Musk Foundation
Preselected recipients only
Musk Foundation is a private foundation in Austin, Texas. In tax year 2024 it gave $474 million in 55 grants; the typical grant was $1.0 million and the largest $206 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$474 million
- Number of grants55
- Typical grant$1.0 million
- Largest grant$206 million
- Assets$15 billion
- New grantees77%
Giving in 2024 was up from $237 million the year before.
77% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $237 million | 43 | $9.5 billion |
| 2024 | $474 million | 55 | $15 billion |
How to apply
Musk Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Musk Foundation funds
Where it gives
Its grants went to recipients in 20 states, the most to Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 17 | $391 million |
| Ohio | 2 | $35.0 million |
| California | 12 | $20.1 million |
| Missouri | 2 | $7.0 million |
| Maryland | 1 | $3.3 million |
| Washington | 2 | $2.7 million |
| New York | 2 | $2.4 million |
| Louisiana | 1 | $2.4 million |
| Massachusetts | 3 | $2.3 million |
| Virginia | 2 | $1.5 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Foundation - See Attachment A | Support school operations and programs | $206 million |
| The Foundation - See Attachment A | Support school operations and programs | $149 million |
| Fidelity Charitable | Support of public charities | $25.0 million |
| The Foundation - See Attachment A | Support school operations and programs | $15.0 million |
| Fidelity Charitable - See Attachment A | Support of public charities | $10.0 million |
| Baylor Scott & White Healthcare | Support health initiatives | $7.2 million |
| X Prize Foundation Inc | Support technological development for carbon removal | $5.5 million |
| Austin Habitat for Humanity | Support affordable housing and community development | $5.0 million |
| The Seton Fund | Support health intiatives | $5.0 million |
| Windward School | Support school operations and programs | $5.0 million |
| Digital Harbor Foundation | Support STEM education and digital literacy for youth | $3.3 million |
| The University of Texas at Austin | Support university operations and programs | $3.3 million |
| The St Bernard Project Inc | Support disaster relief | $2.4 million |
| Codeorg | Support access to and participation in computer science in schools | $2.1 million |
| Scroll Prize Inc | Support coding education | $2.1 million |
| Team Rubicon | Support humanitarian and conventional aid responses | $2.0 million |
| Operation BBQ Relief | Support disaster relief through meals | $2.0 million |
| Hack Foundation | Support coding education | $1.8 million |
| Massachusetts Institute of Technology | Support research programs | $1.5 million |
| Givedirectly Inc | Support financial aid for families living in poverty | $1.4 million |
| Mercy Chefs Inc | Support disaster relief through meals | $1.3 million |
| Feeding America | Support hunger relief and food distribution | $1.3 million |
| The Trail Foundation | Support protection of the butler trail | $1.1 million |
| Scholarship America Inc | Support educational scholarships and student financial assistance | $1.1 million |
| America Institute for Roman Culture Inc | Support historical research and cultural preservation | $1.0 million |
| European Jewish Association | Support advocacy, education, and cultural initiatives for jewish communities | $1.0 million |
| Healthcare Ready | Support emergency preparedness and health crisis response | $1.0 million |
| Penn Harris Madison School Corporation | Support educational programs and student learning initiatives | $1.0 million |
| Prostate Cancer Foundation | Support research, awareness, and treatment for prostate cancer | $1.0 million |
| Samaritans Purse | Support international disaster relief and humanitarian aid programs | $1.0 million |
| BABY2BABY | Support providing essential items to low-income families | $930,000 |
| Morgan's Inclusion Initiative | Support programs promoting accessibility, inclusion, and opportunities | $810,000 |
| Uc Santa Barbara Foundation | Support higher education, research, and student programs | $795,000 |
| Holocaust Museum la Operation | Support holocaust education and remembrance programs | $730,472 |
| Partners in Health | Support global health accessibility | $690,000 |
| Seattle Children's Hospital Aaron Matthew Sids Research Guild | Support sids research | $550,000 |
| Information Technology Disaster Resource Center Inc | Support volunteer coordination for disaster response | $506,000 |
| Make-A-Wish Foundation of America | Support granting wishes for children with critical illnesses | $500,000 |
| The Definity Project Inc | Support education initiatives | $500,000 |
| Minuteman Disaster Response Foundation | Support volunteer deployment for disaster relief and recovery | $499,000 |
Officers and trustees
- Elon Musk
- Jared Birchall
- Matilda Simon
Questions people ask
Does Musk Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Musk Foundation give?
$474 million in tax year 2024, across 55 grants, with a typical grant of $1.0 million.
Who runs Musk Foundation?
Its 2024 filing lists Elon Musk (President & Director), Jared Birchall (Secretary & Treasurer & Director) and Matilda Simon (Director).
What does Musk Foundation fund?
Based on its grants, mainly education, health and human services.