Walter Munk Foundation For the Oceans
Only null% goes to programs
Walter Munk Foundation For the Oceans is a 501(c)(3) organization based in La Jolla, California, registered in 2019, with $693,038 in FY2024 revenue. CharityIndex grades it B.
2120 Vallecitos Unit 203, La Jolla, CA, 92037 EIN 82-3477332 Since 2019
Revenue (FY2024)
$693K
▼ 1.0% vs prior year
Environment median: $250K
Expenses (FY2024)
$693K
Net assets
$128K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Walter Munk Foundation For the Oceans— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Walter Munk Foundation For the Oceans: 2 mo reserves · +0% margin earns a B on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Walter Munk Foundation For the Oceans— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Walter Munk Foundation For the Oceans: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2120 Vallecitos Unit 203, La Jolla, CA, 92037
- City
- La Jolla
- State
- California
- Category
- Environment
- Subcategory
- Natural Resources Conservation
- Website
- …
Financial trends
Revenue grew from $188K (FY2018) to $693K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,841Net assets $128K
Operating margin
0.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$130K
Total liabilities
$1,841
Net assets
$128K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $693,038▼1.0% | $692,675▲5.2% | $128,067▲0.3% | $129,908▼9.9% | 990 |
| 2023 | $699,935▲3.3% | $658,727▲8.4% | $127,704▲47.6% | $144,181▲40.8% | 990 |
| 2022 | $677,777▼9.2% | $607,651▼7.0% | $86,496▼18.9% | $102,433▼4.6% | 990 |
| 2021 | $746,186▲119% | $653,148▲85.2% | $106,661▲75.5% | $107,410▲76.7% | 990 |
| 2020 | $340,964▼19.4% | $352,732▼9.3% | $60,786▼16.2% | $60,786▼16.2% | 990 |
| 2019 | $423,133▲125% | $389,087▲160% | $72,554▲88.4% | $72,554▲88.4% | 990 |
| 2018 | $188,301 | $149,793 | $38,508 | $38,508 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.3M total
8 grants to Walter Munk Foundation For the Oceans totaling $1.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Community Foundation of San Diego | General | 2023 | $629,332 |
| The San Diego Foundation | Celebrate our oceans | 2023 | $101,500 |
| Jewish Community Foundation of San Diego | General | 2022 | $378,411 |
| The San Diego Foundation | Meet me at the map community educational program | 2022 | $88,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $11,000 |
| Jewish Community Foundation of San Diego | General | 2021 | $100,579 |
| Community Partners | Lausd partner matching fund program which augments stem programing related to marine science, local ecosystems, aerospace engineering, physics, and science-art integration. target population is english learners, students reclassified as fleunt english proficients, low-income systems, and foster youth. | 2021 | $7,955 |
| The San Diego Foundation | For general support | 2019 | $10,000 |
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Frequently asked questions
- Is Walter Munk Foundation For the Oceans a legitimate nonprofit?
- Yes. Walter Munk Foundation For the Oceans is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-3477332, based in La Jolla, California. Donations are tax-deductible.
- What is Walter Munk Foundation For the Oceans's EIN?
- Walter Munk Foundation For the Oceans's Employer Identification Number (EIN) is 82-3477332.
- How much revenue does Walter Munk Foundation For the Oceans report?
- Walter Munk Foundation For the Oceans reported $693,038 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Walter Munk Foundation For the Oceans have?
- CharityIndex grades Walter Munk Foundation For the Oceans B, based on financial health (reserves and operating margin).
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Data for Walter Munk Foundation For the Oceans (EIN 82-3477332) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.