Together, we support the Academy, serve our graduates and preserve the heritage of the institution.
The largest recent grant from the Association of Graduates of the United States Air Force Academy was $10,371,037 to the Air Force Academy Foundation in 2025 for support of foundation projects. That scale fits a funder built around the U.S. Air Force Academy itself: its giving centers on institutional support, cadet programs, heritage preservation, and endowment-backed assistance for graduates and families. Recent awards also include $1,059,628 in 2023 and $883,181 in 2024 to the United States Air Force Academy, showing sustained support for the Academy across multiple years. The organization’s mission statement — supporting the Academy, serving graduates, and preserving the heritage of the institution — matches the way it funds. It also backs scholarship and transition-related work through the Air Force Institute of Technology, where recent grants were designated for endowed scholarships for graduating Air Force Academy cadets. Smaller grants to the Falcon Foundation and the Class of 2010 Foundation show that alumni-linked entities are part of its grantmaking network, alongside direct support to the Academy and its programs.
Higher education support is a central theme. In 2024, the foundation gave $108,320 to the Air Force Institute of Technology in Indianapolis, IN for endowed scholarships for graduating Air Force Academy cadets, and it made another scholarship grant of $21,661 to the same recipient in 2025 for the same purpose. Institutional support is another clear line of giving: a 2023 grant of $199,000 to the Air Force Academy Foundation was listed for support of foundation projects. The foundation also funds heritage and cadet-life priorities through its annual fund, which supports international immersion, morale and welfare, heritage projects, Airmanship Next, graduate services, and summer internships. Family support appears in its Next of Kin Endowment Program, which is designed to provide ongoing funeral, graveside, and family benefits for graduates and their families in perpetuity.
Typical grants cluster around a median of $130,895, with a p25 of $70,535 and a p75 of $814,662. The distribution includes both large institutional awards and smaller programmatic gifts, with one outlier above $10 million. Grantmaking appears recurring rather than one-time: the same core institutions appear across multiple years, including the United States Air Force Academy and the Air Force Academy Foundation, and scholarships to the Air Force Institute of Technology recur in different years. The foundation operates as a membership- and alumni-linked organization rather than a general public grantmaker, and its active programs include the Air Force Academy Fund and the Next of Kin Endowment Program. Both programs accept unsolicited support.
$2.6M
$131.3M
$11.7M
$9.6M
Most grants fall between $71K and $815K, with a median of $131K.
25th Percentile
$71K
Median
$131K
75th Percentile
$815K
Katie Willemarck
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Grantmaking is overwhelmingly concentrated in Colorado, with 73% of grants going to recipients in the HQ state and Colorado also the top state by grant count. Recent recipients are heavily centered in USAFA and Colorado Springs, including the Air Force Academy Foundation, the United States Air Force Academy, Falcon Foundation, and the Class of 2010 Foundation. Outside Colorado, recent grants also went to the Air Force Institute of Technology in WPAFB, OH and Indianapolis, IN. All recent grants in the provided sample were to U.S. recipients.
Its stated focus areas include higher education, military and veteran support, heritage preservation, athletics, and STEM and cybersecurity programs. The recent grants data also shows support for cadet programs, scholarships for graduating cadets, graduate services, and family-related benefits through the Next of Kin Endowment Program.
The recent record shows large institutional awards and scholarship support. The biggest grant was $10,371,037 to the Air Force Academy Foundation in 2025, while other awards supported the United States Air Force Academy and the Air Force Institute of Technology, including endowed scholarships for graduating Air Force Academy cadets.
Yes. Colorado is the top state by grant count, and 73% of grants went to recipients in the HQ state of Colorado. Recent Colorado recipients include USAFA, USAFA Foundation, Falcon Foundation, and the Class of 2010 Foundation.
Yes. The United States Air Force Academy appears in multiple recent years, including 2023, 2024, and 2025. The Air Force Academy Foundation also appears more than once, and the Air Force Institute of Technology received scholarship grants in both 2024 and 2025.
Yes. The Air Force Academy Fund and the Next of Kin Endowment Program both accept unsolicited support. The first is an annual fund for cadet programs and Academy priorities, and the second is an endowment program for ongoing graduate and family benefits.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| UNITED STATES AIR FORCE ACADEMY | USAFA, CO | $1,733,941 | 2026 | TO PROVIDE SUPPORT |
| AIR FORCE ACADEMY FOUNDATION | USAFA, CO | $859,461 | 2026 | SUPPORT FOUNDATION PROJECTS |
| FALCON FOUNDATION | USAF ACADEMY, CO | $29,840 | 2026 | GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS |
| AIR FORCE INSTITUTE OF TECHNOLOGY | INDIANAPOLIS, IN | $24,824 | 2026 | ENDOWED SCHOLARSHIPS FOR GRADUATING AIR FORCE ACADEMY CADETS. |
| Air Force Academy Foundation | USAFA, CO | $10,371,037 | 2025 | Support Foundation Projects |
| United States Air Force Academy | USAFA, CO | $746,144 | 2025 | To provide support |
| Falcon Foundation | USAF Academy, CO | $31,411 | 2025 | GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS |
| Air Force Institute of Technology | Indianapolis, IN | $21,661 | 2025 | Endowed scholarships for graduating Air Force Academy cadets. |
| United States Air Force Academy | USAFA, CO | $883,181 | 2024 | To provide support |
| Air Force Institute of Technology | Indianapolis, IN | $108,320 | 2024 | Endowed scholarships for graduating Air Force Academy cadets. |
| United States Air Force Academy | USAFA, CO | $1,059,628 | 2023 | To provide support |
| Air Force Academy Foundation | USAFA, CO | $199,000 | 2023 | Support Foundation Projects |
| Class of 2010 Foundation | Colorado Springs, CO | $130,895 | 2023 | — |
| Air Force Institute of Technology | WPAFB, OH | $112,509 | 2023 | Endowed scholarships for graduating Air Force Academy cadets. |
| Falcon Foundation | USAF Academy, CO | $32,750 | 2023 | To provide private funding to the USAFA to help accomplish its mission of providing an extra margin of excellence for cadets. |
FALCON FOUNDATION
$29,840GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS
AIR FORCE INSTITUTE OF TECHNOLOGY
$24,824ENDOWED SCHOLARSHIPS FOR GRADUATING AIR FORCE ACADEMY CADETS.
To provide support
Falcon Foundation
$31,411GENERAL ASSISTANCE TO SUPPORT FOUNDATION PROGRAMS
Air Force Institute of Technology
$21,661Endowed scholarships for graduating Air Force Academy cadets.
Air Force Institute of Technology
$108,320Endowed scholarships for graduating Air Force Academy cadets.
Class of 2010 Foundation
$130,895Air Force Institute of Technology
$112,509Endowed scholarships for graduating Air Force Academy cadets.
Falcon Foundation
$32,750To provide private funding to the USAFA to help accomplish its mission of providing an extra margin of excellence for cadets.