Private Foundation

PENSKE FOUNDATION INC

PENSKE FOUNDATION INC is a Private Foundation headquartered in BLOOMFIELD HILLS, MI. Financial data from the 2024 filing: $108.7M revenue, $9.5M expenses, $215.2M total assets. IRS filings disclose 104 grants awarded by this foundation, totaling roughly $22.4M.

EIN: 274648290 BLOOMFIELD HILLS, MI Latest filing: 2024
Total Revenue$108.7M
Total Expenses$9.5M
Total Assets$215.2M
Grants Given104
Grant Total$22.4M
Filing Years2020–2024

Sample Grants Given

INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC
INDIANAPOLIS, IN · 2024
GENERAL
$2,250,000
MAYO CLINIC
ROCHESTER, MN · 2024
GENERAL
$2,000,000
HENRY FORD HEALTH
DETROIT, MI · 2024
GENERAL
$1,000,000
CHILDREN'S FOUNDATION
DETROIT, MI · 2024
GENERAL
$1,000,000
TUNNELS TO TOWERS FOUNDATION
STATEN ISLAND, NY · 2024
GENERAL
$1,000,000

Showing up to 5 of 104 total records — full history available with membership.

Officers & Directors

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

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL
$21,970,000 97 grants
GENERALGENERAL
$435,000 7 grants

Financial Trends

Year Revenue Expenses Assets
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
2020 $3.9M $1.4M $5.4M

Between 2020 and 2024, reported annual revenue grew from $3.9M to $108.7M (+2680%), with total assets most recently reported at $215.2M.

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, DC, IN, MA, MI, and 4 other states.

AZCADCINMAMIMNMONCNY

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

See the full picture for PENSKE FOUNDATION INC

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