Massachusetts Maritime Academy Foundation Inc logo

Massachusetts Maritime Academy Foundation Inc

Public charity · Grantmaker Buzzards Bay, MA EIN: 23-7025807 Website

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

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Buzzards Bay

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M0 grants2020 0 grants2021 0 grants2022 1 grant2023 1 grant2024 1 grant2025

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

Massachusetts Maritime Academy: $2.3MMassachusetts Maritime Academy$2.3M

The largest 2025 recipient was Massachusetts Maritime Academy ($2.3M).

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M1$1–5M1$5M+

The most common grant size was in the $250–500K range: 1 grant of 3 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Massachusetts Maritime Academy Buzzards Bay, MAAcademy Support$2,332,595

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990 for fiscal year 2023 (received by the IRS February 5, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS March 4, 2025)
  3. Updated Form 990 for fiscal year 2025 (received by the IRS January 30, 2026)
  4. 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.

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