Blue Ocean Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Blue Ocean Inc. Data shown is extracted from Form 990-PF filings.
EIN: 20-4360719
Foundation Overview
Based in Germantown, MD, Blue Ocean Inc has awarded 63 grants totaling $1,009,339 to organizations in Nevada, Hawaii and 7 other states, plus international recipients. Individual grants range from $450 to $80,000, with a median award of $6,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
2 of 14 recipients (14%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.
Geographic Focus
Grants are geographically diversified with 16% in international locations and funding distributed across 20 total locations. This foundation values broad geographic impact and diverse community partnerships. Internationally, funding concentrates in Seoul (40%), Phnom Penh (20%), Rabat (10%).
Funding Trajectory
Strong 1428% growth in annual giving over 6 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Diversified giving across multiple program areas with primary emphasis on community projects (50%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Blue Ocean Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Global Ministry Network | $80,000 | Seongnamsi, GYEONGGI-DO, KS | Support | 2022 |
| University Of The Nation Kona | $51,200 | Kailua Kona, HI, US | Scholarships For Students | 2022 |
| Maru Culture Center | $50,000 | Rabat, Foreign, MO | Support For Empowering Woman | 2022 |
| Grace Home | $36,400 | Handong, CHIANGMAI, TH | Support Grace Home Orphanage | 2022 |
| Dongan Church | $30,000 | Seoul, Foreign, KS | Support Bali Vocational School | 2022 |
| Dalat International School | $10,830 | Pinang, PENANG, MY | Scholarship | 2022 |
| Summerlin Community Baptish Church | $10,000 | Las Vegas, NV, US | Children Education | 2022 |
| Ywam B W | $6,000 | Potomac, MD, US | Support | 2022 |
| Joseph Choe | $1,230 | Chantilly, VA, US | Scholarships | 2022 |
| Global Missionary Fellowship | $1,200 | Seoul, Foreign, KS | Support Global Missionary Fellowship | 2022 |
| Goshen College | $1,230 | Goshen, IN, US | Scholarships | 2022 |
| Gil Lee | $2,400 | Cliffside Park, NJ, US | Scholarships | 2022 |
| Liberty's Promise | $2,000 | Alexandria, VA, US | Support Young Immigrants In Need | 2022 |
| Children Of Light | $17,000 | Phnom Penh, CAMBODIA, CB | Support For Hiv Prevention Education | 2022 |
| University Of The Nation Kona | $51,200 | Kailua Kona, HI, US | Scholarships For Students | 2021 |
| Global Ministry Network | $40,000 | Seongnamsi, GYEONGGI-DO, KS | Support | 2021 |
| Blue Ocean Korea | $40,000 | Seongbukgu, SEOUL, KS | Support | 2021 |
| Grace Home | $36,000 | Handong, CHIANGMAI, TH | Support Grace Home Orphanage | 2021 |
| Maru Culture Center | $30,000 | Rabat, Foreign, MO | Support For Empowering Woman | 2021 |
| Dongan Church | $30,000 | Seoul, Foreign, KS | Support Bali Vocational School | 2021 |
| Dalat International School | $11,300 | Pinang, PENANG, MY | Scholarship | 2021 |
| Summerlin Community Baptish Church | $10,000 | Las Vegas, NV, US | Children Education | 2021 |
| Ywam B W | $6,000 | Potomac, MD, US | Support | 2021 |
| Yumi Cares | $4,000 | Potomac, MD, US | Support | 2021 |
| Jun Min Hee | $2,450 | Yonginsi, KYEONGGI-DO, KS | Scholarships | 2021 |
| Global Missionary Fellowship | $2,400 | Seoul, Foreign, KS | Support Global Missionary Fellowship | 2021 |
| Goshen College | $1,215 | Goshen, IN, US | Scholarships | 2021 |
| Gil Lee | $1,200 | Cliffside Park, NJ, US | Scholarships | 2021 |
| Children Of Light | $33,000 | Phnom Penh, N/A, CB | Children Education & Aids Prevention | 2020 |
| Dalat International School | $11,600 | Pinang, PENANG, MY | Scholarship | 2020 |
| Global Missionary Fellowship | $600 | Seoul, N/A, KS | Support Global Missionary Fellowship | 2020 |
| Grace Home | $33,250 | Handong, CHIANGMAI, TH | Support Grace Home Orphanage | 2020 |
| Summerlin Community Baptish Church | $10,000 | Las Vegas, NV, US | Children Education | 2020 |
| University Of The Nation Kona | $1,200 | Kailua Kona, HI, US | Scholarships For Students | 2020 |
| Yumi Cares | $4,000 | Potomac, MD, US | Support | 2020 |
| Ywam B W | $6,000 | Potomac, MD, US | Support | 2020 |
| Dongan Church | $30,000 | Seoul, N/A, KS | Support Bali Vacational School | 2020 |
| Maru Culture Center | $30,000 | Rabat, N/A, MO | Support For Empowering Woman | 2020 |
| Reyna Choi | $1,200 | Rockville, MD, US | Scholarships | 2020 |
| Jun Min Hee | $2,500 | Yonginsi, KYEONGGI-DO, KS | Scholarships | 2020 |
| Blue Ocean Korea | $60,000 | Seongbukgu, SEOUL, KS | Support | 2020 |
| Goshen College | $1,200 | Goshen, IN, US | Scholarships | 2020 |
| Blue Ocean (korea) | $35,000 | Seoul, N/A, KS | Support Local Nonpofit In Korea | 2017 |
| Summerlin Community Baptish Church | $10,000 | Las Vegas, NV, US | Children Education | 2017 |
| Children Of Light | $74,310 | Phnom Penh, N/A, CB | Children Education & Aids Prevention | 2017 |
| Min Jee Kim | $3,541 | Ridgewood, NJ, US | Scholarship | 2017 |
| Ymca Cornerstone Noah | $450 | Hempstead, NY, US | Scholarship | 2017 |
| Yeji Choi | $1,200 | Rockville, MD, US | Scholarship | 2017 |
| University Of The Nation Kona | $51,200 | Kailua Kona, HI, US | Scholarships For Students | 2017 |
| Daniel Kim | $1,800 | Seattle, WA, US | Scholarship | 2017 |
| Societe Humanitarian Blue Ocean | $7,500 | Nouakchott, N/A, MR | Support General & Admin Fund | 2017 |
| Bethesda Church | $1,200 | Yucatan, N/A, MX | Support Bethesda Church | 2017 |
| Jaecheon Rha | $6,000 | Busan, N/A, KS | Support Bali Vacational School | 2017 |
| Global Missionary Fellowship | $1,200 | Seoul, N/A, KS | Support Global Missionary Fellowship | 2017 |
| Dalat International School | $6,533 | Pinang, PENANG, MY | Scharship | 2017 |
| Daniel Kim | $1,200 | Seattle, WA, US | Scholarship | 2016 |
| Bethesda Church | $1,200 | Yucatan, YUCATAN, MX | Support Mexico | 2016 |
| Ye Eun Jung | $1,200 | Watertown, MA, US | Scholarship | 2016 |
| Children Of Light | $3,600 | Phnom Penh, PHNOM PENH, CB | Aids & Hiv Prevention Seminar | 2016 |
| Global Missionary Fellowship | $1,200 | Seoul, SEOUL, KS | Support Jordan | 2016 |
| Societe Humanitarian Blue Ocean | $5,000 | Nouakchott, NOUAKCHOTT, MR | To Provide Health Care Education | 2016 |
| Societe Humanitarian Blue Ocean | $5,000 | Nouakchott, NOUAKCHOTT, MR | Support General & Admin Fund | 2016 |
| University Of The Nation Kona | $1,200 | Kailua Kona, HI, US | Supporting University Of Nation Kona | 2016 |
Foundations Similar to Blue Ocean Inc
Discover 5 foundations with comparable assets ($7,738,732-$8,127,375), similar grant patterns, and geographic focus in MD that may also align with your organization's funding needs and grant seeking strategy.
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The Morris A And Clarisse B
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William E Cross Foundation Inc
EIN: 20-1220528 | 850 grants awarded |
$8,127,375
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$5,000
median grant |
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|
Macfarland Wilson Family Foundation
EIN: 02-6134751 | 185 grants awarded |
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Israel & Mollie Myers Foundation
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Related Foundation Resources in MD:
Contact Information
Official contact details for Blue Ocean Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 20-4360719 |
| Website | http://www.blueoceanusa.org |
| Address | 19700 VAUGHN LANDING DR Germantown, MD 20874-4672 |
Key People (7)
Board members, trustees, and key staff who oversee Blue Ocean Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Kwan Hee Lee |
|---|---|
| Secretary | Seoung Chul Park |
| Treasurer | Hyung Joon Kim |
| Evp & Strate | Ho June Lee |
| Dir Of Admin | Hey Ran Lee |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Blue Ocean Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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