Vietnam Veterans Memorial Fund
Year Founded:
1979
Address:
1235 South Clark Street Suite 910
Arlington, VA 22202
EIN:
52-1149668
Top Leadership Pay:
President, CEO, and COO Jim Knotts, $259,519
Employees:
19
Revenue:
$8,097,098
Expenses:
$7,330,422
Description
Based on its 2022 tax return, we calculate that the Vietnam Veterans Memorial Fund spent 65.4 percent of its $7.3 million budget on overhead. This is higher than our recommended 25 percent maximum overhead spending.
Additionally, the Vietnam Veterans Memorial Fund used joint cost accounting for 39.2 percent of its annual budget. While legal, this accounting method can disguise overhead costs as program spending. We recommend that no more than 5 percent of a budget be allocated to joint cost accounting.
We do not recommend giving to the Vietnam Veterans Memorial Fund. See our lists of Highly Recommended Charities and Recommended Charities for alternatives.
Mission Statement
To honor and preserve the legacy of service and educate all generations about the impact of the Vietnam War.