Fermi Research Alliance LLC

“Juan de pablo and eric isaacs are employed by the university of chicago, whose president is robert zimmer.”

“ROBERT ZIMMER - Business relationship, ERIC ISAACS - Business relationship, MARTA CEHELSKY - Business relationship, JUAN DE PABLO - Business relationship”

“The University of Chicago and Universities Research Association represent the members of the organization. The percentage interest of each Member is fifty percent. The University President is the Chairman of the Board of Directors, and presides over the Board of Directors. The Chairman is a voting member of the Board of Directors, and only the Chairman's vote shall be deciding in the event of a tie.”

“Matters solely in the Province of the Members, Universities Research Association, Inc. and University of Chicago: - Amend the Operating Agreement or Articles of Organization; - Admit new members; - Reallocation of the fee; - Distributions to members; - Capital contributions to the company; - Create additional officer positions for the company not already provided for; - Appoint or fill vacancies for officer positions; - Material modifications to the DOE contract impacting responsibilities, obligations or liabilities of members.”

“Decisions of governing body subject to approval of the members: - Appoint or remove the company's auditors; - Engage in certain types of business; - Acquire any entity; - Sell, reorganize, merge, consolidate, dissolve, wind-up, liquidate, or otherwise change the corporate form, structure, or control of company; - Sell, assign, or otherwise transfer or dispose of, or mortgage, pledge, or otherwise encumber any asset or property of the company, other than in the ordinary course of the company's business and on arm's-length terms; - Material modification of the contract proposed by the DOE; - Institute, compromise, settle any litigation, arbitration proceeding or settlement with the DOE or the U.S. Government; - Purchase, acquire or obtain any assets, either outside the scope of the company's business, or not on arms-length terms; - Enter into any joint ventures or partnerships or establish any subsidiaries; - Commence any proceeding or file any petition seeking relief under any bankruptcy or insolvency law; - Enter into certain contracts or agreements.”

“The organization did not utilize committees with broad authority to act on behalf of the organization's governing body during the tax year. This question has been answered "No" in accordance with the Form 990 instructions.”

“The Audit Committee has been designated to review Form 990 in detail along with FRA's management and outside accountants, Crowe LLP. Once reviewed, Form 990 will be available on a secure website for all directors prior to filing.”

“The organization's conflict of interest policy covers any director, principal officer, or member of a committee with governing board delegated powers (compensated or uncompensated), who has a direct or indirect financial interest. The governing board and all committees with board delegated powers shall review any conflicts of interests disclosed or otherwise found and will document discussions and resulting actions in the minutes. Each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. has received a copy of the conflicts of interest policy, b. has read and understands the policy, c. has agreed to comply with the policy, and d. understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“The process for determining the President's compensation includes the following: - Review and approval by the Executive and Governance Committee; - Use of comparable compensation data; - Documentation and record keeping with respect to the deliberation and decision making process. This process is conducted annually.”

“The process for determining the compensation of other officers and key employees includes the following: - Review and approval by the Executive and Governance Committee; - Use of comparable compensation data; - Documentation and record keeping with respect to the deliberation and decision making process. This process is conducted annually.”

“The organization makes most of its governing documents, its conflict of interest policy, and its financial statements available to the public upon request.”

“Revenue from the Department of Energy contract has been classified for Form 990 purpose as contribution and grants. The contract serves the general public.”

“Subcontracts / Consultant Fees - Total Expense: 85961943, Program Service Expense: 85676360, Management and General Expenses: 285583, Fundraising Expenses: ;”

“Distributions to members - -2663551;”