Penske Foundation Inc
EIN: 274648290
Does Not Accept Unsolicited Applications
Penske Foundation Inc is a Michigan private foundation. Awards $9,470,000 annually. Through 18 grants, median $100K. Invite-only. Assets: $215M.
Total Assets
$215.2M
Key Financial Metrics (2024)
Total Giving
$9.5M
Number of Grants
18
Median Grant
$100K
Grant Range
$10K - $2.3M
Historical Giving Trends
| Year | Assets | Total Giving | # Grants | Median Grant |
|---|---|---|---|---|
| 2024 | $215.2M | $9.5M | 18 | $100K |
| 2023 | $116.0M | $2.4M | 10 | $63K |
| 2022 | $17.0M | $2.7M | 16 | $18K |
Quick Facts
Location
MichiganReturn Type
990PF
Most Recent Filing
2024
Annual Expenses
Not specified
Giving Rate
4.4% of assets
Application Policy
Accepts Applications
No - Invite Only