Connecticut · Nonprofit
US SUBMARINE VETERAN CHARITABLE FOUNDATION INC
US SUBMARINE VETERAN CHARITABLE FOUNDATION INC (Connecticut) receives grants from 8 organizations whose IRS filings report $68,058 to it, the largest being THE MINNEAPOLIS FOUNDATION ($30,000). 4 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $633k
- Funders on record
- 8
- Grants received
- $68k
- Net assets
- $1.4M
What US Submarine Veteran Charitable Foundation Inc does
Mission
Construction and maintenance of submarine related monuments and memorials. Scholarships to subvet children and grandchildren, maintenance and expansion of a submarine related library, education about the deeds of us submarines, support of various museum submarines.
As stated on its FY2025 Form 990.
Programs
Scholarship program. During fy 12/31/2025, 83 scholarships were awarded to relatives of current and former submarine veterans. Recipients in both the high school and college categories received grants ranging from 1,500 to 2,200. The total amount awarded in fy 12/31/25 was 182,100
$182,100 spentof which $182,100 as grants59% of program spendingKaps 4 kids program. Submarine veterans visit local hospitals to meet with children with cancer or other life-threatening conditions. Each child is given a submariner's ball cap and an honorary submariner certificate.
$9,206 spentof which $9,206 as grants3% of program spendingMemorial program. During fy 12/31/2025 the foundation used 27,166 to improve and maintain memorials in the u.s.
$27,166 spentof which $27,166 as grants9% of program spendingBrotherhood and other assistances
$90,588 spentof which $75,320 as grants29% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $309,060.
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.
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 $978k to $1.4M (+39%).
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.
Government-grant reliance: 2018 7%. Grants only. Government contracts and fees sit inside program revenue.
58% of US SUBMARINE VETERAN CHARITABLE FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
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.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $7k → $2k.
5 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% 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 US SUBMARINE VETERAN CHARITABLE 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
US SUBMARINE VETERAN CHARITABLE FOUNDATION INC leans on a few funders — its largest provides 44% of grant income and the top three 78%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
99% 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 US SUBMARINE VETERAN CHARITABLE FOUNDATION INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 90% · 2021 93% · 2022 70% · 2023 100% — broadly stable.
“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
50% of US SUBMARINE VETERAN CHARITABLE FOUNDATION INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
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
99% of US SUBMARINE VETERAN CHARITABLE 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 $975 that is directly attributable, 95% of it comes from funders outside Connecticut, across 3 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $67k arriving through sponsors registered in 5 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.
Against its field
US SUBMARINE VETERAN CHARITABLE FOUNDATION INC runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.
this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025
Organizations like US SUBMARINE VETERAN CHARITABLE 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 Connecticut
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for US SUBMARINE VETERAN CHARITABLE 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.
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 US SUBMARINE VETERAN CHARITABLE FOUNDATION INC?
- US SUBMARINE VETERAN CHARITABLE FOUNDATION INC (Connecticut) receives grants from 8 organizations whose IRS filings report $68,058 to it, the largest being THE MINNEAPOLIS FOUNDATION ($30,000). 4 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does US SUBMARINE VETERAN CHARITABLE FOUNDATION INC have?
- IRS filings report 8 organizations giving $68,058 in grants to US SUBMARINE VETERAN CHARITABLE FOUNDATION INC, 4 of which have funded it in more than one year.
- Who is the largest funder of US SUBMARINE VETERAN CHARITABLE FOUNDATION INC?
- THE MINNEAPOLIS FOUNDATION is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
- How can an organization like US SUBMARINE VETERAN CHARITABLE FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds US Submarine Veteran →
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 8 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 14, 2026. What this page cannot tell you · view filing