Electric Power Research Institute Inc

Organization Overview

Electric Power Research Institute Inc is located in Palo Alto, CA. The organization was established in 1972. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Electric Power Research Institute Inc employed 1,228 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electric Power Research Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Electric Power Research Institute Inc generated $431.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $414.4m during the year ending 12/2020. While expenses have increased by 1.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Electric Power Research Institute Inc has awarded 108 individual grants totaling $8,644,841. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO CONDUCT RESEARCH AND DEVELOPMENT RELATING TO GENERATION, DELIVERY AND USE OF ELECTRICITY FOR THE BENEFIT OF THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EPRI'S MISSION IS TO CONDUCT RESEARCH & DEVELOPMENT THROUGH SCIENCE AND TECHNOLOGY WITH A VIEW OF PROVIDING BENEFITS TO ITS MEMBERS' CUSTOMERS AND THE U.S. PUBLIC. TO ACCOMPLISH THIS OBJECTIVE, EPRI DEVELOPS AND MANAGES RESEARCH AND DEVELOPMENT PROGRAMS FOR IMPROVING ENERGY GENERATION, DELIVERY AND USAGE. PROGRAM SERVICE EXPENSES ARE DIRECT CHARGES TO THE RESEARCH PROGRAMS. CERTAIN INDIRECT EXPENSES ARE INCLUDED IN THE MANAGEMENT AND GENERAL EXPENSE CATEGORY, AS EPRI DOES NOT SEPARATE THESE EXPENSES FOR FINANCIAL ACCOUNTING PURPOSES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Westinghouse Electric Co Llc
Research
$5,060,096
Structural Integrity Associates
Research
$3,253,934
Jensen Hughes Inc
Research
$7,673,833
Electricite De France
Research
$4,858,705
Dominion Engineering Inc
Research
$2,527,547
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,546
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,546
Total Program Service Revenue$419,326,072
Investment income $3,870,590
Tax Exempt Bond Proceeds $0
Royalties $267,109
Net Rental Income $332,221
Net Gain/Loss on Asset Sales $6,990,902
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $431,066,983

Grants Awarded

Over the last fiscal year, Electric Power Research Institute Inc has awarded $1,249,000 in support to 24 organizations.

Grant RecipientAmount

REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN DIEGO

Org PageRecipient Profile

La Jolla, CA

PURPOSE: CONTRIBUTION

$300,000

CARNEGIE MELLON UNIVERSITY

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: CONTRIBUTION

$200,000

UNIVERSITY OF GEORGIA FOUNDATION

Org PageRecipient Profile

Athens, GA

PURPOSE: CONTRIBUTION

$95,000

REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: CONTRIBUTION

$70,000

CALIFORNIA INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Pasadena, CA

PURPOSE: CONTRIBUTION

$50,000

ARIZONA STATE UNIVERSITY

PURPOSE: CONTRIBUTION

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Electric Power Research Institute Inc has recieved totaling $783,737.

Awarding OrganizationAmount
United States Endowment Forforestry And Communities Inc

Greenville, SC

PURPOSE: WATER QUALITY TRADING

$772,760
The Solar Foundation

Albany, NY

PURPOSE: TECHNICAL ASSISTANCE UNDER FEDERAL GRANT

$10,977
View Grant Recipient Profile

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