Friends of Naval Academy Music Inc
Friends of Naval Academy Music, inc (FONAM) is a 501 (c) 3 non-profit organization established to provide private financial support for naval academy musical activities. Our initial goal is to raise $10 million in operating funds which would guarantee the sustainability of the music program at usna for years to come. FONAM funds are 100% allocated towards musical activities, with no restrictions in times of defense budgetary cuts or sequestration, making them more vital now than ever. Funds raised are allocated among building strategic and emergency reserves and immediate program funding.
Friends of Naval Academy Music Inc at a glance
In short: Friends of Naval Academy Music Inc gave $60K across 1 grant in 2025 (avg $60K), mostly in Maryland. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $60,378
- +9.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $60,378
- +9.0% vs 2024
- Median grant
- $60,378
- Total assets
- $889,938
- +21.9% vs 2024
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Friends of Naval Academy Music Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was United States Naval Academy ($60K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $50–100K range: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $55K (2024) to $62K (2023). In 2025 it made 1 grant totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United States Naval Academy Annapolis, MD | To Support the Music Department | $60,378 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $889,938 | $184,324 | $81,031 | $60,378 | 1 | $35,951 |
| 2024 | $730,291 | $232,627 | $79,088 | $55,395 | 1 | $108,116 |
| 2023 | $639,493 | $217,246 | $85,923 | $62,200 | 1 | $40,745 |
| 2022 | $470,090 | $167,307 | $79,666 | — | — | — |
| 2021 | $468,405 | $106,918 | $22,992 | — | — | — |
| 2020 | $358,255 | $105,696 | $73,883 | — | — | — |
About Friends of Naval Academy Music Inc
Based on IRS filings
Friends of Naval Academy Music Inc is a public charity focused on Arts, Culture & Humanities, based in Crofton, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $890K in total assets. In 2025, it awarded 1 grant totaling $60K. Net investment income was $36K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Friends of Naval Academy Music Inc is led by Paul Wood, President since 2024 (on filings since 2022); none of the 16 officers listed in 2025 report compensation.
Officers on the 2025 filing
Paul Wood
President
Vice President → President, 2024
On filings since 2022
1 hr/week
No compensation reported
April McBride
Director
Board Member → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Chad Redmer
Director
Board Member → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Chris Jensen
Director
Board Member → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Chris O'Keefe
Director
Board Member → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
John Barry Talley
Director of Investments
On filings since 2020
1 hr/week
No compensation reported
Kate Kranz Jordan
Director
Board Member → Director, 2023
On filings since 2021
1 hr/week
No compensation reported
Alice Ann Calhoun
Director
Board Member → Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Brian Fontaine-Isaac
Director
On filings since 2023
1 hr/week
No compensation reported
David Edgerton
Director
On filings since 2023
1 hr/week
No compensation reported
Paul Weitlisbach
Director
On filings since 2023
1 hr/week
No compensation reported
Nate Shenck
Past President & Director
On filings since 2024
1 hr/week
No compensation reported
Sarah Glass
Director
New on the 2025 filing
1 hr/week
No compensation reported
Tabitha Strobel
Vice President
Board Member → Director, 2023
Director → Vice President, 2024
On filings since 2022
1 hr/week
No compensation reported
Amy Smith
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Carol Kepler
Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (8)
- Former: Nathan Shenck (2021–2023) — President
- Former: Adam Saperstein (2020–2022) — Board Member
- Former: Donald Nelson (2020–2022) — Past President & Board M
- Former: Amy Donegan (2020–2021) — Board Member
- Former: David Hogen (2020–2021) — Board Member
- Former: Scott McKee (2020–2021) — Board Member
- Former: Giles Kyser IV (2020) — Board Member
- Former: Marjorie Rawhouser (2020) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Friends of Naval Academy Music Inc
How much does Friends of Naval Academy Music Inc give each year?
Friends of Naval Academy Music Inc gave $60K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $55K across 1 grant.
How large is Friends of Naval Academy Music Inc?
Friends of Naval Academy Music Inc reported $890K in total assets on its 2025 IRS Form 990. Its revenue that year was $184K.
What is Friends of Naval Academy Music Inc?
Friends of Naval Academy Music Inc is a public charity focused on Arts, Culture & Humanities, based in Crofton, MD. It holds $890K in total assets as of 2025.
Where does Friends of Naval Academy Music Inc operate?
Friends of Naval Academy Music Inc has awarded grants in Maryland.
What is Friends of Naval Academy Music Inc's EIN?
Friends of Naval Academy Music Inc's EIN (Employer Identification Number) is 46-1084699. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-EZ for fiscal year 2020 (received by the IRS September 22, 2021)
- Updated Form 990-EZ for fiscal year 2021 (received by the IRS October 31, 2022)
- Updated Form 990-EZ for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 3, 2026)
- IRS filings on file for fiscal years 2020–2024
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