Navy Seal Foundation Inc is located in Virginia Beach, VA. The organization was established in 2000. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Navy Seal Foundation Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Navy Seal Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Navy Seal Foundation Inc generated $24.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $15.5m during the year ending 12/2020. While expenses have increased by 4.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Navy Seal Foundation Inc has awarded 39 individual grants totaling $8,223,826. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.THE NAVY SEAL FOUNDATION PROVIDES CRITICAL SUPPORT FOR THE WARRIORS, VETERANS, AND FAMILIES OF NAVAL SPECIAL WARFARE. IT PROVIDES A COMPREHENSIVE SET OF OVER 30 ESSENTIAL PROGRAMS FOR SEALS, SWCCS, VETERANS, AND THEIR FAMILIES UNDER FIVE PILLARS OF SUPPORT - STRENGTH, RESILIENCE, HEALTH, EDUCATION, AND COMMUNITY. WE STAND AT THE FOREFRONT OF CRUCIAL CARE FOR THIS UNIQUE COMMUNITY. WE ARE THERE TO HELP KEEP OUR WARRIORS IN THE FIGHT. WE ARE THERE TO HELP THEM TRANSITION TO SUCCESSFUL CAREERS IN THE CIVILIAN SECTOR. WE ARE THERE TO HELP THEIR FAMILIES EVERY STEP OF THE WAY. AND UNDER THE TRAGIC CIRCUMSTANCES THAT A MEMBER OF NSW DOES NOT COME HOME, WE ARE THERE TO ASSIST AS WELL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH: ENHANCING PHYSICAL & MENTAL WELLNESS. LIFE IN NSW CAN TAKE ITS TOLL ON OUR WARRIORS AND THEIR FAMILIES, BOTH PHYSICALLY AND MENTALLY. WHEN AN ACTIVE DUTY SEAL OR SWCC IS INJURED OR BECOMES CRITICALLY ILL, PROGRAMS UNDER OUR HEALTH PILLAR PROVIDE FINANCIAL AND LOGISTICAL SUPPORT SO THEIR FOCUS CAN BE ON HEALING. WE ALSO PROVIDE ASSISTANCE WHEN FAMILY MEMBERS BECOME CRITICALLY ILL. IN ADDITION, MANY OF OUR SERVICE MEMBERS AND VETERANS DEAL WITH THE CHRONIC EFFECTS OF SUSTAINED COMBAT.NSF PROVIDES A SPECIALIZED PROGRAM AIMED AT ADDRESSING THEIR UNIQUE PHYSICAL AND MENTAL CONCERNS, WHILE OPTIMIZING THEIR QUALITY OF LIFE. WE ALSO MAINTAIN CONNECTIONS TO CLINICAL PSYCHOLOGISTS SKILLED IN ADDRESSING THEIR SPECIFIC MENTAL HEALTH ISSUES, AND ACCESS TO CUTTING EDGE TREATMENT MODALITIES. THE NAVY SEAL FOUNDATION IS COMMITTED TO KEEPING OUR WARRIORS, FAMILIES, AND VETERANS HEALTHY.
EDUCATION: PROVIDING SCHOLARSHIPS & DEVELOPMENT OPPORTUNITIES. INSIDE THE NAVY SEAL COMMUNITY, SCHOOL AND DEVELOPMENT OPPORTUNITIES CAN BE A CHALLENGE. THIS IS TRUE FOR BOTH WARRIORS AND FAMILIES. PROGRAMS UNDER OUR EDUCATION PILLAR EMPOWER ACTIVE-DUTY NSW PERSONNEL, THEIR SPOUSES AND CHILDREN, AS WELL AS OUR SEAL AND SWCC POST-9/11 VETERANS AND THEIR CHILDREN, BY AWARDING SCHOLARSHIPS FOR HIGHER EDUCATION. WE ALSO SUPPORT QUALITY EDUCATION OPTIONS FOR DEPENDENT CHILDREN IN GEOGRAPHICALLY SEPARATED DUTY LOCATIONS WHERE CHOICES MATTER TO THE OVERALL SUCCESS OF THE STUDENT.ADDITIONALLY, NSF PROVIDES FUNDING FOR STANDARDIZED COLLEGE ENTRANCE EXAMS FOR QUALIFIED TRANSITIONING NSW SERVICE MEMBERS. ALL THIS SUPPORT AUGMENTS FUNDING ACCESSIBLE THROUGH NAVY PROGRAMS AND PROVIDES ADDITIONAL FINANCIAL RESOURCES NOT OTHERWISE AVAILABLE. THE NAVY SEAL FOUNDATION IS COMMITTED TO THE EDUCATION OF OUR WARRIORS, FAMILIES, AND VETERANS.
STRENGTH: BUILDING CAPABILITIES & REDUCING STRESSORS. THE MEMBERS OF THE SEAL COMMUNITY AND THEIR FAMILIES ARE INCREDIBLY STRONG. BUT EVEN OUR MOST ELITE TEAM BENEFITS FROM A SUPPORT STRUCTURE THAT REDUCES THE VARIOUS STRESSORS IN THEIR LIVES, AND BUILDS THEIR CAPABILITIES. PROGRAMS UNDER OUR STRENGTH PILLAR PROVIDE ASSISTANCE TO ACTIVE DUTY SERVICE MEMBERS IN THE FORM OF RESPITE CARE, MORALE-BUILDING EVENTS, COMMAND ALL-CALLS, AND MUCH MORE.NSF HAS ALSO PARTNERED WITH WORLD-CLASS INSTITUTES AND OTHER NON-PROFITS, AS WELL AS EXPERTS IN NETWORKING, RESUME BUILDING, AND MENTORSHIP OPPORTUNITIES TO ASSIST NSW MEMBERS AND THEIR FAMILIES WHEN THEY TRANSITION OUT OF THE MILITARY. WE ADDITIONALLY PROVIDE EMERGENCY FUNDING FOR VETERANS IN SUPPORT OF ANY FINANCIAL HARDSHIP. THE NAVY SEAL FOUNDATION IS COMMITTED TO KEEPING OUR WARRIORS, FAMILIES, AND VETERANS STRONG.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robin King CEO | Officer | 40 | $271,077 |
Carolyn Petschler Director Of Development | 40 | $201,723 | |
Chris Irwin Director Of Partnerships | 40 | $178,027 | |
Scott Burke CFO | Officer | 40 | $160,378 |
Meaghan Martinak Development Director | 40 | $126,692 | |
Alison Messick Director Of Programs | 40 | $126,222 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Tidewater Art Therapy Llc Consulting Services | 12/30/21 | $292,200 |
Dr Mia Bartoletti Consulting Services | 12/30/21 | $175,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $37,582 |
Membership dues | $0 |
Fundraising events | $17,510,288 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,097,512 |
Noncash contributions included in lines 1a–1f | $474,051 |
Total Revenue from Contributions, Gifts, Grants & Similar | $25,645,382 |
Total Program Service Revenue | $0 |
Investment income | $166,697 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $433,920 |
Net Gain/Loss on Asset Sales | -$106 |
Net Income from Fundraising Events | -$2,038,841 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $24,207,052 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,455,096 |
Grants and other assistance to domestic individuals. | $9,724,843 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $386,928 |
Compensation of current officers, directors, key employees. | $83,928 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,632,295 |
Pension plan accruals and contributions | $1,644 |
Other employee benefits | $57,287 |
Payroll taxes | $129,425 |
Fees for services: Management | $0 |
Fees for services: Legal | $440 |
Fees for services: Accounting | $53,006 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $58,467 |
Advertising and promotion | $520,110 |
Office expenses | $374,273 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $367,575 |
Travel | $71,874 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $154,109 |
Insurance | $53,006 |
All other expenses | $45,711 |
Total functional expenses | $15,483,721 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,518,020 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $2,659,276 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,006,689 |
Net Land, buildings, and equipment | $4,087,194 |
Investments—publicly traded securities | $90,633,750 |
Investments—other securities | $611,028 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $24,433 |
Total assets | $115,540,390 |
Accounts payable and accrued expenses | $614,449 |
Grants payable | $0 |
Deferred revenue | $610,970 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $855,970 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,081,389 |
Net assets without donor restrictions | $107,386,520 |
Net assets with donor restrictions | $6,072,481 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $115,540,390 |
Over the last fiscal year, Navy Seal Foundation Inc has awarded $1,559,996 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
San Diego, CA PURPOSE: TRANSITION ASSISTANCE: PROVIDES EDUCATIONAL CURRICULUMS TO TRANSITIONING SERVICE MEMBERS. | $699,996 |
Dublin, OH PURPOSE: FAMILY SUPPORT (NSW CHILDREN): PROVIDES EDUCAITONAL SERVICES TO THE NSW CHILDREN | $500,000 |
Fort Pierce, FL PURPOSE: LEGACY GRANT | $140,000 |
Columbus, OH PURPOSE: MENTAL HEALTH: RESEARCH GRANT | $100,000 |
Bryan, TX PURPOSE: EDUCATION (NSW CHILDREN): PROVIDES COLLEGE PREP ASSISTANCE TO NSW HIGH SCHOOL STUDENTS | $50,000 |
Fairfield, IA PURPOSE: MENTAL HEALTH: RESEARCH GRANT | $50,000 |
Over the last fiscal year, we have identified 7 grants that Navy Seal Foundation Inc has recieved totaling $436,500.
Awarding Organization | Amount |
---|---|
Bohler Family Infinity Foundation Inc Morristown, NJ PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $200,000 |
Fox Family Foundation Naples, FL PURPOSE: GENERAL FUNDING | $115,000 |
Penske Foundation Inc Bloomfield Hills, MI PURPOSE: GENERAL | $100,000 |
Gebhardt Foundation Inc Milwaukee, WI PURPOSE: GENERAL SUPPORT | $10,000 |
John And Janet Kornreich Charitable Foundation Ltd Old Westbury, NY PURPOSE: CHARITABLE | $8,000 |
Bomher Family Foundation Clarendon Hills, IL PURPOSE: COMMUNITY | $2,500 |
Beg. Balance | $98,040,118 |
Earnings | $12,838,752 |
Net Contributions | $8,203,233 |
Ending Balance | $119,082,103 |
Organization Name | Assets | Revenue |
---|---|---|
Thomas Jefferson Foundation Inc Charlottesville, VA | $395,493,786 | $54,038,606 |
Navy Seal Foundation Inc Virginia Beach, VA | $115,540,390 | $24,207,052 |
Lorraine Civil Rights Museum Foundation Memphis, TN | $35,843,207 | $14,748,460 |
The National Museum Of African American Music Nashville, TN | $43,131,276 | $9,233,015 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
Montpelier Foundation Orange, VA | $32,791,745 | $7,244,660 |
North Carolina Transportation Museum Foundation Spencer, NC | $11,455,078 | $7,616,895 |
Old Salem Incorporated Winstonsalem, NC | $81,707,076 | $3,795,190 |
Society Of The Cincinnati Washington, DC | $28,928,587 | $7,746,929 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
American Civil War Museum Richmond, VA | $33,997,529 | $3,026,232 |
B & O Railroad Museum Baltimore, MD | $29,274,881 | $4,473,800 |