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California · Nonprofit

Schmidt Ocean Institute

Schmidt Ocean Institute (California) receives grants from 1 organization whose IRS filings report $232,000,000 to it, the largest being Schwab Charitable Fund ($232,000,000). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$9.4M
Revenue FY2024
1
Funders on record
$232M
Grants received
$103M
Net assets
1/1 repeat fundersgrants exceed reported revenue in one year

Against its field

Schmidt Ocean Institute is better cushioned than half of the 481 science & tech nonprofits its size.

Months of reserve8.2mo · above the median
Revenue growth (annualized)−12% · bottom quartile

this organization peer median middle 50% of peers· 481 science & tech nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($18M) Expenses 100 ($28M) Net assets 100 ($27M)2020 Revenue 363 ($65M) Expenses 97 ($27M) Net assets 243 ($65M)2021 Revenue 123 ($22M) Expenses 107 ($30M) Net assets 214 ($57M)2022 Revenue 262 ($47M) Expenses 79 ($22M) Net assets 309 ($83M)2023 Revenue 437 ($78M) Expenses 121 ($34M) Net assets 492 ($132M)2024 Revenue 52 ($9.4M) Expenses 133 ($37M) Net assets 387 ($103M)
201920202021202220232024
Revenue (52)Expenses (133)Net assets (387)Peer revenue range
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $24M → $98M.

Funder
'17
'18
'19
'20
'22
'23
'25*
total
funders
1
1
1
1
1
1
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF)100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $315k from one payer (the payer shares this organization's board, largest The Schmidt Family Foundation). These are real filings, and they are not money Schmidt Ocean Institute raised.

From the IRS filings of Schmidt Ocean Institute’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Schmidt Ocean Institute's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $232M arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Schmidt Ocean Institute

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for Schmidt Ocean Institute: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Schmidt Ocean Institute?
Schmidt Ocean Institute (California) receives grants from 1 organization whose IRS filings report $232,000,000 to it, the largest being Schwab Charitable Fund ($232,000,000). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Schmidt Ocean Institute have?
IRS filings report 1 organization giving $232,000,000 in grants to Schmidt Ocean Institute, 1 of which have funded it in more than one year.
Who is the largest funder of Schmidt Ocean Institute?
Schwab Charitable Fund is the largest funder on record, with $232,000,000 in grants. The full list of funders is on this page.
How can an organization like Schmidt Ocean Institute find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 1funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing