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 DONOR ADVISED CHARITABLE GIVING INC ($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.
- Revenue FY2024
- $9.4M
- Funders on record
- 1
- Grants received
- $232M
- Net assets
- $103M
What Schmidt Ocean Institute does
Programs
Marine research vessel platform development, robotics engineering, and supporting equipment.
$692,645 spentResearch vessel operations - mapping and rov operations
$34,583,299 spentScientific programs research and development
$2,290,963 spentScience outreach and communication
$1,863,561 spent
The 4 programs described on its FY2023 Form 990-PF.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $29M to $69M (+135%).
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jyotika Virmani
Executive director
As listed on its FY2023 Form 990-PF.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income rose $24M → $98M.
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.
Against its field
Schmidt Ocean Institute is better cushioned than half of the 482 science & tech nonprofits its size.
this organization peer median middle 50% of peers· 482 science & tech nonprofits $1M–$10M, FY2024
Organizations like Schmidt Ocean Institute
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
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.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · 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 DONOR ADVISED CHARITABLE GIVING INC ($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?
- DONOR ADVISED CHARITABLE GIVING INC 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 1 funders 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 October 14, 2026. What this page cannot tell you · view filing