To provide scholorships and contributions in support of Massachusetts maritime academy.
Key facts about Massachusetts Maritime Academy Foundation Inc
In short: Massachusetts Maritime Academy Foundation Inc gave $2.3M across 1 grant in 2025 (avg $2.3M), mostly in Massachusetts. Source: 2025 IRS Form 990.
- EIN
- 23-7025807
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $2,332,595
- Grants made (2025)
- 1
- Average grant
- $2,332,595
- Median grant
- $2,332,595
- Total assets
- $77,850,041
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$77.9M
+9.6% YoY
Annual Giving
$2.3M
-55.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.3M
-55.5% YoY
About Massachusetts Maritime Academy Foundation Inc
Based on IRS filings
Massachusetts Maritime Academy Foundation Inc is a public charity focused on Education, based in Buzzards Bay, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $77.9M in total assets. In 2025, it awarded 1 grant totaling $2.3M. Net investment income was $6.1M.
Focus Areas
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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 Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $381K (2023) to $5.2M (2024). In 2025 it made 1 grant totaling $2.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Massachusetts Maritime Academy ($2.3M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 3 (33%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts Maritime Academy Buzzards Bay, MA | Academy Support | $2,332,595 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $77,850,041 | $71,033,076 | $56,074,263 |
| Revenue | $11,300,957 | $14,533,512 | $12,570,673 |
| Expenses | $4,247,201 | $6,639,486 | $1,718,023 |
| Net Investment Income | $6,123,364 | $1,245,913 | $1,141,477 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS February 5, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 4, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS January 30, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Massachusetts Maritime Academy Foundation Inc is led by Brendan P. O'Connor, Chair on every filing since 2020; none of the 25 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brendan P. O'Connor
Chair
On filings since 2020
1 hr/week
No compensation reported
Alan McKim
Board Member
On filings since 2020
1 hr/week
No compensation reported
David S. Smith
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Dennis Houston
Board Member
On filings since 2020
1 hr/week
No compensation reported
Geoffrey C. Wilkinson
Board Member
On filings since 2020
1 hr/week
No compensation reported
Gerhard E. Kurz
Board Member
On filings since 2020
1 hr/week
No compensation reported
James R. Sanislow
Secretary
On filings since 2020
1 hr/week
No compensation reported
John J. Gallagher
Board Member
On filings since 2020
1 hr/week
No compensation reported
Louis M. Ricciardi
Board Member
On filings since 2020
1 hr/week
No compensation reported
Michael D. Tusiani
Board Member
On filings since 2020
1 hr/week
No compensation reported
Robert L. Delhome
Board Member
On filings since 2020
1 hr/week
No compensation reported
William L. Walker
Vice Chair
On filings since 2020
1 hr/week
No compensation reported
Bruce S. Rosenblatt
Board Member
On filings since 2021
1 hr/week
No compensation reported
Elizabeth B. Simmons
Vice President of External Affairs
Ex-Officio → Vice President of External Affairs, 2023
On filings since 2022
1 hr/week
No compensation reported
David F. Mik
Board Member
On filings since 2023
1 hr/week
No compensation reported
Capt Brian J. Fournier
Board Member
On filings since 2024
1 hr/week
No compensation reported
Jeffrey F. Hamel
Board Member
On filings since 2024
1 hr/week
No compensation reported
Jonathan D. Poor
Board Member
On filings since 2024
1 hr/week
No compensation reported
Brian F. Tobin
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Capt Martin E. Conroy Jr.
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Capt Peter J. Lawrence
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Capt William C. Kelley Jr.
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
J. Paul Saccone
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
John F. Isberg
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Pennie Hare
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (21)
- Former: Paul Saccone Jr. (2020–2024) — Board Member
- Former: penelope hare (2020–2024) — Board Member
- Former: peter lawrence (2020–2024) — Board Member
- Former: richard lyall (2020–2024) — Board Member
- Former: william dicroce (2020–2024) — Board Member
- Former: william kelley Jr. (2020–2024) — Board Member
- Former: Timothy Griffin (2021–2024) — Board Member
- Former: capt martin econroy (2024) — Board Member
- Former: walter j czernyjr (2024) — Board Member
- Former: Brian Fournier (2020–2023) — Board Member
- Former: Martin Conroy (2020–2023) — Board Member
- Former: Walter Czerny (2020–2023) — Board Member
- Former: William Gardner (2020–2023) — Board Member
- Former: Daniel McAuliffe (2022) — Ex-Officio
- Former: Francis X. McDonald (2022) — Ex-Officio
- Former: Jessica Waters (2022) — Ex-Officio
- Former: Lauren Delmolina (2022) — Ex-Officio
- Former: Peter J. Seward (2022) — Ex-Officio
- Former: Albert Schofield Jr. (2020–2021) — Board Member Emeritus
- Former: Brenda Cross-Sanchez (2020–2021) — Board Member
- Former: Robert Coyne (2020–2021) — Board Member Emeritus
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 Massachusetts Maritime Academy Foundation Inc
How much does Massachusetts Maritime Academy Foundation Inc give each year?
Massachusetts Maritime Academy Foundation Inc gave $2.3M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $5.2M across 1 grant.
How large is Massachusetts Maritime Academy Foundation Inc?
Massachusetts Maritime Academy Foundation Inc reported $77.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $11.3M.
What is Massachusetts Maritime Academy Foundation Inc?
Massachusetts Maritime Academy Foundation Inc is a public charity focused on Education, based in Buzzards Bay, MA. It holds $77.9M in total assets as of 2025.
Where does Massachusetts Maritime Academy Foundation Inc operate?
Massachusetts Maritime Academy Foundation Inc has awarded grants in Massachusetts.
What is Massachusetts Maritime Academy Foundation Inc's EIN?
Massachusetts Maritime Academy Foundation Inc's EIN (Employer Identification Number) is 23-7025807. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Massachusetts Maritime Academy Foundation Inc by hand.
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