The Ocean Foundation

Washington, DC, 20036 (202) 887-8996 Est. 2001 EIN 71-0863908
C12 - Fund Raising & Fund Distribution 990 - Public charity return 501(c)(3)
www.oceanfdn.org

Mission

As the only community foundation for the ocean, The Ocean Foundation's 501(c)(3) mission is to improve global ocean health, climate resilience, and the blue economy. We create partnerships to connect people in the communities in which we work to the informational, technical, and financial resources they need to achieve their ocean stewardship goals.

Giving Portfolio

Total Grants
110
Total Giving
$4.5M
Recipients
88
Years Active
2019 - 2024
Avg grant: $39,507 Median: $20,125

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202424$867K $36K177
202244$2.0M $46K1111
202021$781K $37K714
201921$811K $39K210

Sectors Funded

Environment
24
Education
14
Animal-Related
10
Science & Technology
3
Philanthropy & Grantmaking
2
Arts, Culture & Humanities
2
Youth Development
1
Unknown
1
and 1 more sectors

Top States

California
18
Washington
16
District of Columbia
14
Florida
10
New York
9
North Carolina
6
Oregon
6
Virginia
3
and 13 more states

Grantee Size Profile

$1M - $5M
18
Over $50M
14
$100K - $500K
9
$10M - $50M
8
$5M - $10M
8

Top Grantees

Page 1 of 3
Conservacion ConCiencia
- 4 grants
$655K
Brick City TV LLC
NY - 3 grants
$420K
University of Oregon
OR - 2 grants
$249K
Deep Green Wilderness
WA - 5 grants
$191K
The Harte Research Inst
TX - 2 grants
$182K
Oregon State Univ
OR - 2 grants
$141K

Grants Awarded · 61 grants

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Financials

Total Revenue
$13,196,134
Total Expenses
$15,812,467
Net Assets
$16,331,816
47 employees 13 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
12.4 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 30.0%
Expenses ↓ 16.0%
Revenue Sources
Contributions 92.2% Earned revenue 7.4% Investment 0.1%
Expense Breakdown
Program 89.5% Management 9.9% Fundraising 0.6%

Officers & Trustees (20)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$13,196,134 ↓$15,812,467$16,331,816
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$15,185,892 ↓$15,947,473$15,061,115
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$18,854,739 ↑$15,869,946$18,807,489
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$9,142,772 ↓$8,502,759$15,585,049
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$18,510,600 $8,760,634$14,859,130

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EIN: 71-0863908 · Source: IRS Form 990 e-file data