Folds of Honor Foundation

Based on its 2022 tax return, we calculate Folds of Honor Foundation spent 90.2 percent of its $46.9 million budget on programs and 9.8 percent on overhead. This meets our recommendation that a highly recommended charity spend at least 90 percent of its budget on programs.

Folds of Honor Foundation filed one transaction with an interested person. They provided Reilly Marie Nichols, child of EVP of Operations and Relationships Nick Nichols, with a $2,500 higher education scholarship.

We did not detect any issues with the Folds of Honor Foundation when screening the organization. Read more about our rating system here.

To provide financial assistance for the education of spouses and dependent children of service men/women who are either killed or permanently disabled while serving and defending our great nation.