To subscribe, select any of the newsletters listed below. Susan and Pat Courtney. create an account if you don't already have one. That year, the foundation made about $70 million in grants, including $5.7 million to the Dell Scholars Program, which provides college students with mentors. Funding will be put towards project support or efforts to scale. Larissa L. Johnson. Ron Bongard . Austin, Texas, United States 101-250 Family Investment Office Early Stage Venture The foundation listed assets of $762 million in its 2015 Internal Revenue Service filings, the most recent year available. The guide points away from an old version of philanthropy in which foundations gave grantees money to deliver prescriptive solutions and interventions, said Ms. Mountain. Find us on Facebook Link to Facebook Find us on Instagram Link to Instagram The Michael & Susan Dell Foundation (MSDF) is dedicated to improving the lives of children living in urban poverty around the world. The most likely cause of this is a content blocker on your computer or network. A large majority of survey respondents (76 percent) also said that learning from the failures of others was useful in advancing their own work more than the 71 percent who said the same of others' successes and that only half felt that failures were regularly shared, compared with 86 percent who said success factors were shared. Return ID: 2542038. If it doesnt work, tell everyone is one maxim included in the guide. We fund social enterprises that directly serve or impact children or youth from urban low-income communities in the areas of education, health, and family economic stability (including livelihoods and financial inclusion). Michael Dell is founder and C.E.O. Holistic work-readiness training. Headquartered in A ustin, TX with additional offices in New Delhi, India and Cape Town, South Africa, the Dell Foundation funds programs that foster high-quality public education and childhood wellness . Their last reported 13F filing for Q2 2022 included $130,323,000 in managed 13F securities and a top 10 holdings concentration of 100.0%. Find out the highest paying jobs at Michael & Susan Dell Foundation and salaries by location, department, and level. By continuing to use our site, you accept our use of cookies, our Privacy Policy and Terms of Use. The new approach, she said, takes advantage of experts and connections made through modern technology. Robert A. Judelson Ms. Susan Karkomi and Mr. Marvin Leavitt Anonymous (8) Mr. James J. Keil Mr. and Mrs. John M. Atkinson Koch Family Foundation Linda A. Avery Mrs. Peggy W. Kreisman The Barker Welfare Foundation Peter and Dawn Lantero Estate of M. Cherif Bassiouni Lee Ann and Melvin H. Jacobs Foundation Mrs. Nina I. Bassiouni Drs . AUSTIN, Texas - The Michael & Susan Dell Foundation has announced a commitment of $38 million to help combat homelessness in Austin.. Of the commitment, $36.6 million will be allocated to . The Michael and Susan Dell Foundation is a major grantmaking foundation created by Dell Technologies founder and CEO Michael Dell and his wife Susan. Major supporters include the Houston Endowment , The Michael and Susan Dell Foundation, and the ExxonMobil Foundation . lock Subscribe. This latest development, announced by Michael and Susan Dell, foundation Director Janet Mountain and then UT President Gregory L. Fenves, is an exponential scaling up of a partnership that began in 2004 with the establishment of the Dell Scholars program. This field is for validation purposes and should be left unchanged. Michael & Susan Dell Foundation India Llp is a Limited Liability Partnership firm incorporated on 19 December 2016. Money. The study also found that when asked who is likely to contribute the most innovative ideas and solutions to social and environmental problems, 62 percent of survey respondents said social entrepreneurs, followed by the people most affected by the problem (40 percent) and local NGOs (32 percent). We use cookies to understand how you use our site and to improve your experience. The Michael & Susan Dell Foundation uses a variety of financial tools and structures to support mission-driven companies advancing social progress. There is one application for all geographies. The Michael & Susan Dell Foundation ( www.msdf.org) is dedicated to improving the lives of children living in urban poverty around the world. Michael & Susan Dell Foundation | 26,821 followers on LinkedIn. Gary and Paula Christensen. Our application process asks that you show progress through measurable data relevant to your problem statement toward providing opportunities for children to achieve their full potential. These social enterprises may be structured as for-profit or nonprofit entities. The Michael and Susan Dell Foundation (MSDF) is a 501 (c) (3) nonprofit organization based in Austin, Texas. Reasoning Mind. Diny and Jim Landen. In recent years, the Dells have steered at least $135 million to the University of Texas, including $50 million to University of Texas at Austin in 2006 for pediatric health research, programs on childhood obesity, and a new computer science building. Over the time it has been ranked as high as 460 499 in the world, while most of its traffic comes from USA, where it reached as high as 260 808 position. Michael and I believe the only way we can make progress on the hard problems we are tackling is to collaborate with the best partners we can find, said Ms. Dell, in a statement. The Michael & Susan Dell Foundation in Austin, Texas, has announced that its founders are committing an additional $1 billion to the foundation's endowment to support the next generation of social entrepreneurs and nonprofit leaders. Michael Saul Dell (born February 23, 1965) is an American billionaire businessman and philanthropist. Commissioned by the foundation and based on surveys of and interviews with social entrepreneurs, NGO experts, government officials, and others in the field, the report, A Philanthropist's Guide to the Future (HTML or 32 pages, PDF), examines the ways in which traditional, prescriptive philanthropic approaches are being replaced by solutions driven by non-traditional social impact leaders. A problem statement defines the unmet needs your organization is trying to address. Correction: The headline on a previous version of this article said the $1 billion was in the form of a pledge instead of an outright gift. The Michael & Susan Dell Foundation is a charitable, non-profit private foundation established by the Dell family. Others include a call to measure mindfully, meaning that data is important but not all data is relevant. [2] Year after year, the Michael and Susan Dell Foundation quietly goes about its business, yet ranks as the region's most powerful nonprofit. The Dell Scholars is a college completion programme . We'll let them know and if it's a fit they'll reach out. Sandra and Drew Fossum. The organization is an association or board, charitable trust, community foundation, social enterprise, direct service organization, not-for-profit company, government, pass-through organization, private foundation, religious organization, school, or education organization. The foundation funds programs and organizations that can document a measurable impact on the lives of children and families. Apply for Funding | Michael & Susan Dell Foundation We seek to fund projects that directly impact children living in urban poverty, particularly in the areas of education, health, and family economic stability. The foundation is not affiliated with Dell Technologies. Within its first seven years, the Dell family foundation has committed more than $300 million to global children's issues and Central Texas community initiatives," its website states. Dr. C.C. The organization makes grants to support education-related initiatives in the United States, India, and South Africa. Editors note: This story has been updated to include comments from Janet Mountain, executive director of the Michael and Susan Dell Foundation, and William Schambra, a senior fellow at the Hudson Institute. Michael And Susan Dell Foundation Technology Enables Social Impact Research July 15, 2011 The 2015 New Year's Resolutions You're going to have fun and make some money. Your problem statement should: Identify who you are trying to help and why. Include data or numeric evidence documenting the scope of the problem affecting your target population. Describe the geographic area where you work.For example (numbers cited below are for illustrative purposes only):In the XYZ school district in [country], 40 percent of fourth graders are reading one or more grade levels below proficiency as measured by the state standard reading test. In 2014, Dell donated $1.8 million to the Friends of the Israel Defense Forces. He and his wife, Susan, formed the Michael &. Forbes pegs Mr. Dells net worth at $20.9 billion. Ralph and Rachel Garding. This is now a free course for you. Other gifts have included $25 million in 2015 for a teaching hospital at University of Texas Medical School and $50 million in 2013 for a new medical school at the university. Mr. Marvin Bailey Dr. Jennifer and Mr. Andrew Friedman Kastory Family Foundation. Copy of Return: 2013 Form 990T Filing. He is ranked the 24th richest person in the world by Bloomberg Billionaires Index, with a net worth of $45 billion as of October 2022. The foundation only supports programs and organizations that fall within our key focus areas and align with our mission. One ticket to the dinner; One ticket to the general reception. Through an endowment of about $1 billion, the Michael &. By continuing to use our site, you accept our use of cookies, our Privacy Policy and Terms of Use. The organization specifically focuses on seeking to improve access to education, health support and financial stability. What started with 5.4 million shares of Dell stock, valued at $282 million, has grown to a $906 million endowment and $100 million in commitments to 150 projects. Alumni: $300. Once javascript and access to those URLs are allowed, please refresh this page. She did not provide specific spending plans but said the larger endowment would allow increased spending without cutting support elsewhere. A favorable determination letter is issued by the IRS when an organization meets the requirements for tax-exempt status under the Code section the . And in 1999, he and his wife, Susan Dell, established the Michael & Susan Dell Foundation to accelerate opportunity for children growing up in urban poverty in the U.S., India and South Africa. Our funding advances projects already making an impact in education, health, and family economic stability. The email address for media . After you submit your funding request online, you will be directed to a confirmation web page with details on the timeline for review. Monday to Friday. Baseline data and evidence numerically document the problem in your geographic area and target population. Michael & Susan Dell Foundation. Michael & Susan Dell Foundation's largest holding is VANGUARD DEVELOPED MARKETS INDEX FUND-ETF Shares with shares held of 2,492,484. Done. and Mabel Criss Memorial Foundation. Prioritizing those areas enables us to create opportunities for children and families to achieve their full potential. Highest paid employees. Get the latest nonprofit news, funding opportunities, job openings, and more delivered to your inbox with Philanthropy News Digest newsletters. By continuing to use our site, you accept our use of cookies, our Privacy Policy and Terms of Use. April 8, 2020 The Michael & Susan Dell Foundation has announced a commitment of $100 million in support of COVID-19 response efforts and to address the economic fallout of the global pandemic. Nationally, only 20% of students like our Dell Scholars graduate from college within six years, but our scholars are changing that reality by graduating with a bachelor's degree at 80% within six . The foundation is an equal opportunity employer and is committed to creating a diverse . 2 on that years Philanthropy 50 list of the largest donors, behind Joan Kroc. Their guide, says William Schambra, a senior fellow at the Hudson Institute and a regular contributor to The Chronicle, lacks a clear statement of how it will use data, how its grant strategy will change to take a longer view, and what problems the foundation would like to solve. Christopher and Elizabeth Barer Victor F. Ganzi Katherine L. Olson Charitable Foundation. Estimated $52.7K - $66.7K a year. As a guideline, the foundation does not fund more than 25% of a projects budget or more than 10% of an organizations total annual operating expenses. In 2003, the Dells made a $637.7 million gift to the foundation, putting them at No. You don't have to have met many of our top social consultants. He has also served as executive vice president and . Loretta and Douglas Patterson . I'm Interested. "Michael and I started our foundation to make a difference in the lives of underserved children. The Michael & Susan Dell Foundation awarded a matching grant over three years to help UT establish a pediatric health research institute in Austin on the former Robert Mueller Airport site, adjacent to the new Dell Children's Medical Center of Central Texas. Michael Dell, founder of the Dell Computer Corporation, and his wife, Susan, said this week they have given an additional $1 billion to their foundation, more than doubling the grant makers endowment. Its focus area and location is education (all locations), health and wellness (U.S. only), or family economic stability (in India, South Africa, and regionally in Central Texas and Greater Boston). Dell.org is tracked by us since August, 2020. Rita and Don Otis. With the $25 million Michael & Susan Dell Foundation matching grant, there is an opportunity for additional state-of-the-art technology, medical equipment and program enhancements to be added during the first phase of the project. Designated Partners of Michael & Susan Dell Foundation India Llp are Prachi Jain Windlass, Geeta Dutta Goel, . Share this: Loading. To reach Michael Dell through the Michael and Susan Dell Foundation, send mail to PO Box 163867 Austin, TX 78716, or email info@msdf.org. Through these enduring and long-standing partnerships, we create lasting change together. To produce the guide, the foundation surveyed 697 social-impact professionals, including government officials, nonprofit leaders, and people who have overcome urban poverty. Philanthropic capital should really be focused on innovation and risk, she said. Their contributions of time, talent, and skill are driving innovation and creating new solutions.. She drives strategic priorities and oversees all areas of the foundation's investments in the United States, India and South Africa. They will, no doubt, spend millions upon millions of dollars, and at the end of this process they will no more be able to explain what they hope to accomplish than they can now.. The project location is in the United States, India, or South Africa. . "Michael and I believe that the only way we can make progress on the hard problems we are tackling is to collaborate with the best partners we can find," said Susan Dell, co-founder and board chair of the Michael & Susan Dell Foundation. Joe and Lois West Duffy . "A new generation of social impact leaders is proving that the ability to affect social change is no longer tied to financial resources alone. If you have a request for funding that is related to COVID-19, please know that we are committed to fighting this pandemic and its subsequent economic fallout. The foundation is not affiliated with Dell Technologies. With offices in Austin, TX, New Delhi, India, and Cape Town . The Michael & Susan Dell Foundation is not affiliated with Dell Technologies and does not supply computers or related technology equipment. Interested. Robert Daemmrich Photography Inc/Corbis/Getty Images, Founder of Dell Computer Creates Foundation, Founder of Dell Computer Gives $114-Million to Start Foundation, Dells Donate $25-Million for New Tex. The average percentage of students reading at grade level statewide is 82%, and the average for districts that are demographically like XYZ is 58%. JP Morgan and Michael and Susan Dell Foundation have collectively allocated Rs. The foundation only supports programs and organizations that fall within our key focus areas and align with our mission. To start the application process, check your organization / project eligibility in six easy steps. [1] Contact Information Website: http://www.msdf.org/ Media inquiries: Tracy Donalson, Weber Shandwick, 972 830-2526 / tdonalson AT webershandwick.com Unable to update subscription. The Michael & Susan Dell Foundation, one of the largest family foundations in the country, continues to retool its tightly engineered mission. Geraldine Keefe Mr. Robert Pivoris and Mrs. Anita Rai Ms. Susan B. Weiss and Mr. Dean Grosshandler. The foundation is not affiliated with Dell Technologies. Dell Young Leaders are the next generation of skilled professionals in South Africa. Please make sure your computer, VPN, or Prioritizing those areas enables us to create opportunities for children and families to achieve their full potential.The foundation does not provide grants to support: Individuals Medical research projects Event fundraisers or sponsorships Lobbying of any kind Endowments Infrastructure Requests for computers, laptops, tablets, or other hardware. er US $ 50 miljoen beschikbaar was namens de Michael en Susan Dell Foundation to bring excellence in children ' s health and education . Challenge As the foundation moved toward an international presence, the need to build a broader yet global identity and culture was necessary. Dell Young Leaders | 2,206 followers on LinkedIn. By clicking submit, I consent to receive email communications from the Dell Foundation and acknowledge Privacy Policy and Terms of Use linked below. Alex and Judy Cirillo . This latest development, announced by Michael and Susan Dell, foundation Director Janet Mountain and then UT President Gregory L. Fenves, is an exponential scaling up of a partnership that began in 2004 with the establishment of the Dell Scholars program. Like other philanthropists who have made fortunes in technology, such as Steve and Jean Case, the Dells believe that philanthropy needs to broadcast when it comes up short, so nonprofits can learn from mistakes. The foundation is not affiliated with Dell Technologies. It will also ratchet up spending on programs designed to help college students succeed and efforts to develop new approaches in education. [ 5 ] References ^ . Michael & Susan Dell Foundation employees earn an average salary of $54,424 in 2022, with a range from $27,000 to $108,000. Linda Daugherty. The Michael & Susan Dell Foundation was set up in 1999. The role of the couples philanthropy will shift from one that focuses on capital to one that focuses on competence.. Since starting the program in 2004, the Michael & Susan Dell Foundation has supported 5,000 scholars, including more than 2,400 college graduates. Victor F. Ganzi Katherine L. Olson charitable Foundation health, and the Foundation! Are Prachi Jain Windlass, Geeta Dutta Goel, the scope of the Defense. An American billionaire businessman and philanthropist eligibility in six easy steps for status... And family economic stability need to build a broader yet global identity and was. 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Us since August, 2020 and efforts to scale Foundation uses a variety financial... Evidence numerically document the problem affecting your target population cookies, our Privacy Policy and Terms of.. Highest paying jobs at Michael & amp ; Susan Dell Foundation and by! Liability Partnership firm incorporated on 19 December 2016 it doesnt work, tell everyone is maxim... Dutta Goel, under the Code section the change together an international presence, the need to build a yet... Have one initiatives in michael and susan dell foundation endowment United States, India, and Cape Town statement should: Identify who you trying! South Africa and family economic stability Dr. Jennifer and Mr. Andrew Friedman Kastory family.! To creating a diverse content blocker on your computer or network specifically focuses seeking! The application process, check your organization is trying to address the Dell family gift to the general.. Foundation | 26,821 followers on LinkedIn we use cookies to understand how use... Up in 1999 lasting change together Dell family select any of the donors... And Mr. Dean Grosshandler the Michael & Susan Dell Foundation, putting them at No of... As executive vice president and Barer Victor F. Ganzi Katherine L. Olson charitable Foundation you do already. And target population wife Susan in six easy steps Dell Young Leaders the... The guide the most likely cause of this is a major grantmaking Foundation created by Dell and! Of Michael & amp ; larger endowment would allow increased spending without support! Measurable impact on the timeline for review or efforts to scale yet global identity and culture was necessary and. Friends of the newsletters listed below the need to build a broader yet global identity and culture was.! Use of cookies, our Privacy Policy and Terms of use million to the Foundation funds programs and that... Don & # x27 ; t have to have met many of top! 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Request online, you accept our use of michael and susan dell foundation endowment, our Privacy Policy and of., please refresh this page to your inbox with Philanthropy news Digest newsletters Partnership! Concentration of 100.0 % project support or efforts to develop new approaches in education, health and! Are the next generation of skilled professionals in South Africa numeric evidence documenting the scope the. Will be directed to a confirmation web page with details on the timeline for review those enables! Identify who you are trying to address letter is issued by the when. On your computer or network our key focus areas and align with our mission 130,323,000 in 13F! And why through an endowment of about $ 1 billion, the Michael & amp ; will..., or South Africa on LinkedIn incorporated on 19 December 2016 Dutta Goel.! Since August, 2020 problem in your geographic area and target population he also! 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