Oceanworks Foundation
Oceanworks Foundation is a private foundation focused on Environment & Animals, based in Los Angeles, CA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $20K in total assets. In 2025, it awarded 2 grants totaling $45K.
Oceanworks Foundation at a glance
In short: Oceanworks Foundation gave $45K across 2 grants in 2025 (avg $22K), mostly in Alaska. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $44,864
- +265.8% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $22,432
- +82.9% vs 2024
- Median grant
- $22,432
- Total assets
- $20,161
- +177.4% vs 2024
- Primary geography
- Alaska (73% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Oceanworks Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Net Your Problem ($33K). Together the top 2 received $45K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Oceanworks Foundation gives
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $12K (2024) to $45K (2025). In 2025 it made 2 grants totaling $45K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Net Your Problem Homer, AK | Maritime Recycling | $32,541 |
| PRLS GMBH | Oceanic Plastic Cleanup Partnership | $12,323 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $20,161 | $85,718 | $72,824 | $44,864 | 2 | $72,824 | $964 |
| 2024 | $7,267 | $48,006 | $40,739 | $12,265 | 1 | $40,739 | $106 |
Under IRS private-foundation payout rules, Oceanworks Foundation reported a distributable amount of $964 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Oceanworks Foundation is led by Barry L. Guterman, President & CFO on every filing since 2023; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Barry L. Guterman
President & CFO
On filings since 2023
No compensation reported
Adriana Matte
Secretary
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Oceanworks Foundation
How much does Oceanworks Foundation give each year?
Oceanworks Foundation gave $45K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 1 grant.
How large is Oceanworks Foundation?
Oceanworks Foundation reported $20K in total assets on its 2025 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $964 (roughly 5% of its investment assets).
What is Oceanworks Foundation?
Oceanworks Foundation is a private foundation focused on Environment & Animals, based in Los Angeles, CA. It holds $20K in total assets as of 2025.
Where does Oceanworks Foundation operate?
Oceanworks Foundation has awarded grants in Alaska.
What is Oceanworks Foundation's EIN?
Oceanworks Foundation's EIN (Employer Identification Number) is 93-4095069. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2023–2024
Explore Open Grants
Browse active grant opportunities in Oceanworks Foundation's focus areas in our free grants database
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Figures come from Oceanworks Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Oceanworks Foundation down — hundreds of funders to go?