Elon Musk’s charitable foundation grew larger than ever in 2024. But, for the fourth year in a row, the huge charity failed to give away the minimum amount required by law — and the donations it did make went largely to charities closely tied to Mr. Musk himself.

Those details were disclosed in the Musk Foundation’s tax filing for 2024, which the group released to The New York Times upon request.

The foundation is now one of the largest in the country, with more than $14 billion in assets. But unlike some other billionaires who have dedicated their nonprofits to broader social or political causes, Mr. Musk in recent years used his nonprofit in ways that narrowly track the interests of his for-profit businesses.

In 2024, the tax filings show, that trend continued. The Musk Foundation gave away $474 million in 2024, more than it has in any prior year. But more than three-quarters of that, $370 million, went to a nonprofit in Texas led by Mr. Musk’s top aide. That nonprofit appears to provide a benefit to Mr. Musk’s business empire: It operates an elementary school in a rural area where many of his employees live, near a cluster of Mr. Musk’s companies.

The foundation also gave $35 million to a philanthropic fund that is still effectively under Mr. Musk’s influence.

A higher proportion of the Musk Foundation’s gifts in 2024 went to those closely connected charities than in any year since 2020, according to an analysis by The Times of Mr. Musk’s tax filings.

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