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EIN 23-7025807

Massachusetts Maritime Academy Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Buzzards Bay
State
Massachusetts
Year formed
1968
Most recent tax filings
2023-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Massachusetts Maritime Academy Foundation exists to promote the general welfare, academic posture, and quality of life of the regiment of cadets by generating and managing private funds to support the mission of the Massachusetts Maritime Academy. The Foundation's missions is to enhance our graduates' preeminent leadership qualifications. To provide scholarships and contributions in support of Massachusetts Maritime Academy.
Also known as...
Ma Maritime Academy Foundation
Total revenues
$12,570,673
2023
Total expenses
$1,718,023
2023
Total assets
$56,074,263
2023
Num. employees
0
2023

Program areas at Massachusetts Maritime Academy Foundation

Scholarships awarded to Academy students and expenses related to receiving and accounting for donations.

Who funds Massachusetts Maritime Academy Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Bureau of Shipping (ABS)Abs 2022 Scholarships for Tuition and Books.$60,000
Bny Mellon Charitable Gift FundTo Further the Organization's Exempt Purpose$50,000
The National Graduate School of Quality ManagementEntity Has Dissolved$45,000
...and 8 more grants received

Personnel at Massachusetts Maritime Academy Foundation

NameTitleCompensation
Elizabeth SimmonsVice President of External Affairs$0
David SmithTreasurer$0
William WalkerVice Chair$0
James SanislowSecretary$0
Brendan O'ConnorChair$0
...and 1 more key personnel

Financials for Massachusetts Maritime Academy Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$11,109,346
Program services$0
Investment income and dividends$808,382
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$333,095
Net income from fundraising events$319,850
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,570,673

Form 990s for Massachusetts Maritime Academy Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-05990View PDF
2022-062023-03-10990View PDF
2021-062022-01-10990View PDF
2020-062021-04-06990View PDF
2019-062020-01-23990View PDF
...and 9 more Form 990s

Organizations like Massachusetts Maritime Academy Foundation

OrganizationLocationRevenue
Western Illinois University FoundationMacomb, IL$11,991,285
Worcester State FoundationWorcester, MA$8,251,574
Tennessee Technological University FoundationCookeville, TN$10,635,899
University System of Maryland Foundation (USMF)Adelphi, MD$46,875,365
College of Central Florida FoundationOcala, FL$6,584,003
Pinellas Education Foundation (PEF)Largo, FL$9,197,386
Skagit Valley College FoundationMount Vernon, WA$5,969,491
The Hillsborough Community College FoundationTampa, FL$9,578,709
Oregon Tech FoundationKlamath Falls, OR$6,429,423
Binghamton University FoundationBinghamton, NY$57,977,280
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
January 3, 2024
Received grants
Identified 2 new grant, including a grant for $60,000 from American Bureau of Shipping (ABS)
December 31, 2023
Received grants
Identified 6 new grant, including a grant for $50,000 from Bny Mellon Charitable Gift Fund
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
101 Academy Dr
Buzzards Bay, MA 02532
Metro area
Barnstable Town, MA
County
Barnstable County, MA
Website URL
maritime.edu/ 
Phone
(508) 830-5099
IRS details
EIN
23-7025807
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1968
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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