Private Foundation

PENSKE FOUNDATION INC

PENSKE FOUNDATION INC is a Private Foundation headquartered in BLOOMFIELD HILLS, MI. Financial data from the 2025 filing: $15.1M revenue, $11.0M expenses, $219.3M total assets. IRS filings disclose 133 grants awarded by this foundation, totaling roughly $33.2M.

EIN: 274648290 BLOOMFIELD HILLS, MI Corporate Foundations NTEE: T21 Latest filing: 2025
Total Revenue$15.1M
Total Expenses$11.0M
Total Assets$219.3M
Grants Given133
Grant Total$33.2M
Filing Years2021–2025

Sample Grants Given

OAKLAND COUNTY
PONTIAC, MI · 2025
GENERAL
$2,000,000
HENRY FORD HEALTH
DETROIT, MI · 2025
GENERAL
$2,000,000
CULVER EDUCATION FOUNDATION
CULVER, IN · 2025
GENERAL
$1,015,000
MAYO CLINIC
ROCHESTER, MN · 2025
GENERAL
$1,000,000
STEADFAST LA FOUNDATION
LOS ANGELES, CA · 2025
GENERAL
$1,000,000

Showing up to 5 of 133 total records — full history available with membership.

Officers & Directors

TREASURER Angela Broaddus
CO-PRESIDENT Blair Penske Hall
DIRECTOR Gregory W Penske
DIRECTOR Jay C Penske
CO-PRESIDENT Kathryn H Penske
SECRETARY Lawrence N Bluth

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL
$32,813,333 126 grants
GENERALGENERAL
$435,000 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $15.1M $11.0M $219.3M
2024 $108.7M $9.5M $215.2M
2023 $101.5M $2.4M $116.0M
2022 $10.2M $2.7M $17.0M
2021 $5.7M $1.7M $9.4M

Between 2021 and 2025, reported annual revenue grew from $5.7M to $15.1M (+166%), with total assets most recently reported at $219.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AZ, CA, CT, DC, FL, IN, and 4 other states.

AZCACTDCFLINMAMIMNMO

Full geographic grant map with state-by-state breakdown available with membership.

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