EIN 81-5132355

American Friends of the Ocean Cleanup Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2017
Most recent tax filings
2023-12-01
Description
The American Friends of the Ocean Cleanup Foundation's mission is to preserve and protect the natural ocean environment for the benefit of the public, including promoting, developing, and performing environmentally friendly waste extraction and removal from oceans, seas, and other bodies of water. The Foundation solicits donations in the U.S. to support clean up initiatives worldwide while reviewing these donations.
Also known as...
The Ocean Cleanup North Pacific Foundation
Total revenues
$19,747,898
2023
Total expenses
$30,619,405
2023
Total assets
$20,673,378
2023
Num. employees
0
2023

Program areas at American Friends of the Ocean Cleanup Foundation

American Friends of the Ocean Cleanup, Foundation ("the Foundation") is responsible for soliciting donations in the u.s, primarily to support clean up initiatives in oceans, rivers, and other bodies of water around the world. These donations are reviewed by an independent board, and certain grants are approved to be made to the related dutch organization, stichting the Ocean Cleanup ("stichting"), to be used in support of their mission, which is aligned with the Foundation's mission of protecting the oceans, throughout the world. the Foundation has full control and discretion over the donated funds it receives and maintains proper internal controls and processes for the approval of grants to stichting.

Who funds American Friends of the Ocean Cleanup Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Endowment FoundationScience$25,004,500
Troper Wojcicki FoundationGeneral Support$750,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$182,006
...and 55 more grants received totalling $27,150,290

Personnel at American Friends of the Ocean Cleanup Foundation

NameTitleCompensation
Boyan SlatChief Executive Officer and Chairman$0
Joost Emile DuboisDirector of Communications$0

Financials for American Friends of the Ocean Cleanup Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$19,290,786
Program services$0
Investment income and dividends$457,112
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$19,747,898

Form 990s for American Friends of the Ocean Cleanup Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-09990View PDF
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-06-09990View PDF
2019-122021-02-09990View PDF
...and 2 more Form 990s

Organizations like American Friends of the Ocean Cleanup Foundation

OrganizationLocationRevenue
International Council on Clean Transportation (ICCT)Washington, DC$34,948,293
Pure EarthNew York, NY$5,230,809
Cool EffectGreenbrae, CA$18,784,571
One Earth PhilanthropyCulver City, CA$5,051,054
Verra (VCS)Washington, DC$29,804,931
Climate LeadSan Francisco, CA$30,996,407
Columbia RiverkeeperHood River, OR$5,571,934
MultiplierSan Francisco, CA$74,976,144
The Longwood Collective (MASCO)Boston, MA$36,046,444
Environmental Research and Education Foundation (EREF)Raleigh, NC$8,049,286
Data update history
November 24, 2024
Received grants
Identified 4 new grant, including a grant for $25,004,500 from American Endowment Foundation
October 31, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 15, 2024
Updated personnel
Identified 1 new personnel
August 25, 2024
Received grants
Identified 20 new grant, including a grant for $163,469 from American Online Giving Foundation
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from Bailey Lamson Family FDTN
Nonprofit Types
Corporate foundationsSocial advocacy organizationsEnvironmental organizationsCharities
Issues
PollutionEnvironment
Characteristics
Operates internationallyNational levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
228 E 45th St Suite 9e
New York, NY 10017
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
theoceancleanup.com/ 
Phone
(332) 236-8004
IRS details
EIN
81-5132355
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C20: Pollution Abatement and Control Services
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0261349
FTB Entity ID
4039439
AB 488 data last updated ("as-of") date
2025-03-05
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