Seal-NSW Family Foundation logo

Seal-NSW Family Foundation

Public charity · Grantmaker Carlsbad, CA EIN: 27-1963880 Website

To support individual and family readiness through an array of programs specifically targeted to assist the naval special warfare community in maintaining a resilient, sustainable, and healthy force in this era of persistent conflict and frequent deployments.

Key facts about Seal-NSW Family Foundation

In short: Seal-NSW Family Foundation gave $300K across 4 grants in 2025 (avg $75K), top state California. Source: 2025 IRS Form 990.

EIN
27-1963880
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$300,000
Grants made (2025)
4
Average grant
$75,000
Median grant
$75,000
Total assets
$2,060,406
Primary geography
California (40% 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

$2.1M

-7.5% YoY

Annual Giving

$300K

+200.0% YoY

Grant Count

4

+300.0% YoY

Avg Grant Size

$75K

-25.0% YoY

How Seal-NSW Family Foundation gives

  • Giving fell 37% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Seal-NSW Family Foundation

Based on IRS filings

Seal-NSW Family Foundation is a public charity focused on public and societal benefit, based in Carlsbad, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 4 grants totaling $300K. Net investment income was $47K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

MooresvilleBozemanVirginia BeachWashington DCNew YorkSan Diego

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K4 grants2020 4 grants2021 4 grants2022 2 grants2023 1 grant2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $100K (2024) to $480K (2022). In 2025 it made 4 grants totaling $300K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

The Steps Foundation: $120KThe Steps Foundation$120KSealkids Inc: $100KSealkids Inc$100KMilitary Family Building Coalition: $50KMilitary Family BuildingCoalition$50KThe Station Foundation: $30KThe Station Foundation$30K

The largest 2025 recipient was The Steps Foundation ($120K). Together the top 4 received $300K.

Grant Size Distribution

15 grants across all recorded years

3<$50K6$50–100K3$100–250K3$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 6 grants of 15 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Steps Foundation San Diego, CAProgram Support$120,000
Sealkids Inc Mooresville, NCProgram Support$100,000
Military Family Building Coalition Washington DC, DCProgram Support$50,000
The Station Foundation Bozeman, MTProgram Support$30,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,060,406$2,227,608$1,975,810
Revenue$2,409,350$2,487,386$1,915,789
Expenses$2,503,317$2,191,244$1,947,355
Net Investment Income$47,159$29,993$2,174

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS December 17, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 21, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS August 26, 2026)

Leadership & Key People

Officers and directors from IRS filings

Seal-NSW Family Foundation is led by Cindy Axelson, Executive Director on the 2025 filing; 1 of 16 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Cindy Axelson

    Executive Director

    New on the 2025 filing

    40 hrs/week

    $215K (2025)

  • Stephen Gilmore

    President & Chairman

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Alaine Bollinger

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brent Gleeson Former Navy Seal

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Capt Seal Charles Randy Morgan U.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Capt Seal Mike Argo Usn Ret

    Director

    Director → Vice Chairman, 2024

    Vice Chairman → Director, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeffrey Osher

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Galt

    Director

    Vice Chairman → Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Spina

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Merle Shepard

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mike Thornton

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Scott Carlson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Timothy Schnell

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jim Sweeney

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Craig Cassell

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Moninger

    Vice Chairman

    President & Chairman → Vice Chairman, 2025

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (6)
  • Former: Jeffry Rosser (2021–2024) — Director
  • Former: Duncan Smith (2022–2024) — Executive Director
  • Former: Craig Irving (2020–2021) — Chairman Emeritus
  • Former: Rodney Scully (2020–2021) — Director
  • Former: William R. Fenick Capt Usn (2020–2021) — Executive Director
  • Former: Richard Cenkus (2020) — 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.

Compensation Overview

From 2025 IRS filing

Cindy Axelson — Executive Director: $215KCindy AxelsonExecutive Director$215K

The highest reported compensation on the 2025 filing was $215K, to Cindy Axelson (Executive Director).

Frequently asked questions about Seal-NSW Family Foundation

How much does Seal-NSW Family Foundation give each year?

Seal-NSW Family Foundation gave $300K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $100K across 1 grant.

What is Seal-NSW Family Foundation's typical grant size?

Seal-NSW Family Foundation's median grant in 2025 was $75,000, and its average grant was $75,000, across 4 grants on its 2025 IRS Form 990.

Where does Seal-NSW Family Foundation give grants?

Seal-NSW Family Foundation's top state is California, with 40% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were North Carolina (33%) and District of Columbia (17%).

Does Seal-NSW Family Foundation give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Seal-NSW Family Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Support" (4 grants).

How large is Seal-NSW Family Foundation?

Seal-NSW Family Foundation reported $2.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.4M.

What is Seal-NSW Family Foundation?

Seal-NSW Family Foundation is a public charity focused on public and societal benefit, based in Carlsbad, CA. It holds $2.1M in total assets as of 2025.

What is Seal-NSW Family Foundation's EIN?

Seal-NSW Family Foundation's EIN (Employer Identification Number) is 27-1963880. 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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