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CHARITY REVIEW
Issued: September 2025 Expires: September 2027

Warriors and Quiet Waters Foundation

Accredited Charity
Accredited Charity

Meets Standards
(406) 585-9793
351 Evergreen Drive, Suite A
Bozeman, MT, 59715
https://www.warriorsandquietwaters.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

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

Warriors and Quiet Waters Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to empower post-9/11 combat veterans and their loved ones to thrive and live purpose-driven lives through peak experiences in nature, meaningful relationships, and a sense of community."

Year, State Incorporated:
2007, MT

Warriors and Quiet Waters Foundation (WQWF) reports that it challenges post-9/11 combat veterans to move from surviving to thriving. The organization's Built for More program seeks to guide veterans through a six-to-twelve-month journey of personal growth and discovery. Each group of 8-10 veterans engages in a hybrid program model with five-day immersive outdoor expeditions bookending months of structured virtual learning and peer support. Outdoor activities include fly fishing, archery, and photography, which aim to reduce stress, improve creativity, and build resilience.

For the year ended December 31, 2023, Warriors and Quiet Waters Foundation's program expenses were:

Program services $2,856,779
Total Program Expenses $2,856,779

Chief Executive
Brian Gilman, Chief Executive Officer

Compensation*
$206,382

Chair of the Board
Sandra Stash

Chair's Profession / Business Affiliation
Retired, Executive Vice President, Safety, Operations and Engineering, and External Affairs, Tullow Oil

Board Size
17

Paid Staff Size
24

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Foundation grants, Print advertisements, Corporate solicitation

Fundraising costs were 21% of related contributions. (Related contributions, which totaled $4,584,515, 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 Warriors and Quiet Waters Foundation's audited financial statements for the year ended December 31, 2023.

Source of Funds
Sales income $2,671
Rental income $67,613
In-kind contributions $184,145
Special events $711,716
Investment income, net $1,625,006
Contributions, net $3,688,654
Total Income $6,279,805

Programs: 70% Fundraising: 23% Administrative: 7%

Total Income $6,279,805
Total expenses: $4,090,185
  Program expenses $2,856,779
  Fundraising expenses $941,422
  Administrative expenses $291,984
  Other expenses $0
Income in Excess of Expenses $2,189,620
Beginning Net Assets $19,685,018
Other Changes In Net Assets $-8,522
Ending Net Assets $21,866,116
Total Liabilities $2,030,386
Total Assets $23,896,502

Note 1: As noted in the above financial section, "other change in net assets" refers to a loss on disposal of assets.

Note 2: According to WQWF's audited financial statements - consolidated - for the year ended December 31, 2023, the organization received $146,170 in contributed goods and services including contracted services ($80,743), gear ($27,832), advertising ($13,490), special events and development ($12,794), technology ($5,800), occupancy ($2,300), outreach ($1,230), accommodations ($1,017), professional fees ($600), training ($290), office ($74).

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.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance