Friends of World Maritime University Inc
Friends of World Maritime University Inc is a private foundation, based in Woodbridge, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $10K in total assets. In 2025, it made $1K in qualifying distributions.
Friends of World Maritime University Inc at a glance
- Total assets
- $10,032
- -1.3% vs 2024
- Revenue (2025)
- $1,100
- Qualifying distributions (2025)
- $1,228
- +12.2% vs 2024
- Expenses (2025)
- $1,228
- +12.2% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Friends of World Maritime University Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
How Friends of World Maritime University Inc gives
- Giving fell 70% from 2020 to 2023. Method
- In 2025 it paid out 255% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $15K (2023) to $50K (2020). In 2023 it made 1 grant totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| World Maritime University | Support of WMU Educational Program | $15,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $10,032 | $1,100 | $1,228 | — | — | $1,228 | $482 |
| 2024 | $10,160 | — | $1,094 | — | — | $1,094 | $531 |
| 2023 | $11,254 | $8,500 | $16,379 | $15,000 | 1 | $16,379 | $773 |
| 2022 | $19,133 | $8,750 | $1,005 | — | — | $1,005 | $943 |
| 2021 | $11,388 | $8,784 | $1,148 | — | — | $1,148 | $561 |
| 2020 | $3,752 | $27,055 | $50,912 | $50,000 | 1 | — | $2,125 |
Under IRS private-foundation payout rules, Friends of World Maritime University Inc reported a distributable amount of $482 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Friends of World Maritime University Inc is led by Caryn Hederman, President on every filing since 2020; none of the 24 officers listed in 2025 report compensation.
Officers on the 2025 filing
Caryn Hederman
President
On filings since 2020
No compensation reported
Jeffrey Lantz
Chairman
On filings since 2020
No compensation reported
Bruce Carlton
Director
On filings since 2020
No compensation reported
Charles G. Raymond
Director
On filings since 2020
No compensation reported
Charles R. Cushing
Director
On filings since 2020
No compensation reported
David M. Kennedy
Director
On filings since 2020
No compensation reported
Joe Cox
Director
On filings since 2020
No compensation reported
Kathy Metcalf
Director
On filings since 2020
No compensation reported
Kevin G. Woelflein
Director
Treasurer → Director, 2023
On filings since 2020
No compensation reported
Robin Rorick
Director
On filings since 2020
No compensation reported
Suzanne Lemieux
Director
On filings since 2020
No compensation reported
Carleen Lyden Walker
Director
On filings since 2021
No compensation reported
Myron Nordquist
Director
On filings since 2021
No compensation reported
Michael Alfultis
Director
On filings since 2023
No compensation reported
James McNamara
Director
On filings since 2024
No compensation reported
Bethann Rooney
Director
New on the 2025 filing
No compensation reported
G. Mark Miller
Director
New on the 2025 filing
No compensation reported
Joel Whitehead
Director
New on the 2025 filing
No compensation reported
Lawson W. Bringham
Director
New on the 2025 filing
No compensation reported
Robert Fay
Director
New on the 2025 filing
No compensation reported
Sal Mercogliano
Director
New on the 2025 filing
No compensation reported
Brian Salerno
Vice President
On filings since 2020
No compensation reported
Daniel F. Sheehan
Treasurer
Secretary → Secretary & Treasurer, 2023
Secretary & Treasurer → Treasurer, 2024
On filings since 2020
No compensation reported
Jim Watson
Secretary
Director → Secretary, 2024
On filings since 2020
No compensation reported
Former officers (2)
- Former: Clay Maitland (2020–2023) — Director
- Former: Gerald Malia (2020–2023) — Director
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 World Maritime University Inc
How large is Friends of World Maritime University Inc?
Friends of World Maritime University Inc reported $10K in total assets on its 2025 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $482 (roughly 5% of its investment assets).
What is Friends of World Maritime University Inc's EIN?
Friends of World Maritime University Inc's EIN (Employer Identification Number) is 52-1320023. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 10, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Friends of World Maritime University Inc's focus areas in our free grants database
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