Boston Marine Society
PROMOTE KNOWLEDGE OF THE COAST, RELIEVE MEMBERS AND FAMILIES OF POVERTY, AND FINANCIALLY ASSIST IN THE EDUCATION AND TRAINING OF MARITIME ACADEMY STUDENTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.3M
+12.0% YoY
Annual Giving
$58K
+15.0% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$14K
-13.8% YoY
About Boston Marine Society
Based on IRS filings
Boston Marine Society is a nonprofit organization, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.3M in total assets. In 2024, it awarded 4 grants totaling $58K. Net investment income was $1.4M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,336,320 | $24,409,964 | $22,733,633 |
| Revenue | $1,553,810 | $630,699 | $913,011 |
| Expenses | $992,726 | $904,538 | $789,699 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,400,501 | $598,484 | $867,961 |
| 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 4 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Massachusetts Maritime Academy ($20,000), Maine Maritime Academy ($20,000), Seafarer's Friend ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MASSACHUSETTS MARITIME ACADEMY BUZZARDS BAY, MA | PHASE II OF MAINTENANCE AND RESTORATION OF MANNED MODEL FLEET | $20,000 |
| MAINE MARITIME ACADEMY CASTINE, ME | UPGRADE LIBRARY (INCLUDES BMS CORNER), ANTI-EXPOSURE SUITS, & 2025 CMA SHIPPING CONFERENCE | $20,000 |
| PROPELLER CLUB PORT OF BOSTON BOSTON, MA | SUPPORT PROMOTION OF RELATIONSHIPS AND TOWARDS SCHOLARSHIPS AT MARITIME DAY AND USCG NIGHT | $7,500 |
| SEAFARER'S FRIEND CHELSEA, MA | OFFSET COST OF TWO BOSTON BASED VEHICLES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAPTAIN PETER J LAWRENCE | TRUSTEE | 2 | — |
| CAPTAIN STEFAN J PALMER | TRUSTEE | 2 | — |
| CAPTAIN BRUCE F PORTER | TRUSTEE | 2 | — |
| CAPTAIN ANDREW TRIANDAFILOU | TRUSTEE | 2 | — |
| CAPTAIN MICHAEL R BURNS JR | SECRETARY | 2 | — |
| CAPTAIN ROBERT A KOLOFSKY | TRUSTEE EMERITUS | 2 | — |
| CAPTAIN JAY C BURGESS | TRUSTEE | 2 | — |
| CAPTAIN CHARLES G GIFFORD | TRUSTEE | 2 | — |
| CAPTAIN JEFFREY J HAVLICEK | TRUSTEE | 2 | — |
| CAPTAIN A ROSS POPE | TRUSTEE EMERITUS | 2 | — |
| CAPTAIN CARL A POTTEY | TRUSTEE | 2 | — |
| CAPTAIN DAVID L HAGNER | TRUSTEE | 2 | — |
| CAPTAIN JOHN N HEALEY | TRUSTEE | 2 | — |
| CAPTAIN RICHARD R CUNIO | VICE PRESIDENT | 2 | — |
| CAPTAIN MARTIN E CONROY JR | TREASURER | 2 | — |
| CAPTAIN JOHN F MULDERIG | PRESIDENT | 2 | — |
| MARTHA R BAGLEY ESQ | ASSISTANT SECRETARY/TREASU | 2 | — |
| LISA V WALSH | EXECUTIVE DIRECTOR | 40 | $146,544 |
Frequently Asked Questions
How large is Boston Marine Society?
As of 2024, Boston Marine Society holds $27.3M in total assets with $1.6M in annual revenue. It awarded 4 grants totaling $58K in 2024.
Where does Boston Marine Society operate?
Boston Marine Society has awarded grants in Massachusetts, Maine.
What size grants does Boston Marine Society award?
In 2024, Boston Marine Society awarded 4 grants totaling $58K — an average of about $14K per grant, based on its IRS Form 990 filings.
What is Boston Marine Society's EIN?
Boston Marine Society's EIN (Employer Identification Number) is 04-2139204. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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