Project Bluewater Racing
Preselected recipients only
Project Bluewater Racing is a private foundation in La Mesa, California. In tax year 2024 it gave $66,000 in 7 grants; the typical grant was $10,000 and the largest $20,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$66,000
- Number of grants7
- Typical grant$10,000
- Largest grant$20,000
- Assets$1.4 million
- New grantees100%
Giving in 2024 was up from $20,000 the year before.
100% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $20,000 | 1 | $1.6 million |
| 2024 | $66,000 | 7 | $1.4 million |
How to apply
Project Bluewater Racing says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Project Bluewater Racing funds
Where it gives
Its grants went to recipients in 3 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 5 | $44,000 |
| Rhode Island | 1 | $12,000 |
| Georgia | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Clean Oceans International | Reduce oceanic plastic pollution through research, innovation and direct action. Funds to be used to support design and fabrication of a portable plastic waste conversion (ppwc) system capable of converting plastic waste in the water surrounding ulithi atoll into usable diesel fuel and inert char for compost. | $20,000 |
| Herrshoff Marine Museum | Support for their STEM program providing inclusive education that fosters innovation and creative problem solving. | $12,000 |
| Georgia Tech Research Corporation | A low-cost, open-source and self-fitting hearing aid | $10,000 |
| Cortez Racing Association | General use of funds for promoting low-cost access to local, regional and international corinthian sailboat racing and to broaden participation in the sport of sailing. | $10,000 |
| Ocean Voyages Institute | With employed satellite tracking, locate and recover some of the largest and most destructive of all plastic pollution-enormous "ghost nets," derelict fishing gear, that drifts below the ocean's surface, entangling ships and entrapping wildlife. | $5,000 |
| Samuel Lawrence Foundation | Advocating for safe nuclear waste storage, accurate radiation monitoring and the eventual moving of 3.6 million lbs. Of deadly toxic nuclear waste currently stored at san onofre. | $5,000 |
| Walter Munk Foundation | Support for the organization's efforts continuing walter munk's legacy of daring exploration and discovery through scientific research, education and ocean conservation. Funds to be used for education and related travel expenses of underserved students. | $4,000 |
Officers and trustees
- Robert E Capita
- Nicholas Dorn
- Marianna N Capita
- Tobie Bloom
- Canyon Breyer
- Schuyler D Capita
- Braddon R Capita
Questions people ask
Does Project Bluewater Racing accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Project Bluewater Racing give?
$66,000 in tax year 2024, across 7 grants, with a typical grant of $10,000.
Who runs Project Bluewater Racing?
Its 2024 filing lists Robert E Capita (President/Ceo), Nicholas Dorn (Vice President), Marianna N Capita (Treasurer) and Tobie Bloom (Secretary) among 7 officers and trustees.
What does Project Bluewater Racing fund?
Based on its grants, mainly environment and conservation, science and research and international.