Mission
TO PROVIDE SCHOLORSHIPS AND CONTRIBUTIONS IN SUPPORT OF MASSACHUSETTS MARITIME ACADEMY.
Public Charity
Massachusetts Maritime Academy Foundation Inc
Massachusetts Maritime Academy Foundation Inc is a nonprofit organization categorized as Public Charity based in Buzzards Bay, MA. Its most recent IRS filing (2025) reports revenue of $11.3M, expenses of $4.2M, total assets of $77.9M. Imperigo tracks 49 reported grant relationships connected to this organization totaling approximately $2.8M.
EIN: 237025807
Buzzards Bay, MA
Undergraduate Colleges
NTEE: B42
Latest filing: 2025
Total Revenue$11.3M
Total Expenses$4.2M
Total Assets$77.9M
Grant Records49
Funding Total$2.8M
Filing Years2021–2025
Where $100 goes at Massachusetts Maritime Academy Foundation Inc
How Massachusetts Maritime Academy Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$92
Programs
the work itself
$8
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $92 for programs
$92
Scholarships awarded to academy students and expenses related to receiving and accounting for donations
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$33,536
EDUCATION
$820,000
TO SUPPORT THE ORGANIZATION'S STATED MISSION
$250,000
For grant recipient's exempt purposes
$73,200
ABS 2024 Scholarships for tuition and books.
$60,000
Showing up to 5 of 49 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Alan Mckim
CHAIR
Brendan P O'connor
BOARD MEMBER
Brian F Tobin
BOARD MEMBER
Bruce S Rosenblatt
BOARD MEMBER
Capt Brian J Fournier
BOARD MEMBER
Capt Martin E Conroy Jr
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $11.3M | $4.2M | $77.9M |
| 2024 | $14.5M | $6.6M | $71.0M |
| 2023 | $12.6M | $1.7M | $56.1M |
| 2022 | $7.1M | $1.5M | $42.1M |
| 2021 | $4.8M | $888K | $40.3M |
Between 2021 and 2025, reported annual revenue grew from $4.8M to $11.3M (+133%), with total assets most recently reported at $77.9M.
Interactive year-over-year charts and full filing details available with membership.