Nonprofit · EIN 77-0119168
THE FORESIGHT INSTITUTE
Tax-exempt · SAN FRANCISCO, CA 94111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,356,634 | $3,749,519 | $5,607,115 | $8,919,530 | $31,950 | $8,887,580 |
| December 31, 2023 | 990 | $3,557,013 | $2,623,084 | $933,929 | $3,079,907 | $55,592 | $3,024,315 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $8,006,985
- Program service revenue
- $575,642
- Investment income
- $761,681
- Net gain from sales of assets
- $743,801
- Other revenue
- $12,326
Expenses
- Grants and similar amounts paid
- $1,468,345
- Compensation of officers, directors and key employees
- $547,820
- Other salaries and wages
- $338,723
- Salaries, compensation and benefits (total)
- $981,991
- Professional fundraising fees
- $0
- Legal fees
- $13,342
- Accounting fees
- $28,423
- Travel
- $96,825
- Program services (functional)
- $3,121,660
- Management and general (functional)
- $445,194
- Fundraising (functional)
- $182,665
Balance sheet and other
- Total assets, start of year
- $3,079,907
- Total assets, end of year
- $8,919,530
- Total liabilities, end of year
- $31,950
- Net assets, end of year
- $8,887,580
- Publicly traded securities
- $3,617,093
- Net assets without donor restrictions
- $4,672,714
- Net assets with donor restrictions
- $4,214,866
- Gross receipts
- $13,772,975
- Employees
- 6
- Year formed
- 1986
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Allison Duettmann | CEO Trustee or director | 40 | $276,150 | $8,285 |
| Beatrice Erkers | COO Officer | 40 | $160,721 | $0 |
| Sherry A Hull | Assistant Treas Officer | 40 | $99,674 | $2,990 |
| Brandon Goldman | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Sonia Arrison | Director Trustee or director | 1 | $0 | $0 |
| James C Bennett | Director Trustee or director | 1 | $0 | $0 |
| Carrie Radomski | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Dean Tribble | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Allison Duettmann | CEO Trustee or director | 40 | $216,000 | $8,696 |
| Beatrice Erkers | COO Officer | 40 | $117,348 | $0 |
| Brandon Goldman | Treasurer Trustee or director, Officer | 10 | $0 | $0 |
| Sonia Arrison | Director Trustee or director | 1 | $0 | $0 |
| James C Bennett | Director Trustee or director | 1 | $0 | $0 |
| Chip Morningstar | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Dean Tribble | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 50 CALIFORNIA ST STE 1500, SAN FRANCISCO, CA 94111-4612
- Signed the 990
- Allison Duettmann, CEO
- Phone
- (415) 404-8303
- Website
- www.foresight.org
- Return prepared by
- TAMMY M KETTLER
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0119168 or by the name THE FORESIGHT INSTITUTE.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
The Foresight Institute works to advance science and technology for the benefit of life through grants, events, prizes, and fellowships.
Program accomplishments
- Foresight Institute ran year-long strategy groups, held two flagship events, ran four technical workshops in nano (molecular machines) bio (longevity), compute (AI/cyber) neurotech, and space; convened leading experts to develop fundable projects; and continued awards including Feynman Prizes and the Norm Hardy Prize, plus the Foresight Fellowship supporting over 40 innovators across these domainsExpenses $3,121,660 · grants $1,468,345 · revenue $575,642
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 77-0119168
- 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
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U40Z)
- Assets (IRS master file)
- $8,919,530
- Income (IRS master file)
- $13,772,975
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,356,634 | $3,749,519 | $8,919,530 | IRS |
| 990 | December 2023 | $3,557,013 | $2,623,084 | $3,079,907 | XML |
| 990 | December 2022 | $2,404,522 | $1,966,829 | $2,030,817 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
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 77-0119168).
Questions about THE FORESIGHT INSTITUTE
- What is the EIN of THE FORESIGHT INSTITUTE?
- The employer identification number (EIN) of THE FORESIGHT INSTITUTE is 77-0119168.
- Is THE FORESIGHT INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to THE FORESIGHT INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE FORESIGHT INSTITUTE 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 THE FORESIGHT INSTITUTE 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 THE FORESIGHT INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of THE FORESIGHT INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 8 people; 3 received compensation from the organization, the highest $276,150 (Allison Duettmann, CEO).
- How much revenue does THE FORESIGHT INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,356,634, expenses of $3,749,519 and total assets of $8,919,530 at year end.
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