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← GRUBER FOUNDATION

Form 990 for tax year 2022

Filed by GRUBER FOUNDATION.

Totals

Total revenue
$7,178,975
Total expenses
$6,579,121
Contributions and grants received
$0
Grants paid
$6,002,350
Program service revenue
$0
Investment income
$7,178,975
Other revenue
$0
Total assets, end of year
$223,850,688
Total liabilities, end of year
$681,423
Net assets or fund balances, end of year
$223,169,265
Program services expenses (Part IX)
$6,471,406
Management and general expenses
$107,715
Fundraising expenses
$0
Program service expenses (Part III)
$6,471,406

Program services were 98.4% 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.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $7,178,975 · excluded $7,178,975

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,352,350 · program services $4,352,350

  • 2 · Grants to domestic individuals

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

  • 3 · Grants to foreign organizations and individuals

    total $650,000 · program services $650,000

  • 11g · Fees: other

    total $343,158 · program services $248,611 · management and general $94,547 · fundraising $0

  • 12 · Advertising and promotion

    total $8,627 · program services $8,627

  • 13 · Office expenses

    total $7,792 · program services $5,477 · management and general $2,315

  • 14 · Information technology

    total $636 · program services $445 · management and general $191

  • 17 · Travel

    total $157,921 · program services $147,259 · management and general $10,662

  • 19 · Conferences, conventions and meetings

    total $34,925 · program services $34,925

  • 24a · Other expenses: Medals

    total $23,712 · program services $23,712

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $48,142 · end of year $645,478

  • 2 · Savings and temporary cash investments

    beginning of year $1,077,989 · end of year $566,385

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $143,448,110 · end of year $139,123,464

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $81,859,640 · end of year $83,515,361

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,984 · end of year $466

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $907,942 · end of year $680,957

  • 31 · Retained earnings, endowment or other funds

    beginning of year $225,522,955 · end of year $223,169,265

Mission and programs · 2022

Mission

The gruber foundation honors individuals in the fields of cosmology, genetics, neuroscience, justice, and women's rights, whose groundbreaking work provides new models that inspire and enable fundamental shifts in knowledge and culture.

Activities or mission (Part I)

Honor and advance scientific research, support scientific scholarship, and further global justice and women's rights.

  • The Gruber Foundation ("The Foundation") supports three major initiatives: The Gruber International Prize Program, The Gruber Program for Global Justice and Women's Rights, and the Gruber Science Fellowship program. The Gruber International Prize Program, which awarded $1,500,000 in prizes during the year, recognizes excellence in the fields of Cosmology, Genetics, and Neuroscience. The Gruber Program for Global Justice and Women's Rights is a Yale University program consisting of four core components: 1) the Global Constitutionalism Seminar, 2) the Gruber Distinguished Global Justice and Women's Rights Lectures, 3) the Gruber Global Justice and Women's Rights Fellowships, and 4) the gruber project for global justice and women's rights which provides clinical and experiential learning initiatives at Yale Law School that are consistent with the principles and ideals of the program. The Gruber Science Fellowship program provides annual fellowships to Yale University graduate students studying and conducting research in the basic life sciences, as well as in cosmology and astrophysics. The Foundation provided grants of $4,212,350 to Yale University of which $1,200,000 supported the Gruber Program for Global Justice and Women's Rights and $3,012,350 supported the Gruber Science Fellowship program. In addition, $290,000 of fellowships and other grants were paid during the fiscal year.

    Expenses $6,471,406 · Grants $6,002,350

As filed on the 2022 return.

Listed in Part VII

  • Pericles Lewis

    President and Director (through 9/14/22)

    Total calculated
    $586,244
    From this org
    $0
    From related orgs
    $511,167
    Other
    $75,077
    Hours/week
    0.2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $490,667 related
    Bonus
    $0
    Other
    $0 + $20,500 related
    Deferred
    $0 + $34,450 related
    Nontaxable benefits
    $0 + $40,627 related
    Filer's total
    $0 + $586,244 related
  • Steven Wilkinson

    President and Director (effective 9/15/22)

    Total calculated
    $631,462
    From this org
    $0
    From related orgs
    $552,332
    Other
    $79,130
    Hours/week
    0.2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $537,861 related
    Bonus
    $0
    Other
    $0 + $14,471 related
    Deferred
    $0 + $34,450 related
    Nontaxable benefits
    $0 + $44,680 related
    Filer's total
    $0 + $631,462 related
  • B Waring Partridge

    Director

    Total calculated
    $0
    Hours/week
    0.2
  • Joan E O'Neill

    Director

    Total calculated
    $823,735
    From this org
    $0
    From related orgs
    $753,636
    Other
    $70,099
    Hours/week
    0.2 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $679,970 related
    Bonus
    $0
    Other
    $0 + $73,666 related
    Deferred
    $0 + $34,450 related
    Nontaxable benefits
    $0 + $35,649 related
    Filer's total
    $0 + $823,735 related
  • Patricia Gruber

    Director

    Total calculated
    $0
    Hours/week
    0.2
  • Peter Salovey

    Director

    Total calculated
    $2,318,366
    From this org
    $0
    From related orgs
    $2,209,809
    Other
    $108,557
    Hours/week
    0.2 + 52 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,450,796 related
    Bonus
    $0
    Other
    $0 + $759,013 related
    Deferred
    $0 + $34,450 related
    Nontaxable benefits
    $0 + $74,107 related
    Filer's total
    $0 + $2,318,366 related
  • Elizabeth Bilodeau

    VP, Treasurer, and Secretary

    Total calculated
    $190,014
    From this org
    $0
    From related orgs
    $168,412
    Other
    $21,602
    Hours/week
    0.2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $168,412 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $17,782 related
    Nontaxable benefits
    $0 + $3,820 related
    Filer's total
    $0 + $190,014 related
  • Benjamin Polak

    Former President and Director

    Total calculated
    $527,338
    From this org
    $0
    From related orgs
    $475,748
    Other
    $51,590
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $455,248 related
    Bonus
    $0
    Other
    $0 + $20,500 related
    Deferred
    $0 + $34,450 related
    Nontaxable benefits
    $0 + $17,140 related
    Filer's total
    $0 + $527,338 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
A listed person participated in a supplemental nonqualified retirement plan during the calendar year 2022 as described below: Yale University, a supported organization, agreed to supplement the retirement income for a director of the Gruber Foundation, in his capacity as a Yale employee, by making an annual contribution to a nonqualified deferred compensation plan, subject to vesting conditions based on continuing service to the University and adjusted for earnings based on positive performance of the endowment. A portion of this benefit vested in 2022 and is reflected in Schedule J, Part II, Column (B)(III).
Schedule J, Part I Lines 1-3
BECAUSE THE OFFICERS AND DIRECTORS DO NOT RECEIVE ANY COMPENSATION FROM THE GRUBER FOUNDATION, LINES 1-3 WERE LEFT BLANK.
Schedule J, Part II, Column (F) Compensation reported in prior form 990
This amount is also included in Column (E). It is, therefore, double reported in part II and does not represent additional compensation.

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.

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.

Related partnerships

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

  • See Part VII

Related corporations and trusts

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

  • See Part VII

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202441359349307124

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