Totals
- Total revenue
- $2,404,522
- Total expenses
- $1,966,829
- Contributions and grants received
- $2,382,693
- Grants paid
- $109,058
- Program service revenue
- $872
- Investment income
- $17,374
- Other revenue
- $3,583
- Total assets, end of year
- $2,030,817
- Total liabilities, end of year
- $111,555
- Net assets or fund balances, end of year
- $1,919,262
- Program services expenses (Part IX)
- $1,727,832
- Management and general expenses
- $189,244
- Fundraising expenses
- $49,753
- Program service expenses (Part III)
- $1,727,832
Program services were 87.8% 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
$2,382,693
-
1g · Noncash contributions included above
$372,881
-
2a · Program service revenue: Conference & Event Income
total $872 · related or exempt $872
-
3 · Investment income
total $12,981 · excluded $12,981
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $9,965 · other assets $96,539
-
7b · Less cost or other basis and sales expenses
securities $5,516 · other assets $96,595
-
7c · Gain or loss
securities $4,449 · other assets -$56
-
7d · Net gain or loss
total $4,393 · excluded $4,393
-
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: Miscellaneous Income
total $2,912 · related or exempt $2,912
-
11b · Other revenue: Reimbursements
total $671 · related or exempt $671
-
11e · Other revenue, total
$3,583
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $35,063 · program services $35,063
-
2 · Grants to domestic individuals
total $73,995 · program services $73,995
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $261,543 · program services $193,965 · management and general $30,679 · fundraising $36,899
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $271,279 · program services $219,391 · management and general $51,888
-
8 · Pension plan contributions
total $4,777 · program services $3,847 · management and general $930
-
9 · Other employee benefits
total $2,143 · program services $2,071 · management and general $72
-
10 · Payroll taxes
total $24,197 · program services $19,489 · management and general $2,947 · fundraising $1,761
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $26,953 · program services $18,864 · management and general $8,089
-
11c · Fees: accounting
total $15,854 · management and general $15,854
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $122,663 · program services $86,900 · management and general $35,763
-
12 · Advertising and promotion
total $80,704 · program services $80,704
-
13 · Office expenses
total $0
-
14 · Information technology
total $90,021 · program services $89,782 · management and general $239
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $45,436 · program services $39,765 · management and general $5,671
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $27 · program services $27
-
23 · Insurance
total $0
-
24a · Other expenses: Other Direct Program Expenses
total $429,984 · program services $429,984
-
24b · Other expenses: Event expenses
total $412,394 · program services $412,394
-
24c · Other expenses: Bank charges
total $21,597 · program services $2,049 · management and general $19,548
-
24d · Other expenses: Insurance
total $19,123 · program services $15,970 · management and general $1,974 · fundraising $1,179
-
24e · All other expenses
total $29,076 · program services $3,572 · management and general $15,590 · fundraising $9,914
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $326,117 · end of year $180,643
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $50,000 · end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,202 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$51,485
-
10b · Land, buildings and equipment: accumulated depreciation
$50,871
-
10c · Land, buildings and equipment, net
beginning of year $641 · end of year $614
-
11 · Investments: publicly traded securities
beginning of year $1,066,988 · end of year $1,288,851
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $374,200 · end of year $560,709
-
17 · Accounts payable and accrued expenses
beginning of year $43,275 · end of year $102,824
-
25 · Other liabilities
beginning of year $12,863 · end of year $8,731
-
27 · Net assets without donor restrictions
beginning of year $1,372,456 · end of year $1,607,136
-
28 · Net assets with donor restrictions
beginning of year $390,554 · end of year $312,126
Mission and programs · 2022
Mission
Technology Education
-
FORESIGHT INSTITUTE PROGRAMSForesight Institute advances technologies of fundamental importance to the long-term future of life and the biosphere, focusing on molecular machine nanotechnology, longevity, neurotechnology, space technology, and computer science. We reward excellence, restrain recklessness, and create community to promote beneficial uses of these technologies and reduce misuse and accidents potentially associated with them.Foresight Programs in nanotechnology, biotechnology, computer science, space technology, neurotech, foresight.To translate the expertise of 10+ years of technical competitions for advancing biotechnology, nanotechnology, and computation into consistent long-term progress, Foresight Institute leads year-long strategy groups. Foresight also hosts technical in-person workshops in these areas. Invited participants included leading scientists, entrepreneurs and institutional allies connected by a virtual community and meet monthly online to focus on advancing a crucial aspect of their field, prompted by invited guest speakers. The goal is to develop concrete projects for solving foundational problems in each field open for governmental and philanthropic funding, or investment.Nanotechnology Program: Molecular Machines Group A group of scientists, entrepreneurs, and institutional allies who cooperate to make progress on molecular machines. Connected by a virtual group, this program advances the work of those working to create atomically precise applications in energy, medicine, and materials science toward Feynmans vision of molecular nanotechnology.Longevity Program: Health Extension Group This group of scientists, entrepreneurs, and institutional allies meets monthly to cooperate in spurring field-wide progress on technologies that fight aging and increase human healthspan. AI Cyberspace Program: Intelligent Cooperation GroupA group of experts in computer science, cryptography, AI, and related fields, connected by a virtual group, who cooperate on applying these tools to build a future defined by intelligent cooperation and seek decentralized defenses against automated physical and digital threats.Neurotech: Improving Cognition. A group of neuroscience researchers, entrepreneurs, and allies advancing beneficial short-term and long-term neurotechnology applications.Space: A group of researchers, entrepreneurs, and allies advancing space technologies, from near-term applications to long-term exploration.
Expenses $1,653,837 · Grants $109,058
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $73,995
As filed on the 2022 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Allison Duettmann
President
- Total calculated
- $170,320
- From this org
- $165,461
- From related orgs
- $0
- Other
- $4,859
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,461
- Bonus
- not reported
- Other
- not reported
- Deferred
- $2,855
- Nontaxable benefits
- $2,004
- Filer's total
- $170,320
-
Beatrice Erkers
COO
- Total calculated
- $91,223
- From this org
- $91,223
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Brandon Goldman
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Sonia Arrison
Director
- Total calculated
- $0
- Hours/week
- 1
-
James C Bennett
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chip Morningstar
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Dean Tribble
Director
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 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
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
-
AI Objectives Institute
$35,063
General sponsorship
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303069349301475
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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