Form 990, Part VI, Section A, Line 7A
“The foundation board is elected by the board of directors of the u.s. Submarine veterans, inc. A 501(c)(19) veterans organization on a biannual basis.”
990 • Fiscal year 2019 • EIN 95-4830806
Scores are not available for this record yet.
Assets
Flat$1,003,718
Flat from 2019
Net Assets
Flat$1,003,718
Flat from 2019
Liabilities
Flat$0
Flat from 2019
Revenue
Flat$81,312
Flat from 2019
Expenses
Flat$111,469
Flat from 2019
Net Income
Flat-$30,157
Flat from 2019
Construction and maintenance of submarine related monuments and memorials. Scholarships to subvet children and grandchildren, maintenance and expansion of a submarine related library, education about the deeds of us submarines, support of various museum submarines.
The foundation is a charitable arm of the united states submarine veterans', inc. A section 501(c)(19) veterans organization
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $1,066,339 | $1,003,718 | ▼ $62,621 |
| Investments in Publicly Traded Securities | $777,531 | $757,226 | ▼ $20,305 |
| Savings and Temporary Cash Investments | $180,667 | $183,740 | ▲ $3,073 |
| Cash and Non-Interest-Bearing Accounts | $108,141 | $62,752 | ▼ $45,389 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $1,066,339 | $1,003,718 | ▼ $62,621 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,066,339 | $1,003,718 | ▼ $62,621 |
| Total Liabilities and Net Assets / Fund Balance | $1,066,339 | $1,003,718 | ▼ $62,621 |
| Name | Title |
|---|---|
| John Markiewicz | President and Executive Director |
| James Denzion | Director |
| Les Altschuler | Director |
| Paul Hiser | Director |
| Peter Juhos | Director |
| Steve Bell | Director |
| Tom Williams | Director |
| Wayne Standerfer | Director |
| Joe Mathis | Fund Manager |
| John Riley | Fund Manager |
| Jon Jaques | Fund Manager |
| Ken Nichols | Fund Manager |
| Robert Frick | Fund Manager |
| Raymond Wewers | Secretary and Fund Manager |
| Robert Bowman | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $56,729 |
| Grants and Similar Amounts Paid | $54,740 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $54,740 | - | - | $54,740 |
| Fees for Service Investment Mgmnt Fees | - | $5,712 | - | $5,712 |
| Office Expenses | - | $3,823 | - | $3,823 |
| Information Technology | - | $1,500 | - | $1,500 |
| Fees for Services Other | - | $1,350 | - | $1,350 |
| Other Expenses | $5,140 | $179 | - | $179 |
| Total Functional Expenses | $98,905 | $12,564 | $0 | $111,469 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The foundation board is elected by the board of directors of the u.s. Submarine veterans, inc. A 501(c)(19) veterans organization on a biannual basis.”
“The return is prepared by an independent cpa and is reviewed by the board treasurer.”
“Foundation bylaws and fund-granting program procedures manuals are available to the public via the foundation's website at www.ussvi.org/charitableasp”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | SCHOLARSHIP PROGRAM. DURING FY 2019, 46 SCHOLARSHIPS WERE AWARDED TO HIGH SCHOOL AND COLLEGE STUDENTS TO PROVIDE EDUCATIONAL ASSISTANCE TO RELATIVES OF CURRENT AND FORMER SUBMARINE VETERANS. RECIPIENTS IN BOTH THE HIGH SCHOOL AND COLLEGE CATEGORIES RECEIVED GRANTS RANGING FROM $1,000 TO $2,000. THE TOTAL AMOUNT AWARDED IN FY 2019 WAS $52,500. |
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| IRS990/MissionDesc | 0 | THE FOUNDATION IS THE CHARITABLE ARM OF THE UNITED STATES SUBMARINE VETERANS', INC., A SECTION 501(C)(19) VETERANS ORGANIZATION. THE FOUNDATION WAS FORMED IN NOVEMBER 2000 TO: 1. PROVIDE SCHOLARSHIP ASSISTANCE TO THE CHILDREN AND GRANDCHILDREN OF SUBMARINE VETERANS AND ACTIVE DUTY SUBMARINE PERSONNEL; 2. ESTABLISH, SUPPORT AND MAINTAIN MEMORIALS AND PUBLIC MONUMENTS DEDICATED TO HONORING THE MEMORY OF DECEASED SHIPMATES WHO LOST THEIR LIVES IN THE LINE OF DUTY; 3. ESTABLISH A LIBRARY AND / OR A MUSEUM CONCERNING THE HISTORY OF THE SUBMARINE SERVICE; 4. UNDERTAKE APPROPRIATE ACTIVITIES TO PROMOTE A STRONG SUBMARINE FORCE; AND 5. PROMOTE OTHER ACTIVITIES AS MAY BE APPROPRIATE FOR AN ORGANIZATION OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | KAPSS FOR KIDS PROGRAM. SUBMARINE VETERANS VISIT LOCAL HOSPITALS TO MEET WITH CHILDREN WITH CANCER OR OTHER LIFE-THREATENING CONDITIONS. EACH CHILD IS GIVEN A SUBMARINER'S BALL CAP AND AN HONORARY SUBMARINIER CERTIFICATE. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | MEMORIAL PROGRAM. DURING FY 2019 THE FOUNDATION USED $39,025 TO IMPROVE AND MAINTAIN MEMORIALS IN THE U.S. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | BROTHERHOOD PROGRAM. THIS PROGRAM HELPS NEEDY SUBMARINE VETERANS WHO BECOME UNABLE TO WORK OR FUNCTION NORMALLY DUE TO MEDICAL OR NATURAL DISASTER ISSUES. IT ALSO PROVIDES SUPPORT TO NEEDY FAMILIES OF U.S. NAVY ACTIVE DUTY SAILORS. TOTAL GRANTS AND SUPPORT AWARDED FOR THE FY 2019 WAS $2,240, AND REVENUE OF $3,237.BUILDING FUND. A BUILDING FUND HAS BEEN ESTABLISHED TO FACILITATE THE PROCUREMENT AND MAINTENANCE OF A BUILDING TO HOUSE OPERATIONS, ITEMS AND ASSETS OF THE CHARITABLE FOUNDATION, AND OTHER VETERAN RELATED ORGANIZATIONS. THIS PROGRAM HAD $700 OF REVENUE AND NO EXPENSES IN FY 2019. LIBRARY FUND. DESCRIBED IN THE ORGANIZATION'S MISSION STATEMENT ABOVE. THIS PROGRAM HAD NO REVENUE OR EXPENSES IN FY 2019.ALL OTHER INCOME AND EXPENSES WERE INCURRED AS PART OF GENERAL OPERATIONS. |
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| IRS990/ReconcilationRevenueExpnssAmt | 0 | -30157 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RelatedOrganizationsAmt | 0 | 15927 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1066339 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1003718 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 180667 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 183740 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 60240 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 154685 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 83810 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57780 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 67768 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 424283 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 21072 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 22905 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 16574 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 30823 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 31356 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 122730 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 21072 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 22905 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 16574 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 30823 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 31356 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 122730 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.22440 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.21810 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.77560 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.78190 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 424283 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 60240 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 154685 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 83810 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57780 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 67768 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 424283 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 81312 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 177590 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 100384 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 88603 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 99124 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 547013 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 0 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 52500 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 1 | 2240 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 1 | BROTHERHOOD - CARING & SHARING, DISASTER RELIEF, SOY |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 46 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 1 | 3 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | GRANT PROGRAM FUND MANAGERS MAINTAIN PROCEDURES MANUALS THAT ARE AVAILABLE TO THE PUBLIC VIA THE INTERNET AT WWW.USSVI.ORG/CHARITABLE.ASF. FUND MANAGER PROCEDURES INCLUDING REPORTING OF SIGNIFICANT ACTIVITY / GRANTS AT BOARD MEETINGS AND VIA MONTHLY FINANCIAL REPORTS PROVIDED TO THE BOARD. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PART III LINES 1 & 2 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION BOARD IS ELECTED BY THE BOARD OF DIRECTORS OF THE U.S. SUBMARINE VETERANS, INC. A 501(C)(19) VETERANS ORGANIZATION ON A BIANNUAL BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE RETURN IS PREPARED BY AN INDEPENDENT CPA AND IS REVIEWED BY THE BOARD TREASURER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FOUNDATION BYLAWS AND FUND-GRANTING PROGRAM PROCEDURES MANUALS ARE AVAILABLE TO THE PUBLIC VIA THE FOUNDATION'S WEBSITE AT WWW.USSVI.ORG/CHARITABLEASP |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | UNITED STATES SUBMARINE VETERANS INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 061007203 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(19) & (C)(23) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | CT |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | VETERANS ORGANIZATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | PO BOX 3870 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | SILVERDALE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 983833870 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 1 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 15927 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 1 | 2201 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | CASH |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 1 | CASH |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | UNITED STATES SUBMARINE VETERANS INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 1 | UNITED STATES SUBMARINE VETERANS INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | C |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 1 | N |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CT |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1066339 |
| IRS990/TotalAssetsEOYAmt | 0 | 1003718 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1066339 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1003718 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 60240 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 12564 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 98905 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 111469 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.