Add this when the average grant amount awarded by the Musk Foundation has increased for the past 3 years. Elons Empire: The Sprawling, Intertwining Web of Elon Musks Vested Interests. WIRED. The $100M XPRIZE Carbon Removal is now LIVE. We are very honored and appreciative of the Musk foundation for supporting BIG and helping to amplify opportunities for those within our community." A lot of it comes down to spending habits of the parents as well. Other recipients of Musk Foundation offer to encompass worldwide useful resource nonprofits along with Doctors Without Borders, which turned into given $100,000 in 2012 alone, healthcare businesses along with World Spine Care, and the co-instructional Mirman School for Gifted Children. In fact, the foundations website consists of only 38 words, listing its funding interests. It is supported by Elon Musk and located in Austin, TX. The entire website of Elon Musks private charitable foundation is shorter than many of the Tesla CEOs contentious tweets. Kellogg Foundation, encourages community members to reflect on and create solutions to combat inequities in our community. Making higher education more accessible for hundreds of area students is an investment in the future of our youth and our community. 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 . Elon is pretty sure carbon capture and storage is a scam and is not economically viable. Musk Foundation in Los Angeles, California (CA) 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. Generally, education, obviously, is good. 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. As you can see above, the Musk Foundations giving history has been inconsistent over the last 5 years. 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. 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. This year, he promised to donate $30 million to Brownsville, Texas, the city nearest to a massive rocket hub run by his company SpaceX,. Open AI's tax filings show. 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. Criterion #5: If you are a new grantee, add the Musk Foundations proportion of giving to new grantees to your funder score. OVERVIEW: The Musk Foundation is the personal philanthropic organization of Elon Musk. However, a mailing address and telephone number, both culled from tax records, are provided below. Starting in 2020, e-filings are required. Its a donor-advised fund a tax-efficient giving vehicle that holds money on behalf of multiple clients and distributes it over time. Add this when there is a distant alignment between you and the Musk Foundation - e.g. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Rememberthese are just two metrics that we will consider as we evaluate funder fit. Musk Foundation | Inside Philanthropy The list of its recipients grew longer and began to feature more organizations with links to Musks own family and interests. The Kitchen Restaurant Group, a family of restaurants primarily owned by Kimbal, donated hundreds of thousands of dollars to the organization, the spokesman added. Starting in 2020, e-filings are required. Even the foundation giving money to Big Green, which in turn paid Kimbal, may not be problematic. When I saw Elons tweet about how the Musk Foundation will help families directly, this literally made my heart sing. 3 Charitable recipients of Musk Foundation grants include international aid nonprofits such as Doctors Without Borders, healthcare organizations such as World Spine Care, and the co-educational Mirman School for Gifted Children.4, Tesla and SpaceX CEO Elon Musk is the sole funder of the Musk Foundation, and has donated at least $257 million to the organization. 2110 Ranch Rd., 620 S.P.O. Each category is broken down into subcategories. Artists for Peace and Justice acquired $129,708. Other explicitly left-wing businesses that have acquired investment are theWilliam J. Clinton Foundation,People for the American Way Foundation, andTransgender Law Center. Musk Foundation: Should You Pursue Their Grants? | Instrumentl The Musk Foundation funds projects that fall into two NTEE categories. He also reminded me in our interview that we need to think beyond the United States when talking about poverty. 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. Open AIs tax filings show its top researcher alone was paid $1.9m in 2016. 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. Return of Organization Exempt from Income Tax (Form 990-PF). Add this when your state is sparsely represented - shaded in light purple - among past grantees. Available for fiscal year 2015 and later. The solutions presented by the participating teams will also have to be scalable and cost-effective in order to win the grant, says XPRIZE. Add this when there is little to no understanding of the alignment between you and the Musk Foundation. 22Nonprofit Quarterly editor-in-chief Ruth McCambridge criticized the donation because of the lack of payout and transparency regulations related to donor-advised fund providers. The foundation funded photovoltaic systems helping communities affected by the Deepwater Horizon disaster in 2010 and the Fukushima earthquake in 2011. 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. Some of the Musk Foundations donations have generated controversy. His brother, Kimbal Musk, is secretary and treasurer. If you are a repeat grantee, add the Musk Foundations proportion of giving to repeat grantees to your funder score.. This is promising! The group was lobbying for improvements to the notoriously congested Interstate 405 highway that Musk uses regularly to commute from his Bel-Air home to SpaceX. Judges in the competition will evaluate the teams based upon four basic criteria: A working carbon removal prototype that can be rigorously validated and capable of removing at least 1 ton per day. (Non-profit), Natural Resources Defense Council (NRDC) Applications are now open! Funding is available to support programs related tolife-long literacy and educational equity. As [the brothers] salary at the charity was relatively modest, and the charity has plenty of other resources, you might come to the conclusion that the foundations contribution wasnt responsible for any special benefit for him.. Tesla's Elon Musk Supports A Future With Free Education For - InsideEVs Musk Foundation | Austin, TX | Cause IQ While National Day of Racial Healing mini-grants are now closed, we encourage you to continue the work of racial healing by exploring the action kits and taking action in your community. You can see by the downward trend that their giving has reduced by 50% since 2017, dropping from nearly $48 million to $23 million. Who received these awards, and where are they located? Add this where there is an evident close alignment between you and the Musk Foundation. Charitable recipients of Musk Foundation offer to encompass worldwide useful resource nonprofits along with Doctors Without Borders, healthcare businesses along with World Spine Care, and the co-instructional Mirman School for Gifted Children. This article was updated on 23 January 2019 with comment from Big Green and to clarify language about the Musk Foundations spending priorities. That more than doubles Recode's . Expenses: $582,908 Submittable is the online application portal used for grants submitted prior to April, 2022. 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. 25, Elon Musk is president of the Musk Foundation. Part VIII, Line 1. Khan admires Elon Musk's efforts and support. View a complete listing of our previous grant awards, including the organization, project, amount, and grant fund. Were making it easier for you to make a difference. Drill down into giving patterns per category. in 2016. Add this when you are a repeat grantee for the Musk Foundation. LYCEE GEN TECHNOL AGRICOLE LE PARACLET Company Profile | COTTENCHY You can read more about that in Simons article here. By using Instrumentls NTEE Codes breakdown, you can review how the Musk Foundation allocates its funds. Grant Archive - The Rockefeller Foundation Each year, we award grants that benefit education, the arts, health and human services, the environment, community development and emerging community needs. To learn more about the Community Empowerment Small Grants program, click here. The foundation said that it has donated more than $1m worth of water filtration equipment and laptops to causes in the city. The teams ability to demonstrate to the judges that their solution can economically scale to the gigaton level. Criterion #3: Add 1 point to your funder score to reflect the increase in the average grant amount given by the Musk Foundation for the past 3 years.. Use the link below to access previous applications and final grant reports. 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. According to the Musk Foundations website, the foundation makes grants in support of: Criterion #1: Add a score in the range of 1-3 to indicate how closely your nonprofit's mission aligns with the Musk Foundation.. The high point of 2012 was possibly a $10,000 donation to the Multidisciplinary Association for Psychedelic Studies (Maps), a non-profit that is developing medical therapies using marijuana and MDMA. Elon Musk, CEO of Tesla, officially opened the Hawthorne tunnel on 18 December. WIRED. Many funders concentrate their giving on specific geographic regions. 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. 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 Beginning April 2022, all applications will be submitted in the Grant Lifecycle Manager (GLM) the link is provided in each application description. Musk gave his organization 30,000 eBay shares, worth $2.1m. Performance & security by Cloudflare. 1 The brothers are the foundations sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. The Federal Aviation Administration is being sued by wildlife and environmental groups . Criterion #6: Add a score in the range of 0-3 to your funder score to indicate whether or not your organizations state has been historically represented.. No late applications will be accepted. Instead, the Musk Foundation gave $10m to another young charity, YC.org. MIT, for example, has all of their lectures online and a number of other universities do. Apply to join the directory. Human space exploration research & advocacy, Development of safe artificial intelligence to benefit humanity. Other recipients of Musk Foundation offers to encompass the National Wildlife Federation; the investment and financial sponsorship group New Venture Fund; Energy Foundation; Oxfam America; Oceana; the BlueGreen Alliance Foundation; the Tides Center; and Natural Resources Defense Council (NRDC). 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. It is a preview of Musks larger vision to ease LA traffic. TheMusk Foundationis a non-public grantmaking basis based in 2002 via way of means of generation entrepreneurElon Muskand his brother, Kimbal. Browse the listings for your next project. The foundation has given to the Mercatus Center, a libertarian think tank at George Mason and the Wikimedia Foundation, the nonprofit behind Wikipedia. Jocelyn Hines, 231.332.4118, Grant Application Overview We accept funding requests up to $25,000 year-round. 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. The best tool for finding & organizing grants, 67 reviews | High Performer status on g2.com. 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. Funding by NTEE codes is by far the most important factor to consider in funder evaluation. 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. Altman is also a director of OpenAI. Living in and out of homeless shelters as a child, one learns that its a really harsh world out there. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. (Non-profit), Sierra Club Foundation Box 341886Austin, TX United States 78734(650) 210-5300. The Foundation has donated to non-political causes, consisting of $480,000 in offers for water filtration in Flint, Michigan, and $424,000 to deliver computer systems to Flint middle schools. Since relocating to the Lonestar State, Musk has committed $10 million to support revitalization efforts for Brownsvilles downtown district and $1 million to Feeding Texas, a foodbank focused on the state. Opportunities for every child, and everyone. 2, According to its website, the Musk Foundation makes grants in support of five areas, some of which intersect with Musks business ventures: 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. But in 2016, the IRS was still processing OpenAIs non-profit status, making it impossible for the organization to receive charitable donations. Instrumentl makes it easy to connect with these insiders with its past grantees feature.. Global Green has received multiple donations, including one worth $45,980 in 2007. MUSK FOUNDATION AUSTIN, TX 78734-0032 | Tax-exempt since March 2002. . Grants for Science Research and Environment. Musk's $5.7B Mystery Donation Went to Musk Foundation: Report Strategic Grants support the focus areas of: education; community and economic development; and diversity, equity, and inclusion (read more about here: https://muskegonfoundation.org/grants/our-priorities/). 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. A minimum goal of 100 years is desired. There were For more information about Faith Partner grants click here. 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. They convinced him to give a Q&A to Hack Club members and secured a donation for the organization. With a focus on educational scholarships, study grants, and other various charitable programs. Its a win win troll. I think Elon will probably find a way to help families in need in many ways. All rights reserved. Public Safety, Disaster Preparedness & Relief receives the lowest amount of funding, with only $250,000.. 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 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. It was no different for my own mother. Despite Musks early skepticism about the severity of the COVID-19 pandemic, the foundation donated $5 million to two Boston-area researchers to further their work on the coronavirus, including for vaccines and diagnostic tools. The left-leaning newspaperthe Guardiancarried out a radical exam of the Foundations donations in a January 2019 profile. (Non-profit), People for the American Way (PFAW) Foundation 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. We catalyze change by focusing on decades-long strategic goals: Education, Community and Economic Development, and Diversity, Equity, and Inclusion. 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. The final criteria is the length of time that the removed carbon is locked up for. These grants are designed to empower organizations that may not yet have a 501(c)(3) status but seek support to foster change across our county. 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. Im planning to increase childcare benefits at my companies significantly. Grants will go directly to the church, however collaboration with schools and other nonprofits doing similar work is strongly encouraged. Musks solar power company Solar City (now part of Tesla) participated in both installations. You can reach him on Twitter @IqtidarAlii, I have an energy idea, with an equation, that could possibly have unlimited power potential. Get personalized grant recommendations, tracking and more. 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. Birth Defects & Genetic Diseases Research, Community Improvement & Capacity Building. Tesla and SpaceX CEOElon Muskis the only funder of the Musk Foundation and has donated at least $257 million to the organization. Here's how to apply and win Elon Musk's $100M carbon capture technology The time is right for a new form of energy. They received no compensation from the Foundation in 2016. Most recorded awards totalled just a few thousand dollars, and many went to environmental, educational, medical and space advocacy organizations. 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. The objective of this XPRIZE is to inspire and help scale efficient solutions to collectively achieve the 10 gigatons per year carbon removal target by 2050, to help fight climate change and restore the Earths carbon balance. Musk had started organizing his charity givings more than a decade earlier. MUSC Family Fund Grant Application Grant cycle for 2020-2021 Family Fund has been postponed Applications are due by 5:00 pm on May 29, 2020. Notice: The Internal Revenue Service (IRS) is delayed in releasing 990 filings from 2021 and 2022. Contrary to popular belief, nonprofits are welcome to engage innonpartisanefforts to get out the vote! Musk Foundation: Employer Identification Number (EIN) 770587507: Name of Organization: Musk Foundation: In Care of Name: . All Rights Reserved. Disclaimer: Not affiliated or officially linked with Tesla Inc. in any way. According to its website, the Musk Foundation makes grants in support of five areas, some of which intersect with Musk's business ventures: "renewable energy research and advocacy," "human space exploration research and advocacy," "pediatric research," "science and engineering education," and "development of safe artificial intelligence to Elon said the foundation would help families directly and this could mean a variety of things. Elon Musk's foundation gives $5M to Beth Israel Lahey Health, Ragon UNFCU Foundation Opens 2024 Grant Window for Organizations Championing If youd like to get matched to similar funders to Musk Foundation, create a free Instrumentl account. Grantseekers may have more success getting Musks attention by tweeting at him, which has worked in the past. Sign up for our email updates. 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. BISD receives $2.5 million from Musk Foundation for learning - KVEO-TV 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. Sing. For more information and access to the action kits, visit https://healourcommunities.org/day-of-racial-healing/. All acquired investment in 2011 totaling $19,200, $7,200, and $2,500, respectively. The Musk Foundation supports organizations which push a left-of-center agenda, particularly environmentalist organizations. How do you do that, you ask? On January 17, 2023, we asked community members to join us in celebrating the National Day of Racial Healing. The McKesson Foundation accepts applications for funding requests above $25,000 February 1 through April 30 each year. Add this when the Musk Foundation's funding for your niche is greater than your desired amount. Elon Musk-Backed Non-Profit Offered $100K Grant to 'Pro-Nazi' Media Outlet Sign up now: https://t.co/TwLkS3FR31@PeterDiamandis@AnoushehAnsari #environment pic.twitter.com/hRrRIqaM7z. While initially off to a slow start, Musk's philanthropy has undergone a sudden acceleration, giving away around $5.7 billion in 2021. By mid 2015, the Musk Foundation was down to its last $60,000. Total revenues $16,600,467 2020 20162017201820192020$0$0.2b Total expenses $23,665,728 2020 20162017201820192020$0$20m$40m Total assets $11,903,899 2020 UNFCU Foundation Opens 2024 Grant Window for Organizations Championing Sustainable Development for Women and Youth The UNFCU Foundation announced that it is now accepting grant. All received funding in 2011 totaling $19,200, $7,200, and $2,500, respectively. (Non-profit), BlueGreen Alliance Foundation Elon Musk made one of the biggest donations to a charity in history with a November gift of $5.7 billion in Tesla shares. A few weeks ago Tesla/SpaceX CEO Elon Musk announced on Twitter that he is donating $100M for innovating the best carbon capture technology. 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.
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