 schedule j, PART I, line 3 Compensation is determined by the Supported Organization using a Compensation Committee, Form 990 of other Organizations, Written employment contract, and Approval by the board or compensation committee. schedule j, PART I, line 7 - NON-FIXED PAYMENTS BONUSES PAID TO ALL QUALIFYING EMPLOYEES OF THE RELATED ORGANIZATION, SUBJECT TO APPROVAL BY COMPENSATION AND EXECUTIVE COMMITTEES OF THE RELATED ORGANIZATION. form 990, part vi, section a, line 2 all, but three individuals, of the board of directors for the Air Force Academy Real Estate Trust, also serve as either a board director or an officer of the related organization Air Force Academy Foundation (AFAF). Board officers, Mark Hille and Katie Willemarck, are compensated employees of the related organization, Air Force Academy Foundation (AFAF). since both board members of AFAF and the compensated officers of AFAF both serve on the filing organization simultaneously, these individuals are deemed to have a "business" relationship, based on the IRS definition of the business relationship. The following board directors have a business relationship with Mark Hille and Katie Willemarck: Alexandar Gilbert, Jack Kucera, and Kevin O'Neil. FORM 990, PART VI, SECTION B, LINE 11 b: THE ORGANIZATION PROVIDED THE FORM 990 TO THE BOARD OF DIRECTORS AND THE AUDIT COMMITTEE of the supported organization FOR THEIR REVIEW AND COMMENT BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY AND ANNUALLY sOLICITS CONFLICT OF INTEREST INFORMATION FROM BOARD MEMBERS AND OFFICERS. COMPLIANCE WITH OUR CONFLICT OF INTEREST POLICY IS EMPHASIZED DURING REGULAR BOARD MEETINGS BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION PROVIDES KEY FINANCIAL, POLICY, AND OTHER INFORMATION TO THE PUBLIC VIA THE WEBSITE https://www.afacademyfoundation.org/s/1885/21/interior.aspx?sid=1885&gid=2 &pgid=682 . ANY DOCUMENTS THAT ARE A MATTER OF PUBLIC RECORD AND ARE NOT AVAILABLE ON THE WEBSITE ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Air Force Academy Foundation 3116 Academy Drive USAF Academy CO 80840 260537053 See Part VII CO 501(c)(3) 5 None false false true false false true false false false false false false false true true true true true false false schedule r Part II, Line 1B To provide efficient and perpetual stewardship of donated gifts to the US Air Force Academy to ensure their permanency and efficacy in accordance with the donors' intent and to build a spirit of philanthropy among alumni, friends and others to motivate engagement and encourage support of the Academy's mission.