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EIN 52-1814344

The Naval Institute Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Annapolis
State
Maryland
Year formed
1992
Most recent tax filings
2023-12-01
NTEE code, primary
T11: Philanthropy, Voluntarism and Grantmaking Foundations Single Organization Support
Description
The Naval Institute Foundation operates exclusively to raise funds for charitable and educational purposes in support of the activities of the United States Naval Institute. It is organized as a sec. 509(a)(3) supporting organization and aims to provide an independent forum for those who dare to read, think, speak and write to advance the mission and policies of the United States Naval Institute.
Related structure
The Naval Institute Foundation is a subordinate organization under United States Naval Institute.
Total revenues
$9,412,802
2023
Total expenses
$5,200,662
2023
Total assets
$11,834,384
2023
Num. employees
0
2023

Program areas at The Naval Institute Foundation

The Foundation raised funds to support The activities of The united states Naval Institute. This organization is a sec. 509(a)(3) supporting organization. Mission: provide an independent forum for those who dare to read, think, speak and write to advance The professional, literary, and scientific understanding of sea power and other issues critical to global security. Vision: giving voice to all who seek The finest navy, marine corps, and coast guard.

Grants made by The Naval Institute Foundation

GranteeGrant descriptionAmount
United States Naval InstituteTo Advance Professional, Literary, and Scientific Understanding of Sea Power.$3,496,650

Who funds The Naval Institute Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,563,800
United States Naval InstituteTo Hold and Use Cash Assets in Accordance With Restrictions Contained in Donation Agreement Between Naval Historical Foundation and the Us Naval Institute.$692,000
The Crawford Taylor FoundationAnnual Fund - Support$500,000
...and 14 more grants received

Personnel at The Naval Institute Foundation

NameTitleCompensation
Radm Raymond A. Spicer, UsnChief Executive Officer$0
Heather LancasterChief Operating Officer$0
Douglas WallenTreasurer$0
Gen Peter Pace, Usmc Ret.Chair$0
Peter H DalyPast Chief Executive Officer , Director$0
...and 5 more key personnel

Financials for The Naval Institute Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$9,244,036
Program services$0
Investment income and dividends$168,766
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,412,802

Form 990s for The Naval Institute Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-05-15990View PDF
2021-122022-05-15990View PDF
2020-122021-05-25990View PDF
2019-122020-09-10990View PDF
...and 9 more Form 990s

Organizations like The Naval Institute Foundation

OrganizationLocationRevenue
Shepherds FoundationUnion Grove, WI$2,459,505
Women's Foundation for A Greater MemphisMemphis, TN$3,648,446
The Lenfest Institute for Journalism Special Asset Fund of TPFPhiladelphia, PA$41,516,736
Foundation for WomansBaton Rouge, LA$2,487,656
Beebe Medical FoundationLewes, DE$14,370,624
Lane Community College FoundationEugene, OR$6,248,844
Pressley Ridge FoundationPittsburgh, PA$3,071,673
Beta Theta Pi FoundationOxford, OH$7,425,223
Avow FoundationNaples, FL$6,834,650
PBS FoundationArlington, VA$17,715,715
Data update history
September 21, 2024
Received grants
Identified 6 new grant, including a grant for $500,000 from The Crawford Taylor Foundation
July 14, 2024
Updated personnel
Identified 4 new personnel
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from The Michael M Wiseman and Helen A Garten Charitable Foundation
January 26, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Funds one specific organizationProvides grantsNational levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
291 Wood Rd
Annapolis, MD 21402
Metro area
Baltimore-Columbia-Towson, MD
County
Anne Arundel County, MD
Website URL
usni.org/donate 
Phone
(410) 268-6110
IRS details
EIN
52-1814344
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T11: Philanthropy, Voluntarism and Grantmaking Foundations Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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
100068
FTB Entity ID
2553428
AB 488 data last updated ("as-of") date
2024-10-16
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