Public Charity

The Ocean Foundation

The Ocean Foundation is a Public Charity headquartered in Washington, DC. Financial data from the 2025 filing: $13.2M revenue, $15.8M expenses, $17.7M total assets. 252 publicly reported grants to this organization, totaling roughly $32.3M, appear in IRS filings.

EIN: 710863908 Washington, DC Fund Raising & Fund Distribution NTEE: C12 Latest filing: 2025
Total Revenue$13.2M
Total Expenses$15.8M
Total Assets$17.7M
Grant Records252
Funding Total$32.3M
Filing Years2020–2025

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.

Where $100 goes at The Ocean Foundation

How The Ocean Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$86 Programs the work itself
$9 Management running the organization
$5 Fundraising raising the next dollar

Inside the $86 for programs

$35
Protecting Marine Habitats and Special Places
40% of program spending
$21
Expanding Ocean Literacy and Public Awareness
25% of program spending
$16
Building the Capacity of the Marine Conservation Community
18% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary Angel E Braestrup
Program Director Benjamin Scheelk
Director Denise Naguib
Director Ed Tillinghast Iii
Chairman (on leave) Elliot S Cafritz
Program Director Erica Nunez

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$14,981,494 41 grants
General Support
$7,837,017 105 grants
Animal Welfare
$3,568,229 15 grants
Environment & Conservation
$3,322,007 50 grants
Health & Medicine
$330,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $13.2M $15.8M $17.7M
2024 $18.8M $18.8M $23.2M
2023 $15.2M $15.9M $18.3M
2021 $9.1M $8.5M $16.4M
2020 $18.5M $8.8M $15.4M

Between 2020 and 2025, reported annual revenue declined from $18.5M to $13.2M (-29%), with total assets most recently reported at $17.7M.

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

See the full picture for The Ocean Foundation

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