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New York · Nonprofit

SUNY MARITIME FOUNDATION INC

SUNY MARITIME FOUNDATION INC (New York) receives grants from 30 organizations whose IRS filings report $2,644,338 to it, the largest being THE INDEPENDENT CHARITABLE GIFT FUND ($1,145,000). 12 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$4.2M
Funders on record
30
Grants received
$2.6M
Net assets
$19M
12/30 repeat funderspeak grant-dependency 12%
01What it does

What Suny Maritime Foundation Inc does

Mission

The suny maritime foundation, inc. Is the primary organization to raise and manage private financial support for suny maritime college. This support assists suny maritime to achieve its mission and vision while at the same time enriching the educational quality of the college, the students and faculty.

As stated on its FY2025 Form 990.

Programs

  1. Grantmaking program:the foundation supports and provides financial assistance to suny maritime college (the "college") by soliciting, accepting, and managing private financial support from individuals, corporations, foundations, and other organizations. Such funding is used to provide scholarships and further the educational objectives of the college.

    $2,222,538 spentof which $1,448,900 as grants
    99% of program spending
  2. Boat donation program:suny maritime college operates a boat donation program to raise additional resources to support the waterfront's programs and to provide additional inventory for students to use for training and other recreational purposes. The assets currently overseen include: power boats, sailing vessels, and trailers. In addition to being a revenue generating program for the college/foundation, the boat donation expands connections for the college among the sailing community.

    $14,369 spent$627,816 earned by the program
    1% of program spending
  3. Athletics program:the office of athletics offers a wide array of sport activities, fitness programs, and recreational facilities for the entire campus community. Varsity athletics includes 13 ncaa division iii teams, men's rowing, and co-ed sailing teams. Club sports include ice hockey, rifle, and rugby. Intramural sports are offered throughout the year, with offerings based on student engagement. The department of physical education offers classes in swimming, yoga, martial arts, and powerboat handing,among others.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,236,907.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($11M) Expenses 100 ($1.1M) Net assets 100 ($11M)2020 Revenue 25 ($2.9M) Expenses 166 ($1.8M) Net assets 109 ($12M)2021 Revenue 22 ($2.5M) Expenses 242 ($2.6M) Net assets 125 ($14M)2022 Revenue 27 ($3.1M) Expenses 256 ($2.8M) Net assets 116 ($13M)2023 Revenue 24 ($2.8M) Expenses 200 ($2.2M) Net assets 127 ($14M)2024 Revenue 24 ($2.8M) Expenses 202 ($2.2M) Net assets 145 ($16M)2025 Revenue 37 ($4.2M) Expenses 235 ($2.6M) Net assets 167 ($19M)
2019202020212022202320242025
Revenue (37)Expenses (235)Net assets (167)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 2024 to 2025, from $16M to $19M (+16%).

$11M
$12M
$14M
$13M
$14M
$16M
$19M
2019202020212022202320242025
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.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

85% of SUNY MARITIME FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$10M
’19
$1.1M
’20
−$129k
’21
$332k
’22
$629k
’23
$599k
’24
$1.7M
’25
23
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.

Board chair

John Bree

Chairman

As listed on its FY2025 Form 990.

2019202020212022202320242025
Listed11121212141314
Joined·+2+1+1+4+1+4
No longer listed·111223
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 14 funders, grant income rose $8k → $288k.

12 of 30 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 77% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SUNY MARITIME FOUNDATION INC’s funders (the co-funder graph). 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

SUNY MARITIME FOUNDATION INC leans on a few funders — its largest provides 43% of grant income and the top three 68%; half comes from just 2 funders.

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

91% 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 SUNY MARITIME FOUNDATION INC.

43%
largest funder
68%
top three
~4
effective funders

Largest funder’s share by year: 2017 96% · 2018 100% · 2019 97% · 2020 71% · 2021 42% · 2022 46% · 2023 25% — 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

46% of SUNY MARITIME FOUNDATION INC's funders are still giving 3 years after their first grant; 40% give in more than one year at all.

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

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

77% of SUNY MARITIME FOUNDATION INC'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 $597k that is directly attributable, 63% of it comes from New York funders.

NY
PA
NJ
CT
CA
VA
MD
DE
GA
TX

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

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

Funder states come from each funder’s own filing. $2.0M arriving through sponsors registered in 9 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

SUNY MARITIME FOUNDATION INC runs a healthier operating margin than three-quarters of the 9,615 education nonprofits its size.

Operating margin39% · top quartile
Months of reserve23.0mo · top quartile
Revenue growth (annualized)−15% · bottom quartile

this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025

Organizations like SUNY MARITIME FOUNDATION INC

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 New York

Nationally

05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 9%Fundraising 3%

Governance

12
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

84%

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

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for SUNY MARITIME FOUNDATION INC: 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 SUNY MARITIME FOUNDATION INC?
SUNY MARITIME FOUNDATION INC (New York) receives grants from 30 organizations whose IRS filings report $2,644,338 to it, the largest being THE INDEPENDENT CHARITABLE GIFT FUND ($1,145,000). 12 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SUNY MARITIME FOUNDATION INC have?
IRS filings report 30 organizations giving $2,644,338 in grants to SUNY MARITIME FOUNDATION INC, 12 of which have funded it in more than one year.
Who is the largest funder of SUNY MARITIME FOUNDATION INC?
THE INDEPENDENT CHARITABLE GIFT FUND is the largest funder on record, with $1,145,000 in grants. The full list of funders is on this page.
How can an organization like SUNY MARITIME FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 2019–2025), and the filings of 30 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