2020-11-05T15:18:39-06:00 2019-12-31 BKD LLP 1155 Avenue of the Americas 1200 New York NY 10036 990 2019-01-01 116037948 United States Merchant Marine Academy Alumni Association and Foundation Inc % JAMES F TOBIN UNIT 5167735566 300 Steamboat Road Kings Point NY 11024 JAMES F TOBIN PRESIDENT 5167735566 2020-11-15 true Aaron Shapiro P01333816 2128674000 167.68.126.162 26511920203105000120 2020-11-05 P 319FC87BD1330F796E4035663441B3D0185919B5 319FC87BD1330F796E4035663441B3D0185919B5 2019 2021-01-29 14:40:06Z JAMES F TOBIN 300 STEAMBOAT ROAD KINGS POINT NY 11024 14239018 false X WWW.USMMAALUMNI.COM X 1944 NY THE FOUNDATION SHALL EXIST TO SERVE, ASSIST AND PERPETUATE THE ACADEMY, ITS REGIMENT OF MIDSHIPMEN, FACULTY, STAFF, AND ALUMNI. 20 19 11 19 51916 4671755 6424474 173390 153339 455297 1573024 131453 218101 5431895 8368938 1675853 1678132 0 0 955151 1146636 86480 0 443481 2668946 1941136 5386430 4765904 45465 3603034 39337265 45991627 171114 478059 39166151 45513568 X THE FOUNDATION SHALL EXIST TO SERVE, ASSIST AND PERPETUATE THE ACADEMY, ITS REGIMENT OF MIDSHIPMEN, FACULTY, STAFF, AND ALUMNI. THE FOUNDATION SUPPORTS THE ACADEMY'S MISSION OF EDUCATING AND GRADUATING MERCHANT MARINE OFFICERS WHO WILL BECOME LEADERS IN THE COMMERCIAL AND DEFENSE TRANSPORTATION SERVICES OF THE UNITED STATES. THE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES BY RAISING AND DISTRIBUTING FUNDS, SOME OF WHICH WILL BE MAINTAINED IN AN ENDOWMENT. THE FOUNDATION ALSO FOSTERS AND ENCOURAGES THE DEVELOPMENT OF THE ACADEMY TO MEET THE FUTURE TRANSPORTATION NEEDS OF THE UNITED STATES, AND ENHANCES THE PRESTIGE THEREOF BY ACQUISITION, PRESERVATION, AND DISSEMINATION OF INFORMATION PERTAINING TO THEIR HISTORY, ACTIVITIES, METHODS AND OBJECTIVES. false false 2152258 1593876 MIDSHIPMEN AND ACADEMY ACTIVITIES - SUPPORT TO ACADEMY (USMMA) MIDSHIPMEN PROGRAMS AND ACTIVITIES. ENHANCE THE EDUCATION EXPERIENCE OF 963 MIDSHIPMEN BY PROVIDING FINANCIAL SUPPORT TO 23 TEAMS, AND 35 CLUBS. PROMOTE ACADEMIC AND ATHLETIC EXCELLENCE BY SPONSORING 82 AWARDS AND SCHOLARSHIPS. 819894 84256 103627 ALUMNI ACTIVITIES - SUPPORT TO ALUMNI SERVICES AND ALUMNI FUNDRAISING EVENTS FOR THE BENEFIT OF THE USMMA. SUPPORT ALUMNI ACTIVITIES BY SPONSORING 12 GOLF TOURNAMENTS A YEAR, HOMECOMING EVENTS, AND SPONSORING 50 ALUMNI AWARDS. 305576 PUBLICATIONS - SUPPORT TO COMMUNICATIONS (PUBLICATIONS AND WEBSITE) FOR ALUMNI, PARENTS, AND MIDSHIPMEN. PUBLISH THE KINGS POINTER MAGAZINE FOUR TIMES A YEAR WITH A CIRCULATION OF 15,146. PUBLISH THE SCUTTLEBUT NEWSLETTER BY E-MAIL TWICE A MONTH TO 7,000 ALUMNI. 6192 49712 JOB PLACEMENT SERVICES: JOB PLACEMENT-CAREER AND INTERNSHIP SERVICES TO MIDSHIPMEN, RECENT GRADUATES IN COMPLIANCE OF OBLIGATION AND ALUMNI. 6192 49712 3283920 true true false true false false false false false true true false false true true false true false false false false false false false true false false true true true false false false false false false false false true false false false false false false false false true 19 0 11 true true true false false false false true true false false false false false false X 20 19 false false false false false false false true true false true true true true true true true true true false false NY X X JAMES F TOBIN 5167735566 300 STEAMBOAT ROAD KINGS POINT NY 11024 JAMES F TOBIN PRESIDENT 40.0 0.0 X X 201685 0 26609 BRIAN O FOY legislative outreach coordinat 40.0 0.0 X 105616 0 23663 ROSALBA RACCAGNA CONTROLLER 40.0 0.0 X 100204 0 14079 MARILYN LIVI Senior Vice President 40.0 0.0 X 105900 0 4352 James L Hamilton CHAIRMAN 1.0 0.0 X X 0 0 0 John E Chickering VICE CHAIR DEVELOPMENT 1.0 0.0 X X 0 0 0 Joseph D Schwartzstei VICE CHAIR ALUMNI AFFAIRS 1.0 0.0 X X 0 0 0 John O Arntzen DIRECTOR 1.0 0.0 X 0 0 0 John C Brennan DIRECTOR 1.0 0.0 X 0 0 0 John D Cameron DIRECTOR 1.0 0.0 X 0 0 0 Thomas G Devine DIRECTOR 1.0 0.0 X 0 0 0 Randolph G Johnson DIRECTOR 1.0 0.0 X 0 0 0 James B Liebertz DIRECTOR 1.0 0.0 X 0 0 0 Monica L Malone DIRECTOR 1.0 0.0 X 0 0 0 Joseph A Martucci DIRECTOR 1.0 0.0 X 0 0 0 Brian F Murphy DIRECTOR 1.0 0.0 X 0 0 0 Adam M Rapacki DIRECTOR 1.0 0.0 X 0 0 0 Theodore H Teplow DIRECTOR 1.0 0.0 X 0 0 0 Tiffany A Torrey DIRECTOR 1.0 0.0 X 0 0 0 Kevin J Walsh DIRECTOR 1.0 0.0 X 0 0 0 Thomas A Wesley DIRECTOR 1.0 0.0 X 0 0 0 Jennifer F Williams DIRECTOR 1.0 0.0 X 0 0 0 James H Yocum DIRECTOR 1.0 0.0 X 0 0 0 513405 0 68703 4 false true false DANIEL J EDELMAN 21992 Network Place CHICAGO IL 60673 CONSULTING 558382 PROforma PO Box 640814 CINCINNATI OH 45264 promotional services 114328 SHERIDAN MAGAZINE SERVICES PO BOX 419817 BOSTON MA 02241 PUBLISHING 100920 3 298585 6125889 166816 6424474 ALUMNI EVENTS & MERCHANDISE SALE 900099 103627 103627 JOB PLACEMENT SERVICE 541900 49712 49712 153339 782071 782071 0 0 81283 5320 75963 0 75963 75963 6205832 5414879 790953 790953 790953 336458 298585 449881 -113423 -113423 0 0 0 0 0 0 OTHER 900099 203645 203645 PUBLICATION ADVERTISING 511120 51916 51916 255561 8368938 153339 51916 1739209 1593876 1593876 84256 84256 0 0 342577 95922 222675 23980 0 614762 319845 90457 204460 22605 10579 4333 7693 84989 36198 24963 23828 81703 30935 33511 17257 0 108959 108959 58485 58485 151365 151365 0 117219 117219 568948 564329 2641 1978 869 869 419934 243682 122073 54179 0 0 50802 30209 13461 7132 90528 37500 39232 13796 0 230841 157236 1416 72189 0 0 58140 36104 11633 10403 42363 22376 13401 6586 BAD DEBT 19482 19482 MISCELLANEOUS 23201 20873 2328 4765904 3283920 1038503 443481 106156 26381 10811860 13841841 618988 586498 6541 6560 0 0 0 0 0 0 0 0 42356 36147 3620839 1404256 2225121 2216583 20448941 22682895 0 0 0 0 0 0 5077302 6594722 39337265 45991627 171114 257656 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 220403 171114 478059 X 8289477 11769539 30876674 33744029 39166151 45513568 39337265 45991627 X 3603034 1447366 -234899 1531916 X false true X true false X 3715829 711978 11121669 4671755 6424474 26645705 0 0 3715829 711978 11121669 4671755 6424474 26645705 9014183 17631522 472816 438400 568491 696817 863354 3039878 53967 34186 34188 21977 51916 196234 46398 16446 17723 152780 203645 436992 30318809 758113 0.58154 0.54628 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 151365 false false 151365 false false 13596127 6000 2248994 81896 15769225 14274598 7711 -598682 87500 13596127 13359387 6000 994469 85258 14274598 13373503 9500 23602 47218 13359387 13383674 9500 28568 48239 13373503 0.94000 0.06000 false false 1465540 1465540 1619191 894893 724298 10075 10075 508542 481797 26745 17491 17491 2216583 BENEFICIAL INTEREST IN TRUST 6594722 6594722 0 CHARITABLE GIFT ANNUITY LIABILITY 220403 220403 11236321 1447366 1537236 2984602 8251719 117219 117219 8368938 4654005 5320 5320 4648685 117219 117219 4765904 Part XI, Line 2D Change in value of beneficial interest in remainder trust: $1,517,420 Change in value of charitable gift annuity liability: 14,496 Rental Expenses: 5,320 Part XII, Line 2D: Rental Expense: $5,320 Golf 635043 298585 336458 289062 106285 54534 0 635043 298585 336458 289062 106285 54534 449881 -113423 true US MERCHANT MARINE ACADEMY steamboat Road kings point NY 11024 371531429 501(c)(3) 1593876 midshipmen and academy activities 1 Scholarships for students 82 84256 Part I Description of Procedure for Monitoring Use of Funds The Foundation provides support to only one organization, The Academy. Grants are accepted by the process established by The Maritime Administration of The United States Department of Transportation. Following these procedures The Foundation makes grant offers to fund specific purposes and entities of The Academy. X X X X false false false false false false false true false JAMES F TOBIN PRESIDENT 184185 17500 11100 15509 228294 Part I, Line 7: James Tobin received a bonus. The bonus was based on exceptional work performance and leadership during a difficult period of time for the academy. The bonus was approved by the board of directors. X 15 112277 fmv X Vacation/Golf trips 40 32384 Selling price X Sporting Event Tickets 21 16900 Selling price X Collectibles 5 3250 Selling price X Supplies 4 2000 Selling price false true false Schedule M, Part I, Column (B): The items represent the number of contributions received. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS SUBMITTED FOR REVIEW BY THE FOUNDATION'S PRESIDENT AND THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS, AND A COPY IS SUBMITTED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. ANY QUESTIONS OR COMMENTS ARE COMMUNICATED TO THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C EACH PERSON SERVING AS A DIRECTOR, OFFICER OR COMMITTEE MEMBER IS REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST FORM. IF THE FORM DISCLOSES ANY CONFLICTS OF INTEREST, IT IS SUBMITTED TO THE COMMITTEE DESIGNATED BY THE BOARD OF DIRECTORS FOR REVIEW. THE PERSON WITH THE POTENTIAL CONFLICT IS RECUSED FROM THE VOTE TO DETERMINE WHETHER A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE MAKES RECOMMENDATIONS, BASED UPON COMPARABLE DATA, TO THE EXECUTIVE COMMITTEE REGARDING THE PRESIDENT'S SALARY. THE EXECUTIVE COMMITTEE APPROVES THE COMPENSATION COMMITTEE'S RECOMMENDATION, AS WELL AS THE SALARIES FOR ALL EMPLOYEES, AND REFERS THE MATTER TO THE FULL BOARD OF DIRECTORS FOR FINAL DISPOSITION. THIS REVIEW WAS LAST DONE IN JANUARY OF 2019. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AND ARE LISTED ON OUR WEBSITE AT WWW.USMMAAF.COM. Form 990, Part XI, LIne 9: Change in value of split interest agreement: -$394,646 Bad debt loss: -$5,689 Total to form 990, Part XI, Line 9: -$400,335 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING FEES TOTAL FEES:558382 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER TOTAL FEES:10566