The United States Capitol in Washington, DC

Form 990-PFTax year 2024EIN 46-0677985

Breakthrough Prize Foundation

A private foundation in Washington, DC. Its return for tax year 2024 lists 27 grants and $12.9 million paid in grants.

Tax year 2024 (period ending May 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Breakthrough Prize Foundation
1900 N Street NW
Washington, DC 20036
(202) 346-4293
Form and materials
The foundation makes the candidate submission form and criteria available on its website: www.breakthroughprize.org > nominations
Deadlines
Please visit www.breakthroughprize.org for additional information regarding submission deadlines.
Restrictions
No breakthrough prize granted by the foundation shall have any age restrictions. Age restrictions do apply to JR challenge awards. Any breakthrough prize of the foundation may be received more than once. Previous winners of the JR challenge award are not eligible to participate in subsequent JR challenge competitions. Members of the selection committee are eligible to be nominated to receive the breakthrough prize and the conflict of interest policy will govern the procedures for such nominees. Any breakthrough prize can be shared by a number of people, including collaborations. Additional information about the rules of any program can be found on the foundation website.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $12,901,104

    Grants listed
    27
    Assets, end of year
    $13,386,127
  • Tax year 2023

    $41,715,492

    Grants listed
    38
    Assets, end of year
    $19,729,292
  • Tax year 2022

    $69,407,197

    Grants listed
    47
    Assets, end of year
    $20,787,237
  • Tax year 2021

    $31,602,516

    Grants listed
    38
    Assets, end of year
    $10,581,357
  • Tax year 2020

    $12,884,094

    Grants listed
    104
    Assets, end of year
    $8,542,108
  • Tax year 2019

    $8,998,019

    Grants listed
    291
    Assets, end of year
    $3,107,390

Grants paid in 2024

27 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    2025 breakthrough prize in mathematics

    $3,000,000
  2. Individual

    2025 special breakthrough prize in fundamental physics

    $3,000,000
  3. International Rescue Committee (irc)Albert Lea, MN

    Tech for refugees

    $1,570,000
  4. Milky Way Research FoundationWashington, DC

    Life science research

    $1,225,271
  5. Milky Way Research FoundationWashington, DC

    Life science research

    $1,125,025
  6. AirbnborgSan Francisco, CA

    Tech for refugees

    $1,000,000
  7. Milky Way Research FoundationWashington, DC

    Life science research

    $466,881
  8. Individual

    2023 breakthrough junior challenge - student award

    $250,000
  9. ARID1B Research Foundation IncChevy Chase, MD

    Support charitable activities

    $150,000
  10. Individual

    2025 new horizons in mathematics prize

    $100,000
  11. Individual

    2025 new horizons in mathematics prize

    $100,000
  12. Individual

    2025 new horizons in mathematics prize

    $100,000
  13. Individual

    2025 new horizons in physics prize

    $100,000
  14. Individual

    2025 new horizons in physics prize

    $100,000
  15. Neev AcademyKempapura Bengalaru, India

    2023 breakthrough junior challenge - school award

    $100,000
  16. Blue Valley High SchoolWashington, DC

    2022 breakthrough junior challenge - school award

    $100,000
  17. Individual

    2025 maryam mirzakhani new frontiers prize

    $50,000
  18. Individual

    2025 maryam mirzakhani new frontiers prize

    $50,000
  19. Individual

    2025 maryam mirzakhani new frontiers prize

    $50,000
  20. Individual

    2024 breakthrough junior challenge - teacher award

    $50,000
  21. Individual

    2023 breakthrough junior challenge - teacher award

    $50,000
  22. Los Altos ChabadMountain View, CA

    Support charitable activities and the bay area friendship circle

    $50,000
  23. Individual

    2025 new horizons in physics prize

    $33,334
  24. Individual

    2025 new horizons in physics prize

    $33,333
  25. Individual

    2025 new horizons in physics prize

    $23,333
  26. University of OxfordOxford, United Kingdom

    Support graduate studentship in particle physics

    $13,564
  27. Kings Care FoundationEl Segundo, CA

    Los angeles wildfire relief

    $10,363

Approved for future payment

4 grants

Approved in 2024 and not yet paid.

  1. Cern & Society Foundation on Behalf of the Members of 4 CollaborationsMeyrin, Switzerland

    2025 breakthrough prize in fundamental physics

    $3,000,000
  2. Individual

    2024 breakthrough junior challenge - student award

    $250,000
  3. Community High SchoolBrooklyn, NY

    2024 breakthrough junior challenge - school award

    $100,000
  4. Individual

    2025 new horizons in physics prize

    $10,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking3 grants $2,817,17770% of the total
  2. Disaster relief and public safety1 grant $1,000,00025% of the total
  3. Health1 grant $150,0004% of the total
  4. Religion1 grant $50,0001% of the total
  5. Community development1 grant $10,363<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. District of Columbia4 grants $2,917,177
  2. Minnesota1 grant $1,570,000
  3. California3 grants $1,060,363
  4. Maryland1 grant $150,000

Officers, directors and trustees

6 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Yuri B MilnerPRESIDENT Hours 1Pay $0
  • Breck HancockDIRECTOR, TREASURER Hours 1Pay $0
  • James A HutchinsonDIRECTOR, SECRETARY Hours 1Pay $0
  • Simon Peter WordenCHAIRMAN, DIVISION EXECUTIVE DIRECTOR Hours 40Pay $293,078
  • Margot McGinnessDIVISION EXECUTIVE DIRECTOR Hours 10Pay $224,163
  • Karl JohanssonDIRECTOR Hours 2Pay $13,125

The return

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