2026-04-28T10:52:17-05:00 2025-06-30 582487348 Aprio Advisory Group LLC 2185 N California Blvd Suite 350 Walnut Creek CA 94596 990 2024-07-01 710863908 The Ocean Foundation OCEA 2028878996 1320 19th Street NW Suite 401 Washington DC 20036 Mark J Spalding President 2028878996 2026-04-27 1 1 Stacy Cullen P00974308 9252102180 2026-04-27 2024 2025-03-06 01:10:19Z Mark J Spalding 1320 19th Street NW Suite 401 Washington DC 20036 14478580 0 X www.oceanfdn.org X 2001 DC To improve global ocean health, climate resilience, and the blue economy. We create partnerships to connect people in the communities in which we work to the informational, technical, and financial resources they need to achieve their ocean stewardship goals. 14 13 47 13 0 0 16846611 12160757 1522138 970251 142632 14460 335647 50666 18847028 13196134 4242241 3869109 0 0 5105844 3378773 0 0 96027 9478846 8564585 18826931 15812467 20097 -2616333 23212933 17747319 4362097 1415503 18850836 16331816 X As the only community foundation for the ocean, The Ocean Foundation's 501(c)(3) mission is to improve global ocean health, climate resilience, and the blue economy. We create partnerships to connect people in the communities in which we work to the informational, technical, and financial resources they need to achieve their ocean stewardship goals. 0 0 5707382 819798 221598 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 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. 3515615 1512616 239349 Expanding Ocean Literacy and Public Awareness - One of the most significant barriers to progress in the marine conservation sector is the lack of genuine understanding about the vulnerability and connectivity of ocean systems. It is easy to view the oceans as vast, nearly unlimited sources of food and recreation, filled with abundant animals, plants, and protected spaces. As a result, it can be difficult to recognize the destructive consequences of human activities along the coast and beneath the surface. This lack of awareness creates a substantial need for programs that effectively communicate how the health of our oceans is connected to climate change, the global economy, biodiversity, human health, and our quality of life. 2568683 1066356 87273 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. 2365578 470339 472697 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 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 of the health of the oceans as a whole. 2365578 470339 472697 14157258 1 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 76 0 1 47 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN VA WA WV WI X Jennifer Stahl 2028878996 1320 19th Street NW Suite 401 Washington DC 20036 Mark J Spalding President 60.00 X X 271551 0 21714 Elliot S Cafritz Chairman (on leave) 1.00 X X 0 0 0 Joshua Ginsberg Chairman 1.00 X X 0 0 0 Angel E Braestrup Secretary 1.00 X X 0 0 0 Thomas Brigandi Treasurer 1.00 X X 0 0 0 Patrick Flynn Director 1.00 X 0 0 0 Olha Krushelnytska Director 1.00 X 0 0 0 Imani Fairweather Morrison Director 1.00 X 0 0 0 Lumay Wang Murphy Director 1.00 X 0 0 0 Denise Naguib Director 1.00 X 0 0 0 Russell F Smith Director 1.00 X 0 0 0 Karen Thorne Director 1.00 X 0 0 0 Ed Tillinghast III Director 1.00 X 0 0 0 Lisa Volgenau Director 1.00 X 0 0 0 Rolando Morillo Director (JUL - SEPT) 1.00 X 0 0 0 Shana Miller Program Director 40.00 X 168629 0 1208 Erica Nunez Program Director 40.00 X 136630 0 16456 Benjamin Scheelk Program Director 40.00 X 130100 0 9498 Mia Shade Human Resources Officer 40.00 X 123026 0 10999 Tamika Washington Fin. & Ops. Director 40.00 X 118546 0 12297 948482 0 72172 1 0 1 0 Susan Sherman 818 Harris Road Charlottesville VA 22902 Consulting 173569 High Street Strategies LLC 9 State Circle Annapolis MD 21401 Consulting 156000 Sonja Fordham 2100 Connecticut Ave NW Apt 800 Washington DC 20008 Consulting 119000 Gabrielle Johnson 834 State Street Santa Barbara CA 93101 Consulting 108883 4 2283675 9877082 12160757 Fees for Services 900099 942160 942160 Carbon Offset 900099 28091 28091 970251 30662 30662 18351 0 18351 18351 18351 1266244 1229705 52741 36539 -52741 -16202 -16202 24338 0 24338 24338 Other Income 900099 7977 7977 7977 13196134 1020917 0 14460 1876938 1876938 122700 122700 1869471 1869471 293266 220882 65260 7124 2463455 1860329 542186 60940 154161 110280 39412 4469 245885 181077 61796 3012 222006 158118 58542 5346 81238 62989 18249 345176 345176 320931 320926 5 447 252 195 324914 178701 145394 819 173287 54292 114960 4035 754175 749408 4767 227185 224821 2256 108 4526 4526 37794 27219 10575 82991 31486 51505 Pgrm. Mgmt. & Research 4487503 4487503 Project & Field Expense 1603416 1592181 11235 Donation Proc. Fees 92471 87210 5261 Dues & Subscriptions 28531 27685 705 141 15812467 14157258 1559182 96027 259306 1063296 304907 1080991 4866930 1286176 701572 786392 57175 58711 13054598 37558 1095716 13017040 1464139 217082 13015000 15688 6500 1432500 231131 23212933 17747319 645595 929806 217119 1536523 443952 1518908 485697 4362097 1415503 X 11566652 7868270 7284184 8463546 18850836 16331816 23212933 17747319 -2616333 71456 25857 0 X X 0 1 X 1 1 1 X 8260790 11114623 17221692 16846611 12160757 65604473 8260790 11114623 17221692 16846611 12160757 65604473 6692042 58912431 50963 44382 68464 49370 49013 262192 112194 131213 313946 7977 565330 66431995 4583324 0.88680 0.85670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 15812467 15812467 940623 235156 0 0 727074 943947 1000000 940623 3611644 5417466 2000 2000 4000 181769 235874 250000 235156 902799 1354199 3 3 0 135553 0 133608 74473 111763 1 1 13015000 13015000 39598 37558 2040 13017040 Operating Leases 167554 Security Deposit 3100 Other Liabilities 675 Refundable Advances 314368 485697 X 13320331 71456 71456 13248875 -52741 -52741 13196134 15865208 0 15865208 -52741 -52741 15812467 Part X, Line 2: The Foundation follows FASB ASC 740-10, Income Taxes, the authoritative guidance relating to accounting for uncertainty in income taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The Foundation performed an evaluation of uncertain tax positions for the year ended June 30, 2025, and determined that there were no matters that would require recognition in the financial statements or which may have any effect on its tax-exempt status. As of June 30, 2025, the statute of limitations for tax years through 2022 remains open with federal and state authorities. Part XI, Line 4b - Other Adjustments: Loss on Disposal of Asset -52,741. Part XII, Line 4b - Other Adjustments: Loss on Disposal of Asset -52,741. 1 North America - Canada and Mexico, but not the United States 0 0 Grantmaking Grants to Recipients 301100 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Program Service Research & Conferences 14811 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Grantmaking Grants to Recipients 141102 South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 0 0 Program Service Research 5296 South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 0 0 Grantmaking Grants to Recipients 23021 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 0 Program Service Research 16643 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 0 Grantmaking Grants to Recipients 33165 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Service Research & Conferences 9681 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Grantmaking Grants to Recipients 932146 Russia and Neighboring States - Armenia, Azerbijan, Belarus, 0 0 Grantmaking Grants to Recipients 174500 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Program Service Research & Conferences 54198 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Grantmaking Grants to Recipients 236501 South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, 0 0 Program Service Program support 3543 South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, 0 0 Grantmaking Grants to Recipients 27936 0 0 0 0 0 0 544819 1428824 1973643 Central America & Carribean General Support 36100 Wire 0 Central America & Carribean Remove Marine Debris 39202 Wire 0 East Asia and the Pacific General Support 820946 Wire 0 East Asia and the Pacific Marine Life Monitoring 12000 Wire 0 East Asia and the Pacific Research 13000 Wire 0 Europe (incl Iceland & Greenland) General Support 150969 Wire 0 Europe (incl Iceland & Greenland) Marine Life Monitoring 30000 Wire 0 North America General Support 242100 Wire 0 North America Marine Life Monitoring 24000 Wire 0 Russia & the Newly Independent States General Support 24000 Wire 0 South Asia General Support 14936 Wire 0 South Asia Marine Conservation 10000 Wire 0 Sub-Saharan Africa General Support 25000 Wire 0 19 General Support North America - Canada and Mexico, but not the United States 2 35000 General Support South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 1 2021 General Support,Marine Conservation & Remove Marine Debris East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 4 86200 General Support & Marine Conservation Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgiu 4 50532 General Support,Marine Conservation & Remove Marine Debris & Marine Life Monitoring Russia and Neighboring States - Armenia, Azerbijan, Belarus, 6 150500 General Support & Remove Marine Debris Central America and the Caribbean 2 59800 Research South Asia 1 3000 General Support,Research & Scholarship Sub-Saharan Africa 4 3415 0 0 0 0 0 0 0 Anchor Coalition Inc 4640 13th St N Arlington VA 22207 931891163 501(c)(3) 44160 0 General Support Center for Alaskan Coastal Studies 708 Smokey Bay Way Homer AK 99603 920086250 501(c)(3) 20000 0 Remove Marine Debris Coastal Coordination Program LLC 6947 Cliff Avenue Bodega Bay CA 94923 564724798 501(c)(3) 45294 0 General Support Council on Sustainable Fashion and Design of Grenada Incrn1279 E 93rd Street Brooklyn NY 11236 992619541 501(c)(3) 15000 0 General Support Deep Green Wilderness 2400 NW 80th StrnPMB 127 Seattle WA 98117 270290082 501(c)(3) 20500 0 General Support Ecolibrium Inc 5343 Aztec Drive Boulder CO 80303 384097020 501(c)(3) 31000 0 Marine Life Monitoring Fundacao Pro Tamar 600 5th Avenue Third Floor New York NY 10020 501(c)(3) 14750 0 Marine Life Monitoring International Indigenous Fund Batani 30 Red Wagon Road Yarmouth ME 04096 831179364 501(c)(3) 35000 0 General Support LSU Foundation 3796 Nicholson Dr Baton Rouge LA 70802 726020969 501(c)(3) 50000 0 Coastal Remediation Mariana Islands Nature Alliance Gualo Rai Center Suite 1036725 Chalan Pale Arnold I-LiyangNorthern Saipan MP 96950 660664562 501(c)(3) 18000 0 Remove Marine Debris Marine Debris Foundation 1320 19th St NW 500 Washington DC 20036 884011690 501(c)(3) 96520 0 Remove Marine Debris National Marine Sanctuary Fdn 8455 Colesville RoadrnSuite 1275 Silver Spring MD 20910 943370994 501(c)(3) 41935 0 Coastal Remediation Ocean County Vocational Technical School 195 Cedar Bridge Road Stafford Township NJ 08050 216007568 501(c)(3) 7500 0 Marine Conservation One Eleuthera Foundation Inc PO Box 1302 Clemson SC 29633 812956044 501(c)(3) 15000 0 Marine Conservation Oregon State University-Research Office Off for Sponsored Res Award AdminA312 Kerr Administrative Build Corvallis OR 973312140 611730890 501(c)(3) 11675 0 General Support PADI AWARE Foundation 31051 Tomas St Suite 200 Rancho Santa Margarita CA 92688 330540475 501(c)(3) 13300 0 Marine Conservation Playa Viva LLC 15628 NW St Andrews Dr Portland OR 97229 208019563 501(c)(3) 76980 0 General Support Protect Maine's Fishing Heritage Fdn 7 Folsom DrivernMaine Biddeford ME 04005 851101637 501(c)(3) 12000 0 Marine Life Monitoring Race to Zero Films LLC 1200 S Flagler Dr West Palm Beach FL 33401 333809553 501(c)(3) 91000 0 General Support Remote Ecologist 320 Boston Post RoadrnSte 180-100 Darien CT 06820 853508580 501(c)(3) 18000 0 Marine Life Monitoring The Leland Stanford Junior University 485 Broadway Redwood City CA 94063 941156365 501(c)(3) 127888 0 Marine Life Monitoring The Pew Charitable Trusts 901 E Street Northwest Washington DC 20004 562307147 501(c)(3) 31141 0 General Support University of North Carolina atWilmington 601 North College Road Wilmington NC 28405 561258660 501(c)(3) 11000 0 Marine Life Monitoring World Wide Wallace LLC PO Box 313 Hanalei HI 96714 882499443 501(c)(3) 19350 0 General Support 23 1 Coastal Remediation 1 25000 General Support 5 31300 Marine Conservation 3 66400 X X X 0 0 0 0 0 0 0 0 0 Mark J Spalding President 271551 0 0 0 0 0 0 0 21714 0 293265 0 0 0 Shana Miller Program Director 168629 0 0 0 0 0 0 0 1208 0 169837 0 0 0 Erica Nunez Program Director 136630 0 0 0 0 0 0 0 16456 0 153086 0 0 0 Form 990, Part VI, Section A, line 2 Relationships among directors, officers & key employees Angel Braestrup, Director & Mark Spalding, President/Officer, own real estate together, unrelated to the business of the Foundation. Form 990, Part VI, Section B, line 11b Prior to filing a complete copy of the Form 990 it is emailed to all Foundation directors calling their attention to sections most likely to be of interest to contributors, the public and seeking comments on any part of the Form 990. Form 990, Part VI, Section B, line 12c The Foundation's conflict of interest policy covers all directors, officers & staff. Any conflict of interest is to be reported to either the Chair or President. The "cure" is full disclosure, and recusal by the conflicted person form participating in a decision that could lead to a personal gain. Form 990, Part VI, Section B, line 15 The President of the organization sets salaries levels for officers & key employees which is then approved by the board of directors in the salary line of the budget. Form 990, Part VI, Section C, line 19 The Foundation considers all requests for disclosures of documents on a case by case basis. It annually posts a copy of its audit to Guidestar in the section which allows additional information, and as a California nonprofit public benefit corporation, makes its audited financials available to the public on request. It also publishes on its website an annual report containing summary information derived from the audited financial statements. Part XII Line 2c No change in process from prior year.