TO SUPPORT THE UNITED STATES MERCHANT MARINE ACADEMY AND OTHER 501(C)(3) ORGANIZATIONS AND CONDUCT MARITIME EDUCATION AND TRAINING.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$38.6M
-7.4% YoY
Revenue
$13.9M
-22.5% YoY
Net Investment Income
$-4,041,312
+366.5% YoY
Expenses
$17.3M
-3.3% YoY
About The Usmma Sailing Foundation Inc
Based on IRS filings
The Usmma Sailing Foundation Inc is a nonprofit organization focused on Education, based in SPRING HILL, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $38.6M in total assets.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $38,587,035 | $41,682,319 | $41,405,905 |
| Revenue | $13,938,804 | $17,989,915 | $23,174,349 |
| Expenses | $17,290,131 | $17,879,302 | $14,502,572 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-4,041,312 | $-866,250 | $-3,132,676 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFERY G NEUBERTH | CHAIRMAN | 3 | — |
| PAUL STRAUCH | TRUSTEE | 3 | — |
| BRIAN GIORGIO | TRUSTEE | 3 | — |
| CHRISTOPHER J GASIOREK | TRUSTEE | 3 | — |
| RALF STEITZ | PRESIDENT | 40 | $131,998 |
| LARRY A LARSEN | SECRETARY/TREASURER | 40 | $140,400 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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