Nonprofit · EIN 27-4648290
PENSKE FOUNDATION INC
Tax-exempt · BLOOMFLD HLS, MI 48302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $15,134,391 | $11,016,373 | $4,118,018 | $219,322,681 | $0 | $219,322,681 |
| December 31, 2024 | 990-PF | $108,666,194 | $9,502,203 | $99,163,991 | $215,204,663 | $0 | $215,204,663 |
| December 31, 2023 | 990-PF | $101,468,070 | $2,435,497 | $99,032,573 | $116,040,672 | $0 | $116,040,672 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $5,387,832
- Interest
- $696,341
- Net gain from sales of assets
- $9,050,218
Expenses
- Grants and similar amounts paid
- $10,843,333
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $10,847,258
- Excise tax on investment income
- $210,368
Balance sheet and other
- Total assets, start of year
- $215,204,663
- Total assets, end of year
- $219,322,681
- Total liabilities, end of year
- $0
- Net assets, end of year
- $219,322,681
- Fair market value of assets
- $231,845,781
- Qualifying distributions
- $10,847,258
- Net investment income
- $15,134,391
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN H PENSKE 1241 CLUB DRIVE, BLOOMFIELD HILLS, MI 48302 | CO-PRESIDENT | 1 | $0 |
| BLAIR PENSKE HALL 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | CO-PRESIDENT | 1 | $0 |
| LAWRENCE N BLUTH 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | SECRETARY | 1 | $0 |
| ANGELA BROADDUS 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | TREASURER | 1 | $0 |
| GREGORY W PENSKE 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| MARK H PENSKE 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| JAY C PENSKE 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| ROGER S PENSKE JR 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN H PENSKE 1241 CLUB DRIVE, BLOOMFIELD HILLS, MI 48302 | PRESIDENT | 1 | $0 |
| LAWRENCE N BLUTH 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | SECRETARY | 1 | $0 |
| ANGELA BROADDUS 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | TREASURER | 1 | $0 |
| ROGER S PENSKE JR 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| GREGORY W PENSKE 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| MARK H PENSKE 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| JAY C PENSKE 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| BLAIR PENSKE HALL 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN H PENSKE 1241 CLUB DRIVE, BLOOMFIELD HILLS, MI 48302 | PRESIDENT | 1 | $0 |
| LAWRENCE N BLUTH 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | SECRETARY | 1 | $0 |
| ANGELA BROADDUS 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | TREASURER | 1 | $0 |
| ROGER S PENSKE JR 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| GREGORY W PENSKE 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| MARK H PENSKE 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| JAY C PENSKE 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
| BLAIR PENSKE HALL 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI 48302 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2555 S TELEGRAPH RD, BLOOMFLD HLS, MI 48302-0912
- In care of
- % MARY LOU PERNICANO
- Signed the 990-PF
- ANGELA BROADDUS, TREASURER
- Phone
- (248) 648-2369
- Return prepared by
- SCHWARTZ LASSON HARRIS LTD
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-4648290
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $219,322,681
- Income (IRS master file)
- $50,845,024
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $15,134,391 | $11,016,373 | $219,322,681 | IRS |
| 990-PF | December 2024 | $108,666,194 | $9,502,203 | $215,204,663 | IRS |
| 990-PF | December 2023 | $101,468,070 | $2,435,497 | $116,040,672 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4648290).
Questions about PENSKE FOUNDATION INC
- What is the EIN of PENSKE FOUNDATION INC?
- The employer identification number (EIN) of PENSKE FOUNDATION INC is 27-4648290.
- Is PENSKE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to PENSKE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PENSKE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PENSKE FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PENSKE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of PENSKE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does PENSKE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $15,134,391, expenses of $11,016,373 and total assets of $219,322,681 at year end.
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