NonprofitsSavannah Ocean Exchange

Environment

Savannah Ocean Exchange

SAVANNAH, GA

Total revenue

$961K

Total expenses

$890K

Net assets

$88K

Grants received

$1.6M

19 grants

EIN

272691376

Tax year

2024

Mission

To help accelerate the adoption of innovative solutions from start upcompanies, all in support of healthy oceans, resilient coastlines, andsustainable shipping.

Programs

1 program

The annual exchange event showcases ten solutions, generated from an annual global call for solutions, highlighting different perspectives and approaches. Each year, individuals and organizations from diverse fields with expertise managing global issues meet in savannah, georgia. The world-class solutions are presented on the focus selected for the current year. The navigator award is awarded to the best solution presented. Attendees work for twelve months to advance the adoption of the ten solutions around the globe. The advisory board of governors of the organization selects the recipient of the award according to strict criteria in the areas of feasibility, impact, readiness for execution, and environmental friendliness.

Financials

FY 2024

Revenue

Contributions & grants$949K
Program service revenue$12K
Investment income
Other revenue
Total revenue$961K

Expenses

Grants paid$320K
Salaries & benefits$148K
Fundraising
Other expenses$422K
Total expenses$890K
Total assets$91K
Net assets$88K

People

14 listed

NameRoleCompensation

MILLICENT PITTS

CEO/EXECUTIVE DIRECT

Board

$100K

40 hrs/wk

ANGUS LITTLEJOHN

DIRECTOR

Board

5 hrs/wk

CATHY J SAKAS

DIRECTOR

Board

5 hrs/wk

IRENE REYNOLDS SCHIER

DIRECTOR

Board

5 hrs/wk

ANN CARPENTER

DIRECTOR

Board

5 hrs/wk

CHARLES HINNANT

DIRECTOR

Board

5 hrs/wk

BILL MALARKEY

DIRECTOR

Board

5 hrs/wk

WILLIAM BRENNAN

DIRECTOR

Board

5 hrs/wk

VITTORIO LACAGNINA

DIRECTOR

Board

5 hrs/wk

DAVE SOBEK

DIRECTOR

Board

5 hrs/wk

VIKRAM AGRAWAL

DIRECTOR

Board

5 hrs/wk

BRIAN SORENSEN

DIRECTOR

Board

5 hrs/wk

BILL MERZ

DIRECTOR

Board

5 hrs/wk

PHIL PURCELL

DIRECTOR

Board

5 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$200K
OCEAN STEWARDSHIP AND RESEARCH
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$150K
OCEAN STEWARDSHIP AND RESEARCH
2023
$100K
TO HELP ACCELERATE THE ADOPTION OF INNOVATIVE SOLUTIONS FROM START UP COMPANIES, ALL IN SUPPORT OF HEALTHY OCEANS, RESILIENT COASTLINES, AND SUSTAINABLE SHIPPING.
2023
$10K
COLLEGIATE INNOVATION AWARD
2023
$10K
COLLEGIATE INNOVATION AWARD
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$500K
ENVIRONMENT, ANIMALS
2022
$150K
OCEAN STEWARDSHIP AND RESEARCH
2022
$75K
TO HELP ACCELERATE THE ADOPTION OF INNOVATIVE SOLUTIONS FROM START UP COMPANIES, ALL IN SUPPORT OF HEALTHY OCEANS, RESILIENT COASTLINES, AND SUSTAINABLE SHIPPING.
2022
$11K
COLLEGIATE INNOVATION AWARD AND STUDENT TRAVEL
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$200K
ENVIRONMENT, ANIMALS
2021
$75K
TO HELP ACCELERATE THE ADOPTION OF INNOVATIVE SOLUTIONS FROM START UP COMPANIES, ALL IN SUPPORT OF HEALTHY OCEANS, RESILIENT COASTLINES, AND SUSTAINABLE SHIPPING.
2021
$11K
COLLEGIATE INNOVATION AWARD
2021
$75K
ENVIRONMENT, ANIMALS
2020
$10K
For grant recipient's exempt purposes
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2020

Funded by

$1.6M from 7 funders · 19 grants · 2020–2024

National Philanthropic Trust

$775K · 3 grants · 2020–2022

The Schmidt Family Foundation

$500K · 3 grants · 2022–2024

The Littlejohn Family Foundation

$250K · 3 grants · 2021–2023

Guy Harvey Ocean Fund Inc

$42K · 4 grants · 2021–2023

Morgan Stanley Global Impact Funding Trust Inc

$40K · 4 grants · 2020–2024

Details

EIN272691376
NTEE codeC12
Subsection03
Ruling date2011-05
Formed2010
Employees2
Volunteers10
SAVANNAH OCEAN EXCHANGE — Mission, Financials & Grants Received | Grantivo