2024-11-15T18:20:02-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2023-01-01 522106274 THOMAS ALVA EDISON FOUNDATION THOM 2025085440 701 PENNSYLVANIA AVENUE NW WASHINGTON DC 200042696 VICTORIA CALDERON CORPORATE SECRETARY 2025085440 2024-11-15 1 0 LAURA J KENNEY P00202198 6177170831 2024-11-15 2023 2024-10-15 13:58:12Z PATRICIA VINCENT-COLLAWN 701 PENNSYLVANIA AVENUE NW WASHINGTON DC 200042696 1455952 0 X WWW.EDISONFOUNDATION.NET X 1998 DC BRING THE BENEFITS OF ELECTRICITY TO FAMILIES, BUSINESSES, AND INDUSTRIES WORLDWIDE. 12 11 0 11 0 0 1506750 1455697 0 0 280 255 0 0 1507030 1455952 8000 10550 0 0 545009 555968 0 0 0 498382 547252 1051391 1113770 455639 342182 3099555 3482902 89253 130418 3010302 3352484 X THE EDISON FOUNDATION IS A 501(C)(3) CHARITABLE ORGANIZATION DEDICATED TO BRINGING THE BENEFITS OF ELECTRICITY TO FAMILIES, BUSINESSES, AND INDUSTRIES WORLDWIDE. 0 0 863224 10550 EDISON FOUNDATION INSTITUTE FOR ELECTRIC INNOVATION:THE EDISON FOUNDATION INSTITUTE FOR ELECTRIC INNOVATION (IEI) FOCUSES ON ADVANCING THE ADOPTION OF NEW TECHNOLOGIES THAT IMPROVE THE CUSTOMER EXPERIENCE BY ENHANCING HOW ELECTRIC COMPANIES ENGAGE WITH CUSTOMERS TO STRENGTHEN AND TRANSFORM THE ENERGY GRID. IEI PROMOTES THE SHARING OF INFORMATION, IDEAS, AND EXPERIENCES AMONG REGULATORS, POLICYMAKERS, TECHNOLOGY COMPANIES, THOUGHT LEADERS, AND THE ELECTRIC POWER INDUSTRY. IEI ALSO IDENTIFIES POLICIES THAT SUPPORT THE BUSINESS CASE FOR THE ADOPTION OF COST-EFFECTIVE TECHNOLOGIES. DURING CY2023, THE FOLLOWING WERE SIGNIFICANT ACCOMPLISHMENTS OF THE INSTITUTE FOR ELECTRIC INNOVATION:ANNUAL POWERING THE PEOPLE EVENTIN NOVEMBER 2023, IEI HOSTED ITS ANNUAL EVENT, WHICH FOCUSED ON THREE HIGH PRIORITY AREAS FOR THE ELECTIC POWER SECTOR: ADVANCING ENERGY AFFORDABILITY- MOVING PAST POINT SOLUTIONS; CUSTOMERS AS A RESOURCE DEMAND FLEXIBILITY, VPPS, AND THE FUTURE GRID; POTENTIALS AND PERILS OF AI. ELECTRIC COMPANIES, TECHNOLOGY COMPANIES, POLICY MAKERS, REGULATORS AND OTHER STAKEHOLDERS ATTENDED THE EVENT.IEI EXECUTIVE DIALOGUESIN 2023, IEI BROUGHT TOGETHER TECHNOLOGY COMPANY EXECUTIVES AND ELECTRIC COMPANY CEOS AND SENIOR EXECUTIVES IN AN 8-PART THOUGHT LEADERS SPEAK OUT EXECUTIVE DIALOGUE SERIES, WHICH FOCUSED ON USING TECHNOLOGY TO SUCCESSFULLY ENGAGE WITH RESIDENTIAL CUSTOMERS.NARUC BRIEFINGIN NOVEMBER 2023, IEI HOSTED A BRIEFING FOR NATIONAL ASSOCIATION OF REGULATORY UTILITY COMMISSIONER MEMBERS FOCUSED ON CUSTOMER PROGRAMS AND TECHNOLOGY SOLUTIONS TO INCREASE CUSTOMER PARTICIPATION, ESPECIALLY LOW-TO-MODERATE INCOME CUSTOMERS IN ENERGY MANAGEMENT PROGRAMS USING NEW AUTOMATION, PERSONALIZATION, AND DIGITIZATION CAPABILITIES.IEI REPORTS AND ISSUE BRIEFSEACH YEAR, IEI PUBLISHES REPORTS, ISSUE BRIEFS, AND FACT SHEETS TO IDENTIFY WHERE THE INDUSTRY IS TODAY AND TRENDS FOR THE FUTURE IN THE AREAS OF ENERGY EFFICIENCY, SMART METERS, AND CLEAN ENERGY TRENDS. IN 2023, IEI PRODUCED AN ISSUE BRIEF ON ELECTRIC COMPANY SMART METER DEPLOYMENTS AND FACTS SHEETS FOCUSED ON THE STATE OF CLEAN ENERGY IMPLEMENTATION. 137494 EDISON FOUNDATION INSTITUTE FOR THE ENERGY TRANSITION:THE EDISON FOUNDATION'S INSTITUTE FOR THE ENERGY TRANSITION (IET) FOCUSES ON ASSESSING THE KEY 24/7 ZERO-EMITTING AND RELATED TECHNOLOGIES NECESSARY TO ACHIEVING CARBON EMISSIONS REDUCTION GOALSRELIABLY AND AFFORDABLY AND PERIODICALLY UPDATING THESE ASSESSMENTS FOR ALL STAKEHOLDERS TO REFLECT SIGNIFICANT DEVELOPMENTS, INCLUDING DEPLOYMENTS AND IMPROVED ECONOMIC FUNDAMENTALS. IET ALSO FOCUSES ON IDENTIFYING SOLUTIONS TO THE LEGAL, REGULATORY, AND POLICY ISSUES THAT MUST BE ADDRESSED TO ENSURE THAT THESE TECHNOLOGIES CAN BE DEPLOYED AS SOON AS THEY ARE DEMONSTRATED AND ECONOMIC. DURING CY2023, THE FOLLOWING WERE SIGNIFICANT ACCOMPLISHMENTS OF THE INSTITUTE FOR THE ENERGY TRANSITION: IET EXECUTIVE CLEAN TECHNOLOGY DIALOGUESIN 2023, IET PARTNERED WITH MCKINSEY ON A SERIES OF CLEAN TECHNOLOGY DIALOGUES FOR TECHNOLOGY COMPANY EXECUTIVES AND ELECTRIC COMPANY CEOS AND SENIOR EXECUTIVES. THE DIALOGUES FOCUSSED ON HYDROGEN, LONG DURATION ENERGY STORAGE, CARBON CAPTURE AND STORAGE AND ADVANCED GRID TECHNOLOGIES, AS WELL AS AN OVERALL ASSESSMENT OF THE CLEAN ENERGY TECHNOLOGY LANDSCAPE.EEI 2023IET AND IEI PARTNERED WITH EEI TO ORGANIZE THE HUB SESSIONS AT EEI 2023, WHICH FEATURED TECH TALKS, PANEL DISCUSSIONS, AND CEO CONVERSATIONS FOCUSED ON NEAR- AND LONGER-TERM CLEAN ENERGY TECHNOLOGIES. GLOBAL POWER SECTOR ASSESSMENTIN 2023, IET BRIEFED MEMBERS ON KEY FINDINGS FROM THE REPORT IT ENGAGED ICF TO PRODUCE ANALYZING POWER SECTOR EMISSIONS GLOBALLY, THE KEY FINDINGS OF WHICH WILL BE TRANSLATED INTO INFOGRAPHICS AND ONE-PAGERS THAT WILL BE MADE AVAILABLE ON THE IET WEBSITE. IET WILL PUBLISH THE REPORT, WHICH CONTAINS COUNTRY AND SECTOR SPECIFIC DATA, INCLUDING DETAILED INFORMATION ON THE U.S. POWER SECTOR IN 2024. 1000718 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X VICTORIA CALDERON 2025085757 701 PENNSYLVANIA AVENUE NW WASHINGTON DC 200042696 MR THOMAS R KUHN PRESIDENT 1.00 43.00 X X 0 5597026 8803592 MR GERARD M ANDERSON CHAIR THRU 6/23, MEMBER AS OF 6/23 1.00 0.00 X 0 0 0 MR WARNER L BAXTER MEMBER THRU 6/23, CHAIR AS OF 6/23 1.00 4.00 X 0 0 0 MR NICHOLAS K AKINS MEMBER 1.00 1.00 X 0 0 0 MR CHRISTOPHER M CRANE MEMBER 1.00 0.00 X 0 0 0 MR THEODORE F CRAVER MEMBER 1.00 0.00 X 0 0 0 MR THOMAS A FANNING MEMBER 1.00 1.00 X 0 0 0 MR BENJAMIN GS FOWKE III MEMBER 1.00 0.00 X 0 0 0 MS LYNN J GOOD MEMBER 1.00 1.00 X 0 0 0 MR PEDRO J PIZARRO MEMBER 1.00 4.00 X 0 0 0 MS MARIA M POPE MEMBER 1.00 4.00 X 0 0 0 MS PATRICIA K VINCENT-COLLAWN MEMBER 1.00 1.00 X 0 0 0 MR BRIAN L WOLFF EXECUTIVE VICE PRESIDENT 1.00 44.00 X 0 1491155 701964 MS EMILY SANFORD FISHER EXECUTIVE VICE PRESIDENT 1.00 44.00 X 0 807649 149023 MR PHILIP DION SENIOR VICE PRESIDENT 1.00 44.00 X 0 420537 55293 MR JOHN S SCHLENKER TREASURER 1.00 44.00 X 0 855797 237824 MS LISA WOOD VICE PRESIDENT 4.50 40.50 X 22288 200590 66957 MR ERIC HOLDSWORTH ED, INST FOR THE ENERGY TRANSITION 11.50 33.50 X 0 301915 13986 MR ADAM COOPER ED, INST FOR ELECTRIC INNOVATION 34.00 11.00 X 190571 63524 60475 MS VICTORIA L CALDERON CORPORATE SECRETARY 1.00 43.00 X 0 234962 50193 MS STEPHANIE VOYDA SVP, COMM & MEMBER ENGAGEMENT, EEI 1.00 44.00 X 11273 552372 63036 MS NIKI NELSON SR DIR BRAND STRAT & MEMBER EXP,EEI 0.50 43.50 X 2243 222105 22743 MR STEVEN MCCUNE DIR COMM SYSTEMS & WEB STRATEGY, EEI 0.50 44.50 X 1534 151869 12536 MS NANAKO HISAMICHI SR MGR ENERGY RESEARCH & PARTNERSHIPS 45.00 0.00 X 141570 0 27671 369479 10899501 10265293 2 0 1 0 0 1450697 5000 1455697 255 255 1455952 0 0 255 X 10550 10550 259160 259160 228541 228541 18176 18176 24446 24446 25645 25645 2620 2620 19663 19663 139783 139783 9045 8781 264 1316 299 1017 20769 20769 95777 95777 ALLOCATED EEI EXPENSES 156604 67116 89488 DUES & SUBSCRIPTIONS 101042 101042 GIFTS 633 633 1113770 1000718 113052 0 2633117 2420264 7583 1592 458855 1061046 3099555 3482902 80753 117017 8500 8053 0 5348 89253 130418 X 2760302 2982484 250000 370000 3010302 3352484 3099555 3482902 342182 0 X 0 1 X 1 0 X 1342514 1257916 1234916 1506750 1455697 6797793 1342514 1257916 1234916 1506750 1455697 6797793 1426522 5371271 4280 3000 285 280 255 8100 6805893 0.78920 0.79990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM AFFILIATE 1061046 1061046 DUE TO AFFILIATE 5348 5348 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 1 MIDWEST ENERGY EFFICIENCY ALLIANCE 20 N WACKER DRIVE SUITE 1301 CHICAGO IL 60606 364352022 501(C)(3) 8050 0 N/A N/A PROGRAM SUPPORT 1 0 PART I, LINE 2: TAEF MADE A GRANT TO A SECTION 501(C)(3) PUBLIC CHARITY AND DOES NOT MONITOR USE AFTER FUNDS HAVE BEEN AWARDED. 1 1 0 0 0 0 0 0 0 MR THOMAS R KUHN PRESIDENT 0 1202323 0 1329420 0 3065283 0 8764772 0 38820 0 14400618 0 1639066 MR BRIAN L WOLFF EXECUTIVE VICE PRESIDENT 0 900757 0 577000 0 13398 0 688557 0 13407 0 2193119 0 0 MR JOHN S SCHLENKER TREASURER 0 319538 0 138000 0 398259 0 208601 0 29223 0 1093621 0 0 MS EMILY SANFORD FISHER EXECUTIVE VICE PRESIDENT 0 540088 0 263000 0 4561 0 131732 0 17291 0 956672 0 0 MS STEPHANIE VOYDA SVP, COMM & MEMBER ENGAGEMENT, EEI 7915 387840 3240 158760 118 5772 763 37364 498 24411 12534 614147 0 0 MR PHILIP DION SENIOR VICE PRESIDENT 0 327067 0 50000 0 43470 0 29000 0 26293 0 475830 0 0 MR ERIC HOLDSWORTH ED, INST FOR THE ENERGY TRANSITION 0 259717 0 37700 0 4498 0 13325 0 661 0 315901 0 0 MR ADAM COOPER ED, INST FOR ELECTRIC INNOVATION 164559 54853 24750 8250 1262 421 26882 8961 18474 6158 235927 78643 0 0 MS LISA WOOD VICE PRESIDENT 7774 69962 12900 116100 1614 14528 6385 57463 311 2798 28984 260851 0 0 MS VICTORIA L CALDERON CORPORATE SECRETARY 0 204078 0 29400 0 1484 0 30452 0 19741 0 285155 0 0 MS NIKI NELSON SR DIR BRAND STRAT & MEMBER EXP,EEI 2041 202095 185 18315 17 1695 0 0 227 22516 2470 244621 0 0 MS NANAKO HISAMICHI SR MGR ENERGY RESEARCH & PARTNERSHIP 130054 0 9600 0 1916 0 14962 0 12709 0 169241 0 0 0 MR STEVEN MCCUNE DIR COMM SYSTEMS & WEB STRATEGY, EEI 1431 141663 68 6732 35 3474 0 0 125 12411 1659 164280 0 0 PART I, LINE 3 COMPENSATION IS SET BY THE EDISON ELECTRIC INSTITUTE, A RELATED ORGANIZATION, BASED ON RESULTS FROM COMPENSATION SURVEYS, FORM 990 OF OTHER ORGANIZATIONS AND A REVIEW BY AN INDEPENDENT CONSULTANT ON AN ANNUAL BASIS. THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE RELATED ORGANIZATION'S COMPENSATION COMMITTEE AND APPROVED BY THE RELATED ORGANIZATION'S EXECUTIVE COMMITTEE AND BOARD. PART I, LINES 4A-B JOHN SCHLENKER, CHIEF FINANCIAL OFFICER OF EDISON ELECTRIC INSTITUTE, INC., A RELATED ORGANIZATION, RECEIVED $342,784 SEVERANCE PAY FROM THE RELATED ORGANIZATION UPON HIS RETIREMENT AFTER 30 YEARS OF SERVICE. THESE ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). THOMAS KUHN EARNED BENEFITS OF $10,856,142 UNDER NON-QUALIFIED PLANS. CURRENT AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AND COLUMN (C). IN ADDITION TO THE BENEFITS LISTED ABOVE IN PART I, LINE 4B, THE EDISON ELECTRIC INSTITUTE PROVIDES NON-QUALIFIED DEFERRED COMPENSATION PLANS FOR ELIGIBLE MANAGEMENT EMPLOYEES. CURRENT YEAR AMOUNTS ARE INCLUDED IN SCH J, PART II, COLUMN (C). FOR A FROZEN GROUP OF ELIGIBLE MANAGEMENT EMPLOYEES, THESE NON-QUALIFIED PLAN BENEFITS ARE VESTED ONE YEAR AFTER SEPARATION FROM SERVICE FROM EEI PROVIDED THE EMPLOYEE SEPARATES ON OR AFTER ATTAINING AGE 55 AND COMPLETING FIVE OR MORE YEARS OF SERVICE OR ATTAINING AGE 65 AND SATISFYING THE RESTRICTIVE COVENANTS OF A CONFIDENTIAL INFORMATION, NON-COMPETITION AND NON-SOLICITATION AGREEMENT. FOR A SECOND GROUP OF ELIGIBLE MANAGEMENT EMPLOYEES, THE NON-QUALIFIED PLAN BENEFITS ARE VESTED ON THE ELIGIBLE EMPLOYEE'S RETIREMENT DATE WHICH OCCURS ON OR AFTER ATTAINING THE AGE OF 55 AND COMPLETING FIVE OR MORE YEARS OF SERVICE OR ATTAINING THE AGE OF 65. EMILY FISHER $111,620 JOHN SCHLENKER $221,745 BRIAN WOLFF $666,757 LISA WOOD $46,305 STEPHANIE VOYDA $30,160 PHILIP DION $300 FORM 990, PART VI, SECTION A, LINE 2 THOMAS KUHN, BRIAN WOLFF, EMILY FISHER, JOHN SCHLENKER, PHILIP DION, LISA WOOD, STEPHANIE VOYDA, ERIC HOLDSWORTH, ADAM COOPER, VICTORIA CALDERON, NIKI NELSON, STEVEN MCCUNE, NANAKO HISAMICHI HAVE A BUSINESS RELATIONSHIP AS THEY WERE ALL EMPLOYED BY EEI, A RELATED ORGANIZATION FOR WHICH KUHN, WOLFF, FISHER, SCHLENKER, DION, WOOD, AND VOYDA SERVED AS OFFICERS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERS. CLASS A MEMBERSHIP IS COMPRISED OF THE EDISON ELECTRIC INSTITUTE. CLASS B MEMBERSHIP SHALL BE THE PERSONS CONSTITUTING THE VOTING MEMBERS OF EDISON ELECTRIC INSTITUTE. FORM 990, PART VI, SECTION A, LINE 7A THE CLASS A MEMBER SHALL HAVE THE EXCLUSIVE RIGHT TO ELECT DIRECTORS TO SUCCEED THE INITIAL DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE CLASS A MEMBER SHALL HAVE NO LIMITATION ON THE VOTING POWER OR AUTHORITY, EXCEPT AS MAY BE PROVIDED IN THE BYLAWS. THE CLASS A MEMBER SHALL HAVE THE POWER TO REPEAL OR AMEND THE BYLAWS, OR ADOPT NEW BYLAWS. CLASS B MEMBERS ARE PROVIDED THE RIGHTS, PRIVILEGES, OBLIGATIONS AND RESPONSIBILITIES OF CLASS B MEMBERS AS PRESCRIBED BY THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE CPA FIRM AND REVIEWED BY ORGANIZATION'S MANAGEMENT IN ADVANCE OF FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ADOPTED THE WRITTEN CONFLICT OF INTEREST POLICIES OF EDISON ELECTRIC INSTITUTE, INC (EEI) FOR ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES. EEI'S EMPLOYEE HANDBOOK AND CODE OF CONDUCT HAVE BEEN DISTRIBUTED TO ALL EMPLOYEES AND ARE ON EEI'S INTRANET SITE. THESE DOCUMENTS INCLUDE, IN PART, EEI'S CORE VALUES, OPERATING PRINCIPLES, CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY, WHICH INCLUDES A CONFIDENTIAL 800 TELEPHONE NUMBER. PERIODIC REMINDERS ARE GIVEN. EEI HAS A WRITTEN DIRECTOR'S CONFLICT OF INTEREST POLICY, APPLICABLE TO ALL MEMBERS OF ITS BOARD OF DIRECTORS, WHICH WAS FORMALLY ADOPTED BY EEI'S BOARD. PERIODIC REMINDERS ARE GIVEN. EEI ALSO HAS A CORPORATE COMPLIANCE OFFICER, A VENDOR CODE OF CONDUCT POLICY, AND A POLICY AND PROCEDURE FOR REPORTING VIOLATIONS OF THE CODE OF CONDUCT AS WELL AS CONCERNS ABOUT THE USE OF EEI'S CORPORATE RESOURCES AND FINANCIAL REPORTING. THERE HAS NOT BEEN A VIOLATION OF THE CONFLICT OF INTEREST POLICIES; ALTHOUGH WE STAND READY TO ENFORCE THE POLICIES IN APPROPRIATE CIRCUMSTANCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC; HOWEVER, THE BALANCE SHEET AND INCOME STATEMENT CAN BE FOUND ON THE FORM 990 WHICH IS MADE AVAILABLE TO THE PUBLIC ON VARIOUS WEB SITES AND UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 139,783. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 139,783. EDISON ELECTRIC INSTITUTE 701 PENNSYLVANIA AVENUE NW WASHINGTON DC 200042696 130659550 TO PROVIDE A FORUM FOR THE ELECTRIC POWER INDUSTRY VA 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 EDISON ELECTRIC INSTITUTE N 183022 FMV EDISON ELECTRIC INSTITUTE O 653651 FMV EDISON ELECTRIC INSTITUTE S 1340329 CASH