2023-09-21T08:26:42-05:00 2022-12-31 420714325 RSM US LLP 1001 WATER ST STE 500 TAMPA FL 33602 990 2022-01-01 311728910 NAVY SEAL FOUNDATION INC NAVY 7577445326 1619 D STREET BLDG 5326 VIRGINIA BEACH VA 23459 ROBIN R KING CEO 7577445326 2023-09-20 1 ROBIN KING XXX-XX-XXXX 0 KRISTEN BARNETT P01234578 8133162300 2023-09-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBIN R KING 1619 D STREET BLDG 5326 VIRGINIA BEACH VA 23459 41640849 0 X WWW.NAVYSEALFOUNDATION.ORG X 2000 VA SEE SCHEDULE O.THE NAVY SEAL FOUNDATION PROVIDES CRITICAL SUPPORT FOR THE WARRIORS, VETERANS, AND FAMILIES OF NAVAL SPECIAL WARFARE. IT PROVIDES A COMPREHENSIVE SET OF OVER 30 ESSENTIAL PROGRAMS FOR SEALS, SWCCS, VETERANS, AND THEIR FAMILIES UNDER FIVE PILLARS OF SUPPORT - STRENGTH, RESILIENCE, HEALTH, EDUCATION, AND COMMUNITY. WE STAND AT THE FOREFRONT OF CRUCIAL CARE FOR THIS UNIQUE COMMUNITY. WE ARE THERE TO HELP KEEP OUR WARRIORS IN THE FIGHT. WE ARE THERE TO HELP THEM TRANSITION TO SUCCESSFUL CAREERS IN THE CIVILIAN SECTOR. WE ARE THERE TO HELP THEIR FAMILIES EVERY STEP OF THE WAY. AND UNDER THE TRAGIC CIRCUMSTANCES THAT A MEMBER OF NSW DOES NOT COME HOME, WE ARE THERE TO ASSIST AS WELL. 21 21 24 260 145701 122448 30830596 35358464 0 0 4070391 4692090 -3810775 -4828602 31090212 35221952 16203118 21463580 0 0 2501606 2799146 92000 106737 920492 2136356 2536637 20933080 26906100 10157132 8315852 134766259 139015796 3193109 13468711 131573150 125547085 X THE NAVY SEAL FOUNDATION PROVIDES CRITICAL SUPPORT FOR THE WARRIORS, VETERANS, AND FAMILIES OF NAVAL SPECIAL WARFARE. 0 0 8874511 7726444 0 HEALTH: ENHANCING PHYSICAL & MENTAL WELLNESS. LIFE IN NSW CAN TAKE ITS TOLL ON OUR WARRIORS AND THEIR FAMILIES, BOTH PHYSICALLY AND MENTALLY. WHEN AN ACTIVE DUTY SEAL OR SWCC IS INJURED OR BECOMES CRITICALLY ILL, PROGRAMS UNDER OUR HEALTH PILLAR PROVIDE FINANCIAL AND LOGISTICAL SUPPORT SO THEIR FOCUS CAN BE ON HEALING. WE ALSO PROVIDE ASSISTANCE WHEN FAMILY MEMBERS BECOME CRITICALLY ILL. IN ADDITION, MANY OF OUR SERVICE MEMBERS AND VETERANS DEAL WITH THE CHRONIC EFFECTS OF SUSTAINED COMBAT.NSF PROVIDES A SPECIALIZED PROGRAM AIMED AT ADDRESSING THEIR UNIQUE PHYSICAL AND MENTAL CONCERNS, WHILE OPTIMIZING THEIR QUALITY OF LIFE. WE ALSO MAINTAIN CONNECTIONS TO CLINICAL PSYCHOLOGISTS SKILLED IN ADDRESSING THEIR SPECIFIC MENTAL HEALTH ISSUES, AND ACCESS TO CUTTING EDGE TREATMENT MODALITIES. THE NAVY SEAL FOUNDATION IS COMMITTED TO KEEPING OUR WARRIORS, FAMILIES, AND VETERANS HEALTHY. 4579391 3970749 0 RESILIENCE: ADDRESSING TRAGEDY & AIDING RECOVERY. NSF IS HERE FOR THE WARRIORS, VETERANS AND FAMILIES OF NSW WHEN THE WORST HAPPENS; TO ASSIST WITH TRAGEDY, AND AID IN RECOVERY. PROGRAMS UNDER OUR RESILIENCE PILLAR HELP FAMILIES OF THE FALLEN (GOLD STAR FAMILIES) WITH IMMEDIATE FINANCIAL ASSISTANCE TO COVER COSTS ASSOCIATED WITH THE DIGNIFIED TRANSFER OF REMAINS AND MEMORIAL SERVICES, AS WELL AS TRAVEL EXPENSES.NSF CONTINUES TO PROVIDE A VARIETY OF VITAL SERVICES TO CHILDREN, SPOUSES, AND PARENTS OF FALLEN WARRIORS IN THE YEARS FOLLOWING THEIR LOSS INCLUDING GRIEF COUNSELING, RETREATS, REMEMBRANCE GIFTS, AND SPECIALIZED KIDS CAMPS. ADDITIONALLY, WE PROVIDE SUPPORT IN THE UNFORTUNATE CASE OF A VETERAN DEATH AND ASSISTANCE FOR THE WARRIOR WHO SUFFERS THE LOSS OF A PARENT OR SIBLING. THE NAVY SEAL FOUNDATION IS COMMITTED TO KEEPING OUR WARRIORS, FAMILIES, AND VETERANS RESILIENT. 4481865 3901541 0 STRENGTH: BUILDING CAPABILITIES & REDUCING STRESSORS. THE MEMBERS OF THE SEAL COMMUNITY AND THEIR FAMILIES ARE INCREDIBLY STRONG. BUT EVEN OUR MOST ELITE TEAM BENEFITS FROM A SUPPORT STRUCTURE THAT REDUCES THE VARIOUS STRESSORS IN THEIR LIVES, AND BUILDS THEIR CAPABILITIES. PROGRAMS UNDER OUR STRENGTH PILLAR PROVIDE ASSISTANCE TO ACTIVE DUTY SERVICE MEMBERS IN THE FORM OF RESPITE CARE, MORALE-BUILDING EVENTS, COMMAND ALL-CALLS, AND MUCH MORE.NSF HAS ALSO PARTNERED WITH WORLD-CLASS INSTITUTES AND OTHER NON-PROFITS, AS WELL AS EXPERTS IN NETWORKING, RESUME BUILDING, AND MENTORSHIP OPPORTUNITIES TO ASSIST NSW MEMBERS AND THEIR FAMILIES WHEN THEY TRANSITION OUT OF THE MILITARY. WE ADDITIONALLY PROVIDE EMERGENCY FUNDING FOR VETERANS IN SUPPORT OF ANY FINANCIAL HARDSHIP. THE NAVY SEAL FOUNDATION IS COMMITTED TO KEEPING OUR WARRIORS, FAMILIES, AND VETERANS STRONG. 3648567 3174544 0 EDUCATION: PROVIDING SCHOLARSHIPS & DEVELOPMENT OPPORTUNITIES. INSIDE THE NAVY SEAL COMMUNITY, SCHOOL AND DEVELOPMENT OPPORTUNITIES CAN BE A CHALLENGE. THIS IS TRUE FOR BOTH WARRIORS AND FAMILIES. PROGRAMS UNDER OUR EDUCATION PILLAR EMPOWER ACTIVE-DUTY NSW PERSONNEL, THEIR SPOUSES AND CHILDREN, AS WELL AS OUR SEAL AND SWCC POST-9/11 VETERANS AND THEIR CHILDREN, BY AWARDING SCHOLARSHIPS FOR HIGHER EDUCATION. WE ALSO SUPPORT QUALITY EDUCATION OPTIONS FOR DEPENDENT CHILDREN IN GEOGRAPHICALLY SEPARATED DUTY LOCATIONS WHERE CHOICES MATTER TO THE OVERALL SUCCESS OF THE STUDENT.ADDITIONALLY, NSF PROVIDES FUNDING FOR STANDARDIZED COLLEGE ENTRANCE EXAMS FOR QUALIFIED TRANSITIONING NSW SERVICE MEMBERS. ALL THIS SUPPORT AUGMENTS FUNDING ACCESSIBLE THROUGH NAVY PROGRAMS AND PROVIDES ADDITIONAL FINANCIAL RESOURCES NOT OTHERWISE AVAILABLE. THE NAVY SEAL FOUNDATION IS COMMITTED TO THE EDUCATION OF OUR WARRIORS, FAMILIES, AND VETERANS. 3103370 2690302 0 COMMUNITY: EMPOWERING CONNECTIONS & PRESERVING LEGACY. THE SEAL COMMUNITY IS BUILT ON A PROUD TRADITION THAT GOES BACK TO THE UDTS OF WWII. THIS HISTORY AND HERITAGE IS ONE OF EXTRAORDINARY ACHIEVEMENTS AND EXCEPTIONAL COURAGE. THE DEEDS OF THESE WARRIORS DESERVE TO BE REMEMBERED AND RECOGNIZED. AND FOR THE COMMUNITY ITSELF, WE MUST DO ALL WE CAN TO KEEP THEM CONNECTED THROUGH UNIQUE SUPPORT.PROGRAMS UNDER OUR COMMUNITY PILLAR EMPOWER THE CONTINUATION OF THIS BROTHERHOOD AND THEIR FAMILIES THROUGH THINGS LIKE SUMMER CAMPS, VETERAN RECONNECT EVENTS, AND LEGACY PRESERVATION. WE ALSO PROVIDE FINANCIAL SUPPORT FOR NATIONAL MEMORIALS AND MONUMENTS AND OTHER TRADITION ENRICHING ACTIVITIES. THE NAVY SEAL FOUNDATION IS COMMITTED TO PRESERVING THE RICH HISTORY AND COMMUNITY OF THESE EXTRAORDINARY WARRIORS, FAMILIES, AND VETERANS. 6751937 5864846 0 24687704 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 33 0 1 24 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X X ROBIN R KING 7577445326 1619 D STREET BLDG 5326 VIRGINIA BEACH VA 23459 ROBERT HOWARD CHAIRMAN 2.00 X X 0 0 0 ROBERT SMITH VICE CHAIRMAN 2.00 X X 0 0 0 JACK DAIY TREASURER 2.00 X X 0 0 0 JELANI HALE SECRETARY 2.00 X X 0 0 0 MATT HICKEY DIRECTOR 2.00 X 0 0 0 HENRY CORNELL DIRECTOR 2.00 X 0 0 0 TOM PRESCOTT DIRECTOR 2.00 X 0 0 0 TONY DUYNSTEE DIRECTOR 2.00 X 0 0 0 SEAN PYBUS DIRECTOR 2.00 X 0 0 0 DINO MAVROOKAS DIRECTOR 2.00 X 0 0 0 CHRIS CASSIDY DIRECTOR 2.00 X 0 0 0 WILLIAM HODGE DIRECTOR 2.00 X 0 0 0 TED MUHLNER DIRECTOR 2.00 X 0 0 0 STEPHANIE OSLER DIRECTOR 2.00 X 0 0 0 MUNEER SATTER DIRECTOR 2.00 X 0 0 0 GENE MAK DIRECTOR 2.00 X 0 0 0 SEAN FREITAG DIRECTOR 2.00 X 0 0 0 MICHAEL MARTIN DIRECTOR 2.00 X 0 0 0 JOEL MARCUS DIRECTOR 2.00 X 0 0 0 ERIC ADAMSKI DIRECTOR 2.00 X 0 0 0 WILLIAM STRONG DIRECTOR 2.00 X 0 0 0 ROBIN KING CEO 40.00 X 290000 0 21455 SCOTT BURKE CFO 40.00 X 183042 0 35641 MEAGHAN MARTINAK DEVELOPMENT DIRECTOR 40.00 X 141240 0 8196 CHRIS IRWIN DIRECTOR OF PARTNERSHIPS 40.00 X 188104 0 20382 CAROLYN PETSCHLER DIRECTOR OF DEVELOPMENT 40.00 X 212590 0 20263 ALISON MESSICK DIRECTOR OF PROGRAMS 40.00 X 140352 0 23864 OWEN O'SHEA DEVELOPMENT DIRECTOR 40.00 X 128904 0 22282 1284232 0 152083 8 0 1 0 TIDEWATER ART THERAPY LLC 5004 HASSELL ST VIRGINIA BEACH VA 23455 CONSULTING SERVICES 324000 DR MIA BARTOLETTI PO BOX 213 BLAKSLEE PA 18610 CONSULTING SERVICES 196583 2 32304 25488166 9837994 1372995 35358464 385206 14064 371142 433920 0 433920 433920 433920 4306884 0 4306884 4306884 131637 4175247 1156375 25488166 6418897 -5262522 -5262522 35221952 0 145701 -282213 1699996 1699996 19763584 19763584 530139 248304 114175 167660 2053302 1011709 465202 576391 1666 780 359 527 -18817 -8813 -4053 -5951 232856 109064 50150 73642 3943 2901 1042 58327 42910 15417 106737 106737 28000 20599 7401 756131 556269 199862 479401 352684 125231 1486 345854 247390 98464 285018 209681 75337 143058 109225 33833 78123 57473 20650 CATERING,VENUE, &ENTER. 6418897 6418897 BANK CHARGES 325690 239603 86087 DUES & SUBSCRIPTIONS 33092 24345 8747 DIRECT FUNDRAISING EXP. -6418897 -6418897 26906100 24687704 1297904 920492 21732785 15511512 1643106 595025 1091363 1253869 8007504 1642106 3938610 6365398 611028 0 105623372 106504836 125995 8785156 134766259 139015796 1357544 2429875 1386851 1366627 448714 41456 0 9630753 3193109 13468711 X 125320747 119344959 6252403 6202126 131573150 125547085 134766259 139015796 8315852 -14341917 0 X X 0 1 X 1 0 X 28252693 25954166 25645382 30830596 35358464 146041301 28252693 25954166 25645382 30830596 35358464 146041301 2498433 143542868 1039708 968911 499869 451505 819126 3779119 31635 57366 122448 211449 850860 690855 317635 580930 1156375 3596655 153628524 0.93440 0.93420 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2018 AMOUNT: $ 850,860. 2019 AMOUNT: $ 690,855. 2020 AMOUNT: $ 317,635. 2021 AMOUNT: $ 580,930. 2022 AMOUNT: $ 1,156,375. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 119082103 7391953 -8910131 117563925 98040118 8203233 12838752 119082103 64896893 27339332 5803893 98040118 18281836 43328472 3311585 25000 64896893 19450336 -1168500 18281836 0.95780 0.04220 0.00000 0 0 7172234 1470816 5701418 786770 161344 625426 48500 9946 38554 6365398 HIGHVISTA DESIGNATED PORTFOLIO NS LIMITED PARTNERSHIP 106504836 C 106504836 DEPOSIT 125995 ROU ASSET 8659161 8785156 LEASE LIABILITY 9630753 9630753 X 26820189 -14341917 26662 5913492 -8401763 35221952 0 35221952 32846254 26662 5913492 5940154 26906100 0 26906100 PART V, LINE 4: SUPPORT LONG TERM NEEDS OF THE NSW COMMUNITY. PART X, LINE 2: THE FOUNDATION HAS A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE THAT STATES IT QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS EXPENSES 6,418,897. COST OF DIRECT BENEFIT TO DONORS -505,405. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS EXPENSES 6,418,897. COST OF DIRECT BENEFIT TO DONORS -505,405. X X X X X X 1 IETSO 2907 BUTTERFIELD RD OAK BROOK IL 60523 EVENT MANAGEMENT 0 5894870 106737 5788133 5894870 106737 5788133 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY NEW YORK GALA 6784297 6648172 136125 976969 MIDWEST EVENING OF TRIBUTE 5894870 5738270 156600 253849 1004816 18 13965374 13101724 863650 221944 3961319 26644541 25488166 1156375 475793 5943104 6418897 -5262522 1 THE HONOR FOUNDATION 11055 ROSELLE STREET STE 120 SAN DIEGO CA 92121 462952873 501(C)(3) 699996 0 TRANSITION ASSISTANCE: PROVIDES EDUCATIONAL CURRICULUMS TO TRANSITIONING SERVICE MEMBERS. SEALKIDS INC 516 D RIVER HWY STE 305 MOORESVILLE NC 28117 454961791 501(C)(3) 350000 0 FAMILY SUPPORT (NSW CHILDREN): PROVIDES EDUCAITONAL SERVICES TO THE NSW CHILDREN NAVY UDT-SEAL MUSEUM 3300 N HIGHWAY A1A FORT PIERCE FL 34949 592569073 501(C)(3) 150000 0 LEGACY GRANT GRATITUDE INITIATIVE 101 VINTAGE DR STE 100 RED OAK TX 75154 463306022 501(C)(3) 100000 0 EDUCATION (NSW CHILDREN): PROVIDES COLLEGE PREP ASSISTANCE TO NSW HIGH SCHOOL STUDENTS MEDAL OF HONOR MUSEUM FOUNDATION 1905 E RANDOL MIL ROAD STE B ARLINGTON TX 76001 900900556 501(C)3 250000 0 LEGACY GRANT AMERICA'S WARRIOR PARTNERSHIP 1190 INTERSTATE PARKWAY AUGUST GA 30909 471606321 501(C)3 50000 0 MENTAL HEALTH: RESEARCH GRANT HUNTERSEVEN FOUNDATION 306 THAYER STREET 2694 PROVIDENCE RI 02906 831983697 501(C)3 50000 0 MENTAL HEALTH: RESEARCH GRANT WARRIOR FOR LIFE FUND 4915 BROAD STREET VIRGINIA BEACH VA 23462 460552796 501(C)3 50000 0 FAMILY SUPPORT 8 0 STRENGTH 7899 3151546 RESILIENCE 1863 3970748 HEALTH 3212 7626444 EDUCATION 1288 2724544 COMMUNITY 12221 2290302 PART I, LINE 2: NAVY SEAL FOUNDATION SENDS OUT THE AWARD LETTERS AND HAS EACH RECIPIENT RETURN A SIGNED "ACCEPTANCE LETTER" THAT OUTLINES THE TERMS THEY NEED TO COMPLY WITH FOR THE GRANT. X X X X X 0 0 0 0 0 0 0 0 0 ROBIN KING CEO 250000 0 40000 0 0 0 9231 0 12224 0 311455 0 0 0 CAROLYN PETSCHLER DIRECTOR OF DEVELOPMENT 206340 0 6250 0 0 0 8504 0 11760 0 232854 0 0 0 SCOTT BURKE CFO 166192 0 16850 0 0 0 7382 0 28260 0 218684 0 0 0 CHRIS IRWIN DIRECTOR OF PARTNERSHIPS 177479 0 10625 0 0 0 7625 0 12757 0 208486 0 0 0 ALISON MESSICK DIRECTOR OF PROGRAMS 129727 0 10625 0 0 0 4286 0 19578 0 164216 0 0 0 OWEN O'SHEA DEVELOPMENT DIRECTOR 128904 0 0 0 0 0 0 0 22282 0 151186 0 0 0 X 45 1372992 FMV 0 0 1 1 PART I, LINE 32B: VENDOR USED TO ACCEPT AND PROCESS VEHICLE DONATIONS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY RSM US LLP, THE ORGANZIATION'S ACCOUNTING FIRM. THE CHIEF FINANCIAL OFFICER, THE CHAIR OF THE AUDIT COMMITTEE AND THE EXECUTIVE DIRECTOR REVIEW A DRAFT OF THE FORM 990. UPON COMPLETION OF THEIR REVIEW, A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, KEY EMPLOYEE, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE FOUNDATION IS A PUBLIC CHARITY AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS HAS A COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE USED A REVIEW OF COMPARABLE DATA TO REVIEW AND SET COMPENSATION OF OFFICERS AND STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. A COPY OF THE IRS DETERMINATION LETTER IS ALSO AVAILABLE ON THE WEBSITE. DOCUMENTS ARE POSTED ON THE FINANCIALS PAGE OF THE WEBSITE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. SEAL HERITAGE CENTER LLC 1619 D STREET BLDG 5326 VIRGINIA BEACH VA 23459 TO PROVIDE A FACILITY DEDICATED TO THE FOUNDATION'S FIVE AREAS OF SUPPORT VA 0 0 NAVY SEAL FOUNDATION INC HIGHVISTA DESIGNATED PORTFOLIO NS LIMITED PARTNERSHIP 200 CLARENDON STREET 50TH FLOOR BOSTON MA 02116 824094903 PRIVATE FUND INVESTMENT DE HIGHVISTA GP LIMITED PARTNERSHIP EXCLUDED 106504836 0 0 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1