2025-11-17T11:29:49-06:00 2024-12-31 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2024-01-01 237063084 NAVAL WAR COLLEGE FOUNDATION INC NAVA 4018488300 686 CUSHING ROAD NEWPORT RI 028411213 GEORGE E LANG JR USN RET CHIEF EXECUTIVE OFFICER 4018488300 2025-11-17 1 1 CRAIG KLEIN P00734640 6178075000 2025-11-17 2024 2025-03-06 01:10:19Z GEORGE E LANG JR USN 686 CUSHING ROAD NEWPORT RI 028411213 4827228 0 X WWW.NWCFOUNDATION.ORG X 1969 RI SEE SCHEDULE O. 28 28 20 35 35707 3105 13175016 2299637 0 0 5074835 1168313 -162548 -9092 18087303 3458858 1868975 1178254 0 0 1490889 1951826 285000 79179 1009571 1195829 1235846 4840693 4445105 13246610 -986247 66658457 71969013 838299 464195 65820158 71504818 SEE SCHEDULE O. 0 0 1178254 1178254 GRANTS TO THE NAVAL WAR COLLEGE TO ENHANCE THE EDUCATIONAL BENEFIT IN ITS WORLD-RENOWNED ACADEMIC, RESEARCH, ANALYSIS AND WAR GAMING PROGRAMS. 1294700 INFORMATION OUTREACH AND OTHER PROGRAMS DESIGNED TO INCREASE AWARENESS OF THE NAVAL WAR COLLEGE NATIONALLY AND INTERNATIONALLY. 35707 THE FOUNDATION OPERATES A STORE IN THE NAVAL WAR COLLEGE MUSEUM WHICH SELLS NAVAL WAR COLLEGE GIFTS AND MEMORABILIA AND U.S. NAVAL HISTORY PUBLICATIONS. 2472954 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 40 0 1 20 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X GEORGE E LANG JR 4018488303 686 CUSHING ROAD NEWPORT RI 028411213 MR DANIEL E HOLLAND III CHAIRMAN 5.00 X X 0 0 0 RDML AB CRUZ III USN RET VICE-CHAIRMAN 5.00 X X 0 0 0 RADM JULIUS S CAESAR USNRET TREASURER 5.00 X X 0 0 0 MR MITCHELL B WALDMAN SECRETARY 5.00 X X 0 0 0 MR GREGORY ANNICK TRUSTEE 1.00 X 0 0 0 HONORABLE ERIK P BETHEL TRUSTEE 1.00 X 0 0 0 MR BEN BLACK TRUSTEE 1.00 X 0 0 0 MR DUNCAN A CHAPMAN TRUSTEE 1.00 X 0 0 0 MRS NANCY CUSHING EVANS TRUSTEE 1.00 X 0 0 0 MR DOMINIC A DANNESSA PHD TRUSTEE 1.00 X 0 0 0 MR PAUL A DIMITRUK TRUSTEE 1.00 X 0 0 0 AMBASSADOR PAULA J DOBRIANSKY TRUSTEE 1.00 X 0 0 0 MR PHILIP DUNMIRE TRUSTEE 1.00 X 0 0 0 MR JAMES EAGAN TRUSTEE 1.00 X 0 0 0 MR JUSTIN FREEH TRUSTEE 1.00 X 0 0 0 CAPT CHRISTOPHER GOODE USN RET TRUSTEE 1.00 X 0 0 0 CAPT DAVID P HUNTER USN RET TRUSTEE 1.00 X 0 0 0 MR RALPH H ISHAM TRUSTEE 1.00 X 0 0 0 MR CARL C LIEBERT TRUSTEE 1.00 X 0 0 0 HONORABLE RONALD MACHTLEY TRUSTEE 1.00 X 0 0 0 CRD BYRON F MARCHANT ESQ TRUSTEE 1.00 X 0 0 0 MR DOUGLAS MATTHEWS TRUSTEE 1.00 X 0 0 0 MR JAMES S METCALF TRUSTEE 1.00 X 0 0 0 MR HOWARD MORGAN TRUSTEE 1.00 X 0 0 0 MR DOUGLAS L NEWHOUSE TRUSTEE 1.00 X 0 0 0 MS BARBARA SCHOENFELD TRUSTEE 1.00 X 0 0 0 MR J RONALD TEWILLGER TRUSTEE 1.00 X 0 0 0 MR ARCHBOLD D VAN BEUREN TRUSTEE 1.00 X 0 0 0 DR STEPHANIE BENNETT SMITH TRUSTEE (UNTIL 3/1/24) 1.00 X 0 0 0 MR DUNCAN H COCROFT TRUSTEE (UNTIL 6/14/24) 1.00 X 0 0 0 HONORABLE MICHAEL W COULTER TRUSTEE (UNTIL 6/10/24) 1.00 X 0 0 0 MR BENJAMIN W PARTRIDGE IV TRUSTEE (UNTIL 10/11/24) 1.00 X 0 0 0 MR DANIEL P QUIGLEY TRUSTEE (UNTIL 6/10/24) 1.00 X 0 0 0 MR KEVIN J ROCHFORD TRUSTEE (UNTIL 6/10/24) 1.00 X 0 0 0 MR DWIGHT D SIPPRELLE TRUSTEE (UNTIL 6/14/24) 1.00 X 0 0 0 CAPT GEORGE E LANG JR USN PRESIDENT & CEO 40.00 X 297538 0 17721 VICTOR STANESCU CFO & DEE 40.00 X 135871 0 18528 BENJAMIN HOGAN CFO 40.00 X 74945 0 6290 CATHLEEN COYLE WEBSTER CDO 40.00 X 240000 0 14400 ALEXA WALUK CMO 40.00 X 142266 0 26403 KIMBERLY BERRY DIRECTOR OF DEVELOPMENT 40.00 X 138000 0 19553 1028620 0 102895 5 0 1 0 DATOC WITTEN GROUP 13145 APPLEGROVE LANE HENDON VA 20171 FUNDRAISING & MARKETING CONSULTANT 201293 1 644947 1654690 309398 2299637 1005032 1005032 1281242 1117961 163281 163281 163281 152100 644947 196899 -44799 -44799 89217 53510 35707 35707 3458858 0 35707 1123514 1117004 1117004 37000 37000 24250 24250 924154 205311 314173 404670 718368 320764 219920 177684 84567 26483 25878 32206 104649 34116 33383 37150 120088 39149 38308 42631 750 750 3733 3733 84027 27057 28653 28317 79179 79179 91324 91324 353571 353571 210374 105187 105187 38411 38411 137849 45491 85466 6892 13663 13663 155296 77648 77648 9424 9424 736 368 368 43010 21505 21505 POSTAGE & SHIPPING 37204 18630 18574 PAYCHEX FEES 23839 7628 7628 8583 TELEPHONE 12928 6464 6464 SUPPLIES 10656 5328 5328 9051 9051 4445105 2472954 962580 1009571 621404 435462 1302926 404737 600123 383463 29264 18305 37202 44955 31135 48862 143597 141023 3309 2574 5146726 6210714 58818770 64352343 67598 67598 66658457 71969013 646009 237881 192290 226314 838299 464195 X 16214962 18431206 49605196 53073612 65820158 71504818 66658457 71969013 -986247 6670907 0 X 0 1 X 1 0 X 2265052 3754699 2171985 13175016 2299637 23666389 45750 74303 74303 74303 74303 342962 2310802 3829002 2246288 13249319 2373940 24009351 10558132 13451219 1427193 1445222 1563233 890612 960233 6286493 30295844 365043 0.44400 0.32860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67598 X X X X 0 43657446 100657 4548577 545737 495907 47265036 35519196 6131787 3169533 737219 425851 43657446 35515685 19063 1220708 861821 374439 35519196 32029658 1258363 3438894 812125 399105 35515685 23254450 9864524 -121981 829871 137464 32029658 0.00000 1.00000 0.00000 0 0 143597 141023 2574 2574 U.S. TREASURIES 7897162 F GLOBAL EQUITY FUND 18275742 F MULTI-ASSET FUND 3798282 F CENTERSTONE FUND 5373350 F KEYSTONE FUND 29007807 F 64352343 ANNUITY PAYABLE 226314 226314 X 10334088 6670907 98748 196899 6966554 3367534 91324 91324 3458858 4649428 98748 196899 295647 4353781 91324 91324 4445105 PART III, LINE 1A: THE FOUNDATION HAS A COLLECTION WHICH CONSISTS OF PAINTINGS, SCULPTURES, CHARTS, MEMOIRS, LETTERS AND OTHER RARE BOOKS AND MEMORABILIA OF HISTORICAL SIGNIFICANCE TO THE NAVY AND THE NAVAL WAR COLLEGE. THIS COLLECTION IS CURRENTLY LOANED TO THE NAVAL WAR COLLEGE FOR DISPLAY IN THE NAVAL WAR COLLEGE MUSEUM AND IN THE VARIOUS NAVAL WAR COLLEGE BUILDINGS. POST 1991 COLLECTION ITEMS DONATED TO THE FOUNDATION ARE NOT CAPITALIZED AS NO ESTIMATION OF FAIR VALUE IS READILY DETERMINABLE. PART III, LINE 4: THE FOUNDATION HAS A COLLECTION WHICH CONSISTS OF PAINTINGS, SCULPTURES, CHARTS, MEMOIRS, LETTERS AND OTHER RARE BOOKS AND MEMORABILIA OF HISTORICAL SIGNIFICANCE TO THE NAVY AND THE NAVAL WAR COLLEGE. THIS COLLECTION IS CURRENTLY LOANED TO THE NAVAL WAR COLLEGE FOR DISPLAY IN THE NAVAL WAR COLLEGE MUSEUM AND IN THE VARIOUS NAVAL WAR COLLEGE BUILDINGS. PART V, LINE 4: ENDOWMENT FUNDS ARE USED FOR MANY DIFFERENT PURPOSES INCLUDING, BUT NOT LIMITED TO, ACADEMIC CHAIRS, LECTURE SERIES, BOOK FUNDS, EDUCATIONAL AWARDS AND ELECTIVE COURSES. PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE FOUNDATION HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS A TAX POSITION; HOWEVER, THE FOUNDATION HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE FOUNDATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. ITS FEDERAL TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE PAST THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSE OF SPECIAL EVENTS 196,899. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSE OF SPECIAL EVENTS 196,899. 1 SOUTH ASIA 0 0 GRANTMAKING 2000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 15750 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 1000 SOUTH AMERICA 0 0 GRANTMAKING 500 NORTH AMERICA 0 0 GRANTMAKING 5000 0 0 0 0 0 0 24250 0 24250 AWARDS EUROPE (INCLUDING ICELAND & GREENLAND) 6 15750 CHECKS AWARDS SOUTH ASIA 2 2000 CHECKS AWARDS MIDDLE EAST AND NORTH AFRICA 1 1000 CHECKS AWARDS SOUTH AMERICA 1 500 CHECKS V NORTH AMERICA 1 5000 CHECKS 0 0 0 0 0 0 PART I, LINE 2: THE COLLEGE NOTIFIES THE FOUNDATION OF AWARD/FELLOWSHIP WINNERS. THE FINANCIAL DIRECTOR ISSUED W-8BEN FORMS TO FOREIGN RESIDENTS FOR COMPLETION PRIOR TO RECEIVING GRANT FUNDS. 30% IS WITHHELD UPFRONT TO COMPLY WITH IRS REGULATIONS. W-8 FORMS ARE USED AS SUPPORT FOR PREPARATION AND FILING OF FORMS 1042. THE FINANCIAL DIRECTOR PREPARES CHECKS FOR THE CHIEF EXECUTIVE OFFICER TO SIGN. THE SIGNED CHECKS ARE DELIVERED TO THE COLLEGE FOR PRESENTATION AT AN AWARDS CEREMONY. X X X X X 1 DATOCWITTEN GROUP INC 13145 APPLEGROVE LANE HERNDON VA 20171 GENERAL FUNDRAISING 0 0 63800 0 63800 SENTINEL OF THE SEAS 562372 487672 74700 7930 55807 4666 14894 NEWPORT SUMMER SYMPOSIUM 118200 81000 37200 7931 33155 5444 4804 2 116475 76275 40200 32790 11593 1441 16444 797047 644947 152100 48651 100555 11551 36142 196899 -44799 1 NAVAL WAR COLLEGE 686 CUSHING ROAD NEWPORT RI 02841 050517246 U.S. NAVY 1117004 0 SUPPORT PROGRAMS AT COLLEGE THAT ARE NOT FUNDED BY THE GOVERNMENT 1 0 STUDENT AWARDS AND PRIZES 27 37000 PART I, LINE 2: THE COLLEGE SUBMITS A PROPOSED BUDGET WITHIN THE GUIDELINES GIVEN THEM BY THE FOUNDATION. THE BUDGET IS APPROVED BY THE BOARD OF TRUSTEES. WHENEVER A REQUEST IS MADE FOR ANY OF THE BUDGETED FUNDS IT COMES IN A MEMO FROM THE PROVOST'S OFFICE, ALONG WITH SUPPORTING DOCUMENTATION. THE ORGANIZATION'S CHIEF FINANCIAL OFFICER REVIEWS THE DOCUMENTATION TO ENSURE THE FUNDS ARE BEING USED FOR THE APPROVED PURPOSE. THE CHIEF FINANCIAL OFFICER THEN SENDS A CHECK SIGNED BY THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER (AND A BOARD MEMBER, IF OVER $25,000) X X X X 0 0 0 0 0 0 0 1 0 CAPT GEORGE E LANG JR USN PRESIDENT & CEO 276538 0 21000 0 0 0 16609 0 1112 0 315259 0 0 0 CATHLEEN COYLE WEBSTER CDO 230000 0 10000 0 0 0 14400 0 0 0 254400 0 0 0 ALEXA WALUK CMO 137266 0 5000 0 0 0 8535 0 17868 0 168669 0 0 0 KIMBERLY BERRY DIRECTOR OF DEVELOPMENT 132000 0 6000 0 0 0 3192 0 16361 0 157553 0 0 0 VICTOR STANESCU CFO & DEE 135871 0 0 0 0 0 6927 0 11601 0 154399 0 0 0 PART I, LINE 7 BONUS PAYMENTS WERE APPROVED BY THE CHAIRMAN IN CONSULTATION WITH ELECTED OFFICERS OF THE BOARD OF TRUSTEES. X 15 309398 FMV 0 0 1 1 PART I, COLUMN (B): THE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS IN EACH CATEGORY. PART I, LINE 32B: CONTRIBUTIONS OF STOCK ARE SENT DIRECTLY TO FIDELITY INVESTMENTS, THE CLEARING HOUSE FOR SLOCUM GORDON, OUR INVESTMENT ADVISOR. THE FOUNDATION IS MAILED A CONFIRMATION USING THE MEAN MARKET VALUE OF THE STOCK WHEN IT IS RECEIVED AT FIDELITY. SLOCUM GORDON DETERMINES WHETHER OR NOT TO SELL THE STOCK. FORM 990 PART 1, LINE 1 AND PART III, LINE 1 HELP THE NAVAL WAR COLLEGE TO: A. DEVELOP STRATEGIC AND OPERATIONAL LEADERS: PROVIDE PROFESSIONAL MILITARY EDUCATION PROGRAMS THAT ARE CURRENT, RIGOROUS, RELEVANT, AND ACCESSIBLE TO THE MAXIMUM NUMBER OF QUALIFIED U.S. OFFICERS AND NAVY ENLISTED PERSONNEL, CIVILIAN EMPLOYEES OF THE U.S. GOVERNMENT AND NON-GOVERNMENTAL ORGANIZATIONS, AND INTERNATIONAL OFFICERS. B. HELP THE CHIEF OF NAVAL OPERATIONS DEFINE THE FUTURE NAVY AND ITS ROLES AND MISSIONS: CONDUCT RESEARCH, ANALYSIS, AND GAMING TO SUPPORT THE REQUIREMENTS OF THE SECRETARY OF THE NAVY, THE CHIEF OF NAVAL OPERATIONS, THE COMBATANT COMMANDERS, THE NAVY COMPONENT COMMANDERS, THE NAVY'S NUMBERED FLEET COMMANDERS, OTHER NAVY AND MARINE CORPS COMMANDERS, THE U.S. INTELLIGENCE COMMUNITY, AND OTHER DEPARTMENTS AND AGENCIES OF THE U.S. GOVERNMENT. C. SUPPORT COMBAT READINESS: CONDUCT TRAINING, EDUCATION, LEADERSHIP, AND ASSESSMENT ACTIVITIES TO SUPPORT THE ABILITY OF THE NAVY'S JOINT FORCE MARITIME AND NAVY COMPONENT COMMANDERS TO FUNCTION EFFECTIVELY AS OPERATIONAL COMMANDERS. D. STRENGTHEN MARITIME SECURITY COOPERATION: BRING TOGETHER SENIOR AND INTERMEDIATE LEVEL NAVAL OFFICERS FROM OVER 120 OTHER NATIONS TO DEVELOP LEADERS FOR HIGH COMMAND IN THEIR NAVIES; PROMOTE AN OPEN EXCHANGE OF PROFESSIONAL VIEWS; ENCOURAGE FRIENDSHIP AND COOPERATION; AND STUDY OPERATIONAL PLANNING METHODS. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS DISTRIBUTED TO THE BOARD OF TRUSTEES AND ITS AUDIT COMMITTEE MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EVERY MEMBER OF THE BOARD AND STAFF ARE REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE ORGANIZATION HAS A PROGRAM COMMITTEE WHICH REVIEWS POTENTIAL GRANTS AND MAJOR GIFTS PRIOR TO ACCEPTING THEM. IT IS THEIR RESPONSIBILITY TO ENSURE THE ORGANIZATION IS NOT ENTERING INTO ANY AGREEMENTS THAT POSE CONFLICTS OR LEGAL ISSUES. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD OF TRUSTEES' COMPENSATION SUBCOMMITTEE (COMPRISED ENTIRELY OF INDEPENDENT BOARD MEMBERS) REVIEWS AND RECOMMENDS FOR APPROVAL THE BASE COMPENSATION AND BONUS LEVELS FOR C-SUITE EXECUTIVES TO THE CHAIRMAN OF THE BOARD OF TRUSTEES, VIA THE CHAIRMAN OF THE NOMINATING & GOVERNANCE COMMITTEE, TREASURER, AND VICE CHAIRMAN, MOST OF WHOM HAVE EXTENSIVE EXPERIENCE IN SETTING EXECUTIVE COMPENSATION. THIS PROCESS INCLUDES THE USE OF DOCUMENTED COMPARABILITY DATA AND LEVERAGES THE TRUSTEES' KNOWLEDGE OF ECONOMIC CONDITIONS, THE FISCAL STRENGTH OF THE ORGANIZATION, THEIR KNOWLEDGE OF SIMILAR ORGANIZATIONS (OFTENTIMES FROM PERSONAL INVOLVEMENT), THE RESPONSIBILITIES OF THE POSITION IN QUESTION, AND EXTERNAL RESEARCH (USUALLY ON THE WEB). OTHER NON-EXECUTIVE STAFF COMPENSATION AND BONUSES ARE DETERMINED BY THE CEO IN CONSULTATION WITH ELECTED BOARD OFFICERS AND THE COMPENSATION SUBCOMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, FORMS 990 AND 990-T AND OTHER GOVERNING DOCUMENTS CAN BE VIEWED UPON REQUEST.