The Marine Society of the
The Marine Society of the is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 17 grants totaling $111K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+6.8% YoY
Annual Giving
$111K
+21.3% YoY
Grant Count
17
+112.5% YoY
Avg Grant Size
$7K
-42.9% YoY
Under IRS private-foundation payout rules, The Marine Society of the reported a distributable amount of $142K for 2024 — the minimum it must pay out in qualifying distributions.
About The Marine Society of the
Based on IRS filings
The Marine Society of the is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 17 grants totaling $111K. Net investment income was $24K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,118,926 | $1,983,923 | $2,063,530 |
| Revenue | $294,499 | $238,855 | $317,277 |
| Expenses | $330,682 | $289,020 | $282,981 |
| Qualifying Distributions | $197,094 | $177,772 | $175,470 |
| Net Investment Income | $23,674 | $28,538 | $28,507 |
| Distributable Amount | $141,512 | $125,152 | $124,756 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Suny Maritime College ($50,000), Organization of Black ($10,103), Us Merchant Marine Academy ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SUNY MARITIME COLLEGE BRONX, NY | SCHOLARSHIP FUND | $50,000 |
| US MERCHANT MARINE ACADEMY KINGS POINT, NY | SCHOLARSHIP | $10,000 |
| ORGANIZATION OF BLACK ALLENTOWN, NJ | GENERAL DONATION | $10,103 |
| VMS FOUNDATION NEW YORK, NY | GENERAL DONATION | $10,000 |
| SEA DART II INC HOBOKEN, NJ | FUNDING FOR SEA DART II | $5,000 |
| BILLION OYSTER PROJECT NEW YORK, NY | EDUCATION GRANT | $10,000 |
| SUNY MARITIME COLLEGE BRONX, NY | MONOMOY RACE PARTICIPANT | $500 |
| SEAFARERS INTERNATIONAL HOUSE NEW YORK, NY | GENERAL DONATION | $1,000 |
| SS JOHN BROWN BALTIMORE, MD | GENERAL DONATION | $5,000 |
| THE NOBLE MARITIME COLLECTION STATEN ISLAND, NY | GENERAL DONATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY J FERRIE | PRESIDENT | 1 | — |
| STEVE BENDO | VICE PRESIDE | 1 | — |
| JAMES J MCNAMARA | VICE PRESIDE | 1 | — |
| ROBERT A FAY | TREASURER | 1 | — |
| CYNTHIA L ROBSON | SECRETARY | 1 | — |
| KURT PLANKL | ATTORNEY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Marine Society of the?
The Marine Society of the is a private foundation focused on Education, based in NEW YORK, NY. It holds $2.1M in total assets as of 2024.
How large is The Marine Society of the?
As of 2024, The Marine Society of the holds $2.1M in total assets with $294K in annual revenue. It awarded 17 grants totaling $111K in 2024.
Where does The Marine Society of the operate?
The Marine Society of the has awarded grants in Connecticut, Massachusetts, Maryland, Maine, New Jersey, New York.
What size grants does The Marine Society of the award?
In 2024, The Marine Society of the awarded 17 grants totaling $111K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Marine Society of the required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Marine Society of the reported a distributable amount of $142K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Marine Society of the's EIN?
The Marine Society of the's EIN (Employer Identification Number) is 13-5643623. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Marine Society of the's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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