https://howitunfolded.com/companies/musk-foundation/Ongoing. The foundation’s 2020 to 2024 tax returns document assets and charitable disbursements. XPRIZE’s 2021 to 2025 announcements trace its foundation-funded carbon-removal competition from launch to final awards.enhttps://howitunfolded.com/companies/musk-foundation/#e8musk-foundation-ebe874ce5dWed, 23 Apr 2025 12:00:00 +0000XPRIZE announced Mati Carbon as the $50 million grand-prize winner. The organizer also named runners-up and other awardees. These final awards followed the student and milestone rounds within the $100 million competition.https://howitunfolded.com/companies/musk-foundation/#e7musk-foundation-96515f871cMon, 01 Jul 2024 12:00:00 +0000For 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.https://howitunfolded.com/companies/musk-foundation/#e6musk-foundation-954b5aca32Sat, 01 Jul 2023 12:00:00 +0000The 2023 return reports $236,645,423 in qualifying distributions and year-end assets of $9,452,177,174 at fair market value. These figures describe that tax year rather than the later filing year.https://howitunfolded.com/companies/musk-foundation/#e5musk-foundation-c7006f65f2Fri, 22 Apr 2022 12:00:00 +0000XPRIZE announced $1 million awards for each of 15 teams. The $15 million milestone round was part of the existing carbon-removal competition.https://howitunfolded.com/companies/musk-foundation/#e4musk-foundation-347b84b94fFri, 01 Jul 2022 12:00:00 +0000For tax year 2022, the return reports $2,245,989,389 in contributions and $160,567,914 in qualifying distributions. Year-end fair market assets were $5,050,765,516.https://howitunfolded.com/companies/musk-foundation/#e3musk-foundation-cce4d5d8daWed, 10 Nov 2021 12:00:00 +0000XPRIZE announced 23 student teams as winners in a $5 million competition within the wider $100 million program.https://howitunfolded.com/companies/musk-foundation/#e2musk-foundation-94e553a928Mon, 08 Feb 2021 12:00:00 +0000XPRIZE announced a four-year carbon-removal competition funded by Elon Musk and the Musk Foundation. The announced prize program was not a statement that all prize money had already been paid.https://howitunfolded.com/companies/musk-foundation/#e1musk-foundation-3ad86c58a5Thu, 01 Jul 2021 12:00:00 +0000The 2021 return reports $5,703,165,040 in contributions received and $160,085,353 in qualifying distributions. Contributions received by the foundation are distinct from grants it pays to others.https://howitunfolded.com/companies/musk-foundation/#e0musk-foundation-342c6ba964Wed, 01 Jul 2020 12:00:00 +0000For tax year 2020, the return reports year-end assets of $2,956,347,525 at fair market value and $10,237,958 in qualifying distributions. These are annual figures, not amounts paid on one date.