Private Foundation

BLUE OCEAN INC

BLUE OCEAN INC, of GERMANTOWN, MD, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.9M in revenue, $467K in expenses, $8.2M in total assets. IRS filings disclose 110 grants awarded by this foundation, totaling roughly $2.1M.

EIN: 204360719 GERMANTOWN, MD Latest filing: 2025
Total Revenue$2.9M
Total Expenses$467K
Total Assets$8.2M
Grants Given110
Grant Total$2.1M
Filing Years2021–2025

Sample Grants Given

KYUNG JOON LEE
2024
SUPPORT CHILDREN EDUCATION PROGRAM
$80,000
MARU CULTURE CENTER
2024
SUPPORT FOR EMPOWERING WOMAN
$55,000
UNIVERSITY OF THE NATION KONA
KAILUA KONA, HI · 2024
SCHOLARSHIPS FOR STUDENTS
$51,200
GLOBAL MISSION CHURCH
2024
SUPPORT REHABILITATION EDUCATION
$50,000
DONGAN CHURCH
2024
SUPPORT BALI VOCATIONAL SCHOOL
$40,000

Showing up to 5 of 110 total records — full history available with membership.

Officers & Directors

DIR OF ADMIN Hey Ran Lee
EVP & STRATE Ho June Lee
TREASURER Hyung Joon Kim
PUBLIC RELAT Hyun Joo Lee
PRESIDENT Kwan Hee Lee
TRUSTEE Miyoung Ju Lee

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT
$315,000 17 grants
SCHOLARSHIPS FOR STUDENTS
$308,400 7 grants
SUPPORT GRACE HOME ORPHANAGE
$242,750 6 grants
CHILDREN EDUCATION & AIDS PREVENTION
$222,910 3 grants
SUPPORT FOR EMPOWERING WOMAN
$215,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.9M $467K $8.2M
2024 $174K $426K $5.8M
2023 $126K $382K $6.0M
2022 $13K $344K $6.3M
2021 $10K $267K $6.6M

Between 2021 and 2025, reported annual revenue grew from $10K to $2.9M (+29852%), with total assets most recently reported at $8.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in HI, IL, IN, MA, MD, MI, and 4 other states.

HIILINMAMDMINJNVNYVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for BLUE OCEAN INC

Complete financials, all 110 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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