Naval Academy Fund Flashcards
What is the Naval Academy Fund (NAF)?
The NAF is the most powerful and versatile way to support the U.S. Naval Academy. It is the engine that fuels all Academy philanthropy and allows the Superintendent the flexibility to meet the emerging needs of USNA. It supports 3 distinct needs: The Brigade of Midshipmen, The Alumni Association, The Foundation. $9 million annual goal
How are gifts to the NAF used?
The Naval Academy Foundation is a self -funded organization and gifts to the NAF provide support for all Foundation operations. Additionally, ~ $2 million annually supports the Alumni Association’s works, such as Shipmate magazine, reunion activity and other alumni engagement opportunities. Finally, Academy leadership uses unrestricted gifts to the NAF to jump start or sustain programs including study abroad opportunities, senior year Capstone projects and experiential leadership development.
How much money can the Superintendent designate to emerging initiatives in need of support? (from 2022-2023 Impact Report)
$2 million
What are the Supe’s emerging needs? (2022-2023 Impact Report)
- A study for the expansion and relocation of the
columbarium - Midshipmen mental health and resiliency resources,
including the expanded use of web-based tools such
as NeuroFlow. - Admissions marketing and outreach
- Diversity and Inclusion Initiatives
- U.K. Scholarship Program
- Midshipman Experiential Leadership opportunities
(NOLS) - NAPS Athletic Program
- Superintendent’s representational support
How does the NAF support the Alumni Association?
NAF provided $2.6 million to the Alumni Association to support programs. NAF augments other Alumni Association revenue streams to help provide alumni services such as Shipmate magazine, class reunion support, career services, WaveTops e-news, usna.com and staff support for alumni chapter, shared interst groups and parent clubs worldwide (most colleges and universities partially fund their alumni operations but by law the Naval Academy cannot provide that support).
How does the NAF support the Foundation?
Unrestricted gifts to the NAF provide funding for operations and staffing of the Foundation. For every $1 spent on the Foundation operations we raise $7 for the Academy
What is the Unrestricted Donor Wall?
Digital display in Fluegel Alumni Center that recognizes annual contributions of donors making gifts of $5,000 or more. Each year to the Naval Academy Fund. All gifts 5k+ will be recognized in the following calendar year.
