Naval Postgraduate School Foundation Inc

Organization Overview

Naval Postgraduate School Foundation Inc is located in Monterey, CA. The organization was established in 1971. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, Naval Postgraduate School Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naval Postgraduate School 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 06/2021, Naval Postgraduate School Foundation Inc generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 7.7% 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 2014, Naval Postgraduate School Foundation Inc has awarded 44 individual grants totaling $2,634,686. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT, PROMOTE AND ADVANCE THE MISSION OF THE NAVAL POSTGRADUATE SCHOOL BY WORKING WITH SCHOOL LEADERSHIP TO IDENTIFY STRATEGIC INSTITUTIONAL PRIORITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION RECEIVES CONTRIBUTIONS FROM GENERAL PUBLIC AND PROVIDES SUPPORT TO THE NAVAL POSTGRADUATE SCHOOL IN FOUR CRITICAL AREAS - FUNDING RESEARCH, INSTITUTIONAL ADVANCEMENT, COMMUNITY OUTREACH AND FACULTY/STUDENT RECOGNITION.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Patterson
CEO
$227,817
Todd Lyons
Vp, Research
$113,928
Julie Roth
Sec/treasurer
$0
Hank Plain
Chairman
$0
Gary Coughlan
Trustee
$0
Michael Morgan
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,350
Fundraising events$1,535,038
Related organizations$0
Government grants $145,800
All other contributions, gifts, grants, and similar amounts not included above$2,277,278
Noncash contributions included in lines 1a–1f $313,155
Total Revenue from Contributions, Gifts, Grants & Similar$3,960,466
Total Program Service Revenue$0
Investment income $129,841
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$106,223
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$15,461
Miscellaneous Revenue$0
Total Revenue $3,979,896

Grants Awarded

Over the last fiscal year, Naval Postgraduate School Foundation Inc has awarded $279,200 in support to 6 organizations.

Grant RecipientAmount

NAVY SEAL FOUNDATION

Org PageRecipient Profile

Virginia Beach, VA

PURPOSE: TO SUPPORT DONEE'S PROGRAMS

$90,500

SPECIAL FORCES CHARITABLE FND

Org PageRecipient Profile

Southern Pines, NC

PURPOSE: TO SUPPORT DONEE'S PROGRAMS

$65,000

WARRIOR CANINE CONNECTION

Org PageRecipient Profile

Boyds, MD

PURPOSE: TO SUPPORT DONEE'S PROGRAMS

$50,700

VETERANS TRANSITION CENTER

Org PageRecipient Profile

Marina, CA

PURPOSE: TO SUPPORT DONEE'S PROGRAMS

$30,000

TRAGEDY ASSISTANCE PROGRAM FO

Org PageRecipient Profile

Arlington, VA

PURPOSE: TO SUPPORT DONEE'S PROGRAMS

$23,000

PROJECT SANCTUARY

Org PageRecipient Profile

Granby, CO

PURPOSE: TO SUPPORT DONEE'S PROGRAMS

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 20 grants that Naval Postgraduate School Foundation Inc has recieved totaling $848,779.

Awarding OrganizationAmount
Karen And Rick Hargrove Foundation

La Selva Beach, CA

PURPOSE: EDUCATION

$375,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$212,250
Greater Houston Community Foundation

Houston, TX

PURPOSE: EDUCATIONAL

$52,500
Mark And Mary Ann Kaufman Foundation

Chicago, IL

PURPOSE: GENERAL PURPOSES

$50,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$30,000
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,973,241
Earnings$365,995
Grants$35,439
Ending Balance$2,303,797

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