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← LIGHTCONE FOUNDATION

Form 990 for tax year 2023

Filed by LIGHTCONE FOUNDATION.

Totals

Total revenue
$2,990,256
Total expenses
$12,541,185
Contributions and grants received
$6,658,531
Grants paid
$12,150,000
Program service revenue
$0
Investment income
-$3,668,275
Other revenue
$0
Total assets, end of year
$182,181,800
Total liabilities, end of year
$66,102
Net assets or fund balances, end of year
$182,115,698
Program services expenses (Part IX)
$12,183,707
Management and general expenses
$357,478
Fundraising expenses
$0
Program service expenses (Part III)
$12,183,707

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.

  • 1f · All other contributions, gifts and grants

    $6,658,531

  • 1g · Noncash contributions included above

    $125,741

  • 3 · Investment income

    total $2,167,634 · excluded $2,167,634

  • 7a · Gross sales of assets other than inventory

    securities $88,148,741

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

    securities $93,984,650

  • 7c · Gain or loss

    securities -$5,835,909

  • 7d · Net gain or loss

    total -$5,835,909 · excluded -$5,835,909

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,150,000 · program services $12,150,000

  • 11c · Fees: accounting

    total $11,200 · management and general $11,200

  • 11f · Fees: investment management

    total $346,143 · management and general $346,143

  • 24a · Other expenses: LICENSES & PERMITS

    total $135 · management and general $135

  • 24e · All other expenses

    total $33,707 · program services $33,707

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100 · end of year $782,351

  • 2 · Savings and temporary cash investments

    end of year $5,366,800

  • 4 · Accounts receivable

    end of year $259

  • 11 · Investments: publicly traded securities

    beginning of year $136,001,122 · end of year $156,275,289

  • 12 · Investments: other securities

    beginning of year $11,626,506 · end of year $19,719,505

  • 15 · Other assets

    beginning of year $65,512 · end of year $37,596

  • 17 · Accounts payable and accrued expenses

    end of year $64,482

  • 22 · Loans and payables to officers and key people

    end of year $1,620

  • 27 · Net assets without donor restrictions

    beginning of year $147,693,240 · end of year $182,115,698

Mission and programs · 2023

Mission

TO SERVE AS A CHARITABLE AND EDUCATIONAL ORGANIZATION, SUPPORTING THE CHARITABLE MISSION OF THE FUTURE OF LIFE FOUNDATION, PRIMARILY VIA GRANTMAKING.

Activities or mission (Part I)

TO SUPPORT THE CHARITABLE MISSION OF THE FUTURE OF LIFE FOUNDATION, PRIMARILY VIA GRANTMAKING.

  • THE ONLY 2023 PROGRAM SERVICE WAS GRANTMAKING TO IMPROVE BENEFITS AND REDUCE RISKS OF TECHNOLOGY.

    Expenses $12,183,707 · Grants $12,150,000

As filed on the 2023 return.

Listed in Part VII

  • Max Tegmark

    BOARD PRESIDENT

    Total calculated
    $409,755
    From this org
    $0
    From related orgs
    $409,755
    Other
    $0
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $409,755 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $409,755 related

  • Anthony Aguirre

    BOARD SECRETARY

    Total calculated
    $493,589
    From this org
    $0
    From related orgs
    $466,686
    Other
    $26,903
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $466,686 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $10,462 related
    Nontaxable benefits
    $0 + $16,441 related
    Filer's total
    $0 + $493,589 related

  • Mihaela Chita-Tegmark

    BOARD TREASURER

    Total calculated
    $27,077
    From this org
    $0
    From related orgs
    $27,077
    Other
    $0
    Hours/week
    0.1 + 4.9 related

  • Jaan Tallinn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related

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

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION BY THE FUTURE OF LIFE INSTITUTE, A RELATED ORGANIZATION, WAS DETERMINED ACCORDING TO ITS POLICIES.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • FUTURE OF LIFE INSTITUTE (FLI)

    501(C)(3) · RESEARCH, EDUCATION & GRANTMAKING · PA · controlled entity

    Directly controlled by FLF FLIE LIGHTCONE FOUNDATION (LF)

  • FUTURE OF LIFE FOUNDATION (FLF)

    501(C)(3) · RESEARCH & GRANTMAKING · CA · controlled entity

    Directly controlled by FLI FLIE LF

  • IMPROVE THE NEWS FOUNDATION (ITNF)

    501(C)(3) · FACILITATING FREE ACCESS TO UNBIASED NEWS · DE · controlled entity

    Directly controlled by FLI FLF FLIE LF BAIF SAIRI CLF

  • BENEFICIAL AI FOUNDATION (BAIF)

    501(C)(3) · WORK TO HELP ENSURE THAT ARTIFICIAL INTELLIGENCE IS BENEFICIAL · DE · controlled entity

    Directly controlled by FLI FLF FLIE LF SAIRI ITNF CLF

  • CIVIL LIBERTIES FOUNDATION (CLF)

    501(C)(3) · FURTHERING CIVIL LIBERTIES · DE · controlled entity

    Directly controlled by FLI FLF FLIE LF BAIF SAIRI ITNF

  • SOCIAL AI RESEARCH INSTITUTE (SAIRI)

    501(C)(3) · NON-PROFIT RESEARCH · DE · controlled entity

    Directly controlled by FLI FLF FLIE LF BAIF ITNF CLF

  • FUTURE OF LIFE INSTITUTE EUROPE (FLIE)

    GRANTMAKING · SZ · controlled entity

    Directly controlled by FLI FLF LF

Provenance

Return type
form_990
Tax year
2023
Filed
4 May 2026
IRS schema version
2023v6.0
Source object
202621259349303312

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