2025-11-17T17:01:49-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2024-01-01 521876879 X PRIZE FOUNDATION INC XPRI 3107414880 10736 JEFFERSON BLVD SUITE 406 CULVER CITY CA 90230 MICHAEL BIRNBACH CHIEF FINANCIAL OFFICER 3107414880 2025-11-17 1 1 LORI ROTHE YOKOBOSKY P01273422 9164429100 2025-11-17 2024 2025-03-06 01:10:19Z MICHAEL BIRNBACH 10736 JEFFERSON BLVD SUITE 406 CULVER CITY CA 90230 94595700 0 X WWW.XPRIZE.ORG X 1994 CA TO BRING ABOUT RADICAL BREAKTHROUGHS FOR THE BENEFITS OF HUMANITY, THEREBY INSPIRING THE FORMATION OF NEW INDUSTRIES AND THE REVITALIZATION OF MARKETS 17 17 122 17 0 0 28438232 41198091 0 0 2756411 6330298 206420 500 31401063 47528889 0 0 0 0 16686807 19492071 0 0 6790764 9777331 29640269 26464138 49132340 4936925 -1603451 151641597 146450974 120633696 116001952 31007901 30449022 X SEE SCHEDULE O 0 0 37522559 500 X PRIZE FOUNDATION, INC. ("X PRIZE") IS A NOT-FOR-PROFIT 501(C)(3) DELAWARE CORPORATION FOSTERING AND SPONSORING COMPETITION TO CREATE INNOVATIVE BREAKTHROUGHS FOR THE BENEFIT OF HUMANITY. THE FOUNDATION CONDUCTS COMPETITIONS IN SEVEN PRIZE GROUPS: LEARNING AND SOCIETY, CLIMATE AND ENERGY, FOOD WATER WASTE, HEALTH, DEEP TECH AND QUANTUM, SPACE AND EXPLORATION, BIODIVERSITY AND CONSERVATION. THE FOUNDATION PROVIDES AND OPERATES EDUCATION AND OUTREACH PROGRAMS RELATED TO ITS MISSION. THESE ACTIVITIES CONSIST OF SPEECHES, VISUAL PRESENTATIONS AND EDUCATIONAL MATERIALS IN PARTNERSHIP WITH KEY ACADEMIC INSTITUTIONS, AS WELL AS RESEARCH AND PUBLICATION OF INFORMATION IN THE GENERAL PUBLIC INTEREST. 37522559 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 69 0 1 122 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MICHAEL BIRNBACH 3107414880 10736 JEFFERSON BLVD SUITE 406 CULVER CITY CA 90230 AMIR ANSARI BOARD MEMBER 1.00 X 0 0 0 ANU JAIN BOARD MEMBER 1.00 X 0 0 0 DAVID BLUNDIN BOARD MEMBER 1.00 X 0 0 0 DON WALKER BOARD MEMBER 1.00 X 0 0 0 ERIC ESRAILIAN BOARD MEMBER 1.00 X 0 0 0 GIL ELBAZ BOARD MEMBER 1.00 X 0 0 0 GREGG MARYNIAK SECRETARY 1.00 X X 0 0 0 HELENE DESMARAIS BOARD MEMBER UNTILL 04/1 1.00 X 0 0 0 JAMES GIANOPULOS BOARD MEMBER 1.00 X 0 0 0 JEFFREY SHAMES BOARD MEMBER 1.00 X 0 0 0 JOHN FRANK BOARD MEMBER 1.00 X 0 0 0 KELLY VLAHAKIS-HANKS BOARD MEMBER 1.00 X 0 0 0 LAETITIA GARRIOTT DE CAYEUX BOARD MEMBER 1.00 X 0 0 0 LAUREN SELIG BOARD MEMBER 1.00 X 0 0 0 MARK SIEGEL BOARD MEMBER 1.00 X 0 0 0 ROBERT WEISS VICE CHAIRMAN 1.00 X X 0 0 0 SALIM ISMAIL BOARD MEMBER 1.00 X 0 0 0 VANESSA SPEER BOARD MEMBER 1.00 X 0 0 0 ANOUSHEH ANSARI CHIEF EXECUTIVE OFFICER 40.00 X 1017714 0 35906 PETER DIAMANDIS FOUNDER & CHAIRMAN 40.00 X 254129 0 41922 ANDREW TAUHERT CHIEF IMPACT OFFICER 40.00 X 323946 0 23270 JAMES MAINARD CHIEF TECHNOLOGY OFFICER 40.00 X 370159 0 32361 JENNIFER HASLIP CHIEF MARKETING OFFICER 40.00 X 189578 0 11663 KATHRYN MANDATO CHIEF PEOPLE OFFICER 40.00 X 314878 0 20361 MICHAEL BIRNBACH CHIEF FINANCIAL OFFICER 40.00 X 264235 0 38220 OSE UGOCHUKWU GENERAL COUNSEL 40.00 X 283709 0 18791 STEELE FORD CHIEF ADVANCEMENT OFFICER 40.00 X 389359 0 46254 ALEXANDER NICHOLAS EVP, LEARNING AND SOCIETY 40.00 X 252282 0 16913 ELAINE HUNGENBERG SVP, PARTNERSHIPS AND IMPACT 40.00 X 263567 0 38591 JAMIE JUSTICE EVP, HEALTH 40.00 X 281482 0 40443 LAUREN GREENLEE EVP, FOOD WATER WASTE 40.00 X 248568 0 9668 PETER HOULIHAN EVP, BIODIVERSITY AND CONSERVATION 40.00 X 300158 0 16391 4753764 0 390754 76 0 1 0 JJLA 3780 WILSHIRE BLVD SUITE 601 LOS ANGELES CA 90010 EVENTS 612763 TPR ENTERPRISES LLC 909 LOCUST ST SUITE 202 DES MOINES IA 50309 TESTING VALIDATION 533520 VOX MEDIA LLC 1701 RHODE ISLAND AVE NW WASHINGTON DC 20036 PRODUCTION SERVICES 255000 DALRADIA LLC 78 E PIERSON ST PHOENIX AZ 85012 CONSULTING 165000 TEMPERATE STRATEGIES PO BOX 371 LOOKOUT MOUNTAIN TN 37350 CONSULTING 162871 7 41198091 41198091 6841533 6841533 46555576 47066811 -511235 -511235 -511235 500 500 500 47528889 500 0 6330298 3676455 2310625 462401 903429 13285610 8394137 1621206 3270267 231694 135838 40147 55709 1161254 680820 201218 279216 1137058 666635 197025 273398 326950 192759 106018 28173 112791 66498 36574 9719 1683841 1137118 305544 241179 371316 234207 51721 85388 803114 500456 74970 227688 241324 163219 23031 55074 3156746 2420805 298976 436965 85153 53710 11861 19582 74666 49777 6969 17920 PRIZE PURSE AWARDS 13535981 13535981 COMMUNICATION AND MARKE 3532941 2960951 132997 438993 TEAM/TESTING ACTIVITIES 3145817 3145817 PROGRAM EVENT EXPENSE 2264816 680945 1205902 377969 304813 192261 42457 70095 49132340 37522559 4819017 6790764 37911303 57752800 3658819 7684494 301979 626233 773108 96774 149607 424540 332754 115931 91786 108912629 79981250 8389 8389 9540 9540 151641597 146450974 2096167 2407811 25542301 16431839 92995228 97162302 120633696 116001952 X 16249000 17631000 14758901 12818022 31007901 30449022 151641597 146450974 -1603451 1044572 0 X 0 1 X 1 0 X 24090511 19847982 17090955 28438232 41198091 130665771 24090511 19847982 17090955 28438232 41198091 130665771 9471532 121194239 88140 305896 1273489 2756411 6841533 11265469 29096 1609488 31076 206420 500 1876580 143807820 0.84280 0.88110 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 29,096. 2021 AMOUNT: $ 13,344. 2022 AMOUNT: $ 31,076. 2023 AMOUNT: $ 56,420. 2024 AMOUNT: $ 500. GAIN ON EARLY LEASE TERMINATION - 2021 AMOUNT: $ 1,596,144. BAD DEBT RECOVERY - 2023 AMOUNT: $ 150,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 424540 332754 91786 91786 SCHWAB-UNRESTRICTED 79981250 C 79981250 PRIZE PURSES 97162302 97162302 X PART X, LINE 2: THE FOUNDATION IS A NOT-FOR PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE REVENUE AND TAXATION CODE OF THE STATE OF CALIFORNIA AND IS NOT REQUIRED TO FILE A TAX RETURN. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2024. THE FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR FISCAL YEARS 2023, 2022 AND 2021 REMAIN OPEN. THE FOUNDATION'S STATE INCOME TAX RETURNS FOR FISCAL YEARS 2023, 2022, 2021 AND 2020 REMAIN OPEN. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF INCOME TAX EXPENSE AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCOUNTS PAYABLE AND ACCRUED EXPENSES IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN THE FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE FOUNDATION RECEIVES VARIOUS CORPORATE SPONSORSHIPS, WHICH IT CAREFULLY EVALUATES AS TO WHETHER THE INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE FOUNDATION WAS NOT SUBJECT TO ANY UNRELATED BUSINESS INCOME TAX FOR THE YEAR ENDED DECEMBER 31, 2024. X 1 1 X 0 0 0 0 0 0 0 1 0 ANOUSHEH ANSARI CHIEF EXECUTIVE OFFICER 600258 0 350000 0 67456 0 10350 0 25556 0 1053620 0 0 0 STEELE FORD CHIEF ADVANCEMENT OFFICER 378432 0 10000 0 927 0 10350 0 35904 0 435613 0 0 0 JAMES MAINARD CHIEF TECHNOLOGY OFFICER 327933 0 40000 0 2226 0 9937 0 22424 0 402520 0 0 0 ANDREW TAUHERT CHIEF IMPACT OFFICER 293262 0 30000 0 684 0 8918 0 14352 0 347216 0 0 0 KATHRYN MANDATO CHIEF PEOPLE OFFICER 278048 0 35000 0 1830 0 1756 0 18605 0 335239 0 0 0 JAMIE JUSTICE EVP, HEALTH 266216 0 15000 0 266 0 6670 0 33773 0 321925 0 0 0 PETER HOULIHAN EVP, BIODIVERSITY AND CONSERVATION 269945 0 30000 0 213 0 6932 0 9459 0 316549 0 0 0 OSE UGOCHUKWU GENERAL COUNSEL 263111 0 20000 0 598 0 5484 0 13307 0 302500 0 0 0 MICHAEL BIRNBACH CHIEF FINANCIAL OFFICER 238234 0 25000 0 1001 0 5727 0 32493 0 302455 0 0 0 ELAINE HUNGENBERG SVP, PARTNERSHIPS AND IMPACT 253316 0 10000 0 251 0 4392 0 34199 0 302158 0 0 0 PETER DIAMANDIS FOUNDER & CHAIRMAN 252482 0 0 0 1647 0 7725 0 34197 0 296051 0 0 0 ALEXANDER NICHOLAS EVP, LEARNING AND SOCIETY 236943 0 15000 0 339 0 6933 0 9980 0 269195 0 0 0 LAUREN GREENLEE EVP, FOOD WATER WASTE 248206 0 0 0 362 0 7500 0 2168 0 258236 0 0 0 JENNIFER HASLIP CHIEF MARKETING OFFICER 177173 0 12000 0 405 0 5058 0 6605 0 201241 0 0 0 PART I, LINE 1A THE ORGANIZATION'S CEO IS GRANTED A HOUSING ALLOWANCE BY THE ORGANIZATION. THIS ALLOWANCE IS TAXABLE AND REPORTED ON THE OFFICER'S FORM W-2. PART I, LINE 3 THE ORGANIZATION'S BOARD EVALUATES THE CEO'S COMPENSATION ANNUALLY AND THE BOARD VOTES AND APPROVES HER COMPENSATION. PART I, LINE 7 ANNUAL BONUSES ARE PAID ON A DISCRETIONARY BASIS. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE X PRIZE FOUNDATION IS AN EDUCATION NON-PROFIT THAT STRIVES TO BRING ABOUT CREATIVE SOLUTIONS TO THE GRANDEST CHALLENGES FACING HUMANITY IN THE AREAS OF SPACE EXPLORATION, EDUCATION, HUMAN HEALTH, GLOBAL ENTREPRENEURSHIP, ENERGY AND TRANSPORTATION. THE FOUNDATION APPLIES AN EQUAL DEGREE OF DILIGENCE AND CARE IN DEVELOPING AND MANAGING PRIZE-INCENTIVE COMPETITIONS IN THOSE AREAS WHERE TECHNOLOGICAL INNOVATION IS STAGNANT OR REGULATORY AND MARKET FORCES PRESENT EXTRAORDINARY OBSTACLES. THE FOUNDATION'S UNDERLYING MISSION IS TO BRING ABOUT RADICAL BREAKTHROUGHS FOR THE BENEFIT OF HUMANITY. A CRITICAL ASPECT OF EACH COMPETITION WILL BE AN OVERALL EDUCATION CAMPAIGN AND DISSEMINATION OF SCIENTIFIC INFORMATION THAT IS GENERATED BY THE COMPETITION, WHICH WILL BE PUBLISHED ONLINE, AND IN TREATISE, THESIS, TRADE PUBLICATION, OR IN ANY OTHER FORM AVAILABLE TO THE INTERESTED PUBLIC. THE ORGANIZATION WILL ENSURE THAT THE COMPETITIONS ARE WIDELY-PUBLICIZED AND THE SCIENTIFIC RESULTS OF EACH COMPETITION ARE DISSEMINATED BROADLY. THE SUCCESS OF EACH COMPETITION HINGES ON THIS PUBLICITY. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS ANOUSHEH & AMIR ANSARI HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY INTERNAL MANAGEMENT, THE BOARD OF DIRECTORS, AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IN CONJUNCTION WITH OUTSIDE TAX PREPARERS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND DISCUSSED WITH THE ENTIRE BOARD DURING ONE OF ITS REGULAR MEETINGS. ANY POTENTIAL ISSUES ARE IMMEDIATELY BROUGHT TO BOARD ATTENTION TO BE RESOLVED. THE BOARD OF DIRECTORS IS RESPONSIBLE (FINANCE COMMITTEE) FOR ENFORCING CONFLICT OF INTEREST ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD EVALUATES THE CEO'S COMPENSATION ANNUALLY AND THE BOARD VOTES AND APPROVES HER COMPENSATION. FOR ANY OTHER OFFICERS OR KEY EMPLOYEES, THE ORGANIZATION ENSURES EVERYONE IS BEING PAID FAIRLY WITH AN INTERNAL REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. GLXP LLC 800 CORPORATE POINTE SUITE 350 CULVER CITY CA 90230 521876879 SPECIAL EVENTS DE 0 0 X PRIZE FOUNDATION INC X PRIZE FOUNDATION INDIA JEEVAN BHARATI 10TH FLOOR TOWER-I CONNAUGHT PLACE DELHI IN 110001 PUBLIC CHARITY IN N/A N/A X PRIZE FOUNDATION INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0