Compensation 990

X Prize Foundation Inc.

Fiscal year ending 2017. Filed on November 15, 2018.

800 Corporate Pointe Suite 350
Culver City, California 90230

X Prize Foundation Inc. (EIN: 52-1876879) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, X Prize Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 14 out of 117 total employees. Among the employees shown here, the average compensation is $282,591. The highest compensated employee at X Prize Foundation Inc. is Marcus Shingles with fiscal year 2017 compensation of $779,365.

Revenue, expenses, and employee compensation

Revenue

$27,705,112

Expenses

$36,428,638

Employee compensation

$12,975,564
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋98.3%vs 2016
Marcus Shingles
Chief Executive Officer
$779,365
$759,641 from orgNo related comp$19,724 other
－2.2%vs 2016
Robert K Weiss
Vice Chair
$425,996
$374,687 from orgNo related comp$51,309 other
＋37.3%vs 2016
Christopher Frangione
Vp-Prize Development and Execution
$315,032
$312,013 from orgNo related comp$3,019 other
－13.4%vs 2016
Peter Diamandis
Founder and Chair
$262,409
$253,883 from orgNo related comp$8,526 other
New in 2017
Massimo Cappellari
Chief Technology Officer
$246,856
$239,446 from orgNo related comp$7,410 other
＋21.3%vs 2016
Matthew Keller
SR Director-Civil Society Impact
$241,852
$200,897 from orgNo related comp$40,955 other
＋30.3%vs 2016
Zenia Tata
Chief Impact Officer
$233,903
$222,753 from orgNo related comp$11,150 other
＋8.1%vs 2016
Jeffrey Nerdin
Vp-Gen Counsel, Legal and CORP DEV
$233,703
$224,004 from orgNo related comp$9,699 other
New in 2017
Gillian Sheldon
Chief Marketing Director
$219,974
$208,659 from orgNo related comp$11,315 other
＋14.2%vs 2016
Paul Bunje
Chief Scientist
$215,709
$212,787 from orgNo related comp$2,922 other
＋13.8%vs 2016
Grant Campany
SR Director-Prize Operations
$203,877
$200,357 from orgNo related comp$3,520 other
New in 2017
Edward McNierney
Director-Prize Strategy
$201,769
$192,883 from orgNo related comp$8,886 other

Non-Employee Board Members

Amir Ansari
Director
Anousheh Ansari
Director
Barry Thompson
Treasurer
Eric Esrailian
Director
Gil Elbaz
Director
Gregg Maryniak
Secretary
Jack Bader
Director
Jeffrey Shames
Director
John Frank
Director

Mission Statement

TO BRING ABOUT RADICAL BREAKTHROUGHS FOR THE BENEFITS OF HUMANITY, THEREBY INSPIRING THE FORMATION OF NEW INDUSTRIES AND THE REVITALIZATION OF MARKETS

Revisions to this organization profile

November 17, 2025:
2024 X Prize Foundation Inc. 990 filed
November 8, 2024:
2023 X Prize Foundation Inc. 990 filed
November 16, 2023:
2022 X Prize Foundation Inc. 990 filed

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