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Nonprofiteer
← THE METHUSELAH FOUNDATION

Form 990 for tax year 2022

Filed by THE METHUSELAH FOUNDATION.

Totals

Total revenue
$2,395,694
Total expenses
$6,545,508
Contributions and grants received
$2,206,743
Grants paid
$4,752,097
Program service revenue
$0
Investment income
$188,043
Other revenue
$908
Total assets, end of year
$14,872,253
Total liabilities, end of year
$10,223
Net assets or fund balances, end of year
$14,862,030
Program services expenses (Part IX)
$5,396,027
Management and general expenses
$1,149,481
Fundraising expenses
$0
Program service expenses (Part III)
$5,321,026

Program services were 82.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,206,743

  • 1g · Noncash contributions included above

    $61,904

  • 3 · Investment income

    total $92,377

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $99,456

  • 7b · Less cost or other basis and sales expenses

    securities $3,790

  • 7c · Gain or loss

    securities $95,666 · other assets $0

  • 7d · Net gain or loss

    total $95,666

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Credit Card Rebates

    total $908

  • 11e · Other revenue, total

    $908

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,204,850 · program services $4,204,850

  • 2 · Grants to domestic individuals

    total $15,000 · program services $15,000

  • 3 · Grants to foreign organizations and individuals

    total $532,247 · program services $532,247

  • 5 · Compensation of officers, directors and key employees

    total $241,891 · program services $197,503 · management and general $44,388

  • 9 · Other employee benefits

    total $17,383 · program services $484 · management and general $16,899

  • 10 · Payroll taxes

    total $12,648 · management and general $12,648

  • 11a · Fees: management

    total $792,124 · program services $408,748 · management and general $383,376

  • 11b · Fees: legal

    total $443,717 · management and general $443,717

  • 11c · Fees: accounting

    total $35,201 · management and general $35,201

  • 12 · Advertising and promotion

    total $5,306 · program services $1,500 · management and general $3,806

  • 13 · Office expenses

    total $9,720 · program services $1,328 · management and general $8,392

  • 14 · Information technology

    total $63,993 · program services $409 · management and general $63,584

  • 16 · Occupancy

    total $49,063 · management and general $49,063

  • 17 · Travel

    total $87,020 · program services $33,800 · management and general $53,220

  • 19 · Conferences, conventions and meetings

    total $5,658 · program services $158 · management and general $5,500

  • 22 · Depreciation, depletion and amortization

    total $5,857 · management and general $5,857

  • 23 · Insurance

    total $6,442 · management and general $6,442

  • 24a · Other expenses: Trademarks

    total $5,650 · management and general $5,650

  • 24b · Other expenses: Financial Services Fees

    total $5,200 · management and general $5,200

  • 24c · Other expenses: Telecommunications

    total $6,538 · management and general $6,538

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $853,821 · end of year $1,280,172

  • 2 · Savings and temporary cash investments

    beginning of year $10,239,627 · end of year $5,626,774

  • 4 · Accounts receivable

    beginning of year $2,852

  • 10a · Land, buildings and equipment: cost or other basis

    $205,112

  • 10b · Land, buildings and equipment: accumulated depreciation

    $26,260

  • 10c · Land, buildings and equipment, net

    beginning of year $150,228 · end of year $178,852

  • 12 · Investments: other securities

    beginning of year $15,775 · end of year $8,929

  • 13 · Investments: program-related

    beginning of year $7,769,519 · end of year $7,777,526

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,625 · end of year $10,223

Mission and programs · 2022

Mission

Methuselah Foundation works to accelerate technological breakthroughs in healthy human life extension through regenerative medicine and nutrition research initiatives, startup incubation, and open innovation challenges

Activities or mission (Part I)

Methuselah Foundation works to accelerate technological breakthroughs in healthy human life extension through regenerative medicine and nutrition research initiatives, startup incubation, and open innovation challenges.

  • Senescence Research into the biological process and biomarkers of aging and development of disruptive regenerative medicine biotechnologies cell therapies and senescence inhibiting pharmaceutical protocols

    Expenses $5,103,362 · Grants $4,647,097

  • Expenses $115,647

  • Expenses $102,017

As filed on the 2022 return.

Listed in Part VII

  • David Gobel

    CEO

    Total calculated
    $241,891
    From this org
    $241,891
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Itemized on Schedule J with no Part VII listing of the same name on this return:

  • David Gobel CEO

    Schedule J breakdown

    Base
    $241,891
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,383
    Filer's total
    $259,274

Answered yes

  • 3 · Compensation survey or study

Answered no

  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception
  • 9 · Followed the rebuttable-presumption procedure

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • Methuselah Fund

    Excluded · Investments · VA · 100% owned · share of income -$2,564 · share of assets $1,161,513 · general or managing partner

    Directly controlled by Methuselah Fdn

Provenance

Return type
form_990
Tax year
2022
Filed
13 April 2023
IRS schema version
2022v5.0
Source object
202430399349300718

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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