Private foundation (trust)EIN 204360719Est. 2007-11

BLUE OCEAN INC

GERMANTOWN, MD 20874

Total Assets

$8.0M

FY 2022

Annual Giving

$299K

FY 2022

Grants Made

14

FY 2022

Avg Grant

$21K

FY 2022

Grant Range

$1K–$80K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$80K

Global ministry network support rehabilitation education for field workers every other countries each year. More than 400 field workers have been benefited with this year program in trkiye & kazakhstan.

Program 2

$51K

University of the nations kona scholarships for students from low income countries

Program 3

$50K

Maru culture center morocco - orphanages and rural dormitory support / children's library & after-school learning center / culture center mauritania - medical support ministry in urban poor areas/ literacy program (literacy eradication program)

Program 4

$36K

Grace home orphanage thailand - support chiangmai grace home orphanage / rest & restoration center

Focus Areas

InternationalForeign Affairs & National Security

Financial Snapshot

2022 filing

Total Revenue

$126K

Total Expenses

$382K

Qualifying Distributions

$352K

Distributable Amount

$394K

Min. Investment Return

$396K

Payout rate 89%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.89%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

14 grants

Grant sizes from minimum $1K through median $10K to maximum $80K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2017 to 2022. Peak $299K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

55 grants

UNIVERSITY OF THE NATION KONA
$155K
4 grants
CHILDREN OF LIGHT
$124K
3 grants
GLOBAL MINISTRY NETWORK
$120K
2 grants
MARU CULTURE CENTER
$110K
3 grants
GRACE HOME
$106K
3 grants
BLUE OCEAN KOREA
$100K
2 grants
DONGAN CHURCH
$90K
3 grants
DALAT INTERNATIONAL SCHOOL
$40K
4 grants

Grant Size Distribution

55 grants

<$10K
32
grants
$10–50K
17
grants
$50–250K
6
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

Hawaii
$155K
65% of total
Nevada
$40K
17% of total
Maryland
$28K
12% of total
New Jersey
$7K
3% of total
Indiana
$4K
2% of total
Virginia
$3K
1% of total
Washington
$2K
1% of total
New York
$450
0% of total

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BLUE OCEAN INC — Grants, Financials & Contact | Grantivo