Before you apply to Schmidt Ocean Institute
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Private Foundation
Schmidt Ocean Institute
Schmidt Ocean Institute, of Palo Alto, CA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $9.4M in revenue, $36.9M in expenses, $108.5M in total assets. IRS filings disclose 56 grants awarded by this foundation, totaling roughly $3.2M.
EIN: 264562328
Palo Alto, CA
Marine Science & Oceanography
NTEE: U21
Latest filing: 2024
Total Revenue$9.4M
Total Expenses$36.9M
Total Assets$108.5M
Grants Given56
Grant Total$3.2M
Filing Years2019–2024
Sample Grants Given
The Regents of the University of California
Seawater measurements to track ocean acidification
$180,000
University of South Florida Foundation Inc
To support university programs that broaden access to the OCEAN STEAM fields and related blue economy workforce
$100,000
Marine Technology Society Inc
MATE ROV Competition
$100,000
University Corporation for Atmospheric Research
National Oceans Science Bowl 2024
$99,831
Marine Technology Society Inc
MATE ROV 2024 Competition and Championship
$50,000
Showing up to 5 of 56 total records — full history available with membership.
Officers & Directors
DIRECTOR/VICE PRESIDENT
Eric Schmidt
SECRETARY
Frances Babb
TREASURER/CHIEF FINANCIAL OFFICER
John Kelly
EXECUTIVE DIRECTOR
Jyotika Virmani
DIRECTOR/PRESIDENT
Wendy Schmidt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $9.4M | $36.9M | $108.5M |
| 2023 | $78.3M | $33.5M | $137.3M |
| 2022 | $46.9M | $21.8M | $99.9M |
| 2020 | $65.0M | $26.8M | $69.3M |
| 2019 | $17.9M | $27.7M | $29.4M |
Between 2019 and 2024, reported annual revenue declined from $17.9M to $9.4M (-48%), with total assets most recently reported at $108.5M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in CA, CO, DC, FL, HI, MD, and 4 other states.
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Full geographic grant map with state-by-state breakdown available with membership.