Foundation directory
Penske Foundation Inc Grants
Private foundation · EIN 27-4648290 · IRS 990-PF filings through tax year 2025
- Total grants paid
- $20.3M
- Grants reported
- 47
- Median grant
- $100K
- Future commitments
- None reported
Giving by tax year
| Tax year | Grants paid | Amount |
|---|---|---|
| 2025 | 29 | $10.8M |
| 2024 | 18 | $9.5M |
Where Penske Foundation Inc gives
States of grant recipients reported on the foundation's 990-PF filings, by dollars received.
Largest reported grants
The biggest individual grants on file, as reported by the foundation to the IRS.
| Recipient | Location | Purpose | Tax year | Amount |
|---|---|---|---|---|
| INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC | INDIANAPOLIS, IN | GENERAL | 2024 | $2.3M |
| HENRY FORD HEALTH | DETROIT, MI | GENERAL | 2025 | $2M |
| MAYO CLINIC | ROCHESTER, MN | GENERAL | 2024 | $2M |
| OAKLAND COUNTY | PONTIAC, MI | GENERAL | 2025 | $2M |
| CULVER EDUCATION FOUNDATION | CULVER, IN | GENERAL | 2025 | $1M |
| HENRY FORD HEALTH | DETROIT, MI | GENERAL | 2024 | $1M |
| STEADFAST LA FOUNDATION | LOS ANGELES, CA | GENERAL | 2025 | $1M |
| THE HENRY FORD FOUNDATION | DEARBORN, MI | GENERAL | 2025 | $1M |
| MAYO CLINIC | ROCHESTER, MN | GENERAL | 2025 | $1M |
| UCLA FOUNDATION | LOS ANGELES, CA | GENERAL | 2024 | $1M |
| TUNNELS TO TOWERS FOUNDATION | STATEN ISLAND, NY | GENERAL | 2024 | $1M |
| CHILDREN'S FOUNDATION | DETROIT, MI | GENERAL | 2024 | $1M |
| PARALYZED VETERANS OF AMERICA | WASHINGTON, DC | GENERAL | 2024 | $500K |
| GREATER HOUSTON COMMUNITY FOUNDATION FRIEDKIN DISASTER RELIEF FUND | HOUSTON, TX | GENERAL | 2025 | $250K |
| UNITED WAY OF SOUTHERN MICHIGAN | DETROIT, MI | GENERAL | 2025 | $250K |
| THE NATIONAL MEDAL OF HONOR FOUNDATION | ARLINGTON, TX | GENERAL | 2025 | $250K |
| NXG YOUTH MOTORSPORTS | INDIANAPOLIS, IN | GENERAL | 2025 | $250K |
| BOYS AND GIRLS CLUB OF SOUTHEASTERN MICHIGAN | DETROIT, MI | GENERAL | 2025 | $250K |
| CANCER VACCINE COALITION | MIDDLEBURY, VT | GENERAL | 2025 | $250K |
| MICHIGAN SCIENCE CENTER | DETROIT, MI | GENERAL | 2025 | $200K |
| HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS INC | ALEXANDRIA, VA | GENERAL | 2025 | $150K |
| BOSTON UNIVERSITY | BOSTON, MA | GENERAL | 2025 | $125K |
| CORNELL UNIVERSITY | ITHACA, NY | GENERAL | 2024 | $125K |
| RYAN BLANEY FAMILY FOUNDATION | CONCORD, NC | GENERAL | 2024 | $100K |
| EL EDUCATION | NEW YORK, NY | GENERAL | 2024 | $100K |
How to apply
This foundation reports on its 990-PF that it only makes contributions to preselected organizations and does not accept unsolicited applications.
About this data
Figures are aggregated from Penske Foundation Inc's IRS Form 990-PF electronic filings (2 filings on file, most recent tax year 2025). Totals reflect grants the foundation reported as paid, and can lag the current year because foundations file annually and often on extension. Source: IRS 990-PF e-file archive.