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BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION (EIN 46-2026488)
Tax period
2020-06-01 to 2021-05-31
Filed
2022-04-15
IRS object ID
202221059349100447
Schema version
2020v4.1
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)
Return2022-04-15T15:14:28-05:00ReturnTs
Tax Period End2021-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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 Begin2020-06-01TaxPeriodBeginDt

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)
In Care Of% JAMES A HUTCHINSON ESQInCareOfNm
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
Signature2022-04-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMES APersonFirstNm
Person LastHUTCHINSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL SALESPreparerPersonNm
PTINP01770943PTIN
Phone7325164200PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$658,226FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$11,413,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$953InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$953InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$0InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$11,413,953TotalRevAndExpnssAmt
Total Net Invst Incm$953TotalNetInvstIncmAmt
Total Adj Net Incm$0TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$68,372LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$66,328LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$154,044AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$146,949AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$1,165,301OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$1,154,602OtherProfFeesDsbrsChrtblAmt
Occupancy Rev And Expnss$72,475OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$0OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$107,476OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$365TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$163,189TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$322OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$312OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$10OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,460,879TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$312TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,638,554TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$12,000,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$12,000,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$13,460,879TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$312TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$13,638,554TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,046,926ExcessRevenueOverExpensesAmt
Net Investment Income$641NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$2,746,054SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$650,374SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$650,374SavAndTempCashInvstEOYFMVAmt
Pledges Rcvbl BOY$0PledgesRcvblBOYAmt
Prepaid Expenses BOY$11,111PrepaidExpensesBOYAmt
Prepaid Expenses EOY$7,852PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$7,852PrepaidExpensesEOYFMVAmt
Total Assets BOY$2,757,165TotalAssetsBOYAmt
Total Assets EOY$658,226TotalAssetsEOYAmt
Total Assets EOYFMV$658,226TotalAssetsEOYFMVAmt
Accounts Payable BOY$426,213AccountsPayableBOYAmt
Accounts Payable EOY$238,519AccountsPayableEOYAmt
Other Liabilities BOY$167,617OtherLiabilitiesBOYAmt
Other Liabilities EOY$303,298OtherLiabilitiesEOYAmt
Total Liabilities BOY$593,830TotalLiabilitiesBOYAmt
Total Liabilities EOY$541,817TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$2,163,335NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$116,409NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY$0DonorRstrNetAssetsBOYAmt
Tot Net Ast Or Fund Balances BOY$2,163,335TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$116,409TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,757,165TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$658,226TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,163,335TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,046,926ExcessRevenueOverExpensesAmt
Subtotal$116,409SubtotalAmt
Tot Net Ast Or Fund Balances EOY$116,409TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$9InvestmentIncomeExciseTaxAmt
Subtotal$9SubtotalAmt
Tax Based On Investment Income$9TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$42EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$42TotalPaymentsAndCreditsAmt
Overpayment$33OverpaymentAmt
Applied To ES Tax$33AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addresswww.breakthroughprize.orgWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JAMES A HUTCHINSON ESQBusinessNameLine1Txt
FieldValueIRS element (for citing)
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 QuestionYes (true)ForeignAccountsQuestionInd
Foreign CountrySZForeignCountryCd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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, PRESIDENT1.0$0$0$0
JAMES A HUTCHINSON
1900 N STREET NWWASHINGTONDC20036SECRETARY1.0$0$0$0
ANNE WOJCICKI
1900 N STREET NWWASHINGTONDC20036DIRECTOR1.0$0$0$0
MARK ZUCKERBERG
1900 N STREET NWWASHINGTONDC20036DIRECTOR1.0$0$0$0
BRECK HANCOCK
1900 N STREET NWWASHINGTONDC20036DIRECTOR, TREASURER1.0$0$0$0
CORNELIA BARGMANN
1900 N STREET NWWASHINGTONDC20036DIRECTOR, BOARD CHAIRMAN1.0$0$0$0
SIMON PETER WORDEN
1900 N STREET NWWASHINGTONDC20036FOUNDATION CHAIRMAN7.0$34,299$0$0
KARL JOHANSSON
1900 N STREET NWWASHINGTONDC20036DIRECTOR1.0$19,444$0$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
RUBENSTEIN COMMUNICATIONS
WORLDWIDE PLAZA 825 8TH AVENUENEW YORKNY100197416COMMUNICATION SVCS$171,112
THE Adrenaline Group
4 Paddington CourtBALTIMOREMD21212Consulting Services$144,444
THINK BIG GROUP LLC
136 EAST 64TH 3FNEW YORKNY10065CONSULTING SERVICES$138,887
Bamboo productions LTD
EVENTS PRODUCTION$121,98890A GORDON ROADLONDONENGLANDUKW13 8PT
Centaurus A Holdings
MANAGEMENT SERVICES$115,3424 HILL ST MAYFAIRLONDONUKW1J 5NE
FieldValueIRS element (for citing)
Contractor Paid Over50k4ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1SEE GENERAL EXPLANATION ATTACHMENTDescription1Txt
Expenses1$12,000,000Expenses1Amt
Description2SEE GENERAL EXPLANATION ATTACHMENTDescription2Txt
Expenses2$986,356Expenses2Amt
FieldValueIRS element (for citing)
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,392,788AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,392,788TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,392,788AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$50,892CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,341,896NetVlNoncharitableAssetsAmt
Minimum Investment Return$167,095MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$167,095MinimumInvestmentReturnAmt
Tax Based On Investment Income$9TaxBasedOnInvestmentIncomeAmt
Total Tax$9TotalTaxAmt
Distributable Before Adj$167,086DistributableBeforeAdjAmt
Distributable Before Ded$167,086DistributableBeforeDedAmt
Distributable As Adjusted$167,086DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,638,554ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$13,638,554QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$13,638,554AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$167,086DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12018PriorYear1Yr
Prior Year22017PriorYear2Yr
Prior Year32016PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$16,243,306ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$16,814,813ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$22,264,361ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$18,854,046ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$19,656,537ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$93,833,063TotalExcessDistributionCyovAmt
Qualifying Distributions$13,638,554QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$167,086AppliedToCurrentYearAmt
Remaining Distri From Corpus$13,471,468RemainingDistriFromCorpusAmt
Total Corpus$107,304,531TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$5,500,000CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$16,243,306ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$85,561,225ExcessDistriCyovToNextYrAmt
Excess From Year4$16,814,813ExcessFromYear4Amt
Excess From Year3$22,264,361ExcessFromYear3Amt
Excess From Year2$18,854,046ExcessFromYear2Amt
Excess From Year1$19,656,537ExcessFromYear1Amt
Excess From Current Year$7,971,468ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

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 DeadlinesNOMINATION SUBMISSION DEADLINES ARE PROVIDED ON THE FOUNDATION WEBSITE. NOMINATIONS ARE GENERALLY ACSubmissionDeadlinesTxt
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 (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Catherine Dulac
C/O JAMES A HUTCHINSON ESQ1900 N STREET NWWASHINGTONDC20036NONEI2021 BREAKTHROUGH PRIZE IN LIFE SCIENCES$3,000,000
Yuk Ming Dennis Lo
C/O JAMES A HUTCHINSON ESQ1900 N STREET NWWASHINGTONDC20036NONEI2021 BREAKTHROUGH PRIZE IN LIFE SCIENCES$3,000,000
David Baker
C/O JAMES A HUTCHINSON ESQ1900 N STREET NWWASHINGTONDC20036NONEI2021 BREAKTHROUGH PRIZE IN LIFE SCIENCES$3,000,000
Richard Youle
C/O JAMES A HUTCHINSON ESQ1900 N STREET NWWASHINGTONDC20036NONEI2021 BREAKTHROUGH PRIZE IN LIFE SCIENCES$3,000,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$12,000,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$953ExclusionAmt
FieldValueIRS element (for citing)
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$953ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$953TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

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 CAVENDISH TRUST CO LTD 31-37 nDOUGLASIMIM1 4LB$2,913,000Yes (X)
SILICON VALLEY COMMUNITY FOUNDATION
2$3,000,000Yes (X)2440 WEST EL CAMINO REAL STE 300MOUNTAIN VIEWCA940401498
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$154,044Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$146,949DisbursementsCharitablePrpsAmt

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp (2 entries)

Short ExplanationShortExplanationTxt
SIMON PETER WORDEN
*THE COMPENSATION REPORTED ABOVE 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 JOHANSSON
*THE INDIVIDUAL IDENTIFIED ABOVE WAS NOT COMPENSATED FOR HIS ROLE AS A DIRECTOR. THE INVIDIUAL INCURRED AN AVERAGE OF 5 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.

Depreciation Schedule DepreciationSchedule

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierPART IX-A, LINE 1IdentifierTxt
Form And Line ReferencePART IX-A, LINE 1FormAndLineReferenceDesc
Medium ExplanationPRIZES: $12,000,000 THE 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 FOUR INDIVIDUALS WHO MADE SIGNIFICANT ACCOMPLISHMENTS IN THESE AREAS. PART IX-A, LINE 2 EXPENSES: $986,356 IN CONJUNCTION WITH THE BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION, THE BREAKTHROUGH PRIZE FOUNDATION AWARDS PRIZES AT THE ANNUAL PRIZE CEREMONY. THE CEREMONY FEATURES CELEBRITY PRESENTATIONS, FILMS, COMEDY, AND LIVE MUSIC FROM MAJOR ARTISTS AND IS TELEVISED ON NATIONAL MEDIA OUTLETS. 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. AS A RESULT OF THE COVID-19 PANDEMIC, THE CEREMONY WAS CANCELLED. THE FOUNDATION INCURRED EXPENSES DURING THE FISCAL YEAR ENDING MAY 31, 2021 IN PREPARATION OF THE CEREMONY PRIOR TO CANCELLATION.MediumExplanationTxt

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationTHE FOUNDATION'S PRINCIPAL PURPOSES ARE TO AWARD PRIZES FOR OUTSTANDING ACHEIVEMENTS 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, 2021. 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$68,372LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$66,328DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES$312$312$0$0
CA FILING FEE$10$0$0$10

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDUE TO RELATED PARTIESDesc
BOY Book Value$167,617BOYBookValueAmt
EOY Book Value$303,298EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONSULTING$759,837$0$0$765,938
PUBLIC RELATIONS$203,233$186,433
CEREMONY ORG & PRODUCTION$135,344$135,344
FILM PRODUCTION$66,887$66,887

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