The Ocean Foundation

Last updated
The Ocean Foundation
Formation2002
FounderWolcott Henry
Type Non-profit environmental organization
71-0863908
HeadquartersWashington, D.C.
President
Mark J. Spalding
Website https://oceanfdn.org/

The Ocean Foundation is a 501(c)(3) community foundation, based in Washington, D.C. and established in 2002. [1] Its mission is "to support, strengthen, and promote those organizations dedicated to reversing the trend of destruction of ocean environments around the world." [2]

Contents

About and history

The Ocean Foundation was founded by underwater photographer Wolcott Henry. [3] It began as the Coral Reef Foundation with "a group of like-minded coral conservation experts, venture capitalists and philanthropy colleagues...providing both expert advice about conservation projects and easy mechanisms for giving". [4] The Coral Reef Foundation then changed its mission in 2003 to support all ocean conservation efforts, and was renamed The Ocean Foundation. [5] 2022 marked The Ocean Foundation's 20th year in business. [6]

Under the community foundation model, The Ocean Foundation hosts donor-advised funds, pooled funds, and funders collaboratives as a grantmaking facility, [7] and receives grants through donors and corporations. [8] The Ocean Foundation partners with corporations and organizations for proceeds-of-sale [9] and ocean and marine initiatives, and holds a Fiscal Sponsorship Program for ocean and marine-related projects. [10] The organization also provides counseling services. [11]

Focus areas

Four initiatives have been launched at The Ocean Foundation to "fill gaps in conservation work" [12]

Fiscal sponsorship program

The Ocean Foundation hosts fiscally sponsored projects using themes such as ocean literacy, species protection, habitat conservation, and capacity building. [30]

A few hosted projects include:

References

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