NonprofitsScience And Technology Futures Inc

Science & Technology

Science And Technology Futures Inc

CAMBRIDGE, MA

Total revenue

$5.1M

Total expenses

$3.4M

Net assets

$9.6M

Grants received

$10.6M

13 grants

EIN

883129122

Tax year

2024

Mission

Science and technology futures, inc.'s mission is to identify and support scientists, engineers, and other innovators with an interest in shaping the national/global research agenda. We will foster, support, promote, and conduct programs, projects, and activities designed to develop and accelerate scientific and technological research and innovation in the public interest, including, without limitation, through administering research grant programs, whitepaper competitions, scientific agenda-setting activities, and fiscal sponsorship of other mission-aligned organizations.

Programs

6 programs

Open reaction database: the open reaction database (ord) is a collaborative, open data initiative to support the structuring and sharing of organic reaction data. This project provides critical support to increase the adoption and impact of ord through personnel, data curation, targeted data generation, and reducing barriers to contribution. This project increases awareness and adoption of ord, leading to increased data sharing and cross-institutional collaboration in both data generation and model-driven reaction optimization. The ord project saw significant engagement with global research labs, expanding its reach and growing its database with tens of thousands of new data points. The ord also increased community engagement and was showcased at key conferences.

Expenses: $497KGrants: $330K

Probabilistic programming: the team strives to make advancements in ai that understands the world like people do, via probabilistic programming. To advance this mission, the probabilistic programming team makes contributions in the form of software code, planning, and strategy to various open-sourced technologies, including genjax and inferenceql which are components of opengen. Additionally, the team supported the creation of guides and documentation in support of the open-source ecosystem and development community.

Expenses: $225K

Msep: this project supports the development of the molecular systems engineering platform (msep). Msep is a free, open-source tool being developed to advance atomically precise manufacturing (apm) with applications in medicine, computing, and renewable energy. The development team completed key milestones for msep.one, including finalizing the initial feature set, improving integration of computational chemistry tools, and producing a stable version for download. The website (https://msep.one) was launched, and a successful launch event was held to introduce the platform.

Expenses: $127K

Ai for materials science: the focus of this project is to design an initiative that will use ai to accelerate progress in materials science using an approach called "electronic structure by design." this could dramatically reduce the time and cost associated with discovering new materials with novel and useful properties. For example, high-temperate superconductors would increase the efficiency of the power grid, and advances in thermoelectric materials would allow us to turn waste heat into electricity.

Expenses: $55K

Outer ring: the project supports the launch of outer ring. Outer ring will provide funding and incubation services for organizations doing work in support of a safe, stable, and shared future with advanced artificial intelligence. It will support projects in the non-technical realms of governance, communications, and law, as well as technical projects such as evaluations, standard-setting, and alignment research.

Expenses: $23K

Nuclear electric propulsion: the project supports the advancement of nuclear electric propulsion (nep) technology for by increasing collaboration between various stakeholders in the space (e.g., government institutions, universities, private and public research organizations).

Expenses: $14K

Financials

FY 2024

Revenue

Contributions & grants$4.8M
Program service revenue
Investment income$273K
Other revenue$3K
Total revenue$5.1M

Expenses

Grants paid$330K
Salaries & benefits$1.0M
Fundraising$9K
Other expenses$2.0M
Total expenses$3.4M
Total assets$10.2M
Net assets$9.6M

People

9 listed

NameRoleCompensation

NICHOLAS GJOKAJ

EXECUTIVE DIRECTOR

Board

$71K

18 hrs/wk

LAURA DEMING

PRESIDENT

Board

0.5 hrs/wk

MARTIN BORCH JENSEN

DIRECTOR

Board

0.5 hrs/wk

ANASTASIA GAMICK

TREASURER

Board

1 hrs/wk

JOSE LUIS RICON

VICE PRESIDENT/SECRETARY

Board

0.5 hrs/wk

PETER KELLY

PROGRAM DIRECTOR

Staff

$209K

40 hrs/wk

CATHERINE BARANOWSKI

PROGRAM MANAGER (FROM JAN 2024)

Staff

$144K

40 hrs/wk

RACHEL FENN

PROGRAM MANAGER(FROM JUNE 2024)

Staff

$127K

40 hrs/wk

TJ BURNETTE

PROGRAM MANAGER (THRU AUG 2024)

Staff

$115K

40 hrs/wk

Independent contractors

VELOCITY GLOBAL LLC

RESEARCH SUPPORT

$332K

TWIST BIOSCIENCE

RESEARCH SUPPORT

$175K

ERIKA ALDEN DEBENEDICTIS

EXECUTIVE ADVISOR/RESEARCH SUPPORT

$150K

GINKGO BIOWORKS INC

RESEARCH SUPPORT

$138K

BJ DEADMAN CONSULTANCY LTD

PROJECT MANAGEMENT SUPPORT

$135K

Grants received

Showing 13 of 13

FromAmountPurposeYear
$2M
SUPPORT FOR A SCIENTIFIC RESEARCH PROJECT FOCUSED ON PROTEIN FUNCTIONS
2024
$693K
SUPPORT FOR A SCIENTIFIC RESEARCH PROJECT TO STANDARDIZE AND DIGITIZE CHEMICAL REACTION DATA
2024
$81K
FUND CHARITABLE ACTIVITIES
2024
$2.0M
For grant recipient's exempt purposes
2023
$1.5M
TO PROVIDE SUPPORT FOR OPEN DATASETS INITIATIVE.
2023
$868K
PUBLIC, SOCIETAL BENEFIT
2023
$500K
GENERAL SUPPORT
2023
$100K
IDENTIFYING HIGH-IMPACT AI FOR MATERIALS SCIENCE
2023
$100K
TO PROVIDE SUPPORT FOR IDENTIFYING HIGH-IMPACT AI FOR SCIENCE PROJECTS.
2023
$2.0M
For grant recipient's exempt purposes
2022
$500K
TO PROVIDE SUPPORT FOR OPEN DATASETS INITIATIVE.
2022
$55K
PUBLIC, SOCIETAL BENEFIT
2022

Funded by

$10.6M from 7 funders · 13 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$4.1M · 2 grants · 2022–2023

Advocacy Action Fund Inc

$2.7M · 2 grants · 2024

The Eric And Wendy Schmidt Fund For

$2.2M · 4 grants · 2022–2023

Donor Advised Charitable Giving Inc

$923K · 2 grants · 2022–2023

Aphorism Foundation

$500K · 1 grant · 2023

Founders Pledge Inc

$81K · 1 grant · 2024

Details

EIN883129122
NTEE codeU99
Subsection03
Ruling date2022-08
Formed2022
Employees10
Volunteers12
SCIENCE AND TECHNOLOGY FUTURES INC — Mission, Financials & Grants Received | Grantivo