
First-Half FY2026 Progress
“The strength of the team is each individual member. The strength of each member is the team.” – Phil Jackson, Hall of Fame andNBA Championship
“Positive program outcomes have translated directly into Fedcap’s organizational resilience and long-term growth. Fedcap delivered strong fiscal 2025 results—exceeding our internal revenue projections and expanding our impact across every region we serve.”
– Christine McMahon, President and CEO of Fedcap
As a member of the Fedcap Group, Dixon Center for Military and Veterans Services (the Center) participated in the recent release of Fedcap’s FY25 Full -Year Financial and Programmatic Results.
In FY25, Fedcap served over 333,479 individuals, a 37% increase compared to the previous year. What’s more, Fedcap achieved $404.5 million in operating revenue for FY25, representing a 6.8% increase over FY24. As of September 30, 2025, Fedcap had $49.4 million in cash and investments, total assets of $402.5 million, and long-term liabilities of $298.5 million.
“Looking ahead to fiscal 2026, we believe Fedcap is well-positioned to navigate the continued volatility in the broader economic and political landscape… These efforts will deepen our impact, and ensure that Fedcap continues delivering reliable, high-quality outcomes for the individuals and communities we serve,” said McMahon.
A global network of top-tier nonprofit agencies, Fedcap operates in four practice areas—education, workforce development, health, and economic development—across 30 nonprofit subsidiaries in more than 110 locations spanning the United States, Canada, and the United Kingdom.

“The strength of the team is each individual member. The strength of each member is the team.” – Phil Jackson, Hall of Fame andNBA Championship

“Innovations are imperative in building capacity by organizations seeking to make lives of veterans and their families better.” – Duncan S. Milne, Retired US Marine

“The selected lines from Laurence Binyon’s poem ‘For the Fallen’ honors sacrifice and serves as a reminder of the enduring respect and remembrance owed to fallen

“I don’t wait until a holiday comes up to recognize those who have fallen – and the families of the fallen. I feel these service