While Folds of Honor Foundation is a highly efficient charity that receives a top rating from CharityWatch based on its 2023 financial reporting, CharityWatch has noted discrepancies between its marketing claims that it spends 91% on direct scholarships and what our analysis of its audited financial statements and tax fillings reveal.
CharityWatch's detailed report can be read by copying and pasting the below URL into a browser, or by visiting our website at charitywatch.org and searching our blog for Folds of Honor Foundation.
https://blog.charitywatch.org/folds-of-honor-foundation-does-not-spend-91-of-donations-on-direct-scholarships/