EIN 59-1644333

Harbor Branch Oceanographic Institution Foundation (HBOIF)

IRS 501(c) type
501(c)(3)
Num. employees
2
State
Year formed
1975
Most recent tax filings
2023-06-01
Description
The mission of Harbor Branch Oceanographic Institute Foundation, Inc. (HBOIF) is to support Harbor Branch Oceanographic Institute, a research institute within Florida Atlantic University.
Also known as...
Harbor Branch Oceanographic Institute Foundation
Total revenues
$3,708,847
2023
Total expenses
$7,022,912
2023
Total assets
$100,207,340
2023
Num. employees
2
2023

Program areas at HBOIF

Harbor Branch Oceanographic Institute Foundation, Inc. is the legislatively-designated recipient from the state of Florida for and administers the Florida "protect wild dolphins", "protect Florida whales", "aquaculture", and "save our seas" license plates along with the calculated annual spendable funding generated from investments support vetted finite grants subject to specified terms. Said grant helped fund the addition of certain new faculty, provided faculty incentives, and provided salary support, research projects, fellowships, and certain operational support at the Harbor Branch Oceanographic Institute at fau.

Grants made by HBOIF

GranteeGrant descriptionAmount
Clearwater Marine AquariumResearch Grants$10,000
Blue World Research InstituteResearch Grants$10,000
Gulf World Marine InstituteResearch Grants$6,635

Who funds Harbor Branch Oceanographic Institution Foundation (HBOIF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$25,000
Network for GoodUnrestricted$6,885
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$6,000
...and 2 more grants received

Personnel at HBOIF

NameTitleCompensation
Barbra KavanaughOfficer / Interim Executive Director$102,855
John PapaBoard Member$0
Marjorie D RainesTreasurer$0
Will J StewartSecretary and$0
Michael O'ReillyBoard Chair$0
...and 7 more key personnel

Financials for HBOIF

RevenuesFYE 06/2023
Total grants, contributions, etc.$3,086,599
Program services$0
Investment income and dividends$2,283,258
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$66,365
Net gain from sale of non-inventory assets$-1,727,483
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$108
Total revenues$3,708,847

Form 990s for HBOIF

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-28990View PDF
2021-062021-11-11990View PDF
2020-062021-02-22990View PDF
2019-062020-02-07990View PDF
2018-062019-02-21990View PDF
...and 8 more Form 990s
Data update history
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from The Prentice Foundation
July 22, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 1 new personnel
July 1, 2023
Used new vendors
Identified 1 new vendor, including
May 21, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from The Prentice Foundation
Nonprofit Types
Grantmaking organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Provides grantsConducts researchLobbyingState / local levelReceives government fundingEndowed supportTax deductible donations
General information
Address
3545 Ocean Dr Suite 201
Vero Beach, FL 32963
Metro area
Sebastian-Vero Beach, FL
County
Indian River County, FL
Website URL
hboifoundation.org/ 
Facebook page
HarborBranch 
IRS details
EIN
59-1644333
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U00: Science and Technology Research: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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