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Towle Ocean Conservation Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2016. The principal officer is % Foundation Source. It holds total assets of $1M. Annual income is reported at $190K. The foundation operates in the area of environment. According to available records, Towle Ocean Conservation Foundation has made 4 grants totaling $82K, with a median grant of $23K. Annual giving has grown from $32K in 2020 to $50K in 2022. Individual grants have ranged from $12K to $25K, with an average award of $21K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Massachusetts and Illinois. Contributions to this foundation are tax-deductible.
Towle Ocean Conservation Foundation primarily funds organizations in the area of environment. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MA, IL.
Towle Ocean Conservation Foundation has distributed a total of $82K across 4 grants. The median grant size is $23K, with an average of $21K. Individual grants have ranged from $12K to $25K.
Towle Ocean Conservation Foundation typically selects its grantees rather than accepting unsolicited proposals.
Towle Ocean Conservation Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher J Towle | Pres, Dir, Sec, Treas | $0 | $0 | $0 |
| Erica K Towle | VP | $0 | $0 | $0 |
Total Giving
$34K
Total Assets
$1M
Fair Market Value
$1.2M
Net Worth
$1M
Grants Paid
$25K
Contributions
$60K
Net Investment Income
$27K
Distribution Amount
$52K
Total: $940K
Total Grants
4
Total Giving
$82K
Average Grant
$21K
Median Grant
$23K
Unique Recipients
3
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dennis Conservation TrustTobey West Estuary acquisition | East Dennis, MA | $25K | 2022 |
| Center For Coastal Studies IncRight Whale Research Funding for Site Fidelity/Indexing studies, Offshore Flight Surveys and Zooplankton Research/Data Project and MAER Disentanglement project | Provincetown, MA | $20K | 2020 |
| Shedd Aquarium SocietyConch Conservation Project Research and Data collection, Funding for research and RV Coral Reef II; and Andrew Kough Ph.D research fund | Chicago, IL | $12K | 2020 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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