Penske Foundation Inc
2555 TELEGRAPH ROAD - BLOOMFIELD HILLS - MI 483020954, Michigan
Latest Filing: 2024
Total Assets: $116.04M
Total Giving: $2.43M
Grants: 10
Median Grant: $62,500
PENSKE FOUNDATION INC, a major 990pf foundation in Michigan, provides grants ranging from $10K to $1M annually.
2024 Summary
$116.04M
Total Assets
$2.43M
Funding Awarded
10
Grants Given
$62,500
Median Grant
$1.00M
Largest Grant
$10,000
Smallest Grant
2024 Recipients
| Recipient | Award | Location | Purpose |
|---|---|---|---|
| Henry Ford Health | $1.00M | Detroit, MICHIGAN | General |
| Mayo Clinic | $500,000 | Rochester, MINNESOTA | General |
| Detroit Institute Of Arts | $500,000 | Detroit, MICHIGAN | General |
| Indianapolis Motor Speedway Foundation Inc | $250,000 | Indianapolis, INDIANA | General |
| Horatio Alger Association Of Distinguished Americans Inc | $100,000 | Alexandria, VIRGINIA | General |
| Joey Logano Foundation Inc | $25,000 | Huntersville, NORTH CAROLINA | General |
| Ryan Blaney Family Foundation | $25,000 | Concord, NORTH CAROLINA | General |
| Tech Force Foundation | $10,000 | Scottsdale, ARIZONA | General |
| El Education | $10,000 | New York, NEW YORK | General |
| Detroit Symphony Orchestra | $10,000 | Detroit, MICHIGAN | General |
$10,000
$1,510,000
State
Total
-
MI
Michigan
$1,510,000 -
MN
Minnesota
$500,000 -
IN
Indiana
$250,000 -
VA
Virginia
$100,000 -
NC
North Carolina
$50,000 -
AZ
Arizona
$10,000 -
NY
New York
$10,000
Contacts
| Name | Phone | Title |
|---|---|---|
| ANGELA BROADDUS | 2486482400 | TREASURER |
| ANGELA BROADDUS | Signing Officer |
Historical Financials
| Year | Total Assets | Total Giving | Grants | Median Grant | Max Grant | Min Grant |
|---|---|---|---|---|---|---|
| 2024 | $116,040,672 | $2,430,000 | 10 | $62,500 | $1,000,000 | $10,000 |
| 2023 | $17,008,099 | $2,670,000 | 16 | $17,500 | $1,000,000 | $5,000 |
| 2022 | $9,438,645 | $1,665,000 | 17 | $10,000 | $500,000 | $5,000 |
| 2021 | $5,408,393 | $1,405,000 | 10 | $62,500 | $500,000 | $10,000 |
| 2020 | $2,906,945 | $1,570,000 | 11 | $100,000 | $500,000 | $10,000 |
| 2019 | $2,811,050 | $1,500,000 | 11 | $55,000 | $500,000 | $10,000 |
| 2018 | $2,720,325 | $1,695,000 | 11 | $100,000 | $500,000 | $10,000 |
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