Vietnam Veterans Memorial Fund

Year Founded:

1979

Address:

1235 South Clark Street Suite 910
Arlington, VA

EIN:

52-1149668

Top Leadership Pay:

President, CEO, and COO Jim Knotts, $226,564

Employees:

19

Revenue:

$6,116,551

Expenses:

$6,428,923

Description

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.

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.