2025-02-05T11:09:47-06:00 2022-12-31 541019610 CST GROUP CPAS PC 10740 PARKRIDGE BLVD 5TH FLOOR RESTON VA 201914424 990 2022-01-01 873398574 EFI FOUNDATION EFIF 2026880010 900 17TH ST NW 1100 WASHINGTON DC 20006 JOSEPH S HEZIR TREASURER 2026880010 2025-02-05 1 0 JOHN M PERSIL P00568140 7033912000 2025-02-05 2022 2025-03-06 01:10:19Z X JOSEPH S HEZIR 900 17TH ST NW 1100 WASHINGTON DC 20006 3416194 0 X HTTPS://EFIFOUNDATION.ORG/ X 2021 DC EDUCATING THE PUBLIC ON TECHNOLOGY AND POLICY INNOVATION TO ACCELERATE THE CLEAN ENERGY TRANSITION. 7 4 5 0 0 0 0 3416194 0 0 0 0 0 0 0 3416194 0 0 0 0 0 1079393 0 0 63244 0 449695 0 1529088 0 1887106 0 2591182 0 704076 0 1887106 X THE FOUNDATION BUILDS ON THE WORK OF ENERGY FUTURES INITIATIVE (EFI), ESTABLISHED BY ERNEST J. MONIZ, THE 13TH U.S. SECRETARY OF ENERGY. BY CONVENING POLICYMAKERS, SCIENTISTS, LABOR AND INDUSTRY LEADERS, THE EFI FOUNDATION IDENTIFIES PATHWAYS TO INCREASE ENERGY SECURITY, DECARBONIZE THE ECONOMY AND CREATE NEW JOBS. THE FOUNDATION ADHERES TO THE PRINCIPLE OF ANALYTICAL INDEPENDENCE. ALL EFI FOUNDATION REPORTS, AS WELL AS THE LEGACY WORK OF THE ENERGY FUTURES INITIATIVE, ARE AVAILABLE AT WWW.EFIFOUNDATION.ORG. 0 0 1462775 THE FOUNDATION BUILDS ON THE WORK OF ENERGY FUTURES INITIATIVE (EFI), ESTABLISHED BY ERNEST J. MONIZ, THE 13TH U.S. SECRETARY OF ENERGY. BY CONVENING POLICYMAKERS, SCIENTISTS, LABOR AND INDUSTRY LEADERS, THE EFI FOUNDATION IDENTIFIES PATHWAYS TO INCREASE ENERGY SECURITY, DECARBONIZE THE ECONOMY AND CREATE NEW JOBS. THE FOUNDATION ADHERES TO THE PRINCIPLE OF ANALYTICAL INDEPENDENCE. ALL EFI FOUNDATION REPORTS, AS WELL AS THE LEGACY WORK OF THE ENERGY FUTURES INITIATIVE, ARE AVAILABLE AT WWW.EFIFOUNDATION.ORG. THE FOUNDATION BEGAN ITS NEW WORK IN EARNEST IN 2022, AND CONSEQUENTLY IT WAS A YEAR OF FORMATION AND INITIATION. THE FOUNDATION LAUNCHED A NEW INITIATIVE, THE ENERGY FUTURES FINANCE FORUM, A NOVEL EFFORT TO IDENTIFY POLICIES AND MEASURES TO EXPAND THE ATTRACTIVENESS OF INVESTMENT OPPORTUNITIES IN CLEAN ENERGY TO A BROADER CROSS-SECTION OF THE INVESTOR COMMUNITY. IN ADDITION, THE FOUNDATION LAUNCHED A NEW STUDY INITIATIVE TO EXAMINE OPPORTUNITIES TO IMPROVE THE EFFECTIVENESS, EFFICIENCY AND AGILITY OF FEDERALLY FUNDED ENERGY INNOVATION PROGRAMS AND PROJECTS. 1462775 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 DC X EFI FOUNDATION 2026691563 900 17TH ST NW SUITE 1101 WASHINGTON DC 20006 JOSEPH S HEZIR EVP AND TREASURER 20.00 X X 68750 0 0 ERNEST J MONIZ CEO AND DIRECTOR 10.00 X X 11458 0 0 MELANIE A KENDERDINE EVP AND SECRETARY 20.00 X X 68750 0 0 JEANETTE PABLO DIRECTOR 1.00 X 0 0 0 RICHARD MESERVE DIRECTOR 1.00 X 0 0 0 CHARLES CURTIS DIRECTOR 1.00 X 0 0 0 FRANCES BEINECKE DIRECTOR 1.00 X 0 0 0 JEFFERY BROWN PROGRAM DIRECTOR 40.00 X 169667 0 0 318625 0 0 2 0 1 0 HOLLAND & KNIGHT LLP 800 17TH STREET NW STE 1100 WASHINGTON DC 20006 LEGAL 105415 1 3416194 3416194 3416194 0 0 0 X 148958 148958 878227 814983 63244 12149 12149 40059 40059 110415 110415 6333 6333 187496 187496 2175 2175 3254 3254 34415 34415 74902 74902 504 504 2403 2403 DUES AND SUBSCRIPTIONS 12553 12553 PUBLIC EDUCATION OUTREA 8749 8749 OTHER EXPENSES 6496 6334 162 1529088 1462775 3069 63244 2530732 2762 552 0 2210 51800 6440 0 2591182 130370 0 573706 0 704076 X 43793 1843313 0 1887106 0 2591182 1887106 0 X X 0 1 X 1 0 X 3416194 3416194 3416194 3416194 2996145 420049 3416194 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2762 552 2210 2210 CREDIT CARD LIABILITY 1345 GRANT PAYMEMTS IN ADVANCE 426111 PAYROLL LIABILITIES 146250 573706 X 3416194 0 3416194 0 3416194 1529088 0 1529088 0 1529088 PART X, LINE 2: UNDER THE PROVISIONS OF STATEMENT OF FINANCIAL ACCOUNTING STANDARDS, ASC TOPIC 740, INCOME TAXES (ASC 740), THE FOUNDATION IS REQUIRED TO DISCLOSE UNRECOGNIZED TAX BENEFITS. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY ASC 740 AND ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE FOUNDATION HAD NO MATERIAL UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2022 THAT REQUIRE DISCLOSURE OR RECOGNITION. X X X X 0 0 0 0 0 0 0 0 0 JEFFERY BROWN PROGRAM DIRECTOR 169667 0 0 0 0 0 0 0 0 0 169667 0 0 0 990 PART 1, LINE 8 THE FOLLOWING AMENDMENTS WERE MADE TO THE ORIGINAL SUBMISSION - SEE ATTACHED: FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S BOARD OF DIRECTORS WILL REVIEW THE 990 TAX RETURN PRIOR TO FILING TO TAX AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C FOR BOARD MEMBERS, A CONFLICT OF INTEREST REWIEW IS INCLUDED IN AN ANNUAL BOARD MEETING. FOR STAFF, THE FOUNDATION EMPLOYEE HANDBOOKS ARE SIGNED THAT THEY HAVE READ AND AGREE TO FOLLOW, INCLUDING A MANDITORY REPORTING OF CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS A COMPENSATION COMMITTEE COMPOSED OF THREE INDEPENDENT DIRECTORS ON THE BOARD WHO RECEIVE NO COMPENSATION FROM THE FOUNDATION AND DO NOT HAVE OTHER CONFLICTS OF INTEREST. THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR APPROVING THE COMPENSATION OF ALL DISQUALIFIED PERSONS (INCLUDING THOSE LISTED IN PART VI, SECTION B, LINES 15A AND 15B) IN ADVANCE. PRIOR TO MAKING ITS DETERMINATION, THE COMPENSATION COMMITTEE OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY IN THE FORM OF A STUDY DEVELOPED FROM DATA ON SIMILARLY SITUATED PUBLIC CHARITIES' FORM 990S OF COMPENSATION PAID TO PERSONS IN SIMILAR POSITIONS. THE COMPENSATION COMMITTEE ADEQUATELY AND TIMELY DOCUMENTS THE BASIS FOR ITS DETERMINATION CONCURRENTLY WITH MAKING COMPENSATION DETERMINATIONS IN THE FORM OF MEETING MINUTES AND COMMITTEE RESOLUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S FORM 990 WILL BE PUBLICLY AVAILABLE AT GUIDESTAR.ORG ALL OTHER DOCUMENTS REQUIRED BY LAW TO BE MADE PUBLICLY AVAILABLE, ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 187,496. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 187,496. 990 PART XII, LINE 2C THE FOUNDATION HAS AN AUDIT COMMITTEE THAT OVERSEES THE AUDIT PROCESS AND COMMUNICATES DIRECTLY WITH THE INDEPENDENT AUDITORS. THIS IS THE FIRST YEAR THE FOUNDATION'S FINANCIAL STATEMENTS HAVE BEEN AUDITED (DECEMBER 31, 2022). FORM 990, PART IV, LINE 12A THE FOUNDATION OBTAINED A FINANCIAL STATEMENT AUDIT AFTER THE ORIGINAL SUBMISSION OF THEIR TIMELY FILED 2022 990 TAX RETURN. THE RETURN IS AMENDED TO REFLECT CHANGES IN FINANCIAL INFORMATION AS A RESULT OF THE FINANCIAL STATEMENT AUDIT. SCHEDULE D, PARTS XI AND XII HAVE BEEN ADDED TO THE AMENDED TAX RETURN.