Penske Foundation Inc
Invitation OnlyBloomfield Hills, Michigan · EIN 27-4648290 · Private foundation
Grants paid (2025)$10.8M
Organizations funded29
Typical grant$125,000
Total assets$231.8M
Half of its grants to organizations were between $50,000 and $250,000.
From the return
How to apply
On its return for tax year 2025 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
72% of grants went outside Michigan.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Henry Ford Health | Detroit, MI | General | $2,000,000 |
| Oakland County | Pontiac, MI | General | $2,000,000 |
| Culver Education Foundation | Culver, IN | General | $1,015,000 |
| Mayo Clinic | Rochester, MN | General | $1,000,000 |
| Steadfast LA Foundation | Los Angeles, CA | General | $1,000,000 |
| The Henry Ford Foundation | Dearborn, MI | General | $1,000,000 |
| Boys and Girls Club of Southeastern Michigan | Detroit, MI | General | $250,000 |
| Cancer Vaccine Coalition | Middlebury, VT | General | $250,000 |
| Greater Houston Community Foundation Friedkin Disaster Relief Fund | Houston, TX | General | $250,000 |
| Nxg Youth Motorsports | Indianapolis, IN | General | $250,000 |
| The National Medal of Honor Foundation | Arlington, TX | General | $250,000 |
| United Way of Southern Michigan | Detroit, MI | General | $250,000 |
| Michigan Science Center | Detroit, MI | General | $200,000 |
| Horatio Alger Association of Distinguished Americans Inc | Alexandria, VA | General | $150,000 |
| Boston University | Boston, MA | General | $125,000 |
| Easy Day Foundation | Las Vegas, NV | General | $100,000 |
| Joey Logano Foundation Inc | Huntersville, NC | General | $100,000 |
| Ryan Blaney Family Foundation | Concord, NC | General | $100,000 |
| Shattuck- St Mary's School | Faribualt, MN | General | $100,000 |
| St Jude Children's Research Hospital | Memphis, TN | General | $100,000 |
| Conquer Paralysis Now | Indianapolis, IN | General | $83,333 |
| Brunsick School | Greenwich, CT | General | $50,000 |
| Helen's Pink Sky Foundation | Minnetrista, MN | General | $50,000 |
| Nantucket Conservation Foundation | Nantucket, MA | General | $50,000 |
| National Kidney Foundation | New York, NY | General | $50,000 |
| Family First | Tampa, FL | General | $45,000 |
| Detroit Symphony Orchestra | Detroit, MI | General | $10,000 |
| Tech Force Foundation | Phoenix, AZ | General | $10,000 |
| Say Detroit | Detroit, MI | General | $5,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $10,843,333 | 29 |
| 2024 | $9,470,000 | 18 |
| 2023 | $2,430,000 | 10 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 14, 2026 - IRS e-file batch, object ID 202621349349103752
- IRS Tax Exempt Organization Search for EIN 27-4648290
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.