CharityWatch REPORT
Issued October 2015

Contact & General Information

Navy SEAL Foundation
1619 D Street, Bldg 5326
Virginia Beach, VA 23459
Tax Status: 501(c)3

Other Names

SEAL-Naval Special Warfare Foundation
Charities often solicit donors under multiple names. CharityWatch is aware of this charity soliciting donors using the above names.

Downgraded for High Assets

This rating has been downgraded from "A+" due to the charity having 4.10 years worth of available assets in reserve.

Stated Mission

To provide immediate and ongoing support and assistance to the Naval Special Warfare community and their families.

Large Asset Reserves

CharityWatch reduces the grade of any charity that has available assets equal to three to five years of operating expenses. Charities with "years of available assets" of more than five years receive an "F" grade regardless of other measurements. In CharityWatch's view, a reserve of less than three years is reasonable and does not affect a charity's grade. These reductions in grades are based solely on the charities' asset reserves as compared to budget. The CharityWatch definition of "years of available assets" includes funds currently available for the charity's use, including investments that the charity has set aside as a reserve but could choose to spend if it wanted to do so. Navy SEAL Foundation's letter grade rating has been downgraded because it has 3 or more years of available assets.
See CRITERIA to learn more about how CharityWatch considers a charity’s asset reserves and the HIGH ASSET CHART for a list of charities whose ratings have been reduced due to high assets.
Fiscal Year Ended 12/31/14

Program Percentage :  93 %

Calculated Total Expenses (rounded) :  $8,800,000 

A charity's Program % is the percentage of its cash budget it spends on Programs relative to Overhead (Fundraising and Management & General Expenses)

Cost to Raise $100 :  $ 1

Calculated Total Contributions (rounded) :  $14,000,000 

Cost to Raise $100 signifies how many dollars a charity spends on Fundraising to raise each $100 of Contributions.

Government Funding

CharityWatch calculates the percentage of a charity's cash revenue received from government sources for informational purposes for those donors who would like to factor a charity's range of government funding into their giving decisions. Donors should keep in mind that funding from the government does not automatically signal that a charity is well-governed and/or more efficient than other charities.

For the reporting year rated by CharityWatch, this charity received cash grants/contributions from government sources within a range of:

0% to 24%

Financial Documents

Navy SEAL Foundation's rating is based on CharityWatch's in-depth analysis of the following documents for the fiscal year represented:

Entity Document Type Tax Id #
Navy SEAL Foundation IRS Form 990 31-1728910
Navy SEAL Foundation & Subsidiary Audited Consolidated Financial Statements 31-1728910

See the CRITERIA to learn why CharityWatch analyzes multiple documents before computing a charity's rating.

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