Mission
THE NAVAL INSTITUTE FOUNDATION WAS ORGANIZED TO OPERATE EXCLUSIVELY TO RAISE FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES TO FURTHER THE MISSION AND POLICIES OF THE UNITED STATES NAVAL INSTITUTE.
Public Charity
THE NAVAL INSTITUTE FOUNDATION INC
Based in ANNAPOLIS, MD, THE NAVAL INSTITUTE FOUNDATION INC operates as a Public Charity. The organization reported $14.4M in revenue, $5.4M in expenses, $24.5M in total assets for fiscal year 2025. Imperigo tracks 44 reported grant relationships connected to this organization totaling approximately $15.3M.
EIN: 521814344
ANNAPOLIS, MD
Latest filing: 2025
Total Revenue$14.4M
Total Expenses$5.4M
Total Assets$24.5M
Grant Records44
Funding Total$15.3M
Filing Years2021–2025
Sample Grants Received
FOR RECIPIENT'S EXEMPT PURPOSE
$1,815,000
For grant recipient's exempt purposes
$517,676
PUBLIC, SOCIETAL BENEFIT
$169,242
GENERAL SUPPORT
$63,800
SANDY AND STEVE WATE
$50,000
Showing up to 5 of 44 total records — full history available with membership.
Officers & Directors
DIRECTOR
Cdr Gregory E Glaros Usn Ret
DIRECTOR
Dirk P Mosis
TREASURER
Douglas Wallen
CHAIRMAN, DIRECTOR
Gen Peter Pace Usmc Ret
COO (THRU 6/25), SECRETARY, DIR.
Heather Lancaster
DIRECTOR
Jane Clayton Johnson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $14.4M | $5.4M | $24.5M |
| 2024 | $6.1M | $4.8M | $14.7M |
| 2023 | $9.4M | $5.2M | $11.8M |
| 2022 | $5.1M | $5.6M | $13.2M |
| 2021 | $8.5M | $15.4M | $16.5M |
Between 2021 and 2025, reported annual revenue grew from $8.5M to $14.4M (+71%), with total assets most recently reported at $24.5M.
Interactive year-over-year charts and full filing details available with membership.