Elon Musk, the second richest billionaire in the world, has now finally done the thing he said to be ‘hard’ to do for him: donate money in an organization that will change the world.
Elon Musk donates $5 million to Khan Academy
On Tuesday, a Twitter post from American non-profit educational organization, Khan Academy, went viral after the school thanked Musk Foundation for giving them a donation worth $5 million.
The donation was shared by Khan Academy CEO Salman Khan, who posted a thank you video on his Youtube account.
Khan said that he was grateful for Mr. Musk for giving them financial donation, in which will be used to fund schooling of at least 20 to 30 million students that use their platform every month.
“Elon, I hope you really feel good about this. This is going to allow us to accelerate all sorts of content. Our aspirations are all subjects from K through the early stages of college. This will accelerate our science content, allow us to do more on early learning, allow us to make the software and practice that much more engaging for millions of students around the world, for teachers around the world,” Khan said via his Youtube channel.
Khan Academy is creating videos on Youtube that mainly targets to help students on different subjects, and practical skills.
It offers students progress tracking, practice exercises, and teaching tools, just like a real university. Even their budget in real-life is equal to a school’s fund.
But, thanks to Musk, Khan said that the $5 million will further help to make their videos available globally, and cater more students in the future.
Musk didn’t know how to donate?
The theory that Musk didn’t know how to donate money arises when he tweeted that he thinks that donating money (that will make a difference) is hard to do and needs to be highly-appreciated.
Sure thing, donating money is easy. You just find groups, organizations, or even individuals that needed financial help, and give them the money.
But, making sure that the money you’re about to donate would make a huge world difference is never easy.
That is what Musk said on his tweet last week.
“Btw, critical feedback is always super appreciated, as well as ways to donate money that really make a difference (way harder than it seems),” said on his tweet on Jan. 8.
Elon Musk’s philanthropic acts
Though not really announced on public posts or publications, Elon Musk has been giving donations for few groups and organizations in the past. Not just the Khan Academy.
In fact, in 2012, the billionaire signed a Giving Pledge, promising to give away at least half of his money, for the improvement of society, and lives of individuals.
Now, I think it’s time for Musk to step up on his gift-giving skills.