2020-11-16T13:58:16-06:00 2019-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST SUITE 1400 BELLEVUE WA 98004 990 2019-01-01 830757695 OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION OCEA 2032915000 ONE GLENDINNING PLACE WESTPORT CT 06880 JANINE RACANELLI PRESIDENT 2032915000 2020-11-16 1 JENNIFER BECKER HARRIS P00183358 4254544919 2020-11-11 65.158.230.194 2020-11-16 13:20:05 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F99AB5A512580D440B24E44CAE4FB2B3082BAEDC 2019 2022-01-07 14:23:13Z JANINE RACANELLI ONE GLENDINNING PLACE WESTPORT CT 06880 211468949 0 X N/A X 2018 DE OREF IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE. IN FURTHERANCE OF SUCH PURPOSE, 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. 4 4 0 5 0 0 0 209010000 410000 792012 699 1442862 0 224075 410699 211468949 0 0 0 0 0 270031 0 0 0 342580 2079982 342580 2350013 68119 209118936 68119 211914916 0 70373 68119 211844543 X OREF IS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE. IN FURTHERANCE OF SUCH PURPOSE, 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 512421 270329 CONDUCT RESEARCH AND EXPLORATION 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 ORGANIZATIONS TO FURTHER SCIENTIFIC EXPLORATION OF THE OCEANS AND THEIR PROTECTION. THROUGH THESE COLLABORATIONS, OREF HAS AND WILL CONTINUE WORK TO SCIENTIFICALLY EXPLORE THE OCEANS AND TO CREATE ENGAGING MEDIA IN MULTIPLE FORMATS AND ACROSS MULTIPLE CHANNELS TO ENGAGE PEOPLE GLOBALLY AND EDUCATE THEM ON THE IMPORTANCE OF PROTECTING THE OCEANS. 512421 270329 EDUCATION AND ENGAGEMENT: ENGAGE IN AND SUPPORT EDUCATIONAL EFFORTS ON BEHALF OF OCEAN SCIENCE, PROTECTION, EXPLORATION AND STEWARDSHIP.ENGAGING AND EDUCATING AUDIENCES GLOBALLY ABOUT THE IMPORTANCE OF THE OCEANS AND THEIR PROTECTION, FOR THE BENEFIT OF PEOPLE GLOBALLY INCLUDING MARGINALIZED COMMUNITIES THAT DEPEND ON THE OCEANS FOR THEIR SUSTAINABILITY. 735054 270329 RESEARCH INITIATIVE: REFER TO SCHEDULE O FOR PROGRAM DETAILS. 1759896 0 1 0 0 0 0 0 0 0 1 0 0 0 1 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 0 0 1 46 0 0 0 0 0 0 0 0 0 0 X 4 4 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 JANINE RACANELLI DIRECTOR, PRESIDENT 0.50 1.60 X X 0 0 0 MARK DALIO DIRECTOR, SECRETARY, TREASURER 2.00 0.00 X X 0 0 0 DEVON DALIO DIRECTOR 0.50 0.60 X 0 0 0 MATTHEW DALIO DIRECTOR 0.50 0.50 X 0 0 0 MARTHA LEIGHTON ASSISTANT TREASURER 0.50 0.00 X 0 0 0 0 0 0 0 0 0 0 MARINO MANAGEMENT 25 FORD ROAD WESTPORT CT 06880 MANAGEMENT SERVICES 964774 CHRISTINA FALLAH DESIGNS LIMITED 1-2 MEADE MEWS LONDON SWP UK 4EG SHIP DESIGN SERVICES 244527 DREW PATRICK LAW PLLC 45 MAIN STREET SUITE 1030 BROOKLYN NY 11201 LEGAL SERVICES 230844 PRECISION LLC 3800 NE THREE MILE LANE MCMINNVILLE OR 97128 HELO MANAGEMENT SERVICES 204780 ALLEY MAASS ROGERS & LINDSAY PA 340 ROYAL POINCIANA WAY SUITE 321 PALM BEACH FL 33480 MARINE LEGAL SERVICES 141320 8 209010000 187000000 209010000 TICKETS & LICENSES 900099 792012 792012 792012 1442862 1442862 375 375 18600 0 18600 18600 18600 REIMBURSEMENTS 900099 205100 205100 205100 211468949 810987 0 1647962 X 237416 237416 31117 31117 1498 1498 560396 157410 402986 394834 357820 37014 17534 10520 7014 271943 271943 157178 157178 40930 24583 16347 46632 29137 17495 180506 108304 72202 62240 62240 2563 2563 52648 52648 54247 17467 36780 MEDIA PRODUCTION 226435 226435 MEDIA EQUIPMENT RENTAL 8708 8708 OTHER MEDIA & FILM EXP 1737 1737 COMMUNICATIONS 600 600 851 572 279 2350013 1759896 590117 0 89159 68119 102078909 108238235 178501 0 108059734 0 1687114 68119 211914916 0 70373 0 70373 X 0 0 0 0 68119 211844543 68119 211844543 68119 211914916 209118936 2657488 0 X X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 493828 46262 447566 4116698 132239 3984459 103627709 103627709 108059734 CREDIT CARD LIABILITIES 70373 70373 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES SHIP DESIGN SERVICES 244527 0 1 0 0 0 1 244527 0 244527 1 0 0 0 0 0 PART III ACCOUNTING METHOD: X 4 187000000 THIRD PARTY VALUATION 0 0 0 0 PART I, COLUMN (B): THE AMOUNT REPORTED ON SCHEDULE M, PART I, COLUMN (B) IS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART 1, LINE 6 THE FOUNDATION HAS FOUR VOLUNTEER BOARD MEMBERS AND A VOLUNTEER ASSISTANT TREASURER. FORM 990, PART III, LINE 4 THE FOLLOWING RESEARCH INITIATIVE PROJECTS ALSO SPAN OREF'S MEDIA AND EDUCATION & ENGAGEMENT INITIATIVES: THE BLUE PLANET (THE GIANT SCREEN): AN EDUCATIONAL NATURE DOCUMENTARY GIANT-SCREEN FILM PRODUCED BY BBC EARTH, GIANT SCREEN FILMS AND OCEANX MEDIA THAT TAKES AUDIENCES ON A GLOBAL EXPLORATION OF THE SEA TO DISCOVER THE LARGEST AND LEAST EXPLORED HABITAT ON EARTH. USING NEW SCIENCE AND TECHNOLOGY, THE FILM HIGHLIGHTS SCIENTIFIC RESEARCH OF THE OCEANS, AND ADVOCATES FOR THE PROTECTION OF THE OCEANS, THEIR CREATURES AND THE PEOPLE WHO DEPEND ON THEM. THE FILM CAN BE SEEN IN THEATRES, SCIENCE CENTERS AND MUSEUMS GLOBALLY, AND HAS SCREENED IN OVER 40 PLACES AROUND THE WORLD SINCE ITS RELEASE. ONE BIG WAVE: THE ONE BIG WAVE IS AN INITIATIVE OF THE ORGANIZATION, LAUNCHED IN 2018, THAT AIMS TO BRING TOGETHER PHILANTHROPIC AND OTHER ORGANIZATIONS TO COLLABORATE ON THE SCIENTIFIC EXPLORATION, DOCUMENTATION, ADVOCACY, PROTECTION AND STEWARDSHIP OF THE OCEANS. INITIAL ACTIVITIES OF THE ONE BIG WAVE COLLABORATIVE IN 2018 HAVE INVOLVED EXPLORATION OF THE NORTHEAST CANYONS AND SEAMOUNTS MARINE NATIONAL MONUMENT OFF OF THE COAST OF NEW ENGLAND ("NATIONAL MARINE MONUMENTS", THE ONLY U.S. NATIONAL MARINE MONUMENT. OREF AND ITS PARTNERS SHARED THAT DOCUMENTATION WITH WORLD LEADERS, NGOS AND OTHERS IN SUPPORT OF A GREATER UNDERSTANDING AND PROTECTION OF THE OCEANS, INCLUDING THIS NATIONAL MARINE MONUMENT. TELEVISION SERIES: OREF IS COLLABORATING WITH SCIENTIFIC AND MEDIA ORGANIZATIONS TO CREATE A SIX-EPISODE SERIES WITH ANCILLARY EDUCATIONAL AND OTHER OUTREACH ACTIVITIES FOCUSED ON THE SCIENTIFIC EXPLORATION OF THE OCEAN AND THE SCIENTISTS WHO ENGAGE ON SUCH EXPLORATION, WITH THE AIM OF ENGAGING AUDIENCES GLOBALLY ON THE IMPORTANCE OF UNDERSTANDING AND PROTECTING THE OCEANS. THIS ALIGNS WITH THE ORGANIZATION'S MISSION OF DOCUMENTING AND EXPLORING THE OCEANS WITH COMPELLING EDUCATIONAL NARRATIVES THAT ENCOURAGE AND INSPIRE PEOPLE TO SEEK A GREATER UNDERSTANDING OF THE OCEANS AND TO PROTECT THEM, AND THE GLOBAL COMMUNITIES THAT RELY ON THEM FOR THEIR SUSTENANCE. OCEANX MEDIA: OCEANX MEDIA IS THE NONPROFIT MEDIA ARM OF THE ORGANIZATION THAT COLLABORATES WITH LEADING SCIENTIFIC, MEDIA AND EDUCATION ORGANIZATIONS TO CREATE, PRODUCE AND DISTRIBUTE EDUCATIONAL MEDIA FOCUSING ON SCIENTIFIC RESEARCH AND EXPLORATION OF THE EARTH'S OCEANS WITH THE AIM OF ENGAGING GLOBAL AUDIENCES ON THE IMPORTANCE OF OCEAN EXPLORATION AND PROTECTION. OREF ACQUIRED OCEANX MEDIA IN 2019. NATIONAL MONUMENTS MISSION: SCIENTIFIC EXPEDITION THAT ENABLED THE EXPLORATION AND SCIENTIFIC RESEARCH OF THE NORTHEAST CANYONS AND SEAMOUNTS MARINE NATIONAL MONUMENT OCEAN CANYONS OFF OF THE COAST OF NEW ENGLAND ("NATIONAL MARINE MONUMENTS"), DEVELOPMENT OF MEDIA DOCUMENTING THIS EXPLORATION AND ASSOCIATED RESEARCH THAT ADVANCES PUBLIC UNDERSTANDING OF THE NATIONAL MARINE MONUMENTS, AND DISTRIBUTION OF SOCIAL MEDIA AIMED AT ENGAGING AND EDUCATING THE PUBLIC ABOUT THE IMPORTANCE OF OCEAN EXPLORATION AND RESEARCH. THIS MISSION BEGAN IN 2018 AND CONTINUED INTO 2019. OCEANXPLORER: A WORLD CLASS SCIENTIFIC RESEARCH VESSEL AND PACKAGE OF EQUIPMENT THAT ENABLES THE EXPLORATION, SCIENTIFIC RESEARCH AND DOCUMENTATION OF THE OCEANS. OREF ACQUIRED THE OCEANXPLORER VESSEL THROUGH A DONATION OF GMS LIMITED, A FOREIGN DISREGARDED ENTITY. THE VESSEL WAS REFITTED IN ROTTERDAM AND IS EXPECTED TO BE PLACED IN SERVICE IN NOVEMBER 2020. THE SHIP WAS BUILT TO ENABLE SCIENTIFIC RESEARCH INTO HERETOFORE UNEXPLORED AREAS OF THE OCEANS, TO DOCUMENT THAT EXPLORATION AND THE SCIENTIFIC DISCOVERIES FROM SUCH EXPLORATION AND TO DISTRIBUTE EDUCATIONAL MEDIA AND OTHER DOCUMENTATION AIMED AT INSPIRING POPULATIONS GLOBALLY TO BETTER UNDERSTAND AND PROTECT THE OCEANS. FORM 990, PART VI, SECTION A, LINE 2 MARK DALIO, MATTHEW DALIO, AND DEVON DALIO HAVE A FAMILY 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 JANINE RACANELLI (PRESIDENT / DIRECTOR) ALONG WITH DESIGNATED TAX ADVISOR WILL REVIEW AND APPROVE THE FORM 990 TAX RETURN BEFORE IT IS FILED. OTHER DIRECTORS WILL REVIEW THE FORM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C 1. COVERED PERSONS ARE OFFICERS, DIRECTORS AND KEY STAFF OF OREF. 2. CONFLICT OF INTEREST DISCLOSURES ARE MADE VIA AN ANNUAL DISCLOSURE STATEMENT THAT DIRECTORS ARE REQUIRED TO REVIEW AND SIGN. 3. UPON A COVERED PERSON'S DISCLOSURE OF AN INTEREST IN A TRANSACTION, THE BOARD, 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 DIRECTORS, OR, IF THERE ARE NO DISINTERESTED DIRECTORS, BY UNANIMOUS VOTE OF THE DIRECTORS. 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 DIRECTORS, 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 DIRECTOR OF OREF, WILL ABSTAIN FROM VOTING ON THE TRANSACTION EXCEPT INSOFAR AS THE POLICY REQUIRES A UNANIMOUS VOTE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 223,746. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 223,746. ADMINISTRATIVE COSTS: PROGRAM SERVICE EXPENSES 45,972. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,972. GLOBAL RISK & INVESTIGATIVE DILIGENCE : PROGRAM SERVICE EXPENSES 2,225. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,225. FORM 990, PART XII, LINE 1 THE ORGANIZATION USE THE CASH METHOD OF ACCOUNTING IN 2018. IN 2019, THE ORGANIZATION CAPITALIZED FIXED ASSETS, THUS CONVERTING TO A MODIFIED CASH METHOD OF ACCOUNTING. THE CHANGE IN ACCOUNTING METHOD DID NOT CREATE A CODE SEC. 481 ADJUSTMENT OR OTHERWISE AFFECT PRIOR YEAR NET INCOME. OCEANX MEDIA LLC ONE GLENDINNING PLACE WESTPORT CT 06880 463217276 NONPROFIT MEDIA COMPANY NY 832642 2178026 OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION GREENWICH MARITIME SERVICES LTD ONE GLENDINNING PLACE WESTPORT CT 06880 981070262 HOLDING COMPANY FOR SCIENCE AND MEDIA VESSEL CJ 1126439 188048772 OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION MARINE 1 LLC ONE GLENDINNING PLACE WESTPORT CT 06880 843004874 HOLDING COMPANY FOR A HELICOPTER CT 1518 4078674 GREENWICH MARITIME SERVICES LTD DALIO FAMILY FUND ONE GLENDINNING PLACE WESTPORT DE 06880 831575536 SOCIAL WELFARE DE 501(C)(4) N/A 0 LOOKOUT TRUST ONE GLENDINNING PLACE WESTPORT CT 06880 836462138 SOCIAL WELFARE CT 501(C)(4) OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0