Drew Millard of the Outlinewrote in 2018 that the timing of the donation allowed Musk to keep away from taxes and to keep away from ceding stocks to his 2d wife, who filed for divorce withinside the spring of 2016. Through Instrumentl, I was able to accomplish in 6 hoursSIX HOURSwhat would have taken days or weeks with [another] search engine.. 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. Its better to find out now before you spend a lot of time and effort crafting a well-thought-out proposal. Its important to dive deeper into the subcategories to make sure you see the bigger picture. 10 11, Artists for Peace and Justice, which helps disadvantaged people internationally through education, and Haitian Relief Organizationwhich helped with recovery in Haiti after a tsunami struck that nationreceived funding from the Musk Foundation in 2011. According to its website, the Musk Foundation makes offers in help 4 areas: renewable strength studies and advocacy; human area exploration studies and advocacy; pediatric studies; and technological know-how and engineering education.. Easily see the range of award sizes given over time. On January 17, 2023, we asked community members to join us in celebrating the National Day of Racial Healing. Though thats not out of line with what some top AI researchers make, its more than the Musk Foundation handed out to all other charitable causes during its first eight years of operation. Revenue: $600,158 (Non-profit), National Wildlife Federation TheSierra Club Foundation acquired $250,000 in 2014. Add this when the Musk Foundation's funding for your niche lies below your desired amount. Your submission has been received! The libertarian assumes tank Cato Institute acquired $5,000 in 2007. The final criteria is the length of time that the removed carbon is locked up for. Find company research, competitor information, contact details & financial data for LYCEE GEN TECHNOL AGRICOLE LE PARACLET of COTTENCHY, HAUTS DE FRANCE. As you can see in the bar graph above, the number of grants has actually increased over the last 3 years, from 2 in 2017 to 10 in 2020. A lot of it comes down to spending habits of the parents as well. Add this when your state is sparsely represented - shaded in light purple - among past grantees. They received no compensation from the Foundation in 2016. (Non-profit), Sierra Club Foundation A funders 990 data can reveal so many useful insights about giving trends, but those insights can be hard to identify because of the 990 forms unreadability. Follow us for more interesting Elon Musk stories & news:Google News|Flipboard|RSS (Feedly), Iqtidar has been writing about Tesla, Elon Musk, and EVs for more than 3 years on XAutoWorld.com, many of his articles have been republished on CleanTechnica and InsideEVs, maintains a healthy relationship with the Tesla community across the Social Media sphere. Tesla and SpaceX CEOElon Muskis the only funder of the Musk Foundation and has donated at least $257 million to the organization. Lets keep digginglooking at the foundations giving average can also provide some valuable insights.. Nonprofit Quarterlyeditor-in-leader Ruth McCambridge criticized the donation due to the dearth of payout and transparency guidelines associated with donor-suggested fund providers. Global Greenhas acquired a couple of donations, consisting of one worth $45,980 in 2007. Get the latest business insights from Dun & Bradstreet. Add this when the average grant amount awarded by the Musk Foundation has increased for the past 3 years. Sign up for our email updates. His brother, Kimbal Musk, is secretary and treasurer. Tech Scholarship, 100% tuition-paid scholarship for the community, Scholarship with Lifetime Career Support, $2,500 Scholarship No Essay Deadline: 2023, Scholarships with no Essay Win Money for College, Win Free Scholarships Enter To Win $10,000 Today, Does SpaceX offer scholarships?, Did Elon Musk receive a scholarship? Or its like a very low bandwidth and its insanely expensive. Elon Musk, CEO of Tesla, has publicly touted his charitable activities. Also in 2016, the Musk Foundation made its largest disbursement to date, giving $37.8m to Vanguard Charitable. The list of its recipients grew longer and began to feature more organizations with links to Musks own family and interests. Before I got involved with the Tesla community on Twitter, I knew nothing about stocks, investing, or crypto. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Each category is broken down into subcategories. You can email the site owner to let them know you were blocked. By supporting projects that reflect the needs and diversity of our region, we work to create positive change throughout our shared community. Lets exit the fossil fuel era. Sign up now: https://t.co/TwLkS3FR31@PeterDiamandis@AnoushehAnsari #environment pic.twitter.com/hRrRIqaM7z. 26. Musk Foundation. The Community FoundationforMuskegon County believes civic engagement is essential to a healthy democracy. All Rights Reserved. Over just the first four months of 2021, Musk has committed almost $150 million directly to charities, according to Recode reporting and public announcements. Add this when the Musk Foundation's funding for your niche is around your desired amount. Disclaimer: Not affiliated or officially linked with Tesla Inc. in any way. On Wednesday, the foundation added aline to its website, stating its support for the development of safe artificial intelligence to benefit humanity. Accessed May 30, 2018. www.foundationsearch.com. Were making it easier for you to make a difference. Final Grant Report Evaluation Sheet 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. Some of the Musk Foundations donations have generated controversy. 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. Here are 3 key things that Instrumentls 990 tool can show you to help you figure out if applying to the Musk Foundation is a good use of your time. The $100M XPRIZE Carbon Removal is now LIVE. The Man is engulfed in flames at the 2017 Burning Man festival in the Black Rock desert of Nevada. Some of the Musk Foundations grants have benefited AI research, his brothers charity, his childrens school and his fight against LA traffic. The McKesson Foundation accepts applications for funding requests above $25,000 February 1 through April 30 each year. While this may seem promising, it should be considered in relation to the total giving data we reviewed above. The foundation funded photovoltaic systems helping communities affected by the Deepwater Horizon disaster in 2010 and the Fukushima earthquake in 2011. The California-based foundation focuses its giving on a few specific areas of interest, all of which center around renewable energy, space exploration, pediatric research, and science and engineering education. The foundation has also gifted $5 million to the online Khan Academy. Starting in 2020, e-filings are required. Get the latest business insights from Dun & Bradstreet. We accept funding requests up to $25,000 year-round. Looking at tax records, it is easy to see this represented in grants the foundation has made. Dont forgetyou can create a free Instrumentl account to discover more NTEE subcategories and their funding amounts! 5, In 2016, Musk donated 1.2 million shares of Tesla stock, worth $254,614,000 at the time, to the Foundation. You can read more about that in Simons article here. Kids are worth it if at all possible. 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. 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. Use the link below to access previous applications and final grant reports. 3 awards Musk has given personally to multiple causes and organizations, including multimillion-dollar donations to the Sierra Club and the XPrize Foundation, and a $1m grant to the Obama Foundation. All funding requests are assessed on the project's alignment with the Foundation's strategic giving pillars, demonstrated need, expected impact, cost, and other . The award program, which is part of the $100 Million XPRIZE for Carbon Removal supported by the Musk Foundation, was launched, in part, to fund early stage concepts from the next generation of carbon removal innovators and to remove barriers to entry for those interested in the main competition. One of the Community Foundations strategic goals is to enhance community trust and promote prosperity for all. Add this since Musk Foundation has had a decreasing giving trend for the last 3 years. Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. This website is using a security service to protect itself from online attacks. Hes absolutely correct in this respect. Applications will open in the fall of 2023, check back then! But should you pursue their grants? Many wealthy individuals fund their childrens schools, and support their own charities and initiatives, he explained. 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. Search for staff contact info and bios in PeopleFinder(paid subscribers only). Musk Foundation - EIN 770587507 Austin, TX - Instrumentl 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. I think Elon will probably find a way to help families in need in many ways. Assets: $57,371, The Musk Foundation is a private grantmaking foundation founded in 2002 by technology entrepreneur Elon Musk and his brother, Kimbal. 2023 Nonprofit Metrics LLCTerms of Service and Privacy Policy. Please note that the foundation never charges a fee in connection with its grants. If the answer is no, dont worry! However, a mailing address and telephone number, both culled from tax records, are provided below. Here are a few examples of recent grantees making a difference in our community: To view an infographic exploring the impact of CESGs from 2022, click here. (Non-profit), Energy Foundation Open AI's tax filings show. Recipients have included a school attended by Musks own children, a charity managed by his brother, a protest group fighting gridlock on Musks commute to SpaceX, and even an art project at Musks favorite festival, Burning Man. 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. States like Pennsylvania, Virginia, Ohio, and Washington are sparsely represented, with only 1-2 awards each. RESOURCES: Check out IPs directory of philanthropy and fundraising consultants. Lets also take a look at the number of grants awarded by the foundation.. Artists for Peace and Justice received $129,708. His brother, Kimbal Musk, is secretary and treasurer. Add this when there is a distant alignment between you and the Musk Foundation - e.g. We collaborate with donors, grantees, advisors and individuals to identify issues that are most important to the people of Muskegon County. Form 990 is a US IRS form that provides the public with financial information about nonprofits, including charitable foundations. IP TAKE: It is difficult to take this foundations website seriously as anything other than a way for its founder to troll grantseekers. According to its website, the Musk Foundation makes offers in help of 5 areas, a number of which intersect with Musks enterprise ventures: renewable strength studies and advocacy, human area exploration studies and advocacy, pediatric studies, technological know-how and engineering education, and improvement of secure synthetic intelligence to gain humanity. Click here for more information about Teacher Mini-Grants. 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. When I saw Elons tweet about how the Musk Foundation will help families directly, this literally made my heart sing. If you wanted to, you could learn almost anything for a very low cost just using a simple phone or an old tabletarouter box basically.. At the time, it was just an announcement, now further details and how to apply for the grant have emerged. Add this when you are a repeat grantee for the Musk Foundation. Faith Partner grants support churches* that are collaborating with other churches or nonprofit organizations. 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. (Non-profit), BlueGreen Alliance Foundation Not good news! This day is observed the Tuesday after Martin Luther King Jr. Day. This organization did not e-file for 2018 2019, so Instrumentl is unable to provide 990 insights. The best tool for finding & organizing grants, 67 reviews | High Performer status on g2.com. Janelle Mair, 231.332.4116 of COTTENCHY, HAUTS DE FRANCE. It also said that those payments ended as soon as the Foundation learned about them. $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. Their research observed that the Foundation often donated to charities wherein Musks own circle of relatives and/or his corporations have monetary and different interests. 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. 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. XPRIZE and Elon Musk will most likely be considering teams that are able to showcase the ability to reduce the carbon footprint on Gigaton levels. The Musk Foundation plans to donate directly to families, Tesla Cybertruck production machines already being ordered: report, Volvo follows in Stellantis footsteps and departs from ACEA. However, we know that looking at 990 data is overwhelming. Musk also donated $50 million to the childrens charity St Jude in honor of the successful SpaceX flight in September 2021. As you can see above, the Musk Foundations giving history has been inconsistent over the last 5 years. The huge influx of funds came with its own issues. Find out funders interests by seeing their top giving categories. Energy Resources Conservation & Development, International, Foreign Affairs & National Security, Natural Resources Conservation & Protection, Philanthropy, Voluntarism & Grantmaking Foundations. Grantees include Fidelity Charitable. There were That more than doubles Recode's . Additionally, teenagers in their schools computer club successfully reached Musk after finding his contact information in public records. Many funders tend to unequally split their budget between different funding purposes and categories. Ive worked hard to break that cycle, however, financial literacy and good spending habits should be commonly taught. It is a preview of Musks larger vision to ease LA traffic. Every gift makes a difference. I grew up in poverty and Ive been pretty fortunate. Who received these awards, and where are they located? IV held on to this idea for 16years. All grant application entries become the property of the Community Foundation for Muskegon County. Having been homeless as early as 9, this statistic hit home. 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. Looking at the table above, you can see the subcategories that fall under the Education category. 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). The Musk Foundation has made small contributions to a handful of right-of-middle nonprofits. Communicate your ideas and projects with us at grants@muskegonfoundation.org- we want to share your great ideas! 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. Its a win win troll. Musk turned to one of his passions, and his connections in Silicon Valley. Available for fiscal year 2015 and later. Between 2011 and 2013, the foundation also made two $50,000 donations to the Mirman school for gifted children in Los Angeles, a school that Elon Musks sons were attending at the time.