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CHARITY REVIEW
Issued: November 2024 Expires: November 2026

Pat Tillman Foundation

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
180 North LaSalle Street, Suite 2910
Chicago, IL, 60601

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Pat Tillman Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to unite and empower remarkable military service members, veterans and spouses as the next generation of public and private sector leaders committed to service beyond self."

Year, State Incorporated:
2004, CA

The Pat Tillman Foundation (PTF) identifies military service members, veterans, and spouses to empower them with academic scholarships, lifelong leadership development opportunities, and a global community of mentors and peers. The organization selects 60 individuals each year based on their demonstrated record of service, scholarship, humble leadership, and potential for impact. The impact areas PTF focuses on include business, education, healthcare, the humanities, law, public services, and STEM. In addition to awarding scholarships, PTF also holds an annual road race in Tempe, Arizona to raise money in support of the scholars program.

For the year ended December 31, 2023, Pat Tillman Foundation's program expenses were:

Program services $3,953,202
Total Program Expenses $3,953,202

Chief Executive
Katherine Steele, Chief Executive Officer

Compensation*
$199,196

Chair of the Board
Marie Tillman Shenton

Chair's Profession / Business Affiliation
Co-founder, Pat Tillman Foundation

Board Size
12

Paid Staff Size
19

*2024 compensation, as reported by the organization, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Note: Dan Fuetrell, Former Chief Executive Officer, was the highest paid employee during 2023, receiving $199,196 in compensation.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Membership appeals, Planned giving arrangements

Fundraising costs were 22% of related contributions. (Related contributions, which totaled $4,748,984, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Pat Tillman Foundation's audited financial statements for the year ended December 31, 2023.

Source of Funds
Contributions $3,856,827
Special events, net $892,157
Gain on investments, net $193,356
Service fee income $130,863
Total Income $5,073,203

Programs: 71% Fundraising: 18% Administrative: 11%

Total Income $5,073,203
Total expenses: $5,569,363
  Program expenses $3,953,202
  Fundraising expenses $1,023,415
  Administrative expenses $592,746
  Other expenses $0
Income in Excess of Expenses $-496,160
Beginning Net Assets $5,386,672
Other Changes In Net Assets $0
Ending Net Assets $4,890,512
Total Liabilities $858,380
Total Assets $5,748,892

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance