EIN 04-2899862

Coast Guard Foundation

IRS 501(c) type
501(c)(3)
Num. employees
23
Year formed
1986
Most recent tax filings
2023-12-01
Description
Founded in 1969, the Coast Guard Foundation provides education, support and relief for the brave men and women, who enforce maritime law, protect our homeland and preserve the environment.
Total revenues
$11,780,701
2023
Total expenses
$10,812,171
2023
Total assets
$23,347,944
2023
Num. employees
23
2023

Program areas at Coast Guard Foundation

Education is essential to a strong future for the Coast Guard community, but the rising costs of school and other barriers make it inaccessible to many. We help make higher education possible through various initiatives including: scholarships for children of active duty, retired, or active reserve members; 100% coverage of higher education for children of Coast Guard members who die in operational, line of duty service; and, professional development opportunities for Coast Guard members and their spouses. We also support the Coast Guard academy, a top-tier educational institution training the future leaders of the Coast Guard, through various grant support.
Family resilience, emergency support and community building - when the Coast Guard family faces difficult times, the Coast Guard Foundation prioritizes family resilience, so that members, spouses, and children have the support they need to recover. When natural disasters strike, the Foundation offers Coast Guard members immediate relief by assessing member and family needs through our disaster relief and response program. When Coast Guard families or units face the unthinkable loss of an active duty member, we are there with immediate financial and morale support. For an injured or critically ill Coast Guard member which deeply affects family and loved ones, our tragedy assistance support program ensures that families can focus exclusively on recovery. This dedicated and robust financial support system allows families and fellow service members to be nearby during these difficult times. A sense of community is powerful for members and families, as Coast Guard deployments can be remote and isolating. We fund community spaces that serve as gathering places for Coast Guard families to meet and connect with each other while stationed far away from loved ones. Members and families can also spend time together at these spaces when members are off duty.
Morale and well-being of the Coast Guard is crucial - not only so they remain always ready for their assignments, but so they can maintain their own physical and mental well-being while at sea or stationed in remote areas. We provide morale and well-being support through various initiatives including: providing exercise, sports, and outdoor recreation equipment at Coast Guard stations and on board cutters; funding recreation spaces in Coast Guard communities; offering morale support through partnership with Coast Guard leadership; and, providing training programs for Coast Guard chaplains specific to family counseling.
Public awareness:the Coast Guard Foundation serves as a goodwill ambassador for the united states Coast Guard by making the public aware of the benefits of a strong Coast Guard. We celebrate Coast Guard members through our tribute events, golf tournaments, and our run to remember, a worldwide movement where thousands of individuals participate in road races, memorial walks, and other types of fitness events.

Grants made by Coast Guard Foundation

GranteeGrant descriptionAmount
United States Coast Guard ChiefTo Provide Disaster Assistance and Emergency Relief To Coastguardsmen & Women$220,000

Who funds Coast Guard Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)Community Development$235,000
Schwab Charitable FundPublic, Societal Benefit$226,863
Jewish Community Foundation of the Jewish Federation Council of Greater LaGeneral Support$110,000
...and 147 more grants received totalling $1,595,549

Personnel at Coast Guard Foundation

NameTitleCompensation
Susan P. LudwigPresident$272,978
Victor StanescuChief Financial Officer
Ron LaBrecChief Marketing and Communications Officer$181,923
Bradley D. SisleyChief Philanthropy Officer
Brad SisleySenior Vice President of Development$189,558
...and 9 more key personnel

Financials for Coast Guard Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$11,285,518
Program services$0
Investment income and dividends$883,109
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$47,164
Net income from fundraising events$-476,783
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$41,693
Total revenues$11,780,701

Form 990s for Coast Guard Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-01990View PDF
2022-122023-06-26990View PDF
2021-122022-06-15990View PDF
2020-122021-09-16990View PDF
2019-122020-12-18990View PDF
...and 12 more Form 990s

Organizations like Coast Guard Foundation

OrganizationLocationRevenue
Marine Corps Scholarship FoundationAlexandria, VA$22,373,801
Caring for Military Families The Elizabeth Dole FoundationWashington, DC$9,550,090
Cia Officers Memorial FoundationHerndon, VA$11,677,031
The Mission ContinuesSaint Louis, MO$10,758,597
Pat Tillman FoundationChicago, IL$4,945,986
The Baruch College FundNew York, NY$13,518,092
Travis Mills FoundationMount Vernon, ME$8,199,854
National Credit Union FoundationMadison, WI$6,177,944
The Red Sox FoundationBoston, MA$10,674,742
The Honor FoundationSan Diego, CA$7,650,265
Data update history
October 24, 2024
Received grants
Identified 15 new grant, including a grant for $26,250 from The James L Everitts Foundation
October 21, 2024
Updated personnel
Identified 2 new personnel
August 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 26, 2024
Updated personnel
Identified 12 new personnel
August 2, 2024
Received grants
Identified 41 new grant, including a grant for $50,000 from Sahm Family Foundation
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsMilitary and veteran charitiesCharities
Issues
Military and veterans
Characteristics
Provides grantsFundraising eventsNational levelEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
394 Taugwonk Rd
Stonington, CT 06378
Metro area
Norwich-New London, CT
County
Southeastern Connecticut Planning Region, CT
Website URL
coastguardfoundation.org/ 
Phone
(860) 535-0786
Facebook page
coastguardfoundation 
Twitter profile
@coastguardfound 
IRS details
EIN
04-2899862
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W12: Public and Societal Benefit Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0157884
FTB Entity ID
2410499
AB 488 data last updated ("as-of") date
2024-12-31
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