THE FOUNDATION
AI Summary
THE FOUNDATION is a nonprofit organization focused on elementary and secondary education, with a mission to create schools dedicated to STEM education at the highest levels. In the 2024 fiscal year, it operates with an $85.6K budget and reported total revenue of $138.3M, supported by multiple funders, none of which provide 50% or more of its revenue. More information can be found on their website at www.adastraschool.org.
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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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.