Penske Foundation INC — Grants, Assets & 990-PF Profile

Penske Foundation INC is a private foundation based in Bloomfld Hls, Michigan with $215.2M in assets, focused on Philanthropy & Grantmaking. Profile based on its IRS Form 990-PF filing, compiled by Grantoria.

$215.2Mtotal assets

2012IRS ruling year

Philanthropy & Grantmakingfocus area

🏆 Top 10% of 11,589 tracked U.S. private foundations by total assets.

Grants Penske Foundation INC has awarded

10 grantees · $2.4M total in its latest IRS Form 990-PF. Largest recipients:

Henry Ford Health $1M
Detroit Institute Of Arts $500K
Mayo Clinic $500K
Indianapolis Motor Speedway Foundation Inc $250K
Horatio Alger Association Of Distinguished Americans Inc $100K
Ryan Blaney Family Foundation $25K
Joey Logano Foundation Inc $25K
Detroit Symphony Orchestra $10K
El Education $10K
Tech Force Foundation $10K

Grantees recorded on Form 990-PF Part XV; amounts aggregated by Grantoria. Linked names have full recipient profiles.

Giving history

Total grants paid by year (IRS Form 990-PF, Part XV).

FY2018$1.5M
FY2020$1.4M
FY2021$1.7M
FY2022$2.7M
FY2023$2.4M

About Penske Foundation INC

TypePrivate foundation
Primary focusPhilanthropy & Grantmaking
HeadquartersBloomfld Hls, Michigan
EIN274648290
IRS ruling2012

Financial data from the organization's IRS Form 990-PF (Exempt Organizations Business Master File). View 990-PF filings on ProPublica →

Grants in Philanthropy & Grantmaking area

This foundation funds philanthropy & grantmaking. While we build out its grantee history, explore open federal grants in the same space:

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Foundations in Michigan →

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Frequently asked questions

What is Penske Foundation INC?

Penske Foundation INC is a private foundation based in Bloomfld Hls, Michigan with $215.2M in total assets, as reported on its IRS Form 990-PF.

What does Penske Foundation INC fund?

Its primary focus area is Philanthropy & Grantmaking (IRS NTEE classification). For grant opportunities in this area, see open grants.

What is the EIN of Penske Foundation INC?

Penske Foundation INC's EIN is 274648290. View its 990-PF filings on ProPublica.

How do I apply for a grant from Penske Foundation INC?

Private foundations like Penske Foundation INC typically award grants by invitation or through their own application process — review its giving area (Philanthropy & Grantmaking) and find official contact details in its IRS Form 990-PF. Grantoria is an independent directory and is not affiliated with Penske Foundation INC. For grants open to public application right now, use the Grant Finder.

Source: IRS Exempt Organizations Business Master File (Form 990-PF), compiled by Grantoria. Financial figures reflect the latest available IRS data; grantee history is being added. Not affiliated with or endorsed by the foundation.