BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION (EIN 46-2026488)
- Tax period
- 2019-06-01 to 2020-05-31
- Filed
- 2021-04-15
- IRS object ID
- 202101059349100720
- Schema version
- 2019v5.1
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Compensation Explanation
- Depreciation Schedule
- General Explanation Attachment
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-15T09:45:48-05:00 | ReturnTs |
| Tax Period End | 2020-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 WOOD AVENUE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462026488 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BREAKTHROUGH PRIZE IN LIFE SCIENCES | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JAMES A HUTCHINSON ESQ | InCareOfNm |
| Business Name Control | BREA | BusinessNameControlTxt |
| Phone | 2023464293 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 N STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES A HUTCHINSON ESQ | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Phone | 2023464293 | PhoneNum |
| Signature | 2021-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL SALES | PreparerPersonNm |
| PTIN | P01770943 | PTIN |
| Phone | 7325164200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,757,165 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $18,194,208 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $12,403 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $12,403 | InterestOnSavNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $18,206,611 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $12,403 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $101,340 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $94,828 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $105,716 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $123,873 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $7,103,018 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $7,221,644 | OtherProfFeesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $91,358 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $127,761 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $414,995 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $342,774 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,128 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,118 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $10 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $7,818,555 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,118 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,910,890 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $12,000,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $12,000,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $19,818,555 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,118 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $19,910,890 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,611,944 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,285 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,509,844 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,746,054 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,746,054 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl | $0 | PledgesRcvblAmt |
| Pledges Rcvbl Allwnc Dbtfl Acct | $0 | PledgesRcvblAllwncDbtflAcctAmt |
| Pledges Rcvbl BOY | $3,000,000 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $21,111 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $11,111 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $11,111 | PrepaidExpensesEOYFMVAmt |
| Total Assets BOY | $4,530,955 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,757,165 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,757,165 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $509,554 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $426,213 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $246,122 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $167,617 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $755,676 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $593,830 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $775,279 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,163,335 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $3,000,000 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $0 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,775,279 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,163,335 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,530,955 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,757,165 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,775,279 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,611,944 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,163,335 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,163,335 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $18,995,785 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,834,775 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 6.700985 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $22,340,035 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,513,480 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 14.760707 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $22,401,423 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,732,206 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 12.932309 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $21,898,623 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,118,238 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 7.022755 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $23,073,093 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $2,748,721 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 8.39412 | DistributionYr5Rt |
| Total Distribution | 49.810876 | TotalDistributionRt |
| Average Distribution | 9.962175 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $5,091,186 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $50,719,286 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $103 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $50,719,389 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $19,910,890 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $206 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $206 | SubtotalAmt |
| Tax Based On Investment Income | $206 | TaxBasedOnInvestmentIncomeAmt |
| Extsn Request Income Tax Paid | $248 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $248 | TotalPaymentsAndCreditsAmt |
| Overpayment | $42 | OverpaymentAmt |
| Applied To ES Tax | $42 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.breakthroughprize.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES A HUTCHINSON ESQ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2023464293 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 N STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | ForeignAccountsQuestionInd |
| Foreign Country | SZ | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| YURI B MILNER | ||||||||
| 1900 N STREET NW | WASHINGTON | DC | 20036 | DIRECTOR, PRESIDENT | 1.0 | $0 | $0 | $0 |
| JAMES A HUTCHINSON | ||||||||
| 1900 N STREET NW | WASHINGTON | DC | 20036 | SECRETARY | 1.0 | $0 | $0 | $0 |
| ANNE WOJCICKI | ||||||||
| 1900 N STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| MARK ZUCKERBERG | ||||||||
| 1900 N STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| BRECK HANCOCK | ||||||||
| 1900 N STREET NW | WASHINGTON | DC | 20036 | DIRECTOR, TREASURER | 1.0 | $0 | $0 | $0 |
| CORNELIA BARGMANN | ||||||||
| 1900 N STREET NW | WASHINGTON | DC | 20036 | DIRECTOR, BOARD CHAIRMAN | 1.0 | $0 | $0 | $0 |
| SIMON PETER WORDEN | ||||||||
| 1900 N STREET NW | WASHINGTON | DC | 20036 | FOUNDATION CHAIRMAN | 7.0 | $34,655 | $0 | $0 |
| KARL JOHANSSON | ||||||||
| 1900 N STREET NW | WASHINGTON | DC | 20036 | DIRECTOR | 1.0 | $15,278 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| BREAKTHROUGH AWARDS PRODUCTIONS INC | ||||||||||
| 12400 WILSHIRE BLVD 1275 | LOS ANGELES | CA | 90025 | FILM PRODUCTION | $3,362,107 | |||||
| BRASS LAB LLC | ||||||||||
| 611 BROADWAY SUITE 311 | NEW YORK | NY | 10012 | EVENT PRODUCTIONS | $1,269,603 | |||||
| EASTWAYS TRAVEL SERVICES LTD | ||||||||||
| TRAVEL SERVICES | $375,023 | 1-6 YARMOUTH PLACE | LONDON | ENGLAND | UK | W1J 7BU | ||||
| RUBENSTEIN COMMUNICATIONS | ||||||||||
| WORLDWIDE PLAZA 825 8TH AVENUE | NEW YORK | NY | 100197416 | COMMUNICATION SVCS | $283,137 | |||||
| THINK BIG GROUP LLC | ||||||||||
| 136 East 64th 3F | NEW YORK | NY | 10065 | Consulting Services | $236,599 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 14 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SEE GENERAL EXPLANATION ATTACHMENT | Description1Txt |
| Expenses1 | $12,000,000 | Expenses1Amt |
| Description2 | SEE GENERAL EXPLANATION ATTACHMENT | Description2Txt |
| Expenses2 | $7,244,925 | Expenses2Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,168,717 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,168,717 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,168,717 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $77,531 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,091,186 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $254,559 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $254,559 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $206 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $206 | TotalTaxAmt |
| Distributable Before Adj | $254,353 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $254,353 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $254,353 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $19,910,890 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $19,910,890 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $19,910,890 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $254,353 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $17,435,657 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $16,243,306 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $16,814,813 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $22,264,361 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $18,854,046 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $91,612,183 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $19,910,890 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $254,353 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $19,656,537 | RemainingDistriFromCorpusAmt |
| Total Corpus | $111,268,720 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $5,500,000 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $11,935,657 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $93,833,063 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $16,243,306 | ExcessFromYear4Amt |
| Excess From Year3 | $16,814,813 | ExcessFromYear3Amt |
| Excess From Year2 | $22,264,361 | ExcessFromYear2Amt |
| Excess From Year1 | $18,854,046 | ExcessFromYear1Amt |
| Excess From Current Year | $19,656,537 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | BREAKTHROUGH PRIZE IN LIFE SCIENCES | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 N STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2023464293 | RecipientPhoneNum |
| Form And Info And Materials | THE FOUNDATION MAKES THE CANDIDATE SUBMISSION FORM AND CRITERIA AVAILABLE ON ITS WEBSITE: WWW.BREAKTHROUGHPRIZE.ORG > Nominations. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NOMINATION SUBMISSION DEADLINES ARE PROVIDED ON THE FOUNDATION WEBSITE. NOMINATIONS ARE GENERALLY AC | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO 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 (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| JEFFREY FRIEDMAN | ||||||||
| C/O JAMES A HUTCHINSON ESQ | 1900 N STREET NW | WASHINGTON | DC | 20036 | NONE | I | 2020 BREAKTHROUGH PRIZE IN LIFE SCIENCES | $3,000,000 |
| DAVID JULIUS | ||||||||
| C/O JAMES A HUTCHINSON ESQ | 1900 N STREET NW | WASHINGTON | DC | 20036 | NONE | I | 2020 BREAKTHROUGH PRIZE IN LIFE SCIENCES | $3,000,000 |
| VIRGINIA MAN-YEE LEE | ||||||||
| C/O JAMES A HUTCHINSON ESQ | 1900 N STREET NW | WASHINGTON | DC | 20036 | NONE | I | 2020 BREAKTHROUGH PRIZE IN LIFE SCIENCES | $3,000,000 |
| FRANZ ULRICH HARTL | ||||||||
| C/O JAMES A HUTCHINSON ESQ | 1900 N STREET NW | WASHINGTON | DC | 20036 | NONE | I | 2020 BREAKTHROUGH PRIZE IN LIFE SCIENCES | $1,500,000 |
| ARTHUR HORWICH | ||||||||
| C/O JAMES A HUTCHINSON ESQ | 1900 N STREET NW | WASHINGTON | DC | 20036 | NONE | I | 2020 BREAKTHROUGH PRIZE IN LIFE SCIENCES | $1,500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $12,000,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $12,403 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Div And Int From Sec Part VII | DivAndIntFromSecPartVIIGrp | |
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp | |
| Gain Sales Ast Oth Than Invntry | GainSalesAstOthThanInvntryGrp | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $12,403 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $12,403 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorForeignAddress/AddressLine1Txt | CityContributorForeignAddress/CityNm | CountryContributorForeignAddress/CountryCd | Foreign PostalContributorForeignAddress/ForeignPostalCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| BREAKTHROUGH FOUNDATION | ||||||||||
| 1 | C/O CAVENDISH TRUST CO LTD 31-37 n | DOUGLAS | IM | IM1 4LB | $9,694,208 | Yes (X) | ||||
| SILICON VALLEY COMMUNITY FOUNDATION | ||||||||||
| 2 | $3,000,000 | Yes (X) | 2440 WEST EL CAMINO REAL STE 300 | MOUNTAIN VIEW | CA | 940401498 | ||||
| Sergey Brin Family Foundation | ||||||||||
| 3 | $2,750,000 | Yes (X) | 1660 Bush Street Suite 300 | San Francisco | CA | 94109 | ||||
| ANNE WOJCICKI FOUNDATION | ||||||||||
| 4 | $2,750,000 | Yes (X) | 171 Main Street Suite 259 | Los Altos | CA | 94022 | ||||
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $105,716 | Amt |
| Disbursements Charitable Prps | $123,873 | DisbursementsCharitablePrpsAmt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART IX-A, LINE 1 | IdentifierTxt |
| Form And Line Reference | PART IX-A, LINE 1 | FormAndLineReferenceDesc |
| Medium Explanation | PRIZES: $12,000,000 THE FOUNDATION AWARDED PRIZES TO SCIENTISTS AND RESEARCHERS WHO DEMONSTRATED EXCELLENCE IN RESEARCH AIMED AT CURING INTRACTABLE DISEASES AND EXTENDING HUMAN LIFE. THE BREAKTHROUGH PRIZES IN LIFE SCIENES WERE AWARDED TO FIVE INDIVIDUALS WHO MADE SIGNIFICANT ACCOMPLISHMENTS IN UNDERSTANDING LIVING SYSTEMS AND EXTENDING HUMAN LIFE. PART IX-A, LINE 2 EXPENSES: $7,244,925 IN CONJUNCTION WITH THE BREAKTHROUGH PRIZE FOUNDATION, THE BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION AWARDED PRIZES AT THE ANNUAL PRIZE CEREMONY. THE CEREMONY FEATURED CELEBRITY PRESENTATIONS, FILMS, COMEDY, AND LIVE MUSIC FROM MAJOR ARTISTS AND WAS TELEVISED ON NATIONAL MEDIA OUTLETS. THE INTENT OF THE CEREMONY WAS 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. | MediumExplanationTxt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE 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, 2020. 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $101,340 | LegalFeesAmt |
| Disbursements Charitable Prps | $94,828 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $2,118 | $2,118 | $0 | $0 |
| CA FILING FEE | $10 | $0 | $0 | $10 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO RELATED PARTIES | Desc |
| BOY Book Value | $246,122 | BOYBookValueAmt |
| EOY Book Value | $167,617 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FILM PRODUCTION | $3,657,818 | $0 | $0 | $3,657,818 |
| CEREMONY ORG & PRODUCTION | $2,233,969 | $0 | $0 | $2,317,792 |
| CONSULTING | $834,414 | $0 | $0 | $869,917 |
| PUBLIC RELATIONS | $376,817 | $0 | $0 | $376,117 |
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