This is where Instrumentl comes in! Making higher education more accessible for hundreds of area students is an investment in the future of our youth and our community. Opportunities for every child, and everyone. 2023 Nonprofit Metrics LLCTerms of Service and Privacy Policy. Cloudflare Ray ID: 7c0be23f1859007a 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. (Non-profit), Natural Resources Defense Council (NRDC) Instrumentl pulls the funders key financial information from their 990 forms and displays them in easy-to-read bar graphs. TheSierra Club Foundation acquired $250,000 in 2014. 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 His brother, Kimbal Musk, is secretary and treasurer. This day is observed the Tuesday after Martin Luther King Jr. Day. Add this when there is little to no understanding of the alignment between you and the Musk Foundation. However, a mailing address and telephone number, both culled from tax records, are provided below. Hes absolutely correct in this respect. 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. They received no compensation from the Foundation in 2016. 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. Following publication of this article, a spokesman for the charity said Kimbal personally donated $130,000 to Big Green. By now, you should have an idea of whether the Musk Foundation may be a good-fit funder for your project. in 2017. MEET THE TEAMS Filter Teams The Kitchen Restaurant Group, a family of restaurants primarily owned by Kimbal, donated hundreds of thousands of dollars to the organization, the spokesman added. Criterion #2: Deduct 0.5 points from your funder score to reflect the Musk Foundations negative giving trend for the last 3 years., Total giving is important, but its just one piece of the puzzle. Open AI's tax filings show. The Musk Foundation was founded in 2002 by famous technology entrepreneur Elon Musk. Education receives the highest amount of funding, with $1.1 million. 10 awards 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 doesnt provide much information or provide a method of contact. 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. We catalyze change by focusing on decades-long strategic goals: Education, Community and Economic Development, and Diversity, Equity, and Inclusion. One thing I know for sure is that Elon will make sure the money is well spent and does the most good. [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. You can reach him on Twitter @IqtidarAlii, I have an energy idea, with an equation, that could possibly have unlimited power potential. His brother, Kimbal Musk, is secretary and treasurer. As executive director and chairman of the project, Kimbal received nearly $85,000 in payments by Big Green between 2010 and 2016. But should you pursue their grants? That more than doubles Recode's . We are working on providing unlimited resources that will answer and guide our readers on related topics but not limited to: Who received these awards, and where are they located? This is a good indicator that the Musk Foundation will continue to be open to new grantees in years to come. I dont know but Elon Musk said on Twitter that hopefully, details would be released next month. Another key contributor to poverty is the lack of financial literacy. I think Elon will probably find a way to help families in need in many ways. OVERVIEW: The Musk Foundation is the personal philanthropic organization of Elon Musk. This article was updated on 23 January 2019 with comment from Big Green and to clarify language about the Musk Foundations spending priorities. Each category is broken down into subcategories. Add this when your state is sparsely represented - shaded in light purple - among past grantees. Community Empowerment Small Grants (CESGs) are tools provided by the Community Foundation to build a vibrant community with great opportunities for all. 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 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. Its not against the law Dale noted. 25, Elon Musk is president of the Musk Foundation. Their insider tips may not be public knowledge and may help you increase your likelihood of getting funded. Easily see the range of award sizes given over time. These are: Renewable energy research and advocacy; Human space exploration research and advocacy; Pediatric research; Science and engineering education; Development of safe artificial intelligence to benefit humanity.. For many parts of the world, this is the casebillions of people., So I think those things are helpful. It is supported by Elon Musk and located in Austin, TX. He also tweeted that he is increasing childcare benefits at his companies and hopes that other companies follow suit. This is promising! 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. The huge influx of funds came with its own issues. But should you pursue their grants? Its a win win troll. Grants will go directly to the church, however collaboration with schools and other nonprofits doing similar work is strongly encouraged. But, if Musk continues to use Vanguard, it would make his already secretive foundation even less transparent in future years. Find out funders interests by seeing their top giving categories. 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. However, 2020 saw a significant decrease in the giving average, with the amount falling down to $2.3 million. There were Was Elon Musk a scholar? 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. The brothers are the basiss sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. According to local news, the Musk Foundation gave $459,000 to IDEA schools in Cameron County on April 19, 2021. He is the richest man in the world. If it was possible he would already have an idea for how to make it work. TheMusk Foundationis a non-public grantmaking basis based in 2002 via way of means of generation entrepreneurElon Muskand his brother, Kimbal. 38 awards Some examples of recent church partner grantees that have integrated literacy into their church programs: The application will be reviewed at the end of each month, and grants will be awarded the following month. Get the latest business insights from Dun & Bradstreet. 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. 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/. Want updates when Musk Foundation has new information, or want to find more organizations like Musk Foundation? All grants will be reviewed after the deadline. 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. Energy Resources Conservation & Development, International, Foreign Affairs & National Security, Natural Resources Conservation & Protection, Philanthropy, Voluntarism & Grantmaking Foundations. The Youth Advisory Council of Muskegon County (YAC) is a collective of 20+ youth grantmakers who represent 16 Muskegon-area high schools. 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. Additionally, teenagers in their schools computer club successfully reached Musk after finding his contact information in public records. 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. (Non-profit). Available for fiscal year 2015 and later. Get personalized grant recommendations, tracking and more. It also made three $25,000 payments to a tiny pressure group called Angelenos Against Gridlock. Teacher Mini-Grants Our Youth Advisory Council (YAC) invites school district employees to apply for mini-grants to help them out in the classroom. Perhaps creative methods of reaching out will work again. Expenses: $582,908 Phew! 51.38.238.251 Kids are worth it if at all possible. However, before you invest your time and energy into submitting a proposal to the foundation, you should determine if your project is a good fit for their focus. 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. Grant Visualizer: Musk Foundation. Foundation Search. Communicate your ideas and projects with us at grants@muskegonfoundation.org we want to share your great ideas! All acquired investment in 2011 totaling $19,200, $7,200, and $2,500, respectively. 15 16 17, Other explicitly left-wing organizations which have received funding are the William J. Clinton Foundation, People for the American Way Foundation, and Transgender Law Center. BROWNSVILLE, Texas (ValleyCentral) On Wednesday, Brownsville Independent School District announced a $2.5 million donation from the Elon Musk Foundation . We award over $1.3 million in scholarships to hundreds of students each year. You can discover whether you and the Musk Foundation are a good fit by looking at some key statistics in their 990 data. 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. You can see by the downward trend that their giving has reduced by 50% since 2017, dropping from nearly $48 million to $23 million. There were They acquired no repayment from the Foundation in 2016. 3 awards Find company research, competitor information, contact details & financial data for LYCEE GEN TECHNOL AGRICOLE LE PARACLET of COTTENCHY, HAUTS DE FRANCE. http://www.wired.co.uk/article/elon-musk-tesla-spacex-empire, https://www.documentcloud.org/documents/5684176-2015-990.html, https://theoutline.com/post/5707/elon-musk-has-a-quarter-billion-dollars-of-tesla-shares-parked-in-a-non-profit, https://www.apnews.com/0375b52ee079460d8f1bb29799545a8d, https://www.documentcloud.org/documents/5684173-2012-990.html, https://www.documentcloud.org/documents/5684172-2011-990.html, https://www.citizenaudit.org/organization/770587507, https://www.savethechildren.org/us/search-results?googlecse=abortion#gsc.tab=0&gsc.q=abortion&gsc.page=1, https://www.documentcloud.org/documents/5684181-2005-990.html, https://nonprofitquarterly.org/2019/01/31/elon-musks-foundation-gives-37-8m-to-donor-advised-fund/, https://www.theguardian.com/technology/2019/jan/23/how-elon-musks-secretive-foundation-benefits-his-own-family, Bill, Hillary, and Chelsea Clinton Foundation 26. 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 fact, the foundations website consists of only 38 words, listing its funding interests. But in 2016, the IRS was still processing OpenAIs non-profit status, making it impossible for the organization to receive charitable donations.

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