The Usmma Sailing Foundation Inc
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
Total Assets
$38.6M
-7.4% YoY
Annual Giving
—
-100.0% YoY
Grant Count
0
-100.0% YoY
Avg Grant Size
—
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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 .
Who else does The Usmma Sailing Foundation Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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- 11M+ connections in GrantGraph™
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 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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