Breakthrough Prize Foundation

Organization Overview

Breakthrough Prize Foundation is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Breakthrough Prize 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 Foundation generated $48.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $47.7m during the year ending 05/2022. While expenses have increased by 23.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Breakthrough Prize Foundation has awarded 621 individual grants totaling $68,721,462. 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

SEE GENERAL EXPLANATION


SEE GENERAL EXPLANATION


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SEE GENERAL EXPLANATION


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
University Of California Berkeley
$3,802,083
Centaurus A Holdings
$522,614
Rubenstein Associates
$255,670
Endless Frontier Associates Llc
$250,000
Dstg Services Llc
$192,754
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $48,294,000
Interest on Savings $1,693
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 $2
Total Revenue $48,295,695

Grants Awarded

Over the last fiscal year, Breakthrough Prize Foundation has awarded $33,302,516 in support to 43 organizations.

Grant RecipientAmount

AMERICAN RED CROSS

PURPOSE: TO SUPPORT HUMANITARIAN RELIEF EFFORTS TO HELP PEOPLE AFFECTED BY THE CRISIS IN UKRAINE

$3,000,000

TAKURO MOCHIZUKI

PURPOSE: 2022 BREAKTHROUGH PRIZE IN MATHEMATICS

$3,000,000

MILKY WAY RESEARCH FOUNDATION

PURPOSE: LIFE SCIENCE RESEARCH

$2,923,919

MILKY WAY RESEARCH FOUNDATION

PURPOSE: LIFE SCIENCE RESEARCH

$2,885,135

MILKY WAY RESEARCH FOUNDATION

PURPOSE: LIFE SCIENCE RESEARCH

$2,721,470

MILKY WAY RESEARCH FOUNDATION

PURPOSE: LIFE SCIENCE RESEARCH

$2,179,158
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Breakthrough Prize Foundation has recieved totaling $600,000.

Awarding OrganizationAmount
E&ss Foundation Inc

Atlanta, GA

PURPOSE: EDUCATION

$600,000
View Grant Recipient Profile

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