Nonprofit · EIN 52-6065757
CHESAPEAKE BAY FOUNDATION INC
Tax-exempt · ANNAPOLIS, MD 21403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $35,411,298 | $37,408,233 | -$1,996,935 | $127,940,157 | $5,745,753 | $122,194,404 |
| June 30, 2024 | 990 | $36,221,171 | $35,057,375 | $1,163,796 | $129,315,017 | $4,172,742 | $125,142,275 |
| June 30, 2023 | 990 | $32,201,003 | $34,140,334 | -$1,939,331 | $126,475,382 | $4,640,005 | $121,835,377 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $27,417,431
- of which government grants
- $2,917,451
- Program service revenue
- $1,194,433
- Investment income
- $6,308,981
- Royalties
- $12,743
- Net rental income
- $453,247
- Net gain from sales of assets
- $3,863,827
- Net income from fundraising events
- -$139,370
- Other revenue
- $490,453
Expenses
- Grants and similar amounts paid
- $668,182
- Compensation of officers, directors and key employees
- $1,609,245
- Other salaries and wages
- $12,305,266
- Salaries, compensation and benefits (total)
- $21,964,544
- Professional fundraising fees
- $439,882
- Legal fees
- $4,500
- Accounting fees
- $146,380
- Occupancy
- $1,883,596
- Travel
- $428,639
- Depreciation
- $615,555
- Program services (functional)
- $29,856,543
- Management and general (functional)
- $3,360,510
- Fundraising (functional)
- $4,191,180
Balance sheet and other
- Total assets, start of year
- $129,315,017
- Total assets, end of year
- $127,940,157
- Total liabilities, end of year
- $5,745,753
- Net assets, end of year
- $122,194,404
- Land, buildings and equipment
- $29,716,123
- Publicly traded securities
- $49,134,074
- Net assets without donor restrictions
- $40,830,020
- Net assets with donor restrictions
- $81,364,384
- Gross unrelated business income
- -$2,224
- Gross receipts
- $56,221,951
- Employees
- 283
- Volunteers
- 35,577
- Year formed
- 1966
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Hilary H Falk | President Trustee or director, Officer | 40 | $367,595 | $35,717 |
| Katharene P Snavely | Chief Development Officer Key employee | 40 | $230,289 | $30,329 |
| Alison H Prost | VP - Enviro. Protec. & Restor. Key employee | 40 | $219,558 | $29,910 |
| Tola Sanni | Treasurer, CFO Officer | 40 | $220,467 | $24,193 |
| Everett S Marshall | VP - People Highest-paid employee | 40 | $198,689 | $28,782 |
| Thomas W Ackerman | VP - Education Key employee | 40 | $192,924 | $28,466 |
| Robert J Beach | VP - Communications Highest-paid employee | 40 | $192,512 | $27,707 |
| Paul W Smail | VP - Litigation Highest-paid employee | 40 | $191,317 | $28,455 |
| William A Agee III | Secretary; VP - Administration Officer | 40 | $200,333 | $7,559 |
| Carmera S Thomas-Wilhite | VP - Communities and Partnerships Highest-paid employee | 40 | $160,049 | $22,461 |
| Otis S Jones | Chair Trustee or director, Officer | 4 | $0 | $0 |
| Ann Pelham | Vice Chair Trustee or director, Officer | 4 | $0 | $0 |
| Bruce R Bradley | Trustee Trustee or director | 4 | $0 | $0 |
| Joan P Brock | Trustee Trustee or director | 1 | $0 | $0 |
| George B Clarke IV | Trustee Trustee or director | 1 | $0 | $0 |
25 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brian Cobb | Trustee Trustee or director | 1 | $0 |
| Margaret M Freeman | Trustee Trustee or director | 1 | $0 |
| Alexandra Grayson | Trustee Trustee or director | 1 | $0 |
| Jennifer E Green | Trustee Trustee or director | 1 | $0 |
| Harry S Gruner | Trustee Trustee or director | 4 | $0 |
| Ann D Horner | Trustee Trustee or director | 1 | $0 |
| Robert A Kinsley II | Trustee Trustee or director | 1 | $0 |
| Jonathan D Manekin | Trustee Trustee or director | 1 | $0 |
| Anne Mehringer | Trustee Trustee or director | 1 | $0 |
| Mamie A Parker PHD | Trustee Trustee or director | 1 | $0 |
| Crystal Patterson | Trustee Trustee or director | 4 | $0 |
| Nick Pomponi | Trustee Trustee or director | 1 | $0 |
| Samara Pyfrom | Trustee Trustee or director | 1 | $0 |
| Christa Riepe | Trustee Trustee or director | 1 | $0 |
| Nathanial J Rose | Trustee Trustee or director | 1 | $0 |
| Kathryn Gilchrist Simpson | Trustee Trustee or director | 1 | $0 |
| J Sedwick Sollers III | Trustee Trustee or director | 4 | $0 |
| J Alex Ward | Trustee Trustee or director | 1 | $0 |
| Denice Heller Wardrop | Trustee Trustee or director | 1 | $0 |
| Preston M White | Trustee Trustee or director | 1 | $0 |
| Robert N Whitescarver | Trustee Trustee or director | 1 | $0 |
| Stephen M Wolf | Trustee Trustee or director | 1 | $0 |
| Marnie Abramson | Trustee Trustee or director | 1 | $0 |
| Dara C Bachman | Trustee Trustee or director | 1 | $0 |
| Hugh Evans | Trustee Trustee or director | 4 | $0 |
990 for the year ended June 30, 2024: 41 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Hilary H Falk | President Trustee or director, Officer | 40 | $356,074 | $34,516 |
| Katharene P Snavely | Chief Development Officer Key employee | 40 | $246,301 | $27,817 |
| Alison H Prost | VP - Enviro. Protec. & Restor. Key employee | 40 | $233,827 | $25,960 |
| Robert J Beach | VP - Communications Highest-paid employee | 40 | $194,675 | $26,624 |
| Thomas W Ackerman | VP - Education Key employee | 40 | $192,401 | $18,644 |
| William A Agee III | Secretary; VP - Administration Officer | 40 | $199,490 | $7,559 |
| Everett S Marshall | VP - People Highest-paid employee | 40 | $185,142 | $14,732 |
| Paul W Smail | VP - Litigation Highest-paid employee | 40 | $165,948 | $6,810 |
| Carmera S Thomas-Wilhite | VP - Communities and Partnerships Highest-paid employee | 40 | $142,943 | $24,760 |
| Shannon Miller | Controller Highest-paid employee | 40 | $161,256 | $5,592 |
| Tola Sanni | Treasurer (from 10/2023) Officer | 40 | $33,703 | $944 |
| Otis S Jones | Chair Trustee or director, Officer | 4 | $0 | $0 |
| Ann Pelham | Vice Chair Trustee or director, Officer | 4 | $0 | $0 |
| Marnie Abramsom | Trustee Trustee or director | 1 | $0 | $0 |
| Dara C Bachman | Trustee Trustee or director | 1 | $0 | $0 |
| R Bruce Bradley | Trustee Trustee or director | 4 | $0 | $0 |
| Joan P Brock | Trustee Trustee or director | 1 | $0 | $0 |
| George B Clarke IV | Trustee Trustee or director | 1 | $0 | $0 |
| Brian Cobb | Trustee Trustee or director | 1 | $0 | $0 |
| Hugh Evans | Trustee Trustee or director | 4 | $0 | $0 |
| Margaret M Freeman | Trustee Trustee or director | 1 | $0 | $0 |
| Alexandra Grayson | Trustee Trustee or director | 1 | $0 | $0 |
| Jennifer E Green | Trustee Trustee or director | 1 | $0 | $0 |
| Harry S Gruner | Trustee Trustee or director | 4 | $0 | $0 |
| Ann D Horner | Trustee Trustee or director | 1 | $0 | $0 |
| Robert A Kinsley II | Trustee Trustee or director | 1 | $0 | $0 |
| Jonathan D Manekin | Trustee Trustee or director | 1 | $0 | $0 |
| Anne Mehringer | Trustee Trustee or director | 1 | $0 | $0 |
| Mamie A Parker | Trustee Trustee or director | 1 | $0 | $0 |
| Crystal Patterson | Trustee Trustee or director | 4 | $0 | $0 |
| Nick Pomponi | Trustee Trustee or director | 1 | $0 | $0 |
| Samara Pyfrom | Trustee Trustee or director | 1 | $0 | $0 |
| Christa Riepe | Trustee Trustee or director | 1 | $0 | $0 |
| Nathanial J Rose | Trustee Trustee or director | 1 | $0 | $0 |
| Kathryn Gilchrist Simpson | Trustee Trustee or director | 1 | $0 | $0 |
| J Sedwick Sollers III | Trustee Trustee or director | 4 | $0 | $0 |
| J Alex Ward | Trustee Trustee or director | 1 | $0 | $0 |
| Denice Heller Wardrop | Trustee Trustee or director | 1 | $0 | $0 |
| Preston M White | Trustee Trustee or director | 1 | $0 | $0 |
| Robert N Whitescarver | Trustee Trustee or director | 1 | $0 | $0 |
| Stephen M Wolf | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 46 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Hilary H Falk | President Trustee or director, Officer | 40 | $299,919 | $29,311 |
| David A Fogle | Treasurer; Chief Financial Officer Officer | 40 | $250,267 | $20,952 |
| Jon A Mueller | Vice President - Litigation Highest-paid employee | 40 | $217,588 | $8,685 |
| Alison H Prost | VP - Env. Prot. & Restoration Key employee | 40 | $199,805 | $25,196 |
| Katharene P Snavely | Chief Development Officer Key employee | 40 | $196,734 | $27,567 |
| Thomas W Ackerman | Vice President - Education Key employee | 40 | $182,519 | $8,496 |
| Robert J Beach | Vice President - Communications Highest-paid employee | 40 | $165,084 | $21,686 |
| William A Agee III | Secretary; VP Administration Officer | 40 | $173,434 | $6,912 |
| Paul W Smail | Director - Litigation Highest-paid employee | 40 | $136,646 | $24,177 |
| Rachel E Hlavay | Senior Director - Dev'l Operations Highest-paid employee | 40 | $126,609 | $12,741 |
| Zachary C Hatcher | Director - Development Highest-paid employee | 40 | $123,707 | $11,008 |
| Elizabeth Oliver-Farrow | Chair (through 1/23) Trustee or director, Officer | 4 | $0 | $0 |
| Otis S Jones - Vice | Chair; then chair (trans. @ 1/23) Trustee or director, Officer | 4 | $0 | $0 |
| Ann Pelham - Trustee | then Vice chair (trans. @ 1/23) Trustee or director, Officer | 4 | $0 | $0 |
| Marnie Abramson | Trustee Trustee or director | 1 | $0 | $0 |
| Dara C Bachman | Trustee Trustee or director | 1 | $0 | $0 |
| R Bruce Bradley | Trustee Trustee or director | 1 | $0 | $0 |
| Joan P Brock | Trustee Trustee or director | 1 | $0 | $0 |
| George L Bunting Jr | Trustee Trustee or director | 1 | $0 | $0 |
| Michael J Chiaramonte | Trustee (through 1/23) Trustee or director | 4 | $0 | $0 |
| Brian Cobb | Trustee Trustee or director | 1 | $0 | $0 |
| Margaret M Freeman | Trustee Trustee or director | 1 | $0 | $0 |
| Alexandra Grayson | Trustee Trustee or director | 1 | $0 | $0 |
| Jennifer E Green | Trustee Trustee or director | 1 | $0 | $0 |
| Harry S Gruner | Trustee Trustee or director | 4 | $0 | $0 |
| Ann D Horner | Trustee Trustee or director | 1 | $0 | $0 |
| Robert A Kinsley II | Trustee Trustee or director | 1 | $0 | $0 |
| Katie Z Leavy | Trustee Trustee or director | 4 | $0 | $0 |
| Jonathan D Manekin | Trustee Trustee or director | 1 | $0 | $0 |
| Anne Mehringer | Trustee Trustee or director | 1 | $0 | $0 |
| Pamela B Murphy | Trustee Trustee or director | 4 | $0 | $0 |
| Mamie A Parker | Trustee Trustee or director | 1 | $0 | $0 |
| Crystal Patterson | Trustee Trustee or director | 4 | $0 | $0 |
| Anna R Pauletta | Trustee (through 1/23) Trustee or director | 1 | $0 | $0 |
| Samara Pyfrom | Trustee (beginning 1/23) Trustee or director | 1 | $0 | $0 |
| Christa Riepe | Trustee (beginning 1/23) Trustee or director | 1 | $0 | $0 |
| Nathanial J Rose | Trustee Trustee or director | 1 | $0 | $0 |
| Kathryn Gilchrist Simpson | Trustee (beginning 1/23) Trustee or director | 1 | $0 | $0 |
| Carol B Sisco | Trustee (beginning 1/23) Trustee or director | 1 | $0 | $0 |
| Janine J Smith | Trustee Trustee or director | 1 | $0 | $0 |
| J Sedwick Sollers III | Trustee Trustee or director | 4 | $0 | $0 |
| R Todd Stravitz | Trustee Trustee or director | 1 | $0 | $0 |
| Sandra E Taylor | Trustee Trustee or director | 1 | $0 | $0 |
| Preston M White | Trustee Trustee or director | 1 | $0 | $0 |
| Robert N Whitescarver | Trustee Trustee or director | 1 | $0 | $0 |
| Stephen M Wolf | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6 HERNDON AVE, ANNAPOLIS, MD 21403-4503
- Principal officer (990 for 2024)
- Hilary H Falk, 6 HERNDON AVENUE, ANNAPOLIS, MD 214034503
- Signed the 990
- Hilary H Falk, President & CEO
- Phone
- (410) 268-8816
- Website
- WWW.CBF.ORG
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
The Chesapeake Bay Foundation's (CBF) mission, simply stated, is to Save the Bay. See Schedule O for Continuation (page 48)
Program accomplishments
- Advocacy & RestorationThe Advocacy & Restoration Department's primary objective is to drive significant improvements in the health of Chesapeake Bay as measured by CBF's Bay Health Index. Consistent with the CBF strategic plan, this involves developing and recommending priorities for the organization's policy work, engaging our members and implementing restoration elements of the plan. The Program utilizes a combination of strategies to help achieve a reduction in Bay pollution, restoration of critical habitat, and better-managed fisheries. See Schedule O for Continuation (page 49)Expenses $17,438,557 · grants $636,869 · revenue $568,215
- Education CBF's Education Department is responsible for leading students, teachers, and adults in hands-on, on-the-water, environmental education experiences about the Bay. Through education programs, our professional educators use innovative teaching methods to engage students in real-world issues and scientific inquiry, exciting and encouraging them to take action to protect our natural resources. Student Leadership courses during the summer further train student leaders from high schools across the region. See Schedule O for Continuation (page 49)Expenses $8,720,433 · grants $31,313 · revenue $578,596
- Marketing & CommunicationsThe Marketing & Communications Department's charge is to market CBF and its policy agenda, educate and engage the public, and mobilize support for organizational priorities and Bay restoration efforts. Marketing & Communications also manages internal communications and public opinion research. See Schedule O for Continuation (page 50)Expenses $3,697,553 · revenue $47,622
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-6065757
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1966
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C320)
- Assets (IRS master file)
- $127,940,157
- Income (IRS master file)
- $56,221,951
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $35,411,298 | $37,408,233 | $127,940,157 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $36,221,171 | $35,057,375 | $129,315,017 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $32,201,003 | $34,140,334 | $126,475,382 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $37,482,212 | $31,537,989 | $125,747,119 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-6065757).
Questions about CHESAPEAKE BAY FOUNDATION INC
- What is the EIN of CHESAPEAKE BAY FOUNDATION INC?
- The employer identification number (EIN) of CHESAPEAKE BAY FOUNDATION INC is 52-6065757.
- Is CHESAPEAKE BAY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to CHESAPEAKE BAY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHESAPEAKE BAY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHESAPEAKE BAY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHESAPEAKE BAY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CHESAPEAKE BAY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Hilary H Falk.
- Who are the officers and directors of CHESAPEAKE BAY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 40 people; 10 received compensation from the organization, the highest $367,595 (Hilary H Falk, President).
- How much revenue does CHESAPEAKE BAY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $35,411,298, expenses of $37,408,233 and total assets of $127,940,157 at year end.
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