From public IRS filings
UNITED STATES NAVAL INSTITUTE
ANNAPOLIS, MD
Mission
TO ADVANCE PROFESSIONAL, LITERARY, AND SCIENTIFIC UNDERSTANDING OF SEA POWER.
Financials (IRS Form 990)
Total revenue
$9.1M
Total expenses
$10.6M
Total assets
$7M
Program expense ratio
64%
Source: IRS Form 990, tax year 2023.
Who funds UNITED STATES NAVAL INSTITUTE
$17.1M in foundation grants on record from 23 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Naval Institute Foundation | $14.9M | 4 |
| Naval Historical Foundation | $692K | 1 |
| Donor Advised Charitable Giving | $541K | 4 |
| William M Wood Foundation | $271K | 2 |
| Fidelity Investments Charitable Gift Fund | $152K | 2 |
| Morgan Stanley Global Impact Funding Trust | $150K | 2 |
| Gs Donor Advised Philanthropy Fund for Wealth Management | $140K | 2 |
| Carnegie Corporation of New York | $100K | 1 |
| American Online Giving Foundation | $62K | 2 |
| Vanguard Charitable Endowment Program | $50K | 4 |
Leadership
RAYMOND SPICER — CHIEF FINANCIAL OFFICER (Principal officer)
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