Brendan Looney Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF THE BRENDAN LOONEY FOUNDATION IS TO HELP INDIVIDUALS AND FAMILIES--BOTH U.S. MILITARY AND NON-MILITARY--WHO SHARE THE VALUES OF SERVICE, HONOR, INTEGRITY, AND PERSEVERANCE EXEMPLIFIED BY LT BRENDAN LOONEY. AS BRENDAN SO HONORABLY LIVED, BLF BELIEVES IN SERVICE TO COMMUNITY AND COUNTRY, A FOUNDATION OF STRONG CHARACTER AND MORALS, AND A COMMITMENT TO REACH ONE'S GREATEST POTENTIAL IN MIND, BODY AND SPIRIT. THROUGH EDUCATIONAL SCHOLARSHIPS, ASSISTANCE PROGRAMS, AWARDS, GRANTS AND OTHER ACTIVITIES, BLF SEEKS TO PROMOTE THE DEVELOPMENT OF FUTURE LEADERS, CREATE ADVANCEMENT OPPORTUNITIES AND ENRICH THE LIVES OF THOSE IN NEED.
- Income
- $40,241
- Spending
- $137,514
- Spent on programs
- 93%
- Reserves
- 23.9 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 48% of charities in its peer group (human services, under $250k).
Reserves
35 of 35Spendable reserves would cover 23.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 242% of income.
Income trend
0 of 15Income fell 87% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 56 out of 100. Higher than 39% of charities in its peer group (human services, under $250k).
Independent board
5 of 250 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, 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)
- $128,225 spent. SCHOLARSHIPS, AWARDS AND GRANTS ARE BASED ON NEED AND ALIGNED WITH VALUES WITH THE FOUNDATION. SCHOLARSHIPS, AWARDS AND GRANTS INCLUDE BUT ARE NOT LIMITED TO: EDUCATION, PHYSICAL EDUCATION/CAMPS, DEPLOYMENT SUPPORT, AND US MILITARY SUPPORT PROGRAMS/INITIATIVES
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2017 for not filing returns for three years, and reinstated on November 15, 2017.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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.