NonprofitsMidshipmans Foundation

Midshipmans Foundation

AUSTIN, TX

Total revenue

$354K

Total expenses

$176K

Net assets

$3.2M

Grants received

$24K

6 grants

EIN

237100496

Tax year

2024

Mission

Provide financial aid and meritorious sword awards to Midshipmen and Officer Candidates at the NROTC Unit University of Texas at Austin

Programs

2 programs

Training and Leadership Education support to the University of Texas NROTC students

Expenses: $12K

Freshman Education Awards

Expenses: $6K

Financials

FY 2024

Revenue

Contributions & grants$159K
Program service revenue
Investment income$195K
Other revenue
Total revenue$354K

Expenses

Grants paid$143K
Salaries & benefits
Fundraising
Other expenses$33K
Total expenses$176K
Total assets$3.2M
Net assets$3.2M

People

9 listed

NameRoleCompensation

GABRIEL R SALAZAR

Chairman

Board

10 hrs/wk

RODNEY C KOENIG

President

Board

10 hrs/wk

ROBERT L COLLINS

ViceChairman

Board

10 hrs/wk

DAVID M WELLS

Secretary

Board

15 hrs/wk

DANNY T O'NEIL

Treasurer

Board

15 hrs/wk

ROBERT L GARTNER

Director

Board

5 hrs/wk

EDWIN W MERGELE

Director

Board

5 hrs/wk

KEVIN H HUGMAN

Director

Board

5 hrs/wk

RAYMOND J ADAMS

Director

Board

5 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$2K
GENERAL SUPPORT
2023
$500
GENERAL SUPPORT
2022
$3K
GENERAL SUPPORT
2021
$3K
GENERAL SUPPORT
2021

Funded by

$24K from 3 funders · 6 grants · 2017–2023

Alice Taylor Gray Foundation

$8K · 4 grants · 2021–2023

Details

EIN237100496
Subsection03
Ruling date1971-03
Formed1970
Employees0
Volunteers5
MIDSHIPMANS FOUNDATION — Mission, Financials & Grants Received | Grantivo