The Ocean Foundation (TOF)

The Ocean Foundation (TOF) is a left-of-center fiscal sponsorship and grantmaking organization that focuses on environmental issues, especially those related to the world’s oceans. Founded in 2001, TOF has received private and governmental funding, and also offers corporate partnerships, drawing attention to the public relations face-lift it can bestow: “improved brand lift, increased sales, engaged employees, [and] a boost in customer loyalty[.]” 1

At-A-Glance

Issue Areas: Environmental Policy
Website: oceanfdn.org
Formation:

2001

President/CEO:

Mark J. Spalding

Location: Washington, DC View on map
Tax ID: 71-0863908
Most Recent Filing: 2025
Budget (2025): Assets: $17,747,319 Revenue: $13,196,134 Expenses: $15,812,467

Contents

    The Ocean Foundation is a partner of the United Nations’ Educational, Scientific, and Cultural Organization (UNESCO) Intergovernmental Oceanographic Commission. It also began a fund to support the United Nations’ “Decade of Ocean Science for Sustainable Development” which runs from 2021 to 2030. 2

    Along with Environmental Defense Fund (EDF), National Oceanic and Atmospheric Administration (NOOA), and the Cuban Ministry of Science, Technology, and Environment (CITMA), it was a participant of the fifth International Marine Protected Area Congress (IMPAC5), advocating for increased protected status for marine environments, and increased participation of local indigenous groups in the wider environmental movement. 3

    Identity Politics

    Diversity/Equity/Inclusion/Justice (DEIJ) Initiative

    The Ocean Foundation stated that it would incorporate a “Diversity, Equity, Inclusion and Justice lens”into every aspect of its environmentalism by incorporating DEIJ staff training and applying these principles to its recruitment of staff and board membership. TOF’s “Diversity/Equity/Inclusion/Justice (DEIJ)” project also included an announcement that it would start distributing a monthly newsletter to focus on this facet of its environmental advocacy. TOF also participated in the environmental nonprofit monitoring group Green 2.0’s 2021 “Report Card on Diversity,” which tracked equity outcomes in nonprofits that chose to participate by self-reporting. 4

    Pride 2022

    In June 2022, TOF published a blog post decrying a supposed “critical lack of diversity” in science technology engineering and math (STEM) fields. The article, “Pride 2022: Putting LGBTQ+ Voices on Deck,” highlights an executive order signed by President Joe Biden earlier that month which focused on LGBT issue areas such as ending the ban on transgender military personnel and addressing the high suicide rate among these groups. 5

    Marine Pathways Internship

    In March 2019, TOF announced the Marine Pathways Internship Program, a flexible, paid internship offer with special invitation extended to “women, people of color, people with disabilities, veterans, LGBTQ+, and individuals with diverse backgrounds.” 6

    Advocacy

    International Ocean Acidification Initiative

    In 2003, The Ocean Foundation spearheaded the International Ocean Acidification Initiative (IOAI) to monitor the increase in global oceanic acidity allegedly caused by an increase in atmospheric carbon dioxide. This project spun off the Global Ocean Acidification Observation Network (GOA-ON), a brainchild of the 2012 United Nations Conference on Sustainable Development, and eventually spawned the Friends of the Global Ocean Acidification Observation Network Fund to financially sustain a global network of scientific research in this field. This project is supported by the U.S. State Department, which expanded the program to include monitoring in several African nations including Mozambique and South Africa. The State Department then began a similar project in 2016, spearheading the Ocean Acidification Monitoring and Mitigation (OAMM) program, which focuses on similar research in Latin America and the Pacific Islands. 7

    Blue Resilience Initiative

    In 2022, TOF launched the Blue Resilience Initiative (BRI), pledging to give $8 million over a three-year period toward ocean conservancy projects. Partnering with private sector groups such as Grogenics, several non-governmental organizations of Cuba and Puerto Rico, and the University of Havana, this project aims to renovate coral and mangrove forests, as well as developing invasive sargassum sea grasses into organic compost. 8

    Grantees

    The Ocean Foundation gave nearly $1.2 million in grants throughout its fiscal year 2022. Grants included $142,000 to the Resiliencia Azul (Blue Resilience) project in Mexico, which aims at creating “blue carbon” markets by planting marine seagrasses to reduce carbon emissions, and the implementation of carbon tax and credit systems. The Great Marsh Blue Carbon Feasibility Study received $50,000, which will investigate the feasibility of carbon-offset planting in Massachusetts wetlands. Grants were also given to social influence campaigns, such as $20,000 for the Wildland Conservation Project to build support among African youth for the United Nations’ “30×30” sustainable development goals, and a small set of donations given to local groups surrounding the Chesapeake Bay for a campaign to increase awareness of marine plant importance among recreational boaters. 9

    Leadership

    Mark J. Spalding is the president of the Ocean Foundation and is an ocean investment advisor to climate tech group Green Swan Partners LLC. He is the former executive director of the environmental advocacy groups Loreto Bay Foundation and the St. Kitts Foundation, and is a senior fellow at Middlebury Institute of International Studies’ Center for the Blue Economy. Spalding is also former CEO of the marine food sustainability group SeaWeb. 10 11

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2025 $17,747,319 $13,196,134 $15,812,467 View
    2023 $18,251,302 $15,185,892 $15,947,473 View
    2022 $16,715,684 $11,796,534 $11,541,472 View
    2021 $16,392,830 $9,142,772 $8,502,759 View
    2020 $15,351,389 $18,510,600 $8,760,634 View
    2019 $5,940,901 $8,532,198 $8,202,116 View

    Prior year filings: 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 47

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Mark J SpaldingPresident$293,265
    Shana MillerProgram Director$169,837
    Erica NunezProgram Director$153,086
    Benjamin ScheelkProgram Director$139,598
    Mia ShadeHuman Resources Officer$134,025
    Tamika WashingtonFin. & Ops. Director$130,843

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $59,564,469
    • Number of Grants: 1,021
    • Number of Funders: 268

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $1,769,4322022 The Pew Charitable TrustsPolicy
    $1,200,0002025 The Pew Charitable TrustsPolicy
    $985,6892023 The Pew Charitable TrustsPolicy
    $883,5582020 The Pew Charitable TrustsPolicy
    $821,6252024 National Fish and Wildlife FoundationEASTERN PACIFIC HAWKSBILL TURTLE SURVIVAL STUDY
    $800,0002024 Paul M. Angell Family FoundationHarvest strategies are pre-agreed rules that govern how fisheries will be managed based on the status of the targeted fish population, bycatch considerations, socioeconomics, or other management objectives. Rather than campaigning for sustainable catch limits year after year, TOF’s International Fisheries Conservation Project (IFC) is advocating for long-term harvest strategies, thereby expanding our impact beyond individual negotiation sessions and preventing overfishing over decades rather than years. In 2015, IFC took a leading role in beginning to transition the management of international fisheries to harvest strategies. This modern approach to management requires governments and relevant stakeholders to pre-agree to long-term objectives for a fishery and to use a science-based methodology (called management strategy evaluation, or MSE) to determine which actions to take, like setting catch limits, to meet those agreed objectives. Harvest strategies are akin to agreeing to the rules before playing the game, making management more transparent, inclusive, and less politicized. MSE is a highly technical modelling approach. It improves upon traditional fisheries stock assessment by better accounting for the uncertainties inherent in fish biology, the ocean ecosystem and fishery dynamics, allowing selection of the harvest strategy likely to meet objectives regardless of which potential future turns out to be correct. This is in contrast to stock assessments, which base management advice on one best guess of the future situation. MSE testing operates in a loop, which allows evaluation of adaptive management and changing conditions, especially vital in the context of climate change, and much more realistic than the linear projections used in stock assessment. When we started our work, only one bluefin tuna species out of the approximately 130 actively managed international fish stocks was managed through a harvest strategy. As a result of TOF’s activities at nine different regional fisheries management organizations (RFMOs) over the past decade, more than 20% of all actively managed international fisheries now have harvest strategies either adopted or scheduled for adoption within the next 18 months. We have mostly focused our efforts to date at the tuna RFMOs, and as of July 2024, more than half of all tuna catch is managed under a system with an adopted harvest strategy. A 2024 report by the United Nations Food and Agriculture Organization attributed the recent successes in sustainable tuna management to the adoption of harvest strategies for many tuna populations. In the last few years, we have built upon our accomplishments at the tuna RFMOs and have started campaigning more purposely for the adoption of harvest strategies for a wider variety of species.
    $790,9892024 The Pew Charitable TrustsPolicy
    $756,8232023 National Philanthropic TrustENVIRONMENT, ANIMALS
    $680,2712024 The Pew Charitable TrustsPolicy
    $605,7152021 The Pew Charitable TrustsPOLICY
    $551,0002021 National Philanthropic TrustENVIRONMENT, ANIMALS
    $502,6672021 Rockefeller Philanthropy Advisors, Inc.GENERAL
    $445,8732022 National Philanthropic TrustENVIRONMENT, ANIMALS
    $441,9922025 The Pew Charitable TrustsPolicy
    $375,6112020 The Pew Charitable TrustsPolicy
    $361,0002020 Rockefeller Philanthropy Advisors, Inc.GENERAL
    $350,0002022 Rockefeller Philanthropy Advisors, Inc.GENERAL
    $338,2242023 The Pew Charitable TrustsPolicy
    $329,1002024 Donor Advised Charitable Giving, Inc.ENVIRONMENTAL AND ANIMALS
    $316,2522024 The Pew Charitable TrustsPolicy
    $308,4722023 The Pew Charitable TrustsPolicy
    $304,0412021 The Pew Charitable TrustsPOLICY
    $287,7762025 Allen Family Charitable FoundationThe GEM-in-a-Box project offers a low-cost, easy-to-use kit to detect and monitor eutrophication-a process in which an overabundance of nutrients leads to excessive plant and algae growth and can lead to ocean acidification and harm marine life
    $270,0002021 The David and Lucile Packard FoundationFor the Inland Ocean Coalition, an organization encouraging inland individuals and communities to advocate for ocean conservation
    $256,1102023 Gordon and Betty Moore FoundationTo support the Eurasian Conservation Fund.

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $9,891,598
    • Number of Grants: 229
    • Number of Recipients: 96

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $1,263,0982023 Multiple EAST ASIA AND THE PACIFIC RecipientsGeneral Support
    $820,9462025 Multiple EAST ASIA AND THE PACIFIC RecipientsGeneral Support
    $242,1002025 Multiple North America RecipientsGeneral Support
    $224,1662022 Multiple Central America RecipientsCoastal remediation
    $151,2192022 Multiple North America RecipientsGeneral Support
    $136,0592023 Multiple Central America RecipientsCoastal remediation
    $135,1962023 Multiple North America RecipientsGeneral Support
    $127,3502021 Multiple Europe RecipientsOcean health
    $125,4702020 STANFORD UNIVERSITYSup electonic tagging
    $124,7402023 University of Oregonutilize new & existing data
    $124,5962021 Harte Research InstituteResearch in Cuba
    $118,6152021 Multiple Sub-Saharan Africa RecipientsMauritius rehab
    $99,9462021 Leland Stanford Junior UniversBluefin tuna
    $96,5202025 Marine Debris FoundationRemove Marine Debris
    $90,0002023 Multiple Europe RecipientsGeneral Support
    $90,0002020 Multiple Central America RecipientsSeagrass restoration
    $86,2502022 Multiple EAST ASIA AND THE PACIFIC RecipientsGeneral support
    $75,0002023 Woods Hole Oceanographic Institutionsupport black box
    $71,2682022 Multiple North America RecipientsGeneral Support
    $70,5142023 Oregon State Universitygeneral ops support
    $62,7362022 The Vieques Conservation and Historical Trust Incsupport habitat restoration
    $60,0002021 Marine Conservation InstituteSupport High Seas
    $58,0602023 Multiple Europe RecipientsGeneral Support
    $56,9132020 Harte Research InstituteResearch in Cuba
    $50,0002025 Lsu FoundationCoastal Remediation

    References

    1. “For Corporations.” TOF. Accessed May 29, 2023. https://oceanfdn.org/community-foundation-services/for-corporations/
    2. “Networks, Coalitions, and Collaboratives.” Accessed May 29, 2023.  https://oceanfdn.org/networks-coalitions-and-collaboratives/#oceandecade
    3. Bretos, Fernando; Thomas, Katie. “Making and Impact at IMPAC5.” TOF. February 16, 2023. Accessed May 29, 2023. https://oceanfdn.org/making-an-impact-at-impac5/
    4. “Diversity, Equity, Inclusion, Justice.” TOF. Accessed May 29, 2023.  https://oceanfdn.org/diversity-equity-inclusion-justice/
    5. Logan, Michelle. June 28, 2022. “Pride 2022: Putting LGBTQ+ Voices on Deck.” TOF. Accessed May 29, 2023.  https://oceanfdn.org/pride-2022-putting-lgbtq-voices-on-deck/
    6. “Announcing the Marine Pathways Internship.” TOF. March 14, 2019. Accessed May 29, 2023.  https://oceanfdn.org/announcing-the-marine-pathways-internship/
    7.  “Annual Report Fiscal Year 2019.” TOF. Accessed May 29, 2023. chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://oceanfdn.org/wp-content/uploads/2020/01/Annual-Report-FY19-1.pdf
    8. “The Ocean Foundation’s Blue Resilience Initiative…” United Nations. Accessed May 29, 2023. https://sdgs.un.org/partnerships/ocean-foundations-blue-resilience-initiative-bri-commits-investing-us-8m-over-three
    9. “Grantmaking.” TOF. Accessed May 29, 2023. https://oceanfdn.org/grantmaking/
    10. “Mark J. Spalding. Linkedin. Accessed May 29, 2023. https://www.linkedin.com/in/mark-j-spalding/details/experience/
    11. “Mark Spalding.” Conservation Media Group. Accessed May 29, 2023. https://www.conservationmediagroup.org/bio/mark-spalding