MUSK FOUNDATION

Supporting OrganizationIRS data 2022–2024

AUSTIN, TXEIN 852133087 Website

Annual Giving

$474.3M+100% YoY

Grants

Median Grant

$1.0M

Organizations Funded

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Foundation Overview

Mission

The Musk Foundation makes grants in support of 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.

Focus Areas

k-12 educationcomputer science, coding, and digital literacy educationhigher education researcheducational scholarships and student financial assistancedisaster relief and emergency responsehumanitarian and refugee assistancehunger relief and meal-based disaster responseaffordable housing and home rebuilding

Grant Types

operating supportscholarshipsresearch and development grantsresearch grantsemergency/disaster relief grantsmeal-program grantsdirect cash transferscapital and rebuilding grantscapacity-building and volunteer coordination grants

Funded Initiatives

$100M XPrize Carbon Removal competition (2021), $55M to St. Jude Children's Research Hospital (2021), $5M to Khan Academy (2020), $480K water filtration systems Flint Michigan (2018), $2.4M Hurricane Helene recovery via SBP, $160M total donations (2022)

How to Apply

No open application process. Organizations need invitation or preexisting connection. Foundation does not accept unsolicited funding requests. Contact number (737) 235-6956, but direct contact may not be amenable.

Does Not Fund

Does not accept unsolicited funding requests, requires invitation or preexisting connection, geographic preference for California and Texas projects, foundation has faced criticism for falling short of 5% legal minimum donation requirement for tax-exempt status

Based on publicly available information from the foundation's 990 filings and website.

Giving History

2024+100%

$474.3M

Grants

Median

$1.0M

States

2023+47%

$236.6M

Grants

Median

$200K

States

2022

$160.5M

Grants

Median

$425K

States

Grant Size Distribution

$1.0M

Typical Grant (Median)

$10K

Smallest

$470K

25th Pctile

$2.1M

75th Pctile

$205.8M

Largest

Excludes grants ≤ $5K. Half fall between $470K and $2.1M.

Largest Recent Grants

$205.8M

2024

THE FOUNDATION - SEE ATTACHMENT A

TX · SUPPORT SCHOOL OPERATIONS AND PROGRAMS

$149.2M

2024

THE FOUNDATION - SEE ATTACHMENT A

TX · SUPPORT SCHOOL OPERATIONS AND PROGRAMS

$25.0M

2024

FIDELITY CHARITABLE

OH · SUPPORT OF PUBLIC CHARITIES

$15.0M

2024

THE FOUNDATION - SEE ATTACHMENT A

TX · SUPPORT SCHOOL OPERATIONS AND PROGRAMS

$10.0M

2024

FIDELITY CHARITABLE - SEE ATTACHMENT A

OH · SUPPORT OF PUBLIC CHARITIES

Geographic Focus

$390.5M17 grants

$35.0M2 grants

$20.1M12 grants

$7.0M2 grants

$3.3M1 grants

Top states by total grant dollars. Based on IRS filing data.

Financial Overview

YearTotal AssetsGrants Paid

2024

$463.0M

$474.3M(102.5%)

2023

$536.2M

$236.6M(44.1%)

2022

$650.7M

$160.5M(24.7%)

Grants paid shown as percentage of total assets

Network Intelligence

Funding follows networks, not keywords

SciRise maps 4.8M+ grants across 16,000+ foundations to identify which ones are most likely to fund organizations like yours — based on who they already fund, not just what they say they fund.

Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.