2015-11-16T17:57:36-06:00 2014-12-31 952302617 SINGERLEWAK LLP 10960 WILSHIRE BLVD STE 700 LOS ANGELES CA 900243783 990 2014-01-01 521876879 X PRIZE FOUNDATION XPRI 3107414880 800 CORPORATE POINTE NO 350 CULVER CITY CA 90230 PAUL RAPPOPORT CHIEF OPERATIONS OFFICER 3107414880 2015-11-16 1 NAZANIN BENYAMINI P00666808 3104773924 2015-11-16 2014 2016-03-07 17:11:31Z ROBERT K WEISS 800 CORPORATE POINTE NO 350 CULVER CITY CA 90230 39439443 0 X WWW.XPRIZE.ORG X 1994 CA TO BRING ABOUT RADICAL BREAKTHROUGHS FOR THE BENEFITS OF HUMANITY, THEREBY INSPIRING THE FORMATION OF NEW INDUSTRIES AND THE REVITALIZATION OF MARKETS. 10 7 73 7 0 0 22121138 37136186 0 2228091 40945 57454 103360 17451 22265443 39439182 0 0 0 0 11324733 13992343 0 0 1152691 12653484 10157835 23978217 24150178 -1712774 15289004 64456933 81994453 22994600 25243116 41462333 56751337 X SEE SCHEDULE O 0 0 2594217 GOOGLE LUNAR X PRIZEIN SEPTEMBER 2007 GOOGLE AND THE X PRIZE FOUNDATION LAUNCHED THE GOOGLE LUNAR X PRIZE. THIS IS AN UNPRECEDENTED INTERNATIONAL COMPETITION THAT CHALLENGES AND INSPIRES ENGINEERS AND ENTREPRENEURS FROM AROUND THE WORLD TO DEVELOP LOW-COST METHODS OF ROBOTIC SPACE EXPLORATION. TO WIN THE GRAND PRIZE ($20 MILLION), PRIVATE TEAMS (WITH NO MORE THAN 10% IN GOVERNMENT FUNDING) MUST A) LAND A ROBOT SAFELY ON THE MOON, B) MOVE 500 METERS ON, ABOVE, OR BELOW THE MOON'S SURFACE; AND C) SEND BACK HDTV MOONCASTS FOR EVERYONE TO ENJOY. THIS COMPETITION HAS BEEN EXTENDED TO 2017 IN ORDER TO GIVE TEAMS MORE TIME TO SECURE A LAUNCH CONTRACT. 2122639 QUALCOMM TRICORDER XPRIZETHE QUALCOMM TRICORDER XPRIZE IS A $10 MILLION GLOBAL COMPETITION TO STIMULATE INNOVATION AND INTEGRATION OF PRECISION DIAGNOSTIC TECHNOLOGIES, MAKING RELIABLE HEALTH DIAGNOSES AVAILABLE DIRECTLY TO "HEALTH CONSUMERS" IN THEIR HOMES. THE DIRE NEED FOR IMPROVEMENTS IN HEALTH AND HEALTHCARE IN THE U.S. HAS CAPTURED THE ATTENTION OF GOVERNMENT, INDUSTRY, AND PRIVATE CITIZENS FOR YEARS. BUT A VIABLE SOLUTION HAS YET EVADED ON THE MOST TECHNOLOGICALLY ADVANCED, EDUCATED AND PROSPEROUS NATIONS ON THE GLOBE. INTEGRATED DIAGNOSTIC TECHNOLOGY, ONCE AVAILABLE ON A CONSUMER MOBILE DEVICE THAT IS EASY TO USE, WILL ALLOW INDIVIDUALS TO INCORPORATE HEALTH KNOWLEDGE AND DECISION-MAKING INTO THEIR DAILY LIVES. ADVANCES IN THE FIELDS SUCH AS ARTIFICIAL INTELLIGENCE, WIRELESS SENSING, IMAGING DIAGNOSTICS, LAB-ON-A-CHIP, AND MOLECULAR BIOLOGY WILL ENABLE BETTER CHOICES IN WHEN, WHERE, AND HOW INDIVIDUALS RECEIVE CARE, THUS MAKING HEALTHCARE MORE CONVENIENT, AFFORDABLE, AND ACCESSIBLE. THE WINNER WILL BE THE TEAM WHOSE TECHNOLOGY MOST ACCURATELY DIAGNOSES A SET OF DISEASES INDEPENDENT OF A HEALTHCARE PROFESSIONAL OR FACILITY, AND THAT PROVIDES THE BEST CONSUMER USER EXPERIENCE WITH THEIR DEVICE. 1454963 WENDY SCHMIDT OCEAN HEALTH XPRIZETHE WENDY SCHMIDT OCEAN HEALTH XPRIZE IS A $2 MILLION GLOBAL COMPETITION THAT CHALLENGES TEAMS OF ENGINEERS, SCIENTISTS AND INNOVATORS FROM ALL OVER THE WORLD TO CREATE PH SENSOR TECHNOLOGY THAT WILL AFFORDABLY, ACCURATELY AND EFFICIENTLY MEASURE OCEAN CHEMISTRY FROM ITS SHALLOWEST WATERS TO ITS DEEPEST DEPTHS.THERE WERE TWO PRIZE PURSES AVAILABLE (TEAMS MAY COMPETE FOR, AND WIN, BOTH PURSES):A. $1,000,000 ACCURACY AWARD - PERFORMANCE FOCUSED ($750,000 FIRST PLACE, $250,000 SECOND PLACE): TO THE TEAMS THAT NAVIGATE THE ENTIRE COMPETITION TO PRODUCE THE MOST ACCURATE, STABLE AND PRECISE PH SENSORS UNDER A VARIETY OF TESTS.B. $1,000,000 AFFORDABILITY AWARD - COST AND USE FOCUSED ($750,000 FIRST PLACE, $250,000 SECOND PLACE): TO THE TEAMS THAT PRODUCE THE LEAST EXPENSIVE, EASY-TO-USE, ACCURATE, STABLE, AND PRECISE PH SENSORS UNDER A VARIETY OF TESTS.THE PRIZE WILL BE AWARDED JULY 2015. 10196586 2228091 NOKIA SENSING X CHALLENGE THE NOKIA SENSING XCHALLENGE IS A $2.25 MILLION GLOBAL COMPETITION TO ACCELERATE THE AVAILABILITY OF HARDWARE SENSORS AND SOFTWARE SENSING TECHNOLOGY THAT INDIVIDUALS USE TO ACCESS, UNDERSTAND, AND IMPROVE THEIR HEALTH AND WELL-BEING. INNOVATION IN SENSING IS AN IMPORTANT COMPONENT TO CREATING A MEANS FOR APPEALING, USABLE, SMARTER DIGITAL HEALTH SOLUTIONS. THE NOKIA SENSING XCHALLENGE WAS COMPRISED OF TWO DISTINCT CHALLENGES HELD BETWEEN 2013 AND 2014. PRIZE PURSES TOTALING $2.25 MILLION WERE AWARDED.GLOBAL LEARNING XPRIZETHE GLOBAL LEARNING XPRIZE IS A COMPETITION THAT CHALLENGES TEAMS FROM AROUND THE WORLD TO DEVELOP OPEN SOURCE SCALABLE SOFTWARE SOLUTION THAT WILL ENABLE CHILDREN IN DEVELOPING COUNTRIES TO TEACH THEMSELVES BASIC READING, WRITING AND ARITHMETIC WITHIN THE 18 MONTH COMPETITION FIELD-TESTING PERIOD. AN ESTIMATED 250 MILLION CHILDREN AROUND THE WORLD CANNOT READ, WRITE, OR DEMONSTRATE BASIC ARITHMETIC SKILLS. MANY OF THESE CHILDREN ARE IN DEVELOPING COUNTRIES WITHOUT REGULAR ACCESS TO QUALITY SCHOOLS OR TEACHERS. THE LEARNING SOLUTIONS DEVELOPED BY THIS PRIZE WILL ENABLE A CHILD TO LEARN AUTONOMOUSLY. AND, THOSE CREATED BY THE FINALISTS WILL BE OPEN-SOURCED FOR ALL TO ACCESS, ITERATE AND SHARE. THIS TECHNOLOGY COULD BE DEPLOYED AROUND THE WORLD, BRINGING LEARNING EXPERIENCES TO CHILDREN OTHERWISE THOUGHT UNREACHABLE, WHO DO NOT HAVE ACCESS TO QUALITY EDUCATION, AND SUPPLEMENTING THE LEARNING EXPERIENCES OF CHILDREN WHO DO. THE $15 MILLION DOLLAR PRIZE IS SCHEDULED TO BE AWARDED THE FIRST QUARTER OF 2015 AS FOLLOWS: FIVE FINALISTS WILL BE AWARDED $1 MILLION EACH WILL BE AWARDED BY THE JUDGING PANEL TO TEAMS WITH THE BEST PROPOSED SOLUTIONS. THE GRAND PRIZE WINNER WILL BE AWARDED $10 MILLION FOR THE TOP PERFORMING TEAM SOLUTION BASED ON THE FIELD TESTING OF THE TEAMS.INNOVATION PARTNERSHIP PROGRAM (IPP)IPP IS A UNIQUE INNOVATION ECOSYSTEM BRINGING TOGETHER THE FORTUNE 500 TO MEET AND LEARN FROM SILICON VALLEY'S BRIGHTEST TECHNOLOGISTS, ENTREPRENEURS, INNOVATORS AND BUSINESS STRATEGISTS TO CREATE BREAKTHROUGH BUSINESS MODELS HARNESSING THE POWER OF DISRUPTIVE TECHNOLOGIES AND THE WISDOM OF THE CROWDS. IN 2014, THE PROGRAM HAD 17 MEMBER COMPANIES WHO CONVENED FOR TWO IMMERSIVE THREE DAY SESSIONS WHERE THEY LEARNED ABOUT THE CRITICAL ELEMENTS REQUIRED TO BECOME 'EXPONENTIAL' ORGANIZATIONS IN TERMS OF AWARENESS, EDUCATION, RELATIONSHIPS, AND KNOW HOW.ADVENTURE TRIP2014 FOCUSED ON INNOVATIONS IN THE WORLD OF SYNTHETIC BIOLOGY, HUMAN LONGEVITY AND ORGANOGENSIS.THE ITINERARY INCLUDED A VISIT TO GOOGLE HEADQUARTERS WITH A BRISK RIDE IN THEIR NEW AUTONOMOUS AUTOMOBILE. IN SAN FRANCISCO, 3D SYSTEMS, CAMBRIAN GENOMICS, GENOME COMPILER, GLOWING PLANT, UNIVERSAL BIOMING, MODERN MEADOW, MATTERNET, MADE IN SPACE, SUITABLE TECHNOLOGIES, UNBOUNDED ROBOTICS AND EKSO BIONICS TO SEE THE LATEST IN 3D PRINTING TECHNOLOGIES, ROBOTICS AND TELEPRESENCE SYSTEMS. GUESTS ALSO SAW THE LATEST IN SURGICAL ROBOTICS AT INTUITIVE SURGICAL. THE NEXT STOP WAS SAN DIEGO, CA FOR A VISIT TO QUALCOMM HEADQUARTERS TO FIND OUT ABOUT THE LATEST IN WIRELESS HEALTH DEVICES; PERSONAL GENOME ANALYSIS; TOUR J. CRAIG VENTER INSTITUTE AND TAKE A "WALKING TOUR" OF A FULL QUANTITATIVE NEUROIMAGE OF THE BRAIN PROVIDED BY CORTECHS LABS.GUESTS ALSO TOURED ORGANOVO TO SEE HOW THEY ARE LEADING THE CHARGE ON 3D BIO-PRINTING.ANNIVERSARY TRIPTHE XPRIZE ANSARI 10TH ANNIVERSARY TRIP FOCUSED ON THE 10TH ANNIVERSARY OF THE WINNING OF THE $10M ANSARI XPRIZE AND OFFERED UNPARALLELED INSIGHTS INTO COMMERCIAL SPACE.THE 4-DAY TRIP STARTED IN LOS ANGELES, MOVED TO MOJAVE DESERT AND ENDED IN LOS ANGELES. DURING THE TRIP, GUESTS HAD A NUMBER OF PRIVATE-ASTRONAUT TOUR-GUIDES INCLUDING ANOUSHEH ANSARI AND RICHARD GARRIOTT. THEY, ALONG WITH THE CEOS AND LEADERSHIP OF 10 OF THE TOP SPACE-COMPANIES, PROVIDED THEM WITH AN INSIDE VIEW OF THE SPACE EXPLORATION TECHNOLOGIES THAT EXIST TODAY AND THOSE THAT WILL TAKE US INTO TOMORROW. 10196586 2228091 16368405 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 1 107 0 1 73 1 0 0 0 0 0 0 0 0 0 0 X 10 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X WINONA DORRIS 3107414916 800 CORPORATE POINTE SUITE 350 CULVER CITY CA 90230 ANOUSHEH ANSARI DIRECTOR 1.00 X 0 0 0 AMIR ANSARI DIRECTOR 1.00 X 0 0 0 JACK BADER DIRECTOR 1.00 X 0 0 0 GIL ELBAZ DIRECTOR 1.00 X 0 0 0 JIM GIANOPULOS DIRECTOR 1.00 X 0 0 0 JEFF SHAMES DIRECTOR 1.00 X 0 0 0 PETER DIAMANDIS CHAIRMAN, CEO 40.00 X X 402285 0 28059 GREGG MARYNIAK SECRETARY 40.00 X X 162000 0 0 BARRY THOMPSON TREASURER 1.00 X X 0 0 0 ROBERT WEISS PRESIDENT AND VICE CHAIR 40.00 X X 538744 0 28746 PAUL RAPPOPORT CFO 40.00 X 336720 0 32447 EILEEN BARTHOLOMEW VP, PRIZE DEVELOPMENT 40.00 X 243792 0 22865 JOEL CARNES VP, PRIZE OPERATIONS 40.00 X 224049 0 5629 CHRISTOPHER FRANGIONE VP, PRIZE DEVELOPMENT 40.00 X 203412 0 4799 TRICIA HALAMANDARIS SVP, MARKETING 40.00 X 244829 0 13385 ROBERT HOLLANDER VP, BRAND AND CONTENT 40.00 X 230576 0 30456 PAUL BUNJE PRIZE OPERATIONS 40.00 X 160125 0 426 GRANT CAMPANY PRIZE LEAD 40.00 X 183000 0 7844 CHRISTINA CAVALLI SR DIRECTOR, HUMAN RESOURCES 40.00 X 162333 0 14757 BEAU FRANK DIRECTOR, TALENT ACQUISITIONS 40.00 X 171700 0 8563 JEFFREY NERDIN GENERAL COUNSEL 40.00 X 157500 0 17751 3421065 0 215727 37 0 1 0 MATTHEW KELLER 800 CORPORATE POINTE STE 350 CULVER CITY CA 90230 PRIZE DESIGN 200928 GREGG MARYNIAK 800 CORPORATE POINTE STE 350 CULVER CITY CA 90230 EDUCATION CONSULTANT 162000 ALISA FERGUSON 1942 GRAVE AVE APT 115 LOS ANGELES CA 90068 PRIZE DESIGN 133763 BLUE FISH 8033 W SUNSET BLVD STE 291 LOS ANGELES CA 90046 EVENT COORDINATION 116651 JESSICA CHING 1314 HOPKINS ST BERKELEY CA 94702 PRIZE DESIGN 102520 6 37136186 1862149 37136186 INNOVATION PARTNERSHIP PROGRAM 900099 1457091 1457091 ADVENTURE TRIPS 900099 735000 735000 REGISTRATION FEES 900099 36000 36000 2228091 57715 57715 261 -261 -261 -261 OTHER INCOME 900099 17451 17451 17451 39439182 2228091 0 74905 2314903 866545 1448358 10268641 6812476 2827509 628656 70482 62541 7941 723619 649648 73971 614698 535270 20613 58815 443730 361074 79202 3454 45970 45970 156000 156000 210431 171233 37560 1638 2193829 1542262 611040 40527 241411 120287 111406 9718 198079 57947 133578 6554 1013897 481737 484821 47339 1372106 1103872 203130 65104 2787 1394 1278 115 622379 265926 330999 25454 84485 34432 46743 3310 PROGRAM EVENT EXPENSE 2457058 2303363 153695 UNCOLLECTIBLE GRANT 600000 600000 STAFF DEVELOPMENT 233986 44985 169287 19714 RECOGNITION AWARDS 93635 93635 188052 103778 77588 6686 24150178 16368405 6629082 1152691 40178258 9407489 9540 33375597 15295752 26466753 4918870 9296531 467375 117258 4615323 1309230 3574018 3306093 13120 24732 64456933 81994453 3397270 2567615 6060931 5425006 13536399 17250495 22994600 25243116 X 10265193 10197943 31197140 46553394 41462333 56751337 64456933 81994453 15289004 0 X 0 1 X 1 0 X 17962401 30701664 30056861 22121138 37136186 137978250 17962401 30701664 30056861 22121138 37136186 137978250 29040475 108937775 5526 8363 61176 57358 57715 190138 28488 64772 93260 175 38588 17451 56214 138317862 1037286 0.78760 0.75300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: 2012 OTHER INCOME 175 2013 OTHER INCOME 38588 2014 OTHER INCOME 17451 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 156000 156000 22839905 22995905 1000000 250000 0 0 1000000 1000000 1500000 156000 156000 250000 250000 375000 2701689 485209 2216480 629863 313870 315993 1283771 510151 773620 3306093 PRIZE PURSES 17241820 CAPITAL LEASE 8675 17250495 X 38839182 0 38839182 600000 600000 39439182 23550178 0 23550178 600000 600000 24150178 PART X, LINE 2: IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," THE FOUNDATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE FOUNDATION HAS NO RECOGNIZED/DERECOGNIZED TAX BENEFITS, TAX PENALTIES OR INTEREST. AS OF DECEMBER 31, 2014, THE OPEN TAX YEARS FOR THE FOUNDATION WERE 2011 TO 2014. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNCOLLECTIBLE GRANT 600,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNCOLLECTIBLE GRANT 600,000. SOUTH ASIA 0 0 PROGRAM SERVICES AWARENESS 191896 0 0 0 0 0 0 191896 0 191896 0 0 0 0 0 0 X 1 ANONYMOUS LLC 23091 MILL CREEK DRIVE LAGUNA HILLS CA 92653 FUNDRAISING CONSULTANT 0 0 60000 -60000 60000 -60000 CA X X X X X X 0 0 0 0 0 0 0 0 0 PETER DIAMANDIS CHAIRMAN, CEO 402285 0 0 0 0 0 0 0 28059 0 430344 0 0 0 GREGG MARYNIAK SECRETARY 162000 0 0 0 0 0 0 0 0 0 162000 0 0 0 ROBERT WEISS PRESIDENT AND VICE CHAIR 538744 0 0 0 0 0 0 0 28746 0 567490 0 0 0 PAUL RAPPOPORT CFO 336720 0 0 0 0 0 4632 0 27815 0 369167 0 0 0 EILEEN BARTHOLOMEW VP, PRIZE DEVELOPMENT 243792 0 0 0 0 0 3469 0 19396 0 266657 0 0 0 JOEL CARNES VP, PRIZE OPERATIONS 224049 0 0 0 0 0 3328 0 2301 0 229678 0 0 0 CHRISTOPHER FRANGIONE VP, PRIZE DEVELOPMENT 203412 0 0 0 0 0 2937 0 1862 0 208211 0 0 0 TRICIA HALAMANDARIS SVP, MARKETING 244829 0 0 0 0 0 2906 0 10479 0 258214 0 0 0 ROBERT HOLLANDER VP, BRAND AND CONTENT 230576 0 0 0 0 0 2794 0 27662 0 261032 0 0 0 PAUL BUNJE PRIZE OPERATIONS 160125 0 0 0 0 0 0 0 426 0 160551 0 0 0 GRANT CAMPANY PRIZE LEAD 183000 0 0 0 0 0 1800 0 6044 0 190844 0 0 0 CHRISTINA CAVALLI SR DIRECTOR, HUMAN RESOURCES 162333 0 0 0 0 0 2165 0 12592 0 177090 0 0 0 BEAU FRANK DIRECTOR, TALENT ACQUISITIONS 171700 0 0 0 0 0 0 0 8563 0 180263 0 0 0 JEFFREY NERDIN GENERAL COUNSEL 157500 0 0 0 0 0 0 0 17751 0 175251 0 0 0 GREGG MARYNIAK BOARD MEMBER AND SECRETARY OF THE BOARD 162000 CONSULTING WORK FOR DEVELOPMENT OF EDUCATION PROGRAMS 0 X 1 1862149 FMV 0 0 1 PART I, LINE 32B: THE FOUNDATION UTILIZES A BROKER TO LIQUIDATE ANY STOCK DONATIONS IMMEDIATELY UPON CONTRIBUTION. FORM 990, PART III, LINE 1 THE X PRIZE FOUNDATION IS AN EDUCATION NON-PROFIT THAT STRIVES TO BRING ABOUT CREATIVE SOLUTIONS TO THE GRANDEST CHALLENGES FACING HUMANITY IN THE AREAS OF SPACE EXPLORATION, EDUCATION, HUMAN HEALTH, GLOBAL ENTREPRENEURSHIP, ENERGY AND TRANSPORTATION. THE FOUNDATION APPLIES AN EQUAL DEGREE OF DILIGENCE AND CARE IN DEVELOPING AND MANAGING PRIZE-INCENTIVE COMPETITIONS IN THOSE AREAS WHERE TECHNOLOGICAL INNOVATION IS STAGNANT OR REGULATORY AND MARKET FORCES PRESENT EXTRAORDINARY OBSTACLES. THE FOUNDATION'S UNDERLYING MISSION IS TO BRING ABOUT RADICAL BREAKTHROUGHS FOR THE BENEFIT OF HUMANITY. A CRITICAL ASPECT OF EACH COMPETITION WILL BE AN OVERALL EDUCATION CAMPAIGN AND DISSEMINATION OF SCIENTIFIC INFORMATION THAT IS GENERATED BY THE COMPETITION, WHICH WILL BE PUBLISHED ONLINE, AND IN TREATISE, THESIS, TRADE PUBLICATION, OR IN ANY OTHER FORM AVAILABLE TO THE INTERESTED PUBLIC. THE ORGANIZATION WILL ENSURE THAT THE COMPETITIONS ARE WIDELY-PUBLICIZED AND THE SCIENTIFIC RESULTS OF EACH COMPETITION ARE DISSEMINATED BROADLY. THE SUCCESS OF EACH COMPETITION HINGES ON THIS PUBLICITY. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS ANOUSHEH & AMIR ANSARI HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY INTERNAL MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IN CONJUNCTION WITH OUTSIDE TAX PREPARERS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND DISCUSSED WITH THE ENTIRE BOARD DURING ONE OF ITS REGULAR MEETINGS. ANY POTENTIAL ISSUES ARE IMMEDIATELY BROUGHT TO BOARD ATTENTION TO BE RESOLVED. THE BOARD OF DIRECTORS IS RESPONSIBLE (FINANCE COMMITTEE) FOR ENFORCING CONFLICT OF INTEREST ISSUES. FORM 990, PART VI, SECTION B, LINE 15 X PRIZE FOUNDATION ENGAGED THE SERVICES OF AN INDEPENDENT FIRM TO GIVE AN OPINION ON EXECUTIVE COMPENSATION. THE OPINION GIVEN WAS BASED ON REVIEW OF COMPENSATION LEVELS AT SIMILAR ORGANIZATIONS IN COMPARISON TO THOSE AT X PRIZE FOUNDATION. RESULTS OF THE STUDY WERE PROVIDED TO THE COMPENSATION COMMITTEE WHO IN TURN PRESENTED THE FINDING TO THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE REVIEWS AND DOCUMENTS OFFICER COMPENSATION ALONG WITH AN INDEPENDENT SALARY SURVEY DURING A MEETING. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION ON WWW.GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. GLXP LLC 5510 LINCOLN BLVD SUITE 100 PLAYA VISTA CA 90094 521876879 SPECIAL EVENTS DE X PRIZE FOUNDATION PIAXP LLC (DISSOLVED) 5510 LINCOLN BLVD SUITE 100 PLAYA VISTA CA 90094 262201181 SPECIAL EVENTS DE X PRIZE FOUNDATION X PRIZE FOUNDATION INDIA JEEVAN BHARATI 10TH FLOOR TOWER-I CONNAUGHT PLACE DELHI IN 110001 PUBLIC CHARITY IN N/A N/A X PRIZE FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0