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Musk Foundation is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2020. It holds total assets of $463M. Annual income is reported at $168.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Musk Foundation has made 79 grants totaling $407.3M, with a median grant of $278K. Annual giving has grown from $10.2M in 2020 to $236.6M in 2023. Individual grants have ranged from $5K to $102.3M, with an average award of $5.2M. The foundation has supported 63 unique organizations. The foundation primarily supports organizations in Texas, California, Ohio, which account for 68% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Musk Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 79 grants. Its grantmaking reaches organizations primarily in TX, CA, OH.
Musk Foundation has distributed a total of $407.3M across 79 grants. The median grant size is $278K, with an average of $5.2M. Individual grants have ranged from $5K to $102.3M.
Musk Foundation typically selects its grantees rather than accepting unsolicited proposals.
Musk Foundation is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matilda Simon | DIRECTOR | $0 | $0 | $0 |
| Elon Musk | PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| Jared Birchall | SECRETARY & TREASURER & DIRECTOR | $0 | $0 | $0 |
Total Giving
$237.3M
Total Assets
$536.2M
Fair Market Value
$9.5B
Net Worth
$536.2M
Grants Paid
$236.6M
Contributions
$0
Net Investment Income
$20.3M
Distribution Amount
$424M
Total: $122M
Total Grants
79
Total Giving
$407.3M
Average Grant
$5.2M
Median Grant
$278K
Unique Recipients
63
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The FoundationTO SUPPORT SCHOOL OPERATIONS AND PROGRAMS | Austin, TX | $34.8M | 2023 |
| The Foundation - See Attachment ATO SUPPORT SCHOOL OPERATIONS AND PROGRAMS | Austin, TX | $102.3M | 2023 |
| X Prize Foundation IncSUPPORT TECHNOLOGICAL DEVELOPMENT FOR CARBON REMOVAL | Culver City, CA | $54M | 2023 |
| Fidelity CharitableFOR SUPPORT OF PUBLIC CHARITIES | Cincinnati, OH | $25M | 2023 |
| Hack FoundationSUPPORT CODING EDUCATION |
| West Hollywood, CA |
| $4M |
| 2023 |
| Los Fresnos Consolidated Independent School DistrictSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Los Fresnos, TX | $2.2M | 2023 |
| Givedirectly IncSUPPORT FINANCIAL AID FOR FAMILIES LIVING IN POVERTY | New York, NY | $2.2M | 2023 |
| CodeorgSUPPORT ACCESS TO AND PARTICIPATION IN COMPUTER SCIENCE IN SCHOOLS | Seattle, WA | $2M | 2023 |
| Brownsville Independent School DistrictSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Brownsville, TX | $1.8M | 2023 |
| Medecins Sans FrontieresSUPPORT HUMANITARIAN AND CONVENTIONAL AID RESPONSES | New York, NY | $1M | 2023 |
| Harlingen Consolidated Independent School DistrictSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Harlingen, TX | $997K | 2023 |
| Idea Public SchoolsSUPPORT EDUCATION OF STUDENTS FROM UNDERSERVED COMMUNITIES | Weslaco, TX | $849K | 2023 |
| Khan AcademySUPPORT COMPUTER SCIENCE WORK AND UNFINISHED LEARNING PROGRAMS | Mountain View, CA | $500K | 2023 |
| Basis Texas Charter Schools IncSUPPORT SCHOOL OPERATIONS AND PROGRAMS | San Antonio, TX | $500K | 2023 |
| The St Bernard Project IncSUPPORT DISASTER RELIEF | New Orleans, LA | $500K | 2023 |
| Feeding TexasSUPPORT EFFORTS FOR A HUNGER-FREE TEXAS | Austin, TX | $500K | 2023 |
| World Central KitchenSUPPORT THE REFUGEE CRISIS IN AND AROUND UKRAINE | Washington, DC | $500K | 2023 |
| International First Committee AssociationSUPPORT OLYMPICS-STYLE ROBOTICS COMPETITION | Manchester, NH | $500K | 2023 |
| Jubilee Academic Center IncSUPPORT SCHOOL OPERATIONS AND PROGRAMS | San Antonio, TX | $426K | 2023 |
| San Benito Consolidated Independent School DistrictSUPPORT SCHOOL OPERATIONS AND PROGRAMS | San Benito, TX | $388K | 2023 |
| The Definity Project IncSUPPORT EDUCATION INITIATIVES | Atlanta, GA | $255K | 2023 |
| Friends Of Science EastSUPPORT SCIENCE EDUCATION | Shoreham, NY | $200K | 2023 |
| South Texas Independent School DistrictSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Mercedes, TX | $167K | 2023 |
| Rio Hondo Independent School DistrictSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Rio Hondo, TX | $125K | 2023 |
| Brownsville Wellness CoalitionSUPPORT CULTIVATION OF HEALTHY FOOD AND LIFESTYLES | Brownsville, TX | $125K | 2023 |
| Point Isabel Independent School DistrictSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Port Isabel, TX | $100K | 2023 |
| Team RubiconSUPPORT HUMANITARIAN AND CONVENTIONAL AID RESPONSES | Los Angeles, CA | $100K | 2023 |
| Libertas InstituteSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Lehi, UT | $100K | 2023 |
| Harmony Public SchoolsSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Houston, TX | $93K | 2023 |
| Friends Of WestminsterSUPPORT WESTMINSTER ELEMENTARY SCHOOL OPERATIONS AND PROGRAMS | Venice, CA | $75K | 2023 |
| South Texas Educational Technologies IncSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Weslaco, TX | $61K | 2023 |
| Tejano Center For Community Concerns Parent Of Brownsville Ryss AcademySUPPORT SCHOOL OPERATIONS AND PROGRAMS | Brownsville, TX | $61K | 2023 |
| Windward SchoolSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Los Angeles, CA | $50K | 2023 |
| Air Force Aid Society IncSUPPORT AIRMEN AND GUARDIANS | Arlington, VA | $50K | 2023 |
| Santa Maria Independent School DistrictSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Santa Maria, TX | $34K | 2023 |
| Responsive Education SolutionsSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Lewisville, TX | $21K | 2023 |
| Steamspace Education OutreachSUPPORT SCHOOL OPERATIONS AND PROGRAMS | Austin, TX | $20K | 2023 |
| Valere Public SchoolsTO SUPPORT SCHOOL OPERATIONS AND PROGRAMS | Austin, TX | $18K | 2023 |
| Boston UniversitySUPPORT UNIVERSITY OPERATIONS AND PROGRAMS | Boston, MA | $15K | 2023 |
| University Of Southern CaliforniaSUPPORT UNIVERSITY OPERATIONS AND PROGRAMS | Los Angeles, CA | $15K | 2023 |
| University Of WashingtonSUPPORT UNIVERSITY OPERATIONS AND PROGRAMS | Seattle, WA | $15K | 2023 |
| Catholic Diocese Of BrownsvilleSUPPORT GUADALUPE MIDDLE SCHOOL OPERATIONS AND PROGRAMS | Brownsville, TX | $11K | 2023 |
| Children'S Museum Of BrownsvilleSUPPORT CREATIVE LEARNING OPPORTUNITIES FOR CHILDREN | Brownsville, TX | $10K | 2023 |
| Fidelity Charitable - See Attachment AFOR SUPPORT OF PUBLIC CHARITIES | Cincinnati, OH | $36.1M | 2022 |
| Creative Visions FoundationSUPPORT RAISING AWARENESS ABOUT POPULATION ISSUES | Malibu, CA | $2.5M | 2022 |
| Sea Turtle IncSUPPORT EDUCATION, CONSERVATION, AND REHABILITATION PROGRAMS FOR SEA TURTLES | South Padre Island, TX | $2.1M | 2022 |
| Sbp - Long-Term Home RebuildingSUPPORT DISASTER RELIEF | New Orleans, LA | $1.4M | 2022 |
| Drk-Landesverband Westfalen-Lippe EvSUPPORT HUMANITARIAN EFFORTS IN CONNECTION WITH DISASTER RELIEF | Munster | $1.1M | 2022 |
| Seattle Children'S Hospital Aaron Matthew Sids Research GuildSUPPORT SIDS RESEARCH | Seattle, WA | $700K | 2022 |
| Good Neighbor Settlement House IncSUPPORT SOCIAL SERVICES FOR PEOPLE IN NEED | Brownsville, TX | $503K | 2022 |
HOUSTON, TX
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