Mission
Provide financial aid in the form of cash scholarships to Midshipmen and Officer Candidates in the Naval ROTC Unit at the University of Texas at Austin.
Public Charity
Midshipmans Foundation
Midshipmans Foundation is a nonprofit organization categorized as Public Charity based in Austin, TX. Its most recent IRS filing (2025) reports revenue of $355K, expenses of $181K, total assets of $3.7M. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $40K.
EIN: 237100496
Austin, TX
Latest filing: 2025
Total Revenue$355K
Total Expenses$181K
Total Assets$3.7M
Grant Records4
Funding Total$40K
Filing Years2021–2025
Sample Grants Received
EDUCATION
$14,000
GENERAL SUPPORT
$9,906
MIDSHIPMANS FOUNDATION
$10,000
EDUCATION
$6,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
Director
Bruce B Byron
Treasurer
Danny T O'neil
Secretary
David M Wells
Director
Edwin W Mergele
Chairman
Gabriel R Salazar
Director
Kevin H Hugman
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $355K | $181K | $3.7M |
| 2024 | $354K | $176K | $3.2M |
| 2023 | $217K | $139K | $3.0M |
| 2022 | $281K | $123K | $2.6M |
| 2021 | $330K | $151K | $2.9M |
Between 2021 and 2025, reported annual revenue grew from $330K to $355K (+7%), with total assets most recently reported at $3.7M.
Interactive year-over-year charts and full filing details available with membership.