Fisher House 2020 Annual Report

2020

ANNUAL REPORT

FISHER HOUSE FOUNDATION, INC.

OUR MISSION Fisher House Foundation, Inc. is an international not-for-profit organization established to improve the quality of life for members of the military, retirees, veterans, and their families. The Foundation builds comfort homes at military and VA medical centers and gifts them to the government.

It assists with the coordination of private support and encourages public support for the network of comfort homes known as “Zachary and Elizabeth M. Fisher Houses.” It works to educate and inform the military and veteran communities, their families, and the general public about Fisher Houses and provides necessary support to individual Fisher Houses as needed. Other programs include scholarships, a grant initiative for nonprofits with innovative plans for quality-of-life projects, the Hero Miles and Hotels for Heroes programs, and individual assistance to members of the military and their families during a crisis.

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Clockwise from top left: Army Veteran David Ortiz shared his Fisher House story in January 2020. First guests at the Ann Arbor Fisher House pose in June 2020. Former guest, Army Capt.

Patrick Miller and his family visit the Fisher House at Joint Base Lewis-McChord.

FROM KEN FISHER Dear Friends: There is no doubt about it—2020 was a challenging year. Together, we faced those challenges head-on by finding creative ways to continue helping our military, veterans, and their loved ones stay connected as their needs intensified during the pandemic.

Thanks to your support, we opened six new houses across the country and began construction on a new home away from home in Kansas City, Missouri.

In 2021, we will break ground on two new Fisher Houses in Columbia, South Carolina and Lexington, Kentucky, and we will build a second house in Bay Pines, Florida, to meet increasing demand. Your generosity continues to increase the amount military and veteran families save in unexpected expenses. Since 1990, Fisher House has saved families a total of $525 million.

In 2021, Fisher House Foundation was awarded our 17th consecutive four-star rating from Charity Navigator and was named “Top Charity for Veterans” by WalletHub. We understand how important it is to be good stewards of the funds so generously provided to us.

Thank you for serving our nation’s military heroes and their families.

We look forward to our continued partnership.

Ken Fisher

Gratefully,

Kenneth Fisher Chairman & CEO Fisher House Foundation, Inc.

Front cover image: The New Orleans VA Medical Center Fisher House received its first guests in December 2020.

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2020 HIGHLIGHTS

6 NEW HOUSES AND 4 NEW LOCATIONS VA Ann Arbor Healthcare System; Ann Arbor, Michigan VA Nebraska-Western Iowa Health Care System; Omaha, Nebraska VA Eastern Colorado Health Care System; Aurora, Colorado (replacement house) Hunter Holmes McGuire VA Medical Center; Richmond, Virginia (second house) New Orleans VA Medical Center; New Orleans, Louisiana Hershel Woody Williams VA Medical Center; Huntington, West Virginia (pictured above)

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13,000*

1,200*

$25m*

21,500*

$585k*

Total Fisher Houses open

Families served

Lodging capacity

Saved by families

Volunteer hours

Volunteer value

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* Houses operated at reduced capacities due to COVID-19

FINANCIAL STATEMENT EXCERPT REVENUE & EXPENSES

2020 CONSTITUENT SUPPORT Corporate: 7% Government: 18%

In-Kind: 14%

JANUARY 1, 2020–DECEMBER 31, 2020 SUPPORT & REVENUE Grants and Contributions

45,568,301

Special Events Individuals: 40%

Foundations: 14% NGOs: 6%

210,000

Donated Goods, Services & Media Time

7,563,304

Interest & Dividend Income

219,108

Total Support & Revenue

53,560,713

EXPENSES Program Expenses 2020 EXPENSES

Programs: 95% Administrative 3%

67,863,767

Management & General

2,284,744

Fundraising

1,006,610

Total Expenses

71,155,121

Change in Net Assets

(17,594,408)

Fundraising 2%

NET ASSETS Beginning of 2020

60,991,406

End of 2020

43,396,998

Fisher House completed six houses in 2020. 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 $17,594,410.

For the 17th consecutive year, Fisher House Foundation was nationally recognized as a premier nonprofit with a ★★★★ rating from Charity Navigator.

It was also recognized as a premier nonprofit with an A+ rating from CharityWatch.

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ELIZABETH’S CIRCLE PRESIDENTIAL DONORS $1 MILLION+ Enterprise Rent-a-Car Foundation Fisher House Michigan Friends of Travis Fisher House Suave Personal Care (Unilever)

PLATINUM DONORS $500,0000 TO $999,999

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 2020. Thank you to our 2,260 members of Zach’s Club, too.

Your monthly gifts help Fisher House Foundation expand programs for our military, veterans, and their families.

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Anonymous Beazer Homes Delta Air Lines Friends of the Fisher House of Southern Louisiana The USAA Foundation, Inc.

GOLD DONORS $100,0000 TO $499,999 84 Lumber Company Anonymous (9) Cardinal Health Foundation Charitable Adult Rides & Services, Inc. Costco Wholesale Democratic National Committee Estate of Annette C. Brett Estate of Bill L. Meredith Estate of Carol A. Lamontagne Estate of Clifford L. Cobb Estate of David P. Coco Estate of Don R. Hess Estate of Donald Fred Heenan Estate of Glenn F. Leiter Estate of Linda Diane Smith Estate of Louise Simmons Branson Estate of Nina M. Mitchell Estate of Robert Q. Wilcox Estate of Sandra Rogers Estate of Steven J. Williams Estate of Willis B. Nash Fisher House Wisconsin, Inc. Friends of Fisher House Columbia SC

Home Depot Foundation Humana, Inc. Indigo Golf Partners—World’s Largest Golf Outing Leonardo—DRS Lockheed Martin—Rotary and Missions Systems Lockheed Martin Corporation Major General Harry Greene Aberdeen, Chapter AUSA MCS Charitable Foundation Newman’s Own Foundation Oshkosh Corporation Progressive Insurance Foundation Royals Charities, Inc. SAP William Shepard Shipley Foundation The Carson Family Charitable Trust The Fisher-Nightingale Houses, Inc. The Anne M. Laraia Trust T-Mobile USA, Inc. United Airlines United Rentals United Services Automobile Association (USAA) Vehicle for Veterans Wohlers Family Foundation

SILVER DONORS $50,000 TO $99,999 2020 Brigantine Polar Bear Event Airbnb Alaska Airlines Anonymous (4) Shirley Cobb Croul Family Foundation David & Ann Sutherland Family Foundation Estate of Aldene E. Large Estate of Col. Clyde W. Owen, USAF Estate of De Anne Marie Hull Estate of Donald Fred Heenan

Estate of Frances Kris Crano Estate of Gay Olsen Estate of Jo E. Peters Estate of Joyce L. Steier Estate of Robert Jeffrey Sivon Estate of Sharon Kowalik Estate of Thomas J. Chandler Estate of William Yager John & Shawn Faloon Henry M. Jackson Foundation HPB Foundation Bob and Doris Huebshman Janet V. O’Brien Trust John and Linda MacDonald Foundation Kennon McClintock Miami HEAT Charitable Fund Eugene & Jean Morrison Motorola Solutions Foundation Robert V. Nichols Living Trust General Peter and Lynne Pace PayPal Pratt & Whitney James J. Sherry & Madalena A. Sherry Revocable Trust Tee It Up For The Troops, Inc. The Callihan Family Trust The Horn Estate The Randi & Clifford Lane Foundation, Inc. The Wasily Family Foundation The Willis Foundation Under Armour Inc. Unilever Robert Weyker Wildflower Foundation, Inc. Wyndham Hotels & Resorts, Inc.

PATRIOT DONORS $25,000 TO $49,999 Air Force Officers’ Spouses’ Club of Washington D.C. Amazon Anonymous (6)

Kurt & Martha Asplundh Axline Family Trust BAE Systems Bergen Foundation Bourbon Charity Richard Clise CTW Foundation, Inc. Computershare Cornelia Cogswell Rossi Foundation, Inc. Craig Curtis D.P. Hamilton Foundation Robert & Sara D’Alelio Davis Elkins Foundation Duncan & Renea Dayton COL William W. Dick, Ret. Dorothy D. Smith Charitable Foundation DOWL Durland Co., Inc. Energy Transfer Sunoco Foundation Simon L. and Dr. Merrilee L. Engel Estate of Charlotte Hickel Estate of Douglas D. Stewart Estate of Fred Belau Estate of Geraldine Irwin Estate of Joan M. Beltowski Estate of Ralph J. Esposito Fisher Brothers Foundation Fisher House of the Emerald Coast, Inc. Frontier Airlines Janice Garlock Laura Gay Gratis Foundation H-E-B Isidore C. & Penny W. Myers Foundation James M. & Margaret V. Stine Foundation Jane & Bill Browning Family Fund Michael V. Janes Kay Family Foundation Lamb Family Foundation Liberty Mutual Lillian Skinner Family Living Revocable Trust

Marriott International, Inc. McCauley Mills Organization Mr. and Mrs. James McGinty Microsoft Mighty Cause Monkey Edge Alec Monroe Navy Federal Credit Union NFL Players Association Nedelco, Inc. Leon Noe NOVA Open Charitable Foundation, Inc. Mr. & Mrs. Michael L. Parin Richard & Elizabeth Porter Procter & Gamble Company Radian Group, Inc. Robert Nightingale Jr. Trust Roberts & Ryan Investments, Inc. Barbara and Robert Sablowsky Bonnie Sevre William Shufflebotham Ronald Soukup Patricia Stenzel Sutter Health Clifford Taubes Tennessee Fisher House Foundation, Inc. The BGR Foundation, Inc. The North Star Foundation The Perez Family Trust The Wine Group, LLC. Triple Threat Productions, Inc. UnitedHealth Group Incorporated United Concordia Jeffrey Verheul Wabash National Corporation James & Sandra Ward James Weber Wellington Management Company Woodbridge Liquidation Trust

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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 Initiatives

Lieutenant General Charles S. Mahan, USA (Ret.) David J. McIntyre, Jr.

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