Our mission is to honor veterans and educate their legacy. We do so by raising money for DEA-qualified students and then contributing it to post-secondary institutions that agree to match our donation, administer the scholarship program, and report back to us annually.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 30 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $87K a year · 15% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Named funders
2
named funders · $32K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$294K
-66% vs prior year
Spent
$768K
To programs
74%
Net assets
$0
By yearFY2021–FY2025
Revenue
$294K
FY2025▼ -66%
Tap a bar for its year
Revenue by fiscal year
FY2021$282K
FY2022$552K
FY2023$907K
FY2024$860K
FY2025$294K
Expenses
$768K
FY2025▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2021$282K
FY2022$507K
FY2023$845K
FY2024$930K
FY2025$768K
Net assets
$0
FY2025▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2021$14K
FY2022$59K
FY2023$121K
FY2024$51K
FY2025$0

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $570K Management & general 5% · $37K Fundraising 21% · $160K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990; $102K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$102,000Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kelli Campbell-Goodnow’s $102K as Executive Director is at the 85th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Kelli Campbell-Goodnow$102,000$102,000$72,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Valor Partners Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fund scholarships for veterans' legacy education by matching donations to post-secondary institutions.

Questions for Valor Partners Foundation

Tap to ask. Valor Partners Foundation sees how many people are interested.

Your first name shows with your question. Valor Partners Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $570K · in their own filed words · FY2025
01

The organization's remaining assets were transferred to the Gary Sinise Foundation for the purpose of continuing its programmatic functions under the name Valor Scholars.

$558Kprogram expense
02

VPF has one program, partnerships with higher education institutions to create matched scholarships. The program has grown to 40 partner schools across 15 states.

$12Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$32K
Grants paid · 14 grants · $2.9M · 2021–2025
Gary Sinise FoundationTN · FY2025$557,928
Unitemized GrantFY2025$12,500
Unitemized GrantFY2024$750,000
Unitemized GrantFY2024$10,000
Unitemized GrantFY2023$750,000
Unitemized GrantFY2022$500,000
Morandums of Understanding in ProceFY2021$90,000
Iowa State UniversityIA · FY2021$35,000
Park UniversityMO · FY2021$30,000
University of Missour - Kansas CityFY2021$25,000
University of KansasFY2021$25,000
Kansas State UniversityKS · FY2021$19,500

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$294K
Ln 12
Gifts and grantsLn 1h$334K
Investment incomeLn 3$9K
Money outPt IX
$768K
Ln 25
Programscol B$570K
Managementcol C$37K
Fundraisingcol D$160K
Owns and owesPt X
$0
net assets · Ln 32
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$334K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$46K
Investment incomeLn 3$9K
Total revenueLn 12$294K
Assets in detailPt X, end of year
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 52
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Total assetsLn 16$512K$0
LiabilitiesLn 26$39K$0
Net assetsLn 32$473K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$558K$558K
Grants to domestic individualsLn 2$12K$12K
Pay of current officers, directors and key staffLn 5$56K$56K
Other salaries and wagesLn 7$20K$20K
Payroll taxesLn 10$6K$6K
Accounting feesLn 11c$13K$13K
Other fees for servicesLn 11g$72K$2K$70K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$2K$2K
Information technologyLn 14$4K$4K
TravelLn 17$7K$7K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$10K$0$1K$9K
Total functional expensesLn 25$768K$570K$37K$160K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $294K$768K−$473K$0 990 PDF
FY2024 $860K$930K−$70K$51K 990 PDF
FY2023 $907K$845K$62K$121K 990 PDF
FY2022 $552K$507K$45K$59K 990 PDF
FY2021 $282K$282K$424$14K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $294,415 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $513,810$333,896
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $14,352$9,008
I-11 Other revenuePrior year $5,298−$48,489
I-12 Total revenuePrior year $533,460$294,415
I-13 Grants and similar amounts paidPrior year $10,000$570,428
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $71,851$81,794
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $28,818$115,676
I-18 Total expensesPrior year $110,669$767,898
I-19 Revenue less expensesPrior year $422,791−$473,483
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $294,415 across 12 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$45,623
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$288,273
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$333,896
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $9,008$9,008
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$48,489−$48,489
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$39,481$294,415
Part IX · Statement of functional expenses $767,898 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $557,928$557,928
IX-2 Grants to domestic individualsPrograms $12,500$12,500
IX-5 Pay of current officers, directors and key staffFundraising $56,381$56,381
IX-7 Other salaries and wagesFundraising $19,501$19,501
IX-10 Payroll taxesFundraising $5,912$5,912
IX-11c Accounting feesManagement $12,662$12,662
IX-11g Other fees for servicesManagement $1,726 · Fundraising $70,070$71,796
IX-12 Advertising and promotionManagement $4,000$4,000
IX-13 Office expensesManagement $2,190$2,190
IX-14 Information technologyManagement $3,524$3,524
IX-17 TravelManagement $6,714$6,714
IX-23 InsuranceManagement $4,938$4,938
IX-24 Other expenses (24a–d)Programs $0 · Management $1,219 · Fundraising $8,633$9,852
IX-25 Total functional expensesPrograms $570,428 · Management $36,973 · Fundraising $160,497$767,898
Part X · Balance sheet $0 assets, 6 lines filed
X-16 Total assetsStart of year $512,367$0
X-26 Total liabilitiesStart of year $38,884$0
X-27 Net assets without donor restrictionsStart of year $473,483$0
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $473,483$0
X-33 Total liabilities and net assetsStart of year $512,367$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$294,415
XI-2 Total expenses$767,898
XI-3 Revenue less expenses−$473,483
XI-4 Net assets at start of year$473,483
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.