EIN 71-0863908

The Ocean Foundation (TOF)

IRS 501(c) type
501(c)(3)
Num. employees
42
Year formed
2001
Most recent tax filings
2022-06-01
Description
The Ocean Foundation (TOF) is a unique community foundation with a mission to support, strengthen, and promote those organizations dedicated to reversing the trend of destruction of ocean environments around the world.
Total revenues
$11,796,534
2022
Total expenses
$11,541,472
2022
Total assets
$16,715,684
2022
Num. employees
42
2022

Program areas at TOF

PROTECTING SPECIES OF CONCERN - For many of us, our first interest in the oceans began with an interest in the large animals that call it home. Whether it be the awe inspired by a gentle humpback whale, the undeniable charisma of a curious dolphin, or the ferocious gaping maw of a great white shark, these animals are more than just the ambassadors of the sea. These apex predators and keystone species keep the ocean ecosystem in balance, and the health of their populations often serves as an indicator for the health of the oceans as a whole.
PROTECTING MARINE HABITATS AND SPECIAL PLACES - Our oceans are a mosaic of special places, from the bustling vibrancy of coral reefs to the tidal pools of the rocky coasts to the stark, glistening beauty of the frozen Arctic. These habitats and ecosystems are more than just picturesque; they all provide vital benefits to the health of the ocean, the plants and animals that live in them, and the human communities that depend on them.
EXPANDING OCEAN LITERACY AND PUBLIC AWARENESS - One of the most significant barriers to progress in the marine conservation sector is a lack of real understanding about the vulnerability and connectivity of ocean systems. It is easy to think of the oceans as vast, almost unlimited sources of food and recreation with abundant animals, plants, and protected spaces. Thus, it can be difficult to see the destructive consequences of human activities along the coast and below the surface. This lack of awareness creates a significant need for programs that effectively communicate how the health of our oceans relates to climate change, the global economy, biodiversity, human health, and our quality of life.
BUILDING THE CAPACITY OF THE MARINE CONSERVATION COMMUNITY - There are many outstanding conservation organizations dedicated to protecting and preserving our oceans. The Ocean Foundation provides assistance to these entities, which have a need to develop a certain skill or competence, or for general upgrading of performance ability. The Ocean Foundation was created in part to bring new financial and technical resources to the table so that we can increase the capacity of these organizations to pursue their missions.

Grants made by TOF

GranteeGrant descriptionAmount
The Vieques Conservation and Historical TrustSupport Habitat Restoration$62,736
The Trustees of ReservationsGreat Marsh Blue Feasibility Study$50,000
Don Hanson FoundationGeneral Ops Support$45,728
...and 10 more grants made

Who funds The Ocean Foundation (TOF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Pew Charitable Trusts (Pew)Policy$1,769,432
Rockefeller Philanthropy Advisors (RPA)General$502,667
National Philanthropic TrustEnvironment, Animals$445,873
...and 63 more grants received totalling $5,072,202
Federal funding details
Federal agencyProgram nameAmount
Department of CommerceUNALLIED SCIENCE PROGRAM$275,045
Department of CommerceOCEAN ACIDIFICATION PROGRAM (OAP)$219,264
Department of the InteriorENDANGERED SPECIES CONSERVATION R RECOVERY IMPLEMENTATION FUNDS$79,132
...and 7 more federal grants / contracts

Personnel at TOF

NameTitleCompensation
Mark J SpaldingPresident$300,258
Tamika WashingtonFinance and Operations Director$132,340
Shana MillerProgram Director / Program Manager$143,992
Shree KarmacharyaSenior Accountant and Operations Manager
Alexa PustAnnual Giving Manager
...and 11 more key personnel

Financials for TOF

RevenuesFYE 06/2022
Total grants, contributions, etc.$11,114,623
Program services$637,529
Investment income and dividends$7,148
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$38,340
Net gain from sale of non-inventory assets$-1,106
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$11,796,534

Form 990s for TOF

Fiscal year endingDate received by IRSFormPDF link
2022-062022-11-09990View PDF
2021-062021-11-10990View PDF
2020-062021-04-02990View PDF
2019-062020-01-02990View PDF
2018-062019-02-21990View PDF
...and 8 more Form 990s
Data update history
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 5, 2023
Updated personnel
Identified 1 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 30, 2023
Updated personnel
Identified 2 new personnel
May 21, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Grantmaking organizationsEnvironmental organizationsCharities
Issues
Land and water conservationEnvironment
Characteristics
Political advocacyOperates donor advised fundsLobbyingOperates internationallyNational levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsFiscal sponsor
General information
Address
1320 19th St NW
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
oceanfdn.org/ 
Phone
(202) 887-8996
Facebook page
OceanFdn 
Twitter profile
@oceanfdn 
IRS details
EIN
71-0863908
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C32: Water Resource, Wetlands Conservation and Management
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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