Penske Foundation Inc
EIN: 274648290
Does Not Accept Unsolicited Applications
Penske Foundation Inc is a Michigan private foundation. Awards $2,430,000 annually. Through 10 grants, median $63K. Invite-only. Assets: $116M.
Total Assets
$116.0M
Key Financial Metrics (2023)
Total Giving
$2.4M
Number of Grants
10
Median Grant
$63K
Grant Range
$10K - $1.0M
Historical Giving Trends
| Year | Assets | Total Giving | # Grants | Median Grant |
|---|---|---|---|---|
| 2023 | $116.0M | $2.4M | 10 | $63K |
| 2022 | $17.0M | $2.7M | 16 | $18K |
Quick Facts
Location
MichiganReturn Type
990PF
Most Recent Filing
2023
Annual Expenses
Not specified
Giving Rate
2.1% of assets
Application Policy
Accepts Applications
No - Invite Only