Where your heart leads, your giving can follow. BCIC is proud to have a program that is open and inclusive to all business owners who dream of having their product or service in the 2nd most historic downtown district in Texas. We collaborate with donors, grantees, advisors and individuals to identify issues that are most important to the people of Muskegon County. Find company research, competitor information, contact details & financial data for LYCEE GEN TECHNOL AGRICOLE LE PARACLET of COTTENCHY, HAUTS DE FRANCE. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. In 2015, the foundation donated $10 million to the Future of Life Institute, which works on reducing global catastrophic and existential risk from powerful technologies. On January 21, 2021, Musk announced, via a tweet, that he is donating $100M towards a prize for best carbon capture technology. According to XPRIZE Foundation, which is running the competition, the Innovation Prize will run for four years, from April 22, 2021 (Earth Day) through Earth Day 2025. Neither Elon nor Kimbal has ever accepted any compensation for their work with the foundation, nor are there any other salaried staff at the organization, filings indicate. Follow us for more interesting Elon Musk stories & news:Google News|Flipboard|RSS (Feedly), Iqtidar has been writing about Tesla, Elon Musk, and EVs for more than 3 years on XAutoWorld.com, many of his articles have been republished on CleanTechnica and InsideEVs, maintains a healthy relationship with the Tesla community across the Social Media sphere. All grant application entries become the property of the Community Foundation for Muskegon County. To help you along in your grant-seeking quest, we are providing you with a list of funders that are similar to the Musk Foundation that may be a better fit. Musk launched his foundation in 2001, together with his younger brother Kimbal, who would serve as the organizations secretary and treasurer. The Musk Foundation has made small contributions to a handful of right-of-middle nonprofits. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information. BROWNSVILLE, Texas (ValleyCentral) On Wednesday, Brownsville Independent School District announced a $2.5 million donation from the Elon Musk Foundation . As with many other of his achievements, Musk has publicly touted his charitable activities, whether during the Flint water crisis or amid international efforts to rescue a young soccer team trapped in a Thai cave. If the answer is no, dont worry! Here are 3 key things that Instrumentls 990 tool can show you to help you figure out if applying to the Musk Foundation is a good use of your time. Some of the Musk Foundations donations have generated controversy. While the Musk Foundation website lists five distinct priority funding areas, realistically all of those areas boil down to the same thing: support for science research. But should you pursue their grants? Lets also take a look at the number of grants awarded by the foundation.. There were This day, launched by the W.K. Click here for more information about Teacher Mini-Grants. Instrumentl pulls the funders key financial information from their 990 forms and displays them in easy-to-read bar graphs. Musk Foundation Austin, TX, United States www.muskfoundation.org + Contact Info Contact Maps and Charts Funding Interests Grant Information Recipient Profiles Applications/RFPs Financials Who's Who - Officers and Staff News, Social Media and Publications About Purpose and Activities Was Elon Musk a scholar? 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. Global Green has received multiple donations, including one worth $45,980 in 2007. Tech Scholarship, 100% tuition-paid scholarship for the community, Scholarship with Lifetime Career Support, $2,500 Scholarship No Essay Deadline: 2023, Scholarships with no Essay Win Money for College, Win Free Scholarships Enter To Win $10,000 Today, Does SpaceX offer scholarships?, Did Elon Musk receive a scholarship? Tesla CEO Elon Musk announced that his private foundation, The Musk Foundation, plans to donate directly to families. Khan admires Elon Musk's efforts and support. The Musk Foundation noted that Elon Musk has no involvement in Big Green and was unaware of any payments to Kimbal. The website of Elon Musks private charitable foundation. Copyright 2023 InfluenceWatch. Multidisciplinary Association for Psychedelic Studies. Its website is minimal and does not provide a clear way to contact either Elon Musk or Jared Birchall, treasurer of the foundation and the only other known staff member other than Musk himself. His brother, Kimbal Musk, is secretary and treasurer. Private Foundation Excise Taxes on Undistributed Income, Gifts from Private Foundations to Donor Advised Funds, In Support of Los Angeles Firefighters and Fire Stations, For Covid-19 Antibody Seroprevalance Study, Net gain from sale of non-inventory assets. of COTTENCHY, HAUTS DE FRANCE. Communicate your ideas and projects with us at grants@muskegonfoundation.org we want to share your great ideas! The final criteria is the length of time that the removed carbon is locked up for. 1 The brothers are the foundations sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. All rights reserved. There were 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. Another key contributor to poverty is the lack of financial literacy. MEET THE TEAMS Filter Teams Musk grew up in South Africa but moved to Canada at the age of 17 after obtaining citizenship through his mother. Hopefully, details to be announced next month. Funding by NTEE codes is by far the most important factor to consider in funder evaluation. Applications are now open! Performance & security by Cloudflare. The libertarian assumes tank Cato Institute acquired $5,000 in 2007. The best Tesla, SpaceX, and Elon Musk news resource. Using Form 990s, Instrumentl shows you key information about a foundation's historical giving such as their past grantees, average grant amounts, giving frequency, location preferences, and current board members. Here are a few examples of recent grantees making a difference in our community: To view an infographic exploring the impact of CESGs from 2022, click here. Determining if your organization or project is located in a state or region that has been historically represented in the foundations giving portfolio is helpful information to have as you determine funder fit. But should you pursue their grants? According to local news, the Musk Foundation gave $459,000 to IDEA schools in Cameron County on April 19, 2021. Avoid scams. In other words, if an aircraft is able to carry 1 ton, it will take 10,000 aircraft carriers to lift a gigaton. To learn more about the Community Empowerment Small Grants program, click here. First, lets take a peek at the funders giving trends over the last few years. Jocelyn Hines, 231.332.4118, Grant Application Overview 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. Grant Application Guide After reading through all this information, you may have decided that the Musk Foundation isnt a great fit for your project or organization. [16] In 2018, a spokesperson for Musk announced that Musk had donated $6 million to the environmental group the Sierra Club, and wanted the donation to be made public by the environmentalist organization. If you have any questions, please reach out to Jocelyn Hines at jocelyn@muskegonfoundation.org or 231-332-4118. in 2020. 6 Drew Millard of the Outline wrote in 2018 that the timing of the donation allowed Musk to avoid taxes and to avoid ceding shares to his second wife, who filed for divorce in the spring of 2016. 24 Their investigation found that the Foundation frequently donated to charities in which Musks family and/or his companies have financial and other interests. Sam Altman, president of Y Combinator, a Silicon Valley accelerator that has helped to launch hundreds of technology start-ups, attends a conference in Dresden, Germany, in 2016. Public Safety, Disaster Preparedness & Relief receives the lowest amount of funding, with only $250,000.. 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. 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. Im going to focus more on the Musk Foundation especially because it was something that came up in my interview with Elon Musk at the beginning of this month. Teams can submit entries across natural, engineer and hybrid solutions. Their insider tips may not be public knowledge and may help you increase your likelihood of getting funded. Rememberthese are just two metrics that we will consider as we evaluate funder fit. Want updates when Musk Foundation has new information, or want to find more organizations like Musk Foundation? None of Musks charitable decisions are particularly uncommon for a billionaires private foundation, said Harvey Dale, director of the National Center on Philanthropy and the Law at New York University. The Musk Foundation helps businesses that push a left-of-middle agenda, in particular environmentalist businesses. in 2012. Funded by @elonmusk, its the largest in history. However, a mailing address and phone number for the foundation are provided below. Instrumentl makes it easy to connect with these insiders with its past grantees feature.. Tax paid with application for extension of time to file (Form 8868) $7,000: $0: $0: Backup withholding erroneously withheld: $0: $0: $0: . Tesla Owners Silicon Valley (@teslaownersSV) July 8, 2022. By supporting projects that reflect the needs and diversity of our region, we work to create positive change throughout our shared community. This is promising! 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). Kellogg Foundation, encourages community members to reflect on and create solutions to combat inequities in our community. They convinced him to give a Q&A to Hack Club members and secured a donation for the organization. Musk also donated $50 million to the childrens charity St Jude in honor of the successful SpaceX flight in September 2021. 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. Awards will be paid directly to the church and a final grant report will be required. To win the competition, teams must demonstrate a rigorous, validated scale model of their carbon removal solution, and further must demonstrate to a team of judges the ability of their solution to economically scale to gigaton levels. It makes grants to support 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. Open AI's tax filings show. Grantseekers may have more success getting Musks attention by tweeting at him, which has worked in the past. 3 awards Judges in the competition will evaluate the teams based upon four basic criteria: A working carbon removal prototype that can be rigorously validated and capable of removing at least 1 ton per day. The brothers are the basis's sole officers; Elon Musk is president and board director and Kimbal Musk is secretary, treasurer, and board director. Not good news! They received no compensation from the Foundation in 2016. There are many fantastic (and FREE) resources to help you formulate your plan a great place to start iswww.nonprofitvote.org. The website of NASA visually explains how big is a gigaton, roughly equal to a sheet of ice placed on top of Central Park in Manhattan stacked 1,119 feet high. This is where Instrumentl comes in! This organization did not e-file for 2018 2019, so Instrumentl is unable to provide 990 insights. Expenses: $582,908 But, if Musk continues to use Vanguard, it would make his already secretive foundation even less transparent in future years. Despite Musks early skepticism about the severity of the COVID-19 pandemic, the foundation donated $5 million to two Boston-area researchers to further their work on the coronavirus, including for vaccines and diagnostic tools. Artists for Peace and Justice acquired $129,708. June 07, 2017. Play in the park (summer program), Holy Trinity COGIC Center Reading is Fun! The Musk Foundation plans to donate directly to families, Tesla Cybertruck production machines already being ordered: report, Volvo follows in Stellantis footsteps and departs from ACEA. Add this when there is little to no understanding of the alignment between you and the Musk Foundation. The group was lobbying for improvements to the notoriously congested Interstate 405 highway that Musk uses regularly to commute from his Bel-Air home to SpaceX. At the time, it was just an announcement, now further details and how to apply for the grant have emerged. Im planning to increase childcare benefits at my companies significantly. Musk gave his organization 30,000 eBay shares, worth $2.1m. in 2016. Add this where there is an evident close alignment between you and the Musk Foundation. XPRIZE web page for Elon Musks $100M donation details the following key points that can help a team win the prize. Gigaton (or gigatonne) is a unit of measuring mass that equals a billion metric tons. Assets: $57,371, The Musk Foundation is a private grantmaking foundation founded in 2002 by technology entrepreneur Elon Musk and his brother, Kimbal. Add this when the Musk Foundation's funding for your niche lies below your desired amount. IV held on to this idea for 16years. Musk signed a pledge last year promising to give away half of his fortune, and was recently named the richest . 51.38.238.251 The following May, Musk donated 1.2m shares of Tesla Motors, valued at nearly $255m at the time. Even the foundation giving money to Big Green, which in turn paid Kimbal, may not be problematic. Angelenos Against Gridlock is now defunct, and Musk has turned his attention to building tunnels to whisk Tesla electric cars swiftly beneath the citys traffic instead. He attended the Queen's School of Business before transferring to the University of Pennsylvania's Wharton School, where he received his bachelor's. Over the last 3 years, 53% of the Musk Foundations grant awards have gone to new grantees. Funded by Elon Musk and the Musk Foundation, this $100M competition is the largest incentive prize in history, an extraordinary milestone. Thats ok! FILE - SpaceX's Starship turns after its launch from Starbase in Boca Chica, Texas, Thursday, April 20, 2023. New York is the next most heavily represented state, having received 10 awards. Make sure to round your cumulative score to the nearest 10th. Why is this information so important? You can see by the downward trend that their giving has reduced by 50% since 2017, dropping from nearly $48 million to $23 million. One of the Community Foundations strategic goals is to enhance community trust and promote prosperity for all. Other explicitly left-wing businesses that have acquired investment are theWilliam J. Clinton Foundation,People for the American Way Foundation, andTransgender Law Center. By using Instrumentls NTEE Codes breakdown, you can review how the Musk Foundation allocates its funds. Our grants. Disclaimer: Not affiliated or officially linked with Tesla Inc. in any way. It has consistently given to the Crossroads School for Arts and Sciences, Ad Astra School, and The Windward School, all in California. Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Education receives the highest amount of funding, with $1.1 million. Keep reading to learn even more factors that you should consider! It is supported by Elon Musk and located in Austin, TX. 2023 Nonprofit Metrics LLCTerms of Service and Privacy Policy. 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. With a focus on educational scholarships, study grants, and other various charitable programs. 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. The Musk Foundation has selected XPRIZE.org to manage this fund which is the largest-ever prize for the cause donated by an individual. While this may seem promising, it should be considered in relation to the total giving data we reviewed above. Its 2016 IRS filing (Form 990) indicates that its biggest donation that yr turned into $37,798,322 and went to donor-suggested fund company Vanguard Charities. While National Day of Racial Healing mini-grants are now closed, we encourage you to continue the work of racial healing by exploring the action kits and taking action in your community. The spring 2023 deadline has passed Committee Grants will open again in the summer of 2023, with a September grant deadline. A minimum goal of 100 years is desired. According to its website, the Musk Foundation makes offers in help of 5 areas, a number of which intersect with Musks enterprise ventures: renewable strength studies and advocacy, human area exploration studies and advocacy, pediatric studies, technological know-how and engineering education, and improvement of secure synthetic intelligence to gain humanity. OVERVIEW: The Musk Foundation is the personal philanthropic organization of Elon Musk. We accept funding requests up to $25,000 year-round. Find company research, competitor information, contact details & financial data for I.N.E.L. Advancing justice starts with supporting the individuals . All Rights Reserved. Also in 2016, the Musk Foundation made its largest disbursement to date, giving $37.8m to Vanguard Charitable. The organization did not initially respond to a request for comment. In fact, as you can see in the above graph, 100% of grants in 2017 and in 2020 were awarded to new grantees. Making higher education more accessible for hundreds of area students is an investment in the future of our youth and our community. The foundation has also gifted $5 million to the online Khan Academy. For more information and access to the action kits, visit https://healourcommunities.org/day-of-racial-healing/. Instrumentls 990 pages will be updated automatically as soon as the IRS releases this information. The teams ability to demonstrate to the judges that their solution can economically scale to the gigaton level. Florida, Maine, North & South Carolina, and Indiana are among states that are not historically represented and have not received grant awards from the Musk Foundation.
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