Bermuda Institute of Ocean Sciences Bios Inc
Bios's mission is to seek and share fundamental knowledge of the oceans through state-of-the-art scientific research, world-class field expeditions, and comprehensive educational experiences.
Bermuda Institute of Ocean Sciences Bios Inc at a glance
In short: Bermuda Institute of Ocean Sciences Bios Inc gave $1.7M across 7 grants in 2024 (avg $246K), top state Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,722,430
- +36.7% vs 2023
- Grants made (2024)
- 7
- +16.7% vs 2023
- Average grant
- $246,061
- +17.1% vs 2023
- Median grant
- $223,771
- Total assets
- $42,851,737
- +0.6% vs 2023
- Primary geography
- Massachusetts (47% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Bermuda Institute of Ocean Sciences Bios Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Woods Hole Oceanographic Inst ($592K). Together the top 7 received $1.7M.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was in the $100–250K range: 13 grants of 34 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Bermuda Institute of Ocean Sciences Bios Inc gives
- Giving grew 24% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.1M (2020) to $1.7M (2024). In 2024 it made 7 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Woods Hole Oceanographic Inst Boston, MA | To Facilitate Scientific Research | $592,150 |
| The Regents of University of California Santa Barbara La Jolla, CA | To Facilitate Scientific Research | $343,491 |
| Oregon State University Corvallis, OR | To Facilitate Scientific Research | $275,868 |
| Marine Biological Laboratory Boston, MA | To Facilitate Scientific Research | $223,771 |
| University of Miami Coral Gables, FL | To Facilitate Scientific Research | $153,536 |
| University of Rhode Island Kingston, RI | To Facilitate Scientific Research | $107,472 |
| Beneath the Waves Hearndon, VA | To Facilitate Scientific Research | $26,142 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $42,851,737 | $16,851,664 | $18,044,370 | $1,722,430 | 7 | $407,776 |
| 2023 | $42,612,324 | $17,976,865 | $17,010,855 | $1,260,353 | 6 | $130,694 |
| 2022 | $41,025,025 | $19,370,425 | $18,071,789 | $1,463,436 | 7 | $36,633 |
| 2021 | $48,144,596 | $11,893,948 | $15,446,520 | $1,386,698 | 7 | $5,638 |
| 2020 | $49,596,332 | $22,007,343 | $13,684,485 | $1,109,251 | 7 | $11,591 |
About Bermuda Institute of Ocean Sciences Bios Inc
Based on IRS filings
Bermuda Institute of Ocean Sciences Bios Inc is a public charity focused on Science & Technology. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42.9M in total assets. In 2024, it awarded 7 grants totaling $1.7M. Net investment income was $408K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Bermuda Institute of Ocean Sciences Bios Inc is led by Gillian M. S. Hollis, Assistant to the President & CEO since 2023 (on filings since 2020); 9 of 30 officers listed in 2024 are compensated.
Officers on the 2024 filing
Gillian M. S. Hollis
Assistant to the President & CEO
Secretary → Assistant to the President, CEO & Secretary to Board, 2022
Assistant to the President, CEO & Secretary to Board → Assistant to the President & CEO, 2023
On filings since 2020
40 hrs/week
$85K (2020) → $96K (2024)
William Curry PhD
President & CEO
On filings since 2020
40 hrs/week
$377K (2020) → $341K (2024)
Steve Weinstein
Chair
Trustee → Chairman, 2021
Chairman → Chair, 2022
On filings since 2020
3 hrs/week
No compensation reported
Andrew Peters
Director of Education
On filings since 2020
40 hrs/week
$133K (2020) → $152K (2024)
Nicholas Bates
Senior Scientist & Director
Senior Scientist → Senior Scientist & Director of Research, 2021
Senior Scientist & Director of Research → Senior Scientist & Director, 2023
On filings since 2020
40 hrs/week
$234K (2020) → $236K (2024)
Alan H. McGowan
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Anthony Williams
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Bess Ward PhD
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Graham Collis
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
James N. Stanard PhD
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Michael D. Hamer PhD
Trustee
On filings since 2020
1 hr/week
No compensation reported
Patrick Barlow
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Ralph E. Richardson
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Richard Ferrett
Trustee
On filings since 2020
1 hr/week
No compensation reported
Catherine Duffy
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Kenro Kusumi
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Michael Schrum
Trustee
On filings since 2021
1 hr/week
No compensation reported
Morgan Olsen
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Peter Schlosser
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Lisa Loo
Trustee
On filings since 2022
1 hr/week
No compensation reported
Kevin Richards
Trustee
On filings since 2023
0.5 hrs/week
No compensation reported
Michael Neff
Trustee
New on the 2024 filing
0.5 hrs/week
No compensation reported
Eric Hochberg
Senior Scientist
On filings since 2020
40 hrs/week
$143K (2020) → $156K (2024)
Victoria Millett
Treasurer & Controller
On filings since 2020
40 hrs/week
$162K (2020) → $181K (2024)
Murray Stein
Marine Superintendent
On filings since 2022
40 hrs/week
$161K (2022) → $180K (2024)
Rodney Johnson
Assistant Scientist
On filings since 2022
40 hrs/week
$120K (2022) → $151K (2024)
Amy E. Maas
Scientist
New on the 2024 filing
40 hrs/week
$142K (2024)
J. William Charrier
Vice Chair
Chairman → Vice Chairman, 2021
Vice Chairman → Vice Chair, 2022
On filings since 2020
2 hrs/week
No compensation reported
Richard Stanley
Vice Chair
Vice Chairman → Vice Chair, 2022
On filings since 2021
1 hr/week
No compensation reported
Sally Morton
Vice Chair
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (33)
- Former: Mark Guishard (2021–2024) — Chief Operating Officer · Filing note: Until nov 2023
- Former: Richard Verlini (2020–2023) — Executive Director
- Former: Paul Hanle PhD (2020–2022) — Trustee · Filing note: Until feb 2022
- Former: Jose Cardenas (2021–2022) — Trustee · Filing note: Until feb 2022
- Former: Julius Barsi (2021–2022) — Biologist
- Former: Kaitlin Baird (2022) — Director of Education & Community Engagement
- Former: William Graham-Welton (2022) — Chief Financial & Operating Officer · Filing note: Until 92022
- Former: Brian M. O'Hara (2020–2021) — Trustee
- Former: Burt Singer (2020–2021) — Trustee
- Former: Charles Cooper (2020–2021) — Trustee
- Former: Colin Brown (2020–2021) — Trustee
- Former: Deborah K. Steinberg PhD (2020–2021) — Trustee
- Former: Dennis Hansell PhD (2020–2021) — Trustee
- Former: Diana H. Frazier (2020–2021) — Trustee
- Former: Gerald De Simons Obe (2020–2021) — Trustee
- Former: Ian Strecker (2020–2021) — Trustee
- Former: Idwal Wyn Hughes PhD (2020–2021) — Trustee
- Former: James N. Galloway PhD (2020–2021) — Trustee
- Former: Jonathan Reiss (2020–2021) — Trustee
- Former: Kenneth H. Brink PhD (2020–2021) — Trustee
- Former: Lady Judy Vereker (2020–2021) — Trustee
- Former: Linda K. Glover (2020–2021) — Trustee
- Former: Michael A. Butt (2020–2021) — Trustee
- Former: Quentin Lewis (2020–2021) — Marine Superintendent
- Former: Robert Corell (2020–2021) — Trustee
- Former: Thomas M Church PHD (2020–2021) — Trustee
- Former: William Graham- Welton (2020–2021) — Chief Finanical & Operations
- Former: William H. Williams (2020–2021) — Trustee
- Former: Kent Larsen (2021) — Ocean Technical Services Manager
- Former: Brian Duperreault (2020) — Trustee
- Former: Gary H. Isaksen PhD (2020) — Trustee
- Former: Michael W. Collins (2020) — Trustee
- Former: Ruth G. Curry (2020) — Manager of Glider Operations
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $341K, to William Curry PHD (President and CEO). 10 officers or directors reported compensation on that filing.
Frequently asked questions about Bermuda Institute of Ocean Sciences Bios Inc
How much does Bermuda Institute of Ocean Sciences Bios Inc give each year?
Bermuda Institute of Ocean Sciences Bios Inc gave $1.7M across 7 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.3M across 6 grants.
What is Bermuda Institute of Ocean Sciences Bios Inc's typical grant size?
Bermuda Institute of Ocean Sciences Bios Inc's median grant in 2024 was $223,771, and its average grant was $246,061, across 7 grants on its 2024 IRS Form 990.
Where does Bermuda Institute of Ocean Sciences Bios Inc give grants?
Bermuda Institute of Ocean Sciences Bios Inc's top state is Massachusetts, with 47% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were California (20%) and Oregon (16%). The most frequent recipient cities were Boston, MA (2 grants).
Does Bermuda Institute of Ocean Sciences Bios Inc give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Bermuda Institute of Ocean Sciences Bios Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "To Facilitate Scientific Research" (7 grants).
Who are Bermuda Institute of Ocean Sciences Bios Inc's largest grantees?
Bermuda Institute of Ocean Sciences Bios Inc's largest 2024 grantees include Woods Hole Oceanographic Inst ($592,150), The Regents of University of California Santa Barbara ($343,491) and Oregon State University ($275,868), according to its 2024 IRS Form 990. Together they received 70% of its itemized 2024 grant dollars.
How large is Bermuda Institute of Ocean Sciences Bios Inc?
Bermuda Institute of Ocean Sciences Bios Inc reported $42.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $16.9M.
What is Bermuda Institute of Ocean Sciences Bios Inc?
Bermuda Institute of Ocean Sciences Bios Inc is a public charity focused on Science & Technology. It holds $42.9M in total assets as of 2024.
What is Bermuda Institute of Ocean Sciences Bios Inc's EIN?
Bermuda Institute of Ocean Sciences Bios Inc's EIN (Employer Identification Number) is 06-0706038. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 3, 2025)
- IRS filings on file for fiscal years 2020–2024
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