Veterans of Foreign Wars
406 W 34th Street
Kansas City, MO 64111
Top Leadership Pay:
Executive Director (Washington Office) Robert Wallace, $379,359
Based on its 2020 tax return, we calculate that Veterans of Foreign Wars spent 57 percent of its $89 million budget on overhead. This is higher than our recommended 25 percent overhead spending.
Additionally, Veterans of Foreign Wars used joint cost accounting for 16.2 percent of its budget. While legal, this accounting method can disguise overhead costs as program spending. We recommend that no more than 5 percent of a budget be allocated to joint cost accounting.
Furthermore, according to the New York Attorney General, Veterans of Foreign Wars reported raising $142,874.04 from solicitation campaigns using professional fundraising firms from 2019 to 2021. Of this, only $25,717.33 (18 percent) went to the charity; the rest was kept by the solicitors. Read more here.
To foster camaraderie among United States veterans of overseas conflicts. To serve our veterans, the military and our communities. To advocate on behalf of all veterans.