OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION (EIN 83-0757695)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-17
IRS object ID: 202503219349313660
Schema version: 2024v5.2
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
Form 990
Schedule B
Schedule D
Schedule F
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-17T13:46:50-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	911194016	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLARK NUBER PS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	555 110TH AVE NE SUITE 700	AddressLine1Txt
City	BELLEVUE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98004	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	830757695	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	OCEANOGRAPHIC RESEARCH & EXPLORATION	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	OCEA	BusinessNameControlTxt
Phone	2032915000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	CO DFO ONE GLENDINNING PLACE 100	AddressLine1Txt
City	WESTPORT	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06880	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JANINE RACANELLI	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2032915000	PhoneNum
Signature	2025-11-17	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MEGAN R RYAN	PreparerPersonNm
PTIN	P00737884	PTIN
Phone	4254544919	PhoneNum
Preparation	2025-11-17	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	OCEANX	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	JANINE RACANELLI	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O DFO ONE GLENDINNING PLACE 100	AddressLine1Txt
City	WESTPORT	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06880	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$33,475,838	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.OCEANX.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2018	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	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) 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 PURPOSES DIRECTLY OR IN CONJUNCTION WITH OTHER ORGANIZATIONS, ENTITIES OR PARTNERS.	ActivityOrMissionDesc
Voting Members Governing Body	2	VotingMembersGoverningBodyCnt
Voting Members Independent	2	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	4	TotalVolunteersCnt
Total Gross UBI	$20,946	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$20,086,326	PYContributionsGrantsAmt
CY Contributions Grants	$27,432,225	CYContributionsGrantsAmt
PY Program Service Revenue	$9,131,388	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,202,475	CYProgramServiceRevenueAmt
PY Investment Income	$1,500,112	PYInvestmentIncomeAmt
CY Investment Income	$1,661,406	CYInvestmentIncomeAmt
PY Other Revenue	$339,264	PYOtherRevenueAmt
CY Other Revenue	$179,732	CYOtherRevenueAmt
PY Total Revenue	$31,057,090	PYTotalRevenueAmt
CY Total Revenue	$33,475,838	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$2,592,290	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$38,267,548	PYOtherExpensesAmt
CY Other Expenses	$41,738,354	CYOtherExpensesAmt
PY Total Expenses	$38,267,548	PYTotalExpensesAmt
CY Total Expenses	$44,330,644	CYTotalExpensesAmt
PY Revenues Less Expenses	-$7,210,458	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$10,854,806	CYRevenuesLessExpensesAmt
Total Assets BOY	$191,404,347	TotalAssetsBOYAmt
Total Assets EOY	$180,479,783	TotalAssetsEOYAmt
Total Liabilities BOY	$131,985	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$62,227	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$191,272,362	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$180,417,556	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	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) 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 PURPOSES DIRECTLY OR IN CONJUNCTION WITH OTHER ORGANIZATIONS, ENTITIES OR PARTNERS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$34,006,367	ExpenseAmt
Grant	$425,000	GrantAmt
Revenue	$1,350,000	RevenueAmt
Desc	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 ORGANIZATIONS 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.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$9,253,540	ExpenseAmt
Grant	$2,167,290	GrantAmt
Revenue	$2,893,261	RevenueAmt
Desc	ENGAGE IN AND SUPPORT SCIENTIFIC 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 COMMUNITIES THAT DEPEND ON THE OCEAN FOR THEIR SUSTAINABILITY.REFER TO SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$43,259,907	TotalProgramServiceExpensesAmt
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	Yes (1)	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	61	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	2	GoverningBodyVotingMembersCnt
Independent Voting Member	2	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	LISA SAFIAN	PersonNm
Phone	2032915000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O DFO ONE GLENDINNING PLACE STE	AddressLine1Txt
City	WESTPORT	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06880	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
MARK DALIO
DIRECTOR, SECRETARY & TREASURER	1.00	4.00	Yes (X)	Yes (X)	$0	$0	$0
MATTHEW DALIO
DIRECTOR	1.00	4.50	Yes (X)		$0	$0	$0
JANINE RACANELLI
DIRECTOR EX OFFICIO, PRESIDENT	1.00	2.50		Yes (X)	$0	$0	$0
GRETCHEN WAGNER
ASSISTANT SECRETARY	1.00	3.50		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	Yes (1)	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt	CityContractorAddress/ForeignAddress/CityNm	CountryContractorAddress/ForeignAddress/CountryCd	Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd
EQUIOM
ONE THE ESPLANADE 3RD FL	ST HELIER	JE	JE2 3QA	MARINE CREW SERVICES	$8,302,266
MARINO MANAGEMENT LLC
				BACK OFFICE, VESSEL MGMT., PHIL. SVCS.	$5,275,760	25 FORD ROAD	WESTPORT	CT	06880
DAMEN
ADMIRAAL DE RUYTERSTRAAT 24	SCHIEDAM	NL	3115 HB	VESSEL REFIT SERVICES	$5,000,000
PT MENARA CAHAYA MERCUSUAR
JL BY PASS SANUR NO 149 KOMPLEK	SANUR DENPASAR	ID	80228	YACHT SUPPORT SERVICES	$1,009,437
PRECISION LLC
				HELO MANAGEMENT SERVICES	$996,080	3800 NE THREE MILE LANE	MCMINNVILLE	OR	97128

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	27	CntrctRcvdGreaterThan100KCnt
Related Organizations	$26,432,225	RelatedOrganizationsAmt
All Other Contributions	$1,000,000	AllOtherContributionsAmt
Total Contributions	$27,432,225	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SOC WELFARE PRODUCTION	900099	$2,852,475	$2,852,475
SOCIAL WELFARE CHARTER	900099	$1,350,000	$1,350,000

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,202,475	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,661,406	TotalRevenueColumnAmt
Exclusion	$1,661,406	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$40,786	TotalRevenueColumnAmt
Related Or Exempt Func Income	$40,786	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
SCIENTIFIC SUMMIT	900099	$118,000	$118,000
ADVERTISING REVENUE	516210	$20,946		$20,946

Field	Value	IRS element (for citing)
Other Revenue Total	$138,946	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$33,475,838	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,243,261	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$20,946	UnrelatedBusinessRevenueAmt
Exclusion	$1,779,406	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$2,592,290	TotalAmt
Program Services	$2,592,290	ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$762,333	TotalAmt
Management And General	$762,333	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$294,977	TotalAmt
Program Services	$294,977	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$206,029	TotalAmt
Program Services	$21,062	ProgramServicesAmt
Management And General	$184,967	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$16,038,591	TotalAmt
Program Services	$16,038,591	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$448,704	TotalAmt
Program Services	$448,704	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$382,341	TotalAmt
Program Services	$324,990	ProgramServicesAmt
Management And General	$57,351	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,686,129	TotalAmt
Program Services	$1,686,129	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$208,534	TotalAmt
Program Services	$177,254	ProgramServicesAmt
Management And General	$31,280	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$877,708	TotalAmt
Program Services	$877,708	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$11,855,618	TotalAmt
Program Services	$11,855,618	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,156,939	TotalAmt
Program Services	$1,129,886	ProgramServicesAmt
Management And General	$27,053	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
VESSEL FUEL & MAINT.	$4,717,860	$4,717,860
VESSEL MEALS & TRAVEL	$1,379,756	$1,379,756
MEDIA PRODUCTION	$451,300	$451,300
EQUIPMENT	$293,952	$293,952

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$977,583	TotalAmt
Program Services	$969,830	ProgramServicesAmt
Management And General	$7,753	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$44,330,644	TotalAmt
Program Services	$43,259,907	ProgramServicesAmt
Management And General	$1,070,737	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$45,401	BOYAmt
EOY	$84,055	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$33,985,731	BOYAmt
EOY	$27,572,153	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$199,023,848	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$46,893,893	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$157,079,030	BOYAmt
EOY	$152,129,955	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,196	BOYAmt
EOY	$65,209	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$288,989	BOYAmt
EOY	$628,411	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$191,404,347	BOYAmt
EOY	$180,479,783	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$131,985	BOYAmt
EOY	$62,227	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$131,985	BOYAmt
EOY	$62,227	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$191,272,362	BOYAmt
EOY	$180,417,556	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$191,272,362	BOYAmt
EOY	$180,417,556	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$191,404,347	BOYAmt
EOY	$180,479,783	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$10,854,806	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$493,828	OtherCostOrOtherBasisAmt
Depreciation	$112,629	DepreciationAmt
Book Value	$381,199	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$22,643,545	OtherCostOrOtherBasisAmt
Depreciation	$5,595,599	DepreciationAmt
Book Value	$17,047,946	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$175,886,475	OtherCostOrOtherBasisAmt
Depreciation	$41,185,665	DepreciationAmt
Book Value	$134,700,810	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$152,129,955	TotalBookValueLandBuildingsAmt

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
SUB-SAHARAN AFRICA	18	PROGRAM SERVICES	MULTI-DISCIPLINARY SCIENTIFIC AND MEDIA EXPEDITION	$5,096,148
EAST ASIA AND THE PACIFIC	12	PROGRAM SERVICES	PROGRAMMING FOCUSED ON ENHANCING PUBLIC AWARENESS AND OCEAN CONSERVATION	$9,080,409
EAST ASIA AND THE PACIFIC	16	PROGRAM SERVICES	YOUNG EXPLORERS PROGRAM	$1,111,887
EAST ASIA AND THE PACIFIC	18	PROGRAM SERVICES	MULTI-DISCIPLINARY SCIENTIFIC AND MEDIA EXPEDITION	$18,531,447
EAST ASIA AND THE PACIFIC	0	GRANTS TO RECIPIENTS LOCATED IN THE REGION	N/A	$2,592,290

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	64	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	64	TotalEmployeeCnt
Subtotal Spent	$36,412,181	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$36,412,181	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxt	Purpose Of GrantPurposeOfGrantTxt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt	Non Cash AssistanceNonCashAssistanceAmt	Description Of Non Cash AsstDescriptionOfNonCashAsstTxt	Valuation Method UsedValuationMethodUsedDesc
EAST ASIA AND THE PACIFIC	TO SUPPORT GENERAL OPERATIONS	$500,000	WIRE	$0
EAST ASIA AND THE PACIFIC	TO SUPPORT GENERAL OPERATIONS	$0		$2,092,290	MARINE ASSETS, MEDIA EQUIPMENT, EXPENSES PAID ON BEHALF OF GRANTEE.	COST

Field	Value	IRS element (for citing)
Total501c3 Org	2	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	0	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION ACTIVELY MONITORS GRANTEES TO ENSURE THAT GRANT FUNDS ARE USED BY GRANTEE FOR SOCIAL WELFARE PURPOSES, CONSISTENT WITH GRANT AGREEMENT TERMS. MOST GRANTS REQUIRE REGULAR FINANCIAL AND NARRATIVE REPORTING, WHICH IS REVIEWED BY INTERNAL STAFF. GRANTS ARE LIMITED TO SOCIAL WELFARE PURPOSES, TYPICALLY THROUGH GRANT AGREEMENTS, WHERE THE USE OF FUNDS IS EXPRESSLY LIMITED TO 501(C)(4) PURPOSES AND FUNDS MUST BE RETURNED IF THEY ARE USED FOR OTHER PURPOSES.
PART I, LINE 3:	THE MODIFIED CASH METHOD IS USED TO ACCOUNT FOR EXPENDITURES.
SCHEDULE F, PART I, LINE 3:	THE VESSEL MOVED THROUGHOUT SUB-SAHARAN AFRICA, EAST ASIA AND THE PACIFIC DURING 2024. 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).

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE J, SUPPLEMENTAL DISCLOSURE:	FormAndLineReferenceDesc
Explanation	ALTHOUGH MARK DALIO RECEIVES NO COMPENSATION FOR HIS ROLES AS DIRECTOR, SECRETARY & TREASURER, HE DID RECEIVE COMPENSATION IN 2024 ($323,855) FROM MARINO MANAGEMENT, AN UNRELATED ORGANIZATION, FOR OTHER SERVICES PROVIDED TO MARINO MANAGEMENT.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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: OCEANXPLORERS SERIES: THE OCEANXPLORERS 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. THE SERIES AIMS TO ENGAGE AUDIENCES GLOBALLY ON THE IMPORTANCE OF UNDERSTANDING, APPRECIATING, AND PROTECTING THE OCEANS. ANCILLARY EDUCATIONAL PROGRAMING BROUGHT TO LIFE THE OCEANXPERIENCE MUSEUM EXHIBIT, AN INTERACTIVE AND IMMERSIVE REPLICA OF THE R/V OCEANXPLORER FOR PEOPLE OF ALL AGES. 2024 YEP V & YEP VI: THE YOUNG EXPLORER'S PROGRAM (YEP) IS AN EDUCATIONAL PROGRAM INTENDED TO EXPOSE STUDENTS WITH AN INTEREST IN THE OCEANS TO SCIENTIFIC EXPLORATION, SCIENCE COMMUNICATIONS AND VESSEL OPERATIONS. WE HOSTED TWO YEP PROGRAMS THAT INCLUDED STUDENTS AND EDUCATORS FROM AROUND THE WORLD. 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. 2024 RESEARCH AND SCIENTIFIC MISSIONS IN INDONESIA, SEYCHELLES, AND MALAYSIA: DURING THE 2024 YEAR, OCEANX CONDUCTED COMPREHENSIVE MISSIONS IN INDONESIA, SEYCHELLES, AND MALAYSIA, FOCUSING ON MARINE RESEARCH AND CONSERVATION, AND EVALUATING MARINE ECOLOGY AND COASTAL ECOSYSTEMS. THE MISSIONS INVOLVED HIGH-RESOLUTION MAPPING OF THE SEAFLOOR, CONDUCTING WATER QUALITY ANALYSES, DEPLOYING VARIOUS UNDERWATER VEHICLES FOR BIOLOGICAL SURVEYS, AND EVALUATING MARINE ECOLOGY AND COASTAL ECOSYSTEM FUNCTIONS. MISSIONS WERE CONDUCTED IN COLLABORATION WITH LOCAL UNIVERSITY AND NON-PROFIT PARTNERS AND EMPLOYED A MULTIDISCIPLINARY APPROACH, COMBINING BIOLOGICAL, GEOLOGICAL, GEOPHYSICAL, AND OCEANOGRAPHIC STUDIES, TO CONTRIBUTE TO UNDERSTANDING AND CONSERVATION OF OCEANOGRAPHIC PROCESSES, MARINE LIFE, AND RESOURCES. 2024 EDUCATIONAL AND PUBLIC PROGRAMMING IN SINGAPORE AND PHILIPPINES: DURING THE YEAR, OCEANX CARRIED OUT A NUMBER OF HIGH-IMPACT EDUCATIONAL EVENTS AND PROGRAMS IN SINGAPORE AND THE PHILIPPINES AIMED AT HIGHLIGHTING THE IMPORTANCE OF OCEAN CONSERVATION AND OCEANX'S MISSION TO UNDERSTAND AND PROTECT THE OCEANS IN SE ASIA AND ENGAGAGING STUDENTS AND EDUCATORS TO INSPIRE INTEREST IN OCEAN SCIENCE. EDUCATION PROGRAMMING WITH OCEANX EDUCATION: THROUGHOUT 2024, OCEANX ACTIVELY ENGAGED STUDENTS AND EDUCATORS THROUGH VARIOUS EDUCATIONAL PROGRAMS. THESE INITIATIVES INCLUDED PORTSIDE PROGRAMS IN MULTIPLE LOCATIONS, DIGITAL CLASSROOM LIVESTREAMS, AND THE DEVELOPMENT OF OCEAN CURRICULUM PACKAGES. ADDITIONALLY, OCEANX HAS BEEN WORKING ON IMMERSIVE EXHIBITS AND INSTALLATIONS TO ENHANCE PUBLIC ENGAGEMENT. THESE EFFORTS AIM TO INSPIRE INTEREST IN OCEAN SCIENCE AND CONSERVATION AMONG STUDENTS AND THE GENERAL PUBLIC. EXAMPLES INCLUDES OCEANX'S SUCCESSFUL CLASSROOM LIVESTREAMS FOR SINGAPORE SCHOOLS AND DEVELOPMENT OF IMMERSIVE VR AND AR EXPERIENCES, SUCH AS THE "DIVE AND DISCOVER: SEYCHELLES" GAME, TO PROVIDE INTERACTIVE OCEAN EDUCATION.
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	JANINE RACANELLI (PRESIDENT) AND GRETCHEN WAGNER (ASSISTANT SECRETARY), ALONG WITH DESIGNATED TAX ADVISORS, WILL REVIEW AND APPROVE THE FORM 990 TAX RETURN BEFORE IT IS FILED.
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 8,481,803. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,481,803. MARINE EQUIPMENT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 855,796. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 855,796. CONSULTING: PROGRAM SERVICE EXPENSES 2,116,877. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,116,877. OTHER MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 4,319,885. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,319,885. ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 264,230. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 264,230.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
OCEANX MEDIA LLC
C/O DFO ONE GLENDINNING PLACE STE 1	WESTPORT	CT	06880	463217276	NONPROFIT MEDIA COMPANY	NY	$3,077,668	$5,781,073	OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION
GREENWICH MARITIME SERVICES LLC
C/O DFO ONE GLENDINNING PLACE STE 1	WESTPORT	CT	06880	981710991	HOLDING COMPANY FOR SCIENCE AND MEDIA VESSEL		$859,914	$153,142,219	OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION	CJ
MARINE 1 LLC
C/O DFO ONE GLENDINNING PLACE STE 1	WESTPORT	CT	06880	843004874	HOLDING COMPANY FOR A HELICOPTER	CT	$17,188	$1,321,946	GREENWICH MARITIME SERVICES LTD

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
CHINA CARE FOUNDATION
C/O DFO ONE GLENDINNING PLACE STE 1	WESTPORT	CT	06880	311732062	GRANTMAKING	CT	501(C)(3)	PF	DALIO FAMILY FUND INC	Yes (1)
DALIO FAMILY FUND INC (& SUBSIDIARIES OR CONTROLLED ENTITIES)
1 GLENDINNING PL STE 100	WESTPORT	CT	06880	831575536	SOCIAL WELFARE	DE	501(C)(4)	N/A	DALIO FOUNDATION INC	Yes (1)
DALIO FOUNDATION (SINGAPORE) LTD
				981768331	PHILANTHROPY		501(C)(4)	N/A	DALIO FAMILY FUND INC	Yes (1)	140 ROBINSON ROAD 16-08 TAHIR BUIL	SINGAPORE	SN	068907	SN
DALIO FOUNDATION INC
C/O DFO ONE GLENDINNING PLACE STE 1	WESTPORT	CT	06880	431965846	GRANTMAKING	CT	501(C)(3)	PF	DALIO FAMILY FUND INC	0
ENDLESS NETWORK INC (& SUBSIDIARIES OR CONTROLLED ENTITIES)
1 GLENDINNING PL STE 100	WESTPORT	CT	06880	371967864	TECH OPPORTUNITY & ACCESS	DE	501(C)(4)	N/A	DALIO FAMILY FUND INC	Yes (1)
OCEANX EDUCATION INC
C/O DFO ONE GLENDINNING PLACE STE 1	WESTPORT	CT	06880	991603704	OCEAN CONSERVATION EDUCATION	DE	501(C)(3)	LINE 7	OCEANOGRAPHIC RESEARCH & EXPLORATION FDN	Yes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Direct Controlling NADirectControllingNACd	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Legal Domicile StateLegalDomicileStateCd
MP TRUST (AND ITS SUBSIDIARIES OR CONTROLLED ENTITIES)
140 ROBINSON ROAD 16-08 TAHIR BUIL	SINGAPORE	SN	068907	PHILANTHROPIC SUPPORT	JE	N/A	T	0
OX SG MEMBER CORP (& SUBSIDIARIES OR CONTROLLED ENTITIES)
				PHILANTHROPIC SUPPORT		N/A	C	0	1 GLENDINNING PL STE 100	WESTPORT	CT	06880	993916695	DE

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
DALIO FAMILY FUND INC
C	$26,432,225	BOOK VALUE
OCEANX EDUCATION INC
B	$2,092,290	FAIR MARKET VALUE