THE KRESGE FOUNDATION
THE KRESGE FOUNDATION
TROY, MI, US
•
501(c)(3)
•
EIN
38-1359217
•
•
Open for Solicitation
Private Foundation
Family Foundation
THE KRESGE FOUNDATION
TROY, MI, US
•
501(c)(3)
•
EIN
38-1359217
•
•
Open for Solicitation
Private Foundation
Family Foundation
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,984,695,361
Investments
97%
Receivables (Non-Related)
2%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$116,354,155
Grants Payable
75%
Payables & Accruals
15%
Other Liabilities
10%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$1,762,617
$2,264,049
+28%
Receivables (Non-Related)
$86,581,822
$97,336,352
+12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$796,714
$704,485
-12%
Investments
$3,955,403,465
$3,862,080,020
-2%
Property, Plant, & Equipment (net)
$14,006,305
$12,997,033
-7%
Other Assets
$6,519,598
$9,313,422
+43%
Total Assets
$4,065,070,521
$3,984,695,361
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$15,932,962
$17,225,241
+8%
Grants Payable
$100,783,723
$87,069,648
-14%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$10,899,519
$12,059,266
+11%
Total Liabilities
$127,616,204
$116,354,155
-9%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,937,454,317
$3,868,341,206
-2%
Net assets
2023
2024
Change
Net assets
+$3,937,454,317
+$3,868,341,206
-2%
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