EIN 04-2899862

Coast Guard Foundation

IRS 501(c) type
501(c)(3)
Num. employees
23
Year formed
1986
Most recent tax filings
2022-12-01
Description
Founded in 1969, the Coast Guard Foundation provides education, support and relief for the brave men and women, who enforce maritime law, protect our homeland and preserve the environment.
Total revenues
$11,479,830
2022
Total expenses
$11,256,367
2022
Total assets
$21,004,105
2022
Num. employees
23
2022

Program areas at Coast Guard Foundation

Support to members of the united states Coast guard:the Coast Guard Foundation's support for Coast Guard members enhances their mission readiness and resilience. Through fitness and recreation gear, as well as resiliency training and retreats, we promote morale and wellness initiatives. The Coast Guard Foundation provides education and workforce development assistance to members pursuing college degrees or professional certifications to better prepare them for their assigned duties and set them up for future success.
Support to Coast Guard families:the Coast Guard Foundation provides grants and scholarships for spouses and college-age children of Coast Guard members. The Foundation upgrades the Coast Guard locations and family housing areas with projects such as recreation facilities. In times of tragedy, when a Coast Guard member dies or is critically injured while on active duty, the Coast Guard Foundation offers comfort and assistance to the family and friends of the fallen. In times of emergencies and natural disasters the Foundation steps in to relieve the immediate needs of Coast Guard families. The fallen heroes scholarship pays the cost of a college education for the children of a Coast Guard member who is killed in the line of duty during an operational mishap.
Support to the corps of cadets at the Coast Guard academy:the Coast Guard Foundation supports the Coast Guard's future officer corps through leadership development programs, diversity and inclusion initiatives, academic enrichment, and athletics and club activities at the Coast Guard academy.
Public awareness:the Coast Guard Foundation serves as a goodwill ambassador for the united states Coast Guard by making the public aware of the benefits of a strong Coast Guard. Through a public service announcement campaign, the Foundation highlights the dedication and bravery of Coast Guard crews. By honoring Coast Guard members at events, such as tribute dinners, the Foundation showcases the bravery and performance excellence of the service.

Grants made by Coast Guard Foundation

GranteeGrant descriptionAmount
United States Coast Guard Cpo AssociationTo Provide Disaster Assistance and Emergency Relief To Coastguardsmen & Women$360,000

Who funds Coast Guard Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundPublic, Societal Benefit$258,891
Silicon Valley Community Foundation (SVCF)Community Development$235,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$175,760
...and 133 more grants received totalling $1,688,482

Personnel at Coast Guard Foundation

NameTitleCompensation
Brad SisleySenior Vice President of Development$180,723
Susan LudwigPresident$241,415
Nicole EvansDirector of Finance and Ac$147,750
Jean BrownSenior Director of Events$105,083
Marc CreganDirector of Philanthro$154,715
...and 4 more key personnel

Financials for Coast Guard Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$11,251,377
Program services$0
Investment income and dividends$692,410
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$172,612
Net income from fundraising events$-681,970
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$45,401
Total revenues$11,479,830

Form 990s for Coast Guard Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-26990View PDF
2021-122022-06-15990View PDF
2020-122021-09-16990View PDF
2019-122020-12-18990View PDF
2018-122019-09-23990View PDF
...and 11 more Form 990s
Data update history
February 3, 2024
Received grants
Identified 29 new grant, including a grant for $235,000 from Silicon Valley Community Foundation (SVCF)
October 26, 2023
Received grants
Identified 10 new grant, including a grant for $40,000 from Adler Financial Group
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 23, 2023
Updated personnel
Identified 13 new personnel
August 20, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsMilitary and veteran charitiesCharities
Issues
Military and veterans
Characteristics
Provides grantsFundraising eventsNational levelEndowed supportProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
394 Taugwonk Rd
Stonington, CT 06378
Metro area
Norwich-New London, CT
County
New London County, CT
Website URL
coastguardfoundation.org/ 
Phone
(860) 535-0786
Facebook page
coastguardfoundation 
Twitter profile
@coastguardfound 
IRS details
EIN
04-2899862
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W12: Public and Societal Benefit Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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