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United States Naval Institute

Public charity · Grantmaker Annapolis, MD EIN: 52-0643040 Website

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

United States Naval Institute at a glance

In short: United States Naval Institute reported $3K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.

Grants paid (2024)
$3,250 — reported as a total on the IRS filing, without an itemized list
-90.7% vs 2023
Total assets
$7,770,195
+11.2% vs 2023
Revenue (2024)
$10,963,609
+20.9% vs 2023
Net investment income (2024)
$40,287
-50.1% vs 2023
Expenses (2024)
$10,714,748
+1.4% vs 2023
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who United States Naval Institute funds

How this funder distributes its grants

Grant Size Distribution

2 grants across all recorded years

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

The most common grant size was under $50K: 1 grant of 2 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Annapolis

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800KTotal only2020 Total only2021 1 grant2022 1 grant2023 Total only2024

From 2020 to 2024, annual grant giving ranged from $500 (2020) to $692K (2022). In 2024 it reported $3K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Naval Institute Foundation Inc Annapolis, MDTo hold and use cash assets in accordance with restrictions contained in donation agreement between naval historical foundation and the us naval institute.$35,097
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$7,770,195$10,963,609$10,714,748$3,250Total only$40,287
2023$6,986,699$9,064,791$10,563,594$35,0971$80,662
2022$37,452,353$10,573,853$10,507,303$692,0001—
2021$39,807,452$21,773,020$8,902,248$500Total only—
2020$27,665,507$24,447,598$8,244,211$500Total only$18

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About United States Naval Institute

Based on IRS filings

United States Naval Institute is a public charity, based in Annapolis, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.8M in total assets. In 2024, it reported $3K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $40K.

Leadership & Key People

Officers and directors from IRS filings

United States Naval Institute is led by Radm Raymond Spicer Usn, CEO, Publisher & Director on every filing since 2023; 7 of 29 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Radm Raymond Spicer Usn

    CEO, Publisher & Director

    On filings since 2023

    30 hrs/week

    $89K (2023) → $362K (2024)

  • Robert O. Work

    Chair & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Harry Harris

    Chair & Director

    Director → Chair & Director, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Adam Kane

    Director & Naval Institute

    Director & Naval Institute Press → Director & Naval Institute, 2024

    On filings since 2022

    40 hrs/week

    $158K (2022) → $171K (2024)

  • Charles Bolden

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christine Fox

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jonathan W. Greenert

    Vice Chair & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mel Immergut

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael S. Rogers

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert S. Walsh

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Scott Swift

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thad W. Allen

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas Furlong

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Margaret D. Klein

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ellen Lord

    Vice Chair & Director

    Director → Vice Chair & Director, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • William Hannigan

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Calvin Cass Jr.

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Thomas E. Clarity

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • C. Michael Petters

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Charles A. Richard

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Devere Crooks

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Fred M. Midgette

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Lori E. Reynolds

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Russell L. Smith

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • April Parreco

    Executive Vice President Conferences & Events

    On filings since 2020

    40 hrs/week

    $149K (2020) → $195K (2024)

  • Douglas Wallen

    CFO & Treasurer

    CFO → CFO & Treasurer, 2024

    On filings since 2020

    32 hrs/week

    $150K (2020) → $214K (2024)

  • Heather Lancaster

    Executive Vice President Development

    On filings since 2020

    5 hrs/week

    $160K (2020) → $211K (2024)

  • William Hamblet

    Executive Vice President Periodic, Members & Mar

    Executive Vice President Period., Members. & Marketing → Executive Vice President Periodic, Members & Marketing, 2023

    Executive Vice President Periodic, Members & Marketing → Executive Vice President Periodic, Members & Mar, 2024

    On filings since 2020

    40 hrs/week

    $148K (2020) → $214K (2024)

  • Vadm Peter H. Daly Usn Ret

    Former CEO & Consultant

    Director, CEO & Publish → CEO, Publisher & Director, 2023

    CEO, Publisher & Director → Former CEO & Consultant, 2024

    On filings since 2022

    6 hrs/week

    $491K (2022) → $165K (2024)

Former officers (19)
  • Former: William Moran (2020–2023) — Director
  • Former: Kerri Massaro (2021–2023) — Controller
  • Former: Michelle Foster (2022–2023) — Director
  • Former: Troy Thompson Jr. (2022–2023) — Director
  • Former: James A. Winnefeld (2020–2022) — Director
  • Former: Abdulsalam Kako (2021–2022) — Director
  • Former: Mary Ripley (2022) — Chief Technology Officer
  • Former: Brendan Stickles (2020–2021) — Director
  • Former: Guy Snodgrass (2020–2021) — Director
  • Former: James Barksdale (2020–2021) — Director
  • Former: Kathleen Hicks (2020–2021) — Director
  • Former: Peter H. Daly (2020–2021) — Director, CEO & Publisher
  • Former: William Bray (2020–2021) — Deputy Director of Period.
  • Former: Edward Carroll III (2020) — Director of Outreach & Marketing
  • Former: John Morton III (2020) — Director
  • Former: Margaret D. Klien (2020) — Director
  • Former: Philip M. Bilden (2020) — Director
  • Former: Richard W. Mies (2020) — Director
  • Former: Sally Brice-O'Hara (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Radm Raymond Spicer USN — CEO, Publisher, DIR: $362KRadm Raymond Spicer USNCEO, Publisher, DIR$362KWilliam Hamblet — EVP Periodic, Members, Mar: $214KWilliam HambletEVP Periodic, Members, Mar$214KDouglas Wallen — CFO, Treasurer: $214KDouglas WallenCFO, Treasurer$214KHeather Lancaster — EVP Development: $211KHeather LancasterEVP Development$211KApril Parreco — EVP Conferences & Events: $195KApril ParrecoEVP Conferences & Events$195KAdam Kane — Director, Naval Institute: $171KAdam KaneDirector, Naval Institute$171KVadm Peter H Daly USN Ret — Former CEO, Consultant: $165KVadm Peter H Daly USN…Former CEO, Consultant$165K

The highest reported compensation on the 2024 filing was $362K, to Radm Raymond Spicer USN (CEO, Publisher, DIR). 7 officers or directors reported compensation on that filing.

Frequently asked questions about United States Naval Institute

How much does United States Naval Institute give each year?

United States Naval Institute reported $3K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $35K across 1 grant.

How large is United States Naval Institute?

United States Naval Institute reported $7.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $11.0M.

Where does United States Naval Institute operate?

United States Naval Institute has awarded grants in Maryland.

What is United States Naval Institute's EIN?

United States Naval Institute's EIN (Employer Identification Number) is 52-0643040. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 14, 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 November 12, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in United States Naval Institute's focus areas in our free grants database

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Assets

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from United States Naval Institute's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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