Michael & Susan Dell Foundation
- Assets
- $1.6b
- Revenue
- $192.3m
- Investments
- $1.4b
- Employees
- 0
- Location
- Austin, TX
- Founding
- 09/2000
- Data as of
- 12/2022
- 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 12/2022, Michael & Susan Dell Foundation generated $192.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $184.0m during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 5 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 3,871 individual grants totaling $1,082,210,470. 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
2022
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 USE TO BETTER SERVE THEIR STUDENTS. THEY ALSO SUPPORT THE DEVELOPMENT OF THE ED-FI SOLUTION - A FREE, FLEXIBLE AND COMPLETE ED-TECH SOLUTION TO EMPOWER EDUCATORS WITH RELEVANT, TIMELY INFORMATION THAT ENABLES BETTER DATA COLLECTION TO DRIVE IMPROVED STUDENT OUTCOMES. THEY ALSO SUPPORT THE CREATION AND IMPLEMENTATION OF AN EDUCATION DATA SYSTEM IN SOUTH AFRICA THAT IS DESIGNED TO IMPROVE STUDENT OUTCOMES THROUGH DISTRICT MANAGEMENT TOOLS AND BEST PRACTICE SHARING.
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 USE TO BETTER SERVE THEIR STUDENTS. THEY ALSO SUPPORT THE DEVELOPMENT OF THE ED-FI SOLUTION - A FREE, FLEXIBLE AND COMPLETE ED-TECH SOLUTION TO EMPOWER EDUCATORS WITH RELEVANT, TIMELY INFORMATION THAT ENABLES BETTER DATA COLLECTION TO DRIVE IMPROVED STUDENT OUTCOMES. THEY ALSO SUPPORT THE CREATION AND IMPLEMENTATION OF AN EDUCATION DATA SYSTEM IN SOUTH AFRICA THAT IS DESIGNED TO IMPROVE STUDENT OUTCOMES THROUGH DISTRICT MANAGEMENT TOOLS AND BEST PRACTICE SHARING.
GLOBAL SCHOLARSHIP/UNIVERSITY SUCCESSTHESE DIRECT CHARITABLE ACTIVITIES SUPPORT STUDENT RESOURCES AND EQUIPMENT, SUCH AS COMPUTERS AND TEXTBOOKS, AS WELL AS 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 AUSTIN PELL STUDENTS.
GLOBAL SCHOLARSHIP/UNIVERSITY SUCCESSTHESE DIRECT CHARITABLE ACTIVITIES SUPPORT STUDENT RESOURCES AND EQUIPMENT, SUCH AS COMPUTERS AND TEXTBOOKS, AS WELL AS 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 AUSTIN 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.
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.
JOBS & LIVELIHOODSTHESE DIRECT CHARITABLE ACTIVITIES SUPPORT THE DEVELOPMENT OF MARKET-BASED MODELS IN THE US, INDIA AND SOUTH AFRICA TO PROVIDE FAMILIES FROM UNDER-RESOURCED COMMUNITIES 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.
JOBS & LIVELIHOODSTHESE DIRECT CHARITABLE ACTIVITIES SUPPORT THE DEVELOPMENT OF MARKET-BASED MODELS IN THE US, INDIA AND SOUTH AFRICA TO PROVIDE FAMILIES FROM UNDER-RESOURCED COMMUNITIES 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael S Dell President/director | 2 | $0 | |
Susan L Dell 1st Vp/director | 2 | $0 | |
Dr Alexander Dell 2nd Vp/director | 2 | $0 | |
Marc Lisker Treasurer/assistant Secretary | 2 | $0 | |
Janet Mountain Exec Director/sec/assistant Treasurer | 40 | $532,891 | |
Anand Srinivasan Chief Operating Offi | 40 | $438,449 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Samagra Dev Assoc Pvt Ltd | 12/30/22 | $2,789,935 |
Boston Consulting Group | 12/30/22 | $1,831,182 |
Msd Partners Lp | 12/30/22 | $1,500,000 |
Accenture Llp | 12/30/22 | $1,146,318 |
Goldman Sachs Asset Management Lp | 12/30/22 | $1,050,950 |
Samagra Dev Assoc Pvt Ltd | 12/30/22 | $2,789,935 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,129,322 |
| Interest on Savings | $60,368 |
| Dividends & Interest | $5,425,579 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $123,069,725 |
| Capital Gain Net Income | $123,825,557 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $19,588,982 |
| Total Revenue | $192,273,976 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $532,891 |
| Other employee salaries and wages | $15,748,321 |
| Pension plans, employee benefits | $4,871,662 |
| Interest | $0 |
| Taxes | $380,126 |
| Depreciation | $1,233,041 |
| Occupancy | $1,361,985 |
| Travel, conferences, and meetings | $736,372 |
| Printing and publications | $9,290 |
| Other expenses | $13,896,656 |
| Total operating and administrative expenses | $65,702,349 |
| Contributions, gifts, grants paid | $118,328,926 |
| Total expenses and disbursements | $184,031,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,034,226 |
| Savings and temporary cash investments | $90,848,596 |
| Net Accounts receivable | $3,532,320 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,772,755 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $792,696,527 |
| Net Land, buildings, and equipment | $40,955,976 |
| Other assets | $85,724,109 |
| Total assets | $1,641,983,369 |
| Accounts payable and accrued expenses | $3,415,075 |
| Grants payable | $113,009,314 |
| Deferred revenue | $128,651 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,830,035 |
| Total liabilities | $124,383,075 |
Grants Awarded
Over the last fiscal year, Michael & Susan Dell Foundation has awarded $395,148,760 in support to 1,900 organizations.
| Grant Recipient | Amount |
|---|---|
3DE NATIONAL PURPOSE: INNOVATING HIGH SCHOOLS FOR THE 21ST CENTURY | $600,000 |
40 SCHOOLS PURPOSE: CREATING PIPELINE OF EDUCATION ENTREPRENEURS | $250,000 |
ABALOBI PURPOSE: SUPPORTING SMALL-SCALE FISHING COMMUNITIES TO SUSTAINED LIVELIHOODS | $100,961 |
ABSOLUTE RETURN FOR KIDS - INDIA PURPOSE: SYSTEMIC TRANSFORMATION PROGRAM IN DELHI MUNICIPAL SCHOOLS | $177,450 |
ACORN EDUCATION PURPOSE: ACORN PARTNERSHIP SCHOOLS (2021 - 2023) | $198,184 |
ACT INC PURPOSE: VENDOR (ACT) ASSESSMENT ROSTER FOR ED-FI 3.X ASSESSMENT OUTCOMES | $75,000 |