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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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
| Name | Latest title | Years | Organizations |
|---|---|---|---|
| Elon Musk | PRESIDENT & DIRECTOR | 2020-2024 | 3 |
| Jared Birchall | SECRETARY & TREASURER & DIRECTOR | 2020-2024 | 3 |
| Matilda Simon | DIRECTOR | 2021-2024 | 1 |
| Matilda Simon-Ferrigno (former) | DIRECTOR | 2020 | 1 |
People by year
2024 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ELON MUSK | PRESIDENT & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| JARED BIRCHALL | SECRETARY & TREASURER & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| MATILDA SIMON | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
2023 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ELON MUSK | PRESIDENT & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| JARED BIRCHALL | SECRETARY & TREASURER & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| MATILDA SIMON | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
2022 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ELON MUSK | PRESIDENT & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| JARED BIRCHALL | SECRETARY & TREASURER & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| MATILDA SIMON | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
2021 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ELON MUSK | PRESIDENT & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| JARED BIRCHALL | SECRETARY & TREASURER & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| MATILDA SIMON | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
2020 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ELON MUSK | PRESIDENT & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| JARED BIRCHALL | SECRETARY & TREASURER & DIRECTOR | 1 | $0 | - | $0 | $0 | 3 |
| MATILDA SIMON-FERRIGNO | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
2024 · 1 contractor · $65K
| Name | Location | Service | Paid |
|---|---|---|---|
| CATALYST FAMILY OFFICE LLC | AUSTIN, TX | ACCOUNTING | $64,746 |
2023 · 1 contractor · $52K
| Name | Location | Service | Paid |
|---|---|---|---|
| CATALYST FAMILY OFFICE LLC | MENLO PARK, CA | ACCOUNTING | $52,062 |
2022 · 2 contractors · $269K
| Name | Location | Service | Paid |
|---|---|---|---|
| CATALYST FAMILY OFFICE LLC | MENLO PARK, CA | ACCOUNTING | $161,579 |
| WITHERS BERGMAN LLP | NEW HAVEN, CT | LEGAL | $107,848 |
2021 · 1 contractor · $113K
| Name | Location | Service | Paid |
|---|---|---|---|
| WITHERS BERGMAN LLP | NEW HAVEN, CT | LEGAL | $113,340 |
2020 · 1 contractor · $77K
| Name | Location | Service | Paid |
|---|---|---|---|
| WITHERS BERGMAN LLP | NEW HAVEN, CT | LEGAL | $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
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | ELON MUSK | Person | AUSTIN, TX | $73,911,830 | $73,911,830 | Form 990PF Sch. B, 2024 · filing |
2022 · 1 contributor · $2.25B
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 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
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 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.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990PF | ||||||||
| $94,680,190 | $474,745,343 | $462,970,680 | $462,970,680 | $73,911,830 | - | $0 | - | - |
| 2023 · Form 990PF | ||||||||
| $20,491,653 | $237,275,888 | $536,153,034 | $536,153,034 | - | - | $0 | - | - |
| 2022 · Form 990PF | ||||||||
| $2,554,831,265 | $165,521,865 | $650,716,295 | $650,716,295 | $2,245,989,389 | - | $0 | - | - |
| 2021 · Form 990PF | ||||||||
| $6,029,889,623 | $166,931,758 | $379,579,235 | $379,579,235 | $5,703,165,040 | - | $0 | - | - |
| 2020 · Form 990PF | ||||||||
| $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
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $474,745,343 | 100% |
2023 · Form 990PF · $237,275,888 spent · pay $0 · grants $236,621,463 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $237,275,888 | 100% |
2022 · Form 990PF · $165,521,865 spent · pay $0 · grants $160,461,913 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $165,521,865 | 100% |
2021 · Form 990PF · $166,931,758 spent · pay $0 · grants $159,938,705 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $166,931,758 | 100% |
2020 · Form 990PF · $10,261,584 spent · pay $0 · grants $10,150,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $10,261,584 | 100% |