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
$276KResearch 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
Financial Snapshot
2024 filing
Total Revenue
$178K
Total Expenses
$294K
Qualifying Distributions
$277K
Distributable Amount
$54K
Min. Investment Return
$56K
Payout rate
Qualifying distributions as a share of distributable amount.
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