Breakthrough Prize In Life Sciences Foundation

Organization Overview

Breakthrough Prize In Life Sciences Foundation is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Breakthrough Prize In Life Sciences Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 05/2022, Breakthrough Prize In Life Sciences Foundation generated $10.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $10.3m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (19.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Breakthrough Prize In Life Sciences Foundation has awarded 15 individual grants totaling $33,000,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION AWARDED PRIZES TO SCIENTISTS AND RESEARCHERS WHO DEMONSTRATED EXCELLENCE IN RESEARCH AIMED AT UNDERSTANDING LIVING SYSTEMS, CURING INTRACTABLE DISEASES AND EXTENDING HUMAN LIFE. THE BREAKTHROUGH PRIZES IN LIFE SCIENCES WERE AWARDED TO SIX INDIVIDUALS WHO MADE SIGNIFICANT ACCOMPLISHMENTS IN THESE AREAS.


IN CONJUNCTION WITH THE BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION, THE BREAKTHROUGH PRIZE FOUNDATION AWARDS PRIZES AT THE ANNUAL PRIZE CEREMONY. THE INTENT OF THE CEREMONY IS TO HELP CREATE AND STIMULATE INTEREST AND DISCOVERIES IN UNDERSTANDING LIVING SYSTEMS AND EXTENDING HUMAN LIFE, AND TO CREATE PUBLIC AWARENESS AND A SENSE OF EXCITEMENT IN THOSE FIELDS. AS A RESULT OF THE COVID-19 PANDEMIC, THE CEREMONY WAS CANCELLED. THE FOUNDATION INCURRED EXPENSES DURING THE FISCAL YEAR ENDING MAY 31, 2022 IN PREPARATION OF THE CEREMONY PRIOR TO CANCELLATION. THE CEREMONY FEATURES CELEBRITY PRESENTATIONS, FILMS, COMEDY, AND LIVE MUSIC FROM MAJOR ARTISTS AND IS AVAILABLE ON CERTAIN MAJOR OUTLETS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rubenstein Communications
$163,215
Brass Lab Llc
$195,000
Centaurus A Holdings
$128,334
The Adrenaline Group
$120,000
Think Big Group Llc
$120,832
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $10,652,650
Interest on Savings $196
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1
Total Revenue $10,652,847

Grants Awarded

Over the last fiscal year, Breakthrough Prize In Life Sciences Foundation has awarded $9,000,000 in support to 6 organizations.

Grant RecipientAmount

JEFFERY W KELLY

PURPOSE: 2022 BREAKTHROUGH PRIZE IN LIFE SCIENCES

$3,000,000

KATALIN KARIKO

PURPOSE: 2022 BREAKTHROUGH PRIZE IN LIFE SCIENCES

$1,500,000

DREW WEISSMAN

PURPOSE: 2022 BREAKTHROUGH PRIZE IN LIFE SCIENCES

$1,500,000

PASCAL MAYER

PURPOSE: 2022 BREAKTHROUGH PRIZE IN LIFE SCIENCES

$1,000,000

DAVID KLENERMAN

PURPOSE: 2022 BREAKTHROUGH PRIZE IN LIFE SCIENCES

$1,000,000

SHANKAR BALASUBRAMANIAN

PURPOSE: 2022 BREAKTHROUGH PRIZE IN LIFE SCIENCES

$1,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Breakthrough Prize In Life Sciences Foundation has recieved totaling $6,894,650.

Awarding OrganizationAmount
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: General Nonprofit Support

$3,000,000
Anne Wojcicki Foundation

Los Altos, CA

PURPOSE: BREAKTHROUGH PRIZE AND GENERAL OPERATING SUPPORT

$1,947,325
Sergey Brin Family Foundation

San Francisco, CA

PURPOSE: BREAKTHROUGH PRIZE AND GENERAL OPERATING SUPPORT

$1,947,325
View Grant Recipient Profile

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