2023-11-15T12:28:18-06:00 2022-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST SUITE 1400 BELLEVUE WA 98004 990 2022-01-01 830757695 OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION OCEA 2032915000 ONE NYALA FARMS ROAD WESTPORT CT 06880 JANINE RACANELLI PRESIDENT 2032915000 2023-11-15 1 JANINE RACANELLI 999009999 0 MEGAN R RYAN P00737884 4254544919 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JANINE RACANELLI ONE NYALA FARMS ROAD WESTPORT CT 06880 31428615 0 X WWW.OCEANX.ORG X 2018 DE THROUGH A SERIES OF INTEGRATED PROGRAMS, OREF 1) SUPPORTS AND CONDUCTS SCIENTIFIC RESEARCH AND EXPLORATION OF THE EARTH'S OCEANS WITH A WORLD CLASS RESEARCH AND EXPLORATION SHIP AND PACKAGE OF EQUIPMENT, ENABLING SUCH SCIENTIFIC RESEARCH AND EXPLORATION; AND 2) DOCUMENTS AND DISTRIBUTES MEDIA AND OTHER DOCUMENTATION HIGHLIGHTING THAT SCIENTIFIC RESEARCH AND EXPLORATION TO PROMOTE PUBLIC AWARENESS, ENGAGEMENT AND PROTECTION OF THE OCEANS AND THE DIVERSE COMMUNITIES THEY SUPPORT. OREF MAY CARRY OUT ITS SOCIAL WELFARE PURPOSES DIRECTLY OR IN CONJUNCTION WITH OTHER ORGANIZATIONS, ENTITIES OR PARTNERS. 2 2 2 4 0 0 16467247 10000000 10948749 20334393 4773 598489 105005 495733 27525774 31428615 0 500000 0 0 206376 24340 0 0 0 30367736 35101211 30574112 35625551 -3048338 -4196936 202911238 198595941 231482 113121 202679756 198482820 X THROUGH A SERIES OF INTEGRATED PROGRAMS, OCEANOGRAPHIC RESEARCH AND EXPLORATION FOUNDATION (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, EDUCATION 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 30247680 500000 19353700 RESEARCH INITIATIVE: 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 TO SCIENTIFICALLY EXPLORE THE OCEANS AND SUPPORT THE DOCUMENTATION OF THOSE SCIENTIFIC EXPLORATIONS AND DISCOVERIES. REFER TO SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTS. 2934801 994096 EDUCATION, ENGAGEMENT, AND AWARENESS: ENGAGE IN AND SUPPORT EDUCATIONAL AND AWARENESS-RAISING EFFORTS ON BEHALF OF OCEAN SCIENCE, PROTECTION, EXPLORATION, AND STEWARDSHIP. ENGAGING AND EDUCATING AUDIENCES GLOBALLY BY CREATING CAPTIVATING MEDIA IN MULTIPLE FORMATS AND ACROSS MULTIPLE CHANNELS ABOUT THE IMPORTANCE OF THE OCEANS AND THEIR PROTECTION, FOR THE BENEFIT OF PEOPLE GLOBALLY INCLUDING MARGINALIZED COMMUNITIES THAT DEPEND ON THE OCEAN FOR THEIR SUSTAINABILITY. REFER TO SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTS. 33182481 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 1 83 0 2 1 0 0 0 0 0 0 0 0 X 2 2 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LISA SAFIAN 2032915000 ONE NYALA FARMS ROAD WESTPORT CT 06880 X JANINE RACANELLI DIRECTOR EX OFFICIO, PRESIDENT 0.50 3.00 X X 0 0 0 MARK DALIO DIRECTOR, SECRETARY, TREASURER 1.00 1.50 X X 0 0 0 MATTHEW DALIO DIRECTOR 1.00 1.50 X 0 0 0 GRETCHEN WAGNER ASSISTANT SECRETARY 0.50 0.50 X 0 0 0 0 0 0 0 0 0 0 EQUIOM ONE THE ESPLANADE 3RD FL ST HELIER JE JE2 3QA MARINE CREW SERVICES 7301283 DAMEN ADMIRAAL DE RUYTERSTRAAT 24 SCHIEDAM NL 3115 HB VESSEL REFIT SERVICES 5763096 MARINO MANAGEMENT LLC 25 FORD ROAD WESTPORT CT 06880 BACK OFFICE, VESSEL MGMT., PHIL. SVCS. 1725380 PRECISION LLC 3800 NE THREE MILE LANE MCMINNVILLE OR 97128 HELO MANAGEMENT SERVICES 1178509 OMNI ACCESS EDIFICIO W 2A PLANTA PALMA DE MALLORCA BALEARES SP 07121 VESSEL SATELLITE COMMUNICATION SERVICES 962423 26 10000000 10000000 SOCIAL WELFARE CHARTER 900099 19353700 19353700 SOC WELFARE PRODUCTION 900099 980693 980693 20334393 598460 598460 13403 13403 29 0 29 29 29 MISC. INCOME 900099 472940 472940 REBATES 900099 9390 9390 482330 31428615 20347796 0 1080819 X 500000 500000 23700 23700 623 623 17 17 500000 500000 197436 197436 123885 17629 106256 11970769 11970769 788845 788845 349077 283031 66046 1406460 1054845 351615 509244 381933 127311 1237163 1237163 10644699 10644699 1369103 1028882 340221 VESSEL FUEL & MAINT. 4052967 3277227 775740 VESSEL MEALS & TRAVEL 663721 497791 165930 MEDIA PRODUCTION EXP. 328030 328030 UBI TAX 1500 1500 958312 949861 8451 35625551 33182481 2443070 0 47501 2858722 43970264 39597083 4208 12397 9784 0 179421351 23749536 158605386 155671815 26467 15586 247628 440338 202911238 198595941 231482 113121 231482 113121 X 0 0 0 0 202679756 198482820 202679756 198482820 202911238 198595941 -4196936 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 493828 83840 409988 21042783 2789431 18253352 157884740 20876265 137008475 155671815 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES VESSEL REFIT 7976175 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES MULTI-DISCIPLINARY SCIENTIFIC AND MEDIA EXPEDITION 1816357 EUROPE (INCLUDING ICELAND & GREENLAND) 0 31 PROGRAM SERVICES YOUNG EXPLORERS PROGRAM 3632713 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 OTHER ACTIVITIES N/A 315888 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES MULTI-DISCIPLINARY SCIENTIFIC AND MEDIA EXPEDITION 15083658 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES SHIP DESIGN SERVICES 229034 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 MANAGEMENT SERVICES SHIP CREW CONSULTING, MANAGEMENT FEES 342988 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING N/A 500000 0 34 0 0 0 34 29896813 0 29896813 EUROPE (INCLUDING ICELAND AND GREENLAND) COLLABORATIVE PROJECTS FOCUSED ON OCEAN EXPLORATION AND CONSERVATION 500000 EFT 0 1 0 1 0 0 0 0 1 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, LINE 3: THE VESSEL MOVED THROUGHOUT EUROPE AND MIDDLE EAST 2022. 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). CHRONOS LLC 35% CONTROLLED ENTITY OF A FAMILY MEMBER OF BOARD MEMBERS 472940 VESSEL USE 0 FORM 990, PART 1, LINE 6: THE FOUNDATION HAD THREE VOLUNTEER BOARD MEMBERS AND A VOLUNTEER ASSISTANT SECRETARY. 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: YEP: THE YOUNG EXPLORER'S PROGRAM IS AN EDUCATIONAL PROGRAM INTENDED TO EXPOSE STUDENTS WITH AN INTEREST IN THE OCEANS TO SCIENTIFIC EXPLORATION, SCIENCE COMMUNICATIONS AND VESSEL OPERATIONS. THE PROGRAM HAS AN EMPHASIS ON STUDENTS AND EDUCATORS FROM UNDERREPRESENTED GROUPS. THE PROGRAM INCLUDES THREE COMPONENTS: 1) OCEANOGRAPHIC AND MARINE BIOLOGICAL STUDIES; 2) SCIENCE COMMUNICATIONS INCLUDING SHORT AND LONG FORM VISUAL MEDIA; AND 3) SHIP OPERATIONS INCLUDING FUNCTIONS OF VARIOUS CREW DEPARTMENTS. RED SEA DECADE EXPEDITION: IN 2022, OREF COMPLETED AN EXPEDITION WITH THE NATIONAL CENTER FOR WILDLIFE (NCW) WHOSE MISSION IS TO DEVELOP AND IMPLEMENT PLANS TO ADDRESS THE THREATS TO TERRESTRIAL AND MARINE WILDLIFE WITH THE AIM OF RESTORING THE ECOLOGICAL BALANCE OF NATURAL ECOSYSTEMS. OREF, NCW AND SCIENTISTS FROM A LOCAL UNIVERSITY SPENT FEBRUARY THROUGH JUNE 2022 COMPLETING AN UNPRECEDENTED FOUR-LEG RESEARCH EXPEDITION THAT COVERED 1,000-MILES OF THE RED SEA. THE EXPEDITION STUDIED THE BIODIVERSITY FOUND IN BOTH THE SHALLOW AND DEEP WATER OF THE RED SEA, AND TO UNDERSTAND WHY CORAL SYSTEMS THERE ARE MORE RESILIENT TO BLEACHING THAN ANYWHERE ELSE IN THE WORLD. 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. EXPLORATION, RESEARCH, FILMING, AND PRODUCTION WAS CARRIED OUT IN THREE LOCATIONS: BAHAMAS / DOMINICAN REPUBLIC, THE AZORES AND SVALBARD NEAR THE NORTH POLE. REFIT: THE OCEANXPLORER, ONE OF THE MOST ADVANCED SCIENTIFIC EXPLORATION VESSELS UNDERWENT MAJOR UPGRADES TO ITS SCIENTIFIC, MEDIA AND OPERATIONAL CAPABILITIES. A SIGNIFICANT INVESTMENT WAS MADE TO ENHANCE THE VESSEL'S TECHNICAL CAPABILITIES INCLUDING EDNA CAPABILITIES, SONAR UPGRADES, TENDER BUILD AND ADDITIONS TO SCIENCE AND MEDIA LABS. CRAYOLA EXPERIENCE: OREF LAUNCHED A COLLABORATION WITH CRAYOLA ON AN IMMERSIVE TRAVELING EXPERIENCE TO HELP EDUCATE, ENGAGE, AND INSPIRE THOUSANDS OF STUDENTS ON THE IMPORTANCE OF OCEAN EXPLORATION AND PROTECTION. THROUGH THIS COLLABORATION, OREF WORKED WITH CRAYOLA TO RE-THEME VARIOUS TRAVELING EXPERIENCES TO INCLUDE OCEAN TOPICS. THESE THEMES WERE INCORPORATED INTO VARIOUS CRAYOLA EXPERIENCE LOCATIONS AND INCLUDED EXPLORATION THROUGH SUBMARINE PODS, OCEANOGRAPHIC RESEARCH & EXPLORATION, CORALS, AND GIANT SQUID EDUCATION. THE AIM OF THIS EFFORT WAS TO EDUCATE AND ENGAGE ATTENDEES ABOUT THE VALUE AND IMPORTANCE OF THE OCEANS, IN FURTHERANCE OF OREF'S SOCIAL WELFARE PURPOSE. GULF OF AQABA EXPEDITION: IN 2022, OREF SPONSORED AN EXPEDITION TO STUDY SOME OF THE WORLD'S MOST PRODUCTIVE AND RESILIENT CORAL REEF SYSTEMS AND MOST INTERESTING SCIENTIFIC GEOLOGICAL FEATURES IN THE GULF OF AQABA. THE FOCUS OF THE EXPEDITION WAS TO BETTER UNDERSTAND THE BIODIVERSITY FOUND IN THE DEEP WATER OF THE GULF OF AQABA, AND TO UNDERSTAND WHY CORAL SYSTEMS HERE ARE MORE RESILIENT TO CLIMATE CHANGE THAN ANYWHERE ELSE IN THE WORLD. FURTHERMORE, THIS MULTIDISCIPLINARY EXPEDITION IS GOING TO HELP SERVE AS A BASELINE OF VALUABLE INFORMATION FOR RESEARCHERS AND ENVIRONMENTAL MANAGERS TO BEST PLAN CONSERVATION AREAS AND TARGETS FOR THE FUTURE OF A HEALTHY GULF OF AQABA. 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 / DIRECTOR EX OFFICIO) 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 AND DIRECTORS OF OREF, AND THEIR FAMILY MEMBERS AND BUSINESSES FOR WHICH THEY OWN 35% OR MORE. 2. CONFLICT OF INTEREST DISCLOSURES ARE MADE VIA AN ANNUAL DISCLOSURE STATEMENT THAT COVERED PERSONS ARE REQUIRED TO REVIEW AND SIGN. 3. UPON A COVERED PERSON'S DISCLOSURE OF AN INTEREST IN A TRANSACTION, THE INTERMEDIATE SANCTIONS AND CONFLICTS OF INTEREST COMMITTEE, IN CONSULTATION WITH COUNSEL IF NECESSARY, WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. 4. IF IT IS DETERMINED THAT A CONFLICT EXISTS OR THAT THERE IS AN APPEARANCE OF A CONFLICT, THE TRANSACTION MAY BE APPROVED ONLY UPON A VOTE OF A MAJORITY OF THE DISINTERESTED MEMBERS OF THE INTERMEDIATE SANCTIONS AND CONFLICTS OF INTEREST COMMITTEE, OR, IF THERE ARE NO DISINTERESTED COMMITTEE MEMBERS, BY UNANIMOUS VOTE OF THE COMMITTEE MEMBERS. THE COVERED PERSON MAY BE PRESENT FOR THE DISCUSSION IN ORDER TO RESPOND TO QUESTIONS AND ELABORATE ON THE INFORMATION PRESENTED. UPON REQUEST OF THE DISINTERESTED COMMITTEE MEMBERS, THE COVERED PERSON WILL BE REQUIRED TO EXCUSE HIMSELF OR HERSELF FROM THE VOTE ON THE TRANSACTION. IN ANY EVENT, THE COVERED PERSON, IF A MEMBER OF THE INTERMEDIATE SANCTIONS AND CONFLICTS OF INTEREST COMMITTEE, WILL ABSTAIN FROM VOTING ON THE TRANSACTION EXCEPT INSOFAR AS THE POLICY REQUIRES A UNANIMOUS VOTE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G MARINE CREW FEES: PROGRAM SERVICE EXPENSES 7,111,702. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,111,702. MARINE EQUIPMENT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 1,603,845. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,603,845. CONSULTING: PROGRAM SERVICE EXPENSES 1,724,849. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,724,849. ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 1,030,373. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,030,373. OTHER MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 500,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 500,000. OCEANX MEDIA LLC ONE NYALA FARMS ROAD WESTPORT CT 06880 463217276 NONPROFIT MEDIA COMPANY NY 1058297 4550811 OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION GREENWICH MARITIME SERVICES LTD ONE NYALA FARMS ROAD WESTPORT CT 06880 981070262 HOLDING COMPANY FOR SCIENCE AND MEDIA VESSEL CJ 20027772 174099525 OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION MARINE 1 LLC ONE NYALA FARMS ROAD WESTPORT CT 06880 843004874 HOLDING COMPANY FOR A HELICOPTER CT 3225 2625065 GREENWICH MARITIME SERVICES LTD DALIO FAMILY FUND ONE NYALA FARMS ROAD WESTPORT CT 06880 831575536 SOCIAL WELFARE DE 501(C)(4) N/A N/A 1 DALIO FOUNDATION INC ONE NYALA FARMS ROAD WESTPORT CT 06880 431965846 GRANTMAKING CT 501(C)(3) PF N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DALIO FAMILY FUND INC C 10000000 BOOK VALUE