Us Naval Academy Foundation Inc
SEE SCHEDULE O.
Financial Overview
From 2024 IRS Form 990-PF
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
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Us Naval Academy 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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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFREY R WEBB | PRESIDENT/CEO (SEE SCH J) | 36 | $337,238 |
| AMB RICHARD L ARMITAGE | DIRECTOR | 2 | — |
| DR LYNNE ATKINSON | DIRECTOR | 2 | — |
| MR WILLIAM A BASTIAN II | DIRECTOR | 2 | — |
| MR JAMES BELL | DIRECTOR | 2 | — |
| MAJGEN CHARLES F BOLDEN JR USMC R | DIRECTOR | 2 | — |
| MR CHARLES H CANNON JR | DIRECTOR | 2 | — |
| MR HARRY COKER JR | DIRECTOR | 2 | — |
| MR JOHN F CROWLEY | DIRECTOR | 2 | — |
| RADM AB CRUZ III | DIRECTOR | 2 | — |
| MR WILLIAM DAVIS | DIRECTOR | 2 | — |
| MR DAVID P DAWSON | DIRECTOR | 2 | — |
| MR GEORGE DENNIS | DIRECTOR | 2 | — |
| CDR JOHN M DILLON USNR RET | DIRECTOR | 2 | — |
| ADM JAMES O ELLIS JR USN RET | DIRECTOR | 2 | — |
| ADM MARK E FERGUSON III USN RET | DIRECTOR | 2 | — |
| MR ALFRED E FESTA | DIRECTOR | 2 | — |
| MR MATTHEW R GIBSON | DIRECTOR | 2 | — |
| ADM CECIL D HANEY USN RET | DIRECTOR | 2 | — |
| MR MICHAEL HEMOCOVICH | DIRECTOR | 2 | — |
| VADM MARY JACKSON | DIRECTOR | 2 | — |
| MR RICHARD L KEYSER | DIRECTOR (THRU 10/26/23) | 2 | — |
| MR THOMAS C KNUDSON | DIRECTOR | 2 | — |
| MR TIG H KREKEL | DIRECTOR | 2 | — |
| MS GREER O LAUTRUP | DIRECTOR | 2 | — |
| MRS MARY LOOKER | DIRECTOR | 2 | — |
| MR JERROLD L MILLER | DIRECTOR | 2 | — |
| MR CHARLEY MOORE | DIRECTOR | 2 | — |
| ADM WILLIAM F MORAN USN RET | DIRECTOR | 2 | — |
| ADM MICHAEL G MULLEN USN RET | DIRECTOR | 2 | — |
| ADM ROBERT J NATTER USN RET | DIRECTOR | 2 | — |
| LCDR RONALD L NICOL USNR | DIRECTOR | 2 | — |
| MR C MICHAEL PETTERS | DIRECTOR | 2 | — |
| MR ROBERT V PRAGADA | DIRECTOR | 2 | — |
| MR PAUL B PRAGER | DIRECTOR | 2 | — |
| MR DAVID B RICH | DIRECTOR | 2 | — |
| VADM JOHN R RYAN USN RET | DIRECTOR | 2 | — |
| MR JOHN SEMCKEN | DIRECTOR | 2 | — |
| MR KEVIN W SHARER | DIRECTOR | 2 | — |
| MS JOANNA SOHOVICH | DIRECTOR | 2 | — |
| MR PATRICK SULLIVAN | DIRECTOR | 2 | — |
| MR TIMOTHY P SULLIVAN | DIRECTOR | 2 | — |
| MR MICHAEL W TAYLOR | DIRECTOR | 2 | — |
| MR J RONALD TERWILLIGER | DIRECTOR | 2 | — |
| RADM CYNTHIA M THEBAUD USN RET | DIRECTOR | 2 | — |
| VADM JAN TIGHE USN | DIRECTOR | 2 | — |
| MS MARY KAY WEGNER | DIRECTOR | 2 | — |
| MR SCOTT W WINE | DIRECTOR | 2 | — |
| MR J MICHAEL YEAGER | DIRECTOR | 2 | — |
| MR JOHN F YOUNG | DIRECTOR | 2 | — |
| ROBERT W GAST | EVP & CFO/TREAS (THRU 5/10/24) (SEE SCH J) | 33 | $161,163 |
| WILLIAM O'CONNOR | SEC/EVP DEV (SEE SCH J) | 50 | $382,539 |
| LISA STROBEL | EXEC DIRECTOR OF FINANCE (SEE SCH J) | 27.5 | $109,217 |
| DONALD HUGHES | VP ATHLETIC & SCHOLARSHIP PR (SEE SCH J) | 50 | $222,194 |
| MIKE HOFFMAN | VP, REGIONAL DEV (SEE SCH J) | 50 | $175,911 |
| GARRETT KEATING | DIRECTOR, IT (SEE SCH J) | 27.5 | $82,950 |
| JOY JONES | ED, HUMAN RESOURCES (SEE SCH J) | 27.5 | $85,474 |
| TIMOTHY SMITH | DR, FINANCIAL REPORTING (SEE SCH J) | 27.5 | $85,043 |
| NATALIE BRIANAS | ED, DONOR ENG & STRAT PTNR (SEE SCH J) | 50 | $133,088 |
| ADRIANNA BITOUN | ED, STAR TEAM (SEE SCH J) | 50 | $137,569 |
| JORDAN BAILEY | SR AD, ENTERPRISE NETWORK & SECURITY | 27.5 | $72,180 |
| ASHLEY J BAUER | MANAGING REGIONAL DIR, DEVELOPMENT | 50 | $129,082 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Maryland $165.4M (100%)
States
Cities
Annapolis
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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