Michael & Susan Dell Foundation
Private foundation Austin, TX dell.org Still adding venture funds
Michael & Susan Dell Foundation reports 17 venture funds, $99M in all; 11 are new since its last report.
Holdings are from its Form 990-PF return for the year ending December 31, 2024, compared with the one for December 31, 2023. That is more than a year ago: it may have added or sold funds since. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: 11 funds on this one were not on the one for December 31, 2023.
The numbers
| Vintage | Venture funds |
|---|---|
| 2018 | 1 |
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 4 |
| 2022 | 5 |
| 2023 | 1 |
| 2024 | 1 |
Updates from Michael & Susan Dell Foundation
All of Michael & Susan Dell Foundation’s updates on Hottub VC
Largest venture holdings
From its Form 990-PF return for the year ending December 31, 2024; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| Tiger Global Private Investment Partners XI, L.P. New | Tiger Global Management | 2018 | $27M |
| Thrive Capital Partners VII Growth, L.P. New | Thrive Capital | 2021 | $17M |
| Thrive Capital Partners VIII Growth, L.P. New | Thrive Capital | 2022 | $16M |
| Foresite Capital Fund VI, LP New | Foresite Capital | 2022 | $15M |
| Altimeter Growth Partners Fund VI, L.P. | Altimeter Capital | 2021 | $5.5M |
In the app: 12 more venture funds, the 2 firms it pays to manage or advise on its investments. Open Michael & Susan Dell Foundation in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- UTIMCO (Permanent University Fund)
- Texas Municipal Retirement System
- Cypress Creek Private Strategies Master Fund, L.P.
- Tingari Foundation
- The Clarke Family Foundation
- Still Water Foundation
- Shepherd 5 Points Family Foundation
- William A Brookshire Foundation
16 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of December 31, 2024; new holdings are those not on its return for the year ending December 31, 2023. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.