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EIN 85-2133087

Musk Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Austin
State
Texas
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Musk Foundation is a private foundation located in Austin, TX that primarily funds support for school operations and programs, research programs, winter storm uri disaster relief, education of students in need, and tech. Last year, it made 42 grants to organizations such as St. Jude Children's Research Hospital and others.
Total revenues
$2,554,831,265
2022
Total expenses
$165,521,865
2022
Total assets
$650,716,295
2022
Num. employees
0
2022

Grants made by Musk Foundation

GranteeGrant descriptionAmount
The FoundationTo Support School Operations and Programs$10,000,000
Khan AcademySupport Computer Science Work and Unfinished Learning Programs$7,000,000
X Prize FoundationSupport Technological Development for Carbon Removal$4,000,000
...and 20 more grants made totalling $31,149,542

Personnel at Musk Foundation

NameTitleCompensation
Jared BirchallSecretary$0

Financials for Musk Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,245,989,389
Investment income and dividends$6,861,743
Net rental income$0
Net gain from sale of non-inventory assets$301,980,122
Gross sales of inventory$0
Miscellaneous revenues$11
Total revenues$2,554,831,265

Form 990s for Musk Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
Data update history
January 5, 2024
Posted financials
Added Form 990PF for fiscal year 2022
June 26, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 3, 2023
Updated personnel
Identified 1 new personnel
May 30, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
PO Box 341886
Austin, TX 78734
Metro area
Austin-Round Rock-Georgetown, TX
County
Travis County, TX
Website URL
muskfoundation.org/ 
Phone
(737) 235-6956
IRS details
EIN
85-2133087
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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