For the 10th year in a row, the Special Operations Warrior Foundation has earned a four-star rating from Charity Navigator, the nation’s charity watchdog group. This places the SOWF among the top 1% of charities monitored by Charity Navigator, which awards its highest rating to nonprofits that demonstrate sound fiscal management and a commitment to accountability and transparency. The foundation received an impressive 99.2% out of a possible score of 100%.
Founded in 1980, the Special Operations Warrior Foundation provides three programs:
• College scholarships for the surviving children of fallen Army, Navy, Air Force, and Marine Corps Special Operations Forces;
• Educational and family counseling, including professional tutoring; and
• Immediate financial grants of $3,000 to severely-wounded Special Operations Forces service members
“The Special Operations Warrior Foundation continues to add children of fallen warriors to our rolls, and too often, I receive news that another one of our troops has been hospitalized after being engaged in combat operations,” said retired Vice Admiral and Navy SEAL Joe Maguire, president and CEO of the Special Operations Warrior Foundation.“Our current and future donors can rely on us to be careful stewards of their generous gifts,” Maguire said.
In 2014, the SOWF’s administrative overhead was 5.2%.
Currently, the Special Operations Warrior Foundation is providing funding for 141 students enrolled in colleges and universities across the country. The foundation provides funding for tuition, books, fees, room & board, computer and printer.
“Our commitment to our fallen special operators is steadfast as we prepare to provide for the over 700 children in our program who have yet to reach college age,” said Maguire.
“We are here for them now as our staff of counselors work to prepare them for college, and we will be there for them when they are ready to attend college,” he said.
In addition to college funds, the SOWF has provided over $2.2 million in financial grants to families of wounded special operators, so they can be at their loved ones’ hospital bedside.