Penske Foundation Inc
BLOOMFIELD HILLS, MI EIN: 27-4648290
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$215.2M
+85.5% YoY
Annual Giving
$9.5M
+289.7% YoY
Grant Count
18
+80.0% YoY
Avg Grant Size
$526K
+116.5% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $215,204,663 | $116,040,672 | $17,008,099 |
| Revenue | $108,666,194 | $101,468,070 | $10,243,924 |
| Expenses | $9,502,203 | $2,435,497 | $2,674,470 |
| Qualifying Distributions | $9,474,325 | $2,432,525 | $2,672,025 |
| Net Investment Income | $5,916,194 | $523,186 | $143,924 |
| Distributable Amount | $9,821,609 | $1,265,135 | $603,278 |
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Penske Foundation Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHRYN H PENSKE | PRESIDENT | 1 | — |
| LAWRENCE N BLUTH | SECRETARY | 1 | — |
| ANGELA BROADDUS | TREASURER | 1 | — |
| ROGER S PENSKE JR | DIRECTOR | 1 | — |
| GREGORY W PENSKE | DIRECTOR | 1 | — |
| MARK H PENSKE | DIRECTOR | 1 | — |
| JAY C PENSKE | DIRECTOR | 1 | — |
| BLAIR PENSKE HALL | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
States
Cities
AlexandriaAnn ArborConcordDetroitHuntersvilleIndianapolisIthacaJenkintownKirkwoodLewis CenterLos AngelesMadison HeightsMememphisNantucketNew YorkOrangePhoenixRochesterScottsdaleSouthfield
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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