The charity lacks a website or social media presence but its stated aim is making grants to other 501(c)3 initiatives and activities that are trying to solve the worlds problems. By using Instrumentls NTEE Codes breakdown, you can review how the Musk Foundation allocates its funds. His brother, Kimbal Musk, is secretary and treasurer. The best Tesla, SpaceX, and Elon Musk news resource. Artists for Peace and Justice received $129,708. Or its like a very low bandwidth and its insanely expensive. Last summer, Musk tweeted that he would help address the public health crisis in Flint, Michigan. In 2015, the foundation donated $10 million to the Future of Life Institute, which works on reducing global catastrophic and existential risk from powerful technologies. On January 21, 2021, Musk announced, via a tweet, that he is donating $100M towards a prize for best carbon capture technology. According to XPRIZE Foundation, which is running the competition, the Innovation Prize will run for four years, from April 22, 2021 (Earth Day) through Earth Day 2025. Funding is available to support programs related tolife-long literacy and educational equity. If the answer is no, dont worry! Read All About It! Musk's Philanthropy Deserves Headlines 6 Drew Millard of the Outline wrote in 2018 that the timing of the donation allowed Musk to avoid taxes and to avoid ceding shares to his second wife, who filed for divorce in the spring of 2016. Musk Foundation | Foundation Directory | Candid The article clarified that none of the payments were illegal, and cited charity experts who said that many were within charitable norms. 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. Thats ok! Expenses: $582,908 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. Energy Resources Conservation & Development, International, Foreign Affairs & National Security, Natural Resources Conservation & Protection, Philanthropy, Voluntarism & Grantmaking Foundations. Open AIs tax filings show its top researcher alone was paid $1.9m in 2016. Lets go! 23, The left-leaning newspaper the Guardian conducted a thorough examination of the Foundations donations in a January 2019 profile. Musk later started his own not-for-profit school, Ad Astra, located within SpaceX headquarters in Hawthorne, California, which his children now attend. On January 17, 2023, we asked community members to join us in celebrating the National Day of Racial Healing. The Legacy Foundation of Central Wisconsin is a private foundation that exists to improve the health and well-being of central Wisconsins communities. Part VIII, Line 1. in 2017. Elon Musk Scholarships 2023 Fully Funded, Abroad, Grants Sing. The entire website of Elon Musks private charitable foundation is shorter than many of the Tesla CEOs contentious tweets. Grants for Science Research and Environment. They acquired no repayment from the Foundation in 2016. By mid 2015, the Musk Foundation was down to its last $60,000. Our Youth Advisory Council (YAC) invites school district employees to apply for mini-grants to help them out in the classroom. Who received these awards, and where are they located? 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. Public Safety, Disaster Preparedness & Relief, Research Institutes & Public Policy Analysis, Voluntary Health Associations & Medical Disciplines, Water Resources, Wetlands Conservation & Management. But should you pursue their grants? Even the foundation giving money to Big Green, which in turn paid Kimbal, may not be problematic. Elons Empire: The Sprawling, Intertwining Web of Elon Musks Vested Interests. WIRED. 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.. Open AI's tax filings show. Find out funders interests by seeing their top giving categories. Please share the work youre doing with your network, using the hashtag #WatchMuskegonVote on social media. Musk has long worried about the possibilities of superhuman, malevolent artificial intelligence, likening it to summoning the demon. Each year, we award grants that benefit education, the arts, health and human services, the environment, community development and emerging community needs. Awards will be paid directly to the church and a final grant report will be required. Also, Musk Foundation plans to donate directly to families. Looking at tax records, it is easy to see this represented in grants the foundation has made. A technology capable of making a truly measurable impact is what Musk and XPRIZE tea is looking for. Its website is minimal and does not provide a clear way to contact either Elon Musk or Jared Birchall, treasurer of the foundation and the only other known staff member other than Musk himself. We should never judge people over the situations they find themselves in.