Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 06-01-2020 , and ending 05-31-2021
Name of foundation
BREAKTHROUGH PRIZE FOUNDATION
 
% JAMES A HUTCHINSON ESQ
Number and street (or P.O. box number if mail is not delivered to street address)1900 N STREET NW
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20036
A Employer identification number

46-0677985
B Telephone number (see instructions)

(202) 346-4293
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,542,108
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 32,572,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 412 412  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 2 2 0
12 Total. Add lines 1 through 11........ 32,572,414 414 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 366,286     365,912
14 Other employee salaries and wages...... 1,614,051     1,563,527
15 Pension plans, employee benefits....... 155,822     143,129
16a Legal fees (attach schedule)......... 314,182 0 0 303,009
b Accounting fees (attach schedule)....... 89,742 0 0 86,194
c Other professional fees (attach schedule).... 2,190,811 0 0 2,307,825
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 201 0 0 0
19 Depreciation (attach schedule) and depletion... 63,277    
20 Occupancy.............. 347,993     453,274
21 Travel, conferences, and meetings....... 201,121     1,351,518
22 Printing and publications.......... 1,859     2,062
23 Other expenses (attach schedule)....... 7,674,828 468 0 9,278,481
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,020,173 468 0 15,854,931
25 Contributions, gifts, grants paid....... 12,240,000 11,214,094
26 Total expenses and disbursements. Add lines 24 and 25 25,260,173 468 0 27,069,025
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,312,241
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,123,379 6,485,129 6,485,129
3 Accounts receivable bullet8,096
Less: allowance for doubtful accounts bullet   5,953 8,096 8,096
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 1,671,322 1,665,071 1,665,071
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet348,727
Less: accumulated depreciation (attach schedule) bullet314,253 97,751 34,474 34,474
15 Other assets (describe bullet) Click to see attachment208,985 Click to see attachment349,338 Click to see attachment349,338
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,107,390 8,542,108 8,542,108
Liabilities 17 Accounts payable and accrued expenses.......... 2,557,804 1,324,373
18 Grants payable................. 652,739 8,647
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 3,210,543 1,333,020
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... -103,153 7,209,088
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... -103,153 7,209,088
30 Total liabilities and net assets/fund balances (see instructions). 3,107,390 8,542,108
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
-103,153
2
Enter amount from Part I, line 27a .....................
2
7,312,241
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,209,088
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,209,088
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 0
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 10
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet10 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA, DE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see attachment.............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.breakthroughprize.org
    14
    The books are in care ofbulletJAMES A HUTCHINSON ESQ Telephone no.bullet (202) 346-4293

    Located atbullet1900 N STREET NWWASHINGTONDC ZIP+4bullet20036
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
    Yes
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    YURI B MILNER TERM END 5721Click to see attachment DIRECTOR, PRESIDENT
    2.0
    11,000 0 0
    C/O JAMES A HUTCHINSON ESQ
    1900 N STREET NW
    WASHINGTON,DC20036
    JAMES HUTCHINSONClick to see attachment DIRECTOR, SECRETARY
    1.0
    0 0 0
    C/O JAMES A HUTCHINSON ESQ
    1900 N STREET NW
    WASHINGTON,DC20036
    SIMON PETER WORDENClick to see attachment CHAIRMAN, DIVISION EXEC. DIR.
    40.0
    320,613 9,109 0
    C/O JAMES A HUTCHINSON ESQ
    1900 N STREET NW
    WASHINGTON,DC20036
    BRECK HANCOCKClick to see attachment DIRECTOR, TREASURER
    1.0
    0 0 0
    C/O JAMES A HUTCHINSON ESQ
    1900 N STREET NW
    WASHINGTON,DC20036
    KARL JOHANSSONClick to see attachment DIRECTOR
    2.0
    9,722 0 0
    C/O JAMES A HUTCHINSON ESQ
    1900 N STREET NW
    WASHINGTON,DC20036
    MARGOT MCGINNESSClick to see attachment DIVISION EXECUTIVE DIRECTOR
    10.0
    69,443 0 0
    C/O JAMES A HUTCHINSON ESQ
    1900 N STREET NW
    Washington,DC20036
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    LEONID SOLOVYEV DIRECTOR OF OPS
    40.0
    330,000 0 0
    C/O JAMES A HUTCHINSON ESQ
    WASHINGTON,DC20036
    PETER D KLUPAR CHIEF ENGINEEER
    40.0
    283,331 9,333 0
    C/O JAMES A HUTCHINSON ESQ
    WASHINGTON,DC20036
    JAMIE DREW CHIEF OF STAFF
    40.0
    236,942 5,616 0
    C/O JAMES A HUTCHINSON ESQ
    WASHINGTON,DC20036
    JAMES SCHALKWYK PROGRAM MANAGER
    40.0
    201,992 6,679 0
    C/O JAMES A HUTCHINSON ESQ
    WASHINGTON,DC20036
    MATTHEW OOLEY CREATIVE DIRECTOR
    40.0
    190,270 2,448 0
    C/O JAMES A HUTCHINSON ESQ
    WASHINGTON,DC20036
    Total number of other employees paid over $50,000...................bullet 2
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    UNIVERSITY OF CALIFORNIA REGENTS SCIENTIFIC CONF. 2,767,109
    1111 FRANKLIN ST 12TH FL
    OAKLAND,CA94607
    UNIVERSITY OF SYDNEY RESEARCH AND PROGRAM 500,000
    CAMPERDOWN NSW 2006
    SYDNEY,NEW SOUTH WALES  
    AS
    CENTAURUS A HOLDINGS MANAGEMENT SERVICES 419,119
    4 HILL ST MAYFAIR
    LONDON   W1J 5NE
    UK
    Rubenstein Associates Consulting Services 257,996
    825 eighth avenue 34th floor
    NEW YORK,NY10019
    California Institute of Technology RESEARCH AND PROGRAM 198,000
    1200 East California Boulevard
    PASADENA,CA91125
    Total number of others receiving over $50,000 for professional services.............bullet26
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SEE GENERAL EXPLANATION ATTACHMENT 10,208,416
    2 SEE GENERAL EXPLANATION ATTACHMENT 10,051,950
    3 SEE GENERAL EXPLANATION ATTACHMENT 652,605
    4 SEE GENERAL EXPLANATION ATTACHMENT 281,354
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    3,496,473
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,496,473
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,496,473
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    52,447
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,444,026
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    172,201
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    172,201
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    0
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    172,201
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    172,201
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    172,201
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    27,069,025
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    27,069,025
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    27,069,025
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 172,201
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 18,766,978
    b From 2016...... 25,054,732
    c From 2017...... 22,570,783
    d From 2018...... 28,473,455
    e From 2019...... 25,796,353
    fTotal of lines 3a through e........ 120,662,301
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 27,069,025
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount..... 172,201
    e Remaining amount distributed out of corpus 26,896,824
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 147,559,125
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    18,766,978
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    128,792,147
    10 Analysis of line 9:
    a Excess from 2016.... 25,054,732
    b Excess from 2017.... 22,570,783
    c Excess from 2018.... 28,473,455
    d Excess from 2019.... 25,796,353
    e Excess from 2020.... 26,896,824
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BREAKTHROUGH PRIZE FOUNDATION
    1900 N STREET NW
    WASHINGTON,DC20036
    (202) 346-4293
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATION MAKES THE CANDIDATE SUBMISSION FORM AND CRITERIA AVAILABLE ON ITS WEBSITE: WWW.BREAKTHROUGHPRIZE.ORG > NOMINATIONS
    cAny submission deadlines:
    NOMINATION SUBMISSION DEADLINES ARE PROVIDED ON THE FOUNDATION WEBSITE. NOMINATIONS FOR BREAKTHROUGH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO BREAKTHROUGH PRIZE GRANTED BY THE FOUNDATION SHALL HAVE ANY AGE RESTRICTIONS. AGE RESTRICTIONS DO APPLY TO JR CHALLENGE AWARDS. ANY BREAKTHROUGH PRIZE OF THE FOUNDATION MAY BE RECEIVED MORE THAN ONCE. MEMBERS OF THE SELECTION COMMITTEE ARE ELIGIBLE TO BE NOMINATED TO RECEIVE THE BREAKTHROUGH PRIZE AND THE CONFLICT OF INTEREST POLICY WILL GOVERN THE PROCEDURES FOR SUCH NOMINEES. ANY PRIZE OF THE FOUNDATION CAN BE SHARED BY A NUMBER OF PEOPLE, INCLUDING COLLABORATIONS. ADDITIONAL INFORMATION ABOUT THE RULES OF ANY PROGRAM CAN BE FOUND ON THE FOUNDATION WEBSITE.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    Steven Weinberg
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Special Breakthrough Prize in Fundamental Physics 3,000,000
    Martin Hairer
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Mathematics 3,000,000
    Eric Adelberger
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 1,000,000
    Walter Alef
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Juan-Carlos Algaba
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Keiichi Asada
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Ilse Van Bemmel
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Wilfred Boland
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Silke Britzen
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Thomas Bronzwaer
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Chi-Kwan Chan
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Chih-Cheng Chang
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 2,594
    Shu-Hao Chang
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 2,594
    Koushik Chatterjee
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Chung-Chen Chen
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Thomas M Crawford
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Joseph Crowley
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Mark Derome
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Aaron Faber
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Heino Falcke
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Christian M Fromm
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    David M Gale
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Arturo I Gomez-Ruiz
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    David A Graham
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Frederic Gueth
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Jens Gundlach
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 1,000,000
    Chih-Chiang Han
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 2,594
    Kuo-Chang Han
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Jinchi Hao
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Blayne Heckel
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 1,000,000
    Ruben Herrero-Illana
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    David H Hughes
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    CM Violette Impellizzeri
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Makoto Inoue
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Svetlana Jorstad
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Taehyun Jung
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Tomohisa Kawashima
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Motoki Kino
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Patrick M Koch
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Yusuke Kono
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Shoko Koyama
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Michael Kramer
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Chao-Te Li
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 2,594
    Zhiyuan Li
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Kuan-Yu Liu
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Elisabetta Liuzzo
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Jirong Mao
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Karl M Menten
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Hugo Messias
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Daniel Michalik
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Izumi Mizuno
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Kotaro Moriyama
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Dirk Muders
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Cornelia Mueller
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Hideo Ogawa
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Hiroki Okino
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Hector Olivares
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Feryal Ozel
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Ue-Li Pen
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Vincent Pietu
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Nicolas Pradel
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Jorge A Preciado-Lopez
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Philippe A Raffin
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Freek Roelofs
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Eduardo Ros
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Alan L Roy
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Chet Ruszczyk
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Mahito Sasada
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Pim Schellart
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Des Small
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Ranjani Srinivasan
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Fumie Tazaki
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Sjoerd T Timmer
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Kenji Toma
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Sascha Trippe
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Shuichiro Tsuda
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Ta-Shun Wei
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 2,594
    Alan R Whitney
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    George N Wong
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Qingwen Wu
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Chen-Yu Yu
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Guangyao Zhao
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,645
    Ziyan Zhu
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Prize in Fundamental Physics 8,646
    Bhargav Bhatt
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Mathematics Prize 100,000
    Aleksandr Logunov
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Mathematics Prize 100,000
    Song Sun
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Mathematics Prize 100,000
    Ahmed Almheiri
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Physics Prize 25,000
    Netta Engelhardt
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Physics Prize 25,000
    Rouven Essig
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Physics Prize 25,000
    Henry Maxfield
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Physics Prize 25,000
    Geoff Penington
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Physics Prize 25,000
    Tracy Slatyer
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Physics Prize 100,000
    Javier Tiffenberg
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Physics Prize 25,000
    Tomer Volansky
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Physics Prize 25,000
    Tien-Tien Yu
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I New Horizons in Physics Prize 25,000
    Nina Holden
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Maryam Mirzakhani New Frontiers Prize 50,000
    Urmila Mahadev
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Maryam Mirzakhani New Frontiers Prize 50,000
    Lisa Piccirillo
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Maryam Mirzakhani New Frontiers Prize 50,000
    Samay Godika
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Junior Challenge 250,000
    Katherine Vladicka
    C/O Goodwin Procter LLP
    1900 N STREET NW
    Washington,DC20036
    NONE I Breakthrough Junior Challenge 50,000
    Milky Way Research Foundation
    1900 N Street NW
    Washington,DC20036
    NONE PF Life Science Research 1,670,000
    Khan Academy
    PO BOX 1630
    mountain view,CA94042
    None PC GENERAL OPERATING SUPPORT 100,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    255 MAIN STREET
    CAMBRIDGE,MA021421601
    NONE PC Research Support 300,000
    CARNEGIE MELLON UNIVERSITY
    5000 Forbes Avenue
    Pittsburgh,PA15213
    NONE PC Research Support 120,000
    Total .................................bullet 3a 12,884,094
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 412  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
             
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME
        01 2  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   414  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    414
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    BREAKTHROUGH PRIZE FOUNDATION
     
    Employer identification number

    46-0677985
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    BREAKTHROUGH PRIZE FOUNDATION
     
    Employer identification number
    46-0677985
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    BREAKTHROUGH GLOBAL FOUNDATION
    C/O CAVENDISH TRUST CO LTD 31-37 N
     
    DOUGLAS,   IM1 4LBIM

    $ 32,572,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    BREAKTHROUGH PRIZE FOUNDATION
     
    Employer identification number

    46-0677985
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    BREAKTHROUGH PRIZE FOUNDATION
     
    Employer identification number

    46-0677985
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 89,742 0 0 86,194

    TY 2020 CompensationExplanation
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Person Name Explanation
    SIMON PETER WORDEN IN ACCORDANCE WITH AN AGENCY AGREEMENT, BREAKTHROUGH PRIZE FOUNDATION PAID AN ADDITIONAL $34,299 TO THE INDIVIDUAL ABOVE FOR SERVICES PROVIDED TO BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION, A RELATED 501(C)(3) ORGANIZATION. BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION REIMBURSES BREAKTHROUGH PRIZE FOUNDATION ON A PERIODIC BASIS IN ACCORDANCE WITH THE AGENCY AGREEMENT. THE INDIVIDUAL SERVES AS THE EXECUTIVE DIRECTOR OF THE LIFE IN THE UNIVERSE DIVISION OF BREAKTHROUGH PRIZE FOUNDATION.
    KARL JOHANSSON THE INDIVIDUAL IDENTIFIED ABOVE WAS NOT COMPENSATED FOR HIS ROLE AS A DIRECTOR. THE INVIDIUAL INCURRED AN AVERAGE OF 2 HOURS A WEEK OF CONSULTING SERVICES IN SUPPORT OF THE FOUNDATION'S EXEMPT PURPOSES, AND THOSE SERVICES WERE UNRELATED TO HIS ROLE AS A DIRECTOR.
    MARGOT MCGINNESS THE INDIVIDUAL IDENTIFIED ABOVE SERVES AS THE EXECUTIVE DIRECTOR OF THE LIFE SCIENCES, MATHEMATICS, PHYSICS, AND JUNIOR CHALLENGE DIVISIONS OF BREAKTHROUGH PRIZE FOUNDATION. THE INDIVIDUAL WAS NOT COMPENSATED FOR HER ROLE AS EXECUTIVE DIRECTOR. THE INDIVIDUAL INCURRED AN AVERAGE OF 10 HOURS A WEEK OF CONSULTING SERVICES IN SUPPORT OF THE FOUNDATION'S EXEMPT PURPOSES, AND THOSE SERVICES WERE UNRELATED TO HER ROLE AS EXECUTIVE DIRECTOR.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    MILKY WAY RESEARCH FOUNDATION
     
    1900 N STREET NW
    WASHINGTON,DC20036
      1,670,000 To support the furtherance of medical research 1,531,342 NO 12/29/2021 2021-12-29 TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.

    TY 2020 GeneralExplanationAttachment
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Identifier Return Reference Explanation
    PART IX-A, LINE 1 PART IX-A, LINE 1 EXPENSES: $10,208,416 THE BREAKTHROUGH PRIZE FOUNDATION CONTINUED ITS INITIATIVE TO STUDY LIFE IN THE UNIVERSE. THE INITIATIVE CONSISTS OF A SCIENTIFIC SEARCH FOR SIGNS OF LIFE BEYOND EARTH. EXPENSES INCURRED AS PART OF THIS INITIATIVE DURING THE YEAR ENDED MAY 31, 2021 RELATED TO RESEARCH PROGRAMS AND THE ORGANIZATION OF CONFERENCES TO PROMOTE THE INITIATIVE. ACTIVE RESEARCH PROJECTS INCLUDE AN ASTRONOMICAL SURVEY OF THE MILLION CLOSEST STARS WITH THE WORLD'S MOST POWERFUL RADIO AND LASER TELESCOPES AND RESEARCH TO DEMONSTRATE PROOF OF CONCEPT FOR ULTRA-FAST LIGHT-DRIVEN "NANOCRAFTS" TO BE LAUNCHED TO ALPHA CENTAURI. THE INITIATIVES MAY FUND AN INTERNATIONAL COMPETITION TO GENERATE MESSAGES REPRESENTING HUMANITY AND PLANET EARTH, WHICH ONE DAY MIGHT BE SENT TO CIVILIZATIONS BEYOND EARTH. THE INITIATIVE IS INTENDED TO SPAN 10 YEARS AND EXPENSES ARE PLANNED TO TOTAL APPROXIMATELY $100,000,000. PART IX-A, LINE 2 EXPENSES: $10,051,950 THE FOUNDATION AWARDED PRIZES TO SCIENTISTS AND RESEARCHERS WHO DEMONSTRATED EXCELLENCE IN RESEARCH AIMED AT FUNDAMENTAL PHYSICS AND MATHEMATICS. A SPECIAL BREAKTHROUGH PRIZE IN FUNDAMENTAL PHYSICS WAS AWARDED TO ONE INDIVIDUAL WHO MADE ADVANCES IN THE PHYSICS FIELD. THE BREAKTHROUGH PRIZE IN MATHEMATICS WAS AWARDED TO ONE INDIVIDUAL WHO MADE SIGNIFICANT ACCOMPLISHMENTS IN MATHEMATICS. THE BREAKTHROUGH PRIZES IN FUNDAMENTAL PHYSICS WERE AWARED TO THREE INDIVIDUALS WHO MADE ADVANCES IN FIELDS WITH DEEP CONNECTIONS TO PHYSICS. THE NEW HORIZONS IN PHYSICS PRIZES WERE AWARDED TO NINE YOUNG RESEARCHERS WHO PRODUCED SIGNIFICANT WORK IN FIELDS WITH CONNECTIONS TO PHYSICS. THE NEW HORIZONS IN MATHEMATICS PRIZES WERE AWARDED TO THREE YOUNG RESEARCHERS WHO PRODUCED SIGNIFICANT WORK IN FIELDS WITH CONNECTIONS TO MATHEMATICS. THE MARYAM MIRZAKHANI NEW FRONTIERS PRIZE WAS AWARDED TO THREE OUTSTANDING WOMEN IN THE FIELD OF MATHEMATICS. TWO PRIZES WERE AWARDED FOR THE BREAKTHROUGH JUNIOR CHALLENGE, AN ANNUAL GLOBAL COMPETITION FOR STUDENTS TO INSPIRE CREATIVE THINKING ABOUT SCIENCE, INCLUDING ONE POST-SECONDARY SCHOLARSHIP AND ONE TEACHER PRIZE. PART IX-A, LINE 3 EXPENSES: $652,605 IN CONJUNCTION WITH THE BREAKTHROUGH PRIZE IN LIFE SCIENCES FOUNDATION, THE BREAKTHROUGH PRIZE FOUNDATION AWARDS PRIZES AT THE ANNUAL PRIZE CEREMONY. THE CEREMONY FEATURES CELEBRITY PRESENTATIONS, FILMS, COMEDY, AND LIVE MUSIC FROM MAJOR ARTISTS AND IS TELEVISED ON NATIONAL MEDIA OUTLETS. THE INTENT OF THE CEREMONY IS TO HELP CREATE AND STIMULATE INTEREST AND DISCOVERIES IN FUNDAMENTAL PHYSICS AND MATHEMATICS, 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, 2021 IN PREPARATION OF THE CEREMONY PRIOR TO CANCELLATION. PART IX-A, LINE 4 EXPENSES: $281,354 THE FOUNDATION CONTINUED THE BREAKTHROUGH JUNIOR CHALLENGE PROGRAM (BJC), WHICH IS AN ANNUAL GLOBAL COMPETITION FOR SCIENCE AND MATH STUDENTS TO INSPIRE CREATIVE THINKING ABOUT FUNDAMENTAL CONCEPTS IN THE LIFE SCIENCES, PHYSICS OR MATHEMATICS. STUDENTS AGES 13 TO 18 ARE INVITED TO PARTICIPATE AND ARE ASKED TO CREATE AND SUBMIT VIDEOS THAT BRING TO LIFE A CONCEPT OR THEORY IN THE LIFE SCIENCES, PHYSICS, OR MATHEMATICS. STUDENTS CAN OPT TO FOCUS A VIDEO SPECIFICALLY ON SPACE EXPLORATION, PROVIDED THE PARTICULAR SUBJECT MATTER FITS WITHIN ONE OF THE ORIGINAL THREE CATEGORIES. AT THE CONCLUSION OF THE CONTEST, THE BJC WILL DECLARE ONE OVERALL CHALLENGE WINNER AND RECOGNIZE ONE SPACE EXPLORATION CHAMPION. THE WINNER OF THE BJC WILL BE AWARDED A $250,000 COLLEGE SCHOLARSHIP, $50,000 FOR THE SCIENCE TEACHER WHO INSPIRED THEM, AND A STATE-OF-THE-ART SCIENCE LAB FOR THEIR SCHOOL, VALUED AT $100,000. THE SPACE EXPLORATION CHAMPION WILL RECEIVE THE OPPORTUNITY TO ATTEND A ROCKET LAUNCH ON A DATE TO BE DETERMINED IN 2022. EXPENSES ASSOCIATED WITH THE ADMINISTERING OF THE CHALLENGE IN THE MAY 31, 2021 TAX YEAR TOTALED $281,354.

    TY 2020 LegalFeesSchedule
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 314,182 0 0 303,009


    TY 2020 OtherAssetsSchedule
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE FROM RELATED PARTY 178,097 318,450 318,450
    SECURITY DEPOSIT 30,888 30,888 30,888


    TY 2020 OtherExpensesSchedule
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LIFE IN THE UNIVERSE        
    RESEARCH EXPENSE 4,384,102 0 0 4,409,592
    BREAKTHROUGH PRIZE -        
    LEASING OF TELESCOPES 3,194,838 0 0 4,775,317
    OFFICE EXPENSES 65,726 0 0 64,972
    BREAKTHROUGH JUNIOR CHALLENGE-        
    PROGRAM EXPENSES 22,123 0 0 21,029
    LIFE IN THE UNIVERSE-        
    PROGRAM EXPENSES 5,611 0 0 5,611
    SCHOLARSHIP PROGRAM FEES 1,950 0 0 1,950
    BANK FEES 468 468 0 0
    CALIFORNIA FILING FEES 10 0 0 10


    TY 2020 OtherIncomeSchedule2
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Miscellaneous INCOME 2 2 0


    TY 2020 OtherLiabilitiesSchedule
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED RENT    


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 1,871,432 0 0 1,923,530
    CEREMONY EXPENSE 137,965 0 0 177,048
    PUBLIC RELATIONS 125,000 0 0 125,000
    FILM PRODUCTION FEES 56,414 0 0 82,247


    TY 2020 TaxesSchedule
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 201 0 0 0


    TY 2020 TransfersToControlledEntities
    Name:
    BREAKTHROUGH PRIZE FOUNDATION
    EIN:
    46-0677985
    Name US /
    Foreign Address
    EIN Description Amount
    BREAKTHROUGH STARSHOT FOUNDATION LLC C/O JAMES A HUTCHINSON ESQ
    WASHINGTON,DC20036
    84-4020845 N/A 0
    BREAKTHROUGH WATCH FOUNDATION LLC C/O JAMES A HUTCHINSON ESQ
    WASHINGTON,DC20036
    46-0677985 N/A 0
    Total