1 The brothers are the foundations sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. Musk had started organizing his charity givings more than a decade earlier. Grants through the Musk Foundation range from $1,000 to $100 million; however, the most common amount is a modest $10,000. The charity lacks a website or social media presence but its stated aim is making grants to other 501(c)3 initiatives and activities that are trying to solve the worlds problems. All acquired investment in 2011 totaling $19,200, $7,200, and $2,500, respectively. While the Musk Foundation website lists five distinct priority funding areas, realistically all of those areas boil down to the same thing: support for science research. Our grants. Its a win win troll. The Muskegon LEAD (Leading Efforts Against Discrimination) Giving Circle is supports organizations doing excellent work in the areas of Diversity, Equity, Inclusion, and Justice (JEDI). Each year, we award grants that benefit education, the arts, health and human services, the environment, community development and emerging community needs. The best tool for finding & organizing grants, 67 reviews | High Performer status on g2.com. Artists for Peace and Justice, which facilitates deprived human beings the world over thru education, and Haitian Relief Organizationwhich helped with healing in Haiti after a tsunami struck that nationacquired investment from the Musk Foundation in 2011. I think that if the Musk Foundation really wants to help families, especially those who are struggling to make ends meet, perhaps Elon will consider financial literacy programs for families in homeless shelters as well as colleges and schools. that are established and organized as such by the IRS. Nonprofit Quarterlyeditor-in-leader Ruth McCambridge criticized the donation due to the dearth of payout and transparency guidelines associated with donor-suggested fund providers. Elon Musk, CEO of Tesla, has publicly touted his charitable activities. Teams can submit entries across natural, engineer and hybrid solutions. States like Pennsylvania, Virginia, Ohio, and Washington are sparsely represented, with only 1-2 awards each. If anyone hears this message and is interested I would like to introduce me and my idea. 14Other recipients of Musk Foundation grants include the National Wildlife Federation; the funding and fiscal sponsorship group New Venture Fund; Energy Foundation; Oxfam America; Oceana; the BlueGreen Alliance Foundation; the Tides Center; and Natural Resources Defense Council (NRDC). Lets exit the fossil fuel era. At the time, it was just an announcement, now further details and how to apply for the grant have emerged. Add this when the Musk Foundation's funding for your niche is around your desired amount. Check out IPs directory of philanthropy and fundraising consultants. Funding by NTEE codes is by far the most important factor to consider in funder evaluation. Instrumentl creates easy-to-read 990 Reports based on digitized IRS Form 990s for thousands of private foundation and nonprofits to make it easier for you to find good fit funders like Musk Foundation. Artists for Peace and Justice acquired $129,708. Community Empowerment Small Grants (CESGs) are tools provided by the Community Foundation to build a vibrant community with great opportunities for all. Documents obtained by the Guardian reveal how the foundation has put that vague mission statement into practice. This is promising! Millions of people worldwide experience poverty and here in the U.S., we are pretty fortunate that there are shelters, churches, and other organizations dedicated to helping people. Thats ok! They received no compensation from the Foundation in 2016. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The Community FoundationforMuskegon County believes civic engagement is essential to a healthy democracy. This organization did not e-file for 2018 2019, so Instrumentl is unable to provide 990 insights. Birth Defects & Genetic Diseases Research, Community Improvement & Capacity Building. As a result, its not transparent or approachable. It also said that those payments ended as soon as the Foundation learned about them. If the answer is no, dont worry! The website of NASA visually explains how big is a gigaton, roughly equal to a sheet of ice placed on top of Central Park in Manhattan stacked 1,119 feet high. Education receives the highest amount of funding, with $1.1 million. These days you can learn almost anything online. (Non-profit), Global Green USA Annual Conservation Grants In 2023, the Disney Conservation Fund is offering a streamlined opportunity for eligible organizations to apply for a two-year conservation grant of $100,000 to advance community-based efforts that protect biodiversity and restore habitats. BROWNSVILLE, Texas (ValleyCentral) On Wednesday, Brownsville Independent School District announced a $2.5 million donation from the Elon Musk Foundation . MIT, for example, has all of their lectures online and a number of other universities do. ^, elon musk scholarship for international students, Manager Waste Management at Malaria Consortium, Finance & Administration Manager at Malaria Consortium, Technical Lead Clinical Care at Malaria Consortium, Zonal Project Manager at Malaria Consortium, NNPC Limited / TotalEnergies MIT-Empowering the Teachers (MIT-ETT) 2023 Program. Tesla CEO Elon Musk announced that his private foundation, The Musk Foundation, plans to donate directly to families. There were Where your heart leads, your giving can follow. Angelenos Against Gridlock is now defunct, and Musk has turned his attention to building tunnels to whisk Tesla electric cars swiftly beneath the citys traffic instead. Phew! SOURCE OF WEALTH: PayPal, SpaceX, Tesla Motors FUNDING AREAS: Energy, Environment, Pediatric Health, Education OVERVIEW: Elon Musk formed The Musk Foundation in 2002 and prioritizes renewable energy, science and engineering education, and pediatric health. If some genius does manage to come up with a solution then thats also a win. Add this when the average grant amount awarded by the Musk Foundation has increased for the past 3 years. While secrecy was not Musks motivation for using donor-advised funds, he does believe that true philanthropy is done for the most part anonymously, a spokesperson for the foundation told the Guardian. 18 19, The Musk Foundation has made small contributions to a handful of right-of-center nonprofits. Many funders tend to unequally split their budget between different funding purposes and categories. To win the competition, teams must demonstrate a rigorous, validated scale model of their carbon removal solution, and further must demonstrate to a team of judges the ability of their solution to economically scale to gigaton levels. A minimum goal of 100 years is desired. Elons charitable giving has kickstarted AI safety research, transforming it into what is now a vibrant and respectable research area, said Max Tegmark, a professor at the Massachusetts Institute of Technology, who personally received $9m from Musk for research at the Future of Life Institute. Its not against the law Dale noted. Add this when your state is represented more heavily - shaded in darker purple - among past grantees. However, a mailing address and phone number for the foundation are provided below. Elon Musk gave away $5.7 billion in Tesla shares to his charity foundation last year, Bloomberg reported. I think Elon will probably find a way to help families in need in many ways. Every gift makes a difference. On January 17, 2023, we asked community members to join us in celebrating the National Day of Racial Healing. But dont worryInstrumentl analyzes and breaks down funders' 990 data into reader-friendly, easily digestible pieces of information that make it easy to identify trends. The final criteria is the length of time that the removed carbon is locked up for. This type of structure makes it difficult for the public to tell which client is making which awards, a benefit for the publicity-shy. Criterion #5: If you are a new grantee, add the Musk Foundations proportion of giving to new grantees to your funder score. of COTTENCHY, HAUTS DE FRANCE. Elon is pretty sure carbon capture and storage is a scam and is not economically viable. Heres a bonus tip! WIRED. Get personalized grant recommendations, tracking and more. Its 2016 IRS filing (Form 990) shows that its largest donation that year was $37,798,322 and went to donor-advised fund provider Vanguard Charities. Notice: The Internal Revenue Service (IRS) is delayed in releasing 990 filings from 2021 and 2022. Elon Musk Scholarships 2023 Fully Funded. Musks first big gift to the foundation came the following year, shortly after eBay bought PayPal, the payments company that Musk had an interest in. The libertarian think tank Cato Institute received $5,000 in 2007.20In 2005, Citizens Against Government Waste received a $10,000 grant; National Taxpayers Union received $2,500 in the same year. 2020 Family Fund Grant Application Yes, I have read and reviewed the MUSC Foundation guidelines on allowable/unallowable expenses as defined by the Foundation. Performance & security by Cloudflare. This year, he promised to donate $30 million to Brownsville, Texas, the city nearest to a massive rocket hub run by his company SpaceX,. Accessed May 30, 2018. www.foundationsearch.com. Disclaimer: Not affiliated or officially linked with Tesla Inc. in any way. Grants are made in support of: Renewable energy research and advocacy; Human space exploration research and advocacy; Pediatric research; Science and engineering education, the site reads. Using Form 990s, Instrumentl shows you key information about a foundation's historical giving such as their past grantees, average grant amounts, giving frequency, location preferences, and current board members. Dont forgetyou can create a free Instrumentl account to discover more NTEE subcategories and their funding amounts! This organization did not e-file for 2014 2015, so Instrumentl is unable to provide 990 insights. You'll receive our eNewsletter delivered right to your inbox! With such a famous name, the Musk Foundation may be an intriguing prospect for your grant writing. The Musk Foundation supports organizations which push a left-of-center agenda, particularly environmentalist organizations. We are working on providing unlimited resources that will answer and guide our readers on related topics but not limited to: A lot of it comes down to spending habits of the parents as well. Browse the listings for your next project. Drill down into giving patterns per category. In those early days, the foundation made small, uncontroversial donations to Musks alma maters in South Africa and the US, to other educational charities, space societies and childrens hospitals such as the Seattle Childrens Hospital and the Childrens Hospital of Los Angeles. ^ Musk Foundation. Accessed May 30, 2018. http://www.muskfoundation.org/. Kitchen Community, now called Big Green, has raised over $47m since its inception. There were Here you go! Avoid scams. TheSierra Club Foundation acquired $250,000 in 2014. Education receives the highest amount of funding, with $1.1 million. New York is the next most heavily represented state, having received 10 awards. FILE - SpaceX's Starship turns after its launch from Starbase in Boca Chica, Texas, Thursday, April 20, 2023. The Musk Foundation has made small contributions to a handful of right-of-middle nonprofits. For more information and access to the action kits, visit https://healourcommunities.org/day-of-racial-healing/. It makes grants to support renewable energy research and advocacy, human space exploration research and advocacy, pediatric research, science and engineering education, and development of safe artificial intelligence to benefit humanity. Musk who controls Tesla, SpaceX and The Boring Company is worth an estimated $22bn, although almost all his wealth is tied up in his own companies. However, we know that looking at 990 data is overwhelming. Since 2004, Musk has donated $29,800 to Republican political action committees and nearly $213,000 to the National Republican Congressional Committee (NRCC). Final Grant Report Evaluation Sheet Sign up for our email updates. The Musk Foundation has selected XPRIZE.org to manage this fund which is the largest-ever prize for the cause donated by an individual. Add this where there is an evident close alignment between you and the Musk Foundation. We collaborate with donors, grantees, advisors and individuals to identify issues that are most important to the people of Muskegon County. $100 Million Prize Purse XPRIZE Carbon Removal is aimed at tackling the biggest threat facing humanity - fighting climate change and rebalancing Earth's carbon cycle. In 2012, the year Musk signed the giving pledge, the foundation expanded its horizons and donated to the Rock and Roll Hall of Fame, the Los Angeles Police Foundation, and a not-for-profit organization for professional women in New Yorks film, television and digital media industries. Over the last 3 years, 53% of the Musk Foundations grant awards have gone to new grantees. (Non-profit), National Wildlife Federation OVERVIEW: The Musk Foundation is the personal philanthropic organization of Elon Musk. Grantseekers may have more success getting Musks attention by tweeting at him, which has worked in the past. To help you along in your grant-seeking quest, we are providing you with a list of funders that are similar to the Musk Foundation that may be a better fit. Why is this information so important? In 2012, Musk joined billionaires like Michael Bloomberg and Warren Buffett in signing The Giving Pledge, a commitment by some of the worlds richest individuals to give away the majority of their wealth, either during their lifetimes or upon their deaths. Updated: Jan 27, 2022 / 08:07 AM CST. If it was possible he would already have an idea for how to make it work. Elon Musk's $5.7 Billion Donation Sparks Questions About Giving Glenn Gamboa and Haleluya Hadero, Associated Press February 22, 2022 Susan Walsh, AP Elon Musk does sometimes provide transparency about his donations. Add this since Musk Foundation has had a decreasing giving trend for the last 3 years. The following May, Musk donated 1.2m shares of Tesla Motors, valued at nearly $255m at the time. Beginning April 2022, all applications will be submitted in the Grant Lifecycle Manager (GLM) the link is provided in each application description. Your submission has been received! Living in and out of homeless shelters as a child, one learns that its a really harsh world out there. Your IP: Effect of Enhanced Welfare Package on Employees Morale and Performance in Investment and Security Tribunal Abuja Nigeria, Scholarship: Fully Paid Tesla Summer Internships 2023 for Students: Tesla Career Opportunities, Copyright 2023 | MH Magazine WordPress Theme by MH Themes, Rivers State Health Service Recruitment 2023/2024 Application Form Portal | www.rshmb.net.ng, Malaria Consortium Recruitment 2023 Job Vacancies (7 Positions) Apply Now, Senior Monitoring & Evaluation (M&E) Officer at Malaria Consortium, Grievance Redress Mechanism Manager at Malaria Consortium. This is a good indicator that the Musk Foundation will continue to be open to new grantees in years to come. Human space exploration research & advocacy, Development of safe artificial intelligence to benefit humanity. Im going to focus more on the Musk Foundation especially because it was something that came up in my interview with Elon Musk at the beginning of this month. Although I am clearly not an expert on these topics, I do know we often inherit our spending habits from our parents as well as the people around us. It doesnt provide much information or provide a method of contact. Add this when the Musk Foundation's funding for your niche lies below your desired amount. Since total giving decreased, but the number of grants increased, we can infer that the foundation is awarding less money per grant award. Keep reading to learn even more factors that you should consider! XPRIZE web page for Elon Musks $100M donation details the following key points that can help a team win the prize. Form 990s provide critical insight to know if a foundation is a good match for you or your organization. . XPRIZE will open registrations for the competition starting this years Earth Day (April 22nd, 2021) and the competition will run continuously for four years to find the best carbon capture solution. Currently, XPRIZE is only taking the email addresses of the interested persons or companies on the organizations website that will keep you updated with the happenings and notify you as soon as the application date arrives. All grant application entries become the property of the Community Foundation for Muskegon County. The Musk Foundations grant accounted for the majority of YC.orgs revenue, and almost all of its own funding, when it passed along $10m to OpenAI later that year. The article clarified that not one of the bills had been illegal, and stated charity professionals who stated that many had been inside charitable norms. In 2015, he had pledged $1bn to a set up a research company called OpenAI that would develop safer AI in a way that is most likely to benefit humanity as a whole. Form 990 is a US IRS form that provides the public with financial information about nonprofits, including charitable foundations. Each category is broken down into subcategories. If the answer is yes, we have an action item for you to add to your to-do list before you tackle writing a grant proposal. Instrumentl makes it easy to connect with these insiders with its past grantees feature.. Single mothers are often shamed for having children and then being homeless. Artists for Peace and Justice received $129,708. Learn more about and support their work. Sam Altman, president of Y Combinator, a Silicon Valley accelerator that has helped to launch hundreds of technology start-ups, attends a conference in Dresden, Germany, in 2016. NYC transit agency pulls the brake on Twitter service alerts Confusion as Musk's Twitter yanks blue checks from agencies We have a list of similar funders that may be better fitjust keep reading! Ive worked hard to break that cycle, however, financial literacy and good spending habits should be commonly taught. We are very honored and appreciative of the Musk foundation for supporting BIG and helping to amplify opportunities for those within our community." The main metric for this competition is fully considered cost per ton, inclusive of whatever considerations are necessary for environmental benefit, permanence, any value-added products; and. This information is helpful, but there is so much more that we can show you to help you determine if the Musk Foundation is a good-fit funder for your project. They acquired no repayment from the Foundation in 2016. This is why education and compassion are so important. Elon Musk is president of the Musk Foundation. This article was updated on 23 January 2019 with comment from Big Green and to clarify language about the Musk Foundations spending priorities. Its website is minimal and does not provide a clear way to contact either Elon Musk or Jared Birchall, treasurer of the foundation and the only other known staff member other than Musk himself. It has consistently given to the Crossroads School for Arts and Sciences, Ad Astra School, and The Windward School, all in California. The brothers are the basis's sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. Sign up now: https://t.co/TwLkS3FR31@PeterDiamandis@AnoushehAnsari #environment pic.twitter.com/hRrRIqaM7z. Elon Musk is a South African-born American technology entrepreneur, investor, and philanthropist best known for his role as a founder or co-founder of a number of high-profile technology firms. Create your free Instrumentl account today to explore and vet more foundations and get matched with 100+ relevant grants! Private Foundation Excise Taxes on Undistributed Income, Gifts from Private Foundations to Donor Advised Funds, In Support of Los Angeles Firefighters and Fire Stations, For Covid-19 Antibody Seroprevalance Study, Net gain from sale of non-inventory assets. Open AI's tax filings show. There were Another key contributor to poverty is the lack of financial literacy. Grants are available in the two month prior to primary and general elections. Accessed May 30, 2018. http://www.wired.co.uk/article/elon-musk-tesla-spacex-empire. When I saw Elons tweet about how the Musk Foundation will help families directly, this literally made my heart sing. (Non-profit), BlueGreen Alliance Foundation All Rights Reserved. Grantees include Fidelity Charitable. You can see by the downward trend that their giving has reduced by 50% since 2017, dropping from nearly $48 million to $23 million. A non-profit that's received millions of dollars in donations from Elon Musk to tackle technological threats to human existence offered a $100,000 grant to a right-wing extremist media platform . For many parts of the world, this is the casebillions of people., So I think those things are helpful. The Musk Foundation funds projects that fall into two NTEE categories. It received a total of nearly half a million dollars over the next four years from the Musk Foundation one of the foundations largest direct awards at the time. But should you pursue their grants? We should never judge people over the situations they find themselves in. He told me, Well, we try hard with the foundation to give away money in ways that are actually useful whether its like a maximum number of cents on the dollar of actually helping the people in need., Its way harder to give away money than you think if you care about it actually doing good as opposed to sounding like it does good. Together, the documents show that many of the organizations donations have gone far beyond its stated scope. Neither Elon nor Kimbal has ever accepted any compensation for their work with the foundation, nor are there any other salaried staff at the organization, filings indicate. 25, Elon Musk is president of the Musk Foundation. Funding is available to support programs related tolife-long literacy and educational equity. Where and how is up to you. While this may seem promising, it should be considered in relation to the total giving data we reviewed above. So when no one takes up the $100mill within 4 years the argument will be put to rest. All funding requests are assessed on the project's alignment with the Foundation's strategic giving pillars, demonstrated need, expected impact, cost, and other . In other words, if an aircraft is able to carry 1 ton, it will take 10,000 aircraft carriers to lift a gigaton. Public Safety, Disaster Preparedness & Relief receives the lowest amount of funding, with only $250,000. The foundation does not accept unsolicited proposals or requests for funding. I suspect he wants to focus on education. Instrumentl makes it super easy to understand all of that data and insight so that you can focus your time and energy on proposals that have a high ROI. Annual IP membership required. Foundation for the Global Compact 2023 in support of the Global Africa Business Initiative, an effort to grow the economy to benefit poor and vulnerable communities in Africa $500,000 Awarded Mar 20-2023 The Global FoodBanking Network 2023 in support of expanding a global food banking system for impoverished and malnourished populations $2,831,300 Musk also donated $50 million to the childrens charity St Jude in honor of the successful SpaceX flight in September 2021. The Kitchen Restaurant Group, a family of restaurants primarily owned by Kimbal, donated hundreds of thousands of dollars to the organization, the spokesman added. Musk Foundation Austin, TX, United States www.muskfoundation.org + Contact Info Contact Maps and Charts Funding Interests Grant Information Recipient Profiles Applications/RFPs Financials Who's Who - Officers and Staff News, Social Media and Publications About Purpose and Activities Elon Musk made one of the biggest donations to a charity in history with a November gift of $5.7 billion in Tesla shares. Easily see the range of award sizes given over time. The foundation funded photovoltaic systems helping communities affected by the Deepwater Horizon disaster in 2010 and the Fukushima earthquake in 2011. Grants can be up to $500 for specific projects or programs including: program enhancement that meets curriculum guidelines, expanding an already existing unit, student awards, special events, professional development, artists in residence and parent involvement programs. But, if Musk continues to use Vanguard, it would make his already secretive foundation even less transparent in future years. No late applications will be accepted. Im planning to increase childcare benefits at my companies significantly. After reading through all this information, you may have decided that the Musk Foundation isnt a great fit for your project or organization. The teams ability to demonstrate to the judges that their solution can economically scale to the gigaton level. 38 awards With a focus on educational scholarships, study grants, and other various charitable programs. Filings show the organization is run by Sam Altman, a director of OpenAI and the president of Y Combinator, a Silicon Valley accelerator that has helped to launch hundreds of technology startups, including Airbnb, Cruise Automation and Dropbox. 6 Drew Millard of the Outline wrote in 2018 that the timing of the donation allowed Musk to avoid taxes and to avoid ceding shares to his second wife, who filed for divorce in the spring of 2016. The list of its recipients grew longer and began to feature more organizations with links to Musks own family and interests. (Non-profit), People for the American Way (PFAW) Foundation The remarkably brief and austere website for the Musk Foundation targets 4 areas for grant support: renewable energy research and advocacy, human space exploration research and advocacy,. The Musk Foundation is a private grantmaking foundation founded in 2002 by technology entrepreneur E Elon Musk Foundation The Musk Foundation does not have a mission statement or offer much in the way of a guiding principles. Sal Khan, the founder of Khan Academy, recently gave a big shout-out to Elon Musk and the Musk Foundation for a generous donation of $5 million. 3k+ grant writers have already subscribed. Musk Foundation: Employer Identification Number (EIN) 770587507: Name of Organization: Musk Foundation: In Care of Name: . The Man is engulfed in flames at the 2017 Burning Man festival in the Black Rock desert of Nevada. Tesla CEO Elon Musk announced that his private foundation, The Musk Foundation, plans to donate directly to families. Musks solar power company Solar City (now part of Tesla) participated in both installations. Its 2016 IRS filing (Form 990) indicates that its biggest donation that yr turned into $37,798,322 and went to donor-suggested fund company Vanguard Charities. Also in 2016, the Musk Foundation made its largest disbursement to date, giving $37.8m to Vanguard Charitable. Florida, Maine, North & South Carolina, and Indiana are among states that are not historically represented and have not received grant awards from the Musk Foundation. PROFILE: Established in 2002, the Musk Foundation was created by Elon Musk, CEO of the electric vehicle automotive company Tesla Motors and the space rocket maker SpaceX. The $100M XPRIZE Carbon Removal is now LIVE. The McKesson Foundation accepts applications for funding requests above $25,000 February 1 through April 30 each year.
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