2024
Turning point
The return reports $474 million in grants
For tax year 2024, the foundation reports $474,325,312 in grants paid and $474,381,752 in qualifying distributions. Year-end assets were $14,733,241,124 at fair market value, compared with $462,970,680 in book value. The grants schedule includes $5,450,000 to X Prize Foundation for carbon-removal technology.
Sources and context
Read the response recorded in this timeline
- Musk Foundation Form 990-PF, tax year 2024First-party publication · Musk Foundation filing, IRS record rendered by ProPublica