Special Operations Warrior Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Special Operations Warrior Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to honor the fallen, and all Medal of Honor Recipients, by providing full educations and additional opportunities, 'cradle to career" (preschool-college), to their children."
Year, State Incorporated:
1980, FL
Special Operations Warrior Foundation (SOWF) reports that it provides full educations and additional opportunities to children of fallen military personnel. Educational opportunities include: academic advocacy, preschool and private school grants, tutoring, support for students with disabilities, college readiness programs, full financial assistance for up to a four-year post-secondary degree, access to college to career transitions program, and a commitment to cover educational costs for the surviving children of Special Operations Personnel (SOP) whose spouses perish while the Special Operator is actively serving. The organization also provides immediate financial grants to severely combat-wounded, ill, and injured SOP who require hospitalization. In 2024, SOWF states that it financially supported 1,202 children, with 225 currently in college and financially assisted 60 hospitalized SOP personnel.
For the year ended December 31, 2024, Special Operations Warrior Foundation's program expenses were:
| Scholarships and related expenses | $13,978,786 |
| Counseling, tutoring, preschool, and internships | $3,265,299 |
| Support to Special Operations wounded personnel | $465,577 |
| Total Program Expenses | $17,709,662 |
Chief Executive
Clayton M. Hutmacher, President and Chief Executive Officer
Compensation*
$333,344
Chair of the Board
Raymond A. Thomas, III
Chair's Profession / Business Affiliation
Retired, General, United States Army
Board Size
25
Paid Staff Size
18
*2024 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Radio, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 6% of related contributions. (Related contributions, which totaled $19,190,297, 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 Special Operations Warrior Foundation's audited financial statements for the year ended December 31, 2024.
Source of Funds
| Realized and unrealized gain on investments, net | $26,416,207 |
| Contributions | $14,805,486 |
| Special events, net | $4,384,811 |
| Interest and dividends | $2,741,143 |
| Total Income | $48,347,647 |
Programs: 91% Fundraising: 6% Administrative: 3%
| Total Income | $48,347,647 |
| Total expenses: | $19,426,426 |
| Program expenses | $17,709,662 |
| Fundraising expenses | $1,132,260 |
| Administrative expenses | $584,504 |
| Other expenses | $0 |
| Income in Excess of Expenses | $28,921,221 |
| Beginning Net Assets | $144,309,997 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $173,231,218 |
| Total Liabilities | $83,409,497 |
| Total Assets | $256,640,715 |
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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Meets Standards
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Standards Not Met
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance