CharityWatch REPORT
Issued October 2016

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.

Note(s)
According to the Gary Sinise Foundation consolidated audit of December 31, 2015 (Note 2), the Organization received total in-kind donated services and materials valued at $1,695,442 in 2015.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found by clicking on "About CharityWatch" from the navigation bar and then clicking on "Criteria & Methodology".]
According to the Gary Sinise Foundation consolidated audit of December 31, 2015 (Note 6 re: Smart Home Construction):

"Through its R.I.S.E. program, the Organization is committed to building 19 Smart Homes. The total budgeted cost of those Smart Homes total $14,543,870; as of December 31, 2015 the Organization has expended $2,630,619, resulting in a net commitment of $11,913,251 for homes scheduled to be constructed in 2016 and 2017."
According to the Gary Sinise Foundation consolidated audit of December 31, 2015 (Note 2 re: Subsequent Events):

"... It also should be noted that in February 2016, the Organization's board of directors determined that it was in the best interest of the Organization to establish a board designated endowment fund in the amount of $10,000,000 as part of the Organization's long-term strategic plan."
According to the Gary Sinise Foundation 2015 tax filing, Gary Sinise and his wife, Moira Sinise, are two of the Organization's five board members (IRS Form 990 Part VII, Section A & Schedule O).

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