If the answer is no, dont worry! 3 awards Grantee Media Kit. The article clarified that none of the payments were illegal, and cited charity experts who said that many were within charitable norms. 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. Last summer, Musk tweeted that he would help address the public health crisis in Flint, Michigan. Communicate your ideas and projects with us at grants@muskegonfoundation.org we want to share your great ideas! Musk grew up in South Africa but moved to Canada at the age of 17 after obtaining citizenship through his mother. 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. Browse the listings for your next project. Haitian Relief Organization acquired $61,370. I grew up in poverty and Ive been pretty fortunate. There were All grants will be reviewed after the deadline. These messages are fraudulent. Accessed May 30, 2018. http://www.wired.co.uk/article/elon-musk-tesla-spacex-empire. 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. 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. Elon Musk reported that he gifted almost $6 billion worth of Tesla Inc . The foundation funded photovoltaic systems helping communities affected by the Deepwater Horizon disaster in 2010 and the Fukushima earthquake in 2011. Disclaimer: Not affiliated or officially linked with Tesla Inc. in any way. Its incredibly important to evaluate funder fit before you spend time applying for grants. Many funders tend to unequally split their budget between different funding purposes and categories. The libertarian assumes tank Cato Institute acquired $5,000 in 2007. Tax rules state that private foundations must distribute 5% of their assets each year. IV held on to this idea for 16years. Perhaps creative methods of reaching out will work again. The brothers are the basis's sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. XPRIZE web page for Elon Musks $100M donation details the following key points that can help a team win the prize. Rememberthese are just two metrics that we will consider as we evaluate funder fit. 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. In early 2021, Musk pledged $20 million to local schools in South Texas Rio Grande Valley as part of a total $30 million commitment to the area. Teacher Mini-Grants Our Youth Advisory Council (YAC) invites school district employees to apply for mini-grants to help them out in the classroom. For a complete list of 2022 grantees, please click here. Elon Musk made one of the biggest donations to a charity in history with a November gift of $5.7 billion in Tesla shares. OVERVIEW: The Musk Foundation is the personal philanthropic organization of Elon Musk. It is a preview of Musks larger vision to ease LA traffic. It also donated to the UNICEF Giga Connect initiative to help bring the internet to schools in low-income and developing countries, and to Hack Club, a nonprofit that supports student-led coding clubs. 12 13. 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. Part VIII, Line 1. For example, the average grant amount for Adult Education projects is $1 million, while the average amount for Educational Services is only $2,500. 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. But the bulk of his charitable giving has been through this private foundation, for which he provides the entirety of its funding. Funded by @elonmusk, its the largest in history. Submittable is the online application portal used for grants submitted prior to April, 2022. Musk Foundation. Advancing justice starts with supporting the individuals . 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. 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. Past giving is by far the best indicator of future giving!. With such a famous name, the Musk Foundation may be an intriguing prospect for your grant writing. 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.. Musk signed a pledge last year promising to give away half of his fortune, and was recently named the richest . Thank you! Committee grants will open January 1, 2023. Provide a grant to an individual for travel, study, or other similar purposes? The brothers are the basiss sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. Each category is broken down into subcategories. 23, The left-leaning newspaper the Guardian conducted a thorough examination of the Foundations donations in a January 2019 profile. 2020 Family Fund Grant Application Yes, I have read and reviewed the MUSC Foundation guidelines on allowable/unallowable expenses as defined by the Foundation. 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. in 2020. 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 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. 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. 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. Each category is broken down into subcategories. Grants are available in the two month prior to primary and general elections. 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. The application period has closed. Musk who controls Tesla, SpaceX and The Boring Company is worth an estimated $22bn, although almost all his wealth is tied up in his own companies. (outreach event). Education is something that is important to him. TheMusk Foundationis a non-public grantmaking basis based in 2002 via way of means of generation entrepreneurElon Muskand his brother, Kimbal. Starting in 2020, e-filings are required. Why is this information so important? The organization did not initially respond to a request for comment. 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. Artists for Peace and Justice acquired $129,708. As you can see above, the Musk Foundations giving history has been inconsistent over the last 5 years. The best tool for finding & organizing grants, 67 reviews | High Performer status on g2.com. 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). 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. The best Tesla, SpaceX, and Elon Musk news resource. He also reminded me in our interview that we need to think beyond the United States when talking about poverty. His brother, Kimbal Musk, is secretary and treasurer. Grants for Science Research and Environment. 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. Awards will be paid directly to the church and a final grant report will be required. Form 990 is a US IRS form that provides the public with financial information about nonprofits, including charitable foundations. By now, you should have an idea of whether the Musk Foundation may be a good-fit funder for your project. By using Instrumentls NTEE Codes breakdown, you can review how the Musk Foundation allocates its funds. Criterion #5: If you are a new grantee, add the Musk Foundations proportion of giving to new grantees to your funder score. 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.. This is where Instrumentl comes in! Elons charitable giving has kickstarted AI safety research, transforming it into what is now a vibrant and respectable research area, said Max Tegmark, a professor at the Massachusetts Institute of Technology, who personally received $9m from Musk for research at the Future of Life Institute. TheSierra Club Foundation acquired $250,000 in 2014. Funding to fight inequality. This website is using a security service to protect itself from online attacks. At a glance, see past and new awardees. New York is the next most heavily represented state, having received 10 awards. You can read more about that in Simons article here. 10 awards Also, Musk Foundation plans to donate directly to families. The Musk Foundation was founded in 2002 by famous technology entrepreneur Elon Musk. CESG grantees are strengthening community partnerships, building relationships, and providing hope and opportunity to many people throughout Muskegon County. First, lets take a peek at the funders giving trends over the last few years. 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. There are some hints that the foundation could be returning to grassroots giving. Education receives the highest amount of funding, with $1.1 million. It has consistently given to the Crossroads School for Arts and Sciences, Ad Astra School, and The Windward School, all in California. It is supported by Elon Musk and located in Austin, TX. Others, however, landed closer to home. Every gift makes a difference. The list of its recipients grew longer and began to feature more organizations with links to Musks own family and interests. 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 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. 10 11, Artists for Peace and Justice, which helps disadvantaged people internationally through education, and Haitian Relief Organizationwhich helped with recovery in Haiti after a tsunami struck that nationreceived funding from the Musk Foundation in 2011. 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! Please note that the foundation never charges a fee in connection with its grants. The foundation does not accept unsolicited proposals or requests for funding. $100 Million Prize Purse XPRIZE Carbon Removal is aimed at tackling the biggest threat facing humanity - fighting climate change and rebalancing Earth's carbon cycle. (Non-profit), National Wildlife Federation Who received these awards, and where are they located? (Non-profit), Natural Resources Defense Council (NRDC) A few weeks ago Tesla/SpaceX CEO Elon Musk announced on Twitter that he is donating $100M for innovating the best carbon capture technology. Haitian Relief Organization received $61,370. 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. No late applications will be accepted. They received no compensation from the Foundation in 2016. Also in 2016, the Musk Foundation made its largest disbursement to date, giving $37.8m to Vanguard Charitable. But should you pursue their grants? OVERVIEW: The Musk Foundation is the personal philanthropic organization of Elon Musk. Musk Foundation: Employer Identification Number (EIN) 770587507: Name of Organization: Musk Foundation: In Care of Name: . 25, Elon Musk is president of the Musk Foundation. 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. Here are 3 key things that Instrumentls 990 tool can show you to help you figure out if applying to the Musk Foundation is a good use of your time. 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. Your IP: Community Improvement & Capacity Building N.E.C. Add this when the Musk Foundation's funding for your niche is greater than your desired amount. 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. We collaborate with donors, grantees, advisors and individuals to identify issues that are most important to the people of Muskegon County. RESOURCES: It's clunky, hard to read, and even harder to interpret! 24 Their investigation found that the Foundation frequently donated to charities in which Musks family and/or his companies have financial and other interests. After reading through all this information, you may have decided that the Musk Foundation isnt a great fit for your project or organization. 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. A funders 990 data can reveal so many useful insights about giving trends, but those insights can be hard to identify because of the 990 forms unreadability. 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. 2023 Nonprofit Metrics LLCTerms of Service and Privacy Policy. 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 Some of the Musk Foundations donations have generated controversy. The Musk Foundation said it has donated more than $1m worth of water filtration equipment and laptops to causes in Flint, Michigan. Altman is also a director of OpenAI. I dont know but Elon Musk said on Twitter that hopefully, details would be released next month. 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. It received a total of nearly half a million dollars over the next four years from the Musk Foundation one of the foundations largest direct awards at the time. Khan admires Elon Musk's efforts and support. The entire website of Elon Musks private charitable foundation is shorter than many of the Tesla CEOs contentious tweets. 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). During our interview, he spoke of literacy as a way to help solve poverty. If you're wondering how to make your grant proposal better, or what organizations submit the strongest proposals, we can help. But should you pursue their grants? The Federal Aviation Administration is being sued by wildlife and environmental groups . Lets also take a look at the number of grants awarded by the foundation.. The Musk Foundation helps businesses that push a left-of-middle agenda, in particular environmentalist businesses. 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. 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. Add this when the Musk Foundation's funding for your niche is around your desired amount. See key stats such as the most common award size, min/max, and more. Documents obtained by the Guardian reveal how the foundation has put that vague mission statement into practice. On January 17, 2023, we asked community members to join us in celebrating the National Day of Racial Healing. It is supported by Elon Musk and located in Austin, TX. Musk later started his own not-for-profit school, Ad Astra, located within SpaceX headquarters in Hawthorne, California, which his children now attend. [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. If anyone hears this message and is interested I would like to introduce me and my idea. Literacy and access to internet, I think, are fundamentally helpful. Applications are now open! The grant will provide an opportunity for undergraduate students and post-baccalaureate fellows to acquire multi-disciplinary training at the interface of chemistry and biology. 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. Looking at the map below, you can see that the Musk Foundation has funded projects across much of the United States.. The Musk Foundation has made small contributions to a handful of right-of-middle nonprofits. If youd like to get matched to similar funders to Musk Foundation, create a free Instrumentl account. This day is observed the Tuesday after Martin Luther King Jr. Day. One thing I know for sure is that Elon will make sure the money is well spent and does the most good. Public Safety, Disaster Preparedness & Relief, Research Institutes & Public Policy Analysis, Voluntary Health Associations & Medical Disciplines, Water Resources, Wetlands Conservation & Management. Keep in mind that geographic location is only one of the many variables that should be taken into consideration when determining if the Musk Foundation is a good-fit funder. Energy Resources Conservation & Development, International, Foreign Affairs & National Security, Natural Resources Conservation & Protection, Philanthropy, Voluntarism & Grantmaking Foundations. 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 However, 2020 saw a significant decrease in the giving average, with the amount falling down to $2.3 million. MEET THE TEAMS Filter Teams Something went wrong while submitting the form. Starting in 2020, e-filings are required. that are established and organized as such by the IRS. in 2017. As executive director and chairman of the project, Kimbal received nearly $85,000 in payments by Big Green between 2010 and 2016. 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. 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. Add this where there is an evident close alignment between you and the Musk Foundation. 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. in 2012. Kids are worth it if at all possible. Assets: $57,371, The Musk Foundation is a private grantmaking foundation founded in 2002 by technology entrepreneur Elon Musk and his brother, Kimbal. Looking at tax records, it is easy to see this represented in grants the foundation has made. Lets go! Grants through the Musk Foundation range from $1,000 to $100 million; however, the most common amount is a modest $10,000. 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/). Beginning April 2022, all applications will be submitted in the Grant Lifecycle Manager (GLM) the link is provided in each application description. Click here for more information about Teacher Mini-Grants. 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. 38 awards Kimbal Musk launched Kitchen Community, a Colorado-based charity, with the help of his brother, Elon. Public Safety, Disaster Preparedness & Relief receives the lowest amount of funding, with only $250,000.. I suspect he wants to focus on education. It also said that those payments ended as soon as the Foundation learned about them. The Community FoundationforMuskegon County believes civic engagement is essential to a healthy democracy. . Together, the documents show that many of the organizations donations have gone far beyond its stated scope. Want updates when Musk Foundation has new information, or want to find more organizations like Musk Foundation? 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.
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