Since its 2007 founding, Folds of Honor has donated 35,000 educational scholarships totaling more than $160 million to spouses and children of fallen and disabled service members.
However, the upcoming opening of its new three-story headquarters in Owasso will allow the organization to further expand its mission.
“The need for support and for scholarships has increased each year, and Folds has outgrown its original headquarters,” explains Col. Nick Nichols, Folds of Honor’s executive vice president of operations and relationships. “Folds did not provide any funding for the building, instead utilizing the contributions from the construction community. ABC (Associated Builders and Contractors) of Oklahoma and its vendors, suppliers and contractors donated time, expertise and materials. We’re very grateful.”
Among the students who receive Folds of Honor scholarships, which are $5,000 per year, 41% are minorities.
“We are not using one scholarship dollar to fund this building,” Nichols says. “It’s very important for people to know that.”
Not only will the new HQ be across the street from the organization’s original headquarters, but it also will feature a memorial honoring fallen soldiers. Nichols says the facility will be accessible to everyone, and a reception area on the third floor will have a huge outdoor patio and interior bar.
“When you have a place where you can bring people in — new donors and existing donors — a place where you can host them, it’s a gamechanger in fundraising,” he says.
Folds of Honor has 25 chapters around the country, and Nichols says the new base of operations will be “a living testimonial and memorial to all the work our donors have done over the past 14 years.”
The facility is expected to open by Memorial Day 2022.