Michael & Susan Dell Foundation
- Assets
- $0.0
- Revenue
- $224.7m
- Investments
- $1.7b
- Employees
- 0
- Location
- Austin, TX
- Founding
- 09/2000
- Data as of
- 12/2020
- EIN
- 36-4336415
Organization Overview
Michael & Susan Dell Foundation is located in Austin, TX. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael & Susan Dell Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Michael & Susan Dell Foundation generated $224.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $178.3m during the year ending 12/2020. While expenses have increased by 6.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Michael & Susan Dell Foundation has awarded 996 individual grants totaling $510,696,915. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
DATA DRIVEN EDUCATION & ED-FITHESE DIRECT CHARITABLE ACTIVITIES SUPPORT THE DELIVERY OF MODERN, FLEXIBLE, POWERFUL AND ACTIONABLE STUDENT-CENTRIC EDUCATION DATA SYSTEMS FOR K-12 SCHOOLS THAT EDUCATORS CAN USE. THEY ALSO SUPPORT THE DEVELOPMENT OF THE ED-FI SOLUTION - THE ONLY FREE, FLEXIBLE AND COMPLETE ED-TECH SOLUTION TO EMPOWER EDUCATORS WITH RELEVANT, TIMELY INFORMATION THAT ENABLES BETTER DATA COLLECTION TO DRIVE HIGHER STUDENT OUTCOMES. THESE ACTIVITIES INCLUDE FUNDS TO HELP STABILIZE, STRENGTHEN, AND SUPPORT STATE ASSESSMENT AND ACCOUNTABILITY AMID THE CHALLENGES AND UNCERTAINTIES CREATED BY THE COVID-19 PANDEMIC. THEY ALSO SUPPORT THE CREATION AND IMPLEMENTATION OF AN EDUCATION DATA SYSTEM IN SOUTH AFRICA THAT WILL ADVANCE STUDENT OUTCOMES THROUGH DISTRICT MANAGEMENT TOOLS AND BEST PRACTICE SHARING.
GLOBAL SCHOLARSHIP/UNIVERSITY SUCCESSTHESE DIRECT CHARITABLE ACTIVITIES SUPPORT THE IMPLEMENTATION OF AND IMPROVEMENTS TO GLOBAL SCHOLARSHIP TOOLS IN THE US AND SOUTH AFRICA. THEY ALSO SUPPORT A ROBUST US SCHOLARSHIP PROGRAM APPLICATION PLATFORM. ADDITIONALLY, THESE ACTIVITIES PROVIDE PERSISTENCE AND COMPLETION SUPPORT SERVICES TO ELIGIBLE UT PELL STUDENTS.
EDUCATIONAL INITIATIVES K-12THESE DIRECT CHARITABLE ACTIVITIES SUPPORT PRE-UNIVERSITY EDUCATION QUALITY IMPROVEMENT PROJECTS IN THE US, INDIA AND SOUTH AFRICA. ADDITIONALLY, THEY SUPPORT ASSESSMENTS OF EDUCATION IMPROVEMENT EFFORTS. THEY ALSO INCLUDE HIGHLY TARGETED FUNDS TO SUPPORT SCHOOLS AS THEY ADAPT TO SCHOOL DISRUPTIONS CAUSED BY THE COVID PANDEMIC AND LOOK AHEAD TO FUTURE SCHOOL YEARS.
JOBS & LIVELIHOODSTHESE DIRECT CHARITABLE ACTIVITIES SUPPORT THE DEVELOPMENT OF MARKET-BASED MODELS IN THE US, INDIA AND SOUTH AFRICA TO PROVIDE FAMILIES LIVING IN URBAN POVERTY ACCESS TO FINANCIAL TOOLS, SKILL DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES IN ORDER TO ESTABLISH FINANCIAL STABILITY. ADDITIONALLY, THESE DIRECT CHARITABLE ACTIVITIES SUPPORT A GOAL OF INCREASING CAPACITY IN THE CENTRAL TEXAS MEDICAL COMMUNITY. THIS CATEGORY ALSO INCLUDES A PROJECT THAT AIMS TO IMPROVE THE CAPACITY OF THE LOCAL FOOD SYSTEM AND A PROJECT WHICH SEEKS TO DEPLOY A PLATFORM TO MORE EFFICIENTLY CONNECT AISD STUDENTS, PARENTS AND STAFF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Mountain Exec Director/sec/assistant Treasurer | 40 | $492,979 | |
Anand Srinivasan Chief Business Offic | 40 | $365,262 | |
Kevin Byrne Managing Director, U | 40 | $330,141 | |
Troy Wheeler President, Ed-Fi All | 40 | $316,283 | |
Robert Lindsey General Counsel | 40 | $292,417 | |
Mia Burton Deputy General Couns | 40 | $285,542 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boston Consulting Group | 12/30/21 | $1,584,645 |
Growth Acceleration Partners Llc | 12/30/21 | $1,197,528 |
Headspring Systems | 12/30/21 | $1,620,828 |
Msd Partners Lp | 12/30/21 | $1,618,060 |
Samagra Development Associates Pvt Ltd | 12/30/21 | $2,309,374 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,539,182 |
| Interest on Savings | $693,589 |
| Dividends & Interest | $7,667,574 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,265,810 |
| Total Revenue | $224,656,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $482,502 |
| Pension plans, employee benefits | $4,542,102 |
| Depreciation | $2,108,028 |
| Occupancy | $1,595,045 |
| Travel, conferences, and meetings | $205,254 |
| Printing and publications | $3,949 |
| Total operating and administrative expenses | $63,461,480 |
| Contributions, gifts, grants paid | $114,855,196 |
| Total expenses and disbursements | $178,316,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,811,386 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,068,626,408 |
| Other assets | $76,437,368 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,530,000 |
Grants Awarded
Over the last fiscal year, Michael & Susan Dell Foundation has awarded $176,364,795 in support to 975 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS - AUSTIN PURPOSE: PILOTING A MOBILE HEALTHCARE MODEL TO ADDRESS COVID-19 AND BROADER HEALTH INEQUITIES IN CENTRAL TEXAS | $8,421,792 |
DELL CHILDREN'S MEDICAL CENTER FOUNDATION OF CENTRAL TEXAS PURPOSE: BEST IN CLASS HEALTH FOR CENTRAL TEXAS CHILDREN AND FAMILIES | $7,930,000 |
DELL SCHOLARS PROGRAM PURPOSE: DELL SCHOLARS PROGRAM CLASS OF 2021 - MY529 SCHOLARSHIP DISTRIBUTIONS | $7,028,000 |
CHARTER SCHOOL GROWTH FUND PURPOSE: CHARTER SCHOOL GROWTH FUND - FUND IV | $5,918,653 |
UNIVERSITY OF TEXAS - AUSTIN PURPOSE: UT FOR ME POWERED BY DELL SCHOLARS: 2021-2022 ACADEMIC YEAR | $5,700,000 |
UNIVERSITY OF TEXAS - AUSTIN PURPOSE: DELL MEDICAL SCHOOL | $5,000,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Michael & Susan Dell Foundation has recieved totaling $2,791,653.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $1,600,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $615,405 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $270,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $162,704 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $143,544 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walton Family Foundation Inc Bentonville, AR | $5,583,293,024 | $1,484,598,263 |
Charles And Lynn Schusterman Family Foundation Tulsa, OK | $2,674,316,552 | $872,930,911 |
Laura And John Arnold Foundation Houston, TX | $2,692,538,333 | $716,274,205 |
Michael & Susan Dell Foundation Austin, TX | $0 | $224,656,241 |
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |