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Penske Foundation Inc at a glance

· Private foundation

Penske Foundation Inc

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$11M
Granted FY2025still arriving
29
Grants FY2025still arriving
15
States reached
$2.0M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Health$13MArts & Culture$6.9MEducation$5.0MPhilanthropy$3.1MPublic Benefit$3.0MHuman Services$655kYouth Development$610kRecreation & Sports$295kOther$0
02FY2025 · 29 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k1 grant · $5k
  • $10k–50k3 grants · $65k
  • $50k–250k13 grants · $1.3M
  • $250k+12 grants · $9.5M
$125,000
Median grant
15
States reached
$219M
Total assets
Largest grants
RecipientAmount
OAKLAND COUNTY$2,000,000
HENRY FORD HEALTH$2,000,000
CULVER EDUCATION FOUNDATION$1,015,000
THE HENRY FORD FOUNDATION$1,000,000
STEADFAST LA FOUNDATION$1,000,000
MAYO CLINIC$1,000,000
CANCER VACCINE COALITION$250,000
BOYS AND GIRLS CLUB OF SOUTHEASTERN MICHIGAN$250,000
THE NATIONAL MEDAL OF HONOR FOUNDATION$250,000
UNITED WAY OF SOUTHERN MICHIGAN$250,000
NXG YOUTH MOTORSPORTS$250,000
GREATER HOUSTON COMMUNITY FOUNDATION FRIEDKIN DISASTER RELIEF FUND$250,000
MICHIGAN SCIENCE CENTER$200,000
HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS INC$150,000
BOSTON UNIVERSITY$125,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–25, $355k) land where the poverty rate runs at 10%, against an area that typically sits at 10%. 83% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%FAMILY FIRST: $45k → 13%BIRTHSTONE CORPORATION: $250k → 11%CHILDSAFE MICHIGAN: $10k → 8%CHILDSAFE MICHIGAN: $10k → 8%CHILDSAFE MICHIGAN: $10k → 8%CHILDSAFE MICHIGAN: $10k → 8%CHILDSAFE MICHIGAN: $10k → 8%CHILDSAFE MICHIGAN: $10k → 8%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

VT
MN
MI
NY
MA
NV
IN
OH
PA
CT
CA
MO
VA
AZ
TN
NC
DC
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

62%of every dollar goes to organizations it has funded before.
$16M · 18 repeat orgs$9.9M to everyone else

Grantees it renews have grown median revenue +18% since the first grant, against +10% for those funded once.

18 repeat relationships: 9 still active in FY2025, 9 since wound down; 19 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

18
12

Total granted

$16M
$2.9M

Median revenue growth · since first grant

+18%
+10%

Still filing today

83%
50%

New vs renewed · share of each year

In FY2025, 28% of grant dollars renewed an existing relationship; $7.1M went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
EducationArts & CultureHealthPhilanthropyHuman ServicesYouth DevelopmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • HF
    HENRY FORD HEALTH SYSTEM
    3× · 2023–2025 · $4.0M · revenue +18%
  • THE DETROIT INSTITUTE OF ARTS
    7× · 2017–2023 · $3.5M · revenue +46%
  • RB
    RYAN BLANEY FAMILY FOUNDATION
    5× · 2021–2025 · $235k · revenue +10%

Funded once

  • STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION
    one grant, 2024 · $1.0M · revenue 0%
  • CF
    CHILDREN'S FOUNDATION
    one grant, 2024 · $1.0M
  • BC
    BIRTHSTONE CORPORATION
    one grant, 2022 · $250k · revenue -57% · 72% of their budget
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
2
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
3
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
4
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
5
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
6
Federation of State Medical Boards of the United States Inc

The fsmb serves as the voice for state medical boards, supporting them through education, assessment, research and advocacy while providing services and initiatives that promote patient safety, quality health care and regulatory best…

Health
7
The Trustees of Princeton University

Research, education and general - princeton university is a private not-for-profit, non-sectarian institution of higher learning with approximately 5,700 undergraduate and 3,300 graduate students. 2,500 students graduated in the 2024-2025…

Education
8
Manhattanville University

To educate students to be ethical and socially responsible leaders in a global community.

Education
9
Stony Brook Internists University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
10
Neurology Associates of Stony Brook University Faculty Practice Corp

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
11
Stony Brook Surgical Associates University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
12
Stony Brook Urology University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
How this is measured
The grantee most central to the portfolio’s shape is Navy Seal Foundation Inc; the most unlike its peers is Ryan Blaney Family Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

36 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 36 of the 51 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

5
Load-bearing (≥25% of a budget)
9
Early backer (in before they grew)
36/36
Grantees still filing
20/36
Grew since first funded

Where the money sits, by cause and then by grantee

MAYO CLINIC: $6,400,000 · HealthMAYO CLINICHENRY FORD HEALTH SYSTEM: $4,000,000 · HealthHENRY FORD HEALTH SYSTEMPARALYZED VETERANS OF AMERICA: $1,500,000 · HealthPARALYZED VETERANS OF AMERICA+3 more: $500,000 · HealthINDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC: $2,500,000 · OtherINDIANAPOLIS MOTOR SPEEDWAY FOUNDA…OAKLAND COUNTY: $2,000,000 · OtherOAKLAND COUNTYTHE HENRY FORD FOUNDATION: $1,000,000 · OtherTHE HENRY FORD FOUNDATIONCHILDREN'S FOUNDATION: $1,000,000 · OtherCHILDREN'S FOUNDATIONSTEADFAST LA FOUNDATION: $1,000,000 · OtherSTEADFAST LA FOUNDATIONUNITED WAY OF SOUTHERN MICHIGAN: $750,000 · OtherUNITED WAY OF SOUTHERN MICHIGANNANTUCKET COTTAGE HOSPITAL: $400,000 · Other+14 more: $1,553,333 · Other+14 moreHORATIO ALGER ASSN OF DISTINGUISHED AMERICANS INC: $1,300,000 · EducationHORATIO ALGER ASS…Culver Educational Foundation: $1,015,000 · EducationCulver Educationa…STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION: $1,000,000 · EducationSTEPHEN SILLER TU…UCLA FOUNDATION: $1,000,000 · EducationUCLA FOUNDATIONEL EDUCATION INC: $230,000 · EducationMICHIGAN SCIENCE CENTER: $200,000 · Education+4 more: $325,000 · Education+4 moreTHE DETROIT INSTITUTE OF ARTS: $3,500,000 · Arts & CultureTHE DETROIT IN…NANTUCKET DREAMLAND FOUNDATION INC: $435,000 · Arts & CultureNANTUCKET DREA…NATIONAL MEDAL OF HONOR MUSEUM FOUNDATION: $250,000 · Arts & CultureNATIONAL MEDAL…+3 more: $190,000 · Arts & CultureRYAN BLANEY FAMILY FOUNDATION: $235,000 · PhilanthropyTECHFORCE FOUNDATION: $150,000 · PhilanthropyEASY DAY FOUNDATION: $100,000 · PhilanthropyBOYS & GIRLS CLUBS OF SOUTHEASTERN MICHIGAN: $250,000 · Youth DevelopmentTHE MARK DONOHUE FOUNDATION INC: $110,000 · Youth DevelopmentBIRTHSTONE CORPORATION: $250,000 · Human ServicesCHILD SAFE MICHIGAN: $60,000 · Human ServicesFAMILY FIRST INC: $45,000 · Human Services
Health$12,400,000Other$10,203,333Education$5,070,000Arts & Culture$4,375,000Philanthropy$485,000Youth Development$360,000Human Services$355,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetMAYO CLINIC: $6,400,000 over 9y, 0.0% of budgetHENRY FORD HEALTH SYSTEM: $4,000,000 over 3y, 0.0% of budgetTHE DETROIT INSTITUTE OF ARTS: $3,500,000 over 7y, 0.9% of budgetINDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC: $2,500,000 over 2y, 27% of budgetPARALYZED VETERANS OF AMERICA: $1,500,000 over 2y, 0.8% of budgetHORATIO ALGER ASSN OF DISTINGUISHED AMERICANS INC: $1,300,000 over 9y, 1.1% of budgetCulver Educational Foundation: $1,015,000 over 1y, 0.7% of budgetSTEPHEN SILLER TUNNEL TO TOWERS FOUNDATION: $1,000,000 over 1y, 0.2% of budgetUCLA FOUNDATION: $1,000,000 over 1y, 0.1% of budgetNANTUCKET DREAMLAND FOUNDATION INC: $435,000 over 7y, 3.8% of budgetBIRTHSTONE CORPORATION: $250,000 over 1y, 72% of budgetNXG YOUTH MOTORSPORTS INC: $250,000 over 1y, 45% of budgetCANCER VACCINE COALITION INC: $250,000 over 1y, 45% of budgetRYAN BLANEY FAMILY FOUNDATION: $235,000 over 5y, 21% of budgetEL EDUCATION INC: $230,000 over 6y, 0.3% of budgetST JUDE CHILDREN'S RESEARCH HOSPITAL INC: $200,000 over 2y, 0.0% of budgetNANTUCKET CONSERVATION FOUNDATION INC: $165,000 over 8y, 0.7% of budgetTECHFORCE FOUNDATION: $150,000 over 9y, 1.0% of budgetTRUSTEES OF BOSTON UNIVERSITY: $125,000 over 1y, 0.0% of budgetCornell University: $125,000 over 1y, 0.0% of budgetTHE MARK DONOHUE FOUNDATION INC: $110,000 over 2y, 90% of budgetSHATTUCK-ST MARY'S SCHOOL: $100,000 over 1y, 0.3% of budgetNAVY SEAL FOUNDATION INC: $100,000 over 1y, 0.3% of budgetCHILD SAFE MICHIGAN: $60,000 over 6y, 0.7% of budgetCHAPMAN UNIVERSITY: $50,000 over 1y, 0.0% of budgetHABITAT FOR HUMANITY DETROIT: $50,000 over 1y, 1.9% of budgetDETROIT SYMPHONY ORCHESTRA INC: $50,000 over 5y, 0.0% of budgetBRUNSWICK SCHOOL INC: $50,000 over 1y, 0.1% of budgetNational Kidney Foundation Inc: $50,000 over 1y, 0.1% of budgetFAMILY FIRST INC: $45,000 over 1y, 0.2% of budgetDetroit Historical Society: $40,000 over 4y, 0.4% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Ford PhilanthropyCommunity Foundation …DTE Energy FoundationThe Kresge FoundationWK Kellogg FoundationRaymond James Charita…Gs Donor Advised Phil…The Ayco Charitable F…Charities Aid Foundat…National Philanthropi…Jpmorgan Chase Founda…The Bank of America C…
Ford PhilanthropyMI17.4× affinity6 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Ford Philanthropy · Community Foundation for Southeast Michigan · DTE Energy Foundation · The Kresge Foundation · WK Kellogg Foundation · Raymond James Charitable Endowment Fund · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · The Ayco Charitable Foundation · Charities Aid Foundation America · National Philanthropic Trust · Jpmorgan Chase Foundation · The Bank of America Charitable Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Penske Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Penske Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 20%6%25%56%100%funder's share of their income ↑0%19%38%56%75%share of the org’s income from government →median 4%
  • Trustees of Boston University: 12% of income from government
  • Nantucket Dreamland Foundation Inc: 4% of income from government
  • Nantucket Conservation Foundation Inc: 4% of income from government
no gov moneyreceives it· size = income
2get no government money at all
6report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–75%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Penske Foundation Inc?

Find your warmest path to Penske Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 51 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Penske’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home