The Headstrong Project was founded in 2012 by a combat veteran.

True: the Headstrong Project's official materials, IRS records or reliable reporting show it was founded in 2012 and that a founder (or the principal founder) was a combat veteran. Mostly true: one founder was a combat veteran and the founding year is off by one year (2011 or 2013), or the founding was a joint effort in which a combat veteran was one of several co-founders. Mixed: only one of the two parts holds (the year is right but no founder was a combat veteran, or the founder was a combat veteran but the year is off by more than one year). Mostly false: the organisation was founded by a veteran who did not serve in combat, or by a non-veteran working with veterans, and the year is also wrong. False: neither part holds.

Set before the research began.

1. E1 Zachary Iscol | United Hospital Fund United Hospital Fund · 1 January 2026

   “Co-founded by Zach in New York City in 2012, the organization has expanded to 15 states and now provides free mental health care to 1,400 clients per month.”

2. E2 Zachary Iscol | United Hospital Fund United Hospital Fund · 1 January 2026

   “As a Marine, he was awarded the Bronze Star for valor for leading a combined unit of U.S. Marines and Iraq soldiers during the Second Battle of Fallujah, known as the bloodiest battle of the Iraq War and the heaviest urban combat seen by U.S. troops since 1968.”

3. E3 Zachary Iscol | United Hospital Fund United Hospital Fund · 1 January 2026

   “It was around 2011 when decorated combat veteran Zach Iscol was grabbing a beer with his former battalion commander in Manhattan”

4. E4 Zachary Iscol | United Hospital Fund United Hospital Fund · 1 January 2026

   “for co-founding The Headstrong Project to provide confidential, barrier-free, and stigma-free PTSD treatment to veterans, service members, and family connected to their care.”

The United Hospital Fund award page, a source independent of Burry, says The Headstrong Project was co-founded by Zach Iscol in New York City in 2012 (E1, E4). The same page describes Iscol as a decorated combat veteran: a Marine who earned a Bronze Star for valor in the Second Battle of Fallujah (E2, E3). So the 2012 founding year holds, and a combat veteran was among the founders. The evidence says Iscol, a combat veteran, co-founded the charity in 2012 [E1][E2][E4]; the word "co-founding" suggests others were involved, though the evidence names no other co-founders, and on that basis the judges applied the criteria's "mostly true" case for a joint founding in which a combat veteran was one of the co-founders.