Coast Guard Foundation

Year Founded:

1986

Address:

394 Taugwonk Road
Stonington, CT 6378

EIN:

42-899862

Top Leadership Pay:

President Susan Ludwig, $272,978

Employees:

Revenue:

$11,780,701

Expenses:

$10,812,171

Description

Based on its 2023 tax return, we calculate that the Coast Guard Foundation spent 39 percent of its $10.8 million budget on overhead. This is higher than our recommended 25 percent maximum overhead spending.

According to the New York Attorney General, the Coast Guard Foundation collected $70,902.02 in third-party solicitation campaigns in 2021, with net $15,761.82 (or 22%) going to the charity. This means the organization paid a third-party solicitor more than it raised during the solicitation campaigns.

We do not recommend giving to the Coast Guard Foundation. See our lists of Highly Recommended Charities and Recommended Charities for alternatives.

Mission Statement

The Coast Guard Foundation promotes the mission of the Coast Guard and supports the unique demands of the coast guard service with education, morale and relief programs for those who serve in the coast guard and their families.