Philanthropy of Elon Musk
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Elon Musk, the richest man in the world, has made many charitable contributions. He established the Musk Foundation in 2002 to distribute donations. Many of his charitable contributions are directed towards clean-energy projects.
Philanthropy[edit]
Musk Foundation[edit]
Musk is chairman of the Musk Foundation, which states its purpose is to provide solar-power energy systems in disaster areas as well as other goals.[1][2] Since 2002, the foundation has made over 350 contributions. Around half were to scientific research or education nonprofits. Notable beneficiaries include the Wikimedia Foundation, his alma mater the University of Pennsylvania, and his brother Kimball's Big Green.[3]
Vox described the foundation as "entertaining in its simplicity and yet is strikingly opaque", noting that's it website was only 33 words in plain-text.[4] The foundation has been criticized for the relatively small amount of wealth donated. From 2002 to 2018, it gave out $25 million directly to non-profits, nearly half of which went to Musk's OpenAI.[4]
The foundation was moved to Texas in 2020.[5]
Other charitable donations[edit]
Musk is a trustee of the X Prize Foundation,[6][7] and, in 2012, signed The Giving Pledge, promising to give at least half of his fortune to charity.[8][3]
In July 2014, Musk was asked by cartoonist Matthew Inman and William Terbo, the grandnephew of Nikola Tesla, to donate $8 million toward the construction of the Tesla Science Center at Wardenclyffe.[9] Musk agreed to donate $1 million toward the project and additionally pledged to build a Tesla Supercharger in the museum car park.[10] In January 2015, Musk donated $10 million to the Future of Life Institute to run a global research program aimed at keeping AI beneficial to humanity.[11][12]
In October 2018, in an effort to help solve the Flint water crisis, Musk and the Musk Foundation donated over $480,000 to install new water fountains with filtration systems for access to clean water at all Flint, Michigan schools.[13] As of 2019[update], approximately 30,000 children in all 12 area schools have free, safe drinking water from the water filtration systems.[14] Musk has been a top donor for the ACLU.[15] In October 2019, Musk donated $1 million to '#TeamTrees' a tree planting initiative to plant 20 million trees led by the YouTube community and in collaboration with Arbor Day Foundation.[16][17]
In January 2021, Musk donated $5 million to Khan Academy.[18] Later that month, Musk promised to donate $100 million as a prize to whomever developed the best carbon capture technology.[19][20][21] Musk claims to have anomylously donated over $6 million to environmental group, Sierra Club.[22] Musk has also given $1 million to the Obama Foundation.[23]
References[edit]
- ↑ "Musk Foundation". muskfoundation.org. Archived from the original on November 21, 2020. Retrieved December 13, 2020. Unknown parameter
|url-status=ignored (help) - ↑ Harris, Mark (January 23, 2019). "How Elon Musk's secretive foundation hands out his billions". The Guardian. London. Archived from the original on July 28, 2020. Retrieved September 3, 2020.
- ↑ 3.0 3.1 Cuccinello, Hayley C. (September 8, 2020). "Elon Musk Has Promised To Give At Least Half His Fortune To Charity. Here's How Much He's Donated So Far". Forbes. Archived from the original on December 13, 2020. Retrieved December 13, 2020. Unknown parameter
|url-status=ignored (help) - ↑ 4.0 4.1 Schleifer, Theodore (January 11, 2021). "The big decision before Elon Musk, now the richest person in the world". Vox. Retrieved February 17, 2021.
- ↑ Hull, Dana; Calkins, Laurel Brubaker (December 7, 2020). "Elon Musk Moves Foundation to Texas, Fanning Relocation Speculation". Bloomberg. Retrieved February 17, 2021.
- ↑ High, Peter (May 16, 2019). "Meet The Winners Of Elon Musk's $15 Million XPRIZE To End Global Illiteracy". Forbes. Archived from the original on November 7, 2020. Retrieved September 8, 2020. Unknown parameter
|url-status=ignored (help) - ↑ Feloni, Richard (March 21, 2018). "Silicon Valley could help the last people you'd expect — and Elon Musk has given $15 million to a contest that will prove it". Business Insider. Archived from the original on May 19, 2019. Retrieved September 8, 2020.
- ↑ Kroll, Luisa (April 19, 2012). "The Giving Pledge Signs on 12 More Wealthy Americans Including Tesla's Elon Musk And Home Depot's Arthur Blank". Forbes. Archived from the original on October 21, 2020. Retrieved December 13, 2020. Unknown parameter
|url-status=ignored (help) - ↑ "What it's like to own a Tesla Model S – Part 2". theoatmeal.com – The Oatmeal. Archived from the original on September 1, 2017. Retrieved December 13, 2020. Unknown parameter
|url-status=ignored (help) - ↑ Kumparak, Greg. "Elon Musk Donates Million to the Oatmeal's Nikola Tesla Museum". TechCrunch. AOL. Archived from the original on December 26, 2017. Retrieved November 4, 2015. Unknown parameter
|url-status=ignored (help) - ↑ Elon Musk donates M to keep AI beneficial, Future of Life Institute, 2015, archived from the original on February 28, 2018, retrieved January 20, 2015 Unknown parameter
|url-status=ignored (help) - ↑ "Elon Musk Donates M To Make Sure AI Doesn't Go The Way of Skynet". Mashable. 2015. Archived from the original on August 22, 2020. Retrieved June 21, 2015.
- ↑ Zdanowicz, Christina (October 8, 2018). "Flint schools are getting safe water fountains thanks to Elon Musk". CNN. Archived from the original on October 15, 2018. Retrieved October 14, 2018. Unknown parameter
|url-status=ignored (help) - ↑ "Elon Musk Is Now Providing Water Filtration to Flint Michigan Schools". October 12, 2019. Archived from the original on January 2, 2020. Retrieved January 1, 2020. Unknown parameter
|url-status=ignored (help) - ↑ Gonzalez, Oscar. "ACLU Thanks Elon Musk for Being a 'Top Donor'". Inverse. Archived from the original on November 9, 2020. Retrieved December 13, 2020. Unknown parameter
|url-status=ignored (help) - ↑ Cheok, Melissa (October 31, 2019). "Musk Donates 1 Million Trees to Global Reforestation Campaign". Bloomberg. Archived from the original on October 31, 2019. Retrieved November 18, 2019. Unknown parameter
|url-status=ignored (help) - ↑ Strub, Chris (October 29, 2019). "Elon Musk Donates $1 Million To #TeamTrees, Changes Twitter Identity To 'Treelon'". Forbes. Retrieved January 11, 2021.
- ↑ Elassar, Alaa (January 17, 2021). "Elon Musk donates $5 million to education group Khan Academy". CNN. Retrieved February 7, 2021.
- ↑ "$100M GIGATON SCALE CARBON REMOVAL". XPRIZE Foundation. Retrieved 9 February 2021.
- ↑ Popken, Ben (January 22, 2021). "Elon Musk to donate sliver of net worth for carbon capture". NBC News. Retrieved February 7, 2021.
- ↑ Clifford, Catherine (January 22, 2021). "Elon Musk is donating a $100 million prize for carbon capture technology — here's what that means". CNBC. Retrieved February 7, 2021.
- ↑ Eidelson, Josh (July 18, 2018). "Musk Asked Sierra Club to Help Deflect Fury Over Donation to GOP". Bloomberg. Retrieved February 17, 2021.
- ↑ Harris, Mark (January 23, 2019). "How Elon Musk's secretive foundation hands out his billions". The Guardian. Retrieved February 17, 2021.
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