Nobel Foundation
- Assets
- $446.1m
- Revenue
- $50.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 04/1952
- Data as of
- 12/2021
- EIN
- 23-7328457
Organization Overview
Nobel Foundation is located in null. The organization was established in 1952. According to its NTEE Classification (U20) the organization is classified as: General Science, 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. Nobel 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 12/2021, Nobel Foundation generated $50.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $13.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MANAGING THE ASSETS MADE AVAILABLE THROUGH ALFRED NOBEL'S WILL FOR AWARDING THE NOBEL PRIZES IN PHYSICS, CHEMISTRY, PHYSIOLOGY OR MEDICINE, LITERATURE AND PEACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NOBEL FOUNDATION WAS FORMED IN 1900 TO FINANCE NOBEL PRIZES AND EXPENSES RELATED TO PRIZE AWARDS EFFORTS. THE TOTAL NUMBER OF NOBEL PRIZES SINCE 1901 IS 989.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl-Henrik Heldin Chairman | Trustee | 1 | $8,426 |
Goran K Hansson Director | Trustee | 1 | $1,719 |
Tomas Nicolin Director | Trustee | 0.5 | $3,814 |
Mats Malm Director | Trustee | 0.5 | $4,547 |
Thomas Perlmann Director | Trustee | 0.5 | $4,547 |
Gunnar Ingelman Alternate | Trustee | 0.5 | $1,171 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Scanworld Travel Agency | 12/30/22 | $356,229 |
Stadshusrestauranger Restaurant | 12/30/22 | $376,606 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,107,164 |
| 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 | $2,107,164 |
| Total Program Service Revenue | $0 |
| Investment income | $3,279,311 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $44,858,264 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,244,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,589,058 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,036,896 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $252,934 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $533,851 |
| Pension plan accruals and contributions | $146,882 |
| Other employee benefits | $25,275 |
| Payroll taxes | $35,432 |
| Fees for services: Management | $11,043 |
| Fees for services: Legal | $38,651 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,125,317 |
| Fees for services: Other | $395,760 |
| Advertising and promotion | $0 |
| Office expenses | $71,334 |
| Information technology | $117,431 |
| Royalties | $0 |
| Occupancy | $744,449 |
| Travel | $1,865 |
| 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 | $5,784 |
| Insurance | $12,857 |
| All other expenses | -$2,385,646 |
| Total functional expenses | $13,341,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,148,598 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150,787 |
| 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 | $317,463 |
| Net Land, buildings, and equipment | $203,056 |
| Investments—publicly traded securities | $412,055,174 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $179,232 |
| Other assets | $0 |
| Total assets | $446,054,310 |
| Accounts payable and accrued expenses | $5,405,815 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,405,815 |
| Net assets without donor restrictions | $151,939,407 |
| Net assets with donor restrictions | $288,709,088 |
| 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 | $446,054,310 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|