musk foundation grant application

The solutions presented by the participating teams will also have to be scalable and cost-effective in order to win the grant, says XPRIZE. Drill down into giving patterns per category. Return of Organization Exempt from Income Tax (Form 990-PF). Musk had started organizing his charity givings more than a decade earlier. in 2016. 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/. 2 awards 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. I think Elon will probably find a way to help families in need in many ways. He also tweeted that he is increasing childcare benefits at his companies and hopes that other companies follow suit. Having been homeless as early as 9, this statistic hit home. We award over $1.3 million in scholarships to hundreds of students each year. 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.. by creating a free 14-day account. Form 990 is a US IRS form that provides the public with financial information about nonprofits, including charitable foundations. However, 2020 saw a significant decrease in the giving average, with the amount falling down to $2.3 million. Tax paid with application for extension of time to file (Form 8868) $7,000: $0: $0: Backup withholding erroneously withheld: $0: $0: $0: . See even more similar funders Add this since Musk Foundation has had a decreasing giving trend for the last 3 years. Our Youth Advisory Council (YAC) invites school district employees to apply for mini-grants to help them out in the classroom. 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. Phew! Musk's $5.7B Mystery Donation Went to Musk Foundation: Report 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. This is a good indicator that the Musk Foundation will continue to be open to new grantees in years to come. 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. Musks first big gift to the foundation came the following year, shortly after eBay bought PayPal, the payments company that Musk had an interest in. Many funders concentrate their giving on specific geographic regions. Search for staff contact info and bios in PeopleFinder(paid subscribers only). 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. We give grants to 501(c)(3) organizations, churches, schools, agencies, and governmental units serving the greater Muskegon County area. 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. The libertarian think tank Cato Institute received $5,000 in 2007.20In 2005, Citizens Against Government Waste received a $10,000 grant; National Taxpayers Union received $2,500 in the same year. Funding is available to support programs related tolife-long literacy and educational equity. Since total giving decreased, but the number of grants increased, we can infer that the foundation is awarding less money per grant award. MUSC Family Fund Grant Application | Giving to MUSC Foundation 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. The Sierra Club Foundation received $250,000 in 2014. Musk Foundation - InfluenceWatch - InfluenceWatch There were The Musk Foundation was founded in 2002 by famous technology entrepreneur Elon Musk. 2023 Nonprofit Metrics LLCTerms of Service and Privacy Policy. After having added up all the scores throughout the article, you can use our scoring breakdown to conclude if the Musk Foundation is a good fit for your organization. WIRED. Communicate your ideas and projects with us at grants@muskegonfoundation.org- we want to share your great ideas! 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. He also pursued a Ph.D. in applied physics at Stanford, but left to pursue entrepreneurial interests, becoming a known quantity for Paypal, Space X, and Tesla Motors. 5, In 2016, Musk donated 1.2 million shares of Tesla stock, worth $254,614,000 at the time, to the Foundation. Perhaps creative methods of reaching out will work again. The Walton Family Foundation is a family-led foundation whose philanthropic efforts focus on solving complex social and environmental problems. Learn more about and support their work. Community Empowerment Small Grants (CESGs) are tools provided by the Community Foundation to build a vibrant community with great opportunities for all. 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. The best Tesla, SpaceX, and Elon Musk news resource. I do want to highlight what John said above. Generally, education, obviously, is good. Musk Foundation | Austin, TX | Instrumentl The Musk Foundation is a non-public grantmaking basis based in 2002 via way of means of generation entrepreneur Elon Musk and his brother, Kimbal. Elon Musk, CEO of Tesla, officially opened the Hawthorne tunnel on 18 December. Drew Millard of the Outlinewrote in 2018 that the timing of the donation allowed Musk to keep away from taxes and to keep away from ceding stocks to his 2d wife, who filed for divorce withinside the spring of 2016. Assets: $57,371, The Musk Foundation is a private grantmaking foundation founded in 2002 by technology entrepreneur Elon Musk and his brother, Kimbal. You can read more about that in Simons article here. 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). But the bulk of his charitable giving has been through this private foundation, for which he provides the entirety of its funding. BROWNSVILLE, Texas (ValleyCentral) On Wednesday, Brownsville Independent School District announced a $2.5 million donation from the Elon Musk Foundation . There are many fantastic (and FREE) resources to help you formulate your plan a great place to start iswww.nonprofitvote.org. Some of the Musk Foundations donations have generated controversy. Your submission has been received! RESOURCES: You can reach him on Twitter @IqtidarAlii, I have an energy idea, with an equation, that could possibly have unlimited power potential. Its better to find out now before you spend a lot of time and effort crafting a well-thought-out proposal. Haitian Relief Organization received $61,370. If you're wondering how to make your grant proposal better, or what organizations submit the strongest proposals, we can help. Get the latest business insights from Dun & Bradstreet. By now, you should have an idea of whether the Musk Foundation may be a good-fit funder for your project. If anyone hears this message and is interested I would like to introduce me and my idea. Thats ok! (modern). 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. 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. Musk Foundation | Austin, TX | Cause IQ Form 990s provide critical insight to know if a foundation is a good match for you or your organization. But in 2016, the IRS was still processing OpenAIs non-profit status, making it impossible for the organization to receive charitable donations. Education receives the highest amount of funding, with $1.1 million. Filings show the organization is run by Sam Altman, a director of OpenAI and the president of Y Combinator, a Silicon Valley accelerator that has helped to launch hundreds of technology startups, including Airbnb, Cruise Automation and Dropbox. Tesla's Elon Musk Supports A Future With Free Education For - InsideEVs I.N.E.L. - Dun & Bradstreet 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. Its not against the law Dale noted. Also in 2016, the Musk Foundation made its largest disbursement to date, giving $37.8m to Vanguard Charitable. No late applications will be accepted. Applications are now open! For more information about Faith Partner grants click here. Grants through the Musk Foundation range from $1,000 to $100 million; however, the most common amount is a modest $10,000. The Musk Foundation has selected XPRIZE.org to manage this fund which is the largest-ever prize for the cause donated by an individual. A few weeks ago Tesla/SpaceX CEO Elon Musk announced on Twitter that he is donating $100M for innovating the best carbon capture technology. Where and how is up to you. Add this when the Musk Foundation's funding for your niche lies below your desired amount. Human space exploration research & advocacy, Development of safe artificial intelligence to benefit humanity. Also in 2010, the foundation spent $183,000 to help launch Kitchen Community, a Colorado-based charity headed by Kimbal that used learning gardens in underserved areas to help children grow and prepare fresh food. They convinced him to give a Q&A to Hack Club members and secured a donation for the organization. Grants will go directly to the church, however collaboration with schools and other nonprofits doing similar work is strongly encouraged. The teams ability to demonstrate to the judges that their solution can economically scale to the gigaton level. Instrumentl pulls the funders key financial information from their 990 forms and displays them in easy-to-read bar graphs. 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. Another key contributor to poverty is the lack of financial literacy. 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. 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 Many wealthy individuals fund their childrens schools, and support their own charities and initiatives, he explained. 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. Disclaimer: Not affiliated or officially linked with Tesla Inc. in any way. Since 2003, he has given $57,600 to Republicans including President George W. Bush, Sen. Lindsey Graham (SC), Sen. Marco Rubio (FL), and Rep. Kevin McCarthy (CA-23). According to Invisible People TV, which shares stories of homeless people and families, the current face of homelessness is that of a child. 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! The Community FoundationforMuskegon County believes civic engagement is essential to a healthy democracy. 15 16 17, Other explicitly left-wing organizations which have received funding are the William J. Clinton Foundation, People for the American Way Foundation, and Transgender Law Center. The Musk Foundation said it has donated more than $1m worth of water filtration equipment and laptops to causes in Flint, Michigan. Their insider tips may not be public knowledge and may help you increase your likelihood of getting funded. The list of its recipients grew longer and began to feature more organizations with links to Musks own family and interests. Most recorded awards totalled just a few thousand dollars, and many went to environmental, educational, medical and space advocacy organizations. of COTTENCHY, HAUTS DE FRANCE. Together, the documents show that many of the organizations donations have gone far beyond its stated scope. Fight climate change. Education is something that is important to him. Musk Foundation in Los Angeles, California (CA) 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). This organization did not e-file for 2018 2019, so Instrumentl is unable to provide 990 insights. IP TAKE: It is difficult to take this foundations website seriously as anything other than a way for its founder to troll grantseekers. Why is this information so important? 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. XPRIZE will open registrations for the competition starting this years Earth Day (April 22nd, 2021) and the competition will run continuously for four years to find the best carbon capture solution. Updated: Jan 27, 2022 / 08:07 AM CST.

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