Us Naval Academy Foundation Inc logo

Us Naval Academy Foundation Inc

ANNAPOLIS, MD EIN: 23-7003516 Website

SEE SCHEDULE O.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$369.1M

+12.7% YoY

Annual Giving

$31.5M

-4.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$15.8M

-4.0% YoY

About Us Naval Academy Foundation Inc

Based on IRS filings

Us Naval Academy Foundation Inc is a nonprofit organization focused on Education, based in ANNAPOLIS, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $369.1M in total assets. In 2024, it awarded 2 grants totaling $31.5M. Net investment income was $10.4M.

Focus Areas

Ready to take the next step with Us Naval Academy Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Annapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18M$37M$55M$74M20202021202220232024
Metric202420232022
Total Assets$369,145,916$327,456,944$305,968,176
Revenue$60,735,637$42,720,596$47,603,619
Expenses$43,615,672$44,107,220$48,937,066
Qualifying Distributions
Net Investment Income$10,388,704$6,266,494$13,532,851
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$29M$39M2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

US NAVAL ACADEMY$28.3MUS NAVAL ACADEMY ALUMNI …$3.3M

Grant Size Distribution

10 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M3$1–5M6$5M+

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

WILLIAM O'CONNORSEC/EVP DEV (SEE SCH J)$383KJEFFREY R WEBBPRESIDENT/CEO (SEE SCH J)$337KDONALD HUGHESVP ATHLETIC & SCHOLARSHIP PR…$222KMIKE HOFFMANVP, REGIONAL DEV (SEE SCH J)$176KROBERT W GASTEVP & CFO/TREAS (THRU 5/10/2…$161KADRIANNA BITOUNED, STAR TEAM (SEE SCH J)$138KNATALIE BRIANASED, DONOR ENG & STRAT PTNR (…$133KASHLEY J BAUERMANAGING REGIONAL DIR, DEVEL…$129KLISA STROBELEXEC DIRECTOR OF FINANCE (SE…$109KJOY JONESED, HUMAN RESOURCES (SEE SCH…$85KTIMOTHY SMITHDR, FINANCIAL REPORTING (SEE…$85KGARRETT KEATINGDIRECTOR, IT (SEE SCH J)$83KJORDAN BAILEYSR AD, ENTERPRISE NETWORK & …$72K

From 2024 filing

NameTitleHoursCompensation
JEFFREY R WEBBPRESIDENT/CEO (SEE SCH J)36$337,238
AMB RICHARD L ARMITAGEDIRECTOR2
DR LYNNE ATKINSONDIRECTOR2
MR WILLIAM A BASTIAN IIDIRECTOR2
MR JAMES BELLDIRECTOR2
MAJGEN CHARLES F BOLDEN JR USMC RDIRECTOR2
MR CHARLES H CANNON JRDIRECTOR2
MR HARRY COKER JRDIRECTOR2
MR JOHN F CROWLEYDIRECTOR2
RADM AB CRUZ IIIDIRECTOR2
MR WILLIAM DAVISDIRECTOR2
MR DAVID P DAWSONDIRECTOR2
MR GEORGE DENNISDIRECTOR2
CDR JOHN M DILLON USNR RETDIRECTOR2
ADM JAMES O ELLIS JR USN RETDIRECTOR2
ADM MARK E FERGUSON III USN RETDIRECTOR2
MR ALFRED E FESTADIRECTOR2
MR MATTHEW R GIBSONDIRECTOR2
ADM CECIL D HANEY USN RETDIRECTOR2
MR MICHAEL HEMOCOVICHDIRECTOR2
VADM MARY JACKSONDIRECTOR2
MR RICHARD L KEYSERDIRECTOR (THRU 10/26/23)2
MR THOMAS C KNUDSONDIRECTOR2
MR TIG H KREKELDIRECTOR2
MS GREER O LAUTRUPDIRECTOR2
MRS MARY LOOKERDIRECTOR2
MR JERROLD L MILLERDIRECTOR2
MR CHARLEY MOOREDIRECTOR2
ADM WILLIAM F MORAN USN RETDIRECTOR2
ADM MICHAEL G MULLEN USN RETDIRECTOR2
ADM ROBERT J NATTER USN RETDIRECTOR2
LCDR RONALD L NICOL USNRDIRECTOR2
MR C MICHAEL PETTERSDIRECTOR2
MR ROBERT V PRAGADADIRECTOR2
MR PAUL B PRAGERDIRECTOR2
MR DAVID B RICHDIRECTOR2
VADM JOHN R RYAN USN RETDIRECTOR2
MR JOHN SEMCKENDIRECTOR2
MR KEVIN W SHARERDIRECTOR2
MS JOANNA SOHOVICHDIRECTOR2
MR PATRICK SULLIVANDIRECTOR2
MR TIMOTHY P SULLIVANDIRECTOR2
MR MICHAEL W TAYLORDIRECTOR2
MR J RONALD TERWILLIGERDIRECTOR2
RADM CYNTHIA M THEBAUD USN RETDIRECTOR2
VADM JAN TIGHE USNDIRECTOR2
MS MARY KAY WEGNERDIRECTOR2
MR SCOTT W WINEDIRECTOR2
MR J MICHAEL YEAGERDIRECTOR2
MR JOHN F YOUNGDIRECTOR2
ROBERT W GASTEVP & CFO/TREAS (THRU 5/10/24) (SEE SCH J)33$161,163
WILLIAM O'CONNORSEC/EVP DEV (SEE SCH J)50$382,539
LISA STROBELEXEC DIRECTOR OF FINANCE (SEE SCH J)27.5$109,217
DONALD HUGHESVP ATHLETIC & SCHOLARSHIP PR (SEE SCH J)50$222,194
MIKE HOFFMANVP, REGIONAL DEV (SEE SCH J)50$175,911
GARRETT KEATINGDIRECTOR, IT (SEE SCH J)27.5$82,950
JOY JONESED, HUMAN RESOURCES (SEE SCH J)27.5$85,474
TIMOTHY SMITHDR, FINANCIAL REPORTING (SEE SCH J)27.5$85,043
NATALIE BRIANASED, DONOR ENG & STRAT PTNR (SEE SCH J)50$133,088
ADRIANNA BITOUNED, STAR TEAM (SEE SCH J)50$137,569
JORDAN BAILEYSR AD, ENTERPRISE NETWORK & SECURITY27.5$72,180
ASHLEY J BAUERMANAGING REGIONAL DIR, DEVELOPMENT50$129,082

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Us Naval Academy Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities