2024-11-15T14:52:27-06:00 2023-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST SUITE 1400 BELLEVUE WA 98004 990 2023-01-01 830757695 OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION OCEA 2032915000 ONE GLENDINNING PLACE WESTPORT CT 06880 JANINE RACANELLI PRESIDENT 2032915000 2024-11-13 1 0 MEGAN R RYAN P00737884 4254544919 2024-11-13 2023 2024-10-15 13:58:12Z OCEANX JANINE RACANELLI ONE GLENDINNING PLACE WESTPORT CT 06880 31057090 0 X WWW.OCEANX.ORG X 2018 DE THROUGH A SERIES OF INTEGRATED PROGRAMS, OREF 1) SUPPORTS AND CONDUCTS SCIENTIFIC RESEARCH & DISCOVERY OF THE EARTH'S OCEANS WITH A WORLD CLASS RESEARCH AND DISCOVERY SHIP AND PACKAGE OF EQUIPMENT ENABLING SUCH SCIENTIFIC RESEARCH AND DISCOVERY AND 2) CREATES AND DISTRIBUTES MEDIA AND OTHER DOCUMENTATION HIGHLIGHTING THAT SCIENTIFIC RESEARCH AND DISCOVERY TO PROMOTE PUBLIC AWARENESS, ENGAGEMENT AND PROTECTION OF THE OCEANS AND THE DIVERSE COMMUNITIES THEY SUPPORT. OREF MAY CARRY OUT ITS SOCIAL WELFARE PURPOSED DIRECTLY OR IN CONJUNCTION WITH OTHER ORGANIZATIONS, ENTITIES OR PARTNERS. 2 2 0 4 0 0 10000000 20086326 20334393 9131388 598489 1500112 495733 339264 31428615 31057090 500000 0 0 0 24340 0 0 0 0 35101211 38267548 35625551 38267548 -4196936 -7210458 198595941 191404347 113121 131985 198482820 191272362 X THROUGH A SERIES OF INTEGRATED PROGRAMS, OREF 1) SUPPORTS AND CONDUCTS SCIENTIFIC RESEARCH AND EXPLORATION OF THE EARTH'S OCEANS WITH A WORLD CLASS RESEARCH AND EXPLORATION SHIP AND PACKAGE OF EQUIPMENT, ENABLING SUCH SCIENTIFIC RESEARCH AND EXPLORATION AND 2) DOCUMENTS AND DISTRIBUTES MEDIA AND OTHER DOCUMENTATION HIGHLIGHTING THAT SCIENTIFIC RESEARCH AND EXPLORATION TO PROMOTE PUBLIC AWARENESS, ENGAGEMENT AND PROTECTION OF THE OCEANS AND THE DIVERSE COMMUNITIES THEY SUPPORT. OREF MAY CARRY OUT ITS SOCIAL WELFARE PURPOSES DIRECTLY OR IN CONJUNCTION WITH OTHER ORGANIZATIONS, ENTITIES OR PARTNERS. 0 0 31726288 8607374 RESEARCH INITIATIVE: CONDUCT RESEARCH AND DISCOVERY OF THE EARTH'S OCEANS AND FOSTER AND PROMOTE PUBLIC AWARENESS, ADVOCACY, SCIENTIFIC DISCOVERY, AND ENGAGEMENT TO FOSTER GREATER STEWARDSHIP AND PROTECTION OF THE OCEANS. COLLABORATE WITH LEADING SCIENTIFIC, MEDIA AND PHILANTHROPIC ORGANIZATION TO FURTHER SCIENTIFIC DISCOVERY OF THE OCEANS AND THEIR PROTECTION. THROUGH THESE COLLABORATIONS, OREF HAS AND WILL CONTINUE TO SCIENTIFICALLY EXPLORE THE OCEANS AND SUPPORT THE DOCUMENTATION OF THOSE SCIENTIFIC EXPLORATIONS AND DISCOVERIES. REFER TO SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTS. 4646456 863278 EDUCATION, ENGAGEMENT, AND AWARENESS: ENGAGE IN AND SUPPORT EDUCATIONAL AND AWARENESS RAISING EFFORTS ON BEHALF OF OCEAN SCIENCE, PROTECTION, EXPLORATION AND STEWARDSHIP. ENGAGING AND EDUCATING AUDIENCES GLOBALLY BY CREATING EDUCATIONAL PROGRAMMING AND CAPTIVATING MEDIA IN MULTIPLE FORMATS AND ACROSS MULTIPLE CHANNELS ABOUT THE IMPORTANCE OF THE OCEANS AND THEIR PROTECTION, FOR THE BENEFIT OF PEOPLE GLOBALLY INCLUDING MARGINALIZED COMMUNITIES THAT DEPEND ON THE OCEAN FOR THEIR SUSTAINABILITY.REFER TO SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTS. 36372744 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 75 0 0 0 0 0 0 0 0 0 0 X 2 2 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LISA SAFIAN 2032915000 ONE GLENDINNING PLACE WESTPORT CT 06880 X MARK DALIO DIRECTOR, SECRETARY, TREASURER 1.00 2.75 X X 0 0 0 MATTHEW DALIO DIRECTOR 1.00 4.25 X 0 0 0 JANINE RACANELLI DIRECTOR EX OFFICIO, PRESIDENT 1.00 4.50 X 0 0 0 GRETCHEN WAGNER ASSISTANT SECRETARY 1.00 3.00 X 0 0 0 0 0 0 0 0 0 0 DAMEN ADMIRAAL DE RUYTERSTRAAT 24 SCHIEDAM NL 3115 HB VESSEL REFIT SERVICES 7873088 EQUIOM ONE THE ESPLANADE 3RD FL ST HELIER JE JE2 3QA MARINE CREW SERVICES 7345292 MARINO MANAGEMENT LLC 25 FORD ROAD WESTPORT CT 06880 BACK OFFICE, VESSEL MGMT., PHIL. SVCS. 4200017 PRECISION LLC 3800 NE THREE MILE LANE MCMINNVILLE OR 97128 HELO MANAGEMENT SERVICES 854482 SEATEC UK LTD 8 ELLIOT PLACE GLASGOW UK G3 8EP ENGINEERING AND CONSTRUCTION SERVICES 810444 23 20045000 41326 40346 20086326 SOCIAL WELFARE CHARTER 900099 8297374 8297374 SOC WELFARE PRODUCTION 900099 834014 834014 9131388 1453135 1453135 29264 29264 310000 0 310000 310000 310000 46977 0 46977 46977 46977 31057090 9470652 0 1500112 X 1505432 1505432 374796 374796 211000 18209 192791 12924914 12924914 906457 906457 411812 308859 102953 1616510 1616510 309860 232695 77165 939023 939023 11383814 11383814 1441625 1427832 13793 VESSEL FUEL & MAINT. 4000076 4000076 VESSEL MEALS & TRAVEL 984974 984974 COMMUNITY OUTREACH 376790 376790 EQUIPMENT 244539 244539 635926 633256 2670 38267548 36372744 1894804 0 2858722 45401 39597083 33985731 12397 0 192201273 35122243 155671815 157079030 15586 5196 440338 288989 198595941 191404347 113121 131985 113121 131985 X 0 0 0 0 198482820 191272362 198482820 191272362 198595941 191404347 -7210458 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 493828 96366 397462 21662297 4288661 17373636 170045148 30737216 139307932 157079030 EUROPE (INCLUDING ICELAND & GREENLAND) 0 56 PROGRAM SERVICES VESSEL REFIT & SHIP DESIGN SERVICES 17473527 EUROPE (INCLUDING ICELAND & GREENLAND) 0 48 PROGRAM SERVICES MULTI-DISCIPLINARY SCIENTIFIC AND MEDIA EXPEDITION 5092311 EUROPE (INCLUDING ICELAND & GREENLAND) 0 59 PROGRAM SERVICES YOUNG EXPLORERS PROGRAM 751325 MIDDLE EAST AND NORTH AFRICA 0 43 PROGRAM SERVICES MULTI-DISCIPLINARY SCIENTIFIC AND MEDIA EXPEDITION 7596727 0 206 0 0 0 206 30913890 0 30913890 1 0 0 0 0 1 PART I, LINE 3: THE MODIFIED CASH METHOD IS USED TO ACCOUNT FOR EXPENDITURES. SCHEDULE F, PART I, LINE 3: THE VESSEL MOVED THROUGHOUT EUROPE AND MIDDLE EAST DURING 2023. SEE FORM 990, PART III FOR OUR PROGRAMMATIC ACTIVITIES. SCHEDULE F, PART IV, LINE 1: FORM 926 IS NOT REQUIRED TO BE FILED BECAUSE THE TRANSFER TO A FOREIGN CORPORATION DOES NOT MEET THE REPORTING REQUIREMENTS IN THE IRC SEC 6038(A)(1)(A). X MARINE ASSET 1 40346 COST 0 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART 1, LINE 6 THE FOUNDATION HAD TWO VOLUNTEER BOARD MEMBERS AND TWO VOLUNTEER OFFICERS. FORM 990, PART III, LINE 4 THE FOLLOWING INITIATIVES SPAN SCIENTIFIC RESEARCH, MEDIA, EDUCATION & ENGAGEMENT INITIATIVES TO FURTHER OUR COLLECTIVE SCIENTIFIC AND EDUCATIONAL UNDERSTANDING, ENGAGEMENT AND PROTECTION OF THE OCEANS: COP28 OREF HAD A MAJOR PRESENCE AT THE 2024 UNITED NATIONAL GLOBAL CLIMENT CONFERENCE, COP28. THE EVENT ALLOWED ATTENDEES AND OREF TO ENGAGE IN IN-DEPTH DISCUSSIONS ABOUT THE ROLE OF SCIENCE IN PROTECTING THE OCEAN, STRENGTHENING OCEAN-CLIMATE ACTION, AND INCREASING COMMITMENT TO THE EXPLORATION AND DISCOVERY. THIS WAS ACCOMPLISHED THROUGH A PAVILION INSTALLATION IN THE DIPLOMATIC NEGOTIATION ZONE IN PARTNERSHIP WITH IOC-UNESCO AS WELL AS THE PRESENCE OF THE R/V OCEANXPLORER DOCKED LOCALLY TO THE CONFERENCE. REFIT THE OCEANXPLORER, ONE OF THE MOST ADVANCED SCIENTIFIC EXPLORATION VESSELS, COMPLETED A 5-YEAR PROJECT UPGRADING ITS SCIENTIFIC, MEDIA AND OPERATIONAL CAPABILITIES. A SIGNIFICANT INVESTMENT WAS MADE TO ENHANCE THE VESSEL'S SCIENCE AND MEDIA LABS, AND CORE MARINE INFRASTRUCTURE. IN TOTAL, THE REFIT TRANSFORMED A FORMER OIL PROSPECTING VESSEL TO A ONE-OF-A-KIND FLOATING LABORATORY FOR MARINE BIOLOGY RESEARCH, EXPLORATION, AND OCEAN STORYTELLING. OCEANXPLORERS SERIES THE OCEANXPLORERS SERIES AIMS TO ENGAGE AUDIENCES GLOBALLY ON THE IMPORTANCE OF UNDERSTANDING, APPRECIATING, AND PROTECTING THE OCEANS. THE SERIES IS A COLLABORATION WITH SCIENTIFIC AND MEDIA ORGANIZATIONS TO CREATE A SIX-EPISODE SERIES WITH ADDITIONAL ANCILLARY EDUCATIONAL AND OUTREACH ACTIVITIES. THE SERIES IS FOCUSED ON THE SCIENTIFIC EXPLORATION OF THE OCEAN, AND PROFILES SCIENTISTS WHO ENGAGE IN OCEANOGRAPHIC RESEARCH AND EXPLORATION. FILMING ON EPISODES 3 AND 4 TOOKPLACEIN THE AZORES. ANCILLARY EDUCATIONAL PROGRAMING BROUGHT TO LIFE THE OCEANXPERIENCE MUSEUM EXHIBIT, WHICH DEBUTED AT LIBERTY SCIENCE CENTER IN NEWARK, NJ AS AN INTERACTIVE AND IMMERSIVE REPLICA OF THE R/V OCEANXPLORER FOR PEOPLE OF ALL AGES. 2023 UIB MISSION OREF COMPLETED A MISSION IN COLLABORATION WITH RESEARCHERS FROM THE UNIVERSITY OF BERGEN THAT EXPANDED OUR UNDERSTANDING OF FUNDAMENTAL MARINE ECOLOGICAL PROCESSES LIKE CARBON FLUX AND SEQUESTRATION, ANIMAL BEHAVIOR AND BIODIVERSITY CHANGE OVER TIME. THE EXPEDITION SURVEYED DEEP WATERS IN AND OFFSHORE WITHIN KELP AND BENTHIC COMMUNITIES IN MASFJORDEN AND SOGNEFJORDEN. 2023 AZORES MISSION RESEARCHERS FROM THE UNIVERSITY OF AZORES, OKEANOS JOINED OREF FOR A RESEARCH-FOCUSED EXPEDITION EXPLORING AND MAPPING THE DEEP SEA, MESOPELAGIC, AND PELAGIC ENVIRONMENTS SURROUNDING SEAMOUNTS IN THE AZORES. USING MULTIDISCIPLINARY APPROACHES, THE MISSION FILLED KNOWLEDGE GAPS IN THE REGION, IMPROVING HABITAT MAPPING, AND VISITING AND EXPLORING PREDICTED VULNERABLE MARINE ECOSYSTEMS, SUCH AS HYDROTHERMAL VENTS, CORALS, FISH, DEEP-SEA SHARKS, AND SHARK'S EGGS/NURSERIES. 2023 YEP IV THE YOUNG EXPLORER'S PROGRAM IS AN EDUCATIONAL PROGRAM INTENDED TO EXPOSE STUDENTS WITH AN INTEREST IN THE OCEANS TO SCIENTIFIC EXPLORATION, SCIENCE COMMUNICATIONS AND VESSEL OPERATIONS. 17 STUDENTS WERE OFFERED HANDS-ON, REAL-WORLD EXPOSURE TO MARINE SCIENCE AND MEDIA ONBOARD OUR WORLD-CLASS RESEARCH VESSEL, THE OCEANXPLORER. THE PROGRAM HAS AN EMPHASIS ON STUDENTS AND EDUCATORS FROM UNDERREPRESENTED GROUPS. THE PROGRAM INCLUDES THREE COMPONENTS: 1) OCEANOGRAPHIC AND MARINE BIOLOGICAL STUDIES; 2) SCIENCE COMMUNICATIONS INCLUDING SHORT AND LONG FORM VISUAL MEDIA; AND 3) SHIP OPERATIONS INCLUDING FUNCTIONS OF VARIOUS CREW DEPARTMENTS. UAE SCIENCE OREF, IN COLLABORATION WITH THE ENVIRONMENT AGENCY OF ABU DHABI, IN A FIRST-OF-ITS-KIND MAPPING OF THE UAE'S OCEAN ENVIRONMENT AND CONDUCTED A MAJOR FISHERIES ASSESSMENT. THE MISSION'S WORK WILL CONTRIBUTE TO INFORMED DECISION MAKING FOR THE SUSTAINABLE MANAGEMENT OF THE OCEANS WHILE EMPOWERING LOCAL FISHERY PRACTICES AROUND THE UAE. FORM 990, PART VI, SECTION A, LINE 2 MARK DALIO AND MATTHEW DALIO HAVE A FAMILY RELATIONSHIP. JANINE RACANELLI AND GRETCHEN WAGNER HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 UNDER DELAWARE LAW, CORPORATIONS MUST HAVE MEMBERS, AS PROVIDED BY THE ORGANIZATION'S BYLAWS. THE DIRECTORS AND MEMBERS ARE THE SAME PEOPLE. FORM 990, PART VI, SECTION A, LINE 7A UNDER DELAWARE LAW, CORPORATIONS MUST HAVE MEMBERS, AS PROVIDED BY THE ORGANIZATION'S BYLAWS. THE DIRECTORS AND MEMBERS ARE THE SAME PEOPLE. FORM 990, PART VI, SECTION B, LINE 11B DRAFT 990 TO BE REVIEWED BY THE PRESIDENT AND ASSISTANT SECRETARY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C 1. COVERED PERSONS ARE OFFICERS AND DIRECTORS OF OREF, AND THEIR FAMILY MEMBERS AND BUSINESSES FOR WHICH THEY OWN 35% OR MORE. 2. CONFLICT OF INTEREST DISCLOSURES ARE MADE VIA AN ANNUAL DISCLOSURE STATEMENT THAT COVERED PERSONS ARE REQUIRED TO REVIEW AND SIGN. 3. UPON A COVERED PERSON'S DISCLOSURE OF AN INTEREST IN A TRANSACTION, THE INTERMEDIATE SANCTIONS AND CONFLICTS OF INTEREST COMMITTEE, IN CONSULTATION WITH COUNSEL IF NECESSARY, WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. 4. IF IT IS DETERMINED THAT A CONFLICT EXISTS OR THAT THERE IS AN APPEARANCE OF A CONFLICT, THE TRANSACTION MAY BE APPROVED ONLY UPON A VOTE OF A MAJORITY OF THE DISINTERESTED MEMBERS OF THE INTERMEDIATE SANCTIONS AND CONFLICTS OF INTEREST COMMITTEE, OR, IF THERE ARE NO DISINTERESTED COMMITTEE MEMBERS, BY UNANIMOUS VOTE OF THE COMMITTEE MEMBERS. THE COVERED PERSON MAY BE PRESENT FOR THE DISCUSSION IN ORDER TO RESPOND TO QUESTIONS AND ELABORATE ON THE INFORMATION PRESENTED. UPON REQUEST OF THE DISINTERESTED COMMITTEE MEMBERS, THE COVERED PERSON WILL BE REQUIRED TO EXCUSE HIMSELF OR HERSELF FROM THE VOTE ON THE TRANSACTION. IN ANY EVENT, THE COVERED PERSON, IF A MEMBER OF THE INTERMEDIATE SANCTIONS AND CONFLICTS OF INTEREST COMMITTEE, WILL ABSTAIN FROM VOTING ON THE TRANSACTION EXCEPT INSOFAR AS THE POLICY REQUIRES A UNANIMOUS VOTE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G MARINE CREW FEES: PROGRAM SERVICE EXPENSES 7,452,507. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,452,507. MARINE EQUIPMENT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 1,818,058. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,818,058. CONSULTING: PROGRAM SERVICE EXPENSES 1,661,323. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,661,323. OTHER MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 1,505,432. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,505,432. ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 487,594. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 487,594. 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