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Nonprofiteer
← CATALYST4 INC

Form 990 for tax year 2023

Filed by CATALYST4 INC.

Totals

Total revenue
$700,829,467
Total expenses
$88,039,993
Contributions and grants received
$613,833,518
Grants paid
$84,029,854
Program service revenue
$0
Investment income
$86,995,949
Other revenue
$0
Total assets, end of year
$1,139,515,662
Total liabilities, end of year
$59,375,598
Net assets or fund balances, end of year
$1,080,140,064
Program services expenses (Part IX)
$87,749,351
Management and general expenses
$290,642
Fundraising expenses
$0
Program service expenses (Part III)
$87,749,351

Program services were 99.7% 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

    $613,833,518

  • 1g · Noncash contributions included above

    $613,833,518

  • 3 · Investment income

    total $29,620,139 · excluded $29,620,139

  • 7a · Gross sales of assets other than inventory

    securities $678,430,971

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

    securities $621,055,161

  • 7c · Gain or loss

    securities $57,375,810

  • 7d · Net gain or loss

    total $57,375,810 · excluded $57,375,810

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $84,029,854 · program services $84,029,854

  • 11b · Fees: legal

    total $1,894,639 · program services $1,823,118 · management and general $71,521

  • 11c · Fees: accounting

    total $54,519 · management and general $54,519

  • 11g · Fees: other

    total $1,893,061 · program services $1,777,329 · management and general $115,732

  • 13 · Office expenses

    total $7,683 · program services $5,294 · management and general $2,389

  • 14 · Information technology

    total $2,629 · management and general $2,629

  • 17 · Travel

    total $64,390 · program services $64,390

  • 19 · Conferences, conventions and meetings

    total $19,366 · program services $19,366

  • 23 · Insurance

    total $43,333 · management and general $43,333

  • 24a · Other expenses: LICENSES & FEES

    total $30,519 · program services $30,000 · management and general $519

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,223,178 · end of year $6,630,202

  • 2 · Savings and temporary cash investments

    beginning of year $311,753,847 · end of year $843,467,574

  • 4 · Accounts receivable

    beginning of year $25,000 · end of year $43,087

  • 7 · Other notes and loans receivable

    beginning of year $2,500,000 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $268,250

  • 11 · Investments: publicly traded securities

    beginning of year $47,513,760

  • 12 · Investments: other securities

    beginning of year $67,522,150 · end of year $289,106,549

  • 17 · Accounts payable and accrued expenses

    beginning of year $55,175 · end of year $375,598

  • 18 · Grants payable

    beginning of year $0 · end of year $59,000,000

  • 27 · Net assets without donor restrictions

    beginning of year $430,482,760 · end of year $1,080,140,064

Mission and programs · 2023

Mission

TO FOSTER, SUPPORT, PROMOTE AND CONDUCT ACTIVITIES DESIGNED TO BENEFIT AND IMPROVE THE ENVIRONMENT AND GLOBAL HEALTH.

Activities or mission (Part I)

FOSTER, SUPPORT, AND CONDUCT ACTIVITIES TO IMPROVE THE ENVIRONMENT AND GLOBAL HEALTH.

  • SUPPORT FOR RESEARCH AND DEVELOPMENT RELATED TO CENTRAL NERVOUS SYSTEM ("CNS") NEUROLOGICAL DISEASES/DISORDERS (SUCH AS PARKINSON'S, ALZHEIMER'S, ALS, AUTISM, DEMENTIA, BIPOLAR, EPILEPSY, AND NEUROPATHIC PAIN).

    Expenses $54,037,043 · Grants $51,700,000

  • SUPPORT FOR INITIATIVES AND EFFORTS THAT ADDRESS CLIMATE AND ENVIRONMENTAL CHALLENGES, FOCUSING ON REDUCING EMISSIONS, ADVANCING CLEAN ENERGY SOLUTIONS, AND PROMOTING ENVIRONMENTAL SUSTAINABILITY AND RESILIENCE TO CLIMATE IMPACTS.

    Expenses $33,712,308 · Grants $32,329,854

As filed on the 2023 return.

Listed in Part VII

  • Robert Brown

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Mark Vorsatz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.8

  • Ekemini Riley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Tara Farnsworth

    SECRETARY & TREASURER

    Total calculated
    $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.

  • CURARE CNS LLC

    INVESTMENT · DE · income $0 · assets $82,057,443

    Directly controlled by CATALYST4 INC

Related partnerships

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

  • THE COLUMN GROUP-NEURO LP

    EXCLUDED · INVESTMENT · CA · 74.25% owned · share of income $461,794 · share of assets $39,421,791

    Directly controlled by CATALYST4 INC

  • NEXUS NEUROTECH FUND I LP

    EXCLUDED · INVESTMENT · CA · 94.5% owned · share of assets $7,170,554

    Directly controlled by CATALYST4 INC

  • HOMECOMING CAPITAL LLC

    EXCLUDED · INVESTMENT · CA · 100% owned · share of income -$571,444 · share of assets $19,769,667

    Directly controlled by CATALYST4 INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MAPLIGHT THERAPEUTICS INC

    C · BIOPHARMACEUTICAL · DE · 52.5% owned · share of income $1,095,675 · share of assets $47,989,725 · controlled entity

    Directly controlled by CATALYST4 INC

Provenance

Return type
form_990
Tax year
2023
Filed
18 October 2024
IRS schema version
2023v5.1
Source object
202433209349301968

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