2 awards The left-leaning newspaperthe Guardiancarried out a radical exam of the Foundations donations in a January 2019 profile. They acquired no repayment from the Foundation in 2016. So when no one takes up the $100mill within 4 years the argument will be put to rest. Find out funders interests by seeing their top giving categories. One of the Community Foundations strategic goals is to enhance community trust and promote prosperity for all. Cloudflare Ray ID: 7c0be23f1859007a All funding requests are assessed on the project's alignment with the Foundation's strategic giving pillars, demonstrated need, expected impact, cost, and other . Tax rules state that private foundations must distribute 5% of their assets each year. Musk launched his foundation in 2001, together with his younger brother Kimbal, who would serve as the organizations secretary and treasurer. He also tweeted that he is increasing childcare benefits at his. We give grants to 501(c)(3) organizations, churches, schools, agencies, and governmental units serving the greater Muskegon County area. Ive worked hard to break that cycle, however, financial literacy and good spending habits should be commonly taught. Really, weve got to think beyond the United States. Its not too late to use human creativity, innovation, and competition to rewrite our history and create a better future for all of us on this planet we call home. of COTTENCHY, HAUTS DE FRANCE. Some of the Musk Foundations grants have benefited AI research, his brothers charity, his childrens school and his fight against LA traffic. The organization did not initially respond to a request for comment. We are working on providing unlimited resources that will answer and guide our readers on related topics but not limited to: The following May, Musk donated 1.2m shares of Tesla Motors, valued at nearly $255m at the time. Community Empowerment Small Grants (CESGs) are tools provided by the Community Foundation to build a vibrant community with great opportunities for all. Keep in mind that geographic location is only one of the many variables that should be taken into consideration when determining if the Musk Foundation is a good-fit funder. 2015. Who received these awards, and where are they located? Your submission has been received! I suspect he wants to focus on education. It has consistently given to the Crossroads School for Arts and Sciences, Ad Astra School, and The Windward School, all in California. 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 $100M XPRIZE Carbon Removal is now LIVE. Who received these awards, and where are they located? (Non-profit), New Venture Fund (NVF) 23, The left-leaning newspaper the Guardian conducted a thorough examination of the Foundations donations in a January 2019 profile. Making higher education more accessible for hundreds of area students is an investment in the future of our youth and our community. Public Safety, Disaster Preparedness & Relief receives the lowest amount of funding, with only $250,000. Each category is broken down into subcategories. 38 awards Get the latest business insights from Dun & Bradstreet. Their insider tips may not be public knowledge and may help you increase your likelihood of getting funded. Its better to find out now before you spend a lot of time and effort crafting a well-thought-out proposal. 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. Every gift makes a difference. However, 2020 saw a significant decrease in the giving average, with the amount falling down to $2.3 million. Tesla CEO Elon Musk announced that his private foundation, The Musk Foundation, plans to donate directly to families. Musk has long worried about the possibilities of superhuman, malevolent artificial intelligence, likening it to summoning the demon. Here you go! 3k+ grant writers have already subscribed. 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 had started organizing his charity givings more than a decade earlier. With a focus on educational scholarships, study grants, and other various charitable programs. $100 Million Prize Purse XPRIZE Carbon Removal is aimed at tackling the biggest threat facing humanity - fighting climate change and rebalancing Earth's carbon cycle. Kimbal Musk launched Kitchen Community, a Colorado-based charity, with the help of his brother, Elon. ^ Musk Foundation. Accessed May 30, 2018. http://www.muskfoundation.org/. Jocelyn Hines, 231.332.4118, Grant Application Overview The Musk Foundation said it has donated more than $1m worth of water filtration equipment and laptops to causes in Flint, Michigan. Teacher Mini-Grants Our Youth Advisory Council (YAC) invites school district employees to apply for mini-grants to help them out in the classroom. 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. The application of intent deadline is April 13, and the grant application deadline is April 27. Applications are now open! 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. Form 990s provide critical insight to know if a foundation is a good match for you or your organization. In fact, the foundations website consists of only 38 words, listing its funding interests. You can see by the downward trend that their giving has reduced by 50% since 2017, dropping from nearly $48 million to $23 million. Others, however, landed closer to home. 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). Accessed May 30, 2018. http://www.wired.co.uk/article/elon-musk-tesla-spacex-empire. TheSierra Club Foundation acquired $250,000 in 2014. After reading through all this information, you may have decided that the Musk Foundation isnt a great fit for your project or organization. See even more similar funders When I saw Elons tweet about how the Musk Foundation will help families directly, this literally made my heart sing. Funded by @elonmusk, its the largest in history. This information is helpful, but there is so much more that we can show you to help you determine if the Musk Foundation is a good-fit funder for your project. If it was possible he would already have an idea for how to make it work. It was no different for my own mother. http://www.wired.co.uk/article/elon-musk-tesla-spacex-empire, https://www.documentcloud.org/documents/5684176-2015-990.html, https://theoutline.com/post/5707/elon-musk-has-a-quarter-billion-dollars-of-tesla-shares-parked-in-a-non-profit, https://www.apnews.com/0375b52ee079460d8f1bb29799545a8d, https://www.documentcloud.org/documents/5684173-2012-990.html, https://www.documentcloud.org/documents/5684172-2011-990.html, https://www.citizenaudit.org/organization/770587507, https://www.savethechildren.org/us/search-results?googlecse=abortion#gsc.tab=0&gsc.q=abortion&gsc.page=1, https://www.documentcloud.org/documents/5684181-2005-990.html, https://nonprofitquarterly.org/2019/01/31/elon-musks-foundation-gives-37-8m-to-donor-advised-fund/, https://www.theguardian.com/technology/2019/jan/23/how-elon-musks-secretive-foundation-benefits-his-own-family, Bill, Hillary, and Chelsea Clinton Foundation Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. ^, elon musk scholarship for international students, Manager Waste Management at Malaria Consortium, Finance & Administration Manager at Malaria Consortium, Technical Lead Clinical Care at Malaria Consortium, Zonal Project Manager at Malaria Consortium, NNPC Limited / TotalEnergies MIT-Empowering the Teachers (MIT-ETT) 2023 Program. For example, the average grant amount for Adult Education projects is $1 million, while the average amount for Educational Services is only $2,500. This year, he promised to donate $30 million to Brownsville, Texas, the city nearest to a massive rocket hub run by his company SpaceX,. Recipients have included a school attended by Musks own children, a charity managed by his brother, a protest group fighting gridlock on Musks commute to SpaceX, and even an art project at Musks favorite festival, Burning Man. One thing I know for sure is that Elon will make sure the money is well spent and does the most good. Elon Musk's $5.7 Billion Donation Sparks Questions About Giving Glenn Gamboa and Haleluya Hadero, Associated Press February 22, 2022 Susan Walsh, AP Elon Musk does sometimes provide transparency about his donations. These days you can learn almost anything online. While the foundations average grant amount has increased overall in the past three years, you can see from the graph that there really isnt a stable trendso keep that in mind when using these funding insights to evaluate your funder fit. We should never judge people over the situations they find themselves in. Add this when there is little to no understanding of the alignment between you and the Musk Foundation. 41 awards IV held on to this idea for 16years. By mid 2015, the Musk Foundation was down to its last $60,000. Criterion #4: Add a score in the range of 0-2 to your funder score to indicate whether the Musk Foundations funding for your niche is what you desire., Theres no magic number to look for in terms of new versus repeat grantees, but we have found that having a 40% to 60% ratio is a good middle ground.. But, if Musk continues to use Vanguard, it would make his already secretive foundation even less transparent in future years. There were Nonprofit Quarterlyeditor-in-leader Ruth McCambridge criticized the donation due to the dearth of payout and transparency guidelines associated with donor-suggested fund providers. Musk gave his organization 30,000 eBay shares, worth $2.1m. Musk also donated $50 million to the childrens charity St Jude in honor of the successful SpaceX flight in September 2021. Search for staff contact info and bios in PeopleFinder(paid subscribers only). Tax paid with application for extension of time to file (Form 8868) $7,000: $0: $0: Backup withholding erroneously withheld: $0: $0: $0: . Starting in 2020, e-filings are required. The best tool for finding & organizing grants, 67 reviews | High Performer status on g2.com. Janelle Mair, 231.332.4116 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. Its 2016 IRS filing (Form 990) shows that its largest donation that year was $37,798,322 and went to donor-advised fund provider Vanguard Charities. in 2020. Heres a bonus tip! Rememberthese are just two metrics that we will consider as we evaluate funder fit. Its a win win troll. The Vancouver Methodist Foundation, based in Vancouver, Washington, is a Protestant-affiliated foundation that was formed in 1970.
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