Cause IQ organization profile

Kresge Foundation

Form 990s | Financials | Vendors | Personnel | Peers

Kresge Foundation is a private foundation based in Troy, MI that was founded in 1928. As of 2018 they had $275 million in revenue and $3.9 billion in assets.

To expand opportunities in America's cities through grantmaking and social investing in arts and culture, education, environment, health, human services and community development in Detroit.

Fiscal year end:
Revenue trends:
Asset trends:

Form 990s for Kresge Foundation

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 19, 2020990PFView PDF
2017-12Mar 15, 2019990PFView PDF
2016-12Jan 18, 2018990PFView PDF
2015-12Sep 19, 2017990PFView PDF
2015-12Nov 23, 2016990PFView PDF
...and four more Form 990 PDFs

Financials for Kresge Foundation

Total grants, contributions, etc.$0
Investment income and dividends$14,003,395
Net rental income$0
Net gain from sale of non-inventory assets$261,734,575
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$275,737,970

Vendors for Kresge Foundation

VendorServicesAmount paidDate
Campaign MonitorMarketing software2020-06-15
██████Content management system software2020-06-15
████████ ███ ███Tax accounting; Tax Services$386,2972019-02-19
██████ ███Legal Services$353,0312017-12-01
███████████ ████████ ███ ██████Cafe Catering and Supplies$354,4172017-12-01
████ ████████ ███Consulting$596,3762017-12-01
████ █████ ███████ ██████████ ███Investment Management$700,8942017-12-01

Personnel at Kresge Foundation

NameTitleCompensationMost recent data
Ariel H. SimonVice President , Chief Program and Strategy Officer / Chief Strategy Officer and Deputy To the President-Jan. 28, 2018
Chera D. ReidDirector of Strategic Learning , Research and Evaluation / Program Officer-Jan. 28, 2018
███████ ███ ██████ ████President , Chief Executive Officer$702,780Dec. 31, 2016
███ █ ████████ ████Vice President and Chief Financial Officer$365,956Dec. 31, 2016
█████ █ █████ ████Vice President and Cso$345,577Dec. 31, 2016
██████ █ ███████ ████Vice President and Chief Information Officer$1.2 millionDec. 31, 2016

Peer private foundations

1Charles Stewart Mott Foundation501(c)(3)$231 millionFlint, MI
2Barr Foundation501(c)(3)$150 millionBoston, MA
3W.K. Kellogg Foundation (WKKF)501(c)(3)$386 millionBattle Creek, MI
4The Wallace Foundation501(c)(3)$86 millionNew York, NY
5Cotsen Foundation for the Art of Teaching501(c)(3)$178 millionLos Angeles, CA
6Ewing Marion Kauffman Foundation501(c)(3)$177 millionKansas City, MO
7John S. and James L. Knight Foundation501(c)(3)$186 millionMiami, FL
8Annie E Casey Foundation (AECF)501(c)(3)$152 millionBaltimore, MD
9The Heinz Endowments501(c)(3)$114 millionPittsburgh, PA
10The Ford Foundation501(c)(3)$757 millionNew York, NY
11Harry & Jeanette Weinberg Foundation501(c)(3)$138 millionOwings Mills, MD
12Surdna Foundation501(c)(3)$81 millionNew York, NY
13GHR Foundation501(c)(3)$98 millionMinneapolis, MN
14Margaret A Cargill Foundation501(c)(3)$96 millionEden Prairie, MN
15Andrew W. Mellon Foundation501(c)(3)$483 millionNew York, NY
16Community Foundation for Southeast Michigan (CFSEM)501(c)(3)$139 millionDetroit, MI
17George Gund Foundation501(c)(3)$76 millionCleveland, OH
18Richard M Schulze Family Foundation501(c)(3)$80 millionMinneapolis, MN
19Foundation for A Just Society (FJS)501(c)(3)$125 millionNew York, NY
20The Leona M and Harry B Helmsley Charitable Trust501(c)(3)$191 millionNew York, NY
21David and Lucile Packard Foundation501(c)(3)$355 millionLos Altos, CA
22Moody Gardens501(c)(3)$101 millionGalveston, TX
23Michael and Susan Dell Foundation (MSDF)501(c)(3)$139 millionAustin, TX
24Simons Foundation501(c)(3)$441 millionNew York, NY
25Robert Wood Johnson Foundation (RWJF)501(c)(3)$548 millionPrinceton, NJ

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