THE FOUNDATION
AI Summary
THE FOUNDATION is a nonprofit focused on elementary and secondary education with a mission to create schools dedicated to STEM education at the highest levels. In filing year 2025, it reported an operating budget of $767.6K and total revenue of $409.2M, with major funding from MUSK FOUNDATION and THE DAVID AND SUSAN STRAUSS FOUNDATION.
Mission Statement
TO CREATE SCHOOLS DEDICATED TO STEM EDUCATION AT THE HIGHEST LEVELS.
Cause Areas
1
Elementary and secondary education
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 3 funders
- 4 board & team members
- 2 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is THE FOUNDATION’s budget?
In 2024, THE FOUNDATION reported an annual operating budget of around $86 thousand. More detailed financial information is available to registered users.
What causes does THE FOUNDATION support?
THE FOUNDATION supports work in Elementary and secondary education.
Where does THE FOUNDATION operate?
THE FOUNDATION is headquartered in Austin, TX.
Who funded THE FOUNDATION recently?
In 2025, THE FOUNDATION received grants from THE DAVID AND SUSAN STRAUSS FOUNDATION, MUSK FOUNDATION, and MUSK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE FOUNDATION received in 2023?
The largest grant to THE FOUNDATION in 2023 exceeds $34.8 million.