Scients Institute
- Assets
- $14.2k
- Revenue
- $480.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 08/2019
- Data as of
- 12/2022
- 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.
For the year ending 12/2022, Scients Institute generated $480.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 57.2% each year . All expenses for the organization totaled $160.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jorge Moll Neto Trustee And President | 1 | $0 | |
Sergio DE Mello E Souza Trustee And Director | 1 | $0 | |
Albert Chan Trustee And Director | 1 | $0 | |
Sonoo Thadaney Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $480,638 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $480,638 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $743 |
| Printing and publications | $0 |
| Other expenses | $9 |
| Total operating and administrative expenses | $120,759 |
| Contributions, gifts, grants paid | $39,541 |
| Total expenses and disbursements | $160,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,167 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,167 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Scients Institute has awarded $39,541 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INSTITUTE OF GEOPHYSICS AND PLANETARY PHYSICS PURPOSE: FUNDING OF RESEARCH ACTIVITIES | $22,541 |
VICTOR EMMANUEL VIANA GEDDES PURPOSE: SCIENCE SCHOLARSHIP AWARD | $17,000 |