The Ocean Mokum Foundation is focused almost exclusively on ocean science and conservation, funding organizations that conduct marine exploration, research, and field-based study. Its grants support high-profile oceanographic expeditions, marine biodiversity research, and shark biology field stations, with an emphasis on projects that advance scientific understanding and public awareness of marine ecosystems.
Highly concentrated giving to a very small set of marine-focused organizations: one very large flagship grant and two substantial but smaller awards. Funding appears project- and program-oriented (multi-project support and specific project grants) rather than numerous small grants or broad philanthropic diversification.
Ocean Mokum Foundation C/o North Audley Street LLC made a $4,000,000 grant in 2024 to Ocean Exploration Trust Inc for various projects, a clear signal that its giving centers on large, project-specific support for ocean research and exploration. Across its recent grants, the foundation backs marine science organizations working through field research, deep-sea expeditions, and conservation programs rather than broad unrestricted philanthropy. The recipient list shows repeated support for Innoceana and the Bimini Biological Field Station Foundation, also known as Shark Lab, alongside funding for Ocean Exploration Trust and Act of Connecticut. That pattern points to a portfolio built around partner-led science and conservation initiatives, with grants attached to defined projects. The foundation’s stated program areas reinforce that approach: marine research, ocean conservation, education, community outreach, and deep-sea exploration. It appears to favor organizations that can combine scientific investigation with field access, species monitoring, and public-facing ocean education. The grant record suggests a compact set of collaborative relationships rather than a broad open-call strategy.
Ocean Mokum Foundation C/o North Audley Street LLC supports ocean science through several closely related lanes. In deep-sea exploration, it provided $4,000,000 to Ocean Exploration Trust Inc for various projects, and its active programs also describe support for field projects, expeditions, and submersible use. For marine conservation science, it gave $547,700 to Innoceana in 2024 and $200,000 to the same organization in 2025, both for various projects. In shark and elasmobranch research, it awarded $470,000 to Bimini Biological Field Station Foundation Aka Shark Lab in 2023 for four specific projects, then $388,500 and $40,000 in later support to the same group. The foundation also funds ocean education and community outreach, as shown by a $15,000 grant to Act of Connecticut for various projects.
Grant sizes are large and uneven, with a typical award around the half-million mark: p25 is $449,625, median is $508,850, and p75 is $1,410,775. The recent list shows both very large project awards and smaller follow-on grants, including repeated support to the same organizations across 2023, 2024, and 2025. It is classified as a Regular Funder and does not fund individuals or make program-related investments. The active grant programs are invitation-based rather than open to unsolicited applications, and the portfolio is described as project-specific, restricted, and short-term in nature.
$255K
$2.5M
$427K
$374K
Most grants fall between $450K and $1.4M, with a median of $509K.
25th Percentile
$450K
Median
$509K
75th Percentile
$1.4M
About 50% of grants go to recipients in CT.
Top 3 recipient countries by grant volume for Ocean Mokum Foundation C/O North Audley Street.
| Rank | Country | Grants | Total | Share |
|---|---|---|---|---|
| 1 | United StatesDomestic | 4 | $4.4M | 57.1% |
| 2 |
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Notable grantees: Ocean Exploration Trust Inc., Innoceana, Bimini Biological Field Station Foundation (Shark Lab)
Grant recipients are concentrated in the United States, which accounts for 4 of the 7 recent grants, or 57.1%. Florida is the top state by grant count and receives 50% of grants overall. Recent awards also reached New London, Connecticut; Hollywood, Florida; and Ridgefield, Connecticut. Outside the United States, recipients include Ojochal, Costa Rica, and South Bimini in The Bahamas, showing a regional footprint that extends into the Caribbean and Central America.
It supports organizations working in marine research, ocean conservation, marine education, community outreach, and deep-sea exploration. The recent grants show support for ocean exploration groups, marine field stations, and conservation-focused partners rather than individuals.
No. The active grant programs are listed as invitation-based, and each of the named programs says it does not accept unsolicited applications.
Typical awards are substantial: the 25th percentile is $449,625, the median is $508,850, and the 75th percentile is $1,410,775. That places most grants in the mid-six-figure range, with some larger project awards above $1 million.
The recent record shows repeated support to the same organizations across multiple years. Innoceana received grants in 2024 and 2025, and the Bimini Biological Field Station Foundation received grants in 2023, 2024, and 2025, indicating ongoing project relationships.
Florida is the top state by grant count, and 50% of grants go to recipients in the HQ state. Recent Florida recipients include Hollywood and the Florida Keys, alongside other U.S. locations and a smaller number of grants in The Bahamas and Costa Rica.
2025
Source: IRS Form 990-PF, fiscal year 2025.
| 2 |
| $748K |
28.6% |
| 3 | Bahamas | 1 | $470K | 14.3% |
Recipient country reflects the grantee's headquarters per IRS 990-PF and Schedule F filings, not the program's implementation country.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| INNOCEANA | OJOCHAL, PU | $200,000 | 2025 | TO SUPPORT VARIOUS PROJECTS |
| BIMINI BIOLOGICAL FIELD STATION FOUNDATION AKA SHARK LAB | HOLLYWOOD, FL | $40,000 | 2025 | TO SUPPORT FOUR SPECIFIC PROJECTS |
| ACT OF CONNECTICUT | RIDGEFIELD, CT | $15,000 | 2025 | TO SUPPORT VARIOUS PROJECTS |
| OCEAN EXPLORATION TRUST INC | NEW LONDON, CT | $4,000,000 | 2024 | TO SUPPORT VARIOUS PROJECTS |
| INNOCEANA | OJOCHAL, PU | $547,700 | 2024 | TO SUPPORT VARIOUS PROJECTS |
| BIMINI BIOLOGICAL FIELD STATION FOUNDATION AKA SHARK LAB | HOLLYWOOD, FL | $388,500 | 2024 | TO SUPPORT FOUR SPECIFIC PROJECTS |
| BIMINI BIOLOGICAL FIELD STATION FOUNDATION AKA SHARK LAB | SOUTH BIMINI | $470,000 | 2023 | TO SUPPORT FOUR SPECIFIC PROJECTS |
INNOCEANA
$200,000TO SUPPORT VARIOUS PROJECTS
BIMINI BIOLOGICAL FIELD STATION FOUNDATION AKA SHARK LAB
$40,000TO SUPPORT FOUR SPECIFIC PROJECTS
INNOCEANA
$547,700TO SUPPORT VARIOUS PROJECTS
BIMINI BIOLOGICAL FIELD STATION FOUNDATION AKA SHARK LAB
$388,500TO SUPPORT FOUR SPECIFIC PROJECTS
BIMINI BIOLOGICAL FIELD STATION FOUNDATION AKA SHARK LAB
$470,000TO SUPPORT FOUR SPECIFIC PROJECTS