Navy Seal Foundation Inc

Organization Overview

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 12/2023, Navy Seal Foundation Inc employed 26 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 12/2023, Navy Seal Foundation Inc generated $41.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $33.9m during the year ending 12/2023. While expenses have increased by 12.3% per year over the past 9 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 54 individual grants totaling $11,393,818. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

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:

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.


RESILIENCE: ADDRESSING TRAGEDY & AIDING RECOVERY. NSF IS HERE FOR THE WARRIORS, VETERANS AND FAMILIES OF NSW WHEN THE WORST HAPPENS; TO ASSIST WITH TRAGEDY, AND AID IN RECOVERY. PROGRAMS UNDER OUR RESILIENCE PILLAR HELP FAMILIES OF THE FALLEN (GOLD STAR FAMILIES) WITH IMMEDIATE FINANCIAL ASSISTANCE TO COVER COSTS ASSOCIATED WITH THE DIGNIFIED TRANSFER OF REMAINS AND MEMORIAL SERVICES, AS WELL AS TRAVEL EXPENSES.NSF CONTINUES TO PROVIDE A VARIETY OF VITAL SERVICES TO CHILDREN, SPOUSES, AND PARENTS OF FALLEN WARRIORS IN THE YEARS FOLLOWING THEIR LOSS INCLUDING GRIEF COUNSELING, RETREATS, REMEMBRANCE GIFTS, AND SPECIALIZED KIDS CAMPS. ADDITIONALLY, WE PROVIDE SUPPORT IN THE UNFORTUNATE CASE OF A VETERAN DEATH AND ASSISTANCE FOR THE WARRIOR WHO SUFFERS THE LOSS OF A PARENT OR SIBLING. THE NAVY SEAL FOUNDATION IS COMMITTED TO KEEPING OUR WARRIORS, FAMILIES, AND VETERANS RESILIENT.


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.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Robert Howard
Chairman
$0
Robert Smith
Vice Chairman
$0
Jack Daiy
Treasurer
$0
Jelani Hale
Secretary
$0
Matt Hickey
Director
$0
Henry Cornell
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tidewater Art Therapy Llc
Consulting Services
$297,000
Big Front Door Llc
Food Services
$117,771
Krell Adventures Llc
Summer Camp Services
$102,880
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$33,548
Membership dues$0
Fundraising events$23,454,890
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,464,159
Noncash contributions included in lines 1a–1f $3,276,610
Total Revenue from Contributions, Gifts, Grants & Similar$37,952,597
Total Program Service Revenue$0
Investment income $1,272,164
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $424,828
Net Gain/Loss on Asset Sales $6,714,887
Net Income from Fundraising Events -$4,843,881
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $41,520,595

Grants Awarded

Over the last fiscal year, Navy Seal Foundation Inc has awarded $1,469,996 in support to 7 organizations.

Grant RecipientAmount

THE HONOR FOUNDATION

PURPOSE: TRANSITION ASSISTANCE: PROVIDES EDUCATIONAL CURRICULUMS TO TRANSITIONAL SERVICE MEMBERS

$699,996

SEALKIDS INC

PURPOSE: FAMILY SUPPORT(NSW CHILDREN): PROVIDES EDUCATIONAL SERVICES TO NSW CHILDREN

$300,000

GRATITUDE INITIATIVE

PURPOSE: EDUCATION (NSW CHILDREN): PROVDES COLLEGE PREP ASSISTANCE TO NSW HIGH SCHOOL STUDENTS

$100,000

COHEN VETERAN BIOSCIENCE

PURPOSE: MENTAL HEALTH; RESEARCH GRANT

$20,000

REGIONS HOSPITAL FOUNDATION

PURPOSE: MENTAL HEALTH: ACUTE INTRANASAL INSULIN TREATMENT FOR MILD TBI

$50,000

NATIONAL MEDAL OF HONOR MUSEUM FOUNDATION

PURPOSE: LEGACY GRANT

$250,000
View Grant Profile

Peer Organizations

Organization NameAssets
Thomas Jefferson Foundation Inc
Charlottesville, VA
$56,873,096
Navy Seal Foundation Inc
Virginia Beach, VA
$41,520,595
Lorraine Civil Rights Museum Foundation
Memphis, TN
$14,748,460
The National Museum Of African American Music
Nashville, TN
$10,944,465
Shakertown At Pleasant Hill Kentucky Inc
Harrodsburg, KY
$7,633,920
North Carolina Transportation Museum Foundation
Spencer, NC
$6,894,716
Montpelier Foundation
Orange, VA
$10,079,782
Old Salem Incorporated
Winstonsalem, NC
$7,060,262
B & O Railroad Museum
Baltimore, MD
$6,418,900
Owsley Brown Frazier Historical Arms Museum Foundation Inc
Louisville, KY
$5,383,273
American Civil War Museum
Richmond, VA
$3,298,283
Soulsville
Memphis, TN
$4,187,271
Society Of The Cincinnati
Washington, DC
$3,756,156
George Washington Masonic National Memorial Association Inc
Alexandria, VA
$2,613,903
Workhouse Arts Foundation Inc
Lorton, VA
$2,525,378
Valentine Museum
Richmond, VA
$7,140,923
National Womens History Museum
Alexandria, VA
$2,958,832
Marine Corps Association Foundation
Quantico, VA
$2,381,346
Museum Of The New South Inc
Charlotte, NC
$6,687,366
The Board Of Regents Of Gunston Hall Incorporated
Mason Neck, VA
$1,732,500
National Railroad Construction & Maintenance Association
Washington, DC
$2,274,586
Wheels Through Time Museum Inc
Maggie Valley, NC
$2,979,374
Mccreary County Heritage Foundation Inc
Stearns, KY
$2,408,457
The Corporation For Jeffersons Poplar Forest
Forest, VA
$2,957,319
Baltimore Museum Of Industry
Baltimore, MD
$1,773,547

Create an account to unlock the data you need.

or