Musk Foundation
EIN 770587507
Possibly inactive.
Last 990-PF filing on record is from 2021
(5 years ago). Verify before investing time in an application.
Total Given 2016–2021
$49.5M
9 grants · $8.3M avg/year
based on 6 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$100K
typical big bets · $25K–$1.4M
grant size
0%
transactional · single-year
repeat
$362.9M
Assets (2017)
9
Distinct Recipients
About
ON OCTOBER 26, 2020, THE FOUNDATION MERGED INTO THE MUSK FOUNDATION, A TEXAS NONPROFIT CORPORATION (THE "TEXAS FOUNDATION"), WHICH IS ALSO A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE, AND THE FOUNDATION TRANSFERRED ALL OF ITS ASSETS TO THE TEXAS FOUNDATION INCIDENT TO THE MERGER. THE ADDRESS OF THE TEXAS FOUNDATION IS P.O. BOX 341886, AUSTIN, TX 78734. ATTACHED IS A COPY OF THE CERTIFICATE OF MERGER FILED WITH THE CALIFORNIA SECRETARY OF STATE ON NOVEMBER 5, 2020, ALONG WITH THE EXECUTED AGREEMENT AND PLAN OF MERGER DATED AS OF SEPTEMBER 29, 2020. A NOTICE OF TERMINATION OF PRIVATE FOUNDATION STATUS WAS FILED WITH THE IRS ON JUNE 29, 2021.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(737) 235-6956
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $38K | $254.9M | $254.6M | 3 |
| 2017 | $47.8M | $362.9M | $11.0M | 2 |
| 2021 | $1.7M | $0 | $61.3M | 4 |
Grant Size Distribution
Based on 9 grants on record
Minimum
$2K
25th Pctl
$25K
Median
$100K
Average
$5.5M
75th Pctl
$1.4M
Maximum
$37.8M
Geographic Distribution
Officers & Directors
Grants Awarded (9 total)
| Purpose | ||||
|---|---|---|---|---|
| Vanguard Charitable | Warwick, RI | $37,798,322 | FOR PUBLIC CHARITY SUPPORT | 2017 |
| Ycorg | Mountain View, CA | $10,000,000 | FOR SCIENTIFIC RESEARCH | 2017 |
| Fidelity Charitable | Cincinnati, OH | $1,364,300 | FOR PUBLIC CHARITY SUPPORT | 2021 |
| Community Foundation of Southwest Louisiana | Lake Charles, LA | $100,000 | FOR HURRICANE RELIEF AND RECOVERY | 2021 |
| Cajun Navy Relief Inc | New Orleans, LA | $100,000 | FOR HURRICANE RELIEF | 2021 |
| The St Bernard Project Inc | New Orleans, LA | $100,000 | FOR DISASTER RECOVERY | 2021 |
| Chefs Collaborative Inc | Cambridge, MA | $25,000 | FOR BUILDING A HEALTHIER FOOD SYSTEM | 2016 |
| Los Angeles Police Foundation | Los Angeles, CA | $10,000 | FOR LAPD PUBLIC SERVICE SUPPORT | 2016 |
| Science and Technology Education Partnership | Riverside, CA | $2,500 | FOR SCIENCE AND TECHNOLOGY EDUCATION | 2016 |