Liabilities / Assets
6th percentile
Higher debt load relative to assets than 6% of similar nonprofits.
The Falcon Foundation
EIN 75-6016930 • 501(c)3 • USAF Academy, CO
Profile
The mission of the falcon foundation is to further the opportunity for highly motivated, exceptional, young men and women to attend the united states air force academy through the award of falcon foundation scholarships at junior college and preparatory schools, enabling them to pursue a career in the united states air force and space force.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
9th percentile
Higher debt load relative to revenue than 9% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Up$37,359,903
Up $3,723,914 (+11%) from 2024
Liabilities
Up$37,068
Up $19,589 (+112%) from 2024
Net Assets
Up$37,322,835
Up $3,704,325 (+11%) from 2024
Revenue
Down$1,561,375
Down $116,933 (-7.0%) from 2024
Expenses
Up$1,014,051
Up $55,708 (+5.8%) from 2024
Net Income
Down$547,324
Down $172,641 (-24%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $37,359,903
- Liabilities
- $37,068
- Net assets
- $37,322,835
- Revenue
- $1,561,375
- Expenses
- $1,014,051
- Net income
- $547,324
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- May 15, 2026
- Return Version
- 2024v5.2
- Gross Receipts
- $12,275,154
Mission and Program Overview
Mission
TO FURTHER THE OPPORTUNITY FOR HIGHLY MOTIVATED, EXCEPTIONAL, YOUNG MEN AND WOMEN TO ATTEND THE UNITED STATES AIR FORCE ACADEMY... (continued on SCH. O)
To further the opportunity for highly motivated, exceptional young men and women to attend the united states air force academy through the award of falcon foundation scholarships
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $32,439,478 | $36,318,395 | ▲ $3,878,917 |
| Cash and Non-Interest-Bearing Accounts | $255,848 | $89,211 | ▼ $166,637 |
| Accounts Receivable | $69,458 | $48,861 | ▼ $20,597 |
| Pledges and Grants Receivable | $56,361 | $42,000 | ▼ $14,361 |
| Prepaid Expenses and Deferred Charges | $0 | $8,366 | ▲ $8,366 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $33,635,989 | $37,359,903 | ▲ $3,723,914 |
| Other Assets Total | $814,844 | $853,070 | ▲ $38,226 |
| Liabilities | |||
| Deferred Revenue | $17,200 | $28,200 | ▲ $11,000 |
| Accounts Payable and Accrued Expenses | $279 | $8,868 | ▲ $8,589 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $17,479 | $37,068 | ▲ $19,589 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $27,881,540 | $31,502,832 | ▲ $3,621,292 |
| Net Assets With Donor Restrictions | $5,736,970 | $5,820,003 | ▲ $83,033 |
| Total Net Assets Fund Balance | $33,618,510 | $37,322,835 | ▲ $3,704,325 |
| Total Liabilities and Net Assets / Fund Balance | $33,635,989 | $37,359,903 | ▲ $3,723,914 |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $4,719,371 | $17,700 | ▲ $556,176 | - | $4,757,621 |
| 2023 | $4,457,168 | $71,423 | ▲ $580,517 | - | $4,719,371 |
| 2022 | $3,785,087 | $226,836 | ▲ $469,773 | - | $4,457,168 |
| 2021 | $4,427,126 | $29,740 | ▼ $655,779 | - | $3,785,087 |
| 2020 | $4,296,813 | $75,648 | ▲ $70,665 | - | $4,427,126 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Steve Lorenz | President & CEO | PT | $127,173 | - | $127,173 |
| Sharon Cooper | Director of Op and Comptroller | FT | $110,095 | $14,184 | $124,279 |
Board Members and Trustees
| Name | Title |
|---|---|
| William Looney TrusteeTo 10 | 2024)Chairman (From 10/2024) |
| Nicholas Wilson | Audit Committee Chair |
| William Begert | Chairman (To 10/2024) |
| John Dallager | Compensation Committee Chair |
| Jason Herman | Finance Committee Chair |
| Carrol Chandler | Gov & Strat Committee Chair |
| Eric Holt | Investment Committee Chair |
| Leon Johnson | Nominating Committee Chair |
| Carolyn Benyshek | Scholarship Committee Chair |
| Robin Rand | Vice Chairman |
| Matthew Byrd | Vice President |
| Janet Wolfenbarger | At Large Governing Trustee |
| Kate MacIntosh TO 052025 | At Large Governing Trustee |
| Michael Moeller | At Large Governing Trustee |
| Sue Ross From 102024 | At Large Governing Trustee |
| Rita Jordan | Secretary |
| Dale Meyerrose | Treasurer |
| Jarisse Sanborn | VP and General Counsel |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $421,391
- Program Service Revenue
- $0
- Investment Income
- $1,139,984
- Other Revenue
- $0
- All Other Contributions
- $258,391
- Change in Net Assets
- $547,324
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $1,561,375
- Revenue Not Reported on Form 990
- $3,157,001
- Total Revenue per Audited Statements
- $4,718,376
- Total Revenue per Form 990
- $1,561,375
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $631,255 |
| Salaries, Compensation, and Employee Benefits | $278,648 |
| Other Expenses | $104,148 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $631,255 | - | - | $631,255 |
| Current Officers, Directors, Trustees, and Key Employees | $114,310 | $15,588 | - | $129,898 |
| Other Salaries and Wages | $84,870 | $28,290 | - | $113,160 |
| Other Expenses | $44,560 | - | - | $44,560 |
| Payroll Taxes | $15,304 | $3,414 | - | $18,718 |
| Fees for Services Accounting | - | $13,075 | - | $13,075 |
| Office Expenses | $5,166 | $6,330 | - | $11,496 |
| Conferences and Meetings | $5,883 | $4,327 | - | $10,210 |
| Other Employee Benefits | $7,638 | $2,546 | - | $10,184 |
| Pension Plan Contributions | $5,016 | $1,672 | - | $6,688 |
| Travel | $5,775 | - | - | $5,775 |
| Insurance | - | $4,858 | - | $4,858 |
| Occupancy | - | $4,810 | - | $4,810 |
| Fees for Services Other | - | $4,493 | - | $4,493 |
| Information Technology | $2,057 | $1,342 | - | $3,399 |
| Fees for Services Legal | - | $1,472 | - | $1,472 |
| Total Functional Expenses | $921,834 | $92,217 | $0 | $1,014,051 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,014,051 |
| Total Expenses per Audited Statements | $1,014,051 |
| Total Expenses per Form 990 | $1,014,051 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Northwestern Preparatory | Crestline, CA | 501(c)3 | Scholarship Payments | $216,250 |
| Randolph-Macon Academy | Front Royal, VA | 501(c)3 | Scholarship Payments | $135,300 |
| Marion Military Institute | Marion, AL | 501(c)3 | Scholarship Payments | $110,175 |
| United States Air Force Academy | Usafa, CO | US Air force | Support of Academy Programs | $66,000 |
| Georgia Military College | Milledgeville, GA | State of GA | Scholarship Payments | $64,000 |
| New Mexico Military Institute | Roswell, NM | 501(c)3 | Scholarship Payments | $39,530 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- Yes
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990 Part VI, Section A Line 4
“THE ORGANIZATION'S BYLAWS WERE AMENDED TO revise the roles of the Chair of the Board and the President of the Board. The Chair no longer serves as Chief Executive Officer and instead provides governance oversight. The President of the Board is now designated as Chief Executive Officer and is responsible for executive management of the Foundation, subject to the direction and control of the governing trustees.”
Form 990 Part VI Section A Line 6
“THE FALCON FOUNDATION HAS 200 MEMBERS (trustees). There are four, voting categories of membership: (1)RETIRED, RESIGNED, OR HONORABLY SEPARATED COMMISSIONED OFFICERS AND NONCOMMISSIONED OFFICERS OF THE US AIR FORCE; (2) CURRENT AND FORMER CIVILIAN EMPLOYEES OF THE FEDERAL GOVERNMENT; (3)MEMBERS OF THE AIR FORCE RESERVE, NATIONAL GUARD BUREAU, OR SPECIAL GOVERNMENT EMPLOYEES; (4) SUPPORTERS OF THE UNITED STATES AIR FORCE AND USAF ACADEMY, WHO POSSESS AN APPROPRIATE BACKGROUND, EXPERIENCE AND INTERESTS.ADDITIONALLY, THE BOARD OF TRUSTEES INCLUDES HONORARY, ASSOCIATE, AND RETIRED MEMEBERS WHO ARE NOT CONSIDERED ACTIVE MEMEBRS, AND ARE NOT ENTITLED TO VOTE OR PARTICIPATE IN THE GOVERNANCE OF THE FOUNDATION, NOR are COUNTED FOR PURPOSES OF DETERMINING A QUORUM AT ANY MEETING OF THE BOARD OF TRUSTEES. NON-GOVERNING TRUSTEES HAVE NO FIDUCIARY RESPONSIBILITY FOR THE GENERAL BUSINESS AND AFFAIRS OF THE FOUNDATION BUT ARE RESPONSIBLE FOR PROVIDING GUIDANCE IN FURTHERING THE GOALS, Objectives, AND STRATEGIC DIRECTION OF THE FOUNDATION.”
FORM 990 PART VI, Section A LINE 7 A
“THE BOARD OF TRUSTEES (members) ELECT THE GOVERNING TRUSTEES,OFFICERS, AND CHAIRS FOR ALL STANDING COMMITEES. EACH VOTING TRUSTEE(Member)is entitled to one vote. THE BODY OF GOVERNING TRUSTEES is comprised of FOUR (4) OFFICERS, SEVEN (7)STANDING COMMITTEE CHAIRS, AND FOUR (4) AT-LARGE TRUSTEES. THE FIFTEEN GOVERNING TRUSTEES ARE RESPONSIBLE FOR THE FINANCIAL AND BUSINESS AFFAIRS OF THE FOUNDATION.”
FORM 990 PART VI, Section A LINE 7 B
“The following acts require the approval of the board of trustees (members): (1) new membership approval, (2) approval of the foundation's strategic plan, and (3) ANY AMENDMENTs TO THE organization's BYLAWS.”
Form 990 Part VI Section A Line 8 B
“THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. However, all committees contemporaneously document meetings held and actions undertaken during the year.”
Form 990 Part VI Section B Line 11 B
“The form 990 is drafted by the foundation's independent accountant. The return is reviewed for accuracy and completeness by the audit committee. The audit committee chair then provides the draft 990 to members of the governing trustees for their review, comment, and approval. The final form 990 is then completed by the accountant and the president & ceo and prepared for filing by the due date.”
Form 990 Part VI Section B Line 12 C
“The bylaws require conflict of interest statements to be completed annually for active trustees who have fiduciary responsibility. Active trustees who do not have fiduciary responsibilities complete and sign conflict of interest statements upon nomination as a trustee and periodically upon re-election which may occur between 1 and 3 years. In addition, active trustees are reminded to report any potential or actual conflicts of interest which may arise between required reporting timelines.”
Form 990 Part VI Section B Line 15 A & B
“Prior to the annual spring meeting of the foundation, the compensation committee in conjunction with the board chair reviews the performance of the president & ceo in attaining the stipulated goals and objectives of the previous year's operational plan and recommends a compensation package for review and approval by the governing trustees. The president & ceo and compensation committee determines the compensation package for the director of operations and comptroller and submits it to the governing trustees.”
Form 990 Part VI Section C Line 19
“The audited financial statements and form 990 are currently available on the foundation's website & upon request. The conflict-of-interest policy and other governing documents are made available to the public upon request.”
Form 990 Part VII Section A
“THE COMPENSATION OF EMPLOYEES OF THE FOUNDATION STAYS RELATIVELY CONSTANT UNDER THE GOVERNING TRUSTEES' COMPENSATION MODEL ADOPTED IN NOVEMBER OF 2009, SINCE THE PRESIDENT & CEO AND DIRECTOR OF OPERATIONS & COmpTROLLER TO THE PRESIDENT & CEO ARE THE ONLY COMPENSATED POSITIONS.”
Filing and Contact Details
Filer
- Filer Name
- The Falcon Foundation
- EIN
- 75-6016930
- In Care Of
- % SHERRY COOPER
- Phone
- 7194722056
- Address
- 3116 Academy Drive Suite 200, USAF Academy, CO 80840-4400
Signing Officer
- Name
- Steve Lorenz
- Title
- President & CEO
- Phone
- 7194722056
- Signed
- 2026-05-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Steve Lorenz
- Formed
- 1958
- Legal Domicile
- Co
- Voting Board Members
- 14
- Independent Board Members
- 13
- Employees
- 2
- Volunteers
- 70
Preparer
- Firm
- Sorren Inc
- Address
- 90 S CASCADE AVENUE SUITE 700, COLORADO SPRINGS, CO 80903
- Preparer
- Doreen B Merz
- Phone
- 7196301186
Supplemental Narrative
Additional Explanations
Form 990 Part XI Line 9
“Other change in net assets: Unrealized gain from change in value of beneficial trust interests. See also reconciliation disclosure on Schedule D, Part XI, Line 2d.”
Financial Statement Notes
Schedule D Part III Line 4
“The artwork consists of three sculptures and an oil painting that reflect the heritage of the Air Force. They were donated to the Falcon Foundation in support of our mission to further the culture and heritage of the Falcon Foundation and the Air Force. The artwork is prominently exhibited at the Air Force Academy for both the public and cadet viewing. The artwork is protected and is expected to be retained in perpetuity.”
Schedule D Part V Line 4
“THE FOUNDATION'S ENDOWMENT FUNDS ARE RESTRICTED FOR THE PURPOSEs OF cadet scholarships, cadet programs, and SUPPORTING THE ongoing OPERATIONS OF THE FOUNDATION.”
Schedule D Part X Line 2
“The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. In addition, the foundation qualifies for the charitable contribution deduction. Management of the foundation believes that it does not have any uncertain tax positions that are material to its financial statements.”
Schedule D Part XI Line 2D
“To Report Change in Value Distribution AOG Trust $ 23,209 = $ 13,034 + $10,175 Ackerman Trust $ 44,857 = $ 25,192 + $19,665 ------------------------------------------------------------------------ Total $ 68,066 = $ 38,226 + $29,840”
Raw XML AppendixShowing 400 of 693 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 279 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 8868 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 69458 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 48861 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO FURTHER THE OPPORTUNITY FOR HIGHLY MOTIVATED, EXCEPTIONAL YOUNG MEN AND WOMEN TO ATTEND THE UNITED STATES AIR FORCE ACADEMY THROUGH THE AWARD OF FALCON FOUNDATION SCHOLARSHIPS |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherContributionsAmt | 0 | 258391 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | SHERRY COOPER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7194722056 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3116 ACADEMY DRIVE STE 200 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | USAF Academy |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 808404400 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 255848 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 89211 |
| IRS990/ChangeToOrgDocumentsInd | 0 | true |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | true |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 15588 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 114310 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 129898 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 4327 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 5883 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 10210 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 421391 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 631255 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1139984 |
| IRS990/CYOtherExpensesAmt | 0 | 104148 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 547324 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 278648 |
| IRS990/CYTotalExpensesAmt | 0 | 1014051 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1561375 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 17200 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 28200 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | Scholarship program- The Falcon Foundation provides up to 100 annual scholarships to attend one of five preparatory schools to allow Falcon scholars to qualify for admission into the USAF Academy the following year. Each Falcon Scholarship is a function of school tuition, room and board (50%), school scholarship (25%), and family cost (25%). Falcon Scholars may choose to attend one of five prep schools offered by the Falcon Foundation. Each school has a different tuition, room and board cost which causes the scholarship amount per Falcon Scholar to vary from school to school. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 5736970 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 5820003 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 855834 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 13075 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 13075 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1472 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1472 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 4493 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 4493 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 14 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 15 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 16 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 17 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 18 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 19 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 20.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 14184 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Steve Lorenz |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Sharon Cooper |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | William Begert |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Robin Rand |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Jason Herman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Leon Johnson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | John Dallager |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Carolyn Benyshek |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Kate MacIntosh TO 052025 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Nicholas Wilson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | William Looney TrusteeTo 10 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Carrol Chandler |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Eric Holt |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Michael Moeller |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Janet Wolfenbarger |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Sue Ross From 102024 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Matthew Byrd |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Dale Meyerrose |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | Rita Jordan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | Jarisse Sanborn |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 127173 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 110095 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director of Op and Comptroller |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Chairman (To 10/2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Vice Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Finance Committee Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Nominating Committee Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Compensation Committee Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Scholarship Committee Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | At Large Governing Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Audit Committee Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | 2024)Chairman (From 10/2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Gov & Strat Committee Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Investment Committee Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | At Large Governing Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | At Large Governing Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | At Large Governing Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | VP and General Counsel |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1958 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 178799 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GamingDirectExpensesAmt | 0 | 0 |
| IRS990/GamingGrossIncomeAmt | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GrantAmt | 0 | 565255 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 631255 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 631255 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 10892578 |
| IRS990/GrossReceiptsAmt | 0 | 12275154 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 13 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 1342 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 2057 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 3399 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 4858 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4858 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 961185 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 961185 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 32439478 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 36318395 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CO |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 10713779 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 163000 |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE MISSION OF THE FALCON FOUNDATION IS TO FURTHER THE OPPORTUNITY FOR HIGHLY MOTIVATED, EXCEPTIONAL, YOUNG MEN AND WOMEN TO ATTEND THE UNITED STATES AIR FORCE ACADEMY THROUGH THE AWARD OF FALCON FOUNDATION SCHOLARSHIPS AT JUNIOR COLLEGE AND PREPARATORY SCHOOLS, ENABLING THEM TO PURSUE A CAREER IN THE UNITED STATES AIR FORCE AND SPACE FORCE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 33618510 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 37322835 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 178799 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 178799 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 3088935 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 27881540 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 31502832 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 4810 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 4810 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6330 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 5166 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 11496 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 814844 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 853070 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 68066 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 2546 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 7638 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 10184 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROGRAM EVENTS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 44560 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 44560 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 28290 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 84870 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 113160 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3414 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 15304 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 18718 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 1672 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 5016 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 6688 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 56361 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 42000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 8366 |
| IRS990/PrincipalOfficerNm | 0 | Steve Lorenz |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Academy Programs- The Falcon Foundation, through their Academy Programs, provides annual sums to support programs as per the donors' desires. tHE FISCAL YEAR PROGRAMS WERE: THE AERO DEPARTMENT'S ENGINE PROPULSION TRIP and THE AERO DEPARTMENT'S FLIGHT TRIP. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 66000 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 66000 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 422856 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 610724 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1255452 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 84388 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.