Nonprofit · EIN 54-1143646
MARINE CORPS UNIVERSITY FOUNDATION INC
Tax-exempt · QUANTICO, VA 22134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,199,797 | $1,459,312 | $1,740,485 | $10,963,845 | $230,679 | $10,733,166 |
| December 31, 2023 | 990 | $961,196 | $1,414,928 | -$453,732 | $9,579,411 | $249,601 | $9,329,810 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,008,099
- Program service revenue
- $0
- Investment income
- $1,218,143
- Royalties
- $496
- Net gain from sales of assets
- $936,700
- Net income from fundraising events
- -$27,890
- Other revenue
- -$26,445
Expenses
- Grants and similar amounts paid
- $427,227
- Compensation of officers, directors and key employees
- $377,993
- Other salaries and wages
- $260,209
- Salaries, compensation and benefits (total)
- $692,328
- Professional fundraising fees
- $0
- Accounting fees
- $95,467
- Occupancy
- $71,680
- Depreciation
- $2,022
- Program services (functional)
- $1,153,256
- Management and general (functional)
- $81,377
- Fundraising (functional)
- $224,679
Balance sheet and other
- Total assets, start of year
- $9,579,411
- Total assets, end of year
- $10,963,845
- Total liabilities, end of year
- $230,679
- Net assets, end of year
- $10,733,166
- Land, buildings and equipment
- $5,637
- Publicly traded securities
- $9,518,750
- Net assets without donor restrictions
- $1,805,991
- Net assets with donor restrictions
- $8,927,175
- Gross receipts
- $10,828,072
- Employees
- 9
- Volunteers
- 20
- Year formed
- 1980
- State of legal domicile
- VA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW AMMERMAN | PRESIDENT & CEO (FROM 1/16/2024) Trustee or director, Officer | 40 | $227,125 | $3,882 |
| JAMES G LACEY | ACADEMIC CHAIR Highest-paid employee | 40 | $142,000 | $0 |
| JON SACHRISON | COO Officer | 40 | $109,365 | $2,206 |
| RICHARD P MILLS | PRESIDENT & CEO (UNTIL 3/22/2024) Trustee or director, Officer | 40 | $34,297 | $1,118 |
| JOHN F KELLY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| DONALD R KNAUSS | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER G OPRISON | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT HUGIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KIM T ADAMSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DERRICK T DORTCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RAYMOND GILMARTIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ART GORMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MATT JONES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT A LUTZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLENE MARSHALL | TRUSTEE (UNTIL 8/6/2024) Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUG MCGOWAN | TRUSTEE Trustee or director | 1 | $0 |
| STEVEN PICCIRILLI | TRUSTEE Trustee or director | 1 | $0 |
| FRANCIS QUINLAN | TRUSTEE Trustee or director | 1 | $0 |
| KEVIN ROCHFORD | TRUSTEE Trustee or director | 1 | $0 |
| JORDAN H SAUNDERS | TRUSTEE Trustee or director | 1 | $0 |
| MITCH SHIVERS | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD P MILLS | PRESIDENT & CEO Trustee or director, Officer | 40 | $150,000 | $5,750 |
| JAMES G LACEY | ACADEMIC CHAIR (NON STAFF MEMBER) Highest-paid employee | 40 | $142,000 | $0 |
| MEREDITH K TERRIAN | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $119,533 | $500 |
| JON SACHRISON | COO Officer | 40 | $106,658 | $2,206 |
| JOHN F KELLY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER G OPRISON | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $0 |
| HARRY LEE CRISP III | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KIM T ADAMSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DERRICK T DORTCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RAYMOND GILMARTIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ART GORMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BOB HUGIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MATT JONES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DONALD R KNAUSS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT A LUTZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLENE MARSHALL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DOUG MCGOWAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVEN PICCIRILLI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAUL POHL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FRANCIS QUINLAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEVIN ROCHFORD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JORDAN H SAUNDERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM J SCOTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MITCH SHIVERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GUY P WYSER-PRATTE | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 715 BROADWAY STREET MCA ANNEX 200, QUANTICO, VA 22134-0000
- Principal officer (990 for 2024)
- ANDREW AMMERMAN, PO BOX 122, QUANTICO, VA 221340122
- Signed the 990
- ANDREW AMMERMAN, PRESIDENT & CEO
- Phone
- (703) 640-6835
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
TO PROVIDE RESOURCES THAT ENHANCE AND ENRICH THE PROFESSIONAL MILITARY EDUCATION AND LEADERSHIP OF ACTIVE DUTY AND RESERVE MARINES ACROSS THE CORPS.
Program accomplishments
- THE FOUNDATION SUPPLEMENTED EXISTING MARINE CORPS UNIVERSITY PROGRAMS BY PROVIDING ADDITIONAL RESOURCES FOR A WIDE RANGE OF PROGRAMS FOR WHICH GOVERNMENT FUNDING IS NOT AVAILABLE. ADDITIONALLY, THE FOUNDATION PROVIDED RESOURCES TO MARINE UNITS AROUND THE WORLD TO SUPPORT PROFESSIONAL MILITARY EDUCATIONAL AND LEADERSHIP OPPORTUNITIES FOR WHICH GOVERNMENT FUNDING IS NOT AVAILABLE. ALL GRANTS AND ALLOCATIONS WERE EXPENDED IN SUPPORT OF THE FOUNDATION'S EXEMPT PURPOSE.Expenses $1,153,256 · grants $427,227
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1143646
- 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
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $10,963,845
- Income (IRS master file)
- $10,828,072
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,199,797 | $1,459,312 | $10,963,845 | IRS |
| 990 | December 2023 | $961,196 | $1,414,928 | $9,579,411 | XML |
| 990 | December 2022 | $1,380,743 | $1,480,008 | $9,252,589 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 54-1143646).
Questions about MARINE CORPS UNIVERSITY FOUNDATION INC
- What is the EIN of MARINE CORPS UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of MARINE CORPS UNIVERSITY FOUNDATION INC is 54-1143646.
- Is MARINE CORPS UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to MARINE CORPS UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARINE CORPS UNIVERSITY 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 MARINE CORPS UNIVERSITY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARINE CORPS UNIVERSITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MARINE CORPS UNIVERSITY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ANDREW AMMERMAN.
- Who are the officers and directors of MARINE CORPS UNIVERSITY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 21 people; 4 received compensation from the organization, the highest $227,125 (ANDREW AMMERMAN, PRESIDENT & CEO (FROM 1/16/2024)).
- How much revenue does MARINE CORPS UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,199,797, expenses of $1,459,312 and total assets of $10,963,845 at year end.
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