Green Beret Foundation

What it reported doing in 2024

Family support: the family of a special forces soldier is their first and most important support, and so it's critical that the green beret foundation provides trust, strength, and services to meet the needs of the entire family. The family support programs include scholarships, health and wellness programs, and access to our very own steel mags sisterhood program. These programs provide direct assistance for the spouses and children of special forces soldiers as they navigate the challenges of training, deployments, and life after the military that are not available by other means. These programs include: support and financial assistance to the spouses who must become a caregiver to a special forces soldier. This situation can affect them emotionally, physically, and can often seem overwhelming. We help them make sure they are taking care of themselves throughout the caregiving process. Financial support, care, and education for special forces parents with special-needs children. Healthcare and financial support for spouses and children suffering from conditions not covered by the dod/va, including cancer, medical devices, childcare, therapies and retreats, and meal trains. The de oppresso liber (dol) scholarship program, for qualified children of special forces soldiers. Dol1 scholarships are for children of non-commissioned officers, dol2 scholarships are for the children of warrant officers, and dol3 scholarships are for the children of commissioned officers. The athena scholarship program is for special forces spouses pursuing their undergraduate and graduate degrees. The athena grant provides special forces spouses financial support to cover the costs of vocational programs, exams, and professional development courses. The steel mags sisterhood program is exclusive to the green beret foundation. It provides spouses, parents, siblings, and caregivers of special forces soldiers. They receive unconditional support, strength, advocacy, and direction on how to access critical resources that empower them to build a life where they can thrive for themselves and their family. Financial support for monthly living expenses due to extenuating circumstances.gold star & surviving families support: our gold star family program begins in the immediate wake of a combat death, assisting with a wide variety of needs to support the family during the dignified transfer, memorial service, and funeral. Our sacred duty and privilege at the green beret foundation is to serve the families and loved ones who lost a special forces soldier. The final sacrifice of a fallen special forces soldier causes us to pause, reflect, and give thanks for the freedoms we hold so dear. For this reason, our gold star program remains a critical focus of our mission. Not every loss of a green beret is combat related. Our surviving family support often begins before the green beret passes due to injury in training, illness, or suicide. With sudden non-combat related deaths, we can react quickly and provide seamless support.this program includes: possible assistance of funeral costs not covered by the military and continuous engagement with families to support the healing of the green beret's immediate family through therapies, activities, and networking.

Financial Efficiency

• Mission deployment rate: 70.1%; rating input score 70
• Program expense ratio: 84.1%; rating input score 84
• Fundraising efficiency: $14.38 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 17.5%; rating input score 74; 74th percentile among comparable filings
• Total-asset coverage ratio: 1.52; rating input score 52; 52nd percentile among comparable filings
• Liabilities to assets ratio: 0.06; rating input score 68; 68th percentile among comparable filings
• Officer compensation ratio: 12%; rating input score 25; 25th percentile among comparable filings

Growth

• Program expense growth: 7.7% per year; rating input score 100; 54th percentile among comparable filings
• Revenue growth: 9.7% per year; rating input score 100; 67th percentile among comparable filings
• Asset growth: 14% per year; rating input score 100; 72nd percentile among comparable filings