BETA

BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION (EIN 46-2026488)
Tax period
2023-06-01 to 2024-05-31
Filed
2025-04-15
IRS object ID
202521059349100957
Schema version
2023v6.0
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)
Return2025-04-15T11:34:55-05:00ReturnTs
Tax Period End2024-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN346565596PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line199 WOOD AVENUE SOUTHAddressLine1Txt
CityISELINCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08830ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462026488EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BREAKTHROUGH PRIZE IN LIFE SCIENCESBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBREABusinessNameControlTxt
Phone2023464293PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11900 N STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES A HUTCHINSONPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone2023464293PhoneNum
Signature2025-04-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL SALESPreparerPersonNm
PTINP01770943PTIN
Phone7325164200PhoneNum
Preparation2025-04-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,087,974FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$12,504,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$244,204InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$244,204InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$12,748,204TotalRevAndExpnssAmt
Total Net Invst Incm$244,204TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$148,002LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$148,002LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$127,042AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$81,683AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$4,415,761OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$4,439,318OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$100TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss$96,260OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$101,438OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$408,120TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$407,768TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$919OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$919OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$5,196,204TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,179,128TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$9,000,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$9,000,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,196,204TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$14,179,128TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,448,000ExcessRevenueOverExpensesAmt
Net Investment Income$244,204NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$3,386,698SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,072,796SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,072,796SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY$35,000PrepaidExpensesBOYAmt
Prepaid Expenses EOY$15,178PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$15,178PrepaidExpensesEOYFMVAmt
Total Assets BOY$3,421,698TotalAssetsBOYAmt
Total Assets EOY$2,087,974TotalAssetsEOYAmt
Total Assets EOYFMV$2,087,974TotalAssetsEOYFMVAmt
Accounts Payable BOY$78,502AccountsPayableBOYAmt
Accounts Payable EOY$75,655AccountsPayableEOYAmt
Grants Payable BOY$1,500,000GrantsPayableBOYAmt
Grants Payable EOY$1,500,000GrantsPayableEOYAmt
Other Liabilities BOY$317,219OtherLiabilitiesBOYAmt
Other Liabilities EOY$434,342OtherLiabilitiesEOYAmt
Total Liabilities BOY$1,895,721TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,009,997TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,525,977NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$77,977NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,525,977TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$77,977TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,421,698TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,087,974TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,525,977TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,448,000ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$77,977SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$77,977TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,394InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$3,394SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$3,394TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$94EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$7,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$7,094TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$3,700OverpaymentAmt
Applied To ES Tax$3,700AppliedToESTaxAmt
Refund$0RefundAmt

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 Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (1)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
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 AddressWWW.BREAKTHROUGHPRIZE.ORGWebsiteAddressTxt
Individual With BooksJAMES A HUTCHINSONIndividualWithBooksNm
Phone2023464293PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11900 N STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
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 PrsnYes (1)PayCompDisqualifiedPrsnInd
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 (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
YURI B MILNER
1900 N STREET NWWASHINGTONDC20036DIRECTOR, PRESIDENT1.00$0$0$0
BRECK HANCOCK
1900 N STREET NWWASHINGTONDC20036DIRECTOR, TREASURER1.00$0$0$0
JAMES A HUTCHINSON
1900 N STREET NWWASHINGTONDC20036SECRETARY1.00$0$0$0
SIMON PETER WORDEN
1900 N STREET NWWASHINGTONDC20036FOUNDATION CHAIRMAN7.00$46,518$880$0
HUDA ZOGHBI
1900 N STREET NWWASHINGTONDC20036DIRECTOR, BOARD CHAIRMAN1.00$0$0$0
KARL JOHANSSON
1900 N STREET NWWASHINGTONDC20036DIRECTOR3.00$11,250$0$0
ANNE WOJCICKI
1900 N STREET NWWASHINGTONDC20036DIRECTOR1.00$0$0$0
MARK ZUCKERBERG
1900 N STREET NWWASHINGTONDC20036DIRECTOR1.00$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
BREAKTHROUGH AWARDS PRODUCTIONS INC
1900 N STREET NWWASHINGTONDC20036EVENTS MANAGEMENT$1,746,508
BRASS LAB LLC
611 BROADWAY SUITE 311NEW YORKNY10012EVENTS MANAGEMENT$866,329
RUBENSTEIN ASSOCIATES
825 EIGHTH AVENUE 34TH FLOORNEW YORKNY10019PUBLIC RELATIONS$187,760
GOODWIN PROCTER LLP
1900 N STREET NWWASHINGTONDC20036LEGAL SERVICES$148,002
WAYS AND MEANS PRODUCTION
941 KAGAWA STREETPACIFIC PALISADESCA90272FILM PRODUCTION$135,830
FieldValueIRS element (for citing)
Contractor Paid Over50k8ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE FOUNDATION AWARDED PRIZES TO SCIENTISTS AND RESEARCHERS WHO DEMONSTRATED EXCELLENCE IN RESEARCH AIMED AT UNDERSTANDING LIVING SYSTEMS, CURING INTRACTABLE DISEASES AND EXTENDING HUMAN LIFE. THE BREAKTHROUGH PRIZES IN LIFE SCIENCES WERE AWARDED TO EIGHT INDIVIDUALS WHO MADE SIGNIFICANT ACCOMPLISHMENTS IN THESE AREAS.Description1Txt
Expenses1$9,000,000Expenses1Amt
Description2IN CONJUNCTION WITH THE BREAKTHROUGH PRIZE FOUNDATION, THE BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION AWARDS PRIZES AT THE ANNUAL PRIZE CEREMONY. THE INTENT OF THE CEREMONY IS TO HELP CREATE AND STIMULATE INTEREST AND DISCOVERIES IN UNDERSTANDING LIVING SYSTEMS AND EXTENDING HUMAN LIFE, AND TO CREATE PUBLIC AWARENESS AND A SENSE OF EXCITEMENT IN THOSE FIELDS. THE CEREMONY FEATURES CELEBRITY PRESENTATIONS, FILMS, COMEDY, AND LIVE MUSIC FROM MAJOR ARTISTS AND IS AVAILABLE FOR VIEWING VIA STREAMING ON THE BREAKTHROUGH PRIZE YOUTUBE PAGE.Description2Txt
Expenses2$4,737,934Expenses2Amt

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$7,077,452AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,077,452TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$7,077,452AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$106,162CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,971,290NetVlNoncharitableAssetsAmt
Minimum Investment Return$348,565MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$348,565MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,394TaxBasedOnInvestmentIncomeAmt
Total Tax$3,394TotalTaxAmt
Distributable Before Adj$345,171DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$345,171DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$345,171DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$14,179,128ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$14,179,128QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$345,171DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$18,854,046ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$19,656,537ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$7,971,468ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$10,489,159ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$11,978,695ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$68,949,905TotalExcessDistributionCyovAmt
Qualifying Distributions$14,179,128QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$345,171AppliedToCurrentYearAmt
Remaining Distri From Corpus$13,833,957RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$82,783,862TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$5,500,000CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$13,354,046ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$63,929,816ExcessDistriCyovToNextYrAmt
Excess From Year4$19,656,537ExcessFromYear4Amt
Excess From Year3$7,971,468ExcessFromYear3Amt
Excess From Year2$10,489,159ExcessFromYear2Amt
Excess From Year1$11,978,695ExcessFromYear1Amt
Excess From Current Year$13,833,957ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonBREAKTHROUGH PRIZE IN LIFE SCIENCESRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11900 N STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2023464293RecipientPhoneNum
Form And Info And MaterialsTHE FOUNDATION MAKES THE CANDIDATE SUBMISSION FORM AND CRITERIA AVAILABLE ON ITS WEBSITE: WWW.BREAKTHROUGHPRIZE.ORG > NOMINATIONS.FormAndInfoAndMaterialsTxt
Submission DeadlinesPLEASE VISIT WWW.BREAKTHROUGHPRIZE.ORG FOR ADDITIONAL INFORMATION REGARDING SUBMISSION DEADLINES.SubmissionDeadlinesTxt
Restrictions On AwardsNO PRIZE GRANTED BY THE FOUNDATION SHALL HAVE ANY AGE RESTRICTIONS. ANY PRIZE OF THE FOUNDATION MAY BE RECEIVED MORE THAN ONCE. MEMBERS OF THE SELECTION COMMITTEE ARE ELIGIBLE TO BE NOMINATED TO RECEIVE THE PRIZE AND THE CONFLICT OF INTEREST POLICY WILL GOVERN THE PROCEDURES FOR SUCH NOMINEES. ANY PRIZE OF THE FOUNDATION CAN BE SHARED BY A NUMBER OF PEOPLE, INCLUDING COLLABORATIONS.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ANDREW SINGLETON
C/O GOODWIN PROCTER LLP 1900 NSTREET NWWASHINGTONDC20036NONEI2024 BREAKTHROUGH PRIZE IN LIFE SCIENCES$1,000,000
ELLEN SIDRANSKY
C/O GOODWIN PROCTER LLP 1900 NSTREET NWWASHINGTONDC20036NONEI2024 BREAKTHROUGH PRIZE IN LIFE SCIENCES$1,000,000
THOMAS GASSER
C/O GOODWIN PROCTER LLP 1900 NSTREET NWWASHINGTONDC20036NONEI2024 BREAKTHROUGH PRIZE IN LIFE SCIENCES$1,000,000
FREDRICK VAN GOOR
C/O GOODWIN PROCTER LLP 1900 NSTREET NWWASHINGTONDC20036NONEI2024 BREAKTHROUGH PRIZE IN LIFE SCIENCES$1,000,000
PAUL NEGULESCU
C/O GOODWIN PROCTER LLP 1900 NSTREET NWWASHINGTONDC20036NONEI2024 BREAKTHROUGH PRIZE IN LIFE SCIENCES$1,000,000
SABINE HADIDA
C/O GOODWIN PROCTER LLP 1900 NSTREET NWWASHINGTONDC20036NONEI2024 BREAKTHROUGH PRIZE IN LIFE SCIENCES$1,000,000
MICHEL SADELAIN
C/O GOODWIN PROCTER LLP 1900 NSTREET NWWASHINGTONDC20036NONEI2024 BREAKTHROUGH PRIZE IN LIFE SCIENCES$1,500,000
CARL H JUNE
C/O GOODWIN PROCTER LLP 1900 NSTREET NWWASHINGTONDC20036NONEI2024 BREAKTHROUGH PRIZE IN LIFE SCIENCES$1,500,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$9,000,000TotalGrantOrContriPdDurYrAmt
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$244,204ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$244,204ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$244,204TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNumAddress Line1ContributorForeignAddress/AddressLine1TxtCityContributorForeignAddress/CityNmCountryContributorForeignAddress/CountryCdForeign PostalContributorForeignAddress/ForeignPostalCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCd
BREAKTHROUGH FOUNDATION
1C/O GOODWIN PROCTER LLP 100 CHEAPSILONDONUKEC2V 6DY$4,004,000Yes (X)
SILICON VALLEY COMMUNITY FOUNDATION
2$3,000,000Yes (X)2440 WEST EL CAMINO REAL STE 300MOUNTAIN VIEWCA94040
SERGEY BRIN FAMILY FOUNDATION
3$2,750,000Yes (X)1660 BUSH STREET SUITE 300SAN FRANCISCOCA94109
ANNE WOJCICKI FOUNDATION
4$2,750,000Yes (X)171 MAIN STREET SUITE 259LOS ALTOSCA94022

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$127,042Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$81,683DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

IdentifierIdentifierTxtForm And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
LIST OF OFFICERS, DIRECTORS, AND TRUSTEESFORM 990-PF, PART VIISIMON PETER WORDENTHE COMPENSATION REPORTED IS PAID BY BREAKTHROUGH PRIZE FOUNDATION, A RELATED 501(C)(3) ORGANIZATION, THROUGH AN AGENCY AGREEMENT. BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION REIMBURSES BREAKTHROUGH PRIZE FOUNDATION ON A PERIODIC BASIS IN ACCORDANCE WITH THE AGENCY AGREEMENT.KARL JOHANSSONKARL JOHANSSON WAS NOT COMPENSATED FOR HIS ROLE AS A DIRECTOR. THE INVIDIUAL INCURRED AN AVERAGE OF 3 HOURS A WEEK OF CONSULTING SERVICES IN SUPPORT OF THE FOUNDATION'S EXEMPT PURPOSES, AND THOSE SERVICES WERE UNRELATED TO HIS ROLE AS A DIRECTOR.
OUT OF CORPUS ELECTIONFORM 990-PF, PART XIIELECTION TO TREAT UNUSED PRIOR YEAR CORPUS DISTRIBUTIONS AS CURRENT YEAR CORPUS DISTRIBUTIONSBREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION EIN: 46-2026488 TAX YEAR ENDING: 5/31/2024PURSUANT TO REG. 53.4942(A)-3(C)(2)(IV), THIS FOUNDATION ELECTS TO TREAT, AS A CURRENT CORPUS DISTRIBUTION, THE FOLLOWING UNUSED PRIOR TAX YEAR'S DISTRIBUTIONS THAT WERE TREATED AS CORPUS DISTRIBUTIONS UNDER REG. 53-4942(A)-3(D)(1)(III) IN SUCH PRIOR TAX YEAR(S):05/31/2019 (2018) - $5,500,000

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationTHE FOUNDATION'S PRINCIPAL PURPOSES ARE TO AWARD PRIZES FOR OUTSTANDING ACHIEVEMENTS IN THE FIELDS OF LIFE SCIENCE, TECHNOLOGY AND EDUCATION AND TO EDUCATE THE PUBLIC IN THE FIELDS OF LIFE SCIENCES AND TECHNOLOGY. AWARDS ARE PROVIDED ANNUALLY AT A CERMEMONY TO WHICH THE FOUNDATION INCURS EXPENSES. EACH YEAR THE FOUNDATION EXPENDS A LARGE PORTION OF ITS ASSETS IN CONJUNCTION WITH THE AWARDING OF PRIZES, AND IN DOING SO, THE FOUNDATION CREATED A SUBSTANTIAL CONTRACTION IN ITS NET ASSETS FOR THE TAX YEAR ENDING MAY 31, 2024. THESE EXPENSES ARE MADE FROM FUNDS RECEIVED AS RESTRICTED CONTRIBUTIONS THAT WERE MADE SPECIFICALLY FOR THE PURPOSES FOR WHICH THEY WERE USED. THE FOUNDATION WILL CONTINUE TO RECEIVE CONTRIBUTIONS WHICH ARE INTENDED TO FUND THE CHARITABLE EXPENSES OF THE FOUNDATION AND IT WILL CONTINUE TO OPERATE IN THE FUTURE AS THEIR INTENTIONS REMAIN UNCHANGED.ExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$148,002LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$148,002DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescOFFICE EXPENSESDesc
Revenue And Expenses Per Books$919RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$919DisbursementsCharitablePrpsAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDUE TO RELATED PARTYDesc
BOY Book Value$317,219BOYBookValueAmt
EOY Book Value$434,342EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONSULTING FEES$648,021$0$622,045
PUBLIC RELATIONS$232,249$0$252,501
CEREMONY EXPENSES$3,373,261$0$3,400,562
FILM PRODUCTION$162,230$0$164,210

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISE TAXESCategoryTxt
Amt$100Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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