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 2024. As of 2024, the organization holds $10K in total assets. In 2024, it made $1K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-9.7% YoY
Revenue
—
-100.0% YoY
Qualifying Distributions
$1K
-93.3% YoY
Expenses
$1K
-93.3% YoY
Under IRS private-foundation payout rules, Friends of World Maritime University Inc reported a distributable amount of $531 for 2024 — the minimum it must pay out in qualifying distributions.
About Friends of World Maritime University Inc
Based on IRS filings
Friends of World Maritime University Inc is a private foundation, based in WOODBRIDGE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it made $1K in qualifying distributions.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,160 | $11,254 | $19,133 |
| Revenue | — | $8,500 | $8,750 |
| Expenses | $1,094 | $16,379 | $1,005 |
| Qualifying Distributions | $1,094 | $16,379 | $1,005 |
| Net Investment Income | — | — | — |
| Distributable Amount | $531 | $773 | $943 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL ALFULTIS | DIRECTOR | — | — |
| KEVIN G WOELFLEIN | DIRECTOR | — | — |
| JIM WATSON | SECRETARY | — | — |
| JAMES MCNAMARA | DIRECTOR | — | — |
| JEFFREY LANTZ | CHAIRMAN | — | — |
| CARYN HEDERMAN | PRESIDENT | — | — |
| BRIAN SALERNO | VICE PRESIDENT | — | — |
| DANIEL F SHEEHAN | TREASURER | — | — |
| BRUCE CARLTON | DIRECTOR | — | — |
| JOE COX | DIRECTOR | — | — |
| CHARLES R CUSHING | DIRECTOR | — | — |
| DAVID M KENNEDY | DIRECTOR | — | — |
| SUZANNE LEMIEUX | DIRECTOR | — | — |
| KATHY METCALF | DIRECTOR | — | — |
| MYRON NORDQUIST | DIRECTOR | — | — |
| CHARLES G RAYMOND | DIRECTOR | — | — |
| ROBIN RORICK | DIRECTOR | — | — |
| CARLEEN LYDEN WALKER | DIRECTOR | — | — |
Frequently Asked Questions
How large is Friends of World Maritime University Inc?
As of 2024, Friends of World Maritime University Inc holds $10K in total assets.
How much is Friends of World Maritime University Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Friends of World Maritime University Inc reported a distributable amount of $531 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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