Oceanic Ventures Foundation
Oceanic Ventures Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $9K in total assets. In 2022, it awarded 1 grants totaling $975. Net investment income was $150.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$9K
-8.8% YoY
Annual Giving
$975
Grant Count
1
Avg Grant Size
$975
Under IRS private-foundation payout rules, Oceanic Ventures Foundation reported a distributable amount of $450 for 2022 — the minimum it must pay out in qualifying distributions.
About Oceanic Ventures Foundation
Based on IRS filings
Oceanic Ventures Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $9K in total assets. In 2022, it awarded 1 grants totaling $975. Net investment income was $150.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $8,582 | $9,407 | $9,290 |
| Revenue | $185 | $186 | $182 |
| Expenses | $1,010 | — | — |
| Qualifying Distributions | $1,010 | — | — |
| Net Investment Income | $150 | $186 | $182 |
| Distributable Amount | $450 | $456 | $455 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2022
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Holy Cross College ($975).
| Recipient | Purpose | Amount |
|---|---|---|
| Holy Cross College | Sponsorship of youth soccar team through purchase of uniforms | $975 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ann Y Keibler | Director | 10 | — |
| ERic V Keibler | Director | 10 | — |
Frequently Asked Questions
How large is Oceanic Ventures Foundation?
As of 2022, Oceanic Ventures Foundation holds $9K in total assets with $185 in annual revenue. It awarded 1 grants totaling $975 in 2022.
What size grants does Oceanic Ventures Foundation award?
In 2022, Oceanic Ventures Foundation awarded 1 grants totaling $975 — an average of about $975 per grant, based on its IRS Form 990 filings.
How much is Oceanic Ventures Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Oceanic Ventures Foundation reported a distributable amount of $450 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Oceanic Ventures Foundation's EIN?
Oceanic Ventures Foundation's EIN (Employer Identification Number) is 61-1669321. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in Oceanic Ventures Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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