They acquired no repayment from the Foundation in 2016. Add this when your state is represented most heavily - shaded in darkest purple - among past grantees. Due to this delay, 990 information available on Instrumentl may not represent the most recent 990s filed by the organization. Although I am clearly not an expert on these topics, I do know we often inherit our spending habits from our parents as well as the people around us. The brothers are the basiss sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. 26. Copyright TESLARATI. 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. Janelle Mair, 231.332.4116 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. 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. (Non-profit), Oxfam America Here are a few examples of recent grantees making a difference in our community: To view an infographic exploring the impact of CESGs from 2022, click here. Add this when the Musk Foundation's funding for your niche lies below your desired amount. We catalyze change by focusing on decades-long strategic goals: Education, Community and Economic Development, and Diversity, Equity, and Inclusion. Altman is also a director of OpenAI. If youd like to get matched to similar funders to Musk Foundation, create a free Instrumentl account. Copyright 2023 InfluenceWatch. Available for fiscal year 2015 and later. I grew up in poverty and Ive been pretty fortunate. 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. 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. Add this when there is little to no understanding of the alignment between you and the Musk Foundation. Grants are available in the two month prior to primary and general elections. The foundation does not accept unsolicited proposals or requests for funding. Faith Partner grants support churches* that are collaborating with other churches or nonprofit organizations. 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/. This organization did not e-file for 2014 2015, so Instrumentl is unable to provide 990 insights. By mid 2015, the Musk Foundation was down to its last $60,000. Each category is broken down into subcategories. 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). Following publication of this article, a spokesman for the charity said Kimbal personally donated $130,000 to Big Green. 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. Instrumentl makes it super easy to understand all of that data and insight so that you can focus your time and energy on proposals that have a high ROI. TheMusk Foundationis a non-public grantmaking basis based in 2002 via way of means of generation entrepreneurElon Muskand his brother, Kimbal. There were Let us show you! 2 awards Many funders tend to unequally split their budget between different funding purposes and categories. 41 awards It is supported by Elon Musk and located in Austin, TX. in 2017. One of the Community Foundations strategic goals is to enhance community trust and promote prosperity for all. Timing seems to be good now. 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. 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 Musk Foundation suddenly had to find a home for millions of dollars. The following May, Musk donated 1.2m shares of Tesla Motors, valued at nearly $255m at the time. To learn more about the Community Empowerment Small Grants program, click here. Since relocating to the Lonestar State, Musk has committed $10 million to support revitalization efforts for Brownsvilles downtown district and $1 million to Feeding Texas, a foodbank focused on the state. BCIC Receives Private Funding for BIG Grant Program Revenue: $600,158 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. Criterion #5: If you are a new grantee, add the Musk Foundations proportion of giving to new grantees to your funder score. 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. According to local news, the Musk Foundation gave $459,000 to IDEA schools in Cameron County on April 19, 2021. Want updates when Musk Foundation has new information, or want to find more organizations like Musk Foundation? But should you pursue their 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. The final criteria is the length of time that the removed carbon is locked up for. About UsContact UsConsultants DirectoryFAQ & HelpTerms of UsePrivacy Policy, Individual Subscriptions Multi-User Subscriptions , human space exploration research and advocacy, development of safe artificial intelligence to benefit humanity. There were 10 awards Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. Open AIs tax filings show its top researcher alone was paid $1.9m in 2016. The huge influx of funds came with its own issues. 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. View a complete listing of our previous grant awards, including the organization, project, amount, and grant fund. On Wednesday, the foundation added aline to its website, stating its support for the development of safe artificial intelligence to benefit humanity. 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. At a glance, see past and new awardees. 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. Looking at tax records, it is easy to see this represented in grants the foundation has made. The remarkably brief and austere website for the Musk Foundation targets 4 areas for grant support: renewable energy research and advocacy, human space exploration research and advocacy,. If you wanted to, you could learn almost anything for a very low cost just using a simple phone or an old tabletarouter box basically.. 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 Funding is available to support programs related tolife-long literacy and educational equity. Making higher education more accessible for hundreds of area students is an investment in the future of our youth and our community. (Non-profit), Energy Foundation No late applications will be accepted. Gigaton (or gigatonne) is a unit of measuring mass that equals a billion metric tons. There were But in 2016, the IRS was still processing OpenAIs non-profit status, making it impossible for the organization to receive charitable donations. Add this since Musk Foundation has had a decreasing giving trend for the last 3 years. You can reach him on Twitter @IqtidarAlii, I have an energy idea, with an equation, that could possibly have unlimited power potential. Grantee Media Kit. Who received these awards, and where are they located? Grantseekers may have more success getting Musks attention by tweeting at him, which has worked in the past. Philanthropy, Voluntarism & Grantmaking Foundations N.E.C. XPRIZE web page for Elon Musks $100M donation details the following key points that can help a team win the prize. 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.. UNFCU Foundation Opens 2024 Grant Window for Organizations Championing 5, In 2016, Musk donated 1.2 million shares of Tesla stock, worth $254,614,000 at the time, to the Foundation. I think that if the Musk Foundation really wants to help families, especially those who are struggling to make ends meet, perhaps Elon will consider financial literacy programs for families in homeless shelters as well as colleges and schools. Lets go! If you have any questions, please reach out to Jocelyn Hines at jocelyn@muskegonfoundation.org or 231-332-4118. Keep in mindyou wont find this information anywhere but on Instrumentls funding per NTEE code report!, The Musk Foundation funds projects that fall into two NTEE categories. 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. Elon Musk Scholarships 2023 Fully Funded. Thats ok! That donation helped fund the Temple of Whollyness, a large wooden art structure that went up in smoke at the climax of 2013s Burning Man festival in Nevada. With such a famous name, the Musk Foundation may be an intriguing prospect for your grant writing. Musk gifted $5.7B in Tesla shares in Nov.one of history's biggest Elon Musk's $150 million charity spending spree - Vox Were making it easier for you to make a difference. Sign up for our email updates. of COTTENCHY, HAUTS DE FRANCE. Why is this information so important? We have a list of similar funders that may be better fitjust keep reading! 3 awards The Sierra Club Foundation received $250,000 in 2014. Want to get inside funders' heads? Musk signed a pledge last year promising to give away half of his fortune, and was recently named the richest . Click to reveal The Vancouver Methodist Foundation, based in Vancouver, Washington, is a Protestant-affiliated foundation that was formed in 1970. Updated: Jan 27, 2022 / 08:07 AM CST. The Foundation has donated to non-political causes, consisting of $480,000 in offers for water filtration in Flint, Michigan, and $424,000 to deliver computer systems to Flint middle schools. Its incredibly important to evaluate funder fit before you spend time applying for grants. These days you can learn almost anything online. 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. . 425 W. Western Avenue Suite 200, Muskegon, Michigan 49440 | 231.722.4538, 2023 Community Foundation for Muskegon County, https://muskegonfoundation.org/grants/our-priorities/, https://muskegonfoundation.org/wp-content/uploads/video1932607370.mp4, https://healourcommunities.org/day-of-racial-healing/, HBCU Club College readiness support for students interested in attending historically black colleges and universities, Muskegon County Oral Health Coalition Oral Health Discovery Packs, St. Gregorys Episcopal Church Book Pantry (integrated into food pantry), Fellowship Church Read. Education receives the highest amount of funding, with $1.1 million. 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. Sign up for your free Instrumentl account today to view past grantees from even more foundations that you are interested in learning about! Your submission has been received! When I saw Elons tweet about how the Musk Foundation will help families directly, this literally made my heart sing. As you can see in the bar graph above, the number of grants has actually increased over the last 3 years, from 2 in 2017 to 10 in 2020. Our grants. Musk gave his organization 30,000 eBay shares, worth $2.1m. If anyone hears this message and is interested I would like to introduce me and my idea. 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.. 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. The Walton Family Foundation is a family-led foundation whose philanthropic efforts focus on solving complex social and environmental problems. PROFILE: Established in 2002, the Musk Foundation was created by Elon Musk, CEO of the electric vehicle automotive company Tesla Motors and the space rocket maker SpaceX. Grants for Science Research and Environment. Musk Foundation | Foundation Directory | Candid Many wealthy individuals fund their childrens schools, and support their own charities and initiatives, he explained. MUSC Family Fund Grant Application | Giving to MUSC Foundation Musk Foundation. Generally, education, obviously, is good. 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). The $100M XPRIZE Carbon Removal is now LIVE. (Non-profit), Sierra Club Foundation Open AI's tax filings show. Musk Foundation: Should You Pursue Their Grants? | Instrumentl Musk Foundation | Inside Philanthropy The website of Elon Musks private charitable foundation. MUSK FOUNDATION AUSTIN, TX 78734-0032 | Tax-exempt since March 2002. . The Legacy Foundation of Central Wisconsin is a private foundation that exists to improve the health and well-being of central Wisconsins communities. Neither Elon nor Kimbal has ever accepted any compensation for their work with the foundation, nor are there any other salaried staff at the organization, filings indicate. 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.
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