Seal-NSW Family Foundation
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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 largest 2025 recipient was The Steps Foundation ($120K). Together the top 4 received $300K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $50–100K range: 6 grants of 15 (40%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Steps Foundation San Diego, CA | Program Support | $120,000 |
| Sealkids Inc Mooresville, NC | Program Support | $100,000 |
| Military Family Building Coalition Washington DC, DC | Program Support | $50,000 |
| The Station Foundation Bozeman, MT | Program Support | $30,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 17, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 21, 2025)
- 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
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.
Here's the math on researching Seal-NSW Family Foundation by hand.
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