Oceanographic Research & Exploration

“Mark dalio, matthew dalio, and devon dalio have a family relationship.”

“The oref advisory committee does not have authority to act on behalf of the governing body and was created to provide advice to the board with respect to the corporation's programs and activities. No advisory board meetings were held during 2018.”

“Janine racanelli (president / director) 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.”

“1. Covered persons are officers, directors and key staff of oref. 2. Conflict of interest disclosures are made via an annual disclosure statement that directors are required to review and sign. 3. Upon a covered person's disclosure of an interest in a transaction, the board, 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 directors, or, if there are no disinterested directors, by unanimous vote of the directors. 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 directors, 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 director of oref, will abstain from voting on the transaction except insofar as the policy requires a unanimous vote.”

“Documents are available upon request.”

“The foundation has four volunteer board members.”

“During 2018, oref did not solicit contributions.”