funder logo

PENSKE FOUNDATION INC

PENSKE FOUNDATION INC

Bloomfield Hills, MI, US
501(c)3
EIN
27-4648290
Private Foundation
Family Foundation
funder logo

PENSKE FOUNDATION INC

Bloomfield Hills, MI, US
501(c)3
EIN
27-4648290
Private Foundation
Family Foundation

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$108,666,194

Contributions
95%
Investments
5%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$9,502,203

Grants
>99%
Other
<1%
Fees to Service Providers
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$100,944,884
$102,750,000
+2%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$523,186
$5,049,664
+865%
Other
$0
$866,530
-
Total Revenues
$101,468,070
$108,666,194
+7%
Expenses
2023
2024
Change
Grants
$2,430,000
$9,470,000
+290%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$2,756
$5,932
+115%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$2,741
$26,271
+858%
Total Expenses
$2,435,497
$9,502,203
+290%
Net income
2023
2024
Change
Net income
+$99,032,573
+$99,163,991
+0%
Income Statement
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