DFX Intelligence

Allocator Intelligence

Michael & Susan Dell Foundation

Foundation· Austin, Texas

Foundation, based in Austin, Texas, reporting $7.8B in assets.

Composed from this allocator's classification, location and filed figures.

Assets
$7.8B
Fund commitments
105
Managers
29
Contact decision makersView relationships
More
Ask DFX about this allocatorInvestment staff
Open searchesPlans backing its top managerSimilar plans, same strategyCommitments (105)Managers
As of · the latest dated event for this allocator; each figure carries its own filing or report date

What may matter next

A pattern DFX replayed against history, using only what was known on each date, points at this record. The rate belongs to the pattern, not to this entity; what already happened is below.

Allocators · Re-upWindow to Sep 2027

Michael & Susan Dell Foundation

Emerging

Watch for: commits to the successor fund by Sep 2027.

What DFX sees in the record
  • DerivedMichael & Susan Dell Foundation holds a fund and the manager's next fund in that series, a fund, is open (newly closed).
  • DerivedNo commitment to the new fund appears on the plan's filings yet.
Why it matters

This allocator committed to the prior fund of a series that now has a successor fund. Existing LPs are the first calls in any raise, so this is the re-up list for the GP, and for a competing GP it shows whose capital may be in play.

Who this is for

GPs raising a successor fund, placement agents, and competing GPs in the same strategy.

Can you reach them

Decision maker identified; no contact route on file yet.

Read with care: the rate belongs to the pattern, not to this one; it is not a forecast.

How the pattern measured, and every other entity on it: re-up prospects.
Allocators · Re-upWindow to Sep 2027

Michael & Susan Dell Foundation

Emerging

Watch for: commits to the successor fund by Sep 2027.

What DFX sees in the record
  • DerivedMichael & Susan Dell Foundation holds a fund and the manager's next fund in that series, a fund, is open (early deployment).
  • DerivedNo commitment to the new fund appears on the plan's filings yet.

Why it matters, who it is for and how to reach them: as on the card above.

Read with care: the rate belongs to the pattern, not to this one; it is not a forecast.

How the pattern measured, and every other entity on it: re-up prospects.

Latest dated change: 26 Sep 2026, Re-up prospect for Madrona Venture Fund X, L.P.: condition no longer holds; not judged. Every change is listed below.

2 more people, 26 more managers, 102 more commitments and 6 more dated events

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

People to know

View all people
  • Todd Penner
    Head of Loan/Credit Fund, United States
    Why: The record names them as a decision maker
    Profile
  • Janet Mountain
    Exec Director/Sec/Assistant Treasurer
    Why: The record names them as a decision maker
    No route on file yet

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
All 5
Michael & Susan Dell Foundation
Funds committed to
All 32
Managers
All 29

Relationship network

139 connected entities105 observed commitments5 repeat counterparties34 dated commitments shown here, 2024

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Fund or vehicle
  • Person
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesFoundation · EIN 364336415Show
Foundation
Assets
$7.8B
Total assets, Dec 31, 2024 reported
Funded
no pension liability
not filed
Private markets target
no policy read
no policy read
Commitments
105
29 managers on Schedule C

Consultants and advisers

No adviser relationship is on the tape for this allocator. Public systems name theirs in the ACFR; plans list them on Schedule C.

Decision makers

who to call first about an allocation, and why; then everyone else by function
  • Todd Penner · Head of Loan/Credit Fund, United States
    Why this person: The record names them as a decision maker; Named with investment responsibility
    LinkedIn or profile link on file (the allocator's own staff page), confirmed 2026-09-30, confidence 90%
  • Janet Mountain · Exec Director/Sec/Assistant Treasurer
    Why this person: The record names them as a decision maker; Confirmed current by a second source 2026-10-01
Who else at this allocator · 1 person, grouped by function
Finance, operations and compliance (1)
  • Aditi Sawhney Liberhan · Head of Program Investment Operations
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 1 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

People

5 roles

+2 more people on the investment staff and board

Every name, title and published role at this allocator, with the page it was read from.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Manager roster

29 managers on the commitment tape
From the plan’s own commitment disclosures

+26 more managers received commitments

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What changed

11 events
  • Sep 26, 2026re up prospect resolvedreport dateinference
    Re-up prospect for Madrona Venture Fund X, L.P.: condition no longer holds; not judged
    with Madrona Venture Group, LLC
  • Sep 25, 2026re up prospect resolvedreport dateinference
    Re-up prospect for Madrona Acceleration Fund IV, L.P.: condition no longer holds; not judged
    with Madrona Venture Group, LLC
  • Sep 24, 2026re up prospect resolvedreport dateinference
    Re-up prospect for Thrive Capital Partners IX Growth-C, LLC: condition no longer holds; not judged
    with Thrive Capital
  • Sep 24, 2026re up prospect resolvedreport dateinference
    Re-up prospect for Thrive Capital Partners IX Growth, L.P.: condition no longer holds; not judged
    with Thrive Capital
  • Sep 23, 2026re up prospect resolvedreport dateinference
    Re-up prospect for Thrive Capital Partners IX Growth-B, LLC: condition no longer holds; not judged
    with Thrive Capital

+6 more dated events

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

105 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Cordillera Investment Fund III, L.P.Cordillera Investment Partners, L.P.Private equity$25.9M held2022Disclosed holdingapps.irs.gov
as of Dec 31, 2024Thrive Capital Partners VIII, L.P.Thrive CapitalPrivate equity$2.4M held2022Disclosed holdingapps.irs.gov
as of Dec 31, 2024Haveli Investments Software Fund I Cayman, L.P.Haveli Investment Management LLCPrivate equity$46.5M heldDisclosed holdingapps.irs.gov

+102 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Size and funding

3 readings
Total assets
$7.8B Dec 31, 2024 reported IRS 990
$7.8B (2024-12)
Income
$6.6B Dec 31, 2024 reported IRS BMF

Provenance

Identifiers: EIN 364336415
Cross-graph: family office graph (shared ein)
First observed Sep 15, 2026, last observed Sep 26, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: private markets allocation target, allocation policy.

Across the graphs

Michael & Susan Dell Foundation is the same institution as 1 record in Family Offices.

Family Offices1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

Michael & Susan Dell Foundation sits on 39 traced paths of capital across the graphs.

Allocator commitments to a managerAllocator to VC fund to manager to company

DFX traced 39 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Record history

11 dated events on the change ledger, latest event first
  • Re up prospect resolved
    2026-09-26
  • Re up prospect resolved
    2026-09-25
  • Re up prospect resolved
    2026-09-24

+8 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+61 connections on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.