Folds of Honor: HONORING THEIR SACRIFICE, EDUCATING THEIR LEGACY. Founded by Major Dan Rooney, a former F-16 pilot, Folds of Honor's mission is to empower military families by providing educational scholarships to the children and spouses of military service men and women killed or disabled while serving the Unites States of America. Since 2007, Folds of Honor has awarded over 10,000 scholarships.