Overview

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Est.

2022

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FAR AI INC is a California-based nonprofit founded in 2022 that works in technology to make advanced AI safe and beneficial for everyone, supporting technical AI research. In fiscal year 2024, it reported $24.3M in total revenue and a $7.1M operating budget, with major funders including GOOD VENTURES FOUNDATION, FOUNDERS PLEDGE INC, and PLAYERS PHILANTHROPY FUND INC.

Mission Statement

FOUNDED IN 2022, FAR.AI, INC. IS A CALIFORNIA NON-PROFIT DEDICATED TO MAKING ADVANCED AI SAFE AND BENEFICIAL FOR EVERYONE. FAR.AI CONDUCTS AND SUPPORTS TECHNICAL AI RESEARCH, CONTINUED ON SCH O
Revenues
$24.3M
Expenses
$8.6M
Net Income:
+$15.7M
Assets
$23M
Liabilities
$562.6K
Net Assets:
+$22.5M
Operating Budget
$7.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
9
Median grant size
$300K
Largest grant received
$6M
A
Adam Gleave
Board Member
L
Lawrence Chan
Board Member
S
Sawyer Bernath
Board Member
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  • 14 funders
  • 9 board & team members
  • 3 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is FAR AI INC’s budget?
In 2024, FAR AI INC reported an annual operating budget of around $7.1 million. More detailed financial information is available to registered users.
What causes does FAR AI INC support?
FAR AI INC supports work in Technology.
Where does FAR AI INC operate?
FAR AI INC is headquartered in San Diego, CA.
Who funded FAR AI INC recently?
In 2024, FAR AI INC received grants from Silicon Valley Community Foundation, GOOD VENTURES FOUNDATION C/O APERCEN PARTNERS LLC, and PLAYERS PHILANTHROPY FUND INC. More information on this organization’s funders is available to registered users.
What is the largest grant FAR AI INC received in 2024?
The largest grant to FAR AI INC in 2024 exceeds $6 million.