GRANTS ARE PROVIDED TO SUPPORT PROGRAMS THAT FURTHER BOATING SKILLS AND MARINE SAFETY EDUCATION FOR THE GENERAL PUBLIC AND FOR 17,000 USPS MEMBERS NATIONWIDE.
Key facts about Usps Educational Fund
- EIN
- 22-2083467
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $290,430
- Grants made (2024)
- 1
- Average grant
- $290,430
- Median grant
- $290,430
- Total assets
- $5,685,193
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Usps Educational Fund gives
- Giving grew 182% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Usps Educational Fund
- How to evaluate Usps Educational Fund as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.7M
+12.8% YoY
Annual Giving
$290K
+173.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$290K
+173.7% YoY
About Usps Educational Fund
Based on IRS filings
Usps Educational Fund is a nonprofit organization focused on Education, based in Raleigh, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 1 grant totaling $290K. Net investment income was $372K.
Focus Areas
Ready to take the next step with Usps Educational Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,685,193 | $5,040,154 | $4,792,866 |
| Revenue | $422,463 | $144,918 | $338,757 |
| Expenses | $321,634 | $134,608 | $70,107 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $372,359 | $-182 | $166,361 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include United States Power Squadrons ($290,430).
| Recipient | Purpose | Amount |
|---|---|---|
| UNITED STATES POWER SQUADRONS Raleigh, NC | DEVELOP EDUC & MKT | $290,430 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mary Paige Abbott | Director | — | — |
| Jane Brandenstein | Secretary | — | — |
| Nigel E Hargreaves | Chairman | — | — |
| Norm Pennington | Director | — | — |
| Barbara Spraggins | Director | — | — |
| William Lee Popham Sr | Treasurer/Se | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Usps Educational Fund?
Usps Educational Fund is a nonprofit organization focused on Education, based in Raleigh, NC. It holds $5.7M in total assets as of 2024.
How large is Usps Educational Fund?
As of 2024, Usps Educational Fund holds $5.7M in total assets with $422K in annual revenue. It awarded 1 grant totaling $290K in 2024.
Where does Usps Educational Fund operate?
Usps Educational Fund has awarded grants in North Carolina.
What size grants does Usps Educational Fund award?
In 2024, Usps Educational Fund awarded 1 grant totaling $290K — an average of about $290K per grant, based on its IRS Form 990 filings.
What is Usps Educational Fund's EIN?
Usps Educational Fund's EIN (Employer Identification Number) is 22-2083467. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.