Vietnam Veterans Memorial Fund
1235 South Clark Street Suite 910
Top Leadership Pay:
President, CEO, and COO Jim Knotts, $226,564
Based on its 2019 tax return, we calculate that the Vietnam Veterans Memorial Fund spent 59.5 percent of its $6.4 million budget on overhead. This is higher than our recommended 25 percent overhead spending.
The Vietnam Veterans Memorial Fund used joint cost accounting for 26.8 percent of its 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.
To honor and preserve the legacy of service and educate all generations about the impact of the Vietnam War.