Blue Ocean Inc
Invitation OnlyGermantown, Maryland · EIN 20-4360719 · Private foundation · Website
Grants paid (2024)$352K
Organizations funded13
Typical grant$10,000
Total assets$15.4M
Half of its grants to organizations were between $4,500 and $50,000.
From the return
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
50% of grants went outside Maryland.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Kyung Joon Lee | Buyukcekm, TU | Support children education program | $80,000 |
| Maru Culture Center | Rabat, MO | Support for empowering woman | $55,000 |
| University of the Nation Kona | Kailua Kona, HI | Scholarships for students | $51,200 |
| Global Mission Church | Seongnamsi, KS | Support rehabilitation education | $50,000 |
| Dongan Church | Seoul, KS | Support bali vocational school | $40,000 |
| Grace Home | Handong, TH | Support grace home orphanage | $37,000 |
| Dwell City Church | Bel Air, MD | Support young student edu program | $10,000 |
| Summerlin Community Baptish Church | Las Vegas, NV | Support children education | $10,000 |
| Ywam B W | Germantown, MD | Support | $6,000 |
| Yangrim Presbyterian Church | Gwangju, KS | Support | $4,500 |
| Yumi Cares | Ellicott City, MD | Art therapy to pediatric patients | $4,000 |
| Global Missionary Fellowship | Seoul, KS | Support global missionary fellowship | $3,600 |
| Wheaton College | Wheaton, IL | Scholarships | $1,200 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $352,500 | 13 |
| 2023 | $347,535 | 18 |
| 2022 | $299,490 | 14 |
| 2021 | $265,765 | 14 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 15, 2025 - IRS e-file batch, object ID 202543189349104589
- IRS Tax Exempt Organization Search for EIN 20-4360719
- Profile updated Nov 6, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.