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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