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Daedalian Foundation

Daedalian Foundation

Universal City, TX 78148
Tax ID74-1365823

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About this organization

Revenue

$611,607

Expenses

$329,583

Mission

The mission of the Daedalian Foundation is to promote military aviation, education, citizenship, and charity. We have set the following goals to accomplish the mission: We will inspire young Americans to pursue careers as military aviators, via college scholarships, flying instruction, and other educational opportunities. We will perpetuate the spirit of patriotism, the love of country, and the high ideals of self-sacrifice exemplified by the American pilots of World War I, in whose honor the Order of Daedalians was founded. We will raise and invest funds to advance the Daedalian Foundation mission.

About

Preparation, publishing and distribution of the 'Daedalus Flyer', a quarterly magazine documenting the history of military aviation and encouraging an interest in aviation and aeronautics. The publication includes information on national and local flight activities including speakers, awards and presentations.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “The foundation's mission is threefold: to inspire young americans to pursue careers as military aviators via scholarships, flying instruction and other educational opportunities; to perpetuate the spirit of patriotism, love of country and the high ideals of self-sacrifice exemplified by the american pilots of world war i; and to raise and invest funds to advance the goals of the foundation's mission. at year end the foundation had 9,854 members.”.

When explaining its purpose, the activities were described as: “The foundation's mission is threefold: to inspire young americans to pursue careers as military aviators via scholarships, flying instruction and other educational opportunities; to perpetuate the spirit of patriotism, love of country and the high ideals of self-sacrifice exemplified by the american pilots of world war i; and to raise and invest funds to advance the goals of the foundation's mission. at year end the foundation had 9,854 members.”.

  • The non-profit is legally allowed to operate in the state of TX, as reported.
  • The filing provides the non-profit's address in 2020 as 55 MAIN CIRCLE BLDG 676, RANDOLPH AFB, TX, 781480249.
  • The non-profit has a total of 0 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $282,024.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 11 independent voting members.
  • The organization was formed in 1959.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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