Scients Institute
- Assets
- $133.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-1681707
Organization Overview
Scients Institute is located in Palo Alto, CA. The organization was established in 2019. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scients Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT RESEARCH, PERFORM STUDIES, COLLECT DATA, AND CATALYZE SCIENTIFIC PROGRESS AND INNOVATION TO CREATE IMPACTFUL SOLUTIONS AND DISCOVERIES FOR THE BENEFIT OF THE PUBLIC;ENGAGE IN ACTIVITIES THAT BRIDGE SCIENCE, TECHNOLOGY AND HUMAN VALUES THROUGH CROSS-DISCIPLINARY COLLABORATIONS; COORDINATE WITH OTHER ORGANIZATIONS TO INTEGRATE UNIQUE EXPERTISE AND RESEARCH FINDINGS FOR THE PURPOSE OF BRINGING TOGETHER CRITICAL HUMAN AND MATERIAL RESOURCES TO SOLVE CHALLEGING COMMUNITY PROBLEMS;SUPPORT SCIENTIFIC RESEARCH AND INNOVATION BY EMPOWERING SCIENTISTS AND RESEARCHERS, WORKING COLLABORATIVELY, IN A QUEST TO SEEK SOLUTIONS TO A MYRIAD OF ISSUES AND PROBLEMS IN AREAS DEALING WITH NEUROSCIENCE, HUMANVALUES, EMPATHY, ALTRUISM, WELL-BEING, AND MENTAL HEALTH;PROVIDE A REPOSITORY OF KNOWLEDGE FOR THE COMMUNITY;SUPPORT YOUNG AS WELL AS EXPERIENCED RESEARCHERS AND PROFESSIONALS DERIVED FROM THE COUNTRIES OF BRAZIL AND UNITED STATES TO PURSUE HIGHER SCIENTIFIC AND HUMAN DEVELOPMENT GOALS;
Describe the Organization's Program Activity:
Part 3 - Line 4a
1ST EXEMPT PURPOSE SPONSORSHIP GRANTS DURING 2019 INCLUDED 01/29/2019 DR. EDWIN MAY'S SPONSORSHIP: 12,000; 01/29/2019 LABORATORIES FOR FUNDAMENTAL RESEARCH'S SPONSORSHIP: 3,200; 02/20/2019 BRAZIL @ SILICON VALLEY'S SPONSORSHIP: 50,000; 06/04/2019 JORDAN GRAFMAN'S SPONSORSHIP: 10,000; 07/31/2019 STANFORD UNIVERSITY'S SPONSORSHIP (PRESENCE AFFILIATE FEE): 50,000; 08/03/2019 LABORATORIES FOR FUNDAMENTAL RESEARCH'S SPONSORSHIP: 15,000 08/03/2019 LABORATORIES FOR FUNDAMENTAL RESEARCH'S SPONSORSHIP: 1,264; 10/30/2019 KING'S COLLEGE'S SPONSORSHIP: 9,340; 02.03.2020 LABORATORY FOR FUNDAMENTAL RESEARCH'S SPONSORSHIP: $15,000; 04.02.2020: GOOD JUDGEMENT INC'S SPONSORSHIP: $10,000; 06.17.2020 LABORATORY FUNDAMENTAL RESEARCH'S SPONSORSHIP: $15,000; 09.16.2020 LABORATORY FUNDAMENTAL RESEARCH'S SPONSORSHIP: $1,000; 10.07.2020: JORDAN GRAFMAN'S SPONSORSHIP: $10,000; 06/09/2021: DR. PRANAB DAS SERVICES (SCIENTS INSTITUTE NEEDS AND OPPORTUNITIES MAPPING; SCIENTS INSTITUTE STRATEGY; AND COMMUNICATIONS PLAN) - $15,000.00; 01/27/2021: LABORATORIES FOR FUNDAMENTAL RESEARCH'S SPONSHORSHIP - $15,000; 05/14/2021: LABORATORIES FOR FUNDAMENTAL RESEARCH'S SPONSORSHIP'S - $26,100.00; 07/21/2021: INTEGRATIVE RESTORATION INSTITUTE - $5,250.00; 08/21/2021: DR. RUSELL BISHOP'S RESEARCH - $29,218.75; 08/02/2021: DR. RUSELL BISHOP'S RESEARCH - $5,517.34; 09/22/2021: DR. RUSELL BISHOP'S RESEARCH - $10,000.00; 11/03/2021: DR. RUSELL BISHOP'S RESEARCH - $5,000; 11/03/2021: DR. RUSELL BISHOP'S RESEARCH - $420.00; 12/15/2021: DR. RUSELL BISHOP'S RESEARCH - $5,015.00.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sergio DE Mello E Souza Trustee & Director | OfficerTrustee | 0 | $0 |
Jorge Moll Trustee & President | OfficerTrustee | 0 | $0 |
Albert Chan Trustee & Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,350 |
| Grants and other assistance to domestic individuals. | $70,171 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,863 |
| Fees for services: Legal | $2,185 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,080 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $737 |
| All other expenses | $50 |
| Total functional expenses | $125,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,829 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $133,829 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $440,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $440,000 |
| Net assets without donor restrictions | -$306,171 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $133,829 |
Grants Awarded
Over the last fiscal year, Scients Institute has awarded $46,350 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LABORATORY FUNDAMENTAL RESEARCH PURPOSE: Research Sponsorship. | $41,100 |
San Rafael, CA PURPOSE: Research Sponsorship. | $5,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Flextech Alliance Inc San Jose, CA | $34,447,158 | $61,964,414 |
Wadhwani Institute For Artificial Intelligence Foundation Los Altos, CA | $3,256,790 | $7,610,704 |
Imec Inc San Francisco, CA | $1,494,519 | $4,897,734 |
Scintillon Institute San Diego, CA | $1,260,479 | $3,205,276 |
Kestrel Institute Palo Alto, CA | $2,764,272 | $3,386,483 |
Open Research Lab Inc Oakland, CA | $10,022,134 | $10,163,260 |
Sierra Institute For Community And Taylorsville, CA | $4,935,635 | $3,987,418 |
Phoenix Bioinformatics Corporation Newark, CA | $2,438,726 | $1,432,149 |
Scientific Analysis Corp Alameda, CA | $2,082,230 | $1,446,716 |
Biocom Institute San Diego, CA | $371,676 | $1,938,912 |
Group Conscience San Diego, CA | $762,518 | $582,951 |
Project Invent San Francisco, CA | $570,134 | $1,005,665 |