Mission: 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.
Programs: Scholarship program. During 2017, 39 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 $950 to $2,000. The total amount awarded in fy 2017 was $42,600.
kapss for kids program. Submarine veterans vist 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.
memorial program. During fy 2017 the foundation received $79,229 to improve and maintain memorials in the u. S.
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 (e-5 below). Total grants and support awarded for the fy2017 was $20,310, and revenue of $21,917. 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 no revenue or expenses in fy 2017. Library fund. Described in the organization's mission statement above. This program had $30 of revenue and no expenses in fy 2017. All other income and expenses were incurred as part of general operations.