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Veterans Memorial & Support Foundation of Los Gatos

EIN 46-1338469 · Los Gatos, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceFair59 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

(A) - FUND IN PERPETUITY, SUPPORT FOR THE NEEDS OF ACTIVE SERVICE MEMBERS, VETERANS AND THEIR FAMILIES; EDUCATE THE COMMUNITY ON THE SACRIFICES BORNE BY THOSE WHO PROTECT AMERICA'S FREEDOM; ERECT AND MAINTAIN A WOLRD CLASS MEMORIAL IN SILICON VALLEY THAT DELIVERS HONOR, RESPECT, GRATITUDE AND HEALING TO THOSE WHO SERVE.(B) - TO ENSURE THAT THE MEMORIAL TO VETERANS BY LOS GATOS IS A RESOURCE FOR THE HISTORICAL UNDERSTANDING AND RECOGNITION OF ALL VETERANS, PAST, PRESENT, FUTURE, LIVING OR DECEASED, WHO HAVE SERVED, AND SERVING OR WILL SERVE OUR NATION IN THE MILITARY AND/OR SPECIALIZED SERVICES, THEIR SACRIFICES AND SACRIFICES OF THEIR FAMILIES.(C) - TO EDUCATE THE COMMUNITY OF LOS GATOS AND THE SURROUNDING COMMUNITIES ON THE HISTORY OF OUR VETERANS AND THEIR CONTRIBUTION TO THE AMERICAN PEOPLE.(D) - THROUGH THE FOUNDATION, TO PROVIDE HUMANITARIAN SUPPORT TO VETERANS

Income
$250,575
Spending
$76,558
Spent on programs
76%
Reserves
1.4 months of spending
Largest source of income
donations and private grants, 79%
Employees
0
Volunteers
25

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 75 out of 100. Higher than 48% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.4 months of spending.

  • Debt

    20 of 20

    It owes 14% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 69% of income.

  • Income trend

    15 of 15

    Income rose 117% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 5 cents.

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 59 out of 100. Higher than 28% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    15 of 15 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $58,304 spent. SEVEN YEARS AFTER IT WAS CONCEPTUALLY DEVELOPED, THE FLAME OF LIBERTY WAS UNVEILED ON SATURDAY, JUNE 15, 2019, HONORING THE MEN AND WOMEN WHO FIGHT TO PROTECT THE UNITED STATES AND DIED DEFENDING OUR COUNTRY. GENERATIONS WILL BE ABLE TO VISIT THE MEMORIAL TO REMEMBER THOSE WHO HAVE SACRAFICED OF THEMSELVES TO KEEP OUR COUNTRY SAFE, AND TO HAVE THE FREEDOMS THAT WE ARE ABLE TO ENJOY TODAY.

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2013.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.