Overview
The Musk Foundation, based in Austin, Texas, is a philanthropic organization led by Elon Musk, who serves as its President and Director. The foundation has significant assets totaling over $536 million, with expenses of approximately $237 million and revenue of about $20 million. Despite its substantial financial activities, the foundation's leadership, including Jared Birchall and Matilda Simon, receives no compensation. The foundation supports a wide range of cities across the United States, including major urban centers like New York, Los Angeles, and Washington, D.C., as well as smaller communities. It operates in various states such as California, Texas, and New York, although specific subject areas of funding are not detailed in the available information.
Focus areas
Geographic focus
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Financials
in 2024, compared to $650,716,295 in 2023
43 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $102,267,186 | THE FOUNDATION - SEE ATTACHMENT A | TO SUPPORT SCHOOL OPERATIONS AND PROGRAMS | PO BOX 341886 AUSTIN, TX US | 2024 |
| $89,941,380 | THE FOUNDATION - SEE ATTACHMENT A | TO SUPPORT SCHOOL OPERATIONS AND PROGRAMS | 700 MILAM STREET SUITE 1300 HOUSTON, TX US | 2023 |
| $55,000,000 | ST JUDE CHILDREN'S RESEARCH HOSPITAL | SUPPORT RESEARCH AND TREATMENT OF PEDIATRIC CATASTROPHIC DISEASES | 501 ST JUDE PLACE MEMPHIS, TN US | 2022 |
| $54,000,000 | X PRIZE FOUNDATION INC | SUPPORT TECHNOLOGICAL DEVELOPMENT FOR CARBON REMOVAL | 800 CORPORATE POINTE SUITE 350 CULVER CITY, CA US | 2022 |
| $54,000,000 | X PRIZE FOUNDATION INC | SUPPORT TECHNOLOGICAL DEVELOPMENT FOR CARBON REMOVAL | 10736 JEFFERSON BLVD SUITE 406 CULVER CITY, CA US | 2024 |
| $36,086,291 | FIDELITY CHARITABLE - SEE ATTACHMENT A | FOR SUPPORT OF PUBLIC CHARITIES | PO BOX 770001 CINCINNATI, OH US | 2023 |
| $34,808,757 | THE FOUNDATION | TO SUPPORT SCHOOL OPERATIONS AND PROGRAMS | PO BOX 341886 AUSTIN, TX US | 2024 |
| $25,000,000 | FIDELITY CHARITABLE | FOR SUPPORT OF PUBLIC CHARITIES | PO BOX 770001 CINCINNATI, OH US | 2024 |
| $10,000,000 | THE UNIVERSITY OF TEXAS AT AUSTIN | SUPPORT RESEARCH PROGRAMS | 110 INNER CAMPUS DRIVE AUSTIN, TX US | 2022 |
| $10,000,000 | THE FOUNDATION | TO SUPPORT SCHOOL OPERATIONS AND PROGRAMS | 700 MILAM STREET SUITE 1300 HOUSTON, TX US | 2023 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
EM
ELON MUSK
| PRESIDENT & DIRECTOR | $0 | 2022 |
JB
JARED BIRCHALL
| SECRETARY & TREASURER & DIRECTOR | $0 | 2022 |
MS
MATILDA SIMON
| DIRECTOR | $0 | 2022 |
EM
ELON MUSK
| PRESIDENT & DIRECTOR | $0 | 2023 |
JB
JARED BIRCHALL
| SECRETARY & TREASURER & DIRECTOR | $0 | 2023 |
MS
MATILDA SIMON
| DIRECTOR | $0 | 2023 |
EM
ELON MUSK
| PRESIDENT & DIRECTOR | $0 | 2024 |
JB
JARED BIRCHALL
| SECRETARY & TREASURER & DIRECTOR | $0 | 2024 |
MS
MATILDA SIMON
| DIRECTOR | $0 | 2024 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025