Oct 6, 2015
According to a Charity Navigator report in 2005, the Foundation for American Veterans used just 6 cents of every dollar raised for services for veterans.
Despite this lack of transparency with regard to their financial information, we were able to locate a form filed by the Foundation for American Veterans, Inc. with the Secretary of State for the State of Washington (charities must register in each state in which they intend to solicit donations). According to the information filed with Washington State, for the fiscal year ending December 31, 2007, the organization had revenue of $5,263,927, and spent $528,196 on program services out of total expenses of $5,118,508.
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