The Energy Foundation

“The form 990 was reviewed by the foundation's management and outside counsel. Furthermore, a copy of form 990 was provided to the audit committee and board of directors prior to filing. Board members posed any questions they had prior to filing.”

“Directors, officers, and key employees are covered under the conflict of interest (coi) policy. The policy checks on whether any director or officer or any of their family members holds a position of owner, director, officer, partner or employee of any organization that does business with ef. It also checks whether or not they are a participant in any organization that may have an interest adverse to the interests of ef or that may cause a conflict of interest in performing their duties. A director or officer deemed to have a material financial or personal interest is not allowed to participate in any discussion involving a transaction related to the coi organization and is not allowed to vote on any such transactions.”

“The executive committee of the board reviews and approves the compensation for ceo and treasurer through the use of compensation studies and other analysis. All other staff salaries are set by the ef management team and presented to the executive committee of the board for approval.”

“They will be provided upon written request.”

“The organization makes documents disclosable under section 6104(d) available to the public as required by the internal revenue code. Any in person or written requests for any of the above documents will be met by providing a copy of the documents to the requesting party.”

“Prior to july 1st, 2024, david vance wagner, jean ku, danielle fuller-wimbush, piotr kodzis, yunshu ji, and yun cai are employees of and compensated by united states energy foundation (unrelated organization), however, they perform services for the energy foundation. Their salaries and benefits are fully reimbursed by the energy foundation. After july 1st, 2024, these six individuals are full time employees of the energy foundation. In 2024, david vance wagner received $306,611 reportable compensation, $22,484 employer-paid retirement and other deferred compensation, and $40,691 health and other nontaxable benefits. Jean ku received $238,742 reportable compensation, $17,438 employer-paid retirement and other deferred compensation, and $30,079 health and other nontaxable benefits. Danielle fuller-wimbush received $196,619 reportable compensation, $14,385 employer-paid retirement and other deferred compensation, and $36,536 health and other nontaxable benefits. Piotr kodzis received $229,155 reportable compensation, $16,744 employer-paid retirement and other deferred compensation, and $31,539 health and other nontaxable benefits. Yunshu ji received $161,456 reportable compensation, $11,032 employer-paid retirement and other deferred compensation, and $31,175 health and other nontaxable benefits. Yun cai received $138,570 reportable compensation, $10,154 employer-paid retirement and other deferred compensation, and $17,061 health and other nontaxable benefits.”

“Kebin he, board member, received $2,512 compensation for consulting services to the organization in 2024.”

“Unrealized gain on foreign currency translation 107,472.”