STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

MUSK FOUNDATION

2024 · Form 990PF · revenue $94.7M · expenses $474.7M · assets $463.0M

EIN
85-2133087
Address
PO BOX 341886, AUSTIN, TX 78734-0032
Website
WWW.MUSKFOUNDATION.ORG
NTEE code
T22
Subsection
501(c)(3)
Ruling year
2020
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

No one listed on these returns was paid.

Unpaid officers and directors · 4 people
NameLatest titleYearsOrganizations
Elon Musk PRESIDENT & DIRECTOR2020-2024 3
Jared Birchall SECRETARY & TREASURER & DIRECTOR2020-2024 3
Matilda Simon DIRECTOR2021-2024 1
Matilda Simon-Ferrigno (former) DIRECTOR2020 1

People by year

2024 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ELON MUSK PRESIDENT & DIRECTOR1 $0-$0 $03
JARED BIRCHALL SECRETARY & TREASURER & DIRECTOR1 $0-$0 $03
MATILDA SIMON DIRECTOR0 $0-$0 $01
2023 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ELON MUSK PRESIDENT & DIRECTOR1 $0-$0 $03
JARED BIRCHALL SECRETARY & TREASURER & DIRECTOR1 $0-$0 $03
MATILDA SIMON DIRECTOR0 $0-$0 $01
2022 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ELON MUSK PRESIDENT & DIRECTOR1 $0-$0 $03
JARED BIRCHALL SECRETARY & TREASURER & DIRECTOR1 $0-$0 $03
MATILDA SIMON DIRECTOR0 $0-$0 $01
2021 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ELON MUSK PRESIDENT & DIRECTOR1 $0-$0 $03
JARED BIRCHALL SECRETARY & TREASURER & DIRECTOR1 $0-$0 $03
MATILDA SIMON DIRECTOR0 $0-$0 $01
2020 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ELON MUSK PRESIDENT & DIRECTOR1 $0-$0 $03
JARED BIRCHALL SECRETARY & TREASURER & DIRECTOR1 $0-$0 $03
MATILDA SIMON-FERRIGNO DIRECTOR0 $0-$0 $01

Highest-paid independent contractors

2024 · 1 contractor · $65K
NameLocationServicePaid
CATALYST FAMILY OFFICE LLCAUSTIN, TXACCOUNTING$64,746
2023 · 1 contractor · $52K
NameLocationServicePaid
CATALYST FAMILY OFFICE LLCMENLO PARK, CAACCOUNTING$52,062
2022 · 2 contractors · $269K
NameLocationServicePaid
CATALYST FAMILY OFFICE LLCMENLO PARK, CAACCOUNTING$161,579
WITHERS BERGMAN LLPNEW HAVEN, CTLEGAL$107,848
2021 · 1 contractor · $113K
NameLocationServicePaid
WITHERS BERGMAN LLPNEW HAVEN, CTLEGAL$113,340
2020 · 1 contractor · $77K
NameLocationServicePaid
WITHERS BERGMAN LLPNEW HAVEN, CTLEGAL$77,296

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 55 grants to organizations · $474.3M
2023 · 43 grants to organizations · $236.6M
2022 · 31 grants to organizations · $160.5M
2021 · 42 grants to organizations · $159.9M
2020 · 4 grants to organizations · $10.2M · 1 returned · -$50K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2024 · 1 contributor · $73.9M
#ContributorTypeCity, stateTotalNoncashSource
1 ELON MUSK Person AUSTIN, TX $73,911,830$73,911,830 Form 990PF Sch. B, 2024 · filing
2022 · 1 contributor · $2.25B
#ContributorTypeCity, stateTotalNoncashSource
1 ELON MUSK Person AUSTIN, TX $2,245,989,389$2,245,989,389 Form 990PF Sch. B, 2022 · filing
2021 · 1 contributor · $5.70B
#ContributorTypeCity, stateTotalNoncashSource
1 ELON MUSK Person AUSTIN, TX $5,703,165,040$5,703,165,040 Form 990PF Sch. B, 2021 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$94,680,190$474,745,343 $462,970,680$462,970,680 $73,911,830- $0--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$20,491,653$237,275,888 $536,153,034$536,153,034 -- $0--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$2,554,831,265$165,521,865 $650,716,295$650,716,295 $2,245,989,389- $0--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$6,029,889,623$166,931,758 $379,579,235$379,579,235 $5,703,165,040- $0--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$155,888,188$10,261,584 $217,338,090$217,338,090 -- $0--

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990PF · $474,745,343 spent · pay $0 · grants $474,325,312 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $474,325,312 99.9%
Other expenses $218,845 0.0%
Taxes $80,000 0.0%
Fees: accounting $64,746 0.0%
Fees: legal $56,130 0.0%
Fees: other professional $310 0.0%
Total$474,745,343100%

View the filing

2023 · Form 990PF · $237,275,888 spent · pay $0 · grants $236,621,463 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $236,621,463 99.7%
Taxes $400,000 0.2%
Other expenses $169,403 0.1%
Fees: accounting $61,062 0.0%
Fees: legal $23,660 0.0%
Fees: other professional $300 0.0%
Total$237,275,888100%

View the filing

2022 · Form 990PF · $165,521,865 spent · pay $0 · grants $160,461,913 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $160,461,913 96.9%
Taxes $4,630,300 2.8%
Other expenses $162,429 0.1%
Fees: accounting $161,579 0.1%
Fees: legal $105,539 0.1%
Fees: other professional $105 0.0%
Total$165,521,865100%

View the filing

2021 · Form 990PF · $166,931,758 spent · pay $0 · grants $159,938,705 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $159,938,705 95.8%
Taxes $6,500,000 3.9%
Other expenses $321,390 0.2%
Fees: legal $115,253 0.1%
Fees: accounting $55,029 0.0%
Fees: other professional $1,381 0.0%
Total$166,931,758100%

View the filing

2020 · Form 990PF · $10,261,584 spent · pay $0 · grants $10,150,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $10,150,000 98.9%
Fees: legal $87,083 0.8%
Other expenses $22,751 0.2%
Fees: accounting $1,750 0.0%
Total$10,261,584100%

View the filing