From public IRS filings
THE NAVAL INSTITUTE FOUNDATION INCORPORATED
ANNAPOLIS, MD
Mission
TO RAISE FUNDS AND FURTHER THE MISSION OF THE UNITED STATES NAVAL INSTITUTE (THE INSTITUTE).
Financials (IRS Form 990)
Total revenue
$9.4M
Total expenses
$5.2M
Total assets
$11.8M
Program expense ratio
67%
Source: IRS Form 990, tax year 2023.
Who funds THE NAVAL INSTITUTE FOUNDATION INCORPORATED
$15.5M in foundation grants on record from 35 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| John J & Mary R Schiff Foundation | $6.6M | 4 |
| Fidelity Investments Charitable Gift Fund | $2.7M | 4 |
| Vanguard Charitable Endowment Program | $2.5M | 4 |
| United States Naval Institute | $727K | 2 |
| Pritzker Military Foundation | $503K | 3 |
| Crawford Taylor Foundation | $500K | 1 |
| Mario Family Foundation | $251K | 2 |
| Donor Advised Charitable Giving | $225K | 3 |
| Morgan Stanley Global Impact Funding Trust | $225K | 5 |
| Smith Richardson Foundation | $200K | 1 |
Leadership
RAYMOND A SPICER — TREASURER (Principal officer)
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