Elon Musk’s Foundation Gives $37.8M to Donor-Advised Fund

RUTH MCCAMBRIDGE | January 31, 2019

Elon Musk’s Foundation Gives $37.8M to Donor-Advised Fund
The Guardian took on the philanthropy of Elon Musk this past week. After commenting on the brevity of his foundation’s website, which reads, “Grants are made in support of: renewable energy research and advocacy, human space exploration research and advocacy, pediatric research, science and engineering education, [and] development of safe artificial intelligence to benefit humanity,” it goes on to detail some of his grants, which range in size from a few thousand to millions of dollars and only sometimes reflect the intentions stated above. A look at the Foundation’s 990s, the reporter points out, shows that some donations “have benefited the billionaire’s own initiatives and, indirectly, his family, while others have tackled his pet peeves. Recipients have included a school attended by Musk’s own children, a charity managed by his brother, a protest group fighting gridlock on Musk’s commute to SpaceX, and even an art project at Musk’s favorite festival, Burning Man.” All of this is topped off by some traffic-related grants, in which Musk has an intense personal interest. Specifically, according to this article, the foundation paid out a total of $75,000 to a group called Angelenos Against Gridlock, which was advocating for improvements to the notoriously congested Interstate 405 highway that Musk uses regularly to commute from his Bel-Air home to SpaceX.

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