Ocean Foundation

Organization Overview

Ocean Foundation is located in Washington, DC. The organization was established in 2002. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 06/2022, Ocean Foundation employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Ocean Foundation generated $11.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $11.5m during the year ending 06/2022. While expenses have increased by 10.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Ocean Foundation has awarded 119 individual grants totaling $4,484,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE OCEAN FDN IS A UNIQUE COMMUNITY FOUNDATION WITH A MISSION TO SUPPORT, STRENGTHEN, AND PROMOTE THOSE ORGANIZATIONS DEDICATED TO REVERSING THE TREND OF DESTRUCTION OF OCEAN ENVIRONMENTS AROUND THE WORLD. OUR SLOGAN IS "TELL US WHAT YOU WANT TO DO"

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROTECTING SPECIES OF CONCERN - FOR MANY OF US, OUR FIRST INTEREST IN THE OCEANS BEGAN WITH AN INTEREST IN THE LARGE ANIMALS THAT CALL IT HOME. WHETHER IT BE THE AWE INSPIRED BY A GENTLE HUMPBACK WHALE, THE UNDENIABLE CHARISMA OF A CURIOUS DOLPHIN, OR THE FEROCIOUS GAPING MAW OF A GREAT WHITE SHARK, THESE ANIMALS ARE MORE THAN JUST THE AMBASSADORS OF THE SEA. THESE APEX PREDATORS AND KEYSTONE SPECIES KEEP THE OCEAN ECOSYSTEM IN BALANCE, AND THE HEALTH OF THEIR POPULATIONS OFTEN SERVES AS AN INDICATOR FOR THE HEALTH OF THE OCEANS AS A WHOLE.


EXPANDING OCEAN LITERACY AND PUBLIC AWARENESS - ONE OF THE MOST SIGNIFICANT BARRIERS TO PROGRESS IN THE MARINE CONSERVATION SECTOR IS A LACK OF REAL UNDERSTANDING ABOUT THE VULNERABILITY AND CONNECTIVITY OF OCEAN SYSTEMS. IT IS EASY TO THINK OF THE OCEANS AS VAST, ALMOST UNLIMITED SOURCES OF FOOD AND RECREATION WITH ABUNDANT ANIMALS, PLANTS, AND PROTECTED SPACES. THUS, IT CAN BE DIFFICULT TO SEE THE DESTRUCTIVE CONSEQUENCES OF HUMAN ACTIVITIES ALONG THE COAST AND BELOW THE SURFACE. THIS LACK OF AWARENESS CREATES A SIGNIFICANT NEED FOR PROGRAMS THAT EFFECTIVELY COMMUNICATE HOW THE HEALTH OF OUR OCEANS RELATES TO CLIMATE CHANGE, THE GLOBAL ECONOMY, BIODIVERSITY, HUMAN HEALTH, AND OUR QUALITY OF LIFE.


PROTECTING MARINE HABITATS AND SPECIAL PLACES - OUR OCEANS ARE A MOSAIC OF SPECIAL PLACES, FROM THE BUSTLING VIBRANCY OF CORAL REEFS TO THE TIDAL POOLS OF THE ROCKY COASTS TO THE STARK, GLISTENING BEAUTY OF THE FROZEN ARCTIC. THESE HABITATS AND ECOSYSTEMS ARE MORE THAN JUST PICTURESQUE; THEY ALL PROVIDE VITAL BENEFITS TO THE HEALTH OF THE OCEAN, THE PLANTS AND ANIMALS THAT LIVE IN THEM, AND THE HUMAN COMMUNITIES THAT DEPEND ON THEM.


BUILDING THE CAPACITY OF THE MARINE CONSERVATION COMMUNITY - THERE ARE MANY OUTSTANDING CONSERVATION ORGANIZATIONS DEDICATED TO PROTECTING AND PRESERVING OUR OCEANS. THE OCEAN FOUNDATION PROVIDES ASSISTANCE TO THESE ENTITIES, WHICH HAVE A NEED TO DEVELOP A CERTAIN SKILL OR COMPETENCE, OR FOR GENERAL UPGRADING OF PERFORMANCE ABILITY. THE OCEAN FOUNDATION WAS CREATED IN PART TO BRING NEW FINANCIAL AND TECHNICAL RESOURCES TO THE TABLE SO THAT WE CAN INCREASE THE CAPACITY OF THESE ORGANIZATIONS TO PURSUE THEIR MISSIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Merello Marine Consulting Llc
Consulting
$148,100
Nai'a Lewis
Consulting
$127,481
Kalas Consulting Inc
Consulting
$109,970
Blue Planet Strategies Llc
Consulting
$142,589
Sonja Fordham
Consulting
$108,028
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $704,037
All other contributions, gifts, grants, and similar amounts not included above$10,410,586
Noncash contributions included in lines 1a–1f $35,517
Total Revenue from Contributions, Gifts, Grants & Similar$11,114,623
Total Program Service Revenue$637,529
Investment income $7,148
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $38,340
Net Gain/Loss on Asset Sales -$1,106
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,796,534

Grants Awarded

Over the last fiscal year, Ocean Foundation has awarded $675,413 in support to 22 organizations.

Grant RecipientAmount

CONSERVACION CONCIENCIA

PURPOSE: general ops support

$138,900

VIEQUES CONSERVATION

Org PageRecipient Profile

Vieques, PR

PURPOSE: support habitat restoration

$62,736

THE TRUSTEES OF RESERVATIONS

Org PageRecipient Profile

Boston, MA

PURPOSE: Great Marsh Blue Feasibility Study

$50,000

DON HANSON FDTN INC

Org PageRecipient Profile

Atlanta, GA

PURPOSE: general ops support

$45,728

SMITHSONIAN INSTITUTION

Org PageRecipient Profile

Washington, DC

PURPOSE: DNA analysis of Mangrove forests

$42,783

UNIV GUAM ENDOWMENT FDTN

Org PageRecipient Profile

Mangilao, GU

PURPOSE: Support for climate strong island

$35,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 57 grants that Ocean Foundation has recieved totaling $4,515,319.

Awarding OrganizationAmount
Pew Charitable Trusts

Washington, DC

PURPOSE: Policy

$1,769,432
Rockefeller Philanthropy Advisors Inc

New York, NY

PURPOSE: GENERAL

$502,667
Gordon E And Betty I Moore Foundation

Palo Alto, CA

PURPOSE: TO SUPPORT OUTREACH AND EDUCATION FOR FISHERIES SCIENCE AND MANAGEMENT AND OCEAN HABITAT CONSERVATION.

$275,000
Gordon E And Betty I Moore Foundation

Palo Alto, CA

PURPOSE: TO SUPPORT OUTREACH AND EDUCATION FOR FISHERIES SCIENCE AND MANAGEMENT AND OCEAN HABITAT CONSERVATION.

$275,000
Pew Charitable Trusts

Washington, DC

PURPOSE: Policy

$233,497
Vranos Foundation

Pennington, NJ

PURPOSE: UNRESTRICTED GENERAL

$100,000
View Grant Recipient Profile

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