Honda Marine Science Foundation is located in Torrance, CA. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Honda Marine Science Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2021, Honda Marine Science Foundation generated $312.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (31.0%) each year. All expenses for the organization totaled $460.3k during the year ending 03/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Honda Marine Science Foundation has awarded 18 individual grants totaling $1,342,808. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Hendley President | 1 | $0 | |
Steve Center Chairman | 1 | $0 | |
Raminta Jautokas Treasurer | 5 | $0 | |
Hunter Lenihan Director | 1 | $0 | |
Matt Sloustcher Director | 1 | $0 | |
Jessalyn Ishigo Secretary | 3 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $218,762 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $94,032 |
Capital Gain Net Income | $94,032 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $312,794 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $26,206 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $5,748 |
Total operating and administrative expenses | $31,954 |
Contributions, gifts, grants paid | $428,320 |
Total expenses and disbursements | $460,274 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $105,252 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $5,654 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $8,758,430 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $8,869,336 |
Accounts payable and accrued expenses | $17,519 |
Grants payable | $99,206 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $1,563 |
Total liabilities | $118,288 |
Over the last fiscal year, Honda Marine Science Foundation has awarded $485,114 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
THE NATURE CONSERVATORY PURPOSE: THE NATURE CONSERVANCY (TNC) HAS IDENTIFIED THE ESTABLISHMENT OF A NETWORK OF REGENERATIVE OCEAN KELP FARMS AS A MEANS OF DRIVING KELP REFORESTATION AND LONG-TERM RECOVERY IN CALIFORNIA. TNC IS LAUNCHING A DEMONSTRATION PROJECT TO ESTABLISH THE FIRST-OF-ITS-KIND REGENERATIVE OCEAN FARM ON THE NORTH COAST OF CALIFORNIA. THIS PROJECT WILL RESTORE 20 ACRES OF KELP FORESTS, VALIDATE THE POTENTIAL OF REGENERATIVE OCEAN FARMING, AND BRING BACK THE PRODUCTIVITY AND BIODIVERSITY OF THE ECOSYSTEM WHILE PROVIDING ECONOMIC OPPORTUNITIES FOR COASTAL COMMUNITIES. TNC'S GOAL WITH THIS PROJECT IS TO ESTABLISH A FRAMEWORK THAT CAN HELP RESTORE BULL KELP POPULATIONS AND THE LIVING SHORELINES THEY SUPPORT ALONG THE CALIFORNIA COASTLINE. | $100,000 |
CALIFORNIA OCEAN SCIENCE TRUST PURPOSE: CALIFORNIA OCEAN SCIENCE TRUST (OST, 501C3, EIN: 6 5-1261006) IS THRILLED TO PROPOSE A PROJECT FOCUSED ON SCIENCE INFORMING SOLUTIONS, AS WE SEEK TO MAKE COASTAL NATURE-BASED ADAPTATION, SPECIFICALLY LIVING SHORELINES, WORK MORE EQUITABLY FOR NATURE AND PEOPLE IN CALIFORNIA. OST WILL CONVENE AN INTERDISCIPLINARY WORKING GROUP OF EXPERTS TO DEVELOP EVIDENCE-BASED SCIENCE GUIDANCE FOR ACHIEVING SOCIALLY EQUITABLE OUTCOMES OF LIVING SHORELINES. WORKING GROUP MEMBERS WILL REPRESENT EXPERTS IN ACADEMIC FIELDS SUCH AS SOCIAL VULNERABILITY, COASTAL ECOLOGY, AND DESIGN/ENGINEERING ALONGSIDE ENVIRONMENTAL JUSTICE PRACTITIONERS, EQUITY-BASED NONPROFITS, AND COMMUNITY-BASED ADVOCACY ORGANIZATIONS. SIMULTANEOUSLY, OST WILL LEVERAGE OUR UNIQUE CONNECTIONS TO THE STATE TO CONVENE AN INFORMAL ADVISORY COMMITTEE OF STATE AGENCY POLICY-MAKERS, AS WELL AS PUBLIC AND PRIVATE FUNDERS TO ENSURE THAT THE FINAL RESULTS ARE ACTIONABLE WITHIN CALIFORNIA POLICY AND FUNDING FOR RESTORATION. | $92,257 |
San Diego, CA PURPOSE: RECONNECTING TO KENDALL-FROST MARSH IS A PROJECT THAT BRINGS NEW AND NEEDED PERSPECTIVES TO COASTAL WETLAND RESTORATION IN SAN DIEGO'S MISSION BAY. BRINGING INDIGENOUS COMMUNITY KNOWLEDGE AND PARTNERSHIP TO THE FOREFRONT OF HABITAT MANAGEMENT AND ACCESS DISCUSSIONS IS NEEDED ALONG OUR SHARED SHORELINE THROUGHOUT THE STATE. WE WILL CONDUCT INNOVATIVE RESEARCH AND COMMUNITY-DRIVEN DISCUSSIONS ABOUT THE LIVING HISTORY AND FUTURE MANAGEMENT AND ACCESS AT THE UNIVERSITY OF CALIFORNIA NATURAL RESERVE SYSTEM'S KENDALL-FROST MARSH RESERVE AND SET A BENCHMARK FOR COLLABORATIVE RESEARCH AND MANAGEMENT FOR OTHER ORGANIZATIONS AND LOCATIONS TO FOLLOW. | $85,229 |
DUKE UNIVERSITY PURPOSE: THE CENTRAL OBJECTIVE OF OUR PROJECT IS TO FILL KEY KNOWLEDGE GAPS IN QUANTIFYING THE INTERPLAY BETWEEN CORAL REEF RESTORATION ACTIONS AND HYDRODYNAMIC RESPONSES AT THE SHORELINE TO INFORM THE DESIGN OF CORAL RESTORATION FOR SHORELINE PROTECTION. WE WILL USE A SYSTEMATIC SERIES OF COUPLED 3D WAVE/CIRCULATION MODEL SIMULATIONS OF IDEALIZED CORAL REEFS, CORRESPONDING TO DIFFERENT CANDIDATE CORAL RESTORATION DESIGNS (E.G., VARYING CORAL HEIGHT, SPACING, POSITION ON REEF, PATCHINESS/CLUSTERING, ANTECEDENT BOTTOM ROUGHNESS) TO UNDERSTAND THE EFFECTS ON WAVE ATTENUATION, DETERMINE FORCES ON RESTORED CORALS AT DIFFERENT POSITIONS ON THE REEF, AND BREAKAGE PROBABILITIES. THESE ANALYSES WILL ASSIST IN IDENTIFYING SPECIES, CONFIGURATIONS, PLACEMENT, AND ATTACHMENT METHODS FOR THE HIGHEST POTENTIAL FOR SUCCESSFUL RESTORATION. | $75,926 |
Seattle, WA PURPOSE: THE SWEETGRASS LIVING SHORELINE RESTORATION PROJECT INTEGRATES SCIENCE, PLANNING, DESIGN, AND STAKEHOLDER PARTICIPATION TO DEVELOP, FABRICATE, DEPLOY, AND MONITOR PROTOTYPICAL FLOATING WETLAND COASTAL SHORELINE DESIGNS FOR KEY URBAN TEST SITES IN THE LAKE WASHINGTON CEDAR-SAMMAMISH WATERSHED (WATER RESOURCE INVENTORY AREA 8WRIA 8) AND ESTUARINE PUGET SOUND SHORELINE. | $75,702 |
CALIFORNIA SEA GRANT UCSD PURPOSE: TO CONVENE SCIENTISTS, ENGINEERS, AND COMMUNITIES WHO HAVE BEEN INVOLVED IN IMPLEMENTING AND MONITORING CALIFORNIA PILOT DUNE RESTORATION PROJECTS TO COMPILE A BEST PRACTICE GUIDEBOOK WITH THE GOAL OF ENHANCING THE PILLAR POINT WEST TRAIL LIVING SHORELINE PROJECT AND INFORMING OTHER DUNE LIVING SHORELINE PROJECTS CURRENTLY IN THE EARLY PLANNING AND DESIGN STAGES. | $56,000 |
Organization Name | Assets | Revenue |
---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |