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Read all about it! Musk's philanthropy deserves headlines

 Musk's Philanthropy

Published on December 30, 2018 |
by Carolyn Fortuna

30. December 2018 by Carolyn Fortuna

Musk Foundation's remarkably short and rigorous website targets four funding areas: research and advocacy for renewable energy research and advocacy in the field of space exploration, pediatric research, and natural science and engineering Education Elon Musk, CEO of Tesla, is the sole sponsor of the Musk Foundation. So far, at least $ 257 million have been donated. He is an altruist whose philanthropy ranges to clean water, disaster relief and sustainable innovation of all kinds. The granting of progressive social reforms is only one of many ways in which Musk's philanthropy is a symbol of what state aid programs could do if appropriate resources were to be used methodically and intentionally.

But he does not wait for institutional intervention ̵

1; such as. Only a few of them have decided Musk to give the majority of his fortune to charity and not to his descendants. Together with Bill Gates, Warren Buffett and others, Musk is a member of The Giving Pledge, the promise made by some of the mega-rich to donate the majority of their fortunes to justice goals that are urgent and worth advancing.

Business Successes of Musk Related to Altruism

"It is not the strongest of the surviving species … and not the smartest surviving. It's the one that works best for change.
– Charles Darwin –

We know from climate researchers that this century must be a time when temperatures are kept well below 2 degrees Celsius (compared to industrial levels). The Paris Climate Agreement should make this possible. More importantly and fortunately, financially beneficial business decisions and sustainable energy initiatives are now very compatible.

Elon Musk has a vision of what such a sustainable future can look like through the various companies he has set up and run, the potential to take strong environmental action and earn money.

In its ideal configuration, a Tesla all-electric car can access SolarCity solar panels or a Tesla solar roof and store energy in a Tesla Powerwall for residential homes. This combination would probably cover the entire energy needs of an individual. No, these are not examples of philanthropy per se. Rather, it is an effort for the common good, because these Tesla products help accelerate the mass acceptance of sustainable energy.

Another Musk company, SpaceX, designs, manufactures and launches advanced rockets and spacecraft. The company was founded in 2002 to revolutionize space technology, with the ultimate goal of letting people live on other planets. Neuralink develops extremely high-bandwidth brain-machine interfaces to connect people and computers. The company wants to create brain-computer interfaces. (In 2015, Musk donated $ 10 million to the Future of Life Institute to conduct a global research program that would benefit AI for humanity.) The Boring Company seeks the most efficient and fastest ways to Find cost-effective tunnels that enable rapid development Transit through densely populated regions.

But in the economy and donations, Musk keeps returning to the need to switch from fossil fuels to options for renewable energy such as wind and sun. "We play with fire in coal and oil," he said. Never before in human civilization has the mission been so high. The future of the planet is at stake and many solutions will be based on incentives from billionaires like Elon Musk.

Philanthropy for Social and Environmental Justice

"Philanthropy and social change work best when they are driven by their values ​​and connection to what matters most to them.
– Charles Bronfman –

Foundations, investors, charities, and some public corporations around the world have increasingly funded and supported innovative forms of business that target clear societal or environmental responsibilities. It seems that musk is such a person, and prefers efforts to address social justice and justice in ecological contexts. Successfully managing such challenges can have a positive impact on other challenges and create the proverbial domino effect. One example is technological progress to provide impoverished children with better education.

 Musk Philanthropy "width =" 570 "height =" 380 "srcset =" https://c1cleantechnicacom-wenggine.netdna-ssl.com/files/ 2018/12 / children-sub-Saharan-Africa- 570x380.jpg 570w, https://c1cleantechnicacom-wenggine.netdna-ssl.com/files/2018/12/children-sub-Saharan-Africa-270x180. jpg 270w, https://c1cleantechnicacom-wpengine.netdna-ssl.com/files/2018/12/children-sub-Saharan-Africa-768x512.jpg 768w, https://c1cleantechnicacom-wpengine.netdna-ssl.com/ files / 2018/12 / children-sub-Sahara-Africa.jpg 1200w "Sizes =" (max width: 570px) 100vw, 570px As someone who is often included in a top 5 list of philanthropists, Musk has contributed $ 15 million in donations to an XPRIZE program called Global Learning. This competition invites teams from around the world to develop open source software that is scalable and offers children in developing countries the opportunity to learn fundamentally about reading, writing and arithmetic within 15 months. The project recognizes that an estimated 250 million children around the world can not read, write or demonstrate basic skills in arithmetic.

700 teams from 55 countries around the world registered at the awards ceremony in 2014. By 2017, the top 5 concepts of more than 2,500 children in 141 remote villages in eastern Tanzania were being picked to test each team's application.

The team that brings its cohort of about 500 children to the highest level of literacy gains the XPRIZE.

 Musk Philanthropy "width =" 1280 "height =" 1024 "srcset =" https://c1cleantechnicacom-wpengine.netdna-ssl.com/files/2018/12/child-multiple- colors.jpg 1280w, https://c1cleantechnicacom-wpengine.netdna-ssl.com/files/2018/12/child-multiple-colors-270x216.jpg 270w, https://c1cleantechnicacom-wpengine.netdna-ssl.com/ files / 2018/12 / child-multiple-colors-768x614.jpg 768w, https://c1cleantechnicacom-wpengine.netdna-ssl.com/files/2018/12/child-multiple-colors-570x456.jpg 570w "Sizes = "(Max Width: 1280px) 100VW, 1280px

Flint, Michigan's Water Contamination

" Philanthropy is commendable, but it must not cause the philanthropist to overlook the circumstances of economic injustice that necessitate philanthropy . "
– Martin Luther King, Jr. –

Within philanthropy, there is also an important interconnectivity of the three main agents of change in our society – Re government, economy and people.

 Musk Philanthropy "width =" 570 "height =" 380 "srcset =" https://c1cleantechnicacom-wenggine.netdna-ssl.com/files/2018/12/unusable-flint-school-water- fountains-570x380 .jpg 570w, https://c1cleantechnicacom-wenggine.netdna-ssl.com/files/2018/12/unusable-flint-school-water-fountains-270x180.jpg 270w, https: // c1cleantechnicacom-wenggine. netdna-ssl .com / files / 2018/12 / useless-Flint-school-water-fountains.jpg 600w "Sizes =" (max width: 570px) 100vw, 570px Four years ago, lead and other toxins were found Water supply in Flint, Michigan, spotted. The community has been struggling with water pollution problems ever since. In October 2018, Musk and the Musk Foundation donated $ 480,350 for the installation of new water features with filtration systems in all schools. "The UV water treatment method in the water filtration systems disinfects all lead and bacteria from the water pipes so students can drink school water bottles and fill water," the city of Flint said in a press release. 19659007] Flint Community Schools Superintendent Derrick Lopez added, "The new water filtration systems will help our students return to the normalcy of a fundamental right: Basic Law: To have access to safe, clean water from water fountains in their school."

Musk is also in the process of fulfilling a promise he made in 2018 to fund the repair of water filtration systems in Flint homes that exceed FDA levels.

Puerto Rico Energy Infrastructure

Philanthropy is always unpredictable.
– Mary Knight Beard –

Governor of Puerto Rico, Ricardo Rossello, spoke at the end of 2017 about social networking with Elon Musk about the possibility of Tesla Intervention to restore energy to the island after the devastating hurricane Maria. Reporter Maria Galluci described the island as a place where water treatment plants could not provide drinking water, markets and restaurants could not cool food, banks could not conduct transactions, and people could not communicate with cell phones or the Internet. Street lighting and traffic lights no longer worked. Schools and hospitals closed their doors.

 Tesla Powerwall "srcset =" https://c1cleantechnicacom-wpengine.netdna-ssl.com/files/2018/10/Tesla-Powerwall-double-installation-270x150.png 270w, https: // c1cleantechnicacom -wpengine.netdna-ssl.com/files/2018/10/Tesla-Powerwall-double-installation-768x426.png 768w, https://c1cleantechnicacom-wpengine.netdna-ssl.com/files/ 2018/10 / Tesla Powerwall-double-installation-570x316.png 570w, https://c1cleantechnicacom-wpengine.netdna-ssl.com/files/2018/10/Tesla-Powerwall-double-installation.png 1158w "Sizes =" (max-width: 270px) 100vw, 270px Musk provided Tesla's services to help restore power to Puerto Rico. After his first personal donation of $ 250,000, a shipment of hundreds of Powerwall batteries came to the island. By the end of October, Musk and Tesla were able to bring the island's largest children's hospital back to life through a combination of powerwall packs and solar technology. This was possible because the Tesla technology could bypass the broken infrastructure of the power grid.

The company began in Puerto Rico with six more battery projects to support important common areas such as the Susan Centeno Hospital, the Boys and Girls Club of Vieques, the Arcadia water pumping station, sanitation facilities and the Elderly Community of Ciudad Dorada.

Each pack, connected to existing solar panels, draws 550 kilowatt hours of electricity. In April, Tesla announced that it has shipped more than 1,000 batteries, which currently provide power at 662 locations.

Calculate with this battery how many MWh Tesla has already used. Yowza!

The Tesla Submissions became part of a larger initiative for Puerto Rico to avert its reliance on fossil fuels new deal. Carmen Yulín Cruz, Mayor of San Juan, offered a vision for ownership of clean energy at a recent Sanders Institute meeting. He described the renewable energy reliance on the island as part of a need to "live, prosper, not just survive"

 ] Musk Philanthropy "width =" 4200 "height =" 2795 "srcset =" https : //c1cleantechnicacom-wenggine.netdna-ssl.com/files/2018/12/Puerto-Rico-hurricane-damage.jpg 4200w, https: //c1cleantechnicacom-wpengine.netdna-ssl.com/files/2018/12/ Puerto-Rico-hurricane-damage-270x180.jpg 270w, https://c1cleantechnicacom-wenggine.netdna-ssl.com/files/2018/12/Puerto-Rico-hurricane-damage-768x511.jpg 768w, https: // c1cleantechnicacom-wpengine.netdna-ssl.com/files/2018/12/Puerto-Rico-hurricane-damage-570x379.jpg 570w "Sizes =" (max-width: 4200px) 100vw, 4200px

Photo courtesy of PRI

Politics & Altruism Intersect

"Politics has no relation to customs."
– Niccolo Machiavelli –

The Musk Foundation contributed t According to the Influence Watch research conducted by Foundation Search, the voluntary Cato Institute is at least one non-profit legal organization [19659023]. The Musk Foundation also funds politically active organizations that support a progressive agenda and include the National Wildlife Federation; Sierra Club Foundation; the financial assistance of the New Venture Fund; Global Green USA; Energy Foundation; the Clinton Foundation; People for the American Way Foundation; Oxfam America; Oceana; the BlueGreen Alliance Foundation; the tidal center; and the Natural Resources Defense Council (NRDC).

Last Thoughts

"When you get up in the morning and think that the future is getting better, then it's the future. A bright day. Otherwise it is not.
– Elon Musk –

Lore says the Greek playwright Aeschylus coined in the 5th century BC. The term "philanthropy" to mean "love for humanity". It is rare in our society Like Elon Musk, who exerts such influence and influence, he is also a role model for moral, scientific and ecological altruism. He donates time, money, experience, ingenuity, skills and talents to help create a better world.

Many philanthropists have a desire to solve social problems and help others. And yes, US Federal Tax legislation provides incentives for donation in various ways (at least until now – stay up to date on the April 2019 updates). This provides donors with deductions for income, capital gains and estate taxes on charitable contributions they make. Certainly Elon Musk and other billionaires are well aware of the financial benefits of charity.

Musk's self, however, is so closely linked to his philanthropy that tax credits seem only part of a much larger whole. Indeed, through its environmental philanthropic focus, Musk has incorporated values, knowledge, political orientation, and a variety of socio-demographic variables into today's equation of US wealth. He has shown how people in the highest social strata can do the right thing when challenged in a way that leads to ethical and productive goals.

At a crucial moment in history, when we need to conduct a cross-sectoral, honest discourse Regarding the plight of our planet and the answers we need to have as a global community, good environmental responsibility can at least partly come from models like Musks Philanthropy arise. The successes and failures of philanthropy can affect remote villages or the oil industry, a farmer affected by deforestation threats, or a small town whose waters have been contaminated by fracking. Musk's philanthropy deserves our attention and appreciation.

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Tags: Charity, Elon Musk, Elon Musk Philanthropy, Global Learning, Musk Foundation, Philanthropy, Puerto Rico, Puerto Rican Powerwalls, Tesla, Tesla Powerwall, Tesla Puerto Rico, XPRIZE

About the author [19659058CarolynFortunaCarolynFortunaPhDisawriterresearcherandeducatorandiscommittedtoeco-justicethroughoutherlifeShehasreceivedawardsfromtheAnti-DefamationLeaguetheInternationalLiteracyAssociationandtheLeavyFoundationSheisshapingthescholarshipintodigitalmedialiteracyandislearningtospreadsustainabilityPleasefollowmeon Twitter and Facebook and Google+

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