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ENERGY AND ENVIRONMENTAL RESEARCH CENTER FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ENERGY AND ENVIRONMENTAL RESEARCH CENTER FOUNDATION (EIN 36-3842479)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-03-23
IRS object ID
202200829349300700
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-03-23T07:14:36-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450250958PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Eide Bailly LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1800 Nicollet Mall Ste 1300AddressLine1Txt
CityMinneapolisCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554027033ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363842479EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Energy & Environmental Research CenterBusinessNameLine1Txt
Business Name Line2FoundationBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlENERBusinessNameControlTxt
Phone7017775000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line115 N 23rd St Stop 9017AddressLine1Txt
CityGrand ForksCityNm
State AbbreviationNDStateAbbreviationCd
ZIP582029017ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCharles GoreckiPersonNm
Person TitlePresident and CEOPersonTitleTxt
Phone7017775000PhoneNum
Signature2022-01-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCharlesPersonFirstNm
Person LastGoreckiPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDeb Nelson CPAPreparerPersonNm
PTINP01264758PTIN
Phone6122536500PhoneNum
Preparation2022-01-25PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1EERCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerCharles GoreckiPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line115 N 23rd St Stop 9017AddressLine1Txt
CityGrand ForksCityNm
State AbbreviationNDStateAbbreviationCd
ZIP582029017ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$298,963GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.eercfoundation.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateNDLegalDomicileStateCd
Activity Or MissionAdvancing University of North Dakota EERC technology to the marketplace.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$20,000PYContributionsGrantsAmt
CY Contributions Grants$70,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$27,237PYInvestmentIncomeAmt
CY Investment Income$118,148CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$47,237PYTotalRevenueAmt
CY Total Revenue$188,148CYTotalRevenueAmt
PY Grants And Similar Paid$35,036PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$30,902CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$196,926PYOtherExpensesAmt
CY Other Expenses$172,854CYOtherExpensesAmt
PY Total Expenses$231,962PYTotalExpensesAmt
CY Total Expenses$203,756CYTotalExpensesAmt
PY Revenues Less Expenses-$184,725PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$15,608CYRevenuesLessExpensesAmt
Total Assets BOY$3,121,481TotalAssetsBOYAmt
Total Assets EOY$4,366,303TotalAssetsEOYAmt
Total Liabilities BOY$25,904TotalLiabilitiesBOYAmt
Total Liabilities EOY$18,189TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,095,577NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,348,114NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTo promote, encourage, and foster the education and training services, scientific investigations, technology development, technology commercialization, and other related services of UND's Energy & Environmental Research Center, Grand Forks, North Dakota.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$100,763ExpenseAmt
Grant$30,902GrantAmt
DescThe EERC Foundation provides a dedicated infrastructure to support commercialization activities and houses the rights to technologies developed by the EERC. Through two decades of experience meeting a wide variety of unique client needs,the EERC Foundation has developed highly flexible and innovative approaches to a variety of business arrangements. These include tailored licensing and equity agreements that support the client's achieving a competitive edge. (Continued on Schedule O)The EERC and its partner, the EERC Foundation, are committed to commercialization. Spin-off businesses and high-tech and manufacturing jobs that pay well are some of the many fruits of successful commercialization efforts. The potential benefits of effective commercialization of EERC-developed technologies are enormous. Commercialization also secures work at the EERC through development contracts as well as by providing funding to assist in the development of commercially viable technology. The EERC Foundation investing cash in the EERC creates a virtuous cycle of economic growth. Equally important is the EERC Foundation's role in providing incentives for innovative work at the EERC. Under the State Board of Higher Education policy, inventors in a commercialized technology receive at least 30% of the net commercialization income. In essence, the EERC Foundation supports the EERC market-driven business model of a timely and seamless transition between the creation of the technology and its commercialization that leads to economic development. The EERC Foundation acts as the EERC's "commercialization catalyst." As of fiscal yearend June 30, 2021, the EERC Foundation has 13 active, issued US patents and 9 patents pending.Desc
Total Program Service Expenses$100,763TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Erin O'LearyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7017775000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line115 N 23rd St Stop 9017AddressLine1Txt
CityGrand ForksCityNm
State AbbreviationNDStateAbbreviationCd
ZIP582029017ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Ron Ness
President1.00Yes (X)Yes (X)$0$0$0
David Straley
Vice President1.00Yes (X)Yes (X)$0$0$0
Josh Klug
Secretary/Treasurer1.00Yes (X)Yes (X)$0$0$0
Shannon Angielski
Member0.50Yes (X)$0$0$0
Jeff Hume
Member0.50Yes (X)$0$0$0
Robert McLennan
Member0.50Yes (X)$0$0$0
Chuck McConnell
Member0.50Yes (X)$0$0$0
Deanna Carlson Zink
Member0.50Yes (X)$0$0$0
Mike Nasi
Member0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$70,000AllOtherContributionsAmt
Total Contributions$70,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,963TotalRevenueColumnAmt
Exclusion$28,963ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$200,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$110,815SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$89,185SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$89,185TotalRevenueColumnAmt
Exclusion$89,185ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$188,148TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$118,148ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$30,902TotalAmt
Program Services$30,902ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,335TotalAmt
Management And General$4,335ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$11,275TotalAmt
Management And General$11,275ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$82,195TotalAmt
Management And General$82,195ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$36TotalAmt
Management And General$36ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$805TotalAmt
Management And General$805ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$69,101TotalAmt
Program Services$69,101ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,347TotalAmt
Management And General$4,347ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescInventor AllocationDesc
Total$20TotalAmt
Program Services$20ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$740TotalAmt
Program Services$740ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$203,756TotalAmt
Program Services$100,763ProgramServicesAmt
Management And General$102,993ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$66,635BOYAmt
EOY$34,156EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$106BOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$94,151BOYAmt
EOY$94,151EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,699,446BOYAmt
EOY$1,797,019EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$302,385BOYAmt
EOY$1,379,829EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$958,758BOYAmt
EOY$1,061,148EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,121,481BOYAmt
EOY$4,366,303EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$25,904BOYAmt
EOY$18,189EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,904BOYAmt
EOY$18,189EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,095,577BOYAmt
EOY$4,348,114EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,095,577BOYAmt
EOY$4,348,114EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,121,481BOYAmt
EOY$4,366,303EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$15,608ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,268,145NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,075,906CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$120,554CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,000CurrentTaxYearMinus1YearAmt
Current Tax Year$70,000CurrentTaxYearAmt
Total$1,331,460TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,075,906CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$120,554CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,000CurrentTaxYearMinus1YearAmt
Current Tax Year$70,000CurrentTaxYearAmt
Total$1,331,460TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$157,876SubstantialContributorsTotAmt
Public Support Total170$1,173,584PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$26,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$37,086CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,230CurrentTaxYearMinus1YearAmt
Current Tax Year$28,963CurrentTaxYearAmt
Total$129,844TotalAmt
FieldValueIRS element (for citing)
Total Support$1,461,304TotalSupportAmt
Gross Receipts Rltd Activities$24,556GrossReceiptsRltdActivitiesAmt
Public Support CY1700.80310PublicSupportCY170Pct
Public Support PY1700.88690PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescProgram Related InvestmentsDesc
Book Value$1,379,829BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$1,379,829TotalBookValueProgramRltdAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,445,018TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,268,145NetUnrealizedGainsInvstAmt
Revenue Not Reported$1,268,145RevenueNotReportedAmt
Revenue Subtotal$176,873RevenueSubtotalAmt
Investment Expenses Not Incld$11,275InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$11,275RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$188,148TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$192,481TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$192,481ExpensesSubtotalAmt
Investment Expenses Not Incld2$11,275InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$11,275ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$203,756TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationThe Foundation believes that it has appropriate support for any tax position taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1UND Energy & Environmental Research CenterBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line115 North 23rd Street Stop 9018AddressLine1Txt
CityGrand ForksCityNm
State AbbreviationNDStateAbbreviationCd
ZIP582029018ZIPCd
FieldValueIRS element (for citing)
Recipient EIN466002491RecipientEIN
IRC SectionUNDIRCSectionDesc
Cash Grant$30,902CashGrantAmt
Purpose Of GrantIP CommercializationPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationThe allocation is to the University of North Dakota Energy & Environmental Research Center (EERC). This is the single allocation made by this Foundation. The EERC reports on commercialization efforts at each Foundation board meeting.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 1The duly elected officers of the organization who are members of the Board of Directors of the Organization constitute the Executive Committee and are able to conduct business on behalf of the Board of Directors when appropriate.
Form 990, Part VI, Section B, line 11bThe Form 990 is reviewed by the Treasurer and presented to the Board at the spring board meeting.
Form 990, Part VI, Section B, line 12cAn interested person is required to disclose a conflict of interest. The Executive Committee determines if a conflict exists and develops an appropriate mitigation plan. Individuals with conflicts will recuse themselves from voting on issues on which they have a conflict.
Form 990, Part VI, Section C, line 19Financial statements are publicly disclosed through the North Dakota University System. Governing policy and COI documents are not publicly distributed unless requested. Per the Foundation relationship agreement with the University of North Dakota, portions of these would be publicly available.
Form 990, Part IX, line 11gConsulting Fees: Program service expenses 0. Management and general expenses 82,195. Fundraising expenses 0. Total expenses 82,195.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Fdtn Holding Agrebon LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line115 N 23rd St Stop 9017AddressLine1Txt
CityGrand ForksCityNm
State AbbreviationNDStateAbbreviationCd
ZIP582029017ZIPCd
FieldValueIRS element (for citing)
EIN383915003EIN
Primary ActivitiesHolding CompanyPrimaryActivitiesTxt
Legal Domicile StateNDLegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$114EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1EERC FoundationBusinessNameLine1Txt

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