Private foundation (trust)EIN 852133087Est. 2020-09

MUSK FOUNDATION

AUSTIN, TX 78734

Total Assets

$9.5B

FY 2023

Annual Giving

$236.6M

FY 2023

Grants Made

43

FY 2023

Avg Grant

$5.5M

FY 2023

Grant Range

$10K–$102.3M

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$20.5M

Total Expenses

$237.3M

Qualifying Distributions

$236.6M

Distributable Amount

$424.0M

Min. Investment Return

$424.3M

Undistributed Income

$421.8M

Payout rate 56%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.56%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

43 grants

Grant sizes from minimum $10K through median $200K to maximum $102.3M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $236.6M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

79 grants

THE FOUNDATION - SEE ATTACHMENT A
$192.2M
2 grants
X PRIZE FOUNDATION INC
$58M
2 grants
THE FOUNDATION
$44.8M
2 grants
FIDELITY CHARITABLE - SEE ATTACHMENT A
$36.1M
1 grant
FIDELITY CHARITABLE
$25M
1 grant
KHAN ACADEMY
$12.5M
3 grants
HACK FOUNDATION
$5.2M
2 grants
BETH ISRAEL DEACONESS MEDICAL CENTER
$5M
1 grant

Grant Size Distribution

78 grants

<$10K
6
grants
$10–50K
13
grants
$50–250K
19
grants
$250K–1M
18
grants
$1–5M
14
grants
$5M+
8
grants

Geographic Focus

14 states

Texas
$249.7M
61% of total
California
$78.8M
19% of total
Ohio
$61.1M
15% of total
Massachusetts
$5.0M
1% of total
New York
$3.6M
1% of total
Washington
$2.7M
1% of total
Louisiana
$1.9M
0% of total
District of Columbia
$1.8M
0% of total
New Hampshire
$1M
0% of total
Georgia
$255K
0% of total

+4 more states

Ready to work on a proposal for MUSK FOUNDATION?

Open a draft with this funder pre-selected. Add guidelines when you have them.

Draft an application for MUSK FOUNDATION
Funder alerts

Track MUSK FOUNDATION

Get an email when Grantivo has new data for MUSK FOUNDATION, such as a fresh IRS filing, updated financials, or newly reported grants. No account needed.

Free. Unsubscribe anytime. Or create an account to draft an application.

MUSK FOUNDATION — Grants, Financials & Contact | Grantivo