EIN 86-1682051

New Science Research

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
Description
New Science Research empowers scientists and institutions to facilitate breakthroughs. It publishes metascience research and provides fellowships for young scientists.
Total revenues
$34,915
2023
Total expenses
$898,910
2023
Total assets
$69,656
2023
Num. employees
5
2022

Program areas at New Science Research

One-year fellowships: New Science provided 12-month fellowships for talented young scientists to pursue ambitious, early-stage ideas in the basic life sciences. Each fellow received a stipend, project funding, healthcare coverage, access to New Science's network of scientists, and customized support. The goal was to give fellows maximal leverage to advance high-potential, pre-paradigmatic research.summer fellowships: New Science provided a fully-funded summer Research fellowship for young scientists to pursue proof-of-concept Research projects based on early-stage ideas that would be difficult to fund through traditional grants. In 2022, there were 6 fellows who worked on projects ranging from recreating functional chloroplasts to developing therapeutics for sars viruses. The goal was to give fellows independence to expand their Research ambitions and learn about alternative Research structures.
Organizational support for Research fellowships and other activities, in-house Research, etc.
Published metascience researcha. In 2022, New Science published a metascience Research report, "New Science's report on the nih" written by matt faherty to understand their operations, incentives, and impact on scientific progress. The extensive report examined issues with the nih extramural grant process, study selections, funding allocation, political influences, and proposed reforms. The goal was to accelerate scientific progress through institutional analysis and critique. B. elliot hershberg wrote an analysis titled, "how software in the life sciences actually works (and doesn't work)" that was published by New Science in 2022 examining how software is developed and funded in the life sciences. He found that most life sciences software is developed by academic labs, suffers from lack of funding and incentives for maintenance, and results in a large number of unusable tools. He proposed New funding models like focused Research organizations and private arpas to enable teams of professional engineers to build higher-quality systems. The goal was to highlight challenges in the current ecosystem and explore alternative structures to improve biological software.

Grants made by New Science Research

GranteeGrant descriptionAmount
Stanford University / The Board of Trustees of the Leland Stanford Junior UniversityResearch Fellowship$141,000
Brigham and Womens Physicians OrganizationResearch Fellowship$130,000
Arc Research InstituteResearch Fellowship$100,000
...and 4 more grants made

Personnel at New Science Research

NameTitleCompensation
Alexey GuzeyPresident$108,979
Mark LutterBoard Member$0

Financials for New Science Research

RevenuesFYE 12/2023
Total grants, contributions, etc.$33,533
Program services$0
Membership dues$0
Investment income and dividends$0
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$1,382
Total revenues$34,915

Form 990s for New Science Research

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-21990EZView PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 26, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 28, 2023
Updated personnel
Identified 7 new personnel
May 21, 2023
Used new vendors
Identified 1 new vendor, including
May 21, 2023
Received grants
Identified 2 new grant, including a grant for $647,000 from Founders Pledge
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersResearch centersCharities
Issues
Science and technologyEducation
Characteristics
Provides grantsConducts researchTax deductible donationsAccepts online donations
General information
Address
2 Embarcadero Ctr 8th Floor
San Francisco, CA 94111
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
newscience.org/ 
Phone
(203) 615-4313
IRS details
EIN
86-1682051
Fiscal year end
December
Taxreturn type
Form 990-EZ
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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