Mission Statement
Plant a Million Corals Foundation (PAMCF)is a non-profit (501(c)3) organization dedicated to restoring coral reefs through innovative science, education, and community engagement. Founded in 2019 by Dr. David Vaughan, a renowned coral reef scientist, known for his groundbreaking discovery of a method to rapidly reproduce resilient, fast-growing corals, PAMCF is committed to large scale application of micro-fragmentation. By cultivating and outplanting millions of corals, PAMCF aims to rebuild thriving coral reef ecosystems for future generations. With already over 40,000 corals on site at their facility in Summerland Key, and counting, PAMCF is on the way to reach 100,000 coral production by the end of 2025, and a 1.1million coral production capacity by the end of 2026. This will allow PAMCF to produce 1 million corals per year to be planted on the Florida Coral Reef Tract. To accelerate coral restoration efforts, PAMCF has developed the Coral Restoration Units (CRUs) program, providing essential equipment and training to individuals and organizations committed to coral reef restoration. Additionally, the foundation offers Coral Restoration Workshops to educate and empower practitioners and organizations to participate in this critical conservation work.
Financial Overview — FY 2023
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $449K | $683K | N/A | — | 7 |
| 2022 | $702K | $505K | N/A | — | 5 |
| 2021 | $1.3M | $588K | N/A | — | 4 |
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