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.
Boston Marine Society at a glance
In short: Boston Marine Society gave $58K across 4 grants in 2024 (avg $14K), mostly in Massachusetts. Source: 2024 IRS Form 990 filing.
- Annual giving (2024)
- $57,500
- +15.0% vs 2023
- Grants made (2024)
- 4
- +33.3% vs 2023
- Average grant
- $14,375
- -13.8% vs 2023
- Median grant
- $15,000
- Total assets
- $27,336,320
- +12.0% vs 2023
- Primary geography
- Massachusetts (65% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990 filing, 2024 View filing
Data from IRS Form 990 filing, 2024; updated September 2026.
Who Boston Marine Society funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Massachusetts Maritime Academy ($20K). Together the top 4 received $58K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 29 grants of 29 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
How Boston Marine Society gives
- Giving fell 23% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $50K (2023) to $78K (2020). In 2024 it made 4 grants totaling $58K.
Grants by year
Grant recipients and amounts by year
| 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 |
| Seafarer's Friend Chelsea, MA | Offset Cost of Two Boston Based Vehicles | $10,000 |
| Propeller Club Port of Boston Boston, MA | Support promotion of relationships and towards scholarships at maritime day and uscg night | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $27,336,320 | $1,553,810 | $992,726 | $57,500 | 4 | $1,400,501 |
| 2023 | $24,409,964 | $630,699 | $904,538 | $50,000 | 3 | $598,484 |
| 2022 | $22,733,633 | $913,011 | $789,699 | $63,000 | 5 | $867,961 |
| 2021 | $26,162,605 | $1,915,331 | $731,843 | $75,000 | 8 | $1,847,434 |
| 2020 | $24,081,356 | $616,398 | $720,754 | $77,500 | 9 | $563,155 |
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.
Leadership & Key People
Officers and directors from IRS filings
Boston Marine Society is led by Lisa V. Walsh, Executive Director on every filing since 2020; 1 of 18 officers listed in 2024 is compensated.
Officers on the 2024 filing
Lisa V. Walsh
Executive Director
On filings since 2020
40 hrs/week
$108K (2020) → $147K (2024)
Captain John F. Mulderig
President
Vice President → President, 2023
On filings since 2020
2 hrs/week
No compensation reported
Captain Andrew Triandafilou
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Captain Bruce F. Porter
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Captain Carl A. Pottey
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Captain Charles G. Gifford
Trustee
President → Trustee, 2023
On filings since 2020
2 hrs/week
No compensation reported
Captain David L. Hagner
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Captain Jay C. Burgess
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Captain Jeffrey J. Havlicek
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Captain Peter J. Lawrence
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Captain Stefan J. Palmer
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Captain John N. Healey
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Captain A. Ross Pope
Trustee Emeritus
Trustee → Trustee Emeritus, 2021
On filings since 2020
2 hrs/week
No compensation reported
Captain Martin E. Conroy Jr.
Treasurer
Secretary → Treasurer, 2023
On filings since 2020
2 hrs/week
No compensation reported
Captain Michael R. Burns Jr.
Secretary
Trustee → Secretary, 2023
On filings since 2020
2 hrs/week
No compensation reported
Captain Richard R. Cunio
Vice President
Treasurer → Vice President, 2023
On filings since 2020
2 hrs/week
No compensation reported
Captain Robert A. Kolofsky
Trustee Emeritus
On filings since 2020
2 hrs/week
No compensation reported
Martha R. Bagley Esq.
Assistant Secretary & Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $147K, to Lisa V Walsh (Executive Director).
Frequently asked questions about Boston Marine Society
How much does Boston Marine Society give each year?
Boston Marine Society gave $58K across 4 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $50K across 3 grants.
What is Boston Marine Society's typical grant size?
Boston Marine Society's median grant in 2024 was $15,000, and its average grant was $14,375, across 4 grants on its 2024 IRS Form 990 filing.
Where does Boston Marine Society give grants?
Boston Marine Society gives mostly in Massachusetts: 65% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The next largest state was Maine (35%).
Does Boston Marine Society give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Boston Marine Society's 2024 IRS Form 990 filing were described as general or operating support.
How large is Boston Marine Society?
Boston Marine Society reported $27.3M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $1.6M.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Boston Marine Society's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Boston Marine Society funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/boston-marine-society-morg_38598b47eed3488692a6b1a366094b0d
BibTeX
@misc{grantable_042139204_2026,
author = {{Grantable}},
title = {{Boston Marine Society funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/boston-marine-society-morg_38598b47eed3488692a6b1a366094b0d},
note = {Accessed 2026-10-06. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Boston Marine Society's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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