Overview

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Est.

2005

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

QUILTS OF VALOR FOUNDATION is a nonprofit foundation focused on gift distribution, with a mission to cover service members and veterans touched by war with comforting and healing quilts of valor. For filing year 2025, it reported an operating budget of $1.9M and total revenue of $2M, with top funders including THE AYCO CHARITABLE FOUNDATION, HELEN W BELL CHARITABLE FOUNDATION, and HAROLD MCALISTER CHARITABLE FOUNDATION.

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Mission Statement

TO COVER SERVICE MEMBERS AND VETERANS TOUCHED BY WAR WITH COMFORTING AND HEALING QUILTS OF VALOR.

Cause Areas

2
Foundations
Gift distribution
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Financials

2024
Revenues
$2M
Expenses
$1.9M
Net Income:
+$190.7K
Assets
$1.9M
Liabilities
$50.1K
Net Assets:
+$1.8M

Financial Trends

2024
Operating Budget
$1.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
THE AYCO CHARITABLE FOUNDATION
Cohoes, NY, US
$110K
< 1%
HELEN W BELL CHARITABLE FOUNDATION
Naples, FL, US
$45K
2%
HAROLD MCALISTER CHARITABLE FOUNDATION
Beverly Hills, CA, US
$42.5K
1%

Grants Received

2024
Total No. of Grants
27
Median grant size
$2K
Largest grant received
$20K

Board & Team

L
Lexie Milikan
Board Member
A
Ann Rehbein
Board Member
J
John Oxley
Board Member
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  • 75 funders
  • 42 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is QUILTS OF VALOR FOUNDATION’s budget?
In 2024, QUILTS OF VALOR FOUNDATION reported an annual operating budget of around $1.9 million. More detailed financial information is available to registered users.
What causes does QUILTS OF VALOR FOUNDATION support?
QUILTS OF VALOR FOUNDATION supports work in Foundations and Gift distribution.
Where does QUILTS OF VALOR FOUNDATION operate?
QUILTS OF VALOR FOUNDATION is headquartered in WINTERSET, IA.
Who funded QUILTS OF VALOR FOUNDATION recently?
In 2025, QUILTS OF VALOR FOUNDATION received grants from HAROLD MCALISTER CHARITABLE FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and Yoakum Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant QUILTS OF VALOR FOUNDATION received in 2024?
The largest grant to QUILTS OF VALOR FOUNDATION in 2024 exceeds $20 thousand.