Mission
To support research into ocean exploration, marine science, and underwater archaeology.
Small Public Charity
Oceangate Foundation
Oceangate Foundation is a Small Public Charity headquartered in Washington, DC. Financial data from the 2023 filing: $40K revenue, $81K expenses, $74K total assets. 5 publicly reported grants to this organization, totaling roughly $190K, appear in IRS filings.
EIN: 463977125
Washington, DC
Science & Technology N.E.C.
NTEE: U99
Latest filing: 2023
Total Revenue$40K
Total Expenses$81K
Total Assets$74K
Grant Records5
Funding Total$190K
Filing Years2022–2023
Where $100 goes at Oceangate Foundation
How Oceangate Foundation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 2 years.
$77
Programs
the work itself
$23
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $77 for programs
$48
The organization gave grants to researchersin marine sciences
$29
The organization launched various ocean explorationexpeditions
Source: Form 990-EZ filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FOR RECIPIENT'S EXEMPT PURPOSE
$10,000
$30,288
For grant recipient's exempt purposes
$58,333
For grant recipient's exempt purposes
$58,333
Gen Operating Supprt
$33,333
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
Vice President
Chris Bechold
President
David Williamson
Director
Steven Phelps
Treasurer
Wendy Rush
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $40K | $81K | $74K |
| 2022 | $158K | $143K | $130K |
Between 2022 and 2023, reported annual revenue declined from $158K to $40K (-75%), with total assets most recently reported at $74K.
Interactive year-over-year charts and full filing details available with membership.