2023-08-22T15:38:45-05:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 943370994 NATIONAL MARINE SANCTUARY FOUNDATION NATI 3016083040 8455 COLESVILLE ROAD 1275 SILVER SPRING MD 20910 VERONICA ALI VICE PRESIDENT OF FINANCE 3016083040 2023-08-22 1 VERONICA ALI 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALLISON ALEXANDER 8455 COLESVILLE ROAD 1275 SILVER SPRING MD 20910 16485872 0 X WWW.MARINESANCTUARY.ORG X 2000 MI SEE PART III, LINE 1. 15 15 83 20 0 0 11737356 15356781 134214 176757 136473 428687 4718 -8671 12012761 15953554 2119114 4414440 0 0 5038893 5755888 0 41571 684613 4517010 6471606 11675017 16683505 337744 -729951 12239682 10308887 4209867 4468272 8029815 5840615 X THE NATIONAL MARINE SANCTUARY FOUNDATION IS A LEADING VOICE FOR U.S. PROTECTED WATERS, WORKING WITH COMMUNITIES TO CONSERVE AND EXPAND THOSE SPECIAL PLACES FOR A HEALTHY OCEAN, COASTS, AND GREAT LAKES. WORKING TOGETHER, WE SAFEGUARD SPECIES AND THE PLACES THEY CALL HOME, AND PRESERVE AMERICA'S MARITIME RESOURCES. 0 0 3470956 2848233 OUR NATIONAL MARINE SANCTUARIES ARE HOTSPOTS FOR BIODIVERSITY. THEY ARE HOME TO ICONIC SPECIES LIKE MIGRATORY WHALES AND MAJESTIC SEA BIRDS, AND HABITATS LIKE MASSIVE CORAL REEFS AND TOWERING KELP FORESTS; AND, THEY PRESERVE OUR HISTORICAL AND CULTURAL REMAINS LIKE SHIPWRECKS, AIRCRAFT, AND ARTIFACTS THAT DEFINE OUR NATION'S MARITIME HISTORY. THE NATIONAL MARINE SANCTUARY FOUNDATION'S WORK AIDS IN THE CONSERVATION, RESTORATION, AND PROTECTION OF THESE SPECIAL PLACES.WORKING WITH INDIVIDUAL SANCTUARIES WITHIN THE NATIONAL MARINE SANCTUARY SYSTEM, THE FOUNDATION SUPPORTS LOCALLY IMPLEMENTED PROJECTS TO IMPROVE CONSERVATION AND MANAGEMENT OF OUR PROTECTED WATERS, ENGAGE SURROUNDING COMMUNITIES AND STAKEHOLDERS IN STEWARDSHIP OF SANCTUARIES, AND ENHANCES OUR SCIENTIFIC KNOWLEDGE OF OUR OCEAN, COASTS, AND GREAT LAKES. THE FOUNDATION SUPPORTS WHALE CONSERVATION AND RESEARCH, MARINE DEBRIS REMOVALS, AND HABITAT RESTORATION. NATIONAL MARINE SANCTUARIES AND MONUMENTS ARE IMPORTANT AREAS FOR FINDING SOLUTIONS TO HELP PREVENT ENTANGLEMENTS, RESCUE WHALES, AND REDUCE MORTALITY FROM SHIP STRIKES. THE FOUNDATION WORKS WITH ITS PARTNERS TO HOST DISENTANGLEMENT WORKSHOPS TO IMPROVE RESPONSE AND PREPAREDNESS TO RESCUE ENTANGLED WHALES, SUPPORTS RESEARCH TO IDENTIFY WHALE USE AREAS TO REDUCE CO-OCCURRENCE WITH FISHING ACTIVITY, VESSEL TRAFFIC AND OTHER THREATS, AND ACTIVELY TESTS AND SUPPORTS NEW GEAR INNOVATIONS THAT REDUCE THE RISK OF ENTANGLEMENTS. UNDERWATER MARINE DEBRIS CLEAN-UP IS AN EXPANDING PROGRAM FOR THE FOUNDATION. IN 2022, THE FOUNDATION AND ITS PARTNERS REMOVED 32,587 POUNDS OF DEBRIS UNDER THE GOAL: CLEAN SEAS PROGRAM IN THE FLORIDA KEYS AND CHANNEL ISLANDS (AS OF NOV. 2022). IN THE CHANNEL ISLANDS, THE FOUNDATION CONTINUED TO WORK WITH COMMERCIAL LOBSTER FISHERS, LOCAL NONPROFIT PARTNERS, AND THE CHANNEL ISLANDS NATIONAL MARINE SANCTUARY AND NATIONAL PARK SERVICE STAFF TO CONDUCT REMOTE SHORELINE CLEANUPS. THE FOUNDATION IS SUPPORTING COMMUNITY PARTNERS ON RESTORATION INITIATIVES ACROSS THE COUNTRY TO REVERSE THE DEGRADATION AFFECTING MANY KEY HABITATS INCLUDING CORAL RESTORATION IN FLORIDA AND THE U.S. VIRGIN ISLANDS, DEEPWATER AND MESOPHOTIC CORAL COMMUNITIES IN THE GULF OF MEXICO, AND SUBMERGED AQUATIC VEGETATION ALONG THE WEST COAST. 6214624 1158199 232814 THE NATIONAL MARINE SANCTUARY FOUNDATION CONNECTS PEOPLE TO THEIR SANCTUARIES AND IMPLEMENTS PUBLIC EDUCATION, OUTREACH, CONSERVATION, AND MARITIME HERITAGE PROJECTS THAT ENCOURAGE PEOPLE TO BECOME ENGAGED STEWARDS OF U.S. OCEAN, COASTS, AND GREAT LAKES WATERS. WE ENCOURAGE LOCAL STEWARDSHIP AND NATIONAL ENGAGEMENT THAT LEADS TO BIG DIFFERENCES FOR OUR OCEAN AND GREAT LAKES, INCLUDING PROMOTING SUSTAINABLE RECREATION AND TOURISM IN NATIONAL MARINE SANCTUARIES; ESTABLISHING LIFELONG CONNECTIONS TO NATIONAL MARINE SANCTUARIES AND MONUMENTS THROUGH EDUCATION AND PUBLIC AWARENESS; DEMONSTRATING HOW THE NATIONAL MARINE SANCTUARY SYSTEM SERVES AS A GLOBAL MODEL FOR MARINE PROTECTED AREA MANAGEMENT; AND ENGAGING PARTNERS AND THE PUBLIC IN CONSERVATION AND STEWARDSHIP OF MARINE PROTECTED AREAS.THE NATIONAL MARINE SANCTUARY FOUNDATION INVESTS IN PREPARING THE NEXT GENERATION OF CONSERVATIONISTS TO TACKLE THE CHALLENGES FACING OUR OCEAN AND GREAT LAKES. PROGRAMS REACH MORE THAN 1,000 K-12 EDUCATORS ANNUALLY; AND CONNECT SITES IN THE NATIONAL MARINE SANCTUARY SYSTEM TO SUSTAINABLE FISHERIES/SEAFOOD AND ENDANGERED/PROTECTED SPECIES. WE AIM TO CREATE AHA! MOMENTS THAT LEAD TO A LIFELONG PASSION FOR THE OCEAN AND GREAT LAKES BY PROVIDING STUDENTS, EDUCATORS, AND LIFELONG LEARNERS WITH OPPORTUNITIES TO EXPLORE AND DISCOVER CONNECTIONS TO THE NATURAL WORLD, NO MATTER WHERE THEY LIVE. OUR EDUCATION WORK INCLUDES IN- AND OUT-OF-CLASSROOM LEARNING EXPERIENCES, TEACHER TRAININGS, AND EDUCATIONAL EXHIBITS AT ZOOS AND AQUARIUMS ACROSS THE COUNTRY.THE FOUNDATION SUPPORTS STAFF, OPERATIONS, EXHIBITS, AND/OR PROGRAMS AT NINE VISITOR CENTER SITES IN EACH OF THE THREE REGIONS OF THE NATIONAL MARINE SANCTUARY SYSTEM. THE FOUNDATION WORKS CONTINUOUSLY WITH ITS PARTNERS AT NOAA AND OTHER ORGANIZATIONS FOR INNOVATIVE EXHIBITS, FACILITIES, AND PROGRAMS THAT ALLOW SANCTUARY VISITOR CENTERS TO BECOME VIBRANT HUBS CENTERING THE ROLE AND VALUE OF SANCTUARIES TO THEIR SURROUNDING COMMUNITIES. THE FOUNDATION ENGAGES A VARIETY OF STAKEHOLDER GROUPS, INCLUDING RECREATIONAL AND COMMERCIAL FISHERS, SEAFOOD SUPPLY CHAIN AND CONSUMERS, INTERNATIONAL STAKEHOLDERS, AND ENCOURAGING THOROUGH, INFORMED, SCIENCE-BASED DIALOGUE ON THE VALUE OF MARINE PROTECTED AREAS LIKE NATIONAL MARINE SANCTUARIES. THE FOUNDATION ALSO SUPPORTS PROJECTS THAT WORK CLOSELY WITH INDIGENOUS COMMUNITIES TO ADVANCE THE UNDERSTANDING AND USE OF INDIGENOUS KNOWLEDGE, ENCOURAGE BETTER PUBLIC UNDERSTANDING OF THE ROLE OF NATIVE PEOPLE IN OUR HISTORY WITH OUR WATERS, AND CELEBRATE THE CULTURES OF INDIGENOUS COMMUNITIES. THESE PROGRAMS SPAN THE ENTIRE NATIONAL MARINE SANCTUARY SYSTEM, WITH PARTICULAR FOCUS IN THE PACIFIC ISLANDS, OLYMPIC COAST, AND THE CENTRAL COAST OF CALIFORNIA.PROFESSIONAL DEVELOPMENT FOR FORMAL AND INFORMAL EDUCATORS IS A LARGE PART OF OUR EDUCATION PORTFOLIO, SINCE THE TRAIN-THE-TRAINER APPROACH ALLOWS EXPONENTIAL IMPACT, SINCE ONE EDUCATOR MIGHT BRING OCEAN SCIENCE LESSONS AND ACTIVITIES TO DOZENS OF STUDENTS. THE FOUNDATION SEEKS THROUGH GRANT PROGRAMS THAT SERVE TITLE I SCHOOLS AND COMMUNITIES UNDERREPRESENTED IN STEM FIELDS, TO INCREASE THE DIVERSITY AND ACCESSIBILITY OF OCEAN EXPLORATION, OCEAN LITERACY, AND GREAT LAKES EDUCATION, INCREASING STEWARDSHIP BUT ALSO INSPIRING THE FUTURE SCIENTIFIC WORKFORCE OF TOMORROW. THE FOUNDATION SUPPORTS NETWORKS OF EDUCATORS TO SHARE IDEAS, BEST PRACTICES, AND ACTIVITIES THAT ENGAGE STUDENTS IN THE POST-COVID CLASSROOM, THE FOUNDATION LOOKS OUTSIDE OF THE CLASSROOM AS WELL TO IMMERSIVE, HANDS-ON EDUCATION ACTIVITIES, IN SANCTUARIES AND THEIR WATERSHEDS.THE FOUNDATION SUPPORTS OCEAN GUARDIAN SCHOOLS, SCHOOLS THROUGHOUT THE U.S. IN 9 STATES AND 2 TERRITORIES, THAT MAKE A COMMITMENT TO THE PROTECTION AND CONSERVATION OF THE SCHOOL'S LOCAL WATERSHEDS, THE WORLD'S OCEAN, AND SPECIAL OCEAN AREAS LIKE NATIONAL MARINE SANCTUARIES, BY PROPOSING AND IMPLEMENTING A SCHOOL- OR COMMUNITY-BASED CONSERVATION PROJECT ALONG FIVE DISTINCT PROJECT PATHWAYS WITH MEASURABLE OUTCOMES THAT EXCEED 152 THOUSAND KILOGRAMS OF TRASH COLLECTED, 40,000 REUSABLE BAGS AND BOTTLES COLLECTED, AND NEARLY A MILLION SINGLE-USE PLASTIC BOTTLES NOT USED, SINCE ITS INCEPTION. PARTICIPATING STUDENTS ARE ADVOCATES AND AMBASSADORS, WITH PARENTS OBSERVING A 66% INCREASE IN THEIR CHILDREN SPEAKING UP FOR THE ENVIRONMENT TO FRIENDS, FAMILY, AND THEIR COMMUNITY.THE FOUNDATION ALSO CONDUCTS THE PREMIER OCEAN-FOCUSED CONFERENCE IN THE U.S., OFFERED BOTH IN-PERSON AND VIRTUAL IN 2022, CONVENING NEARLY 1,000 STAKEHOLDERS IN OCEAN AND GREAT LAKES MANAGEMENT AND CONSERVATION TO ADVANCE OCEAN POLICY INITIATIVES AND INCREASE INCLUSION FOR THE OCEAN CONSERVATION MOVEMENT AND MARINE SCIENCES. THE FOUNDATION ALSO HOSTS ITS ANNUAL BLUE BEACON SERIES WITH LOCALLY DRIVEN EVENTS TO SHED LIGHT ON PRESSING OCEAN ISSUES. 2680621 244178 THE NATIONAL MARINE SANCTUARY FOUNDATION FOSTERS A PUBLIC-PRIVATE PARTNERSHIP IN THE FLORIDA KEYS FOR THE MISSION: ICONIC REEFS INITIATIVE. MISSION: ICONIC REEFS BUILDS OFF OF DECADES OF PIONEERING RESTORATION EFFORTS PROVEN SUCCESSFUL IN THE FLORIDA KEYS INVOLVING GROWING AND TRANSPLANTING CORALS, SETTING THE STAGE FOR THIS LARGE-SCALE, MULTI-PHASED RESTORATION EFFORT AT SEVEN REEFS. THE FIRST PHASE FOCUSES ON RESTORING ELKHORN AND STAGHORN CORALS, FAST-GROWING SPECIES THAT HAVE NOT BEEN AFFECTED BY THE CURRENT OUTBREAK OF STONY CORAL TISSUE LOSS DISEASE. THE SECOND PHASE WILL FOCUS ON INCORPORATING RESILIENT CORALS OF OTHER SLOWER GROWING SPECIES AND INTRODUCING GRAZER SPECIES THAT CONTROL INVASIVE ALGAE THAT SMOTHER AND OUTCOMPETE CORAL. THE GOAL IS TO RESTORE DIVERSITY AND ECOLOGICAL FUNCTION TO THE REEFS BY RETURNING CORAL COVER AT TARGET REEF SITES TO A SELF-SUSTAINING LEVEL. MODIFYING FISHING GEAR, IDENTIFYING AREAS OF HIGH RISK OF ENTANGLEMENT, AND REMOVING DERELICT GEAR FROM THE WATER CAN DECREASE THE LIKELIHOOD OF LARGE WHALE ENTANGLEMENT. INNOVATIONS LIKE POP-UP OR ROPELESS GEAR WOULD REDUCE OR ELIMINATE VERTICAL FISHING LINES IN THE WATER COLUMN. IN-WATER TESTING OF THESE INNOVATIONS CAN PROVIDE VALUABLE INFORMATION, DATA, AND DESIGN FEEDBACK NEEDED TO GAUGE THE TECHNOLOGY'S EFFICACY AND EASE OF USE BY FISHERMEN. THE FOUNDATION WORKS COLLABORATIVELY WITH FISHERMEN TO TEST DIFFERENT GEAR INNOVATIONS IN SANCTUARY AREAS AND AREAS OF CONCERN. THE GOAL IS TO FOSTER COOPERATIVE AND SCIENTIFICALLY SOUND RESEARCH TO SIMULATE REAL WORLD SCENARIOS THAT ADVANCE INNOVATIVE SOLUTIONS. THE FOUNDATION ALSO EXPANDED ITS UNDERWATER MARINE DEBRIS PROGRAM BY CONTINUING GOAL: CLEAN SEAS CHANNEL ISLANDS, MODELED AFTER GOAL: CLEAN SEAS FLORIDA KEYS. IN GOAL: CLEAN SEAS CHANNEL ISLANDS, THE FOUNDATION WORKING WITH PARTNERS TO REMOVE 8,630 POUNDS OF MARINE DEBRIS AND 134 LOBSTER TRAPS FROM 2.5 MILES OF REMOTE COASTLINES IN CHANNEL ISLANDS NATIONAL MARINE SANCTUARY. WORKING IN PARTNERSHIP WITH THE OFFICE OF COAST MANAGEMENT, THE NATIONAL MARINE SANCTUARY FOUNDATION SUPPORTS RESTORATION OF THE HE'EIA NATIONAL ESTUARINE RESEARCH RESERVE (NERR) IN HAWAII. THE GOAL OF THIS PROJECT IS TO ERADICATE INVASIVE MANGROVE SPECIES FROM THIS MARINE PROTECTED AREA BY 2022, THE 100TH ANNIVERSARY OF THEIR INTRODUCTION TO THE STATE, AND REPLACE THE INVASIVES WITH NATIVE PLANTS, WHICH IN TURN HELPS BRING BACK NATIVE WILDLIFE TO THE RESERVE AS WELL. THE FOUNDATION WORKS WITH THE KEY HAWAIIAN PARTNERS WHO MANAGE THE HE'EIA NERR ON THIS PROJECT. 957533 163830 SCIENCE UNDERPINS THE WORK OF THE NATIONAL MARINE SANCTUARY FOUNDATION. OUR CONSERVATION, RESTORATION, AND EDUCATION WORK ALL RELIES ON SUPPORTING CRITICAL RESEARCH THAT SUPPORTS THE MANAGEMENT AND CONSERVATION OF SANCTUARIES. THIS INCLUDES SOCIOECONOMIC RESEARCH THAT PROVIDES INFORMATION ON HOW MANY PEOPLE USE AND HOW THEY USE NATIONAL MARINE SANCTUARIES. THIS WORK IS IMPORTANT BECAUSE IT BENEFITS LOCAL COMMUNITIES TO HAVE AN INCREASED UNDERSTANDING TO THE IMPORTANCE OF NATIONAL MARINE SANCTUARIES TO THEIR LOCAL ECONOMIES AS WELL AS HAVE ACCESS TO CRITICAL SOCIOECONOMIC DATA THAT CAN FURTHER INFORM LOCAL COMMUNITY DISCUSSIONS WITH REGARDS TO RESOURCE CONSERVATION AND REGULATORY PROCESSES AND DECISIONS. OUR WORK IN SCIENCE AND TECHNOLOGY INCLUDES SUPPORTING ACADEMIC PARTNERS' ACCESS TO NATIONAL MARINE SANCTUARIES TO CONDUCT HABITAT AND SPECIES RESEARCH AND MONITORING. WE SUPPORT EXPERTS PROVIDING INPUT TO FISHERIES ECOLOGY, WHALE BEHAVIORAL ECOLOGY, WHALE AND BIRD TAGGING TO BETTER UNDERSTAND WHERE KEYSTONE SPECIES FOUND IN SANCTUARIES GO AND WHY, WE SUPPORT WATER QUALITY MONITORING, HABITAT MONITORING THAT PROVIDES IMPORTANT BASELINES ON THE HEALTH OF CORAL REEFS THAT HELPS IDENTIFY AND MITIGATE ISSUES MORE EXPEDITIOUSLY, WE SUPPORT ACOUSTIC MONITORING PROJECTS WHERE STANDARDIZED MEASUREMENTS WERE USED TO IDENTIFY SOUNDS PRODUCED BY MARINE ANIMALS, PHYSICAL PROCESSES, AND HUMAN ACTIVITIES, AND COMPARISONS WERE MADE ACROSS 30 NATIONALLY-DISTRIBUTED LOCATIONS, AND ALSO ANOTHER COLLABORATIVE PROJECT USING PASSIVE ACOUSTIC DRIFTING RECORDERS TO STUDY THE MARINE SOUNDSCAPE IN THE CALIFORNIA CURRENT, INCLUDING THE WEST COAST SANCTUARIES.THE FOUNDATION SUPPORTS INTEGRATION OF SCIENCE ACTIVITIES ACROSS THE NATIONAL MARINE SANCTUARY SYSTEM TO ENHANCE AWARENESS AND ENGAGEMENT WITH LOCAL COMMUNITIES ACROSS THE COUNTRY WITH REGARDS TO ONGOING RESEARCH, MONITORING AND ASSESSMENT ACTIVITIES. THE FOUNDATION ALSO SUPPORTS THE ACQUISITION OF OCEANOGRAPHIC AND HYDROGRAPHIC SURVEY DATA, AS WELL AS SOUNDSCAPE MOORING DATA; MAINTAIN OCEANOGRAPHIC AND HYDROGRAPHIC SURVEY INSTRUMENTS, AND CONDUCT TECHNICAL DATA PROCESSING OPERATIONS THIS DATA IS MADE AVAILABLE TO THE PUBLIC AND PARTNERS FOR QUERIES AND ANALYSIS. BUT WE DON'T JUST LEAVE SCIENCE FOR PEOPLE WITH PHDS. THE FOUNDATION ALSO SUPPORTS COMMUNITY SCIENCE PROGRAMS LIKE OCEAN COUNT, WHERE VOLUNTEERS SPEND THREE SATURDAYS A YEAR SPOTTING AND IDENTIFYING WHALES IN HAWAIIAN ISLANDS HUMPBACK WHALE NATIONAL MARINE SANCTUARY, VOLUNTEERS TALLY HUMPBACK WHALE SIGHTINGS AND DOCUMENT THE ANIMALS' SURFACE BEHAVIOR DURING THE SURVEY. DATA COLLECTED COMBINED WITH OTHER RESEARCH EFFORTS CAN HELP REVEAL TRENDS IN HUMPBACK WHALE OCCURRENCE WITHIN AND AMONGST WHALE SEASONS. 957533 163830 13323734 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 135 0 1 83 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NC NH NJ NM NY OR PA RI SC TN UT VA WV WI X X X VERONICA ALI 3016083040 8455 COLESVILLE ROAD 1275 SILVER SPRING MD 20910 JAMES HNAT CHAIRMAN, END TERM 10/2022 1.00 X X 0 0 0 JULIAN MYERS VICE-CHAIR, END TERM 10/2022 1.00 X X 0 0 0 SUSIE KONDRACKI TREASURER, CO-CHAIR, FROM 10/22 1.00 X X 0 0 0 MARK MCDADE SECRETARY, CO-CHAIR, FROM 10/22 1.00 X X 0 0 0 MARTIN PETERS DIRECTOR 0.50 X 0 0 0 LYNN SCARLETT DIRECTOR 0.50 X 0 0 0 DAWN RODNEY DIRECTOR 0.50 X 0 0 0 BARBARA BIRDSEY DIRECTOR 0.50 X 0 0 0 JOHN RUDOLF DIRECTOR 0.50 X 0 0 0 HEATHER LUDERMANN DIRECTOR 0.50 X 0 0 0 GARY DEMASI DIRECTOR 0.50 X 0 0 0 JUSTIN DUNNAVANT DIRECTOR 0.50 X 0 0 0 LARRY MERCUILEFF DIRECTOR 0.50 X 0 0 0 ANDY WINER DIRECTOR 0.50 X 0 0 0 DANE NICHOLS DIRECTOR 0.50 X 0 0 0 LAURA ZAGAR DIRECTOR 0.50 X 0 0 0 JOSE ASTORQUI DIRECTOR 0.50 X 0 0 0 KRISTEN SARRI PRESIDENT & CEO 40.00 X 276174 0 19586 VERONICA ALI VICE PRESIDENT OF FINANCE 40.00 X 152115 0 5453 ALLISON ALEXANDER VICE PRESIDENT OF PROGRAM OPERATIONS 40.00 X 125547 0 20715 SHANNON COLBERT VICE PRESIDENT OF EXTERNAL AFFAIRS 40.00 X 110710 0 4459 CAROL KING CHIEF OF STAFF 40.00 X 113396 0 10420 GINAIA KELLY MB CHAPTER DIRECTOR 40.00 X 116215 0 4427 MATTHEW MCINTOSH VISUAL INFORMATION SPECIALIST 40.00 X 104794 0 4102 998951 0 69162 7 0 1 0 CAPITOL EXHIBIT SERVICES INC 12299 LIVINGSTON ROAD MANASSAS VA 20109 EXHIBITS AND KIOSKS 685053 FOR MOMENTUM 1816 INDEPENDENCE SQUARE SUITE D ATLANTA GA 30338 CREATE CORPORATE PARTNER PROGRAM 267088 PRECON EVENTS INC 11910 PARKLAWN DRIVE SUITE T ROCKVILLE MD 20852 PROFESSIONAL EVENT PRODUCTION 221690 INTERNATIONAL TRADE CENTER PO BOX 14580 WASHINGTON DC 20044 VENUE SITE FOR CONFERENCES AND EVENTS 196433 OCEAN ASSOCIATES INC 4007 NORTH ABINGDON STREET ALEXANDRIA VA 22207 EMPLOYMENT SERVICES 151210 10 60000 178875 12893945 2223961 40058 15356781 VESSEL OPERATIONS 900099 112585 112585 REGISTRATION FEES 900099 64172 64172 176757 504625 504625 215512 291450 -75938 -75938 -75938 142998 178875 229806 -86808 -86808 67119 11062 56057 56057 MISCELLANEOUS 900099 22080 22080 22080 15953554 232814 0 363959 4414440 4414440 453327 73940 305447 73940 4391159 3130510 1128749 131900 89221 69916 16320 2985 427924 310594 98083 19247 394257 280257 94275 19725 33269 3642 27647 1980 45767 -1042 46809 41571 41571 178326 178326 1251679 871552 180674 199453 532916 379113 73233 80570 459099 433010 21259 4830 391737 135122 237002 19613 551370 399165 152205 502348 457183 42500 2665 832359 797460 10216 24683 45263 42644 2619 21693 4475 17218 EXHIBITS AND KIOSKS 823032 815012 8020 EQUIP., RENTAL & MAINT. 272855 269775 2830 250 PROGRAM EXPENSES 233406 233406 VESSEL OPERATIONS 158542 158542 137945 45018 39746 53181 16683505 13323734 2675158 684613 1617701 1295537 1935290 1110414 729095 1223435 336355 245347 63744 138038 305413 251109 99569 54304 4593472 3799259 72676 78351 2791780 2364202 12239682 10308887 1310923 1856357 37800 2898944 2574115 4209867 4468272 X 4925622 2391006 3104193 3449609 8029815 5840615 12239682 10308887 X -729951 -1137982 -321267 X 0 1 X 1 1 1 X 4104925 9643488 9348867 11737356 15356781 50191417 4104925 9643488 9348867 11737356 15356781 50191417 50191417 63441 126872 58642 126746 504625 880326 24450 3207 12702 9733 22080 72172 51143915 725702 0.98140 0.98660 X PART II, SHORT YEAR EXPLANATION: THE FOUNDATION CHANGED ITS YEAR-END FROM JUNE 30 TO DECEMBER 31, EFFECTIVE FOR THE SIX MONTHS ENDED DECEMBER 31, 2018. THEREFORE, THE 2018 COLUMN INCLUDES A SHORT PERIOD. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 0 0 0 0 1 1976 1976 0 PART II-B, LINE 1: THE FOUNDATION'S LOBBYING ACTIVITIES SUPPORT ONLINE MAILING ADVOCACY TOOLS THAT SEND LETTERS DIRECTLY TO LEGISLATORS AND OTHER ELECTED OFFICIALS, HOSTING ONLINE HILL FLY-IN MEETINGS AND DISTRICT DAY EVENTS THAT ENABLE THE FOUNDATION TO CONNECT BUSINESSES AND COMMUNITY LEADERS TO THEIR ELECTED OFFICIALS TO VOICE THEIR SUPPORT FOR SANCTUARIES. 5206644 10042 -887621 225661 4103404 4934320 10466 391136 117083 12195 5206644 4906353 10027 480678 261275 201463 4934320 4769537 73488 568195 434484 70383 4906353 5495583 -165041 561005 4769537 1.00000 0.00000 0.00000 0 0 22458 5094 17364 282955 246015 36940 54304 DEPOSITS 23793 RIGHT-OF-USE ASSETS 2340409 2364202 OPERATING LEASE LIABILITIES 2503615 REFUNDABLE ADVANCES 70500 2574115 X 14569289 -1137982 12442 240868 -884672 15453961 178326 321267 499593 15953554 16758489 12442 240868 253310 16505179 178326 178326 16683505 PART V, LINE 4: THE OPERATIONAL ACTIVITY FUND IS A FUND WITHOUT DONOR RESTRICTIONS THAT SUPPORTS PROGRAMS AND OPERATIONS OF THE FOUNDATION. PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2022, THE FOUNDATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED AS AN EXPENSE ON THE 11,062. FINANCIAL STATEMENTS AND NETTED AGAINST SALES REVENUE ON PART VIII, LINE 10B. SPECIAL EVENT EXPENSE INCLUDED AS EXPENSE ON THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON PART VIII,LINE 8B 229,806. PART XI, LINE 4B - OTHER ADJUSTMENTS: PPP LOAN FORGIVNESS RECOGNIZED AS A CONDITIONAL GRANT ON THE 2021 FINANCIAL STATEMENTS, BUT INCLUDED IN 2022 990 IN THE YEAR IT WAS FORGIVEN. 321,267. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED AS AN EXPENSE ON THE 11,062. FINANCIAL STATEMENTS AND NETTED AGAINST SALES REVENUE ON PART VIII, LINE 10B. SPECIAL EVENT EXPENSE INCLUDED AS EXPENSE ON THE FINANCIAL 229,806. STATEMENTS AND NETTED AGAINST REVENUE ON PART VIII,LINE 8B 1 EAST ASIA AND THE PACIFIC 0 9 PROGRAM SERVICES ACTIVITIES SEE PART V FOR FULL DESCRIPTION 43732 CENTRAL AMERICA AND THE CARIBBEAN 0 2 PROGRAM SERVICES ACTIVITIES SEE PART V FOR FULL DESCRIPTION 191745 SOUTH AMERICA 0 1 PROGRAM SERVICES ACTIVITIES SEE PART V FOR FULL DESCRIPTION 19905 0 12 0 0 0 12 255382 0 255382 0 0 0 0 0 0 PART III ACCOUNTING METHOD: PART I, LINE 3, COLUMN (E): REGION: EAST ASIA AND THE PACIFIC (E) SPECIFIC TYPES OF SERVICES IN REGION: PROVIDE STATE OF THE ART CURRICULUM AND TRAININGS TO THE MPA MANAGEMENT COMMUNITY ON A RANGE OF MPA MANAGEMENT THEMES. FUND A COORDINATOR TO LIAISE WITH GOVERNMENTAL AND NGO PARTNER AGENCIES IN THE PHILIPPINES, INDONESIA, AND ELSEWHERE IN SE ASIA AND THE CORAL TRIANGLE REGION TO PROVIDE ON THE GROUND SUPPORT FOR MPA AND FISHERIES MANAGEMENT INITIATIVES FUNDED BY NMFS, NOAA AND USAID. PROVIDE TECHNICAL ASSISTANCE, CAPACITY BUILDING AND ADVISORY SUPPORT TO INDONESIA'S MINISTRY OF MARINE AFFAIRS AND FISHERIES AND LOCAL PARTNERS FOR A RANGE OF MPA AND FISHERIES MANAGEMENT THEMES, INCLUDING: MPA MANAGEMENT; SUSTAINABLE TOURISM; FISHERIES STOCK ASSESSMENTS; AND COMBATING ILLEGAL, UNREPORTED, AND UNREGULATED (IUU) FISHING (INCLUDING PORTS STATES MEASURES). REGION: CENTRAL AMERICA AND THE CARIBBEAN (E) SPECIFIC TYPES OF SERVICES IN REGION: INTER-AMERICAN CONVENTION FOR THE PROTECION AND CONSERVATION OF SEA TURTLE THROUGHOUT CENTRAL AMERICA AND THE CARRIBEAN (BELIZE, GUATEMALA, HONDURAS, COSTA RICA, PANAMA, DOMINICAN REPUBLIC, EL SALVADOR) REGION: SOUTH AMERICA (E) SPECIFIC TYPES OF SERVICES IN REGION: INTER-AMERICAN CONVENTION FOR THE PROTECION AND CONSERVATION OF SEA TURTLE THROUGHOUT SOUTH AMERICA (ECUADOR, VENEZUELA, URUGUAY, BRAZIL, PERU, ARGENTINA, CHILE, COLUMBIA) X X X X X X 1 GREY DOG GROUP 151 STERLING MANOR DRIVE 3110 WILLIAMSBURG VA 23185 GRANT WRITING SUPPORT 0 66886 14071 52815 D'ALESSANDRO INC 758 FRANKLIN AVENUE UNIT 749 FRANKLIN LAKES NJ 07417 MAJOR GIFT PROGRAM DEVELOPMENT 0 0 27500 -27500 66886 41571 25315 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NC NH NY OR PA RI SC TN UT VA WV WI OCEAN AWARDS GALA 157028 39000 118028 6000 96899 80448 SEA STARS BRUNCH 164845 139875 24970 681 2100 29068 3000 11610 321873 178875 142998 681 8100 125967 3000 92058 229806 -86808 1 CORAL RESTORATION FOUNDATION 89111 OVERSEAS HWY TAVERNIER FL 33070 651054647 501 (C) 3 1009006 0 RESTORATION AND MONITORING OF EDR MOTE MARINE LABORATORY 1600 KEN THOMPSON PKWY SARASOTA FL 34236 590756643 C CORP 927543 0 RESTORATION AND MONITORING OF EDR UNIVERSITY OF THE VIRGIN ISLANDS 2 JOHN BREWERS BAY ST THOMAS VI 00802 660432514 501 (C) 3 274330 0 LARGE SCALE USVI CORAL RESTORATION USING SELECTIVE BREEDING AND ASSISTED EVOLUTION TECHNOLOGIES GULF OF MAINE RESEARCH INSTITUTE 350 COMMERICAL STREET PORTLAND ME 04101 010504905 501 (C) 3 265000 0 MARINE RESOURCES EDUCATION PROGRAM THE PEW CHARITABLE TRUSTS 901 E ST NW WASHINGTON DC 20004 562307147 501 (C) 3 200000 0 U.S. MARINE BIODIVERSITY TASK FORCE REEF RENEWAL USA INC 4002 W STATE ST SUITE 200 TAMPA FL 33609 834404613 C CORP 170785 0 MISSION ICONIC REEFS CORAL RESTORATION CAPACITY BUILDING OCEAN EXPLORATION TRUST 613 WILLIAMS STREET NEW LONDON CT 06320 830488383 501 (C) 3 131036 0 EDUCATION COLLABORATIONS FOR PACIFIC ISLANDS E/V NAUTILUS EXPEDITION MIT SEA GRANT 15 EMILY STREET CAMBRIDGE MA 02139 042103954 501 (C) 3 112684 0 SEA TO SPACE: A JOURNEY INTO STELLWAGEN BANK PUBLIC EXHIBIT FLORIDA INTERNATIONAL UNIVERSITY (FIU) 11200 SW 8TH STREET MARC 355 MIAMI FL 33199 650177616 501 (C) 3 94799 0 MARICULTURE OF CARIBBEAN KING CRABS FOR CORAL REEF RESTORATION THE FLORIDA AQUARIUM 701 CHANNELSIDE DRIVE TAMPA FL 33602 592807815 C CORP 86633 0 MISSION ICONIC REEFS CORAL RESTORATION CAPACITY BUILDING FLORIDA STATE UNIVERSITY 282 CHAMPIONS WAY UCA2200 TALLAHASSEE FL 32306 591961248 501 (C) 3 81507 0 MISSION ICONIC REEFS CORAL RESTORATION CAPACITY BUILDING SEA RESEARCH FOUNDATION 55 COOGAN BOULEVARD MYSTIC CT 06355 061480300 501 (C) 3 64469 0 4 GRANTS: TWO FOR EXPLORATION EDUCATION TEACHER WORKSHOPS ($6,722 COLLECTIVELY); DEIA MINIGRANT: OCEAN EXPLORATION ADVENTURES $24,953; MARINE COMMUNITY ECOLOGY IN STELLWAGEN BANK NMS $32,794. FLORIDA SEA BASE - BOY SCOUTS OF AMERICA -BRINTON CENTER 23800 OVERSEAS HIGHWAY SUMMERLAND KEY FL 33042 221576300 C CORP 57955 0 MISSION ICONIC REEFS CORAL RESTORATION CAPACITY BUILDING WAIKIKI AQUARIUM 2777 KALAKAUA AVENUE HONOLULU HI 96815 996000354 501 (C) 3 50000 0 EXHIBIT INTERPRETING RESOURCES OF PAPAHANAUMOKUAKEA MARINE NATIONAL MONUMENT UNIVERSITY OF FLORIDA PO BOX 113201 SUITE 1250 GAINESVILLE FL 32611 596002052 501 (C) 3 49798 0 MISSION ICONIC REEFS CORAL RESTORATION CAPACITY BUILDING SMITHSONIAN INSTITUTION P O BOX 37012 MRC 1205 WASHINGTON DC 20213 530206027 501 (C) 3 42852 0 MISSION ICONIC REEFS CORAL RESTORATION CAPACITY BUILDING THE NATURE CONSERVANCY 801 GERVAIS ST STE 202 COLUMBIA SC 29201 530242652 501 (C) 3 42166 0 HI MARINE FELLOWSHIP PROGRAM WEST VIRGINIA UNIVERSITY FOUNDATION ONE WATERFRONT PLACE 7TH FLOOR PO BOX 1650 MORGANTOWN WV 26501 556017181 501 (C) 3 40278 0 SOCIOECONOMIC MONITORING FOR ICONIC REEFS IN FLORIDA KEYS NATIONAL MARINE SANCTUARY THE MARION INSTITUTE INC DBA STEAM THE STREETS 2086 PHEASANT DR HERCULES CA 94547 043206583 501 (C) 3 35000 0 CREATING A MARINE CAREERS FEATURE FOR THE STEAM THE STREETS CAREERHUB ONLINE PLATFORM UDALL FOUNDATION NATIONAL CENTER FOR ENVIRONMENTAL CONFLICT RESOLUTION 130 S SCOTT AVENUE TUCSON AZ 85701 510563508 FEDERAL AGENCY GOVER 33805 0 TRIBAL COMMUNITY WORKSHOPS SUPPORTING THE PROPOSED CHUMASH HERITAGE NATIONAL MARINE SANCTUARY DESIGNATION PROCESS BLACK IN MARINE SCIENCE 522 W RIVERSIDE AVE SUITE N SPOKANE WA 99201 861303144 501 (C) 3 32876 0 2 GRANTS: $25,867 BIMS SOUTH FLORIDA IMMERSION PROJECT; $7,000 SCIENCE COMMUNICATIONS INTERNSHIP THE OCEAN FOUNDATION (FISCAL SPONSOR FOR THE OCEAN PROJECT) 1320 19TH STREET NW SUITE 500 WASHINGTON DC 20036 710863908 501 (C) 3 32600 0 GROWING DIVERSE YOUTH ENGAGEMENT AND LEADERSHIP FOR OUR OCEAN SEAFOOD NUTRITION PARTNERSHIP 1001 19TH STREET N SUITE 1200 ARLINGTON VA 22209 900948097 501 (C) 3 25000 0 STATE OF THE SCIENCE SYMPOSIUM NA MAKA ONAONA NON-PROFIT ORGANIZATION - FISCAL SPONSOR FOR NA WA'A MAUO MA PO BOX 947 KILAUEA HI 96754 842027061 501 (C) 3 25000 0 DEIA OCEAN EXPLORATION GRANT: 'IKE MOANA: OCEAN LITERACY THROUGH OLELO HAWAII (HAWAIIAN LANGUAGE) UNIVERSITY OF MIAMI - ROSENSTIEL SCHOOL OF MARINE AND ATMOSPHERIC SCIENCE PO BOX 405803 ATLANTA GA 30384 590624458 501 (C) 3 24997 0 DEIA OCEAN EXPLORATION GRANT: OCEAN EXPLORERS EDMUNDS CENTRAL SCHOOL DISTRICT PO BOX 317 ROSCOE SD 57471 460416362 501 (C) 3 24992 0 OCEAN EXPLORATION EDUCATION GRANT: GREAT PLAINS OCEAN INSTITUTE UNIVERSITY OF SOUTHERN CALIFORNIA 3720 S FLOWER ST CUB 303 LOS ANGELES CA 90089 951642394 C CORP 24821 0 DEIA OCEAN EXPLORATION GRANT: INCREASING DEI PARTICIPATION IN STEM CAREERS: TRAINING SCIENTIFIC SCUBA DIVERS THE RESEARCH FOUNDATION FOR THE SUNY PO BOX 9 ALBANY NY 12201 141368361 501 (C) 3 24432 0 DEIA OCEAN EXPLORATION GRANT: UNDERGRADUATE DEEP-SEA RESEARCH CAPACITY BUILDING WITH TRAINING FOR UNDERREPRESENTED GROUPS. OCEAN DISCOVERY LEAGUE PO BOX 182 SAUNDERSTOWN RI 02874 841827384 501 (C) 3 23100 0 DEVELOPMENT OF LOW-COST LIGHTING MODULES FOR DEEP-SEA IMAGING QUILEUTE INDIAN TRIBE PO BOX 187 LA PUSH WA 98350 910761286 26 USC 7823 GOVERNME 20000 0 SUPPORT IPC, TEK AND COMPLETE SEWAGE PUMP AT MARINA HOH INDIAN TRIBE PO BOX 2196 FORKS WA 98331 910887990 26 USC 7823 GOVERNME 20000 0 OLYMPIC COAST NMS ENGAGEMENT AND WATERSHED ADVENTURE CAMP MAKAH TRIBE PO BOX 115 NEAH BAY WA 98357 910492517 26 USC 7823 GOVERNME 20000 0 OLYMPIC COAST NMS ENGAGEMENT ON OASES MEETINGS, AND MARINE RESEARCH AND MONITORING MONTEREY BAY FISHERIES TRUST 99 PACIFIC STREET SUITE 575-C MONTEREY CA 93940 471978379 501 (C) 3 20000 0 LOST GEAR RECOVERY: PREVENTING ENTANGLEMENTS IN MONTEREY BAY UNIVERSITY OF DELAWARE 700 PILOTTOWN RD LEWES DE 19958 516000297 501 (C) 3 19740 0 DEIA OCEAN EXPLORATION GRANT: BUILDING OCEAN LITERACY THROUGH HANDS-ON OCEAN EXPLORATION MATEREVOLVE 189 SPRING GROVE AVE SAN ANSELMO CA 94960 830620451 SINGLE LLC 17000 0 VIRTUAL MICROFIBER WORKSHOP FOR SOS 2.0 REPORT ON MICROFIBER POLLUTION ALPENA COUNTY LIBRARY 211 N FIRST AVENUE ALPENA MI 49707 352231171 26 USC 115 GOVERNMEN 15000 0 THUNDER BAY SANCTUARY RESEARCH COLLECTION PROJECT THE MARINER'S MUSEUM AND PARK 100 MUSEUM DRIVE NEWPORT NEWS VA 23606 540541801 501 (C) 3 15000 0 MARINERS ACCESS PROJECT: TECHNOLOGY DRIVEN METHODS FOR MEANINGFUL ENGAGEMENT BUTLER COUNTY HIGH SCHOOL 1852 S MAIN MORGANTOWN KY 42261 616001326 501 (C) 3 14821 0 OCEAN EXPLORATION EDUCATION GRANT: DIVING DEEP INTO MARINE BIOLOGY NATIONAL MARINE EDUCATORS ASSOCIATION 50 FURBISH ROAD WELLS ME 04090 010412164 501 (C) 3 10000 0 ANNUAL CONFERENCE OF MARINE EDUCATION PROFESSIONALS BRUNSON ELEMENTARY SCHOOL-WINSTON-SALEMFORSYTH COUNTY SCHOOLS 475 CORPORATE SQUARE DRIVE WINSTONSALEM NC 27105 560795164 501 (C) 3 8000 0 OCEAN GUARDIAN EDUCATIONAL MINI-GRANT WILEY MAGNET MIDDLE SCHOOL-WINSTON-SALEMFORSYTH COUNTY SCHOOLS 475 CORPORATE SQUARE DRIVE WINSTONSALEM NC 27105 560795164 501 (C) 3 8000 0 OCEAN GUARDIAN EDUCATIONAL MINI-GRANT SOUTH CAROLINA AQUARIUM 100 AQUARIUM WHARF CHARLESTON SC 29401 570961897 501 (C) 3 6982 0 EXPLORATION EDUCATION TEACHER WORKSHOPS ECOEXPLORATORIO PO BOX 2803 GUAYNABO PR 00970 660762579 501(C)(3) 6700 0 EXPLORATION EDUCATION TEACHER WORKSHOPS THE COLLEGE OF THE FLORIDA KEYS 5901 COLLEGE RD KEY WEST FL 33040 591209205 501 (C) 3 6036 0 ICONIC REEFS SITE MAINTENANCE PILOT PROGRAM GRASSROOT GARBAGE GANG PO BOX 1480 OCEAN PARK WA 98640 320062366 501 (C) 3 6000 0 MARINE DEBRIS AWARENESS PROJECT DUKE UNIVERSITY 2200 W MAIN STREET STE 710 DURHAM NC 27705 560532129 501 (C) 3 5812 0 LONG TERM WAVE ATTENUATION AND HYDRODYNAMICS STUDY GREAT LAKES AQUARIUM 353 HARBOR DRIVE DULUTH MN 55802 411659809 501 (C) 3 5640 0 EXPLORATION EDUCATION TEACHER WORKSHOPS 41 6 PART I, LINE 2: EACH GRANTEE IS REQUIRED BY MUTUALLY SIGNED AGREEMENT TO SUBMIT TO THE FOUNDATION BOTH NARRATIVE AND FINANCIAL REPORTS USING SPECIFIC FORMS. REPORTS ARE DUE TO THE FOUNDATION ONCE A YEAR FOR THE DURATION OF THE PROJECT, AND GRANTEES ARE EXPECTED TO SUBMIT A FINAL REPORT AS WELL. THE FOUNDATION RESERVES THE RIGHT AS NECESSARY TO MONITOR AND CONDUCT AN EVALUATION OF THE PROJECT BEING FUNDED, WHICH MAY INCLUDE A VISIT FROM THE FOUNDATION'S PERSONNEL TO OBSERVE THE ORGANIZATION'S PROJECT, DISCUSS THE PROJECT WITH THE ORGANIZATION'S PERSONNEL, AND REVIEW FINANCIAL AND OTHER MATERIALS CONNECTED WITH THE ACTIVITIES FUNDED BY THE FOUNDATION. X X 0 0 0 0 0 0 0 1 0 KRISTEN SARRI PRESIDENT & CEO 252874 0 23300 0 0 0 8333 0 11253 0 295760 0 0 0 VERONICA ALI VICE PRESIDENT OF FINANCE 143115 0 9000 0 0 0 3735 0 1718 0 157568 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED THE FOLLOWING BONUSES ON PART VII: KRISTEN SARRI $23,300 VERONICA ALI $9,000 ALLISON ALEXANDER $9,000 SHANNON COLBERT $9,000 CAROL KING $10,900 GINAIA KELLY $10,000 MATTHEW MCINTOSH $3,000 X 16 26023 FMV X 195 FMV X 982 FMV X 1199 FMV X 1 10149 FMV X FOOD AND BEVERAGES 11 777 FMV X JEWELRY 7 479 FMV X RECREATIONAL 6 254 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. THE AUDIT COMMITTEE ALSO DISCUSSED AND REVIEWED THE RETURN IN CONJUNCTION WITH THE OUTSIDE ACCOUNTANTS. IT WAS THEN SENT TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED, UNDERSTANDS, AND COMPLIED WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. IN THE EVENT THAT A CONFLICT OR POTENTIAL CONFLICT OF INTEREST IS DISCOVERED, THE BOARD OR COMMITTEE MEMBERS, EXCEPT FOR THOSE INTERESTED PERSONS, REVIEW THE CIRCUMSTANCES OF THE CONFLICT OR POTENTIAL CONFLICT OF INTEREST AND DETERMINE THE APPROPRIATE COURSE OF ACTION WHICH SERVES THE BEST INTEREST OF THE ORGANIZATION. THE BOARD'S OR COMMITTEE'S DETERMINATION INCLUDES A PRESENTATION FROM THE INTERESTED PERSONS, BUT EXCLUDES THE INTERESTED PERSONS FROM PARTICIPATING IN THE BOARD'S OR COMMITTEE'S DISCUSSION AND VOTING REGARDING THE TRANSACTION OR AGREEMENT WHICH RESULTED IN THE CONFLICT OF INTEREST OR THE POTENTIAL CONFLICT OF INTEREST. THE FOUNDATION STAFF ANNUALLY SIGNS A STATEMENT AFFIRMING RECEIPT OF THE CONFLICT OF INTEREST POLICY AND MUST REFRAIN FROM ANY ACTIVITY WHICH CREATES A CONFLICT OF INTEREST. THE POLICY IS DESCRIBED IN THE PERSONNEL POLICY HANDBOOK AND IS MORE RESTRICTIVE THAN THE BOARD POLICY DESCRIBED ABOVE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES OF THE FOUNDATION HAS CONCLUDED THAT THE EXECUTIVE COMMITTEE IS THE MOST APPROPRIATE BODY TO REVIEW AND APPROVE EXECUTIVE COMPENSATION. THIS POLICY IS DESIGNED TO BE CONSISTENT WITH INFORMATION REQUESTED ON THE FORM 990 AND ALSO CONSISTENT WITH INTERNAL REVENUE CODES "EXCESS BENEFIT TRANSACTION" RULES. THE POLICY ON THE PROCESS FOR DETERMINING COMPENSATION OF THE FOUNDATION APPLIES TO THE COMPENSATION OF THE FOLLOWING PERSONS EMPLOYED BY THE FOUNDATION: THE FOUNDATION'S CHIEF EMPLOYED EXECUTIVE (THE CEO/PRESIDENT) AND OTHER COMPENSATED OFFICERS AND KEY EMPLOYEES OF THE FOUNDATION (IF ANY). THE LAST REVIEW TOOK PLACE IN DECEMBER 2022. THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR THE COMPENSATION COMMITTEE OF THE FOUNDATION; (2) USE OF DATA ON COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING, AS FOLLOWS: 1. REVIEW AND APPROVAL: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 2. USE OF DATA AS TO COMPARABLE COMPENSATION: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING: THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 18 THE 1023 FORM IS AVAILABLE UPON REQUEST; AND THE 990 ARE AVAILABLE ON THE THE FOUNDATION'S WEBSITE, AND ON CHARITY INFORMATION WEBSITES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST; AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE THE FOUNDATION'S WEBSITE AND ON CHARITY INFORMATION WEBSITES. FORM 990, PART XI, LINE 9: PPP LOAN CONDITIONAL GRANT -321,267. FORM 990, PART XI, LINE 9 - OTHER CHANGE IN NET ASSETS: ON FEBRUARY 2, 2021, THE FOUNDATION RECEIVED LOAN PROCEEDS IN THE AMOUNT OF $321,267 UNDER THE PAYCHECK PROTECTION PROGRAM (PPP). UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT), THE PROMISSORY NOTE MUST BE USED FOR CERTAIN EXPENDITURES WITHIN A 24-WEEK PERIOD TO ULTIMATELY BE FORGIVEN BY THE SMALL BUSINESS ADMINISTRATION. DURING THE YEAR ENDED DECEMBER 31, 2021, THE FOUNDATION EXPENDED AND TRACKED THE PPP FUNDS FOR PURPOSES OUTLINED IN THE CARES ACT GUIDANCE AND BELIEVES THEY HAVE MET ALL CONDITIONS SET FORTH FOR FULL FORGIVENESS. ACCORDINGLY, UNDER GUIDANCE FOUND IN FASB ASC 958-605, THE FOUNDATION HAS RECOGNIZED THE PPP FUNDING AS A CONDITIONAL CONTRIBUTION BY WHICH ALL CONDITIONS HAVE BEEN MET. ACCORDING TO THE IRS INSTRUCTIONS, THE PPP LOAN REVENUE MUST BE RECOGNIZED IN THE YEAR IT IS FORGIVEN. THEREFORE, CREATING A BOOK TO TAX DIFFERENCE FOR 2021 AND 2022. PRIOR TO FILING THE FORM 990 THE ORGANIZATION RECEIVED FULL FORGIVENESS FROM THE SBA.