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← MARGOT AND TOM PRITZKER SCIENCE FOUNDATION

Form 990 for tax year 2023

Filed by MARGOT AND TOM PRITZKER SCIENCE FOUNDATION.

Totals

Total revenue
$32,507,049
Total expenses
$2,054,606
Contributions and grants received
$32,200,000
Grants paid
$1,641,256
Program service revenue
$0
Investment income
$307,049
Other revenue
$0
Total assets, end of year
$30,759,282
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$30,759,282
Program services expenses (Part IX)
$1,868,816
Management and general expenses
$185,790
Fundraising expenses
$0
Program service expenses (Part III)
$1,868,816

Program services were 91.0% 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

    $32,200,000

  • 3 · Investment income

    total $302,235 · excluded $302,235

  • 7a · Gross sales of assets other than inventory

    securities $4,814

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

    securities $0

  • 7c · Gain or loss

    securities $4,814

  • 7d · Net gain or loss

    total $4,814 · excluded $4,814

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,641,256 · program services $1,641,256

  • 5 · Compensation of officers, directors and key employees

    total $37,000 · program services $37,000

  • 11b · Fees: legal

    total $3,542 · management and general $3,542

  • 11c · Fees: accounting

    total $112,818 · program services $62,818 · management and general $50,000

  • 11f · Fees: investment management

    total $100,000 · management and general $100,000

  • 11g · Fees: other

    total $136,842 · program services $116,445 · management and general $20,397

  • 13 · Office expenses

    total $3,385 · program services $529 · management and general $2,856

  • 17 · Travel

    total $17,446 · program services $10,768 · management and general $6,678

  • 24a · Other expenses: OTHER EXPENSES

    total $2,317 · management and general $2,317

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $306,839 · end of year $8,259,282

  • 12 · Investments: other securities

    end of year $22,500,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $306,839 · end of year $30,759,282

Mission and programs · 2023

Mission

SEE SCHEDULE OTHE MISSION OF THE FOUNDATION IS TO PROMOTE SOCIAL WELFARE BY FOCUSING ON THE BETTERMENT OF SOCIETY THROUGH SCIENCE, INCLUDING THE USE OF MATHEMATICS AND TECHNOLOGY IN PURSUIT OF SOLUTIONS TO SCIENCE-BASED CHALLENGES AS CRITICAL TO BOTH UNDERSTANDING AND TRANSFORMING THE WORLD.

Activities or mission (Part I)

SEE SCHEDULE OTHE MISSION OF THE FOUNDATION IS TO PROMOTE SOCIAL WELFARE BY FOCUSING ON THE BETTERMENT OF SOCIETY THROUGH SCIENCE.

  • THE FOUNDATION MAKES GRANTS IN FURTHERANCE OF ITS MISSION NOTED ABOVE. THIS YEAR A GRANT WAS MADE TO THE UNIVERSITY OF CHICAGO, WHICH IS REQUIRED TO USE THE GRANT TO ESTABLISH AND OPERATE A NEW, STATE-OF-THE-ART PLANT BIOLOGY CENTER FOCUSED ON COMPREHENSIVELY INVESTIGATING NEW PATHWAYS TO PROMOTE PLANT GROWTH AND YIELD INCREASE OF CROPS.

    Expenses $1,707,975 · Grants $1,500,000

  • A GRANT WAS MADE TO THE UNIVERSITY OF CHICAGO TO TRAIN A NEW GENERATION OF INTERDISCIPLINARY SCIENTISTS, AND FOSTER NEW COLLABORATIONS WITH PARTNERS WORLDWIDE. CORE TO THIS INITIATIVE WAS AN AI+SCIENCE CONFERENCE ORGANIZED BY THE SCHOOL.

    Expenses $160,841 · Grants $141,256

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Maroon Private Trust Company LLC

    TRUSTEE

    Total calculated
    $37,000
    From this org
    $37,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

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.

Grants on this return

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • MARGOT AND TOM PRITZKER FOUNDATION LLC

    GRANTMAKING · SD · income -$28,941 · assets $171,058

    Directly controlled by MARGOT AND TOM PRITZKER FOUNDATION

  • TPO C4 HOLDINGS LLC

    HOLDING COMPANY · SD · income -$150,201 · assets $25,350,201

    Directly controlled by MARGOT AND TOM PRITZKER FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202433199349312523

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