Logo for "THE KRESGE FOUNDATION"

THE KRESGE FOUNDATION

THE KRESGE FOUNDATION

TROY, MI, US
•
501(c)(3)
•
EIN
38-1359217
•
WWW.KRESGE.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Logo for "THE KRESGE FOUNDATION"

THE KRESGE FOUNDATION

TROY, MI, US
•
501(c)(3)
•
EIN
38-1359217
•
WWW.KRESGE.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
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Income Statement
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$61,261,641

Other
88%
Investments
12%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$214,406,587

Grants
73%
Salaries & Benefits
16%
Other
7%
Fees to Service Providers
3%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$6,317,614
$7,616,282
+21%
Other
$273,388,428
$53,645,359
-80%
Total Revenues
$279,706,042
$61,261,641
-78%
Expenses
2023
2024
Change
Grants
$185,027,660
$156,430,549
-15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$29,313,460
$34,456,996
+18%
Fees to Service Providers
$6,621,301
$5,753,738
-13%
Advertising & Promotion
$125,975
$45,594
-64%
Offices, Occupancy & IT
$997,150
$1,072,156
+8%
Interest
$518,029
$418,916
-19%
Depreciation
$1,383,350
$1,377,919
0%
Other
$12,447,422
$14,850,719
+19%
Total Expenses
$236,434,347
$214,406,587
-9%
Net income
2023
2024
Change
Net income
+$43,271,695
-$153,144,946
-454%
Income Statement
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