Musk Foundation

Private foundation · Grantmaker Austin, TX EIN: 77-0587507

Musk Foundation is a private foundation, based in Austin, TX. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $1.7M. Net investment income was $61.3M.

Musk Foundation at a glance

In short: Musk Foundation gave $1.7M across 4 grants in 2021 (avg $416K), mostly in Ohio. Source: 2021 IRS Form 990-PF.

Annual giving (2021)
$1,664,300
-93.0% vs 2020
Grants made (2021)
4
-60.0% vs 2020
Average grant
$416,075
-82.4% vs 2020
Median grant
$100,000
Primary geography
Ohio (82% of itemized 2021 grant dollars)
Latest 990 filing
Form 990-PF, 2021 View filing

Data from IRS Form 990-PF, 2021; updated September 2026.

Who Musk Foundation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2021

Fidelity Charitable: $1.4MFidelity Charitable$1.4MCommunity Foundation of Southwest Louisiana: $100KCommunity Foundation ofSouthwest Louisiana$100KCajun Navy Relief Inc: $100KCajun Navy Relief Inc$100KThe St Bernard Project Inc: $100KThe St Bernard Project Inc$100K

The largest 2021 recipient was Fidelity Charitable ($1.4M). Together the top 4 received $1.7M.

Grant Size Distribution

14 grants across all recorded years

3<$50K2$50–100K3$100–250K1$250–500K1$500K–1M3$1–5M1$5M+

The most common grant size was under $50K: 3 grants of 14 (21%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2021 grant dollars across all 4 itemized grants.

Cities

Los AngelesCincinnatiNew OrleansArlingtonAustinFairfieldLake CharlesSan FranciscoSanta MonicaWest Hollywood

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M10 grants2020 4 grants2021

From 2020 to 2021, annual grant giving ranged from $1.7M (2021) to $23.6M (2020). In 2021 it made 4 grants totaling $1.7M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Charitable Cincinnati, OHFor Public Charity Support$1,364,300
Community Foundation of Southwest Louisiana Lake Charles, LAFor Hurricane Relief and Recovery$100,000
Cajun Navy Relief Inc New Orleans, LAFor Hurricane Relief$100,000
The St Bernard Project Inc New Orleans, LAFor Disaster Recovery$100,000
Your AI grants department

Ready to take the next step with Musk Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment IncomeDistributable Amount
2021—$61,287,799$2,841,853$1,664,3004$61,275,256$25,589,460
2020$11,903,899$16,600,467$23,665,728$23,614,18910$12,483,437$22,466,258

Under IRS private-foundation payout rules, Musk Foundation reported a distributable amount of $25.6M for 2021 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Musk Foundation is led by Elon Musk, President & Director on every filing since 2020; none of the 2 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • Elon Musk

    President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jared Birchall

    Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Musk Foundation

How much does Musk Foundation give each year?

Musk Foundation gave $1.7M across 4 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $23.6M across 10 grants.

What is Musk Foundation's typical grant size?

Musk Foundation's median grant in 2021 was $100,000, and its average grant was $416,075, across 4 grants on its 2021 IRS Form 990-PF.

Where does Musk Foundation give grants?

Musk Foundation gives mostly in Ohio: 82% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest state was Louisiana (18%). The most frequent recipient cities were New Orleans, LA (2 grants).

Does Musk Foundation give general operating support?

Not in 2021: none of the 4 grants with a stated purpose on Musk Foundation's 2021 IRS Form 990-PF were described as general or operating support.

How much is Musk Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Musk Foundation reported a distributable amount of $25.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Musk Foundation's EIN?

Musk Foundation's EIN (Employer Identification Number) is 77-0587507. IRS Form 990 filing data is available on this page for 2020–2021.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2021

Explore Open Grants

Browse active grant opportunities in Musk Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Texas

Greater Horizons

Kansas City, MO

Greater Horizons distributes donor-advised fund grants to eligible U.S. charities and institutions across a wide range of causes; international organizations may also be supported after additional due diligence. In 2024, its grants had a median of $15,000, though amounts varied widely. Grants are requested by fund holders, and no general application process for organizations seeking funding is described.

Assets

$2.8B

Grants

3,282

Total Given

$212.2M

California Community Foundation

Los Angeles, CA

The California Community Foundation supports nonprofits through discretionary and donor-directed grants, with discretionary priorities including education, health, housing and immigration, alongside other areas such as arts, civic engagement and economic opportunity. Its 2025 grants had a median of $50,000, and its work is focused on Los Angeles County; prospective discretionary applicants are asked to contact the relevant program officer before submitting a letter of intent.

Assets

$2.3B

Grants

2,174

Total Given

$326.6M

Jewish Community Foundation of Los Angeles

Los Angeles, CA

The Jewish Community Foundation of Los Angeles supports human services, health, education, Jewish life, arts and culture, Israel-related work, and nonprofit capacity and capital projects, with a focus on Los Angeles and also giving in Israel and beyond. Its 2024 itemized grants had a median of $25,000, though amounts varied widely. General Community grants are by invitation only and do not accept unsolicited applications; current procedures should be verified.

Assets

$1.2B

Grants

1,063

Total Given

$142.2M

Musk Foundation

Austin, TX

The foundation funds renewable energy, space exploration, pediatric research, science and engineering education, safe AI, and related initiatives such as housing and community development. Its 2024 grants ranged from $10,000 to $205.8 million, with a median grant of $1 million; most funding went to Texas, with smaller amounts to Ohio, California, Missouri, and Maryland. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$463.0M

Grants

55

Total Given

$474.3M

Communities Foundation of Texas Inc

Dallas, TX

Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

2,209

Total Given

$209.2M

Greater Houston Community Foundation

Houston, TX

The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.

Assets

$1.1B

Grants

1,724

Total Given

$232.3M

More similar funders

More Funders in Texas

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Musk Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Musk Foundation down — hundreds of funders to go?

Want AI to do this for you?