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Nonprofit · EIN 92-0636259

LIGHTCONE FOUNDATION

Tax-exempt · SPARKS, NV 89436

Financials

$163.3M$10M2022$3M$12.5M2023$9.7M$34.1M2024
Revenue Expenses · by fiscal year end
Financials of LIGHTCONE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,723,116$34,080,020-$24,356,904$174,375,915$55,127$174,320,788
December 31, 2023990$2,990,256$12,541,185-$9,550,929$182,181,800$66,102$182,115,698
December 31, 2022990$163,342,236$10,000,000$153,342,236$147,693,240$0$147,693,240
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$9,723,116
Net gain from sales of assets
$7,422,349
Other revenue
$0

Expenses

Grants and similar amounts paid
$33,833,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,210
Program services (functional)
$33,833,000
Management and general (functional)
$247,020

Balance sheet and other

Total assets, start of year
$182,181,800
Total assets, end of year
$174,375,915
Total liabilities, end of year
$55,127
Net assets, end of year
$174,320,788
Publicly traded securities
$138,127,859
Net assets without donor restrictions
$174,320,788
Gross receipts
$118,094,837
Employees
0
Volunteers
1
Year formed
2022
State of legal domicile
NV

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 / weekCompensationFrom related orgsOther / benefits
ANTHONY AGUIRREBOARD SECRETARY
Trustee or director, Officer
1$0$474,839$38,783
MAX TEGMARKBOARD PRESIDENT
Trustee or director, Officer
1$0$457,840$0
MIHAELA CHITA-TEGMARKBOARD TREASURER
Trustee or director, Officer
0.1$0$0$0
JAAN TALLINNDIRECTOR
Trustee or director
0.1$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ANTHONY AGUIRREBOARD SECRETARY
Trustee or director, Officer
1$0$466,686$26,903
MAX TEGMARKBOARD PRESIDENT
Trustee or director, Officer
1$0$409,755$0
MIHAELA CHITA-TEGMARKBOARD TREASURER
Trustee or director, Officer
0.1$0$27,077$0
JAAN TALLINNDIRECTOR
Trustee or director
0.1$0$0$0
990 for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensationFrom related orgs
MAX TEGMARKBOARD PRESIDENT
Trustee or director, Officer
1$0$466,421
ANTHONY AGUIRREBOARD SECRETARY
Trustee or director, Officer
1$0$391,144
MIHAELA CHITA-TEGMARKBOARD TREASURER
Trustee or director, Officer
1$0$91,827
JAAN TALLINNDIRECTOR
Trustee or director
0.1$0$0

Address and contacts

Address (IRS master file)
1344 DISC DRIVE 3046, SPARKS, NV 89436-0684
In care of
% MAX TEGMARK
Principal officer (990 for 2024)
MAX TEGMARK, 1344 DISC DRIVE 3046, SPARKS, NV 894360684
Signed the 990
MAX TEGMARK, PRESIDENT
Phone
(781) 333-8813
Return prepared by
ARMANINO ADVISORY LLC

Mission

TO SERVE AS A CHARITABLE AND EDUCATIONAL ORGANIZATION, SUPPORTING THE CHARITABLE MISSION OF THE FUTURE OF LIFE FOUNDATION, PRIMARILY VIA GRANTMAKING.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ONLY 2024 PROGRAM SERVICE WAS GRANTMAKING TO IMPROVE BENEFITS AND REDUCE RISKS OF TECHNOLOGY.
    Expenses $33,833,000 · grants $33,833,000

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
92-0636259
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$174,375,915
Income (IRS master file)
$118,094,837

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,723,116$34,080,020$174,375,915IRS
990December 2023$2,990,256$12,541,185$182,181,800IRS
990December 2022$163,342,236$10,000,000$147,693,240XML

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 92-0636259).

Questions about LIGHTCONE FOUNDATION

What is the EIN of LIGHTCONE FOUNDATION?
The employer identification number (EIN) of LIGHTCONE FOUNDATION is 92-0636259.
Is LIGHTCONE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to LIGHTCONE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does LIGHTCONE 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 LIGHTCONE 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 LIGHTCONE 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 LIGHTCONE FOUNDATION?
The 990 for the year ended December 31, 2024 names MAX TEGMARK.
Who are the officers and directors of LIGHTCONE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does LIGHTCONE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,723,116, expenses of $34,080,020 and total assets of $174,375,915 at year end.

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