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Devereux Ocean Foundation Inc. is a private corporation based in JAMESTOWN, RI. The foundation received its IRS ruling in 2019. The principal officer is % Mark Grosby. It holds total assets of $7.2M. Annual income is reported at $1.9M. Marine Education: 3 Organizations. According to available records, Devereux Ocean Foundation Inc. has made 29 grants totaling $1.2M, with a median grant of $50K. The foundation has distributed between $266K and $620K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $620K distributed across 16 grants. Individual grants have ranged from $3K to $85K, with an average award of $41K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Vermont, Florida, Rhode Island, which account for 79% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Marine Education: 3 Organizations
Expenses: $138K
Coral reef and Marine Mammals research rescue and restoration and
Expenses: $173K
Marine Education: 3 Organizations. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in VT, FL, RI.
Devereux Ocean Foundation Inc. has distributed a total of $1.2M across 29 grants. The median grant size is $50K, with an average of $41K. Individual grants have ranged from $3K to $85K.
Devereux Ocean Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Devereux Ocean Foundation Inc. is headquartered in JAMESTOWN, RI. While based in RI, the foundation distributes grants to organizations across 5 states.
Total Giving
$699K
Total Assets
$7.3M
Fair Market Value
$7.3M
Net Worth
$7.3M
Grants Paid
$266K
Contributions
$2K
Net Investment Income
$232K
Distribution Amount
$341K
Total: $5.6M
Total Grants
29
Total Giving
$1.2M
Average Grant
$41K
Median Grant
$50K
Unique Recipients
11
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Angari FoundationShark research | Palm Beach, FL | $3K | 2021 |
| Perry Institute For Marine ScienceGrant to support efforts to curtail the spread of Spiney Coral Tissue Loss Diseases. Coral restoration grants and reef health surveys through out the Bahamas. | Waitsfield, VT | $75K | 2023 |
| Bahamas Marine Mammal ResearchGrant for research into noise and ship collision in the Northwest Providence passage near the South Abaco sperm whale nursery. A population survey of mammals in the Sea of Abaco | Grand Isle, VT | $68K | 2023 |
| Friends Of The EnvironmentGeneral Grants to support ocean education amongst the people of the Bahamas. Training of local fishers to recognize species that are safe alternatives to endangered species or species critical to reef habitat. | Delray Beach, FL | $60K |
WILMINGTON, DE
MELBOURNE BEACH, FL
WASHINGTON, DC
WALLACE, NC
| 2023 |
| University Of Rhode Island GsoFunding to provide stipends for teachers to develop Ocean classroom curriculum materials for k-12 classrooms. Provide funds to facilitate archival retreival of visual materials for the curriculum development. Research and development of tools to facilitate the delivery of GSO research and knowledge to the general public | Kingston, RI | $50K | 2023 |
| The Hotchkiss SchoolContribution | Lakeville, CT | $10K | 2023 |
| Rozalia ProjectGeneral discretionary accounts | Burlington, VT | $3K | 2023 |
| Idea Relief Foundation IncRemoval of Hurricane Dorian Debris from Mermaid Reef | Stuart, FL | $25K | 2022 |
| Mystic Seaport MuseumDonation for renewal of CCA Dock | Mystic, CT | $10K | 2022 |
| Conanicut Island Sailing FoundationSTEM Education through Sailing | Jamestown, RI | $3K | 2022 |
| Eleuthera InstituteTurtle research | Boston, MA | $29K | 2021 |
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