About Musk Foundation
The foundation concentrates its giving on K–12 school operations and STEM/computer-science education, primarily in Texas, while also funding technology-for-good prizes, disaster and humanitarian response, and targeted health initiatives. Grants skew large and strategic—supporting a small set of repeat recipients and high-profile national organizations alongside local school districts and community projects. Its portfolio mixes multi-million dollar place-based investments in Austin/Texas education and housing with mission-driven national gifts for carbon removal, coding education, and disaster relief.
Focus Areas
K–12 school operations and district support in Texas (operations, program support, capital)Computer science and coding education (K–12 curricula, coding nonprofits, digital literacy)Large-scale technology & innovation prizes for climate/carbon removalDisaster relief and humanitarian food/aid response (Team Rubicon, World Central Kitchen, Operation BBQ Relief)Local health systems and community health initiatives in Texas
Who They Fund
K-12 students (including underserved students and schools)higher-education students, researchers, and universities
About Musk Foundation
Musk Foundation’s largest recent awards go to school operations and programs, with two 2025 grants in Austin totaling more than $354 million to “The Foundation - See Attachment A.” That pattern sits at the center of the foundation’s portfolio: large, strategic support for K–12 school operations in Texas, paired with sizable gifts for computer science education, carbon-removal technology, and selected health and community projects. The foundation also gave $89.9 million in 2023 and $102.3 million in 2024 to the same school-operations recipient family, showing a multi-year commitment rather than isolated gifts. Beyond education, the foundation has backed high-dollar national organizations and place-based Texas institutions. Recent examples include a $54 million grant to X Prize Foundation Inc for technological development for carbon removal, a $7.2 million grant to Baylor Scott & White Healthcare for health initiatives, and a $5 million grant to Austin Habitat for Humanity for affordable housing and community development. The recent record also includes gifts to universities, digital-literacy groups, disaster-relief organizations, and school systems, indicating a portfolio that mixes operating support with targeted program funding.
What Musk Foundation Funds
K–12 school operations are the clearest focus. In 2025, Musk Foundation gave $205,784,489 and $149,179,959 to “The Foundation - See Attachment A” in Austin for school operations and programs, and also made a $10 million grant in 2023 to “The Foundation” in Houston for the same purpose. Computer science and coding education is another recurring area. The foundation gave $7 million to Khan Academy for computer science work and unfinished learning programs, $4 million to Hack Foundation for coding education, and $2.13 million to Codeorg for access to and participation in computer science in schools. It also funds climate-tech and emergency response. X Prize Foundation Inc received $54 million in 2024 and $5.45 million in 2025 for technological development for carbon removal. For disaster relief, the foundation gave $2.4 million to The St Bernard Project Inc in New Orleans.
How Musk Foundation Gives
Typical grant sizes are large: the 25th percentile is $52,725, the median is $277,500, and the 75th percentile is $1,212,425. The recent record includes many grants in the millions, alongside a smaller set of program-support awards and public-charity gifts routed through Fidelity Charitable. The portfolio also shows repeat recipients across multiple years, especially in school operations and carbon-removal prizes. Musk Foundation is classified as a regular funder, and it funds individuals as well as organizations.
Financial Snapshot
Annual Giving
$871.4M
Total Assets
$463M
Total Revenue
$94.7M
Total Expenses
$474.7M
Typical Grant Size
Most grants fall between $53K and $1.2M, with a median of $278K.
25th Percentile
$53K
Median
$278K
75th Percentile
$1.2M
Geographic Reach
National13 states funded
About 45% of grants go to recipients in TX.
Funding intensity
LowHigh
Headquarters
Funding intensity
LowHigh
Where Musk Foundation Funds
Top 2 recipient countries by grant volume for Musk Foundation.
| Rank | Country | Grants | Total | Share |
|---|---|---|---|---|
| 1 | United StatesDomestic | 130 | $870.7M | 98.5% |
| 2 | Germany | 2 | $2.3M |
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