Daffy

Ocean Foundation

Ocean Foundation

Washington, DC 20036
Tax ID71-0863908

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About this organization

Revenue

$8,496,190

Expenses

$7,604,021

Mission

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. We work with a community of donors who care about the coasts and ocean to grow the financial resources available to support marine conservation in order to promote healthy and abundant ocean ecosystems and benefit the human communities that depend on them. We operate using a well-established business model (the community foundation) to serve donors and partners interested in marine conservation. As such, TOF works towards increasing the capacity of conservation organizations, hosting projects and funds, and supporting those working to improve the health of ocean ecosystems.

About

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.

Interesting data from their 2019 990 filing

The non-profit's mission is outlined in the filing as being “The ocean fdn is a unique community foundation with a”.

When outlining its responsibilities, they were referred to as: “The ocean fdn 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. our slogan is "tell us what you want to do”.

  • The state in which the non-profit operates has been officially reported as DC.
  • The filing reveals the non-profit's address in 2019 to be 1320 19th Street NW 5th Floor, Washington, DC, 20036.
  • As per the non-profit's form for 2019, they have 30 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $892,169.
  • The CEO salary policy within the organization is subject to review and endorsement by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 2001.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $2,135,441 in salary, compensation, and benefits to its employees.
  • The organization pays $560,512 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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