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The return reports $474 million in grants

Event 8 of 9 in How the Musk Foundation’s grants and carbon-removal prize unfolded

The event

2024
Turning point
Finding

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.

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