Character Development
Cultivates leadership character and military values in cadets preparing for Air Force and Space Force service
Supports the U.S. Air Force Academy's mission to develop leaders of character for military service
About Organization
The Air Force Academy Foundation supports the U.S. Air Force Academy in developing leaders of character for the Air Force, Space Force, and nation. Based in USAF Academy, CO, the organization reported $39.1 million in revenue and operates with 38 employees and 55 volunteers. Founded in 2007, the foundation serves Academy graduates and enhances educational programs.
Character Development
Cultivates leadership character and military values in cadets preparing for Air Force and Space Force service
Educational Excellence
Enhances post-secondary education quality through program support, facilities, and academic resources at the Academy
Graduate Support
Maintains lifelong engagement with Academy graduates through networking, professional development, and service opportunities
Form 990 data showing organizational financial health and growth.
Revenue (2022)
$39.1M
+25.6% vs 2021
Expenses (2022)
$16.3M
+3.1% vs 2021
Assets (2022)
$128.6M
+5.5% vs 2021
Employees (2022)
38
+11.8% vs 2021
| Year | Revenue | Expenses | Assets | Employees |
|---|---|---|---|---|
| 2022 | $39,131,560 | $16,327,301 | $128,612,215 | 38 |
| 2021 | $31,160,927 | $15,838,295 | $121,910,731 | 34 |
| 2020 | $26,764,643 | $41,752,359 | $103,993,118 | 37 |
| 2019 | $30,831,681 | $10,866,959 | $100,762,134 | 41 |
| 2018 | $28,196,157 | $10,745,804 | $75,121,344 | 41 |
Source: IRS Form 990 filings. All figures in USD.
Secures financial support through philanthropy and charitable gifts from donors supporting military education
Allocates resources to educational, athletic, and character development programs at the Academy
Delivers direct support to cadets through enhanced facilities, programs, and leadership development opportunities
Maintains lifelong connections with Academy graduates to strengthen the leadership network
Services and programs offered by Air Force Academy Foundation
Supports character development and leadership training programs for cadets preparing for military service careers
Provides post-secondary education resources and academic program enhancement for Air Force Academy students
Advances competitive sports programs including boxing to develop discipline and physical excellence among cadets
Serves Academy graduates through networking, professional development, and ongoing connection to Academy mission
Meet the people behind Air Force Academy Foundation.
2007
2007
Air Force Academy Foundation formed to support cadet development and Academy mission
2008
2008
Received tax-exempt status as 501(c)(3) organization in March 2008
2020
2020
Maintained support programs during pandemic with $26.8 million in revenue
2022
2022
Reached highest annual revenue of $39.1 million supporting expanded Academy programs
Board members, advisors, and key contributors
Information compiled from IRS Form 990 and organizational materials.
Top compensated officers & key employees from IRS Form 990
Total Reported (2022)
$2.1M
Highest Paid
$355K
Mark Hille
Compensated Officers
11
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mark Hille | President | $310,378 | $44,737 | $355,115 | 40 |
| Roger Smith | Vice President, Stewardship | $200,148 | $32,497 | $232,645 | 40 |
| Dennis Scruggs | Chief Financial Officer | $178,506 | $31,994 | $210,500 | 40 |
| Christopher Brewer | Vice President, Development | $176,475 | $25,054 | $201,529 | 40 |
| Kelly Banet | Senior Vice President | $159,095 | $34,738 | $193,833 | 40 |
| Michael C Gould | Chief Executive Officer | $179,856 | $6,481 | $186,337 | 1 |
| Paul Ackerman | Vice President, Academy & COMM | $143,304 | $26,045 | $169,349 | 40 |
| Wyatt Hornsby | Vice President, Communications | $135,375 | $23,269 | $158,644 | 40 |
| Dale Zschoche | Executive Director, Planned Gi | $112,500 | $8,626 | $121,126 | 40 |
| Brian Campbell | Executive Director, Developmen | $111,885 | $8,486 | $120,371 | 40 |
| Vincent Greco | Senior Development Director | $109,234 | $8,263 | $117,497 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mark Hille | President | $287,716 | $29,960 | $317,676 | 40 |
| Dennis Scruggs | Chief Financial Officer | $189,178 | $23,882 | $213,060 | 40 |
| Gregory Knedler | Vice President, Class & Consti | $154,256 | $35,027 | $189,283 | 40 |
| Roger Smith | Vice President, Stewardship | $147,538 | $24,183 | $171,721 | 40 |
| Christopher Brewer | Vice President, Development | $150,114 | $15,050 | $165,164 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mark Hille | President/COO/Director | $210,000 | $31,869 | $241,869 | 40 |
| Dennis Scruggs | CFO | $168,900 | $34,880 | $203,780 | 40 |
| Gregory Knedler | Vice President | $144,267 | $44,370 | $188,637 | 40 |
| Michael Gould | CEO/Director | $161,539 | $18,867 | $180,406 | 40 |
| Jermaine Johnson | Vice President | $125,883 | $32,181 | $158,064 | 40 |
| Christopher Brewer | Vice President | $134,463 | $22,634 | $157,097 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Michael Gould | Director/President/CEO | $291,850 | $34,416 | $326,266 | 40 |
| Jennifer Bateman | Former Vice PRES, Development | $264,370 | $37,873 | $302,243 | 40 |
| Dennis W Scruggs | Chief Financial Officer | $162,318 | $33,216 | $195,534 | 40 |
| Gregory C Knedler | ASSOC Vice PRES, Development S | $137,172 | $39,266 | $176,438 | 40 |
| Jermaine Johnson | ASSOC Vice PRES, Marketing, Co | $118,345 | $30,075 | $148,420 | 40 |
| Christopher Brewer | ASSOC Vice President, Developm | $123,091 | $20,928 | $144,019 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Michael Gould | Director/President/CEO | $268,125 | $31,390 | $299,515 | 40 |
| Jennifer Bateman | Vice PRES, Development | $231,589 | $34,321 | $265,910 | 40 |
| Dennis W Scruggs | Chief Financial Officer | $150,108 | $32,180 | $182,288 | 40 |
| Gregory C Knedler | ASSOC Vice PRES, Development S | $128,551 | $27,987 | $156,538 | 40 |
| Jermaine Johnson | ASSOC Vice PRES, Marketing, Co | $106,002 | $28,545 | $134,547 | 40 |
| Ervin J Rokke | Director | $69,336 | — | $69,336 | 2 |
Source: IRS Form 990 filings. Compensation includes base and other reported compensation.
Paycheck Protection Program (2020-2021)
Total Approved
$1.3M
Total Forgiven
$1.3M
101% forgiven
Jobs Retained
59
Source: Small Business Administration • Paycheck Protection Program (2020-2021)
Grant funding relationships from IRS Form 990 filings
Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.