THE NAVAL ACADEMY FUND

NUMBER OF DONORS: 32,626
TOTAL DOLLARS RAISED: $131,658,598
Total Support for the Superintendent’s Unrestricted Fund: $10,300,000

The Naval Academy Fund is the most powerful and versatile way to support the Naval Academy. It is the engine that fuels all Academy philanthropy and allows the Superintendent the flexibility to meet the emerging needs of USNA, in advance of or in excess of the government funding that supports general Academy operations. 

In addition, the Naval Academy Fund supports mission critical Alumni Association programs and services including Shipmate magazine, class reunion support, career services, WaveTops e-newsletter, usna.com and staff support for alumni chapters and parent clubs worldwide. 

Unrestricted gifts to the Naval Academy Fund provide the sole source of funding for the operations and staffing of the Foundation. In turn, the Foundation executes all fundraising in support of the Naval Academy, averaging well more than $60 million in annual commitments over the last several years. The Foundation stewards these gifts responsibly; the average cost of fundraising for the Foundation remains at about 16 cents on the dollar, well within national best practice parameters.

EXAMPLES OF NAVAL ACADEMY FUND IMPACT:

• U.K. Scholarship Program
• Diversity and Inclusion Initiative
• NAPS Athletic Program
• MacDonough Hall equipment upgrades
• Rickover Hall technology upgrade
• Shipmate magazine
• Virtual events series
• Service Academy Career Conference (SACC)
• Virtual Alumni Business Directory
• Support for your class, chapter and club

“My wife Teresa and I have always focused our charitable giving on education. We believe we are helping fund the ‘margin of excellence’ at USNA, an institution we believe is a national asset.” - Charlie Cannon ’74