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Future Of Life Institute

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471052538 ✦ Narberth, PA ✦ Designated as a 501(c)(3)

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Overview

What is Future Of Life Institute?

The Future of Life Institute, headquartered in Narberth, Pennsylvania, is a nonprofit organization with a mission to catalyze and support research and initiatives aimed at safeguarding life and fostering optimistic visions of the future. It accomplishes this by organizing conferences, sponsoring studies, and providing educational materials. Their work encompasses exploring positive ways for humanity to navigate new technologies and challenges, ensuring a safe and beneficial future for all. The Institute's activities extend beyond its local base, influencing discussions and driving research on a global scale.


Official website here: www.futureoflife.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85%, Three-Star out of Four Star rating.

The Future of Life Institute has received a solid rating of 85%, reflecting strong accountability and financial practices. With an impressive 97.31% program expense ratio, the organization demonstrates a commitment to directing funds towards its mission. The board is entirely independent, which is indicative of good governance. Additionally, the presence of policies related to conflict of interest, whistleblower protections, and document retention further underscores the institute's dedication to transparency.

However, while the overall financial health appears commendable, the fundraising efficiency ratio is notably low at $0.002. This suggests that the organization may face challenges in raising funds relative to its expenses, which could impact its sustainability in the long term. Nonetheless, the low liabilities to assets ratio of 0.01% indicates that the organization is not heavily leveraged, which is a positive sign.

Overall, the Future of Life Institute is positioned well in terms of governance and program spending, making it a reliable choice for donors interested in its mission. Continued attention to fundraising efforts may enhance its financial stability moving forward.


This AI summary has been generated from information found on Charity Navigator.

Is Future Of Life Institute legitimate?

Future Of Life Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Of Life Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.futureoflife.org

What is the mission statement of Future Of Life Institute?

The Future of Life Institute serves to catalyze and support research and initiatives aimed at safeguarding life and developing optimistic visions for the future. This organization is dedicated to exploring positive ways for humanity to navigate its course in the face of new technologies and challenges. In order to fulfill its mission, the institute supports research, organizes conferences, and provides educational materials. It strives to contribute to the development of a future that is hopeful and secure for all.


Official website here: www.futureoflife.org

Who is the CEO of Future Of Life Institute?

Max Tegmark is the President of Future Of Life Institute.


Official website here: www.futureoflife.org

What is the revenue of Future Of Life Institute?

Future Of Life Institute's revenue in 2020 was $482,479.


Official website here: www.futureoflife.org

Who are the executives of Future Of Life Institute and what are their salaries?

There 5 volunteers at Future Of Life Institute.


Here are 3 key members and their salaries:


Max Tegmark (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meia Chita-Tegmark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Aguirre (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.futureoflife.org

Where can I find the form 990 for Future Of Life Institute?

Future Of Life Institute's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.futureoflife.org

Learn more at the official website: www.futureoflife.org

Mission Statement of Future Of Life Institute

The Future of Life Institute is an organization that actively promotes and supports research and initiatives aimed at safeguarding life and envisioning optimistic futures. Its mission is twofold: firstly, it catalyzes and backs investigations that ensure the protection of life, and secondly, it develops hopeful visions for humanity's trajectory, taking into account the challenges and opportunities presented by new technologies. The Institute serves as a platform that organizes conferences and produces educational materials to further its objectives, thereby contributing to a more secure and promising future for all.

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Impact




July, 2024

Future of Life Institute's impact lies in its crucial role in catalyzing and supporting research and initiatives focused on safeguarding life and developing optimistic visions of the future. By supporting research, organizing conferences, and providing educational materials, the institute actively promotes positive ways for humanity to navigate new technologies and challenges. Through its dedication to fostering discussions and advancing scientific understanding, Future of Life Institute is shaping a future where humans can steer their own course in a thoughtful and informed manner.




This information is meant to be a general summary of Future Of Life Institute. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$482,479 (2020)
Expenses
$468,809 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $654
  • Gross Receipts: $482,479

Assets and Liabilities:

  • Total Assets: $2,360,211
  • Total Liabilities: $0
  • Net Assets: $2,360,211

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Organization Details

Founding Year

2014

Principal Officer

Max Tegmark

Main Address

933 Montgomery Ave No 1012, Narberth, PA, 19072

NTEE Category

Code: U99 - Science research

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