American Bureau of Shipping
To serve the public interest as well as the needs of our members and clients by promoting the safety of life and property and preserving the natural environment through the development and verification of standards for design, construction and operational maintenance of ships and marine related facilities.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.3B
+6.2% YoY
Annual Giving
$1.0M
-70.3% YoY
Grant Count
20
+5.3% YoY
Avg Grant Size
$52K
-71.8% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,250,382,108 | $2,119,439,453 | $1,917,786,915 |
| Revenue | $536,588,479 | $541,482,602 | $487,783,327 |
| Expenses | $514,933,830 | $479,466,138 | $427,437,389 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $54,374,423 | $63,405,983 | $58,668,398 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does American Bureau of Shipping fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Christopher J Wiernicki | Chairman and CEO | 40 | $2,803,152 |
| John P McDonald | President and Chief Operating Officer (COO) | 40 | $1,147,279 |
| David W Grzebinski | Director | 1 | $210,000 |
| Craig H Stevenson Jr | Director | 1 | $210,000 |
| Elizabeth D Whitaker | Director | 1 | $210,000 |
| Louis A Raspino Jr | Director | 1 | $200,000 |
| Michael L Carthew | Director | 1 | $230,000 |
| Phillip J Shapiro | Director | 1 | $210,000 |
| William E Jenkins | Director | 1 | $215,000 |
| Susan K Neely | Director | 1 | $200,000 |
| Darryl K Willis | Director | 1 | $200,000 |
| Mark H Ross | Director | 1 | $100,000 |
| Robert G Clyne | EVP General Counsel & Secretary | 40 | $1,060,198 |
| Derek S Novak | VP & Chief Engineer | 40 | $494,650 |
| Laura C Fulton | SVP & Chief Financial Officer (CFO) | 40 | $1,020,305 |
| Adam W Moilanen | VP & Chief Surveyor | 40 | $532,010 |
| Chuck Raymond Kemper | SVP & Chief Human Resources Officer | 40 | $644,050 |
| Kara Pelecky | SVP & Chief Information Officer (CIO) | 40 | $711,643 |
| Patrick J Ryan | SVP & Chief Technology Officer (CTO) | 40 | $577,329 |
| Jessica Mahaffey | SVP & Chief Marketing Officer (CMO) | 40 | $523,812 |
| Miguel Hernandez | SVP, Global Offshore Market | 40 | $533,892 |
| Annisa Lyvers | VP - Data and Analytics | 40 | $335,534 |
| Arinjit Roy | SVP - Pacific & MEA Operations | 40 | $729,637 |
| Joshua Lavire | VP, Health, Safety, Quality and Environment (HSQE) | 40 | $306,637 |
| Bruce Baffer | SVP, Global Government Services | 40 | $445,759 |
| Joshua Divin | SVP - Western Operations | 40 | $324,014 |
| Paul Karam | VP, Operations - Greater China Region | 40 | $735,124 |
| Gareth C Burton | SVP, Global Engineering | 40 | $320,347 |
| Andrew Lipman | Director, Projects, Offshore GC Regional Operation | 40 | $626,485 |
| Tommy Nguyen | Director, Business Development Global Offshore - S | 40 | $608,452 |
| Ben Ford | Surveyor III, Senior * CN Shanghai Port (MLO) | 40 | $591,901 |
| Bhattacharya Sandipan | Vice President, Application Development (no longer | 40 | $415,909 |
| Johnny M Garrett Jr | Vice President, Regional Operations * Southern Pac | 40 | $594,721 |
| Eric C Kleess | Former Senior VP - Eastern Hemisphere | 40 | $181,593 |
| Matthew D Tremblay | Former Senior VP, Global Offshore Markets | 40 | $404,048 |
| Richard D Pride | Former Senior VP - Western Hemisphere | 40 | $321,532 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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