Michael & Susan Dell Foundation
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$4.3B
Total Expenses
$390.2M
Net Assets
$7.5B
Employees
—
Grants Paid
$258.2M
Program Expense Ratio
0.0%
This nonprofit profile presents IRS Form 990-PF tax filing data for Michael & Susan Dell Foundation (EIN: 36-4336415), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), officer and key employee compensation, governance policies and audit information. All figures are reported in USD as filed.
Chat with Michael & Susan Dell Foundation's data & any nonprofit
Coming SoonCompare organizations, analyze trends, and ask questions about Michael & Susan Dell Foundation's finances, compensation, and programs — or any other nonprofit — using our AI-powered research assistant.
Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Michael & Susan Dell Foundation is a 501(c)(3) nonprofit headquartered in Austin, TX. It is classified under NTEE code T20 (Private Grantmaking Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2000. In its 2024 filing, the organization reported $4.3B in total revenue, a 1.1% decrease from the prior year, and $390.2M in total expenses. Janet Mountain, Exec Director/Sec/Assistant Treasurer, is the highest-compensated individual at $643,598. 0 of 6 recommended governance policies are in place.
Michael & Susan Dell Foundation is classified under NTEE code T20 (Private Grantmaking Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 04.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, Michael & Susan Dell Foundation's revenue has grown from $321.6M to $4.3B, a 1228.9% increase. Program expenses represent 0% of total spending.
Revenue decreased 1.1% year-over-year, while expenses grew 95.3%. net assets rose to $7.5B, up 43.1% from the prior year.
Michael & Susan Dell Foundation derives 34% from contributions and grants, with 66% from investment income.
Revenue is diversified across investment income (66%), contributions and grants (34%).
Revenue declined by 1.1% and expenses grew by 95.3% year over year.
Michael & Susan Dell Foundation distributed $258.2M in grants to other organizations and individuals, representing 66% of total expenses.
Over 6 filings from 2019–2024, Michael & Susan Dell Foundation grew revenue from $321.6M to $4.3B (+1228.9%) while maintaining a program expense ratio of 0%.
Michael & Susan Dell Foundation holds $7.8B in total assets against $241.6M in liabilities (debt-to-asset ratio of 3%). The organization has 231.5 months of operating reserves. Cash and equivalents of $6.3M cover approximately 0.2 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $4.3B | $1.5B | $0 | $0 | $2.8B |
| 2023 | $4.3B | $3.6B | $0 | $0 | $733.1M |
| 2022 | $192.3M | $44.1M | $0 | $0 | $137.3M |
| 2021 | $350.6M | $106.7M | $0 | $0 | $235.4M |
| 2020 | $224.7M | $20.5M | $0 | $0 | $196.9M |
| 2019 | $321.6M | $137.3M | $0 | $0 | $176.1M |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $390.2M | $0 | $0 | $0 | $258.2M |
| 2023 | $199.8M | $0 | $0 | $0 | $107.0M |
| 2022 | $184.0M | $0 | $0 | $0 | $118.3M |
| 2021 | $172.2M | $0 | $0 | $0 | $115.1M |
| 2020 | $178.3M | $0 | $0 | $0 | $114.9M |
| 2019 | $152.6M | $0 | $0 | $0 | $83.2M |
Program Expense Ratio
0.0%
Admin Expense Ratio
0.0%
Fundraising Efficiency
—
Operating Reserve
231.5 mo
People & Compensation(Tax Year 2024)
5 records
Michael & Susan Dell Foundation reported compensation for 5 officers and key employees. Total officer compensation was $644K, representing 0.2% of total expenses. 1 individual received total compensation exceeding $500,000.
Michael & Susan Dell Foundation's highest-compensated individual received $644K in total compensation. Total officer compensation of $644K represents 0.2% of total expenses. 1 individual received total compensation exceeding $500,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| Janet Mountain | Exec Director/Sec/Assistant Treasurer | 40.00 | $568,840 | $0 | $643,598 | |
| President/Director | 2.00 | $0 | $0 | $0 | ||
| Susan L Dell | 1st VP/Director | 2.00 | $0 | $0 | $0 | |
| Dr Alexander Dell | 2nd VP/Director | 2.00 | $0 | $0 | $0 | |
| Marc Lisker | Treasurer/Assistant Secretary | 2.00 | $0 | $0 | $0 |
Governance & Compliance(Tax Year 2024)
Michael & Susan Dell Foundation has 0 of 6 recommended governance policies in place.
Michael & Susan Dell Foundation does not have audited financial statements.
Policies & Oversight
Audit & Financial Oversight
Filing History(Tax Years 2000–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990-PF | 2024-01-01 – 2024-12-31 | $4.3B | $390.2M | $7.5B |
| 2023 | 990-PF | 2023-01-01 – 2023-12-31 | $4.3B | $199.8M | $5.3B |
| 2022 | 990-PF | 2022-01-01 – 2022-12-31 | $192.3M | $184.0M | $1.5B |
| 2021 | 990-PF | 2021-01-01 – 2021-12-31 | $350.6M | $172.2M | $1.9B |
| 2020 | 990-PF | 2020-01-01 – 2020-12-31 | $224.7M | $178.3M | $1.8B |
| 2019 | 990-PF | 2019-01-01 – 2019-12-31 | $321.6M | $152.6M | $1.7B |
| 2000–2018 | No filings acquired yet | ||||
Frequently Asked Questions
How much revenue does Michael & Susan Dell Foundation have?
Michael & Susan Dell Foundation reported $4,273,133,138 in total revenue for tax year 2024, down 1.1% from the prior year.
Who is the highest-paid executive at Michael & Susan Dell Foundation?
Janet Mountain, Exec Director/Sec/Assistant Treasurer, received $643,598 in total compensation as of tax year 2024.
Is Michael & Susan Dell Foundation a 501(c)(3)?
Yes, Michael & Susan Dell Foundation is classified as a 501(c)(3) tax-exempt organization.
Where is Michael & Susan Dell Foundation located?
Michael & Susan Dell Foundation is headquartered in Austin, TX 78746.
What type of nonprofit is Michael & Susan Dell Foundation?
Michael & Susan Dell Foundation is classified under NTEE code T20 (Private Grantmaking Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.
Is Michael & Susan Dell Foundation audited?
No, Michael & Susan Dell Foundation does not currently have audited financial statements.
Does Michael & Susan Dell Foundation give grants?
Yes, Michael & Susan Dell Foundation distributed $258,231,511 in grants to other organizations and individuals in tax year 2024.
Data Source
Prepared by: Blazek & Vetterling, Houston, TX
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
Ask anything about
any nonprofit
Get instant, data-backed answers about nonprofit compensation, financials, and trends. Join the waitlist for early access. Free tier included at launch.
Trusted by nonprofit professionals
3.6M+
IRS Filings
1.7M+
Organizations
28M+
Comp Records