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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.9M
+0.6% YoY
Annual Giving
$1.7M
+36.7% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$246K
+17.1% YoY
About Bermuda Institute of Ocean Sciences
Based on IRS filings
Bermuda Institute of Ocean Sciences is a nonprofit organization 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,851,737 | $42,612,324 | $41,025,025 |
| Revenue | $16,851,664 | $17,976,865 | $19,370,425 |
| Expenses | $18,044,370 | $17,010,855 | $18,071,789 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $407,776 | $130,694 | $36,633 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Woods Hole Oceanographic Inst ($592,150), The Regents of University of California Santa Barbara ($343,491), Oregon State University ($275,868).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF RHODE ISLAND KINGSTON, RI | TO FACILITATE SCIENTIFIC RESEARCH | $107,472 |
| MARINE BIOLOGICAL LABORATORY BOSTON, MA | TO FACILITATE SCIENTIFIC RESEARCH | $223,771 |
| OREGON STATE UNIVERSITY CORVALLIS, OR | TO FACILITATE SCIENTIFIC RESEARCH | $275,868 |
| THE REGENTS OF UNIVERSITY OF CALIFORNIA SANTA BARBARA LA JOLLA, CA | TO FACILITATE SCIENTIFIC RESEARCH | $343,491 |
| UNIVERSITY OF MIAMI CORAL GABLES, FL | TO FACILITATE SCIENTIFIC RESEARCH | $153,536 |
| WOODS HOLE OCEANOGRAPHIC INST BOSTON, MA | TO FACILITATE SCIENTIFIC RESEARCH | $592,150 |
| BENEATH THE WAVES HEARNDON, VA | TO FACILITATE SCIENTIFIC RESEARCH | $26,142 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENRO KUSUMI | TRUSTEE | 0.5 | — |
| ANTHONY WILLIAMS | TRUSTEE | 0.5 | — |
| STEVE WEINSTEIN | CHAIR | 3 | — |
| BESS WARD PHD | TRUSTEE (UNTIL NOV 2024) | 0.5 | — |
| RICHARD STANLEY | VICE-CHAIR (UNTIL NOV 2024) | 1 | — |
| JAMES N STANARD PHD | TRUSTEE | 0.5 | — |
| MICHAEL SCHRUM | TRUSTEE (UNTIL JUNE 2024) | 1 | — |
| PETER SCHLOSSER | TRUSTEE | 2 | — |
| RALPH E RICHARDSON | TRUSTEE | 0.5 | — |
| KEVIN RICHARDS | TRUSTEE | 0.5 | — |
| MORGAN OLSEN | TRUSTEE | 2 | — |
| ALAN MCGOWAN | TRUSTEE | 0.5 | — |
| LISA LOO | TRUSTEE | 1 | — |
| SALLY MORTON | VICE-CHAIR | 1 | — |
| MICHAEL NEFF | TRUSTEE | 0.5 | — |
| RICHARD FERRETT | TRUSTEE | 1 | — |
| CATHERINE DUFFY | TRUSTEE | 0.5 | — |
| GRAHAM COLLIS | TRUSTEE | 0.5 | — |
| J WILLIAM CHARRIER | VICE-CHAIR | 2 | — |
| PATRICK BARLOW | TRUSTEE | 0.5 | — |
| MICHAEL D HAMER PHD | TRUSTEE | 1 | — |
| GILLIAN HOLLIS | ASSIST TO THE PRES AND CEO | 40 | $95,613 |
| VICTORIA MILLETT | TREASURER & CONTROLLER | 40 | $181,280 |
| MARK GUISHARD | CHIEF OPERATING OFFICER | 40 | $225,000 |
| WILLIAM CURRY PHD | PRESIDENT AND CEO | 40 | $341,000 |
| MURRAY STEIN | MARINE SUPERINTENDENT | 40 | $180,208 |
| AMY E MAAS | SCIENTIST | 40 | $142,093 |
| RODNEY JOHNSON | ASSISTANT SCIENTIST | 40 | $150,757 |
| ANDREW PETERS | DIRECTOR OF EDUCATION | 40 | $152,370 |
| ERIC HOCHBERG | SENIOR SCIENTIST | 40 | $156,333 |
| NICHOLAS BATES | SENIOR SCIENTIST & DIRECTO | 40 | $235,506 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bermuda Institute of Ocean Sciences?
Bermuda Institute of Ocean Sciences is a nonprofit organization focused on Science & Technology. It holds $42.9M in total assets as of 2024.
How large is Bermuda Institute of Ocean Sciences?
As of 2024, Bermuda Institute of Ocean Sciences holds $42.9M in total assets with $16.9M in annual revenue. It awarded 7 grants totaling $1.7M in 2024.
Where does Bermuda Institute of Ocean Sciences operate?
Bermuda Institute of Ocean Sciences has awarded grants in California, Florida, Massachusetts, Oregon, Pennsylvania, Rhode Island, Virginia, Washington, Wisconsin.
What size grants does Bermuda Institute of Ocean Sciences award?
In 2024, Bermuda Institute of Ocean Sciences awarded 7 grants totaling $1.7M — an average of about $246K per grant, based on its IRS Form 990 filings.
What is Bermuda Institute of Ocean Sciences's EIN?
Bermuda Institute of Ocean Sciences's EIN (Employer Identification Number) is 06-0706038. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bermuda Institute of Ocean Sciences's focus areas in our free grants database
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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