Folded Flag Foundation
The Folded Flag Foundation is a Las Vegas-based 501(c)(3) nonprofit founded in 2014 that provides educational scholarships and support grants to spouses and children of U.S. military personnel who died in combat or combat-related incidents, directing 100% of public donations to beneficiaries while corporate sponsors cover all administrative costs.
- Company typePrivate
- Founded2014
- HeadquartersLas Vegas, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Folded Flag Foundation does
Folded Flag Foundation is a Las Vegas-based 501(c)(3) nonprofit founded in 2014 by Bill Foley (a West Point graduate and chairman of Fidelity National Financial) and his classmates to honor U.S. military service members who died as a result of hostile action or combat-related accidents. The Foundation provides educational scholarships and support grants to two primary beneficiary segments — Gold Star spouses (any age) and Gold Star children aged 4 to under 26 — covering K-12 private school tuition, tutoring, after-school programs, college/trade school tuition, books, living expenses, childcare, test preparation, career preparation, and graduate school funding, subject to caps of $7,500 per academic year and $80,000 lifetime per individual.
The Foundation operates a unified Educational Scholarship Program with three product modules (K-12, College/Technical/Trade School, and Summer Programs), supplemented by the named General Montgomery C. Meigs Scholarship and the Gold Star Family Service Grant Program. Distribution is via a self-serve online application portal (webportalapp.com) plus mail/email submission channels, with no proprietary technology stack. Beneficiaries span 39+ U.S. states and over 1,100 individuals since inception, with 1,108 scholarships awarded for the 2025-26 school year.
The Foundation's revenue model is dual-track: 100% of public donations flow directly to scholarships, while all administrative and operational costs are underwritten by a concentrated group of corporate sponsors (FNF, FIS, Black Knight, ServiceLink, Cannae Holdings, Dun & Bradstreet). Fundraising is led by the annual Salute to Service Gala in New York City (raising $1.1M+ in 2024 and $1.15M+ in 2023), a regional ambassador network, and donations via online, mail, stock-transfer, and estate-planning channels. Since inception, the Foundation has raised nearly $28 million and awarded over 4,500 scholarships.
Folded Flag Foundation firmographics
Firmographics- Name
- Folded Flag Foundation
- Legal name
- The Folded Flag Foundation, Inc.
- Website
- https://foldedflagfoundation.org
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Folded Flag Foundation is a Las Vegas-based 501(c)(3) nonprofit founded in 2014 that provides educational scholarships and support grants to spouses and children of U.S. military personnel who died in combat or combat-related incidents, directing 100% of public donations to beneficiaries while corporate sponsors cover all administrative costs.
- Ownership category
- akta.pro rank
Folded Flag Foundation industry classification
Industry- Product category
- Charitable Educational Scholarship Services
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (8132)
- SIC
- Services-Social Services (8300)
- akta.pro primary industry
- Education Grantmaking Foundations (BPAGAKAK)
- akta.pro secondary industries
- College Access, Scholarships & Student Success Nonprofits (BPAGADAE), Scholarship & Fellowship Foundations and Trusts (EDADAHAC), Private Foundations (BPAGAKAA)
Keywords
Where Folded Flag Foundation is headquartered
LocationHeadquarters
- HQ city
- Las Vegas
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Folded Flag Foundation business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Others
Revenue model
- Public Donations: 100% of all public donations go directly to qualifying Gold Star families as scholarships and support grants. The organization relies on public generosity to fund educational scholarships.
- Corporate Underwriting: Corporate sponsors (Black Knight, ServiceLink, Fidelity National Financial, FIS, Cannae Holdings, Dun & Bradstreet) cover all administrative and operational costs, enabling 100% of public donations to reach families directly.
- Gala and Event Fundraising: Annual Salute to Service Gala in New York City generates significant donations, with proceeds going directly to educational scholarships for Gold Star families.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Fall/Spring K-12, College, Graduate, Trade Schools Scholarship |
| Other | Annual | Summer College, Graduate and Trade Schools Scholarship |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Folded Flag Foundation product offering
Product offeringCore offering
The Folded Flag Foundation is a 501(c)(3) nonprofit that provides educational scholarships and support grants to the spouses and children of U.S. military and government personnel who died as a result of hostile action or combat-related accidents. Its offerings cover K-12 private school tuition and tutoring, college and trade/technical school tuition and living expenses, graduate school funding, summer educational programs, and a Gold Star Family Service Grant Program for transition-to-civilian-life support. Public donations fund 100% of scholarships while corporate sponsors underwrite all administrative costs.
Product overview
The Folded Flag Foundation operates a unified scholarship and grant program for Gold Star families. The core offering is the Educational Scholarship Program, which encompasses Children's Education Scholarships (K-12), College/Technical/Trade School Scholarships, and Summer Educational Program Scholarships. Additionally, the organization offers the named General Montgomery (Monty) C. Meigs Scholarship for exceptional students demonstrating academic and athletic excellence with selfless service values. The Gold Star Family Service Grant Program provides broader transition support to qualifying families.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- $4.79 million awarded in 1,073 scholarships for 2024-25 school year
- +4 more outcomes
Companies that use Folded Flag Foundation
Customer profileNamed customers7 records
Segments2 records
Ideal customer profiles3 records
Folded Flag Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Folded Flag Foundation partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core and minor.
- Bridgeport PartnerscorePresenting sponsor for the 2024 and 2023 Salute to Service Gala. Co-founded by Frank Martire, Foundation Board member.
- Smith's (Kroger)minorCorporate partner that pledged $50,000 donation to support Gold Star spouses and children.
- MasterbrandminorCorporate partner supporting the Foundation's mission.
- Wynn ResortsminorCorporate partner contributing to Gold Star family support.
- CostcominorInternational chain of membership warehouses with nearly 2,800 stores in 35 states, annual sales of more than $132.5 billion.
- Earth BabyminorProduct partner committed to using certified organic fruit and vegetable based non-toxic ingredients for baby products.
- City National BankminorCorporate partner that pledged $100,000 donation to support Gold Star spouses and children. Founded in 1954, provides wealth management and banking services.
- Gary Sinise FoundationminorProgram partner helping spread the word about Gold Star Family Scholarship Program.
- Snowball ExpressminorProgram partner serving Gold Star families and helping promote awareness of scholarship program.
- Pat Tillman FoundationminorProgram partner supporting military families and spreading awareness of educational opportunities.
- Children of Fallen PatriotsminorProgram partner providing complementary services to Gold Star families.
- EOD Warrior FoundationminorProgram partner supporting families of fallen EOD personnel and promoting scholarship awareness.
- TAPS (Tragedy Assistance Program for Survivors)minorProgram partner providing support to families of fallen military personnel and promoting scholarship opportunities.
- Special Operations Warrior FoundationminorProgram partner supporting special operations fallen families with educational scholarships.
- Foley Family WinesminorWorld-class vintner providing wines for Foundation events including the Food, Wine and Arts Festival and Salute to Service Gala.
- O'Charley'sminorRestaurant chain with over 50 locations across Southeast and Midwest, has donated $750,000 at end of 2022.
- Miller Electric CompanyminorNational electrical and technology solutions company headquartered in Jacksonville, FL with over 2,000 employees.
- Ninety Nine Restaurant & PubminorNew England's first locally based casual restaurant company established in 1952, operates more than 90 restaurants throughout the Northeast.
Scale indicators14 records
Recent moves6 records
Expansion highlights5 records
Folded Flag Foundation competitors and assessment
Company assessmentDirect peers
- Children of Fallen Patriots: Direct peer providing college scholarships and educational support to children of U.S. military service members who died in the line of duty — same beneficiary segment (Gold Star children) and same core product (education scholarships) as Folded Flag.
- TAPS (Tragedy Assistance Program for Survivors): Direct peer serving surviving families of fallen U.S. military personnel, including education assistance and scholarship programming for Gold Star spouses and children — overlapping beneficiary base and partnership history with Folded Flag.
- Pat Tillman Foundation: Direct peer providing scholarships and professional development to military families and veterans; serves a related beneficiary segment (military families including Gold Star) and operates named scholar programs with comparable structure.
- Special Operations Warrior Foundation: Direct peer providing educational scholarships and financial support to children and spouses of special operations personnel killed in the line of duty — overlapping beneficiary definition and named-scholarship product structure.
- Gary Sinise Foundation: Direct peer supporting U.S. military service members, veterans, and Gold Star families through programs including education grants — overlapping mission and active cross-promotion partner with Folded Flag.
- EOD Warrior Foundation: Direct peer providing scholarships and financial assistance to families of fallen and wounded Explosive Ordnance Disposal personnel — narrow, overlapping Gold Star family education-scholarship mission and partnership overlap with Folded Flag.
- Snowball Express: Direct peer supporting Gold Star spouses and children of fallen military service members with programming, events, and education resources — same beneficiary segment and partner-level relationship with Folded Flag.
- Marine Corps Scholarship Foundation: Direct peer providing need-based scholarships to children of U.S. Marines, including children of fallen Marines — overlapping education-scholarship product for children of deceased military service members.
Broad incumbents
- Fisher House Foundation: Broader incumbent serving military and veteran families through housing, scholarships, and emergency assistance — wider mission scope but overlapping military-family education and support categories.
Emerging players
- Intrepid Fallen Heroes Fund: Adjacent peer serving U.S. military personnel and families severely wounded or killed in service — overlapping military-family beneficiary base with partial overlap in education and transition support.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Folded Flag Foundation social profiles
Digital presenceFolded Flag Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Folded Flag Foundation leadership team
Management profileNumber of profiles
Profiles6 records
Folded Flag Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Folded Flag Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Folded Flag Foundation
What does Folded Flag Foundation do?
The Folded Flag Foundation is a 501(c)(3) nonprofit that provides educational scholarships and support grants to the spouses and children of U.S. military and government personnel who died as a result of hostile action or combat-related accidents. Its offerings cover K-12 private school tuition and tutoring, college and trade/technical school tuition and living expenses, graduate school funding, summer educational programs, and a Gold Star Family Service Grant Program for transition-to-civilian-life support. Public donations fund 100% of scholarships while corporate sponsors underwrite all administrative costs.
Is Folded Flag Foundation a public or private company?
Folded Flag Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Folded Flag Foundation founded?
Folded Flag Foundation was founded in 2014. It employs 1 to 10 people.
Where is Folded Flag Foundation based?
Folded Flag Foundation is headquartered in Las Vegas, United States, in the North America region.
How does Folded Flag Foundation make money?
Three revenue lines are on record. Public Donations are the primary driver. The others are corporate Underwriting and gala and Event Fundraising.
Who are Folded Flag Foundation's main competitors?
Direct peers on record are Children of Fallen Patriots, TAPS (Tragedy Assistance Program for Survivors), Pat Tillman Foundation, Special Operations Warrior Foundation, Gary Sinise Foundation, EOD Warrior Foundation, Snowball Express and Marine Corps Scholarship Foundation. Fisher House Foundation is listed as a broad incumbent. Intrepid Fallen Heroes Fund is listed as an emerging player.
Does Folded Flag Foundation have an API?
No public API is recorded for Folded Flag Foundation.
What industry is Folded Flag Foundation in?
Folded Flag Foundation's product category is Charitable Educational Scholarship Services. Its primary akta.pro industry code is BPAGAKAK, Education Grantmaking Foundations, with a secondary code of BPAGADAE, College Access, Scholarships & Student Success Nonprofits. Its NAICS code is 813211 and its SIC code is 8300.