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2019

ANNUAL REPORT

FISHER HOUSE FOUNDATION, INC.


FROM KEN FISHER OUR MISSION

Dear Friends:

Fisher House Foundation, Inc. is an

2019 has been an amazing year for Fisher House Foundation.

international, not-for-profit organization

We have had fabulous support from all of you, allowing us to open our 86th house in Togus, Maine. We now have 1,200 suites available

established to improve the quality of life for

on any given night for families to stay close to their loved ones.

members of the military, retirees, veterans,

Along with Togus, we opened a second house in Tampa Bay; two

and their families. The Foundation builds

houses in both the Bronx and Cleveland; and a house in Albuquerque.

comfort homes at military and VA medical

We also broke ground on six more houses around the country which

centers and gifts them to the government.

will all start opening in the second half of 2020. We have now saved

It assists with the coordination of private

our military families more than $500 million!

support and encourages public support for

I am proud to say that Fisher House Foundation was also honored to

the network of comfort homes known as

receive its 16th consecutive four-star rating from Charity Navigator,

“Zachary and Elizabeth M. Fisher Houses.”

maintaining its place in the top one percent of nonprofits monitored.

It works to educate and inform the military

Thank you for your support and commitment to our greatest

and veterans’ communities, their families,

national treasure—our military, veterans, and their loved ones.

and the general public about Fisher Houses

With deep appreciation,

and provides necessary support to individual Fisher Houses as needed. Other programs include scholarships, a grants program for volunteer organizations with innovative

Kenneth Fisher

plans for quality of life projects, the Hero

Chairman & CEO

Miles and Hotels for Heroes programs,

Fisher House Foundation, Inc.

and individual assistance to members

Ken Fisher with wife Tammy, a fellow Fisher House Foundation trustee, and children, Brittany and Josh, at the Bronx Fisher Houses near his childhood neighborhood.

of the military and their families during a crisis.

Guests gather together, sharing meals and stories at Fisher Houses throughout the country.

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Front cover image: Volunteers, donors, and Fisher House staff celebrate the opening of the Fisher House at the Raymond G. Murphy VA Medical Center in Albuquerque, New Mexico on October 11, 2019, marking the opening of our 85th house.

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2019 HIGHLIGHTS

FINANCIAL STATEMENT EXCERPT REVENUE & EXPENSES

2019 CONSTITUENT SUPPORT Corporate: 13%

JANUARY 1, 2019–DECEMBER 31, 2019 SUPPORT & REVENUE

Government: 26%

In-Kind: 10%

Grants and Contributions

55,660,890

Special Events Foundations: 8%

Individuals: 35%

NGOs: 8%

1,497,911

Donated Goods, Services & Media Time

6,475,049

Interest & Dividend Income

491,964

Total Support & Revenue

64,125,814

EXPENSES Programming Expenses 2019 EXPENSES

7 NEW HOUSES IN 5 LOCATIONS Administrative 3%

2,432,588

Fundraising

1,664,920

Change in Net Assets

86,190,052 (22,064,238)

Fundraising 2%

Louis Stokes Cleveland VA Medical Center; Cleveland, Ohio—two houses

NET ASSETS

James J. Peters VA Medical Center; The Bronx, New York—two houses New Mexico VA Health Care System; Albuquerque, New Mexico

Beginning of 2019

83,055,644

End of 2019

60,991,406

Fisher House completed seven houses in 2019, twice our average number. When building a Fisher House, the entire cost of the house is incurred when gifted to the government. The increased number of houses completed (a program expense) caused an expected decrease in net assets of $22,064,238.

VA Maine Healthcare System; Togus, Maine (pictured above)

86

32,500

1,200

$41.7m

110,000

$2.8m

Total Fisher Houses open

Families served

Lodging capacity

Saved by families

Volunteer hours

Volunteer value

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Management & General

Total Expenses

Programs: 95%

VA Palo Alto Health Care System; California—second house

82,092,544

For the 16th consecutive year, Fisher House Foundation was nationally recognized as a premier nonprofit with an A+ rating from CharityWatch, as well as a continued ★★★★ rating from Charity Navigator.

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ELIZABETH’S CIRCLE PRESIDENTIAL DONORS (1,000,000+) Delta Air Lines Enterprise Rent-a-Car Foundation Fisher House Michigan Richmond Fisher House Foundation Suave Personal Care (Unilever)

PLATINUM DONORS ($500,000–$999,999) Estate of Melva Wallace Rocky Mountain Fisher House Foundation USAA Foundation, Inc.

Zachary Fisher and his wife, Elizabeth, founded the Fisher House program in 1990 and personally funded the first houses. Fisher House Foundation proudly recognizes the individuals and organizations who help to continue Zachary and Elizabeth’s legacy, including those listed on these pages, and the thousands more who gave in 2019. Thank you to our 2,260 members of Zach’s Club, too. Your monthly gifts help Fisher House expand programs to our military, veterans, and their families.

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GOLD DONORS ($100,000–$499,999) 84 Lumber Company AbbVie Foundation Alaska Airlines Anonymous (5) Armed Forces Families Foundation Beazer Homes Billy Casper Golf—World’s Largest Golf Outing Cardinal Health Foundation David W. Hearst, Jr. Foundation Estate of Frances Kris Crano Estate of Howard W. Krieger Estate of Linda Diane Smith Estate of Madeline R. Jacobs Estate of Marlene M. Ross Estate of Mary Grace Kujawski Fidelity Home Depot Foundation Lockheed Martin Corporation Major General Harry Greene, Aberdeen Chapter AUSA Marriott International, Inc.

Mary E. O’Connor Trust Mr. and Mrs. James McGinty

Fisher Brothers Foundation Friends of the New Mexico Fisher House

Energy Transfer Sunoco Foundation Estate of Charles E. Davis, Jr.

Roger Scott Sevan Charitable Foundation, Inc.

Peter & Autumn James Trust Plaza Construction Robert Gary Sowers Revocable Trust Royals Charities, Inc. Ruby W. & LaVon P. Linn Foundation SAP Semper Fi Fund Sergey Brin Family Foundation William Shepard Shipley Foundation Sprint/United Management Company The Carson Family Charitable Trust The Fisher-Nightingale Houses, Inc. The Santo A. Leonardis Revocable Trust United Airlines Foundation United Rentals Vehicle for Veterans Wohlers Family Foundation Wyndham Hotels and Resorts

Charles George Grainger Foundation, Inc. Pliny Jewell, IV John B. Cahill Trust Kahlert Foundation, Inc. La Quinta Inns and Suites Leonardo DRS Microsoft Mark Norman General Peter and Lynne Pace Ranchmerch.com LLC The Carlton F. Hartman Irrevocable Trust The Randi and Clifford Lane Foundation, Inc. The Retired Enlisted Association The Wasily Family Foundation The Wine Group, LLC. Troll Co Clothing VT Group Wildflower Foundation, Inc.

SILVER DONORS

PATRIOT DONORS

($50,000–$99,999)

($25,000–$49,000)

Airbnb Alorica, Inc. American Airlines Anonymous (6) BAE Systems Barbara C. Terrian Revocable Trust Bennett L. Elisberg & F. Marilyn Elisberg Trust Brigantine Polar Bears Bryan McDonough Military Heroes Foundation Barbara Cleland Shirley Cobb Costco Wholesale Estate of Lily Kern Estate of Meyer Greenberg Estate of Michael Buffin, Jr.

522 Foundation, Inc. AFCEA Bethesda Ken Alexander Amazon Anonymous (5) Avineon, Inc. Axiom Resource Management, Inc. Belvedere Vodka Brown Family Trust Capital One Services, LLC CTW Foundation, Inc. Davis Elkins Foundation William Dick Dorothy D. Smith Charitable Foundation

Estate of Geraldine Irwin Estate of Gladys K. White Merle Fabian Finnegan Henderson Farabow Garrett & Dunner, LLP Fiserv Food Depository Dennis Gaugel General Dynamics Michael E. Glass Martha and Fritz Hausmann Green Beans Coffee H-E-B HDE Technologies, Inc. Homespire Mortgage Corp Isidore C. & Penny W. Myers Foundation J&J Worldwide Services James M. & Margaret V. Stine Foundation John and Linda MacDonald Foundation Kay Family Foundation Lamb Family Foundation Seth Leyman Liberty Mutual Linden Root Dickinson Foundation Marilyn A. Cassizzi Revocable Trust David Janes Mr. and Mrs. Jack Nickert NOVA Open Charitable Foundation, Inc. OBEC Consulting Engineers O’Donnell Army Navy Tailgate Overseas Service Corporation—WebCo George & Marilyn Pedersen PepsiCo Procter & Gamble Company Radian Group, Inc. ReSound North America Robert Kroovand Trust Barbara and Robert Sablowsky

William Shufflebotham SmileDirectClub Ronald Soukup Specialized Loan Servicing Patricia Stenzel Subaru of America, Inc—LAX Zone Superfeet Worldwide, Inc. Sutter Health Tennessee Fisher House Foundation, Inc. The Claire S. Joyce Trust The Hershey Company The Mark P. Norman Charitable Lead Annuity Trust The Morningside Foundation The Perez Family Trust The Rush and Kathryn Adams Limbaugh Family Foundation The Sexton Family Foundation Todd Sheinin The Sheppard Foundation The Woodworth Family Trust for the Benefit of Shane Fox UBS United Concordia United Rentals—South Texas Veterans Courage Classic UnitedHealth Group Incorporated USAA Real Estate Company Vanguard Wells Fargo Advisors Wheeler Foundation Christopher White Mary and Chris Woelfel Wrangler Jeans

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Fisher House Foundation, Inc. 12300 Twinbrook Pkwy Suite 410 Rockville, MD 20852 (888) 294-8560

www.fisherhouse.org

BOARD OF TRUSTEES AND LEADERSHIP FOUNDERS

Bruce Mosler

Zachary Fisher (1910–1999)

General Richard B. Myers, USAF (Ret.)

Elizabeth M. Fisher (1913–2004)

Mary Jo Myers Lynne Pace

OFFICERS

Kyra Phillips

Kenneth Fisher, Chairman and CEO

Captain William Reynolds, USA (Ret.)

Arnold Fisher, Vice Chairman

Suzie Schwartz

Audrey Fisher, Vice Chairman

Lieutenant General Martin R. Steele, USMC (Ret.)

Winston Fisher, Vice Chairman

Montel Williams

Nancy Edelman, Vice Chairman John W. Lowe, Vice President & Secretary

ADVISORY COMMITTEE

David D. Fox, CFO and Treasurer

Lynne Pace, Chairman Erin Mosely

TRUSTEES

William Pope

Gerry Byrne

Denzel Washington

Paul W. Bucha

Pauletta Washington

General Michael P.C. Carns, USAF (Ret.)

Mrs. Togo D. West, Jr.

Cecily M. Carson Patricia L. Courter

FOUNDATION LEADERSHIP

Lieutenant General John A. Dubia, USA (Ret.)

David A. Coker, President

Martin L. Edelman

Mary B. Considine, Chief of Staff

Tammy Fisher

Michelle Baldanza, Vice President, Communications

Crystal Fisher

Denise Dolan, Vice President, Development

Barbara Gentry

Brian Gawne, Vice President, Community Relations

“Ranger” Mark Jones

Tish Stropes, Vice President, Strategic Partnerships

Lieutenant General Charles S. Mahan, USA (Ret.)

James Weiskopf, Vice President, Consultant

David J. McIntyre, Jr.

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Profile for Fisher House Foundation

Fisher House 2019 Annual Report  

Fisher House 2019 Annual Report