2026-08-05T13:41:05-05:00 2025-12-31 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2025-01-01 237063084 NAVAL WAR COLLEGE FOUNDATION INC NAVA 4018488300 686 CUSHING ROAD NEWPORT RI 028411213 GEORGE E LANG JR USN RET CEO 4018488300 2026-08-04 1 PATRICK J MARTIN P00283486 4012742001 2026-08-04 2025 2025-03-06 01:10:19Z GEORGE E LANG JR USN R 686 CUSHING ROAD NEWPORT RI 028411213 87357628 0 X WWW.NWCFOUNDATION.ORG X 1969 RI HELP THE NAVAL WAR COLLEGE TO: (CONTINUTED ON SCHEDULE O) 34 34 20 39 43743 0 2299637 2807922 0 0 1168313 6316583 -9092 -62344 3458858 9062161 1178254 1957922 0 0 1951826 2002887 79179 0 704105 1235846 1089420 4445105 5050229 -986247 4011932 71969013 79806708 464195 709406 71504818 79097302 HELP THE NAVAL WAR COLLEGE TO: (CONTINUTED ON SCHEDULE O) 0 0 1957922 1957922 GRANTS TO THE NAVAL WAR COLLEGE TO ENHANCE THE EDUCATIONAL BENEFIT IN ITS WORLD-RENOWNED ACADEMIC, RESEARCH, ANALYSIS AND WAR GAMING PROGRAMS. 1735692 INFORMATION OUTREACH AND OTHER PROGRAMS DESIGNED TO INCREASE AWARENESS OF THE NAVAL WAR COLLEGE NATIONALLY AND INTERNATIONALLY. 3693614 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 1 0 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 34 34 1 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 USN (RET) 4018488303 686 CUSHING ROAD NEWPORT RI 02841 RDML AB CRUZ III USN RET CHAIRMAN (AS 6/25) 5.00 X X 0 0 0 DANIEL HOLLAND III CHAIRMAN (TO 6/25) 1.00 X X 0 0 0 HON MITCHELL WALDMAN VICE CHAIRMAN (AS OF 6/25) 5.00 X X 0 0 0 RADM JULIUS S CAESAR USN RET TREASURER 5.00 X X 0 0 0 BARBARA SCHOENFELD SECRETARY (AS OF 6/25) 5.00 X X 0 0 0 GREGORY J ANNICK TRUSTEE 1.00 X 0 0 0 MORTIMER BERKOWITZ III TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 HON ERIK P BETHEL TRUSTEE 1.00 X 0 0 0 CHRIS COCKS TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 CHARLES COX TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 NANCY W CUSHING EVANS TRUSTEE 1.00 X 0 0 0 DOMINIC A DANNESSA TRUSTEE 1.00 X 0 0 0 PAUL A DIMITRUK TRUSTEE 1.00 X 0 0 0 AMBASSADOR PAULA J DOBRIANSKY TRUSTEE 1.00 X 0 0 0 PHILIP L DUNMIRE TRUSTEE 1.00 X 0 0 0 JAMES EAGAN TRUSTEE 1.00 X 0 0 0 JUSTIN FREEH TRUSTEE 1.00 X 0 0 0 CAPT CHRISTOPHER GOODE USN RET TRUSTEE 1.00 X 0 0 0 VADM ROBERT S HARWARD JR USN RET TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 RALPH H ISHAM TRUSTEE 1.00 X 0 0 0 NELSON M JONES III TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 CDR JAMES M KELLY USN RET TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 HON RONALD K MACHTLEY TRUSTEE 1.00 X 0 0 0 BYRON F MARCHANT ESQ TRUSTEE 1.00 X 0 0 0 DOUGLAS MATTHEWS TRUSTEE 1.00 X 0 0 0 JAMES S METCALF TRUSTEE 1.00 X 0 0 0 KENNETH MANCINI SR TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 HOWARD MORGAN TRUSTEE 1.00 X 0 0 0 DOUGLAS L NEWHOUSE TRUSTEE 1.00 X 0 0 0 RONALD OHANLEY TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 DR THOMAS ROBERTS TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 PETER SCANLON TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 J RONALD TERWILLIGER TRUSTEE 1.00 X 0 0 0 BARBARA VAN BEUREN TRUSTEE (AS OF 6/25) 1.00 X 0 0 0 ARCHBOLD D VAN BEUREN TRUSTEE (TO 6/25) 1.00 X 0 0 0 CARL C LIEBERT TRUSTEE (TO 6/25) 1.00 X 0 0 0 CAPT DAVID HUNTER USN RET TRUSTEE (TO 6/25) 1.00 X 0 0 0 BEN BLACK TRUSTEE (TO 6/25) 1.00 X 0 0 0 DUNCAN CHAPMAN TRUSTEE 1.00 X 0 0 0 GEORGE E LANG JR PRESIDENT & CEO 40.00 X 306679 0 18035 CATHLEEN COYLE WEBSTER CDO 40.00 X 249607 0 44509 BENJAMIN HOGAN CFO 40.00 X 202901 0 27903 ALEXA WALUK CMO 40.00 X 157639 0 23191 KIMBERLY BERRY DIRECTOR OF CORP & FOUNDATION RELATIONS 40.00 X 137008 0 25981 ALISON HILLEGEIST DIRECTOR OF ENGAGEMENT 40.00 X 132839 0 12467 RAYMOND E LIBERATORE ACCOUNTING ASSOCIATE 40.00 X 105514 0 0 1292187 0 152086 7 0 1 0 0 443053 2364869 62757 2807922 1409486 1409486 82900924 77993827 4907097 4907097 4907097 138194 443053 244281 -106087 -106087 101102 57359 43743 43743 9062161 0 43743 6210496 1932272 1932272 19500 19500 6150 6150 1030465 554882 214150 261433 732707 475680 136308 120719 39568 26185 8044 5339 78287 53058 17704 7525 121860 71897 24372 25591 30189 17811 6038 6340 92000 54280 18400 19320 179703 179703 224220 72520 151700 74515 74515 179440 105870 35888 37682 113371 56685 56686 14142 8344 2828 2970 736 434 147 155 28936 17072 5787 6077 HISTORICAL COLLECTIONS 139244 139244 MISCELLANEOUS 12924 7215 3141 2568 5050229 3693614 652510 704105 435462 532590 404737 2428638 383463 306507 18305 7907 44955 73951 48862 112241 143597 141759 2574 1838 6210714 50318796 64352343 26024240 67598 0 71969013 79806708 237881 195245 306000 226314 208161 464195 709406 X 18431206 20441265 53073612 58656037 71504818 79097302 71969013 79806708 X 4011932 3590656 -10104 X X 0 1 X 1 0 X 3754699 2171985 13175016 2299637 2807922 24209259 74303 74303 74303 74303 74000 371212 3829002 2246288 13249319 2373940 2881922 24580471 10352830 14227641 1445222 1563233 890612 960233 1409486 6268786 30849257 1050174 0.46120 0.44400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47265036 55881 6677472 940818 598746 52458825 43657446 100657 4548577 545737 495907 47265036 35519196 6131787 3169533 737219 425851 43657446 35515685 19063 1220708 861821 374439 35519196 32029658 1258363 3438894 812125 399105 35515685 0.00000 0.59830 0.40170 0 0 143597 141759 1838 1838 U.S. TREASURIES 2723111 F GLOBAL EQUITY FUND 7394717 F MULTI-ASSET FUND 5141812 F CORE FIXED INCOME 8234161 F SIORT TERM LIQUIDITY 2530439 F 26024240 ANNUITY PAYABLE 208161 208161 X 12594369 3590656 74000 47255 3711911 8882458 179703 179703 9062161 5001885 74000 57359 131359 4870526 179703 179703 5050229 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 IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE FOUNDATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVELS. THE FOUNDATION ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE FOUNDATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -10,104. DIRECT EXPENSES FOR MUSEUM SALES 57,359. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR MUSEUM SALES 57,359. 1 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES GRANTMAKING 2450 SOUTH ASIA 0 0 PROGRAM SERVICES GRANTMAKING 2200 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES GRANTMAKING 1000 SOUTH AMERICA 0 0 PROGRAM SERVICES GRANTMAKING 500 0 0 0 0 0 0 6150 0 6150 STUDENT AWARDS & PRIZES EAST ASIA AND THE PACIFIC 4 2450 CHECK STUDENT AWARDS & PRIZES SOUTH ASIA 3 2200 CHECK STUDENT AWARDS & PRIZES EUROPE (INCLUDING ICELAND & GREENLAND) 1 1000 CHECK STUDENT AWARDS & PRIZES SOUTH AMERICA 1 500 CHECK 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. SENTINEL OF THE SEA GALA 348113 324063 24050 46742 45264 NEWPORT NATIONAL SECURITY SYMPOSIUM 136300 74900 61400 28844 14707 3 96834 44090 52744 18641 49415 40668 581247 443053 138194 94227 49415 100639 244281 -106087 1 US NAVAL WAR COLLEGE 686 CUSHING RD NEWPORT RI 02841 050517246 GOVERNMENT 1932272 0 SUPPORT OF PROGRAMS AT USNWC NOT FUNDED BY THE GOVERMENT 1 STUDENT AWARDS AND PRIZES 31 19500 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 $75,000). X X X X 0 0 0 0 0 0 0 1 0 GEORGE E LANG JR PRESIDENT & CEO 294179 0 12500 0 0 0 17217 0 818 0 324714 0 0 0 CATHLEEN COYLE WEBSTER CDO 244607 0 5000 0 0 0 14977 0 29532 0 294116 0 0 0 BENJAMIN HOGAN CFO 192901 0 10000 0 0 0 5412 0 22491 0 230804 0 0 0 ALEXA WALUK CMO 147639 0 10000 0 0 0 8949 0 14242 0 180830 0 0 0 KIMBERLY BERRY DIRECTOR OF CORP & FOUNDATION RELATI 131008 0 6000 0 0 0 8086 0 17895 0 162989 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 8 62757 FMV 0 0 1 1 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 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 A, LINE 2 ARCHBOLD VAN BEUREN AND BARBARA VAN BEUREN ARE BROTHER AND SISTER. 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 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. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -10,104. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.