Nonprofits›United States Merchant Marine Academy Alumni Association And Fou

Education

United States Merchant Marine Academy Alumni Association And Fou

KINGS POINT, NY

WebsiteView as a funder

Total revenue

$6.5M

Total expenses

$6.1M

Net assets

$61.4M

Grants received

$1.8M

60 grants

EIN

116037948

Tax year

2024

Mission

The foundation shall exist to serve, assist, and perpetuate the academy, its regiment of midshipmen, faculty, staff, and alumni.

Programs

4 programs

Alumni activities - support to alumni services and alumni fundraising events for the benefit of the usmma. Support alumni activities by sponsoring 12 golf tournaments a year, homecoming events, and sponsoring 55 alumni awards.

Expenses: $921KGrants: $105K

Publications - support to communications (publications and website) for alumni, parents, and midshipmen. Publish the kings pointer magazine four times a year with a circulation of 15,782. Publish the scuttlebut newsletter by e-mail twice a month to 7,975 alumni.

Expenses: $228K

Job placement services: job placement - career and internship services to midshipmen, recent graduates in compliance of obligation, and alumni.

Expenses: $14K

Rental Revenue

Financials

FY 2024

Revenue

Contributions & grants$4.2M
Program service revenue$227K
Investment income$1.8M
Other revenue$293K
Total revenue$6.5M

Expenses

Grants paid$2.6M
Salaries & benefits$1.6M
Fundraising$505K
Other expenses$2.0M
Total expenses$6.1M
Total assets$62.0M
Net assets$61.4M

People

22 listed

NameRoleCompensation

JAMES F TOBIN

PRESIDENT AND CEO

Board

$239K

40 hrs/wk

ROSALBA RACCAGNA

VICE PRESIDENT OF FINANCE

Board

$125K

40 hrs/wk

JOSEPH D SCHWARTZSTEIN

CHAIRMAN

Board

—

4 hrs/wk

EARL H BURNS

DIRECTOR

Board

—

2 hrs/wk

Frank V Liantonio

Director

Board

—

2 hrs/wk

Glenda S O'Connor

Director

Board

—

2 hrs/wk

JAMES L HAMILTON

Director

Board

—

4 hrs/wk

JOHN D CAMERON

DIRECTOR

Board

—

2 hrs/wk

BRIAN F MURPHY

VICE CHAIR, FINANCE

Board

—

2 hrs/wk

JOSEPH S MARTUCCI

DIRECTOR

Board

—

2 hrs/wk

RICHARD J HALLUSKA

DIRECTOR

Board

—

2 hrs/wk

SEAN K RITCHIE

CHAPTERS DIRECTOR

Board

—

2 hrs/wk

STEVEN T DZITKO

DIRECTOR

Board

—

2 hrs/wk

THEODORE H TEPLOW

DIRECTOR

Board

—

2 hrs/wk

THOMAS G DEVINE

DIRECTOR

Board

—

2 hrs/wk

WARREN N WRIGHT

DIRECTOR

Board

—

2 hrs/wk

JOHN O ARNTZEN

DIRECTOR

Board

—

2 hrs/wk

JENNIFER F WILLIAMS

VICE CHAIR, STRATEGIC PLANNING

Board

—

2 hrs/wk

JOHN C BRENNAN

Vice Chair (Alumni Affairs/Chapters)

Board

—

2 hrs/wk

JOHN E CHICKERING

Vice CHAIRMAN, Finance

Board

—

2 hrs/wk

MARILYN LIVI

SENIOR VICE PRESIDENT

Staff

$138K

40 hrs/wk

JAMIE JOHNSON

VP OF BUS & STRATEGIC DEV.

Staff

$132K

40 hrs/wk

Independent contractors

Daniel J Edelman Inc

Public Relations

$189K

Grants received

Showing 60 of 60

FromAmountPurposeYear
AMERICAN ONLINE GIVING FOUNDATION INC
$38K
GENERAL SUPPORT
2024
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$25K
UNRESTRICTED GENERAL SUPPORT
2024
GRATIS FOUNDATION
$15K
GENERAL USE
2024
BALTIMORE COMMUNITY FOUNDATION INC
$10K
GENERAL SUPPORT AND VARIOUS PROJECTS
2024
GS DONOR ADVISED PHILANTHROPY FUND
$6K
EDUCATION
2024
The Winston-Salem Foundation
$5K
4 grant(s) for varying purposes
2024
WORLDSCALE ASSOCIATION (NYC) INC
$1K
GENERAL SUPPORT
2024
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$137K
For grant recipient's exempt purposes
2023
DONOR ADVISED CHARITABLE GIVING INC
$104K
EDUCATION
2023
AMERICAN ONLINE GIVING FOUNDATION INC
$26K
GENERAL SUPPORT
2023
ARIZONA COMMUNITY FOUNDATION
$25K
GENERAL SUPPORT
2023
THE AYCO CHARITABLE FOUNDATION
$22K
EDUCATION
2023
GRATIS FOUNDATION
$15K
GENERAL USE
2023
BALTIMORE COMMUNITY FOUNDATION INC
$13K
GENERAL SUPPORT AND VARIOUS PROJECTS
2023
The Winston-Salem Foundation
$7K
5 grant(s) for varying purposes
2023
CHARITIES AID FOUNDATION AMERICA
$6K
CHARITABLE DONATION
2023
GS DONOR ADVISED PHILANTHROPY FUND
$6K
EDUCATION
2023
WORLDSCALE ASSOCIATION (NYC) INC
$1K
GENERAL SUPPORT
2023
VERIZON FOUNDATION
$690
OTHER CIVIC / COMMUNITY
2023
BAKER HUGHES FOUNDATION
$199
GENERAL SUPPORT
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$97K
For grant recipient's exempt purposes
2022
DONOR ADVISED CHARITABLE GIVING INC
$48K
EDUCATION
2022
THE BLACKBAUD GIVING FUND
$27K
GENERAL SUPPORT
2022
ARIZONA COMMUNITY FOUNDATION
$25K
GENERAL SUPPORT
2022
BALTIMORE COMMUNITY FOUNDATION INC
$25K
GENERAL SUPPORT AND VARIOUS PROJECTS
2022
AMERICAN ONLINE GIVING FOUNDATION INC
$22K
GENERAL SUPPORT
2022
GRATIS FOUNDATION
$15K
GENERAL USE
2022
CHARITIES AID FOUNDATION AMERICA
$12K
CHARITABLE DONATION
2022
GS DONOR ADVISED PHILANTHROPY FUND
$8K
EDUCATION
2022
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
$6K
GENERAL SUPPORT
2022
The Winston-Salem Foundation
$5K
4 GRANT(S) FOR VARYING PURPOSES
2022
VERIZON FOUNDATION
$680
MIP PAYOUT FOR 07/05/2022
2022
VERIZON FOUNDATION
$250
MIP PAYOUT FOR 03/15/2022
2022
YOCUM FAMILY PERPETUAL CHARITABLE TRUST
$262K
General Purposes, Without Restriction
2021
DONOR ADVISED CHARITABLE GIVING INC
$59K
EDUCATION
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$57K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$57K
For grant recipient's exempt purposes
2021
AMERICAN ONLINE GIVING FOUNDATION INC
$27K
GENERAL SUPPORT
2021
ARIZONA COMMUNITY FOUNDATION
$9K
PROGRAM SUPPORT
2021
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
$8K
GENERAL SUPPORT
2021
CHARITIES AID FOUNDATION AMERICA
$7K
CHARITABLE DONATION
2021
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$6K
For recipient's exempt purpose
2021
JPMORGAN CHASE FOUNDATION
$200
GENERAL OPERATING SUPPORT
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$84K
For grant recipient's exempt purposes
2020
DONOR ADVISED CHARITABLE GIVING INC
$30K
EDUCATION
2020
AMERICAN ONLINE GIVING FOUNDATION INC
$21K
GENERAL SUPPORT
2020
BALTIMORE COMMUNITY FOUNDATION INC
$20K
GENERAL SUPPORT AND VARIOUS PROJECTS
2020
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
$8K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
YOCUM FAMILY PERPETUAL CHARITABLE TRUST
—
GENERAL PURPOSES, WITHOUT RESTRICTION
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$84K
For grant recipient's exempt purposes
2019
DONOR ADVISED CHARITABLE GIVING INC
$21K
EDUCATION
2019
UNITED WAY WORLDWIDE
$20K
General Charitable Operation
2019
AMERICAN ONLINE GIVING FOUNDATION INC
$14K
GENERAL SUPPORT
2019
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
$6K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2019
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$51K
For grant recipient's exempt purposes
2018
DONOR ADVISED CHARITABLE GIVING INC
$13K
EDUCATION
2018
UNITED WAY OF BERGEN COUNTY
$5K
DONOR DESIGNATION
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$156K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
Combined Jewish Philanthropies of Greater Boston Inc
$5K
DAF -Education
2017

Funded by

$1.8M from 22 funders · 60 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$723K · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$274K · 6 grants · 2018–2023

Yocum Family Perpetual Charitable Trust

$262K · 2 grants · 2020–2021

American Online Giving Foundation Inc

$148K · 6 grants · 2019–2024

Baltimore Community Foundation Inc

$68K · 4 grants · 2020–2024

Arizona Community Foundation

$59K · 3 grants · 2021–2023

Gratis Foundation

$45K · 3 grants · 2022–2024

The Blackbaud Giving Fund

$27K · 1 grant · 2022

Details

EIN116037948
NTEE codeB84
Subsection03
Ruling date1959-08
Formed1944
Employees11
Volunteers19
UNITED STATES MERCHANT MARINE ACADEMY ALUMNI ASSOCIATION AND FOU — Mission, Financials & Grants Received | Grantivo