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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees The Naval Institute Foundation Inc. Heather Lancaster

Heather Lancaster

OfficerTrustee/director

COO, Secretary, Director at The Naval Institute Foundation Inc.

Fiscal year ended December 31, 2024. Published on January 25, 2026.

$221,662
2024

Total compensation

Heather Lancaster has been listed as an employee of The Naval Institute Foundation Inc. in Form 990 filings since fiscal year 2018. Total compensation for Heather Lancaster has increased by 57.9% from 2018 to 2024.

Annual compensation details

$221,662
+18.9%
COO, Secretary, Director
2024
$212k related
5 hrs/wk
$11k other
--
$186,383
-4.7%
COO, Secretary, Director
2023
$180k related
5 hrs/wk
$8k other
--

Total compensation by year

Compare the compensation of Heather Lancaster to:

2024

Other employees at The Naval Institute Foundation Inc.

Radm Raymond A Spicer Usn Ret
Chief Executive Officer and Director
$387,646
$0 from org$362,246 from related$25,400 other
Douglas Wallen
Treasurer
$248,858
$0 from org$213,623 from related$35,235 other
Vadm Peter H Daly Usn Ret
Former CEO, Consultant
$165,333
$0 from org$165,239 from related$94 other
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Revisions to this profile

January 25, 2026:
2024 The Naval Institute Foundation Inc. 990 published
January 25, 2026:
2023 The Naval Institute Foundation Inc. 990 published
January 25, 2026:
2022 The Naval Institute Foundation Inc. 990 published

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$195,646
+16%
COO, Secretary, Director
2022
$189k related
5 hrs/wk
$7k other
--
$168,695
+1.4%
COO, Secretary, Director
2021
$163k related
5 hrs/wk
$7k other
--
$166,437
+3.8%
COO, Secretary, Director
2020
$161k related
5 hrs/wk
$7k other
--
$160,355
+14.2%
COO, Secretary, Director
2019
$155k related
5 hrs/wk
$6k other
--
$140,373
COO, Secretary, Trustee, Sept-Dec
2018
$137k related
5 hrs/wk
$5k other
--

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