Private foundation
NEW ORLEANS, LAEIN
The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
Application policy: Accepts applications, as stated on the FY2024 return.
These lines count this foundation's own Form 990-PF returns that the IRS has published as data. An amended return replaces its original. They describe past returns only.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990-PF | $9,575,776 | $1,811,264 | $991,727 | $18,113,687 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 35% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| PALISADE RESEARCH INCBERKELEY, CA | GENERAL PROGRAM SUPPORT | $300,000 | 2024 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Blake Borgeson | DIRECTOR | 1.00 | $0 |
| Chelsea Sun | SECRETARY | 40.00 | $120,000 |
| Jerry Sun | PRESIDENT | 40.00 | $120,000 |
| Alex Vermeer | DIRECTOR |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| $11,752,572 |
| FY2023 | 990-PF | $4,443,251 | $1,178,038 | $1,148,497 | $4,052,549 | $4,052,549 |
| FY2022 | 990-PF | $1,731,627 | $532,125 | $454,897 | $787,336 | $787,336 |
| FY2021 | 990-PF | $387,894 | $0 | $0 | $140,101 | $140,101 |
| GENERAL PROGRAM SUPPORT |
| $156,000 |
| 2024 |
| CENTER FOR APPLIED RATIONALITYBERKELEY, CA | GENERAL PROGRAM SUPPORT | $150,000 | 2023 |
| AMODO | GENERAL PROGRAM SUPPORT | $135,000 | 2024 |
| FAR AI INCSAN DIEGO, CA | GENERAL PROGRAM SUPPORT | $125,000 | 2023 |
| EARENDILMIDDLETOWN, DE | GENERAL PROGRAM SUPPORT | $113,000 | 2024 |
| BRAMBLE CENTER FOR INFORMATIONSAN DIEGO, CA | GENERAL PROGRAM SUPPORT | $80,000 | 2024 |
| PANOPLIA LABORATORIES INCCAMBRIDGE, ME | GENERAL PROGRAM SUPPORT | $50,000 | 2024 |
| EPISTEA | GENERAL PROGRAM SUPPORT | $50,000 | 2024 |
| PAUL COLOGNESE | GENERAL PROGRAM SUPPORT | $22,954 | 2024 |
| UNIVERSITY OF SOUTHERN CALIFORNIALOS ANGELES, CA | GENERAL PROGRAM SUPPORT | $19,000 | 2024 |
| OREGON STATE UNIVERSITYCORVALLIS, OR | GENERAL PROGRAM SUPPORT | $17,000 | 2024 |
| WORCESTER POLYTECHNIC INSTITUTEWORCESTER, ME | GENERAL PROGRAM SUPPORT | $16,000 | 2024 |
| MATHEMATICAL METAPHYSICS INSTITUTESANFORD, NC | GENERAL PROGRAM SUPPORT | $11,432 | 2024 |
| FAR AI INCSAN DIEGO, CA | GENERAL PROGRAM SUPPORT | $10,341 | 2024 |
| MACHINE INTELLIGENCESAN FRANCISCO, CA | GENERAL PROGRAM SUPPORT | $10,000 | 2024 |
| CENTER FOR AI SAFETYSAN FRANCISCO, CA | GENERAL PROGRAM SUPPORT | $1,000 | 2024 |
| 1.00 |
| $0 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990-PF · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202402199349100900
Form 990-PF · FY2022 · period ending Dec 31, 2022
Filing id 202323199349105377
Form 990-PF · FY2021 · period ending Dec 31, 2021
Filing id 202203199349102985
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.