2026-08-25T20:19:29-05:00 2025-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2025-01-01 994197957 FOUNDATION FOR ENERGY SECURITY AND INNOVATION INC FOUN 2069190809 2200 WILSON BLVD SUITE 102-215 ARLINGTON VA 222013324 RICHARD STOCKBURGER CEO 2069190809 2026-08-25 1 ELIZABETH W HELLER P00397829 3019519090 2025 2025-03-06 01:10:19Z X RICHARD STOCKBURGER 2200 WILSON BLVD SUITE 102-215 ARLINGTON VA 222013324 10629764 0 X WWW.FESI.ORG X 2024 DE SEE PART III, LINE 1. 12 12 4 13 0 0 2922001 10596000 0 0 0 33764 0 0 2922001 10629764 0 41500 0 0 0 462408 0 0 76653 352707 1711956 352707 2215864 2569294 8413900 2859699 11473970 290405 490776 2569294 10983194 X THE FOUNDATION FOR ENERGY SECURITY AND INNOVATION (FESI) PARTNERS WITH THE US DEPARTMENT OF ENERGY (DOE) TO ACCELERATE INNOVATIVE SOLUTIONS IN SUPPORT OF AMERICAN ENERGY SECURITY, PROSPERITY, AND LEADERSHIP. THE FOUNDATION SERVES AS A CONDUIT BETWEEN THE PRIVATE SECTOR, ENERGY RESEARCHERS, AND FUNDERS TO HELP ACCELERATE THE COMMERCIALIZATION OF ENERGY TECHNOLOGIES. 0 0 620750 41500 ONE OF THE FOUNDATION'S MOST VALUABLE ASSETS IS ITS ABILITY TO HELP SCALE ENERGY INNOVATION BY BRINGING RESOURCES AND FUNDING TO MOVE OPPORTUNITIES FROM RESEARCH AND DEVELOPMENT TO SUCCESSFUL MARKET DEPLOYMENT.IN THE SPRING OF 2025, THE FOUNDATION HELPED SUPPORT SOME OF THE NATION'S MOST PROMISING ENERGY INNOVATION STARTUPS AND SMALL BUSINESSES DURING THE EPIC PITCH COMPETITION IN SAN ANTONIO, TEXAS. ALONGSIDE THE DOE, THE FOUNDATION ALSO HOSTED TWO INDUSTRY, SCIENCE, AND TECHNOLOGY ROUNDTABLE DISCUSSIONS TO ADDRESS CHALLENGES AND OPPORTUNITIES OF AI AND FUSION RESPECTIVELY. DISCUSSIONS FROM THE AI ROUNDTABLE DIRECTLY INFORMED WHAT BECAME THE GENESIS EXECUTIVE ORDER, REINFORCING THE IMPORTANCE OF FESI'S ROLE AS A NEUTRAL TABLE SETTER THAT CAN CONVENE LEADERS, SURFACE ALIGNMENT, AND CATALYZE ACTION. 620750 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 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 0 0 0 0 1 7 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X NICHOLAS SCHARLE 2026172615 5335 WISCONSIN AVE NW STE 440 WASHINGTON DC 20015 MIRANDA BALLENTINE CHAIR 0.50 X X 0 0 0 STEPHEN PEARSE VICE CHAIR 0.50 X X 0 0 0 VICKY BAILEY SECRETARY 0.50 X X 0 0 0 NANCY PFUND TREASURER 0.50 X X 0 0 0 KATIE MCGINTY DIRECTOR 0.50 X 0 0 0 DR NOEL BAKHTIAN DIRECTOR 0.50 X 0 0 0 RITA BARANWAL DIRECTOR 0.50 X 0 0 0 MIKE BOOTS DIRECTOR 0.50 X 0 0 0 DR MUNG CHIANG DIRECTOR 0.50 X 0 0 0 NOELLE LAING DIRECTOR 0.50 X 0 0 0 TOMEKA MCLEOD DIRECTOR 0.50 X 0 0 0 JASON WALSH DIRECTOR 0.50 X 0 0 0 RUDOLPH WYNTER DIRECTOR (UNTIL 7/25) 0.50 X 0 0 0 RICHARD STOCKBURGER CHIEF EXECUTIVE OFFICER 40.00 X 331691 0 10227 331691 0 10227 1 0 1 0 CONVERGE STRATEGIES LLC 50 HOLBROOK ST BOSTON MA 02130 MANAGEMENT CONSULTING 645613 GINA ANSTEY LLC 903 21ST AVE E SEATTLE WA 98112 COO SERVICES 183300 ARONLD PORTER KAY SCHOLER 601 MASSACHUSETTS AVE NW WASHINGTON DC 20001 LEGAL COUNSEL 131586 3 3000000 7596000 10596000 33764 33764 10629764 0 0 33764 X 41500 41500 341919 205151 85480 51288 87960 10811 74446 2703 5457 1706 3325 426 27072 13536 10152 3384 115626 115626 35400 35400 1365225 236806 1128419 8216 4108 3081 1027 26837 13419 10064 3354 8253 4127 3095 1031 54818 27409 20557 6852 63258 49490 10326 3442 8555 8555 LICENSES & REGISTRATION 25165 12582 9437 3146 PAYROLL SERVICES 603 105 498 2215864 620750 1518461 76653 2855999 601074 7858107 3000000 3700 14789 2859699 11473970 290405 490776 290405 490776 X 2569294 10983194 2569294 10983194 2859699 11473970 8413900 0 X 0 1 X 1 0 X 2922001 10596000 13518001 2922001 10596000 13518001 13518001 33764 33764 13551765 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 10629764 0 10629764 0 10629764 2215864 0 2215864 0 2215864 1 INFINION TECHNOLOGY INC 2128 HARVARD ST PALO ALTO CA 94306 993044593 10000 0 EPIC PITCH AWARD ANACTISIS LLC 201 N BRADDOCK AVE STE 616 PITTSBURGH PA 15201 474113636 10000 0 EPIC PITCH AWARD DIG ENERGY INC 150 DOW ST STE 323 MANCHESTER NH 03101 922540712 10000 0 EPIC PITCH AWARD ADVANCED TECHNOLOGY INTERNATIONAL 315 SIGMA DR SUMMERVILLE SC 29486 571067151 10000 0 EPIC PITCH AWARD 0 4 PART I, LINE 2: ALL CONTRIBUTIONS WERE AWARDS TO FINALISTS AND WINNERS OF THE DOE'S EPIC PITCH COMPETITION. NO MONITORING WAS NECESSARY AS A RESULT. X X X 0 0 0 0 0 0 0 0 0 RICHARD STOCKBURGER CHIEF EXECUTIVE OFFICER 331691 0 0 0 0 0 0 0 10227 0 341918 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 FESI UTILIZES CONVERGE STRATEGIES FOR MANAGEMENT SERVICES. THEY WERE PAID $645,613 FOR CALENDAR YEAR 2025. FESI ALSO UTILIZED A CONTRACTOR, GINA ANTSEY, FOR CHIEF OPERATING OFFICER SERVICES. GINA RECEIVED PAYMENT OF $183,300 FOR HER SERVICES IN CALENDAR YEAR 2025. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPILED BY AN EXTERNAL CPA. IT IS THEN PROVIDED TO THE BOARD OF DIRECTORS AND INTERIM COO FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE COMPLIANCE OFFICER WILL CONDUCT AN INITIAL REVIEW OF INTERESTS REPORTED ON THE DISCLOSURE STATEMENTS. UPON IDENTIFICATION OF A POTENTIAL CONFLICT OF INTEREST, THE COMPLIANCE OFFICER WILL PRESENT THE MATTER TO THE BOARD TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. AFTER REVIEW OF ALL MATERIAL FACTS REGARDING THE RELEVANT TRANSACTION OR ARRANGEMENT AND THE INTERESTED PERSON'S INTEREST IN SUCH TRANSACTION OR ARRANGEMENT, THE BOARD MUST DETERMINE WHETHER THE ORGANIZATION IS ENTERING INTO THE TRANSACTION OR ARRANGEMENT FOR ITS OWN BENEFIT, AND WHETHER THE TRANSACTION OR ARRANGEMENT IS FAIR AND REASONABLE TO THE ORGANIZATION AT THE TIME OF SUCH DETERMINATION. THE BOARD MAY ALSO OBTAIN DATA AS TO COMPARABILITY, AND/OR CONSIDER WHETHER THE ORGANIZATION IS ABLE OBTAIN A MORE ADVANTAGEOUS ALTERNATE ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A IN REVIEWING AND APPROVING THE COMPENSATION OF THE CEO, THE BOARD, OR A PERSON(S) OR BODY WITH THE BOARD'S DELEGATED AUTHORITY (REFERRED TO AS THE "APPROVAL BODY" BELOW), WILL UTILIZE THE FOLLOWING PROCESS: A. IMPARTIAL DECISION MAKERS. THE COMPENSATION ARRANGEMENT MUST BE APPROVED IN ADVANCE (BEFORE ANY PAYMENT IS MADE) BY THE APPROVAL BODY, COMPOSED ENTIRELY OF AN INDIVIDUAL OR INDIVIDUALS WHO DO(ES) NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT (E.G., NEITHER THE EXECUTIVE WHOSE COMPENSATION IS BEING DETERMINED NOR ANY OF HIS/HER FAMILY MEMBERS MAY BE PRESENT DURING THE DISCUSSION/DEBATE OR PARTICIPATE IN THE VOTE ON SUCH COMPENSATION). FOR THE COMPENSATION OF ALL EMPLOYEES OF FESI OTHER THAN THE CEO, IT IS APPROPRIATE FOR SUCH COMPENSATION TO BE SET BY THE CEO, FOLLOWING THE PROCESS DETAILED HEREIN AND WITHIN THE OVERALL BUDGET APPROVED BY THE BOARD. B. COMPARABILITY DATA. WHEN THE APPROVAL BODY IS CONSIDERING COMPENSATION TO BE PAID TO THE COVERED INDIVIDUAL, IT MUST RELY ON COMPARABILITY DATA THAT DEMONSTRATE THE FAIR MARKET VALUE OF THE COMPENSATION IN QUESTION. FOR EXAMPLE, WHEN CRAFTING COMPENSATION PACKAGES, THE APPROVAL BODY MUST SECURE DATA THAT DOCUMENTS COMPENSATION LEVELS FOR SIMILARLY QUALIFIED INDIVIDUALS IN LIKE POSITIONS AT LIKE ORGANIZATIONS (E.G., COMPARABLE ORGANIZATION SIZE (TYPICALLY MEASURED BY BUDGET SIZE AND/OR NUMBER OF EMPLOYEES), STRUCTURE, GEOGRAPHIC LOCATION, AND TYPE OF PROGRAMS AND ACTIVITIES). THIS DATA MAY INCLUDE THE FOLLOWING: I. COMPENSATION STUDIES BY INDEPENDENT VALUATION FIRMS; II. WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS; III. DOCUMENTED TELEPHONE CALLS OR EMAILS ABOUT SIMILAR POSITIONS AT BOTH NONPROFIT AND FOR-PROFIT ORGANIZATIONS; AND/OR IV. INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF COMPARABLE ORGANIZATIONS. C. CONCURRENT DOCUMENTATION. THE APPROVAL BODY MUST DOCUMENT HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED. TO QUALIFY AS CONCURRENT DOCUMENTATION, WRITTEN OR ELECTRONIC RECORDS OF THE APPROVAL BODY (SUCH AS MEETING MINUTES) MUST NOTE: I. THE TERMS OF THE COMPENSATION AND THE DATE IT WAS APPROVED; II. THE MEMBERS OF THE APPROVAL BODY WHO WERE PRESENT DURING THE DEBATE ON THE COMPENSATION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; III. THE COMPARABILITY DATA OBTAINED AND RELIED UPON AND HOW THE DATA WAS OBTAINED; AND IV. ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE APPROVAL BODY BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DID NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 144,684. MANAGEMENT AND GENERAL EXPENSES 689,442. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 834,126. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 92,122. MANAGEMENT AND GENERAL EXPENSES 438,977. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 531,099.