NonprofitsNaval Academy Sailing Foundation Inc

Public & Societal Benefit

Naval Academy Sailing Foundation Inc

ANNAPOLIS, MD

Total revenue

$1.1M

Total expenses

$2.9M

Net assets

$33.0M

Grants received

$94K

8 grants

EIN

237328323

Tax year

2024

Mission

To further the mission of the united states naval academy; primarily through direct support to the sail training program at the naval academy.

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue
Investment income
Other revenue$88K
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$161K
Fundraising$18K
Other expenses$2.7M
Total expenses$2.9M
Total assets$33.2M
Net assets$33.0M

People

11 listed

NameRoleCompensation

CDR LES SPANHEIMER USN RET

TREASURER & EXECUTIVE DIRE

Board

$150K

40 hrs/wk

CDR NICK MADIGAN USNR RET

PRESIDENT & TRUSTEE

Board

1 hrs/wk

MARGARET PODLICH

SECRETARY & TRUSTEE

Board

1 hrs/wk

VADM DIXON SMITH USN RET

VICE PRESIDENT & TRUSTEE

Board

1 hrs/wk

BRAD RODI

TRUSTEE

Board

1 hrs/wk

PETER CRAIG

TRUSTEE

Board

1 hrs/wk

CLARE HARRINGTON

TRUSTEE

Board

1 hrs/wk

ALEC CUTLER

TRUSTEE

Board

1 hrs/wk

RADM PAT DAWSON JR USNR RET

TRUSTEE

Board

1 hrs/wk

HAL GILREATH

TRUSTEE

Board

1 hrs/wk

ANTHONY PARKER

TRUSTEE

Board

1 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$10K
GENERAL EXEMPT PURPOSE
2023
$8K
For grant recipient's exempt purposes
2022
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$31K
For grant recipient's exempt purposes
2019
$20K
GENERAL PURPOSE
2018
$5K
For grant recipient's exempt purposes
2018
$1K
GENERAL PURPOSE
2018

Funded by

$94K from 3 funders · 8 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$63K · 5 grants · 2018–2022

R Dudley Harrington Jr Char Fdn

$30K · 2 grants · 2018–2023

Loomis Foundation

$1K · 1 grant · 2018

Details

EIN237328323
NTEE codeW30I
Subsection03
Ruling date1973-12
Formed1973
Employees1
Volunteers10
NAVAL ACADEMY SAILING FOUNDATION INC — Mission, Financials & Grants Received | Grantivo