Michael & Susan Dell Foundation

The Michael and Susan Dell Foundation is a major grantmaking foundation created by Dell Technologies founder and CEO Michael Dell and his wife Susan. The organization makes grants to support education-related initiatives in the United States, India, and South Africa. As of 2024, the Dell Foundation had dispersed over $2.43 billion in grants and other funding to support its goals. 1

At-A-Glance

Issue Areas: Multi-Issue Advocacy
Website: www.msdf.org
Formation:

2000

Founder:

Michael Dell and Susan Dell

Executive Director:

Janet Mountain

Location: Austin, TX View on map
Tax ID: 36-4336415
Most Recent Filing: 2024
Budget (2024): Assets: $7,770,844,151 Revenue: $4,273,133,138 Expenses: $390,239,234

Contents

    In addition to supporting education-related causes inside and outside the United States, the Dell Foundation supports Jewish and pro-Israel causes. 2

    In December 2025, the Dell Foundation contributed $6.25 billion to support “Trump accounts,” investment accounts given to children established under tax and spending legislation backed by President Donald Trump. 3

    Foundation Initiatives

    Education Technology

    The Michael and Susan Dell Foundation supports initiatives to improve digital education programs. Explaining the foundation’s priorities in this sector in May 2019, Michael Dell said: “We must apply our expertise, our technology and our giving to ensure that students everywhere have the skills to succeed, the critical thinking skills to succeed in the digital world.” 4

    In January 2020, the foundation announced a $100 million grant to University of Texas—Austin. The grant included the foundation “integrating” its own staff into the staff at the university to provide services for students. Despite the foundation website stating it does not provide computers or “related technology equipment,” part of its partnership with the University of Texas includes gifting computers to students. 5 6 7 The foundation also gave $50 million in 2013 to build the UT—Austin medical school. 8

    In October 2019, the foundation sponsored an incubation program for education technology firms in Africa to apply for financial and advisory resources. Resources include research prepared for selected candidates. 9

    The foundation funds EdNavigator, which sells student advisor services for school and university placement. 10 It also funds Strive for College, a similar advisory service for the college application process. 11 12

    In 2020 the foundation gave funding to U.S.-based Nepris, which sells education technology to host virtual teaching sessions targeted at technical education and training. Part of this package includes curricula, course recommendations, and video content produced by Nepris. 13

    Education

    The Michael and Susan Dell Foundation granted $1.8 million to schools in the Knowledge is Power Program (KIPP) network, a program founded by Teach for America. 14

    The Dell Foundation also gives variable interest loans to schools, designed as financial incentives to improve “student learning outcomes” and the rate of return on “social impact.” The loans are given at higher interest rates to poorly funded schools, with the possibility of a loan rebate which is contingent on a percentage increase in average student performance. 15 At least 339 schools in India are part of this program. 16

    In addition to funding numerous education programs, the Dell Foundation also awards individual scholarships to some students attending universities. 2

    Trump Accounts

    On December 2 2025, Michael and Susan Dell announced a $6.25 billion pledge to support the rollout of “Trump Accounts,” a federal investment-account program for children created under tax legislation backed by President Donald Trump. The commitment was described as one of the largest single philanthropic gifts in recent U.S. history, and will provide a $250 deposit into the investment accounts for 25 million eligible American children under age 10, complementing the U.S. Treasury Department’s initial $1,000 deposit for newborns covered by the law. Dell stated that the initiative is intended to encourage long-term saving and broaden children’s participation in the U.S. economy. The gift, made through the Dell Foundation, reflected the couple’s expanded focus on large-scale efforts to build wealth and opportunity for low- and middle-income families 17

    Jewish and Pro-Israel Causes

    In addition to supporting education-related causes inside and outside the United States, the Dell Foundation supports Jewish and pro-Israel causes. 2

    In 2024, the Dell Foundation awarded $200,000 to the America Israel Democracy Coalition for “raising awareness of 10/7 [the Hamas terrorist attacks of October 7, 2023] to educate and combat antisemitism.” The group funds projects in Israel and Jewish causes. 2

    In 2024, the Dell Foundation awarded $1 million to the American Friends of Ogen, which supports the Israeli financial services nonprofit Ogen, which provides interest-free loans to Israelis. The Dell Foundation’s donation was specifically earmarked to provide interest-free loans to reservists called to duty in the Israel Defense Forces (IDF). 2

    In 2024, the Dell Foundation awarded $200,000 to the Foundation for Jewish Camp to sponsor summer camps for Jewish young people to foster a lifelong connection to Judaism. 2 That year, the Dell Foundation also awarded $300,000 to Hillel International to train higher education administrators to protect and support Jewish students. Hillel has a policy that forbids its campus chapters from affiliating with groups that oppose the State of Israel. 2

    In 2024, the Dell Foundation awarded $250,000 to the Israel on Campus Coalition for “engaging faculty to ensure a positive campus climate for Jewish students.” The Israel on Campus Coalition provides support for Jewish and pro-Israel college students and helps them confront antisemitism and anti-Israel activity on college campuses. 2

    In 2024, the Dell Foundation awarded $200,000 to Itrek, Inc. for “empowering American leaders to experience Israel.” Itrek, Inc. is a group that recruits what it calls “tomorrow’s leaders” and sponsors them on a one-week trip to Israel to explore the country and build support for Israel among American leaders. Dell’s donation is for “empowering American leaders to experience Israel.” 2

    In 2024, the Dell Foundation gave a total of $561,102 to Shalom Austin. Of the donations, $39,102 was a matching contribution to support the group’s fundraising to support Israel. It gave $50,000 to support efforts to combat antisemitism in Texas. 2

    In 2024, the Dell Foundation awarded $900,000 to the Israeli charity Sheba to help it transform Israel’s pediatric mental health system to address trauma nationwide. 2

    In 2024, the Dell Foundation gave $200,000 to Tamid Israel Investment Group to help engage future business leaders to Israel. 2

    In 2024, the Dell Foundation gave $200,000 to the Jewish Federations of North America (JFNA) to support the group’s commemoration of the October 7 attack on Israel by the Palestinian Islamist group Hamas both in local communities and on college campuses. 2

    Other Funding

    In 2024, the Dell Foundation gave $1 million to the center-left think tank Texas 2036 and $485,000 to the left-of-center Aspen Institute. 2

    Financials

    According to its 2024 tax form as well as reporting from Inside Philanthropy, the Michael and Susan Dell Foundation received $1.4 billion in contributions through its founders Michael Dell and his wife Susan, with its assets reported to be nearly $7.9 billion by the end of 2024. 18

    In addition to contributions from Michael and Susan Dell, the Dell Foundation has received funding from the Gates Foundation, which gave $2,318,319 in 2018. 19

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $7,770,844,151 $4,273,133,138 $390,239,234 View
    2023 $5,415,306,792 $4,322,649,164 $199,819,479 View
    2022 $1,641,983,369 $143,214,249 $183,642,573 View
    2021 $2,069,477,563 $281,419,670 $171,813,290 View
    2020 $1,943,229,672 $224,656,241 $178,316,676 View

    Prior year filings: 2019, 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Employee Compensation

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Janet MountainExec Director/Sec/Assistant Treasurer$568,840
    Anand SrinivasanChief Operating Offi$492,144
    Robert LindseyGeneral Counsel$352,245
    Geeta GoelManaging Director, I$333,189
    Marita KurianVice President, Tech$323,515
    Aliya HussainiPortfolio Director,$301,922

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $26,793,820
    • Number of Grants: 40
    • Number of Funders: 9

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $1,600,0002021 Gates Foundationto increase use of data by teacher prep programs and grow the teacher prep Ed-Fi community
    $432,7042021 Gates Foundationto support availability and use of data by educator preparation programs
    $350,0002024 Gates FoundationK-12 EDUCATION

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $1,610,782,251
    • Number of Grants: 13,340
    • Number of Recipients: 3,457

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $50,000,0002024 Charter FundLaunching the Dell Catalyst Fund to Drive Quality Charter School Growth
    $28,653,6362020 Hispanic & Business Alliance for Education, Inc.See Statement 26, pages 9-18
    $23,133,2502020 Data Driven Education Ed-FiSee Statement 26, pages 1-8
    $9,921,8392022 Mobile Loaves & Fishes IncScaling Community First! Village to Combat Homelessness
    $7,586,3212024 Mobile Loaves & Fishes IncScaling Community First! Village to Combat Homelessness
    $7,465,9292023 Association for Women in Science IncUT For Me Powered by Dell Scholars: 2023-2024 Academic Year
    $6,716,9762022 Phi Eta Sigma National Honor Society IncUT For Me Powered by Dell Scholars: 2022-2023 Academic Year
    $6,070,0002022 Dell Children's Foundation FKA Cmc Foundation of Central TexasBest in Class Health for Central Texas Children and Families
    $5,974,9342023 Mobile Loaves & Fishes IncScaling Community First! Village to Combat Homelessness
    $5,700,0002021 American Pharmacists Association Academy of Student PharmacistsUT For Me Powered by Dell Scholars: 2021-2022 Academic Year
    $5,000,0002022 Phi Eta Sigma National Honor Society IncDell Medical School
    $5,000,0002021 American Pharmacists Association Academy of Student PharmacistsDell Medical School
    $4,443,3022023 Association for Women in Science IncDell Scholars UT for Me at UT Austin: 2022-2023 Cohort
    $4,000,0002023 Dell Children's Foundation FKA Cmc Foundation of Central TexasBest in Class Health for Central Texas Children and Families
    $3,660,4442022 Phi Eta Sigma National Honor Society IncDell Scholars at UT Austin: 2020-2021 Cohort
    $3,479,6002021 American Pharmacists Association Academy of Student PharmacistsDell Scholars at UT Austin: 2020-2021 Cohort
    $3,081,3472021 Charter FundCharter School Growth Fund – Fund IV
    $3,000,0002022 Communities Foundation of TexasScaling Pathways in Technology Early College High Schools (PTECHs) in Texas
    $2,962,4672022 Charter FundCharter School Growth Fund – Fund IV
    $2,500,0002024 United Jewish Appeal JtwnLaunching a Hub to Transform the Lives of Jewish New Yorkers
    $2,500,0002022 Samaritan's PurseUkraine Field Hospital Support
    $2,487,8282023 Association for Women in Science IncDell Scholars UT for Me at UT Austin: 2021-2022 Cohort
    $2,352,3872023 New Leaders FoundationDDD 2023/24 Implementation
    $2,316,8672021 Texas Education AgencyTEA TSDS Ed-Fi 3.x Upgrade (MSDF)
    $2,268,6002021 American Pharmacists Association Academy of Student PharmacistsDell Scholars at UT Austin: 2021-2022 Cohort

    References

    1. “$2.43 Billion given to Date by Michael and Susan Dell’s Foundation to Nonprofits and Social Enterprises Focused on Creating Positive Change in the World.” Lifestyles Magazine, February 14, 2025. https://lifestylesmagazine.com/latest-news/2-43-billion-given-to-date-by-michael-and-susan-dells-foundation-to-nonprofits-and-social-enterprises-focused-on-creating-positive-change-in-the-world/.
    2. “Michael & Susan Dell Foundation, Full Filing – Nonprofit Explorer.” ProPublica. Accessed January 26, 2026. https://projects.propublica.org/nonprofits/organizations/364336415/202543189349104239/full.
    3. Beaty, Thalia. “Michael and Susan Dell Donate $6.25 Billion to Encourage Families to Claim ‘Trump Accounts.’” The Associated Press, December 2, 2025. https://www.ap.org/news-highlights/spotlights/2025/michael-and-susan-dell-donate-6-25-billion-to-encourage-families-to-claim-trump-accounts/.
    4. Ians. “American India Foundation Honors Dell CEO Michael Dell at New York Gala.” India West. May 2, 2019. Accessed May 4, 2020. https://www.indiawest.com/news/global_indian/american-india-foundation-honors-dell-ceo-michael-dell-at-new/article_87ea73d2-6c36-11e9-81fd-cfb897adb62f.html
    5. Maas, Jimmy. “Dell Foundation Announces $100 Million Gift to UT Austin For Low-Income Students.” KUT. January 31, 2020. Accessed May 4, 2020. https://www.kut.org/post/dell-foundation-announces-100-million-gift-ut-austin-low-income-students
    6. “Michael & Susan Dell Foundation UT Austin Team Up to Close College Graduation Rate Gaps Across Income Levels.” UT News. January31, 2020. Accessed May 4, 2020. https://news.utexas.edu/2020/01/31/michael-susan-dell-foundation-ut-austin-team-up-to-close-college-graduation-rate-gaps-across-income-levels/
    7. “FAQS.” Michael & Susan Dell Foundation. January 26, 20196. Accessed May 4, 2020. https://www.msdf.org/apply/faqs/
    8. Reed, Eric. “What Is Michael Dell’s Net Worth?” The Street. October 9, 2019. Accessed May 4, 2020. https://www.thestreet.com/lifestyle/michael-dell-net-worth-15120237
    9. Smith, Carin. “EdTech star-ups can apply for incubation programme.” Fin24. October 23, 2019. Accessed May 4, 2020. https://www.fin24.com/Entrepreneurs/Resources/edtech-start-ups-can-apply-for-incubation-programme-20191023
    10. Toness, Bianca Vasquez. “Need Help Navigating Your Kids’ Education? Try Your Boss.” WGBH News. August 20, 2019. Accessed May 4, 2020. https://www.wgbh.org/news/education/2019/08/20/need-help-navigating-your-kids-education-try-your-boss
    11. “ATU Honored for Affordability and Inclusion.” Arkansas Tech University. March 2, 2020. Accessed May 4, 2020. https://www.arkansastechnews.com/atu-honored-for-affordability-and-inclusion/
    12. “Strive for College.” Strive for College. 2020. Accessed May 4, 2020. https://striveforcollege.org/
    13. Millward, Wade Tyler. “Nepris Raises $5 Million Series A Round to Bring Field Trips to the Classroom.” EdSurge. March 11, 2020. Accessed May 4, 2020. https://www.edsurge.com/news/2020-03-11-nepris-raises-5-million-series-a-round-to-bring-field-trips-to-the-classroom
    14. “KIPP Charter School Program Receives $65 Million for Houston Expansion.” Candid. March 21, 2007. Accessed May 4, 2020. https://philanthropynewsdigest.org/news/kipp-charter-school-program-receives-65-million-for-houston-expansion
    15. Gustafsson-Wright, Emily & Bogglid-Jones, Izzy. “Paying for education outcomes at scale in India.” The Brookings Institution. November 6, 2019. Accessed May 4, 2020. https://www.brookings.edu/research/paying-for-education-outcomes-at-scale-in-india/
    16. Rangwala, Rahil. “A New Impact Investing Model for Education.” Stanford Social Innovation Review. January 17, 2018. Accessed May 4, 2020. https://ssir.org/articles/entry/a_new_impact_investing_model_for_education#
    17. Beaty, Thalia. “Michael and Susan Dell Donate $6.25 Billion to Encourage Families to Claim ‘Trump Accounts.’” Chronicle of Philanthropy, December 2, 2025. https://www.philanthropy.com/news/michael-and-susan-dell-donate-6-25-billion-to-encourage-families-to-claim-trump-accounts/.
    19. Tindera, Michela. “Billionaire Michael Dell Announces $1 Billion Commitment To Support Social Entrepreneurs, Nonprofits.” Forbes. May 13, 2017. Accessed May 4, 2020. https://www.forbes.com/sites/michelatindera/2017/05/13/billionaire-michael-dell-announces-1-billion-commitment-to-support-social-entrepreneurs-nonprofits/#14e345ee302a