Private foundation (trust)EIN 760699869Est. 2002-10

PROMARE INC

CHESTER, CT 06412

Total Assets

$3.3M

FY 2024

Annual Giving

FY 2024

Grants Made

0

FY 2024

Avg Grant

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$276K

Research projects including the mayflower autonomous ship which is a full size unmanned research ship that will take the route of the original mayflower ship, the norwegian sorlandet project which explored the lake floor of the telemark waterway, the viking seas project which is the exploration of viking ships submerged along the norwegian coast and waterways, and the tanzania project which is exploration of the bottom of lake tanganyika to discover never before seen unique marine life.the sorlandet project is a cooperation with the norwegian maritime museum and telemark technology park. It is a survey of selected areas in the south of norway to locate and investigate important shipwreck sites. The project has located and excavated norway's only viking age shipwreck (2019-2022) and is currently working on a medieval wreck-site and an 18th century shipwreck carrying wine and other goods from france to norway when it perished in 1780.

Focus Areas

ArtsCulture & Humanities

Financial Snapshot

2024 filing

Total Revenue

$178K

Total Expenses

$294K

Qualifying Distributions

$277K

Distributable Amount

$54K

Min. Investment Return

$56K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

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PROMARE INC — Grants, Financials & Contact | Grantivo