musk foundation grant application
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. Hes absolutely correct in this respect. As [the brothers] salary at the charity was relatively modest, and the charity has plenty of other resources, you might come to the conclusion that the foundations contribution wasnt responsible for any special benefit for him.. Energy Resources Conservation & Development, International, Foreign Affairs & National Security, Natural Resources Conservation & Protection, Philanthropy, Voluntarism & Grantmaking Foundations. We give grants to 501(c)(3) organizations, churches, schools, agencies, and governmental units serving the greater Muskegon County area. Tesla Owners Silicon Valley (@teslaownersSV) July 8, 2022. I suspect he wants to focus on education. Sing. (Non-profit), Oxfam America Your IP: 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. However, 2020 saw a significant decrease in the giving average, with the amount falling down to $2.3 million. I dont know but Elon Musk said on Twitter that hopefully, details would be released next month. Open AIs tax filings show its top researcher alone was paid $1.9m in 2016. Together, the documents show that many of the organizations donations have gone far beyond its stated scope. Lets exit the fossil fuel era. Performance & security by Cloudflare. Its a win win troll. If some genius does manage to come up with a solution then thats also a win. Grantee Media Kit. One of the Community Foundations strategic goals is to enhance community trust and promote prosperity for all. 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. Determining if your organization or project is located in a state or region that has been historically represented in the foundations giving portfolio is helpful information to have as you determine funder fit. The article clarified that none of the payments were illegal, and cited charity experts who said that many were within charitable norms. It also made three $25,000 payments to a tiny pressure group called Angelenos Against Gridlock. 51.38.238.251 Many funders tend to unequally split their budget between different funding purposes and categories. Click here for more information about Teacher Mini-Grants. I do want to highlight what John said above. This organization did not e-file for 2014 2015, so Instrumentl is unable to provide 990 insights. The Musk Foundation has made small contributions to a handful of right-of-middle nonprofits. Funding to fight inequality. Assets: $57,371, The Musk Foundation is a private grantmaking foundation founded in 2002 by technology entrepreneur Elon Musk and his brother, Kimbal. But, if Musk continues to use Vanguard, it would make his already secretive foundation even less transparent in future years. Generally, education, obviously, is good. Its a donor-advised fund a tax-efficient giving vehicle that holds money on behalf of multiple clients and distributes it over time. As you can see above, the Musk Foundations giving history has been inconsistent over the last 5 years. If you have any questions, please reach out to Jocelyn Hines at jocelyn@muskegonfoundation.org or 231-332-4118. OVERVIEW: The Musk Foundation is the personal philanthropic organization of Elon Musk. (Non-profit), Energy Foundation Contrary to popular belief, nonprofits are welcome to engage innonpartisanefforts to get out the vote! The California-based foundation focuses its giving on a few specific areas of interest, all of which center around renewable energy, space exploration, pediatric research, and science and engineering education. The left-leaning newspaperthe Guardiancarried out a radical exam of the Foundations donations in a January 2019 profile. But in 2016, the IRS was still processing OpenAIs non-profit status, making it impossible for the organization to receive charitable donations. If the answer is no, dont worry! Past giving is by far the best indicator of future giving!. Timing seems to be good now. The best Tesla, SpaceX, and Elon Musk news resource. Nonprofits often have connections to communities that may be underrepresented at the polls and are trusted sources of information. 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. 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. Public Safety, Disaster Preparedness & Relief receives the lowest amount of funding, with only $250,000.. This organization did not e-file for 2018 2019, so Instrumentl is unable to provide 990 insights. Others, however, landed closer to home. Elon Musk reported that he gifted almost $6 billion worth of Tesla Inc . Global Green has received multiple donations, including one worth $45,980 in 2007. Funded by Elon Musk and the Musk Foundation, this $100M competition is the largest incentive prize in history, an extraordinary milestone. Teams can submit entries across natural, engineer and hybrid solutions. Accessed May 30, 2018. www.foundationsearch.com. Elon Musk, CEO of Tesla, officially opened the Hawthorne tunnel on 18 December. But should you pursue their grants? This indicates that the foundations giving will likely continue to decrease in the coming years, which isnt a great sign for grantseekers! The foundation does not accept unsolicited proposals or requests for funding. As a result, its not transparent or approachable. 41 awards Elon Musk made one of the biggest donations to a charity in history with a November gift of $5.7 billion in Tesla shares. Heres a bonus tip! They received no compensation from the Foundation in 2016. 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. (Non-profit), New Venture Fund (NVF) For more information and access to the action kits, visit https://healourcommunities.org/day-of-racial-healing/. They convinced him to give a Q&A to Hack Club members and secured a donation for the organization. 23, The left-leaning newspaper the Guardian conducted a thorough examination of the Foundations donations in a January 2019 profile. The McKesson Foundation accepts applications for funding requests above $25,000 February 1 through April 30 each year. This day is observed the Tuesday after Martin Luther King Jr. Day. The teams ability to demonstrate to the judges that their solution can economically scale to the gigaton level. This information is helpful, but there is so much more that we can show you to help you determine if the Musk Foundation is a good-fit funder for your project. The Vancouver Methodist Foundation, based in Vancouver, Washington, is a Protestant-affiliated foundation that was formed in 1970. *Church is defined as congregations, houses of worship, communities of faith, etc. [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. 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. Grantees include Fidelity Charitable. On Wednesday, the foundation added aline to its website, stating its support for the development of safe artificial intelligence to benefit humanity. 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. Keep reading to learn even more factors that you should consider! Funding is available to support programs related tolife-long literacy and educational equity. Musk has also supported Republican candidates for Congress and the Presidency. Copyright 2023 InfluenceWatch. Its not against the law Dale noted. Why is this information so important? Who received these awards, and where are they located? 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. 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. Between 2007 and 2014, Musk topped up the foundations coffers with a little over $3.1m in cash. Starting in 2020, e-filings are required. In 2012, the year Musk signed the giving pledge, the foundation expanded its horizons and donated to the Rock and Roll Hall of Fame, the Los Angeles Police Foundation, and a not-for-profit organization for professional women in New Yorks film, television and digital media industries. (modern). The time is right for a new form of energy. OVERVIEW: The Musk Foundation is the personal philanthropic organization of Elon Musk. Every gift makes a difference. (Non-profit). Its easy to make it sound like the moneys doing good but its hard to make actually do good.. The Sierra Club Foundation received $250,000 in 2014. In fact, the foundations website consists of only 38 words, listing its funding interests. Education is something that is important to him. in 2017. This is promising! Based on most recent IRS 990 filing (2020). Or its like a very low bandwidth and its insanely expensive. Nonprofit Quarterlyeditor-in-leader Ruth McCambridge criticized the donation due to the dearth of payout and transparency guidelines associated with donor-suggested fund providers. With an estimated net worth of aroundUS$265 billion as of May 2023, Musk is the wealthiest person in the world according to both the Bloomberg Billionaires Index and the Forbes real-time billionaires list. Perhaps creative methods of reaching out will work again. 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. If we all leave a gift of just 5%, together, we can make a strong, positive impact on our community for many years to come. Please share the work youre doing with your network, using the hashtag #WatchMuskegonVote on social media. We are very honored and appreciative of the Musk foundation for supporting BIG and helping to amplify opportunities for those within our community." Cloudflare Ray ID: 7c0be23f1859007a 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.. 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 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). Notice: The Internal Revenue Service (IRS) is delayed in releasing 990 filings from 2021 and 2022. 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. Our grants. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Get the latest business insights from Dun & Bradstreet. Looking at the table above, you can see the subcategories that fall under the Education category. His brother, Kimbal Musk, is secretary and treasurer. . 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 . 7, According to its website, the Musk Foundation makes grants in support of four areas: renewable energy research and advocacy; human space exploration research and advocacy; pediatric research; and science and engineering education. 8, The Foundation has donated to non-political causes, including $480,000 in grants for water filtration in Flint, Michigan and $424,000 to supply laptop computers to Flint middle-schools.9 Other recipients of Musk Foundation grants include international aid nonprofits such as Doctors Without Borders, which was given $100,000 in 2012 alone, healthcare organizations such as World Spine Care, and the co-educational Mirman School for Gifted Children. Some of the Musk Foundations donations have generated controversy. You can email the site owner to let them know you were blocked. Kellogg Foundation, encourages community members to reflect on and create solutions to combat inequities in our community. 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. This website is using a security service to protect itself from online attacks. Instrumentls 990 pages will be updated automatically as soon as the IRS releases this information. 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. Something went wrong while submitting the form. But should you pursue their grants? This will help you determine if your project fits within a category they fund, and how much funding projects in that category typically receive. Instrumentl makes it easy to connect with these insiders with its past grantees feature.. This type of structure makes it difficult for the public to tell which client is making which awards, a benefit for the publicity-shy. Beginning April 2022, all applications will be submitted in the Grant Lifecycle Manager (GLM) the link is provided in each application description. If you are a repeat grantee, add the Musk Foundations proportion of giving to repeat grantees to your funder score.. Elon is pretty sure carbon capture and storage is a scam and is not economically viable. It's clunky, hard to read, and even harder to interpret! Grants can be up to $500 for specific projects or programs including: program enhancement that meets curriculum guidelines, expanding an already existing unit, student awards, special events, professional development, artists in residence and parent involvement programs. 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 Foundations grant accounted for the majority of YC.orgs revenue, and almost all of its own funding, when it passed along $10m to OpenAI later that year. Also, Musk Foundation plans to donate directly to families. We accept funding requests up to $25,000 year-round. These days you can learn almost anything online. So when no one takes up the $100mill within 4 years the argument will be put to rest. The Federal Aviation Administration is being sued by wildlife and environmental groups . Musk has made more sizable donations to certain projects. Musk later started his own not-for-profit school, Ad Astra, located within SpaceX headquarters in Hawthorne, California, which his children now attend. Having been homeless as early as 9, this statistic hit home. 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. There were (Non-profit), National Wildlife Federation 3k+ grant writers have already subscribed. 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. Grants will be available from the following Committees. TheSierra Club Foundation acquired $250,000 in 2014. Annual Conservation Grants In 2023, the Disney Conservation Fund is offering a streamlined opportunity for eligible organizations to apply for a two-year conservation grant of $100,000 to advance community-based efforts that protect biodiversity and restore habitats. Since total giving decreased, but the number of grants increased, we can infer that the foundation is awarding less money per grant award. Funding by NTEE codes is by far the most important factor to consider in funder evaluation. Over just the first four months of 2021, Musk has committed almost $150 million directly to charities, according to Recode reporting and public announcements. 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. Literacy and access to internet, I think, are fundamentally helpful. Foundation for the Global Compact 2023 in support of the Global Africa Business Initiative, an effort to grow the economy to benefit poor and vulnerable communities in Africa $500,000 Awarded Mar 20-2023 The Global FoodBanking Network 2023 in support of expanding a global food banking system for impoverished and malnourished populations $2,831,300 New York is the next most heavily represented state, having received 10 awards. Musks solar power company Solar City (now part of Tesla) participated in both installations. 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. Find company research, competitor information, contact details & financial data for LYCEE GEN TECHNOL AGRICOLE LE PARACLET of COTTENCHY, HAUTS DE FRANCE. He also tweeted that he is increasing childcare benefits at his. Grants are made in support of: Renewable energy research and advocacy; Human space exploration research and advocacy; Pediatric research; Science and engineering education, the site reads. Over the last 3 years, 53% of the Musk Foundations grant awards have gone to new grantees. Create your free Instrumentl account today to explore and vet more foundations and get matched with 100+ relevant grants! Lets keep digginglooking at the foundations giving average can also provide some valuable insights.. 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. Engaging Muskegon County residents in voting strengthens our communitys voice. Instead, the Musk Foundation gave $10m to another young charity, YC.org. This is where Instrumentl comes in! ProPublica; Grants will go directly to the church, however collaboration with schools and other nonprofits doing similar work is strongly encouraged. The Muskegon LEAD (Leading Efforts Against Discrimination) Giving Circle is supports organizations doing excellent work in the areas of Diversity, Equity, Inclusion, and Justice (JEDI). He is the richest man in the world. 1 The brothers are the foundations sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. Lets also take a look at the number of grants awarded by the foundation.. Each year, we award grants that benefit education, the arts, health and human services, the environment, community development and emerging community needs. There are many fantastic (and FREE) resources to help you formulate your plan a great place to start iswww.nonprofitvote.org. 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. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information. This day, launched by the W.K. The gift was revealed earlier this year, but Musk did not name the charity receiving. That more than doubles Recode's . The application period has closed. Use the link below to access previous applications and final grant reports. For example, the average grant amount for Adult Education projects is $1 million, while the average amount for Educational Services is only $2,500. 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,. Some of the Musk Foundations grants have benefited AI research, his brothers charity, his childrens school and his fight against LA traffic. 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. Criterion #4: Add a score in the range of 0-2 to your funder score to indicate whether the Musk Foundations funding for your niche is what you desire., Theres no magic number to look for in terms of new versus repeat grantees, but we have found that having a 40% to 60% ratio is a good middle ground.. The following May, Musk donated 1.2m shares of Tesla Motors, valued at nearly $255m at the time. The entire website of Elon Musks private charitable foundation is shorter than many of the Tesla CEOs contentious tweets. By now, you should have an idea of whether the Musk Foundation may be a good-fit funder for your project. According to local news, the Musk Foundation gave $459,000 to IDEA schools in Cameron County on April 19, 2021. You can see by the downward trend that their giving has reduced by 50% since 2017, dropping from nearly $48 million to $23 million. 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. Faith Partner grants support churches* that are collaborating with other churches or nonprofit organizations. States like Pennsylvania, Virginia, Ohio, and Washington are sparsely represented, with only 1-2 awards each. 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/. Im planning to increase childcare benefits at my companies significantly. Add this when the Musk Foundation's funding for your niche lies below your desired amount. Many funders concentrate their giving on specific geographic regions. Despite Musks early skepticism about the severity of the COVID-19 pandemic, the foundation donated $5 million to two Boston-area researchers to further their work on the coronavirus, including for vaccines and diagnostic tools. Angelenos Against Gridlock is now defunct, and Musk has turned his attention to building tunnels to whisk Tesla electric cars swiftly beneath the citys traffic instead. 2 awards Another key contributor to poverty is the lack of financial literacy. For a complete list of 2022 grantees, please click here. 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. 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 10 awards 5, In 2016, Musk donated 1.2 million shares of Tesla stock, worth $254,614,000 at the time, to the Foundation. Your submission has been received! Updated: Jan 27, 2022 / 08:07 AM CST. The solutions presented by the participating teams will also have to be scalable and cost-effective in order to win the grant, says XPRIZE. by creating a free 14-day account. 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. Sign up for your free Instrumentl account today to view past grantees from even more foundations that you are interested in learning about! PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. During our interview, he spoke of literacy as a way to help solve poverty. Musk grew up in South Africa but moved to Canada at the age of 17 after obtaining citizenship through his mother. 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. IV held on to this idea for 16years. The organization did not initially respond to a request for comment. Musk Foundation. With a focus on educational scholarships, study grants, and other various charitable programs. By supporting projects that reflect the needs and diversity of our region, we work to create positive change throughout our shared community. Musk signed a pledge last year promising to give away half of his fortune, and was recently named the richest . Starting in 2020, e-filings are required. A lot of it comes down to spending habits of the parents as well. Documents obtained by the Guardian reveal how the foundation has put that vague mission statement into practice.
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