Musk Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.7M
-93.0% YoY
Grant Count
4
-60.0% YoY
Avg Grant Size
$416K
-82.4% YoY
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.
About Musk Foundation
Based on IRS filings
Musk Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $11,903,899 |
| Revenue | $61,287,799 | $16,600,467 |
| Expenses | $2,841,853 | $23,665,728 |
| Qualifying Distributions | — | — |
| Net Investment Income | $61,275,256 | $12,483,437 |
| Distributable Amount | $25,589,460 | $22,466,258 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2021
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Fidelity Charitable ($1,364,300), Community Foundation of Southwest Louisiana ($100,000), Cajun Navy Relief Inc ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY CHARITABLE CINCINNATI, OH | FOR PUBLIC CHARITY SUPPORT | $1,364,300 |
| COMMUNITY FOUNDATION OF SOUTHWEST LOUISIANA LAKE CHARLES, LA | FOR HURRICANE RELIEF AND RECOVERY | $100,000 |
| CAJUN NAVY RELIEF INC NEW ORLEANS, LA | FOR HURRICANE RELIEF | $100,000 |
| THE ST BERNARD PROJECT INC NEW ORLEANS, LA | FOR DISASTER RECOVERY | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELON MUSK | PRESIDENT & DIRECTOR | 1 | — |
| JARED BIRCHALL | SECRETARY & TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Musk Foundation?
Musk Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds — in total assets as of 2021.
Where does Musk Foundation operate?
Musk Foundation has awarded grants in California, Connecticut, Louisiana, Ohio, Texas, Virginia.
What size grants does Musk Foundation award?
In 2021, Musk Foundation awarded 4 grants totaling $1.7M — an average of about $416K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Musk Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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