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. 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. Open AIs tax filings show its top researcher alone was paid $1.9m in 2016. For more information about Faith Partner grants click here. The $100M XPRIZE Carbon Removal is now LIVE. Musk Foundation in Los Angeles, California (CA) Looking at the map below, you can see that the Musk Foundation has funded projects across much of the United States.. Through Instrumentl, I was able to accomplish in 6 hoursSIX HOURSwhat would have taken days or weeks with [another] search engine.. This day, launched by the W.K. At the time, it was just an announcement, now further details and how to apply for the grant have emerged. BCIC is proud to have a program that is open and inclusive to all business owners who dream of having their product or service in the 2nd most historic downtown district in Texas. A lot of it comes down to spending habits of the parents as well. Elon Musk's $150 million charity spending spree - Vox 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. Instrumentl pulls the funders key financial information from their 990 forms and displays them in easy-to-read bar graphs. The website of Elon Musks private charitable foundation. After reading through all this information, you may have decided that the Musk Foundation isnt a great fit for your project or organization. How do you do that, you ask? Haitian Relief Organization acquired $61,370. Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Grants will go directly to the church, however collaboration with schools and other nonprofits doing similar work is strongly encouraged. This year, he promised to donate $30 million to Brownsville, Texas, the city nearest to a massive rocket hub run by his company SpaceX,. Elon Musk Foundation - Facebook Cloudflare Ray ID: 7c0be23f1859007a He also tweeted that he is increasing childcare benefits at his companies and hopes that other companies follow suit. 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. The Musk Foundation suddenly had to find a home for millions of dollars. in 2017. 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. 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 . Why is this information so important? Lets keep digginglooking at the foundations giving average can also provide some valuable insights.. Every gift makes a difference. Add this when your state is sparsely represented - shaded in light purple - among past grantees. Submittable is the online application portal used for grants submitted prior to April, 2022. Haitian Relief Organization received $61,370. If you are a repeat grantee, add the Musk Foundations proportion of giving to repeat grantees to your funder score.. Some have benefited the billionaires own initiatives and, indirectly, his family, while others have tackled his pet peeves the foundation has given more money to artificial intelligence research than to any of the more traditional charities it says it supports. However, a mailing address and telephone number, both culled from tax records, are provided below. IP TAKE: It is difficult to take this foundations website seriously as anything other than a way for its founder to troll grantseekers. There are billions of people who have no internet connectivity at allnothing. Education receives the highest amount of funding, with $1.1 million. in 2020. Final Grant Report Evaluation Sheet Elon Musk's foundation gives $5M to Beth Israel Lahey Health, Ragon Kimbal Musk launched Kitchen Community, a Colorado-based charity, with the help of his brother, Elon. Human space exploration research & advocacy, Development of safe artificial intelligence to benefit humanity. 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. 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 turned to one of his passions, and his connections in Silicon Valley. 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 Want updates when Musk Foundation has new information, or want to find more organizations like Musk Foundation? As a result, its not transparent or approachable. Revenue: $600,158 Elon Musk made one of the biggest donations to a charity in history with a November gift of $5.7 billion in Tesla shares. The list of its recipients grew longer and began to feature more organizations with links to Musks own family and interests. Box 341886Austin, TX United States 78734(650) 210-5300. The Musk Foundation plans to donate directly to families - TESLARATI One thing I know for sure is that Elon will make sure the money is well spent and does the most good. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. BROWNSVILLE, Texas (ValleyCentral) On Wednesday, Brownsville Independent School District announced a $2.5 million donation from the Elon Musk Foundation . 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. (Non-profit), BlueGreen Alliance Foundation Beginning April 2022, all applications will be submitted in the Grant Lifecycle Manager (GLM) the link is provided in each application description. This day is observed the Tuesday after Martin Luther King Jr. Day. See a snapshot over the past three years or dive into individual awards. Add this when your state is represented more heavily - shaded in darker purple - among past grantees. The foundation said that it has donated more than $1m worth of water filtration equipment and laptops to causes in the city. The Musk Foundation supports organizations which push a left-of-center agenda, particularly environmentalist organizations. They received no compensation from the Foundation in 2016. XPRIZE web page for Elon Musks $100M donation details the following key points that can help a team win the prize. Awards will be paid directly to the church and a final grant report will be required. Read All About It! Musk's Philanthropy Deserves Headlines Bryant Scientist Christopher Reid secures University's first Engaging Muskegon County residents in voting strengthens our communitys voice. We catalyze change by focusing on decades-long strategic goals: Education, Community and Economic Development, and Diversity, Equity, and Inclusion. The article clarified that none of the payments were illegal, and cited charity experts who said that many were within charitable norms. The Musk Foundation is a non-public grantmaking basis based in 2002 via way of means of generation entrepreneur Elon Musk and his brother, Kimbal. By mid 2015, the Musk Foundation was down to its last $60,000. This is hilarious. Provide a grant to an individual for travel, study, or other similar purposes? Whether its a new idea or that little extra you need to make your lesson plans great, you can brighten your classroom with help from the YAC. Musk gave his organization 30,000 eBay shares, worth $2.1m. Making higher education more accessible for hundreds of area students is an investment in the future of our youth and our community. Please note that the foundation never charges a fee in connection with its grants. All received funding in 2011 totaling $19,200, $7,200, and $2,500, respectively. Musk Foundation. On Wednesday, the foundation added aline to its website, stating its support for the development of safe artificial intelligence to benefit humanity. Another key contributor to poverty is the lack of financial literacy. The entire website of Elon Musks private charitable foundation is shorter than many of the Tesla CEOs contentious tweets. Copyright TESLARATI. 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 final criteria is the length of time that the removed carbon is locked up for. This organization did not e-file for 2018 2019, so Instrumentl is unable to provide 990 insights. If it was possible he would already have an idea for how to make it work. The solutions presented by the participating teams will also have to be scalable and cost-effective in order to win the grant, says XPRIZE. The Musk Foundation has disbursed more than $54m in 15 years of operations, more than a third in direct gifts to 160 charities, according to an analysis of filings with the Internal Revenue Services from its incorporation in 2001 to the middle of 2017. All Rights Reserved. Check out IPs directory of philanthropy and fundraising consultants. These days you can learn almost anything online. (Non-profit), Oxfam America There are individuals using Ford's name without authorization suggesting that funds are forthcoming if they pay a fee. Most recorded awards totalled just a few thousand dollars, and many went to environmental, educational, medical and space advocacy organizations. Also in 2016, the Musk Foundation made its largest disbursement to date, giving $37.8m to Vanguard Charitable. All rights reserved. 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. Musk Foundation | Austin, TX | Instrumentl The Musk Foundation's grant accounted for the majority of YC.org's revenue, and almost all of its own funding, when it passed along $10m to OpenAI later that year. We award over $1.3 million in scholarships to hundreds of students each year. This website is using a security service to protect itself from online attacks. Additionally, teenagers in their schools computer club successfully reached Musk after finding his contact information in public records. None of Musks charitable decisions are particularly uncommon for a billionaires private foundation, said Harvey Dale, director of the National Center on Philanthropy and the Law at New York University. Many wealthy individuals fund their childrens schools, and support their own charities and initiatives, he explained. 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). If anyone hears this message and is interested I would like to introduce me and my idea. Also in 2010, the foundation spent $183,000 to help launch Kitchen Community, a Colorado-based charity headed by Kimbal that used learning gardens in underserved areas to help children grow and prepare fresh food. Musks solar power company Solar City (now part of Tesla) participated in both installations. The Man is engulfed in flames at the 2017 Burning Man festival in the Black Rock desert of Nevada. Add this when you are a repeat grantee for the Musk Foundation. Public Safety, Disaster Preparedness & Relief receives the lowest amount of funding, with only $250,000. (Non-profit), Energy Foundation 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.. All acquired investment in 2011 totaling $19,200, $7,200, and $2,500, respectively. Nonprofits often have connections to communities that may be underrepresented at the polls and are trusted sources of information. Timing seems to be good now. 26. 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.. Add this when you are a new grantee for the Musk Foundation. 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. Sign up for our email updates. 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. (Non-profit). Our grants / Ford Foundation (Non-profit), Global Green USA In fact, the foundations website consists of only 38 words, listing its funding interests. (Non-profit), People for the American Way (PFAW) Foundation With a focus on educational scholarships, study grants, and other various charitable programs. Also, Musk Foundation plans to donate directly to families. Tax paid with application for extension of time to file (Form 8868) $7,000: $0: $0: Backup withholding erroneously withheld: $0: $0: $0: . These messages are fraudulent. Elon Musk's $5.7 Billion Donation Sparks Questions About Giving After having added up all the scores throughout the article, you can use our scoring breakdown to conclude if the Musk Foundation is a good fit for your organization. There were By supporting projects that reflect the needs and diversity of our region, we work to create positive change throughout our shared community. by creating a free 14-day account. on Heres how to apply and win Elon Musks $100M carbon capture technology prize, Tesla buys $1.5B in Bitcoin Musk shares his views on the cryptocurrency future, Elon Musk buys some Dogecoin for his son X A-Xii, shares cute video of baby X, $100M for innovating the best carbon capture technology, Lone Tesla owner returns to a blocked Supercharger by bikers as he gets back to his car after a charging break, Tesla software update 2023.12.1.1 comes with new features like Scroll Wheel Customization, Zoom Meetings, Text Size, and more (Release Notes), Tesla offers a cheaper China-made Model Y RWD in Canada thats eligible for the CA$5,000 iZEV incentive, Elon Musk meets the South Korean President to discuss plans for the next Asia-Pacific Tesla Gigafactory, Armed suspects try to flee a police pursuit after jacking a Tesla Model 3 in Miami, Florida (videos). 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. Form 990s provide critical insight to know if a foundation is a good match for you or your organization. Such giving from Musk and the Musk Foundation may be accelerated in the years ahead. Instrumentls 990 pages will be updated automatically as soon as the IRS releases this information. Teacher Mini-Grants Our Youth Advisory Council (YAC) invites school district employees to apply for mini-grants to help them out in the classroom. Make sure to round your cumulative score to the nearest 10th. Create your free Instrumentl account today to explore and vet more foundations and get matched with 100+ relevant grants! A few weeks ago Tesla/SpaceX CEO Elon Musk announced on Twitter that he is donating $100M for innovating the best carbon capture technology. Musk Foundation - InfluenceWatch - InfluenceWatch Lets exit the fossil fuel era. Musk also donated $50 million to the childrens charity St Jude in honor of the successful SpaceX flight in September 2021. 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.. We give grants to 501(c)(3) organizations, churches, schools, agencies, and governmental units serving the greater Muskegon County area. Funded by @elonmusk, its the largest in history. MUSC Family Fund Grant Application | Giving to MUSC Foundation Tesla Owners Silicon Valley (@teslaownersSV) July 8, 2022. Elon Musk Scholarships 2023 Fully Funded. Organizations that have received funding from the Musk Foundation in the past are well-equipped to give you guidance and insights about how to get your project funded. Elon Musk gave away $5.7 billion in Tesla shares to his charity foundation last year, Bloomberg reported. Assets: $57,371, The Musk Foundation is a private grantmaking foundation founded in 2002 by technology entrepreneur Elon Musk and his brother, Kimbal. Or its like a very low bandwidth and its insanely expensive. For example, the average grant amount for Adult Education projects is $1 million, while the average amount for Educational Services is only $2,500. 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. 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. Grantee Media Kit. Starting in 2020, e-filings are required. All rights reserved. We have a list of similar funders that may be better fitjust keep reading! Hopefully, details to be announced next month. The gift was revealed earlier this year, but Musk did not name the charity receiving. Its not too late to use human creativity, innovation, and competition to rewrite our history and create a better future for all of us on this planet we call home. Accessed May 30, 2018. http://www.wired.co.uk/article/elon-musk-tesla-spacex-empire. 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. Musk has also supported Republican candidates for Congress and the Presidency. 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. 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. 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. Get personalized grant recommendations, tracking and more. Lets also take a look at the number of grants awarded by the foundation.. The foundation does not accept unsolicited proposals or requests for funding. The Musk Foundation starts releasing portions of Tesla CEO's $30M If the answer is no, dont worry! Applications will open in the fall of 2023, check back then! [16] In 2018, a spokesperson for Musk announced that Musk had donated $6 million to the environmental group the Sierra Club, and wanted the donation to be made public by the environmentalist organization. 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. As you can see, the foundations giving average was pretty consistent from 2012 to 2016, but experienced a huge increase in 2017, jumping from just over $10,000 to over $23 million! 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. We are working on providing unlimited resources that will answer and guide our readers on related topics but not limited to: 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. LYCEE GEN TECHNOL AGRICOLE LE PARACLET Company Profile | COTTENCHY Over just the first four months of 2021, Musk has committed almost $150 million directly to charities, according to Recode reporting and public announcements. Part VIII, Line 1. The Musk Foundation has made small contributions to a handful of right-of-middle nonprofits. We are working on providing unlimited resources that will answer and guide our readers on related topics but not limited to: https://www.influencewatch.org/non-profit/musk-foundation/. 2 awards Not good news! Grants through the Musk Foundation range from $1,000 to $100 million; however, the most common amount is a modest $10,000. Disclaimer: Not affiliated or officially linked with Tesla Inc. in any way. Who received these awards, and where are they located? 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. Musk Foundation: Should You Pursue Their Grants? | Instrumentl Musk Foundation - Nonprofit Explorer - ProPublica While the foundations average grant amount has increased overall in the past three years, you can see from the graph that there really isnt a stable trendso keep that in mind when using these funding insights to evaluate your funder fit. 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. See key stats such as the most common award size, min/max, and more. The teams ability to demonstrate to the judges that their solution can economically scale to the gigaton level. The Musk Foundation is a corporate foundation that made 10 grants last year. Where your heart leads, your giving can follow. We are very honored and appreciative of the Musk foundation for supporting BIG and helping to amplify opportunities for those within our community." Apply to join the directory. Something went wrong while submitting the form. This is promising! Thats ok! 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. Were dedicated to giving voice and resources to programs that make an impact and enhance the quality of life for people throughout Muskegon County. According to local news, the Musk Foundation gave $459,000 to IDEA schools in Cameron County on April 19, 2021. As with many other of his achievements, Musk has publicly touted his charitable activities, whether during the Flint water crisis or amid international efforts to rescue a young soccer team trapped in a Thai cave. Form 990 is a US IRS form that provides the public with financial information about nonprofits, including charitable foundations.
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