PROBABILISTIC COMPUTING FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
PROBABILISTIC COMPUTING FOUNDATION INC (EIN 82-3764421)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-04-30
IRS object ID
202641209349100209
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-04-30T07:43:47-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010494526PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Baker Newman & NoyesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 507AddressLine1Txt
CityPortlandCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04112ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823764421EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Probalistic Computing Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPROBBusinessNameControlTxt
Phone6179998654PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1245 Main Street Floor 2AddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPhilip ButlerPersonNm
Person TitlePresidentPersonTitleTxt
Phone6179998654PhoneNum
Signature2026-04-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonConnor SmartPreparerPersonNm
PTINP02285543PTIN
Phone2078792100PhoneNum
Preparation2026-04-02PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$20,783,802FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$729,533InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$729,533InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$729,533TotalRevAndExpnssAmt
Total Net Invst Incm$729,533TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$78,662OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$78,662OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$6,582PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$6,582PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$52,555LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$52,555LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$20,279AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$20,279AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$717,758OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,537OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$715,221OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$15,882TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss$14,640OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$14,640OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$47,519TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$47,519TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$184,426OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,181OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$180,245OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,138,303TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,718TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,115,703TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,850,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,850,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$11,988,303TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,718TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$11,965,703TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$11,258,770ExcessRevenueOverExpensesAmt
Net Investment Income$722,815NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$751,099CashBOYAmt
Cash EOY$373,056CashEOYAmt
Cash EOYFMV$373,056CashEOYFMVAmt
Sav And Temp Cash Invst BOY$24,102,632SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$20,410,546SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$20,410,546SavAndTempCashInvstEOYFMVAmt
Other Assets BOY$200OtherAssetsBOYAmt
Other Assets EOY$200OtherAssetsEOYAmt
Other Assets EOYFMV$200OtherAssetsEOYFMVAmt
Total Assets BOY$24,853,931TotalAssetsBOYAmt
Total Assets EOY$20,783,802TotalAssetsEOYAmt
Total Assets EOYFMV$20,783,802TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$24,853,931CapitalStockBOYAmt
Capital Stock EOY$20,783,802CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$0RetainedEarningBOYAmt
Retained Earning EOY$0RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$24,853,931TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$20,783,802TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$24,853,931TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$20,783,802TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$24,853,931TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$11,258,770ExcessRevenueOverExpensesAmt
Other Increases$7,188,641OtherIncreasesAmt
Subtotal$20,783,802SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$20,783,802TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$10,047InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$10,047SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$10,047TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$8,400EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$8,400TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$1,647TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsYes (1)ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Supporting Strategies co L SmithBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6179998654PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1245 Main Street Floor 2AddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Vikash Mansignhka
245 Main Street Floor 2CambridgeMA02142Director1.00$0$0$0
Adam Marblestone
245 Main Street Floor 2CambridgeMA02142Director1.00$0$0$0
Sara Rendortorff-Smith
245 Main Street Floor 2CambridgeMA02142Director (end 2025)1.00$0$0$0
Santiago Suarez
245 Main Street Floor 2CambridgeMA02142Director1.00$0$0$0
Josh Tenebaum
245 Main Street Floor 2CambridgeMA02142Director1.00$0$0$0
Philip Butler
245 Main Street Floor 2CambridgeMA02142President, Secretary, Treasurer1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
TriNet
One Park Place Suite 600DublinCA94568Contract labor solutions$342,228
Safeguard
108 Wild Basin Road South 370AustinTX78746Contract labor solutions$161,823
JSK Management
PO Box 17KeeneNH03431Research services$80,000
Deel
425 First StreetSan FranciscoCA94105Contract labor solutions$59,421
Mill Law Center
3415 S Sepulveda BoulevardLos AngelesCA90034Legal services$52,205
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1PCF sponsors and coordinates research and open-sourced software development with an aim towards the following public benefit goals:1. Prototyping interactive web-based teaching material for financial modeling in probabilistic programming, teaching foundational concepts of probabilistic programming in OpenGen, and querying a large population model in natural language.2. Improving the open-source OpenGen platform to better enable connected learning, interactive exploration, and new modes of AI-assisted pedagogy with probabilistic programs.Description1Txt
Expenses1$1,115,703Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$21,741,229AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$21,741,229TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$21,741,229AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$326,118CashDeemedCharitableAmt
Net Vl Noncharitable Assets$21,415,111NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,070,756MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,070,756MinimumInvestmentReturnAmt
Tax Based On Investment Income$10,047TaxBasedOnInvestmentIncomeAmt
Total Tax$10,047TotalTaxAmt
Distributable Before Adj$1,060,709DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,060,709DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$1,060,709DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$11,965,703ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$11,965,703QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,060,709DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$633,366ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$633,366TotalExcessDistributionCyovAmt
Qualifying Distributions$11,965,703QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$1,060,709TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,060,709AppliedToCurrentYearAmt
Remaining Distri From Corpus$9,844,285RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$11,538,360TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$10,000,000CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,538,360ExcessDistriCyovToNextYrAmt
Excess From Year2$633,366ExcessFromYear2Amt
Excess From Current Year$904,994ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCdForeign PostalRecipientForeignAddress/ForeignPostalCd
Convergent Research
160 Alewife Brook Parkway 1212CambridgeMA02138N/APCData and computer sciences; research$9,500,000
ETH Zurich Foundation USA Inc
100 Wall Street Fl 10New YorkNY10005N/APCData and computer sciences; research$300,000
Massachusetts Institute of Technology
600 Memorial Drive W98-300CambridgeMA02139N/APCData and computer sciences; research$650,000
Roy Institute for the Advancement of Learning McGill University
N/APCData and computer sciences; research$300,000845 Sherbrooke Street WestMontrealQuebecCAH3A 0G4
Science and Technology Futures
160 Alewife Brook Parkway 1218CambridgeMA02138N/APCData and computer sciences; research$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,850,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$729,533ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$729,533ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$729,533TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryBookkeeping feesCategoryTxt
Amt$20,279Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$20,279DisbursementsCharitablePrpsAmt

Distribution From Corpus Election DistributionFromCorpusElection

FieldValueIRS element (for citing)
ElectionIn accordance with 53.4942-(a)-3(c)(2), I, Philip Butler, duly appointed director of the Probabilistic Computing Foundation, in my capacity as such, do hereby elect to treat $10,000,000 as a distribution out of corpus on the Foundation's 2025 tax return for the year ending December 31, 2025, allowing the contributor's donation of $10,000,000 received during the 2024 tax year to qualify under 170(b)(1)(F)(ii). See the attached footnotes included with this tax return for additional information.ElectionDesc

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990-PF, Page 9, Part XII, Line 7:FormAndLineReferenceDesc
Medium ExplanationElection Under Regulations Section 53.4942(a)-3(d)(2) to Treat Excess Qualifying Distributions as Distributions out of Corpus (continued):In accordance with 53.4942-(a)-3(c)(2), an authorized individual of the Foundation has elected to treat certain amounts as distributions out of corpus on this 2025 Form 990-PF for the year ending December 31, 2025. During this tax year ending December 31, 2024, the Foundation received contributions of $10,000,000. The Foundation made qualifying distributions out of corpus equal to 100% of this amount ($10,000,000) during the year ending December 31, 2025. Accordingly, the Foundation made qualifying distributions out of corpus equal in value to 100% of the value of contributions received during this tax year within the allowable election period. All distributions were made to organized charities that were not controlled directly or indirectly by the Foundation or another private foundation at the time the donations were paid. Furthermore, in compliance with 170(b)(1)(F)(ii), the Foundation distributed the annual required amount of minimum investment return under 4942, $1,060,709, within this current tax year or within 2.5 months after the end of this tax year.MediumExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal feesCategoryTxt
Legal Fees$52,555LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$52,555DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescSaferdata InterestDesc
BOY Book Value$200BOYBookValueAmt
EOY Book Value$200EOYBookValueAmt
EOYFMV$200EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Office expenses$22,948$0$22,948
Information technology$84,609$0$84,609
Insurance$4,803$0$4,803
Banking fees$4,181$4,181$0
MA PC state filing fees$1,000$0$1,000
Accrual-to-cash adjustment (net)$66,885$0$66,885

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
Accrual-to-cash adjustment$66,885
Acquisition of interest in CHI-FRO LLC$7,121,756

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Tax preparation fees$5,073$2,537$2,536
Contracted labor$712,685$0$712,685

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryExcise taxes and penaltiesCategoryTxt
Amt$15,882Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.