X PRIZE FOUNDATION INC

aka XPRIZE   |   Culver City, CA   |  https://www.xprize.org

Mission

The mission of XPRIZE is to clearly articulate a vision of a preferred and positive future across a set of domains, identify a roadmap of breakthroughs needed to get there, and establish the incentive competitions that will focus the resources, talent and technology required to enable those breakthroughs and accelerate that future. We want to inspire and guide innovators to create breakthroughs enabling a world of abundance -- a world where every man, woman and child can access all the energy, clean drinking water, shelter, education and healthcare they require.

Ruling year info

1999

Founder and Executive Chairman

Peter H. Diamandis

CEO

Anousheh Ansari

Main address

800 Corporate Pointe Suite 350

Culver City, CA 90230 USA

Show more contact info

EIN

52-1876879

NTEE code info

Research Institutes and/or Public Policy Analysis (B05)

Science, General (includes Interdisciplinary Scientific Activities) (U20)

Fund Raising and/or Fund Distribution (W12)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

We are in need of "radical breakthroughs" for the benefit of humanity. We need to motivate individuals, companies and organizations across all disciplines to develop innovative ideas and technologies that help solve the grand challenges that restrict humanity's progress.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

IBM Watson AI XPRIZE

The $5 million IBM Watson AI XPRIZE is a global competition challenging teams to develop and demonstrate how humans can collaborate with powerful AI technologies to tackle the world’s grand challenges.

Population(s) Served

The $10M ANA Avatar XPRIZE is a four-year global competition focused on the development of an Avatar System that will transport a human’s sense, actions, and presence to a remote location in real time, leading to a more connected world.

Population(s) Served

The $20 million NRG COSIA Carbon XPRIZE is a global competition to develop breakthrough technologies that will convert CO₂ emissions from power plants and industrial facilities into valuable products like building materials, alternative fuels and other items that we use every day.

Population(s) Served

The $15 million Global Learning XPRIZE challenged teams from around the world to develop open-source, scalable software that empowers children to teach themselves basic reading, writing and arithmetic within 15 months.

Population(s) Served

The $7 million Barbara Bush Foundation Adult Literacy XPRIZE presented by Dollar General Literacy Foundation is a global competition challenging teams to develop mobile applications for existing smart devices that result in the greatest increase in literacy skills among participating adult learners in just 12 months.

Population(s) Served

The $7 million Shell Ocean Discovery XPRIZE is a global competition challenging teams to advance deep sea technologies for autonomous, fast, high-resolution ocean exploration.

Population(s) Served

The $1 million Adult Literacy XPRIZE Communities Competition challenges communities and organizations across the country to empower adults with low literacy skills to download and use a free, effective, convenient and private mobile learning tool. XPRIZE will provide the educational apps – you just have to get them into the hands of learners.

Population(s) Served

The Rainforest XPRIZE will accelerate the innovation of autonomous technologies needed for biodiversity assessment and will enhance our understanding of rainforest ecosystems by using rapid data integration to provide new wisdom about the forest as well as inspire new investment and exploration. The Rainforest XPRIZE will reveal the true potential of the standing forest, accelerating the development of new, just, and sustainable bioeconomies.

Population(s) Served

To accelerate the world’s response to the greatest challenge we face today, XPRIZE is launching the XPRIZE Pandemic Alliance, powered by the XPRIZE Data Collaborative, a powerful platform for collaboration, combining data, AI tools, and bleeding edge insights and ideas with a community of innovators on the fringe.
Comprised of a collection of exclusive datasets and AI capabilities spanning multiple domains, the XPRIZE Data Collaborative democratizes access to data and the tools needed to develop solutions, thus enabling teams and collaborators to use these valuable assets to solve the world’s most immediate challenges. Our goal is to incentivize and capture the collective intelligence and wisdom of the global community to identify and develop solutions based on data, beginning with the global pandemic we face today and extending further within the domains of health, economy, environment, and equity for all .

Population(s) Served

Where we work

Awards

“And the winner is…” 2009

The McKinsety Report

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We want to inspire and guide innovators to create breakthroughs enabling a world of abundance -- a world where every man, woman and child can access all the energy, clean drinking water, shelter, education and healthcare they require.

We use large-scale global incentive competitions to crowdsource solutions to the world's grand challenges.

We believe that solutions can come from anyone, anywhere. Scientists, engineers, academics, entrepreneurs and other innovators with new ideas from all over the world are invited to form teams and compete to win the prize. Rather than throw money at a problem, we incentivize the solution and challenge the world to solve it.

The incentive prize contest has existed for centuries. From the inception of the Longitude prize in 1714, through the Orteig prize that compelled Charles Lindbergh to fly across the Atlantic, prizes have ignited passions and brought about breakthroughs that no one thought possible.

Visioneering is XPRIZE’s main vehicle for designing prizes that solve humanity’s Grand Challenges. By tapping into the genius of the crowd, and our global brain trust of philanthropists and innovators, we significantly increase the likelihood that our XPRIZEs will catalyze breakthroughs that generate a 10x impact in the world.

Since 1994, XPRIZE has designed and launched seventeen prizes in the domain areas of Space, Oceans, Learning, Health, Energy, Environment, Transportation, Safety and Robotics.

Our first XPRIZE, the $10 million Ansari XPRIZE for private spaceflight, spurred an industry and created exponential breakthroughs. Since then we have launched over $140 million in prize purses, including the $15 million Global Learning XPRIZE, the $10 million Qualcomm Tricorder XPRIZE, and the $1.4 million Wendy Schmidt Oil Cleanup XPRIZE.

Each of these prizes has created an industry-changing technology that brings us closer to a better, safer, more sustainable world.

Financials

X PRIZE FOUNDATION INC
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
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X PRIZE FOUNDATION INC

Board of directors
as of 5/4/2020
SOURCE: Self-reported by organization
Board co-chair

Peter Diamandis

XPRIZE FOUNDATION

Term: 2004 -


Board co-chair

ROBERT WEISS

XPRIZE FOUNDATION

PETER DIAMANDIS

XPRIZE

Anousheh Ansari

XPRIZE

Amir Ansari

Prodea Systems

Jack Bader

Entrepreneur

Gil Elbaz

Factual

Eric Esrailian

UCLA

John Frank

Oaktree Capital Management

Jeff Holden

Uber

Salim Ismail

Best-Selling Author and Entrepreneur

Naveen Jain

Moon Express

Gregg Maryniak

XPRIZE

Avi Reichental

XponentialWorks

Lauren Selig

Shake and Bake Productions

Jeffrey Shames

MIT Sloan School of Management

Mark Siegel

ReMY Investors & Consultants, Inc.

Barry Thompson

FTL Holding

Robert Weiss

XPRIZE

Emily White

Mave