United States Naval Institute
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Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$7.8M
+11.2% 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 | $7,770,195 | $6,986,699 | $37,452,353 |
| Revenue | $10,963,609 | $9,064,791 | $10,573,853 |
| Expenses | $10,714,748 | $10,563,594 | $10,507,303 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $40,287 | $80,662 | — |
| 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
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does United States Naval Institute fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RADM RAYMOND SPICER USN | CEO, PUBLISHER, DIR | 30 | $362,246 |
| ROBERT O WORK | CHAIR, DIR (THRU 5/24) | 2 | — |
| HARRY HARRIS | CHAIR, DIRECTOR | 2 | — |
| JONATHAN W GREENERT | VICE CHAIR, DIR (THRU 5/24) | 2 | — |
| ELLEN LORD | VICE CHAIR, DIRECTOR | 2 | — |
| CHARLES BOLDEN | DIRECTOR | 1 | — |
| CALVIN CASS JR | DIRECTOR | 1 | — |
| DEVERE CROOKS | DIRECTOR | 1 | — |
| CHRISTINE FOX | DIRECTOR | 1 | — |
| THOMAS FURLONG | DIRECTOR | 1 | — |
| WILLIAM HANNIGAN | DIRECTOR | 1 | — |
| MEL IMMERGUT | DIRECTOR | 1 | — |
| FRED M MIDGETTE | DIRECTOR | 1 | — |
| C MICHAEL PETTERS | DIRECTOR | 1 | — |
| LORI E REYNOLDS | DIRECTOR | 1 | — |
| CHARLES A RICHARD | DIRECTOR | 1 | — |
| MICHAEL S ROGERS | DIRECTOR | 1 | — |
| RUSSELL L SMITH | DIRECTOR | 1 | — |
| SCOTT SWIFT | DIRECTOR | 1 | — |
| ROBERT S WALSH | DIRECTOR | 1 | — |
| THAD W ALLEN | DIRECTOR (THRU 5/24) | 1 | — |
| THOMAS E CLARITY | DIRECTOR (THRU 6/24) | 1 | — |
| MARGARET D KLEIN | DIRECTOR (THRU 5/24) | 1 | — |
| DOUGLAS WALLEN | CFO, TREASURER | 32 | $213,623 |
| VADM PETER H DALY USN RET | FORMER CEO, CONSULTANT | 6 | $165,239 |
| WILLIAM HAMBLET | EVP PERIODIC, MEMBERS, MAR | 40 | $214,330 |
| HEATHER LANCASTER | EVP DEVELOPMENT | 5 | $211,267 |
| APRIL PARRECO | EVP CONFERENCES & EVENTS | 40 | $194,897 |
| ADAM KANE | DIRECTOR, NAVAL INSTITUTE | 40 | $171,386 |
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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