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Virginia · Nonprofit

MARINE CORPS ASSOCIATION FOUNDATION

MARINE CORPS ASSOCIATION FOUNDATION (Virginia) receives grants from 45 organizations whose IRS filings report $1,699,710 to it, the largest being TIMOTHY T DAY FOUNDATION INC ($500,000). 25 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.7M
Funders on record
45
Grants received
$1.7M
Net assets
$766k
25/45 repeat funderspeak grant-dependency 15%
01What it does

What Marine Corps Association Foundation does

Mission

To provide resources and support to sustain and expand programs and activities essential to the marine corps association's (mca) mission by engaging everyone inspired by the marine corps.

As stated on its FY2025 Form 990.

Programs

  1. Commanders' forums: the foundation provides funding to assist commanders in developing and providing forum opportunities specifically tailored to enhance their marines and sailors' knowledge of the military historical and operational lessons and how those can be applied to current challenges. The forums can range from presentations and discussions with noted authors and scholars to a classical battle study. Participation in the battle studies will help prepare a unit for current operations through the study of military history. Participants in battle studies may walk the ground with experts in order to better understand the history and lessons learned from these famous battles and campaigns. In addition, mcaf actively seeks to provide relevant, professional military education for active-duty marines and opportunities to stay abreast of current issues. These forums feature prominent speakers, key decision makers and subject matter experts and offer key insights and unique perspectives on current military topics. Events are held at different locations, allowing active-duty marines and our members nationwide the opportunity to enhance their knowledge of military art and science, and…

    $1,578,826 spentof which $875,849 as grants
    79% of program spending
  2. The marine excellence awards program was established to recognize the professional achievements of marines and sailors (serving in marine corps units) and to recognize superior performance in marine corps officer and enlisted formal schools. These awards are also given for exceptional written work. Awards are a valuable incentive and an appropriate means of recognizing marines and sailors who excel in their commands, formal schools, and leadership courses. Mcaf is the largest contributor of awards given to the u.s. Marine corps. Each year mcaf gives awards to approximately 3,500 deserving marines and sailors, 92 percent of which go to enlisted men and women. These are just a few of the awards given to outstanding marines: the honor graduate from drill instructor school, recruit training awards (honor graduate recruit, high shooter and high physical fitness test), the basic officer training course honor graduate, officer candidates school honor graduate, and staff noncommissioned officer academy honor graduate). In 2025, over 3,700 marines received awards recognizing their excellent performance and their creative and persuasive written work.

    $341,747 spentof which $40,030 as grants$6,391 earned by the program
    17% of program spending
  3. The commanders' unit library program provides commanders with funds to establish and sustain their unit professional library when the utilization of appropriated funds is not practicable. The program allows commanders to select books from the marine corps commandant's professional reading list, which all marines are required to read during their service in the corps. The book list contains timeless military classics as well as recent books on emerging areas of interest in current military operations and cultural understanding. Some units with unique and emerging capabilities (e.g. Unmanned vehicles/drones, cyberspace operations) can receive books specific to their mission. In 2025, 94 marine corps units (battalions, squadrons, regiments, groups, etc.) received books to enhance their unit libraries, making professional reading available to over 37,000 marines. In total in 2025, the Marine Corps Association Foundation spent over $2,038,000 in support of approximately 50,000 marines.

    $71,992 spentof which $71,992 as grants
    4% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,992,565.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.8M) Expenses 100 ($1.5M) Net assets 100 ($609k)2018 Revenue 88 ($1.6M) Expenses 104 ($1.6M) Net assets 97 ($589k)2019 Revenue 88 ($1.6M) Expenses 106 ($1.6M) Net assets 94 ($570k)2020 Revenue 89 ($1.6M) Expenses 98 ($1.5M) Net assets 116 ($705k)2021 Revenue 104 ($1.9M) Expenses 112 ($1.7M) Net assets 151 ($920k)2022 Revenue 111 ($2.0M) Expenses 133 ($2.0M) Net assets 127 ($772k)2023 Revenue 131 ($2.4M) Expenses 145 ($2.2M) Net assets 159 ($971k)2024 Revenue 156 ($2.8M) Expenses 179 ($2.8M) Net assets 172 ($1.1M)2025 Revenue 148 ($2.7M) Expenses 199 ($3.1M) Net assets 126 ($766k)
'17'18'19'20'21'22'23'24'25
Revenue (148)Expenses (199)Net assets (126)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $821k to $1.1M (+32%).

$827k
$664k
$651k
$821k
$1.1M
$977k
$1.1M
$1.2M
$1.4M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

99% of MARINE CORPS ASSOCIATION FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$275k
’17
−$14k
’18
−$27k
’19
$108k
’20
$165k
’21
−$35k
’22
$154k
’23
$76k
’24
−$379k
’25
1.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ltgen Charles Chiarotti

Usmc (ret), president & CEO

Board chair

Ltgen Mark Brilakis Usmc Ret

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed141321171818211819
Joined·+0+10+0+6+9+4+10+3
No longer listed·124591132
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 18 funders, grant income rose $80k → $243k.

12 of 45 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 56% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $360k from one payer (the payer shares this organization's board, largest Marine Corps Association). These are real filings, and they are not money MARINE CORPS ASSOCIATION FOUNDATION raised.

From the IRS filings of MARINE CORPS ASSOCIATION FOUNDATION’s funders (the co-funder graph). Top 30 of 45 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MARINE CORPS ASSOCIATION FOUNDATION leans on a few funders — its largest provides 29% of grant income and the top three 63%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MARINE CORPS ASSOCIATION FOUNDATION.

29%
largest funder
63%
top three
~6
effective funders

Largest funder’s share by year: 2017 45% · 2018 44% · 2019 48% · 2020 21% · 2021 42% · 2022 33% · 2023 41% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

39% of MARINE CORPS ASSOCIATION FOUNDATION's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

56% of MARINE CORPS ASSOCIATION FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $742k that is directly attributable, 99% of it comes from funders outside Virginia, across 21 states.

MN
IL
MI
NY
MA
PA
NJ
CT
RI
CA
MO
KY
VA
MD
AZ
NC
DC
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $957k arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MARINE CORPS ASSOCIATION FOUNDATION's revenue grew 48% between 2017 and 2025.

Operating margin−14% · bottom quartile
Months of reserve1.9mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Organizations like MARINE CORPS ASSOCIATION FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

65% of spending goes to programs.

Program 65%Management 6%Fundraising 29%

Governance

23
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 32 states

ME
NH
MN
IL
WI
MI
NY
MA
OR
OH
PA
NJ
CT
RI
CA
UT
MO
KY
WV
VA
MD
NM
KS
AR
TN
SC
HI
OK
MS
AL
GA
FL

Part of a family of 1 related entity

  • Marine Corps Association · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MARINE CORPS ASSOCIATION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MARINE CORPS ASSOCIATION FOUNDATION?
MARINE CORPS ASSOCIATION FOUNDATION (Virginia) receives grants from 45 organizations whose IRS filings report $1,699,710 to it, the largest being TIMOTHY T DAY FOUNDATION INC ($500,000). 25 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MARINE CORPS ASSOCIATION FOUNDATION have?
IRS filings report 45 organizations giving $1,699,710 in grants to MARINE CORPS ASSOCIATION FOUNDATION, 25 of which have funded it in more than one year.
Who is the largest funder of MARINE CORPS ASSOCIATION FOUNDATION?
TIMOTHY T DAY FOUNDATION INC is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
How can an organization like MARINE CORPS ASSOCIATION FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 45 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing