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Nonprofiteer
← CATALYST4 INC

Form 990 for tax year 2024

Filed by CATALYST4 INC.

Totals

Total revenue
$48,489,989
Total expenses
$80,949,362
Contributions and grants received
$0
Grants paid
$44,025,060
Program service revenue
$0
Investment income
$48,489,989
Other revenue
$0
Total assets, end of year
$1,099,305,270
Total liabilities, end of year
$37,520,177
Net assets or fund balances, end of year
$1,061,785,093
Program services expenses (Part IX)
$78,588,857
Management and general expenses
$2,360,505
Fundraising expenses
$0
Program service expenses (Part III)
$78,588,857

Program services were 97.1% 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.

  • 3 · Investment income

    total $35,179,504 · excluded $35,179,504

  • 7a · Gross sales of assets other than inventory

    securities $34,338,298

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

    securities $21,027,813

  • 7c · Gain or loss

    securities $13,310,485

  • 7d · Net gain or loss

    total $13,310,485 · excluded $13,310,485

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $43,025,060 · program services $43,025,060

  • 3 · Grants to foreign organizations and individuals

    total $1,000,000 · program services $1,000,000

  • 11b · Fees: legal

    total $1,513,577 · program services $1,242,633 · management and general $270,944

  • 11c · Fees: accounting

    total $53,050 · management and general $53,050

  • 11g · Fees: other

    total $4,205,273 · program services $2,239,745 · management and general $1,965,528

  • 13 · Office expenses

    total $2,035 · program services $667 · management and general $1,368

  • 14 · Information technology

    total $8,453 · program services $3,200 · management and general $5,253

  • 17 · Travel

    total $50,637 · program services $50,637

  • 19 · Conferences, conventions and meetings

    total $1,023,284 · program services $1,023,284

  • 23 · Insurance

    total $47,395 · management and general $47,395

  • 24a · Other expenses: R&D COLLABORATIVE EXP

    total $30,000,000 · program services $30,000,000

  • 24b · Other expenses: STATE TAXES

    total $13,100 · management and general $13,100

  • 24c · Other expenses: MEALS & ENTERTAINMENT

    total $3,481 · program services $3,481

  • 24d · Other expenses: LICENSES & FEES

    total $3,290 · program services $150 · management and general $3,140

  • 24e · All other expenses

    total $727 · management and general $727

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,630,202 · end of year $40,317

  • 2 · Savings and temporary cash investments

    beginning of year $843,467,574 · end of year $400,957,971

  • 4 · Accounts receivable

    beginning of year $43,087 · end of year $57,948

  • 9 · Prepaid expenses and deferred charges

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

  • 12 · Investments: other securities

    beginning of year $289,106,549 · end of year $698,249,034

  • 17 · Accounts payable and accrued expenses

    beginning of year $375,598 · end of year $637,964

  • 18 · Grants payable

    beginning of year $59,000,000 · end of year $36,882,213

  • 27 · Net assets without donor restrictions

    beginning of year $1,080,140,064 · end of year $1,061,785,093

Mission and programs · 2024

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 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 $41,733,204 · Grants $40,875,060

  • 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 $36,855,653 · Grants $3,150,000

As filed on the 2024 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 $15,317

    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 $249,964 · share of assets $60,249,547

    Directly controlled by CATALYST4 INC

  • NEXUS NEUROTECH FUND I LP

    EXCLUDED · INVESTMENT · CA · 94.82% owned · share of income $4,094 · share of assets $34,008,004

    Directly controlled by CATALYST4 INC

  • HOMECOMING CAPITAL LLC

    EXCLUDED · INVESTMENT · CA · 100% owned · share of income $19,574,819 · share of assets $17,440,164

    Directly controlled by CATALYST4 INC

  • NEXUS NEUROTECH SPV I LP

    EXCLUDED · INVESTMENT · CA · 94.5% owned · share of assets $7,673,416

    Directly controlled by CATALYST4 INC

  • NEXUS NEUROTECH SPV II LP

    EXCLUDED · INVESTMENT · CA · 94.5% owned · share of assets $4,814,919

    Directly controlled by CATALYST4 INC

  • NEXUS NEUROTECH SPV III LP

    EXCLUDED · INVESTMENT · CA · 95% owned · share of assets $14,340,487

    Directly controlled by CATALYST4 INC

  • THE COLUMN GROUP-NEURO II LP

    EXCLUDED · INVESTMENT · CA · 74.94% owned · share of assets $401,748

    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 · 55.4% owned · share of income $2,972,764 · share of assets $75,851,464 · controlled entity

    Directly controlled by CATALYST4 INC

  • BRIDGE ANALYTICS DATA AND SCIENCE SERVICES INC

    C · DATA ANALYSIS · DE · 100% owned · share of assets $76,085 · controlled entity

    Directly controlled by CATALYST4 INC

  • SONEIRA INC PBC

    C · BIOPHARMACEUTICAL · DE · 56.05% owned · share of income $69,301 · share of assets $1,852,501 · controlled entity

    Directly controlled by CATALYST4 INC

  • STELLAROMICS INC

    C · BIOPHARMACEUTICAL · DE · 75.09% owned · share of income $1,206,535 · share of assets $26,716,800 · controlled entity

    Directly controlled by CATALYST4 INC

Provenance

Return type
form_990
Tax year
2024
Filed
10 November 2025
IRS schema version
2024v5.2
Source object
202543159349304074

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