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
6723%
Source: IRS Form 990, tax year 2023.
Who funds THE NAVAL INSTITUTE FOUNDATION INCORPORATED
$5M in foundation grants on record from 17 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Vanguard Charitable Endowment Program | $2.5M | 4 |
| United States Naval Institute | $727K | 2 |
| Fidelity Investments Charitable Gift Fund | $594K | 2 |
| Donor Advised Charitable Giving | $225K | 3 |
| Morgan Stanley Global Impact Funding Trust | $150K | 3 |
| American Online Giving Foundation | $127K | 4 |
| Johnson Charitable Gift Fund | $100K | 3 |
| Community Foundation for Northern Virginia | $50K | 1 |
| T Rowe Price Program for Charitable Giving | $50K | 1 |
| American Gift Fund | $50K | 1 |
Leadership
RAYMOND A SPICER — TREASURER (Principal officer)
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