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.

EIN:
38-1359217
City:
State:
Metro:
Website:
Phone:
248-643-9630
Facebook:
Twitter:
Founded:
1928
Type:
501(c)(3)
NTEE:
Revenue:
$275,737,970
Assets:
$3,951,731,079
Fiscal year end:
December
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

Field2017
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
█████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

 NameTypeRevenueLocation
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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