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FUTURE OF LIFE INSTITUTE: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
FUTURE OF LIFE INSTITUTE (EIN 47-1052538)
Tax period
2021-01-01 to 2021-12-31
Filed
2024-03-06
IRS object ID
202400669349300240
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-03-06T13:00:02-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN464627101PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DUKHON TAX AND ACCOUNTING LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1131 DARTMOUTH ST FL 3 STE 58AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471052538EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUTURE OF LIFE INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFUTUBusinessNameControlTxt
Phone8009279800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1933 MONTGOMERY AVE 1012AddressLine1Txt
CityNARBERTHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19072ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAX TEGMARKPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6179575578PhoneNum
Signature2024-03-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMAXPersonFirstNm
Person LastTEGMARKPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDMITRY DUKHON CPAPreparerPersonNm
PTINP01478890PTIN
Phone6176510531PhoneNum
Preparation2024-03-05PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMAX TEGMARKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 ORCHARD CITY DRIVE SUITE 134AddressLine1Txt
CityCAMPBELLCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95008ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$674,314,532GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FUTUREOFLIFE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionCATALYZE AND SUPPORT RESEARCH AND INITIATIVES FOR SAFEGUARDING LIFE AND DEVELOPING OPTIMISTIC VISIONS OF THE FUTURE.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$481,825PYContributionsGrantsAmt
CY Contributions Grants$670,530,459CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$654PYInvestmentIncomeAmt
CY Investment Income-$120,998,787CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$482,479PYTotalRevenueAmt
CY Total Revenue$549,531,672CYTotalRevenueAmt
PY Grants And Similar Paid$139,104PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$13,521,246CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$206,836CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$329,705PYOtherExpensesAmt
CY Other Expenses$2,337,691CYOtherExpensesAmt
PY Total Expenses$468,809PYTotalExpensesAmt
CY Total Expenses$16,065,773CYTotalExpensesAmt
PY Revenues Less Expenses$13,670PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$533,465,899CYRevenuesLessExpensesAmt
Total Assets BOY$2,360,211TotalAssetsBOYAmt
Total Assets EOY$537,164,374TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$100,907TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,360,211NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$537,063,467NetAssetsOrFundBalancesEOYAmt
MissionTHE FUTURE OF LIFE INSTITUTE CATALYZES AND SUPPORTS RESEARCH AND INITIATIVES FOR SAFEGUARDING LIFE AND DEVELOPING OPTIMISTIC VISIONS OF THE FUTURE, INCLUDING POSITIVE WAYS FOR HUMANITY TO STEER ITS OWN COURSE CONSIDERING NEW TECHNOLOGIES AND CHALLENGES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$15,588,128ExpenseAmt
Grant$13,521,246GrantAmt
Revenue$0RevenueAmt
DescRESEARCH, AND SUPPORT OF RESEARCH, ON MITIGATING RISKS AND INCREASING BENEFITS OF TRANSFORMATIVE TECHNOLOGIES; ORGANIZE CONFERENCES AND OTHER EVENTS FOR SCIENTIFIC RESEARCH AND OUTREACH; SCIENTIFIC AND TECHNICAL EDUCATION AND OUTREACH ACTIVITIES VIA WEBSITE(S) AND MEDIA CREATION. OUTREACH AND ADVOCACY REGARDING POLICY ON RISKS AND BENEFITS OF TRANSFORMATIVE TECHNOLOGIES.Desc
Total Program Service Expenses$15,588,128TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUTURE OF LIFE INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8009279800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1269 CAMBRIDGE RD 611AddressLine1Txt
CityWOBURNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01801ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MAX TEGMARK
PRESIDENT15.00Yes (X)Yes (X)$0$0$0
MEIA CHITA-TEGMARK
TREASURER10.00Yes (X)Yes (X)$0$0$0
ANTHONY AGUIRRE
SECRETARY15.00Yes (X)Yes (X)$62,118$0$0
JAAN TALLINN
DIRECTOR1.00Yes (X)$0$0$0
VIKTORYIA KRAKOVNA
DIRECTOR1.00Yes (X)$0$0$0
JARED BROWN
DIRECTOR OF US AND INTERNATIONAL POLICY40.00$124,136$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$186,254TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$670,530,459AllOtherContributionsAmt
Noncash Contributions$665,882,523NoncashContributionsAmt
Total Contributions$670,530,459TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,559,652TotalRevenueColumnAmt
Exclusion$2,559,652ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,224,421SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$124,782,860OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,224,421SecuritiesAmt
Other-$124,782,860OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$123,558,439TotalRevenueColumnAmt
Exclusion-$123,558,439ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$549,531,672TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$120,998,787ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$13,368,246TotalAmt
Program Services$13,368,246ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$103,000TotalAmt
Program Services$103,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt
Program Services$50,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$62,118TotalAmt
Program Services$62,118ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$129,158TotalAmt
Program Services$129,158ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$15,560TotalAmt
Program Services$15,560ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$43,511TotalAmt
Management And General$43,511ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$73,349TotalAmt
Management And General$73,349ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$78,046TotalAmt
Program Services$78,046ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,469,059TotalAmt
Program Services$1,251,104ProgramServicesAmt
Management And General$217,955ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$209,782TotalAmt
Program Services$89,927ProgramServicesAmt
Management And General$119,855ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$22,862TotalAmt
Management And General$22,862ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$11,437TotalAmt
Program Services$11,324ProgramServicesAmt
Management And General$113ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,750TotalAmt
Program Services$7,750ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,594TotalAmt
Program Services$5,594ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
RESEARCH SERVICES$226,831$226,831
PROJECT SUPPORT SERVICE$102,984$102,984
DUES AND SUBSCRIPTIONS$53,918$53,918
PEER-REVIEW SERVICES$11,754$11,754

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$20,814TotalAmt
Program Services$20,814ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$16,065,773TotalAmt
Program Services$15,588,128ProgramServicesAmt
Management And General$477,645ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,333,027BOYAmt
EOY$9,586,827EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,027,184BOYAmt
EOY$68,461,898EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$250,000EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$334,961,602EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$123,904,047EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,360,211BOYAmt
EOY$537,164,374EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$100,907EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$100,907EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,360,211BOYAmt
EOY$537,063,467EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,360,211BOYAmt
EOY$537,063,467EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,360,211BOYAmt
EOY$537,164,374EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$533,465,899ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,237,357NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,304,798CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,719,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,382,596CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$481,825CurrentTaxYearMinus1YearAmt
Current Tax Year$4,647,937CurrentTaxYearAmt
Total$12,536,721TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,304,798CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,719,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,382,596CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$481,825CurrentTaxYearMinus1YearAmt
Current Tax Year$4,647,937CurrentTaxYearAmt
Total$12,536,721TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$7,200,351SubstantialContributorsTotAmt
Public Support Total170$5,336,370PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,133CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$713CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$623CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$654CurrentTaxYearMinus1YearAmt
Current Tax Year$2,442,628CurrentTaxYearAmt
Total$2,445,751TotalAmt
FieldValueIRS element (for citing)
Total Support$14,982,472TotalSupportAmt
Public Support CY1700.35620PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 16AFormAndLineReferenceDesc
ExplanationIN 2021, FLI SWITCHED FROM RELYING ON THE PUBLIC SUPPORT QUALIFICATION TEST DESCRIBED IN SECTION 509(A)(2) TO RELYING ON THE TEST DESCRIBED IN SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI). ACCORDINGLY, THE PRIOR YEAR DATA DISCLOSED IN PART II DIFFER FROM THOSE REPORTED IN PART III IN PRIOR YEAR FILINGS. FLI HAS DATA ON HAND SHOWING THAT IT COMFORTABLY MET THE 33 1/3% PUBLIC SUPPORT THRESHOLD UNDER THE 509(A)(1)/170(B)(1)(A)(VI) TEST FOR BOTH 2020 AND 2021.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$0PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$89,004FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$89,004FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$15,976,769FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$16,065,773FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$953,289FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$238,322FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus2$202,859CurrentYearMinus2Amt
Current Year Minus1$93,166CurrentYearMinus1Amt
Current Year$953,289CurrentYearAmt
Total$1,249,314TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$1,873,971LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus2$3,564CurrentYearMinus2Amt
Current Year Minus1$29,042CurrentYearMinus1Amt
Current Year$89,004CurrentYearAmt
Total$121,610TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus2$50,715CurrentYearMinus2Amt
Current Year Minus1$23,292CurrentYearMinus1Amt
Current Year$238,322CurrentYearAmt
Total$312,329TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$468,494GrassrootsCeilingAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-A, LINE 1FormAndLineReferenceDesc
ExplanationFLI RETAINED CONSULTANTS TO ADVOCATE WITH, AND ADVOCATED DIRECTLY WITH, THE US AND EUROPEAN UNION GOVERNMENTS FOR THE IMPROVED GOVERNANCE OF EMERGING TECHNOLOGIES, ESPECIALLY ARTIFICIAL INTELLIGENCE. THIS INCLUDED ADVOCACY FOR IMPROVED SPENDING ON RESEARCH AND DEVELOPMENT OF SAFE AND ETHICAL ARTIFICIAL INTELLIGENCE.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
BOFA - PRIVATE BANK 4207$51,481,825C
JP MORGAN CHASE 9002$62,110,211C
JP MORGAN CHASE 9004$61,733,647C
MERRILL 13T85$57,076,169C
WELLS FARGO 0337$102,442,726C
DIVIDEND AND INTEREST RECEIVABLE$117,024C
FieldValueIRS element (for citing)
Total Book Value Securities$334,961,602TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (12 entries)

DescDescBook ValueBookValueAmt
BITCOIN (BTC) ASSET$25,665,439
CHAINLINK (LINK) ASSET$8,604,060
DOGECOIN (DOGE) ASSET$11,838,835
ETHEREUM (ETH) ASSET$27,485,571
POLYGON (MATIC) ASSET$10,238,965
SHIBA INU (SHIB) ASSET$14,502,739
SOLANA TOKEN (SOL) ASSET$16,054,740
TETHER (USDT) ASSET$217,697
UNISWAP (UNI) ASSET$9,228,813
UNCATEGORIZED ASSET$743
EQUUS PAYROLL DEPOSIT$16,445
BOFA 6092$50,000
FieldValueIRS element (for citing)
Total Book Value Other Assets$123,904,047TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$550,769,028TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,237,356NetUnrealizedGainsInvstAmt
Revenue Not Reported$1,237,356RevenueNotReportedAmt
Revenue Subtotal$549,531,672RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$549,531,672TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$16,065,772TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$16,065,772ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$16,065,772TotalExpensesPerForm990Amt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE05PROGRAM SERVICESPOLICY AND ADVOCACY WORK$143,645
EUROPE05PROGRAM SERVICESPODCAST EDITING$300
EUROPE05PROGRAM SERVICESPEER REVIEW$900
EUROPE05PROGRAM SERVICESWEBSITE DEVELOPMENT$53,314
EUROPE05PROGRAM SERVICESRESEARCH$123,002
EUROPE05PROGRAM SERVICESADVERTISING$79,685
EUROPE05PROGRAM SERVICESVIDEO PRODUCTION$348,746
EUROPE05PROGRAM SERVICESWEB CONTENT MANAGEMENT$99,351
EUROPE05PROGRAM SERVICESEUROPEAN CONFERENCES, CONVENTIONS & MEETINGS$16,937
EUROPE05PROGRAM SUPPORTSOFTWARE, APPS, HARDWARE FOR SUPPORTING ACTIVITIES IN THE REGION$8,548
ASIA02PROGRAM SERVICESPODCAST AND VIDEO EDITING$3,690
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees40SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee12ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee52TotalEmployeeCnt
Subtotal Spent$848,943SubtotalSpentAmt
Continuation Spent$29,175ContinuationSpentAmt
Total Spent$878,118TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
AWARDFUTURE OF LIFE AWARD1$50,000CHECK OR WIRE
PRIZENOMINATION PRIZES1$2,954CHECK OR WIRE
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III ACCOUNTING METHOD:
PART I, LINE 2GRANTS FUNDING PROJECTS REQUIRE INTERIM (IF LONGER THAN 1 YEAR IN DURATION) AND FINAL REPORTS FROM GRANTEES. LARGER GRANTS ARE ASSIGNED A STAFF PERSON AS WELL AS A RESPONSIBLE BOARD MEMBER CHARGED WITH OVERSEEING THE GRANT. GRANT REPORTS ARE CHECKED FOR ADHERENCE TO GRANT PROPOSAL, PROPER USE OF FUNDS, AND IMPACT PER DOLLAR GRANTED.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Recipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
THE FUTURE SOCIETY
813568099$120,000$0ADVOCACY AROUND THE EU AI ACT
IMPROVE THE NEWS FOUNDATION
853391849$3,250,000$0IMPROVED TRUTH-FINDING TOOLS
SILICON VALLEY COMMUNITY FOUNDATION
205205488$10,000,000$0CHARITABLE WORK IN SUPPORT OF FLI'S MISSION

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeAWARD FOR SAVING OZONE LAYER AND NOMINATIONSGrantTypeTxt
Recipient3RecipientCnt
Cash Grant$103,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS FUNDING PROJECTS REQUIRE INTERIM (IF LONGER THAN 1 YEAR IN DURATION) AND FINAL REPORTS FROM GRANTEES. LARGER GRANTS ARE ASSIGNED A STAFF PERSON AS WELL AS A RESPONSIBLE BOARD MEMBER CHARGED WITH OVERSEEING THE GRANT. GRANT REPORTS ARE CHECKED FOR ADHERENCE TO GRANT PROPOSAL, PROPER USE OF FUNDS, AND IMPACT PER DOLLAR GRANTED.ExplanationTxt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescCRYPTOCURRENCY - SHIBA INU COIN -Desc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$665,882,523NoncashContributionsRptF990Amt
Method Of Determining RevenuesCOMP PROP SALES, EXPMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN BFormAndLineReferenceDesc
ExplanationCOLUMN B REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVEDExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2HUSBAND AND WIFE ARE ON THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BALL BOARD-MEMBERS WERE SENT FORM 990 AND ATTACHMENTS TO REVIEW, AFTER WHICH A BOARD MEETING WAS HELD WHERE THESE MATERIALS WERE UNANIMOUSLY APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS AND OFFICERS FILED ANNUAL DISCLOSURE STATEMENTS THAT WERE REVIEWED BY THE ENTIRE BOARD. THE BOARD CONTINUALLY MONITORED COMPLIANCE AS DETAILED IN OUR CONFLICT-OF-INTEREST POLICY. DURING THE 2020 TAX YEAR, NO CONFLICTS OF INTEREST WERE INDENTIFIED.
FORM 990, PART VI, SECTION B, LINE 15BCOMPENSATION WAS DECIDED BY A SUBCOMMITTEE OF INDEPENDENT BOARD MEMBERS, REFERENCING BOTH COMPARABLE POSITIONS AT COMPARABLE- SIZED US NONPROFITS AS WELL AS CURRENT OVERALL COMPENSATION AT PREVIOUS EMPLOYMENT. THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER WAS UNCOMPENSATED SO THESE PROCEDURES WERE NOT APPLIED TO THE TOP EXECUTIVE'S COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE UPON REQUEST

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1IMPROVE THE NEWS FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line128 SUNSET BLVDAddressLine1Txt
CityNEW CASTLECityNm
State AbbreviationDEStateAbbreviationCd
ZIP19720ZIPCd
FieldValueIRS element (for citing)
EIN853391849EIN
Primary ActivitiesOPERATE WEBSITE WHICH COMPARES NEWS ARTICLES ACROSS THE POLITICAL SPECTRUMPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1FUTURE OF LIFE INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
IMPROVE THE NEWS FOUNDATION
B$3,250,000AUDIT
IMPROVE THE NEWS FOUNDATION
D$250,000AUDIT