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Also known as: for Ocean Stewardship
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Ferris Olson Family Foundation For Ocean Stewardship is a private corporation based in CENTENNIAL, CO. The foundation received its IRS ruling in 2022. The principal officer is Pamela Ferris-Olson. It holds total assets of $280K. Annual income is reported at $213K. Total assets have grown from N/A in 2021 to $173K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of environment. Tax records are available from 2022 to 2023. According to available records, Ferris Olson Family Foundation For Ocean Stewardship has made 5 grants totaling $53K, with a median grant of $13K. Individual grants have ranged from $5K to $13K, with an average award of $11K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in California and Massachusetts and Maine. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ferris Olson Family Foundation For Ocean Stewardship primarily funds organizations in the area of environment. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA, MA, ME.
Ferris Olson Family Foundation For Ocean Stewardship has distributed a total of $53K across 5 grants. The median grant size is $13K, with an average of $11K. Individual grants have ranged from $5K to $13K.
The application deadline is October 16, 2023. FOFFOS grants are awarded for projects that promote our mission of ocean and coastal 1) conservation, 2) ecosystem restoration and protection, 3) advocacy, 4) community stewardship and 5) marine animal rescue and rehabilitation. Grants are made for a one-year period. Support for an additional year(s) requires submission of a new grant application. As stipulated by the IRS and our bylaws, grants can only be made to entities recognized as a 501(c)(3) by the IRS; however, an applicant's work may be done outside of the US. FOFFOS expects that recipients use grant awards in an effective manner rather than for administration or fundraising purposes. We do not award grants for general purposes or fund on-going programs as these do not provide a means to directly measure the environmental return on our investment. Assessment of institutional indirect costs should not exceed 15%. An application form is available on the foundation's website.
Ferris Olson Family Foundation For Ocean Stewardship is headquartered in CENTENNIAL, CO. While based in CO, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Olson | Treasurer | $2K | $0 | $2K |
| Pamela Ferris-Olson | President | $0 | $0 | N/A |
| Brian Ferris | Secretary | $0 | $0 | N/A |
Total Giving
$34K
Total Assets
$173K
Fair Market Value
$183K
Net Worth
$173K
Grants Paid
$25K
Contributions
$15K
Net Investment Income
$16K
Distribution Amount
$6K
Total: $169K
Total Grants
5
Total Giving
$53K
Average Grant
$11K
Median Grant
$13K
Unique Recipients
5
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New England AquariumEstablish a new leatherback turtle tagging study in western Puerto Rico through community-based collaboration for lasting conservation outcomes. | Boston, MA | $13K | 2023 |
| The Marine Mammal CenterThis project will study and monitor whales in San Francisco Bay and the Gulf of the Farrallones, where the threat from vessel strikes is significant. | Sausalito, CA | $13K | 2023 |
| California Ocean AllianceEvaluating the behavior and population recovery of the Guadalupe fur seal | Aptos, CA | $13K | 2023 |
| ManometThe Basin Oyster Project: A community-based approach to oyster reef building | Manomet, MA | $11K | 2023 |
| Friends Of Casco BayMaturing, Improving and Expanding Our Volunteer Water Reporter Program | South Portland, ME | $5K | 2023 |