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The Musk Foundation

The foundation sent its third-largest grant, of over $7 million, to Baylor Scott & White Healthcare, the largest non-profit healthcare system in Texas, which operates a massive network of hospitals, patient care sites and the Baylor Scott & White Health Plan insurance company. Musk also doled out smaller gifts to other nonprofits, mostly focused on supporting health and education initiatives, and natural disaster relief. Musk Foundation has doled out more than $1.1 billion since 2010. It’s still sitting on assets of $14.7 billion, much of it likely in Tesla stock. The Foundation is ready to give out grant funds between $100,000 to $3 million to individuals/organizations that are interested in joining the registered verified list of donors and beneficiaries platforms. Here are some largest recipients of the Musk Foundation’s charitable giving in 2024: The Foundation Amount: $370 million (combining three separate donations) Cause: Funding for STEM-focused schools. Fidelity Charitable Amount: $35 million (combining two separate donations) Cause: Funding for undisclosed nonprofits. Baylor Scott & White Healthcare Amount: $7.1 million Cause: Support for one of the largest non-profit healthcare centers in the U.S. X Prize Foundation Amount: $5.4 million Cause: Funding for a prize rewarding innovation in carbon removal technology. Windward School Amount: $5 million Cause: Funding for the prep school in LA from which Musk’s son graduated in 2024. The Seton Fund Amount: $5 million Cause: Supporting health initiatives at associated medical centers in Texas. Austin Habitat for Humanity Amount: $5 million Cause: Funding for affordable housing and community development in Austin, Texas. Digital Harbor Foundation Amount: $3.2 million Cause: Funding to advance STEM education and youth digital literacy in Baltimore and across the U.S. #Tech #TechNews #Tesla #Foundation #Charity #CharityWorks #ElonMusk