Texas · Nonprofit
THE FOUNDATION
THE FOUNDATION (Texas) receives grants from 1 organization whose IRS filings report $54,808,757 to it, the largest being MUSK FOUNDATION ($54,808,757). 1 of them have funded it in more than one year.
- Revenue FY2025
- $409M
- Funders on record
- 1
- Grants received
- $55M
- Net assets
- $780M
What The Foundation does
Mission
The Foundation's mission is to operate an independent primary and secondary school and, ultimately, create a university dedicated to education at the highest level.
As stated on its FY2025 Form 990.
Program
The Foundation operates an upper and lower elementary school in bastrop, texas focused on teaching stem subjects and other related topics. The school's primary function is formal instruction and curriculum by a regular faculty to a regularly enrolled student body in bastrop, texas. Distance learners may be included in the future. The school's projected capacity is approximately 54 students, and it plans to expand based on the needs of the local community and on a timeline that provides for quality education and overall experience.
$648,773 spent$85,100 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $648,773.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $270M to $780M (+189%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of THE FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2022 → 2023: the base held at 1 funder, grant income rose $20M → $35M.
From the IRS filings of THE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of THE FOUNDATION's grant income comes from Texas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE FOUNDATION has grown faster than three-quarters of the 679 education nonprofits its size.
this organization peer median middle 50% of peers· 679 education nonprofits over $100M, FY2025
Organizations like THE FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 2 related entities
- Bsp 2023 LLC · disregarded
- Ad Astra School LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for THE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE FOUNDATION?
- THE FOUNDATION (Texas) receives grants from 1 organization whose IRS filings report $54,808,757 to it, the largest being MUSK FOUNDATION ($54,808,757). 1 of them have funded it in more than one year.
- How many funders does THE FOUNDATION have?
- IRS filings report 1 organization giving $54,808,757 in grants to THE FOUNDATION, 1 of which have funded it in more than one year.
- Who is the largest funder of THE FOUNDATION?
- MUSK FOUNDATION is the largest funder on record, with $54,808,757 in grants. The full list of funders is on this page.
- How can an organization like THE FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Foundation →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing