Public Charity

SUNY MARITIME FOUNDATION INC

SUNY MARITIME FOUNDATION INC is a Public Charity headquartered in BRONX, NY. Financial data from the 2025 filing: $4.2M revenue, $2.6M expenses, $18.6M total assets. 41 publicly reported grants to this organization, totaling roughly $2.2M, appear in IRS filings.

EIN: 473560167 BRONX, NY Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$4.2M
Total Expenses$2.6M
Total Assets$18.6M
Grant Records41
Funding Total$2.2M
Filing Years2021–2025

Mission

THE SUNY MARITIME FOUNDATION, INC. IS THE PRIMARY ORGANIZATION TO RAISE AND MANAGE PRIVATE FINANCIAL SUPPORT FOR SUNY MARITIME COLLEGE. THIS SUPPORT ASSISTS SUNY MARITIME TO ACHIEVE ITS MISSION AND VISION WHILE AT THE SAME TIME ENRICHING THE EDUCATIONAL QUALITY OF THE COLLEGE, THE STUDENTS AND FACULTY.

Where $100 goes at Suny Maritime Foundation Inc

How Suny Maritime Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$91 Programs the work itself
$6 Management running the organization
$3 Fundraising raising the next dollar

Inside the $91 for programs

$90
Grantmaking program:the foundation supports and provides financial assistance to suny maritime college (the "college") by soliciting, accepting, and managing private financial support from individuals, corporations, foundations, and other…
99% of program spending
$1
Boat donation program:suny maritime college operates a boat donation program to raise additional resources to support the waterfront's programs and to provide additional inventory for students to use…
1% of program spending
<$1
Athletics program:the office of athletics offers a wide array of sport activities, fitness programs, and recreational facilities for the entire campus community
About 0% (cost not reported) · Reported in the filing: 13 teams
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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.

Officers & Directors

Director Aj Mcallister
Director Bruce Rosenblatt
Director Capt Robert Johnston
Executive Dir. Douglas Hasbrouck
Director Gregory Smith
Director Ioannis John Krousouloudis

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,619,326 29 grants
Education
$584,991 10 grants
Unspecified
$13,835 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.2M $2.6M $18.6M
2024 $2.8M $2.2M $16.1M
2023 $2.8M $2.2M $14.1M
2022 $3.1M $2.8M $12.9M
2021 $2.5M $2.6M $14.1M

Between 2021 and 2025, reported annual revenue grew from $2.5M to $4.2M (+69%), with total assets most recently reported at $18.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SUNY MARITIME FOUNDATION INC

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