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Nonprofit · EIN 46-1357012

MIND FIRST FOUNDATION

Tax-exempt · WESTON, MA 02493

Financials

$568K$109K2021$2.9M$327K2022$52K$490K2023$58K$579K2024
Revenue Expenses · by fiscal year end
Financials of MIND FIRST FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$58,286$579,053-$520,767$2,025,140$2,235$2,022,905
December 31, 2023990$51,988$489,788-$437,800$2,548,402$4,729$2,543,673
December 31, 2022990 (amended)$2,915,778$326,657$2,589,121$2,989,973$8,500$2,981,473
December 31, 2021990 (amended)$567,565$109,127$458,438$464,571$2,500$462,071
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$635
Program service revenue
$0
Investment income
$57,651
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$447,793
Salaries, compensation and benefits (total)
$479,482
Professional fundraising fees
$0
Accounting fees
$24,500
Occupancy
$44,295
Depreciation
$4,103
Program services (functional)
$404,924
Management and general (functional)
$174,129

Balance sheet and other

Total assets, start of year
$2,548,402
Total assets, end of year
$2,025,140
Total liabilities, end of year
$2,235
Net assets, end of year
$2,022,905
Land, buildings and equipment
$13,821
Net assets without donor restrictions
$2,022,905
Gross receipts
$58,286
Employees
4
Volunteers
0
Year formed
2012
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PRESTON W ESTEP IIIPRESIDENT
Trustee or director, Officer
40$232,667
ALEXAND P HOEKSTRASECRETARY
Trustee or director, Officer
40$102,000
SHELLY ESTEPFINANCIAL ADMINISTRATOR
Trustee or director
10$65,000
BRIAN DELANEYDIRECTOR
Trustee or director
40$48,000
RANJAN AHUJADIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
PRESTON W ESTEP IIIPRESIDENT
Trustee or director, Officer
40$198,000
ALEXAND P HOEKSTRASECRETARY
Trustee or director, Officer
40$99,500
BRIAN DELANEYDIRECTOR
Trustee or director
40$48,000
SHELLY ESTEPFINANCIAL ADMINISTRATOR
Trustee or director
10$41,208
RANJAN AHUJADIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2022: 5 people
NameTitleHours / weekCompensation
PRESTON W ESTEP IIIPRESIDENT
Trustee or director, Officer
40$148,000
ALEXAND P HOEKSTRASECRETARY
Trustee or director, Officer
40$91,000
BRIAN DELANEYDIRECTOR
Trustee or director
20$44,000
SHELLY ESTEPFINANCIAL ADMINISTRATOR
Trustee or director
10$14,000
RANJAN AHUJADIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2021: 4 people
NameTitleHours / weekCompensation
PRESTON W ESTEP IIIPRESIDENT
Trustee or director, Officer
40$88,000
ALEXAND P HOEKSTRASECRETARY
Trustee or director, Officer
2$5,250
BRIAN DELANEYDIRECTOR
Trustee or director
2$2,000
RANJAN AHUJADIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
61 MEADOWBROOK RD, WESTON, MA 02493-2407
Mailing address (990-N for 2013)
11 Willard Rd, Weston MA 02493
Principal officer (990 for 2024)
PRESTON ESTEP, 204 2ND AVE 310, WALTHAM, MA 02451
Principal officer (990-N for 2013)
Preston Estep, 11 WILLARD RD, WESTON MA 02493
Signed the 990
PRESTON ESTEP, PRESIDENT
Phone
(401) 261-6365
Return prepared by
MORRIS & MORRIS PC

Mission

DESCRIPTION OF ORGANIZATION: TO COMMUNICATE SCIENTIFIC INFORMATION AND CONDUCT COMMUNITY OUTREACH ACTIVITIES TO INCREASE PUBLIC AWARENESS OF CRITICALLY IMPORTANT SCIENTIFIC ISSUES RELATED TO THE MIND, AND TO RESEARCH MEANS FOR EXPANDING THE SCOPE OF RATIONAL AND SCIENTIFIC RESPONSES TO EMERGING CHALLENGES AND CIVILIZATIONAL THREATS, INCLUDING EMERGING PATHOGENS AND PANDEMIC RISKS. RESPONSES TO EMERGING CHALLENGES AND CIVILIZATIONAL THREATS, INCLUDING EMERGING PATHOGENS, PANDEMIC RISKS, BIOSECURITY, ARTIFICIAL INTELLIGNECE (AI), AND AI SAFETY.

990 for the year ended December 31, 2024

Program accomplishments

  • R&D FUNDING GRANTED FOR IN-HOUSE R&D OF OPEN SOURCE SARS-COV2 VACCINE. RESEARCH OF AI MODEL ARCHITECTURES AND METHODS FOR RAPID PANDEMIC RESPONSES, INCLUDING AI MODELS FOR DESIGNING HIGHLY EFFECTIVE AND SAFE VACCINES AND FOR SELECTING IMMEDIATE-RESPONSE COUNTERMEASURES THAT ARE APPROPRIATE FOR A RANGE OF BIOWEAPON THREATS.
    Expenses $404,924 · revenue $635
  • SCIENTIFIC CONFERENCE SPONSORSHIP - NO FUNDS WERE GRANTED
  • MIND FIRST FOUNDATION HELD TWO PUBLIC EVENTS ON THE RISKS OF AI. BOTH EVENTS WERE OPEN TO THE PUBLIC AND HELD AT MICROSOFT NEW ENGLAND RESEARCH & DEVELOPMENT CENTER. THE EVENT ON JUNE 29 FOCUSED ON THE POTENTIAL RISKS AND BENEFITS OF AI SUPERINTELLIGENCE, AND A SECOND EVENT ON NOVEMBER 22 FOCUSED ON THE WORK OF AI SAFETY PIONEER STEVE OMOHUNDRO. SPEAKERS AND PANELISTS ADDRESSED ISSUES OF IMMEDIATE RISKS (E.G. BIOWEAPONS), AS WELL AS LONGER-TERM EXTREME RISKS FROM AI, AND PRESENTED AND DISCUSSED IDEAS ON HOW TO MITIGATE THESE RISKS. RADVAC AND MFF CHIEF SCIENTIST PRESTON ESTEP, PHD, PUBLISHED AN ARTICLE IN THE LEADING JOURNAL AI & SOCIETY EXAMINING UNNATURAL ATTRIBUTES OF AI, AND ASSESSING THE CONTRIBUTIONS OF THESE ATTRIBUTES TO AI-RELATED RISKS (ESTEP, PRESTON W. "MULTIPLE UNNATURAL ATTRIBUTES OF AI UNDERMINE COMMON ANTHROPOMORPHICALLY BIASED TAKEOVER SPECULATIONS." AI & SOCIETY (2024): 1-16.)

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-1357012
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H80)
Assets (IRS master file)
$2,025,140
Income (IRS master file)
$58,286

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$58,286$579,053$2,025,140XML
990December 2023$51,988$489,788$2,548,402XML
990December 2022$2,915,778$326,657$2,989,973XML
990December 2021$567,565$109,127$464,571XML
990-N for 2013
Officer: Preston Estep
November 30, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1357012).

Questions about MIND FIRST FOUNDATION

What is the EIN of MIND FIRST FOUNDATION?
The employer identification number (EIN) of MIND FIRST FOUNDATION is 46-1357012.
Is MIND FIRST FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to MIND FIRST FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIND FIRST FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MIND FIRST FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIND FIRST FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MIND FIRST FOUNDATION?
The 990 for the year ended December 31, 2024 names PRESTON ESTEP.
Who are the officers and directors of MIND FIRST FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 4 received compensation from the organization, the highest $232,667 (PRESTON W ESTEP III, PRESIDENT).
How much revenue does MIND FIRST FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $58,286, expenses of $579,053 and total assets of $2,025,140 at year end.

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