Kresge Foundation

Troy, MI
Tax-exempt since April 1928
EIN: 38-1359217

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$245M (2022)

Expenses

$215M (2022)

Total Assets

$4.04B (2022)

Total Liabilities

$115M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Revenue

$244,988,163

Expenses

$214,603,451

Net Income

$30,384,712

Net Assets

$3,926,242,963

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$577,047	0.2%
Dividends	$3,146,624	1.3%
Sales of Assets	$233,112,875	95.2%
Other Income	$8,151,617	3.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$194,395,793	90.6%
Compensation of Officers*	$4,645,858	2.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,041,565,416
Total Liabilities	$115,322,453
Net Assets	$3,926,242,963

Compensation

Key Employees and Officers	Compensation	Other
Robert J Manilla Stmt 24 (Vp & Cio (Ended 7/1/22))	$1,017,034	$713,384
Richard Rip Rapson Stmt 24 (President, Ceo, Trustee)	$893,330	$134,841
John Barker Stmt 24 (Vp & Cio (Began 7/2/22))	$869,843	$653,057
Jon Gentry Stmt 25 (Investment Managing)	$684,678	$492,219
Elizabeth Goldsberry Stmt 25 (Risk & Oper Managing)	$546,442	$319,800
Amy B Robinson Stmt 24 (Vp, Cfo & Cao, Treasurer)	$476,704	$102,845
Venus Phillips Stmt 25 (Investment Managing)	$463,078	$366,777
Aaron Seybert Stmt 25 (Managing Director)	$384,984	$81,407
Benjamin S Kennedy Stmt 24 (Vp, Programs)	$376,250	$81,491
Adrian Ohmer Stmt 25 (Investment Director)	$315,745	$212,073
Zenna Elhasan Stmt 24 (General Counsel & Board Secretary)	$309,611	$72,039
Cecilia Munoz Stmt 24 (Board Chair (Began 3/22), Trustee)	$41,000	$0
James L Bildner Stmt 24 (Trustee)	$28,500	$0
Richard R Buery Jr Stmt 24 (Trustee)	$28,500	$0
Kathy Ko Chin Stmt 24 (Trustee)	$28,500	$0
John A Fry Stmt 24 (Trustee)	$28,500	$0
Cynthia L Kresge Stmt 24 (Trustee)	$28,500	$0
Maria Otero Stmt 24 (Trustee)	$28,500	$0
Paula B Pretlow Stmt 24 (Trustee)	$28,500	$0
Suzanne Shank Stmt 24 (Trustee)	$28,500	$0
Elaine D Rosen Stmt 24 (Bd Chair (End 2/22) Trustee (End 6/22))	$16,750	$0
Michael S Barr Stmt 24 (Trustee (Ended 6/22))	$14,250	$0
Paul C Hillegonds Stmt 24 (Trustee (Ended 6/22))	$14,250	$0
Saunteel Jenkins Stmt 24 (Trustee (Began 7/22))	$14,250	$0
Nancy M Schlichting Stmt 24 (Trustee (Ended 6/22))	$14,250	$0

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990-PF

Filed on Nov. 13, 2023

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990-T

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Fiscal Year Ending Dec.
2021

Revenue

$373,549,633

Expenses

$238,258,079

Net Income

$135,291,554

Net Assets

$4,537,283,345

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,503,857	0.7%
Sales of Assets	$368,823,722	98.7%
Other Income	$2,222,054	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$187,006,608	78.5%
Compensation of Officers*	$3,672,449	1.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,659,732,301
Total Liabilities	$122,448,956
Net Assets	$4,537,283,345

Compensation

Key Employees and Officers	Compensation	Other
Robert J Manilla Stmt 26 (Vp & Cio)	$1,237,970	$758,613
Richard Rip Rapson Stmt 26 (President, Ceo, Trustee)	$851,000	$128,260
John Barker Stmt 27 (Deputy Cio)	$639,556	$362,478
Jon Gentry Stmt 27 (Investment Managing)	$639,040	$371,311
Elizabeth Goldsberry Stmt 27 (Risk & Oper Managing)	$464,012	$228,030
Amy B Robinson Stmt 26 (Vp, Cfo & Cao, Treasurer)	$454,478	$101,081
Benjamin S Kennedy Stmt 26 (Vp, Programs)	$359,960	$75,922
Aaron Seybert Stmt 27 (Managing Director)	$358,325	$74,943
Venus Phillips Stmt 27 (Managing Director)	$325,229	$196,685
Zenna Elhasan Stmt 26 (General Counsel & Board Secretary)	$263,000	$61,759
Elaine D Rosen Stmt 26 (Board Chair, Trustee)	$43,500	$0
Michael S Barr Stmt 26 (Trustee)	$28,500	$0
James L Bildner Stmt 26 (Trustee)	$28,500	$0
Richard R Buery Jr Stmt 26 (Trustee)	$28,500	$0
Kathy Ko Chin Stmt 26 (Trustee)	$28,500	$0
John A Fry Stmt 26 (Trustee)	$28,500	$0
Paul C Hillegonds Stmt 26 (Trustee)	$28,500	$0
Cynthia L Kresge Stmt 26 (Trustee)	$28,500	$0
Cecilia Munoz Stmt 26 (Trustee)	$28,500	$0
Maria Otero Stmt 26 (Trustee)	$28,500	$0
Paula B Pretlow Stmt 26 (Trustee)	$28,500	$0
Nancy M Schlichting Stmt 26 (Trustee)	$28,500	$0
Suzanne Shank Stmt 26 (Trustee)	$28,500	$0

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990-PF

Filed on Nov. 16, 2022

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990-T

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Fiscal Year Ending Dec.
2020

Revenue

$288,149,512

Expenses

$168,618,328

Net Income

$119,531,184

Net Assets

$4,107,989,347

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,500	0.0%
Interest Revenue	$40,858	0.0%
Dividends	$389,561	0.1%
Sales of Assets	$286,347,083	99.4%
Other Income	$1,370,510	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$177,938,803	> 100%
Compensation of Officers*	$3,414,027	2.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,221,623,029
Total Liabilities	$113,633,682
Net Assets	$4,107,989,347

Compensation

Key Employees and Officers	Compensation	Other
Robert J Manilla Stmt 26 (Vp & Cio)	$1,217,816	$619,243
Richard Rip Rapson Stmt 26 (President, Ceo)	$850,557	$125,558
Jon Gentry Stmt 27 (Investment Managing)	$611,879	$304,863
John Barker Stmt 27 (Investment Managing)	$555,081	$268,571
Amy B Robinson Stmt 26 (Vp, Cfo & Cao)	$455,063	$98,367
Elizabeth Goldsberry Stmt 27 (Risk & Oper Managing)	$423,738	$186,712
Aaron Seybert Stmt 27 (Managing Director)	$350,634	$70,866
Benjamin S Kennedy Stmt 26 (Vp, Programs)	$347,910	$71,443
Lois Debacker Stmt 27 (Managing Director)	$307,517	$53,542
Ariel H Simon Stmt 26 (Vp, Chief Prog. Officer (Ended 5/2020))	$181,211	$30,446
Elaine D Rosen Stmt 26 (Board Chair, Trustee)	$43,500	$0
James L Bildner Stmt 26 (Trustee)	$28,500	$0
Richard R Buery Jr Stmt 26 (Trustee)	$28,500	$0
Kathy Ko Chin Stmt 26 (Trustee)	$28,500	$0
John A Fry Stmt 26 (Trustee)	$28,500	$0
Paul C Hillegonds Stmt 26 (Trustee)	$28,500	$0
Cynthia L Kresge Stmt 26 (Trustee)	$28,500	$0
Maria Otero Stmt 26 (Trustee)	$28,500	$0
Paula B Pretlow Stmt 26 (Trustee)	$28,500	$0
Nancy M Schlichting Stmt 26 (Trustee)	$28,500	$0
Cecilia Munoz Stmt 26 (Trustee (Leave 8/2020 12/2020))	$16,625	$0
Phillip L Clay Ph D Stmt 26 (Trustee (Ended 6/2020))	$14,250	$0
Steven K Hamp Stmt 26 (Trustee (Ended 6/2020))	$14,250	$0
Michael S Barr Stmt 26 (Trustee (Beginning 9/2020))	$7,125	$0
Suzanne Shank Stmt 26 (Trustee (Beginning 9/2020))	$7,125	$0

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990-PF

Filed on Nov. 15, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$91,952,923

Expenses

$214,517,854

Net Income

-$122,564,931

Net Assets

$3,677,470,142

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$413,245	0.4%
Dividends	$16,561,395	18.0%
Sales of Assets	$74,170,718	80.7%
Other Income	$807,565	0.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$176,840,793	82.4%
Compensation of Officers*	$3,342,855	1.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,838,563,502
Total Liabilities	$161,093,360
Net Assets	$3,677,470,142

Compensation

Key Employees and Officers	Compensation	Other
Robert J Manilla Stmt 27 (Vp & Cio)	$1,288,678	$470,101
Richard Rip Rapson Stmt 27 (President, Ceo)	$809,343	$121,522
Jon Gentry Stmt 28 (Investment Managing)	$691,333	$248,982
Donna Snider Stmt 28 (Investment Managing)	$615,615	$74,992
John Barker Stmt 28 (Investment Managing)	$607,623	$187,123
Elizabeth Goldsberry Stmt 28 (Risk & Oper Managing)	$564,430	$150,574
Amy B Robinson Stmt 27 (Vp, Cfo & Cao)	$428,869	$95,254
Ariel H Simon Stmt 27 (Vp & Cso)	$390,888	$65,960
Benjamin S Kennedy Stmt 27 (Vp, Place Based Practice)	$320,825	$67,081
Lois Debacker Stmt 28 (Managing Director)	$298,989	$53,577
Elaine D Rosen Stmt 27 (Board Chair, Trustee)	$43,500	$0
James L Bildner Stmt 27 (Trustee)	$28,500	$0
Kathy Ko Chin Stmt 27 (Trustee)	$28,500	$0
Phillip L Clay Ph D Stmt 27 (Trustee)	$28,500	$0
John A Fry Stmt 27 (Trustee)	$28,500	$0
Steven K Hamp Stmt 27 (Trustee)	$28,500	$0
Paul C Hillegonds Stmt 27 (Trustee)	$28,500	$0
Cynthia L Kresge Stmt 27 (Trustee)	$28,500	$0
Cecilia Munoz Stmt 27 (Trustee)	$28,500	$0
Maria Otero Stmt 27 (Trustee)	$28,500	$0
Paula B Pretlow Stmt 27 (Trustee)	$28,500	$0
Nancy M Schlichting Stmt 27 (Trustee)	$28,500	$0
Richard R Buery Jr Stmt 27 (Trustee (Beginning 9/2019))	$14,250	$0

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990-PF

Filed on Nov. 16, 2020

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990-T

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Fiscal Year Ending Dec.
2018

Revenue

$253,863,600

Expenses

$153,932,672

Net Income

$99,930,928

Net Assets

$3,595,394,188

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000	0.0%
Interest Revenue	$906,971	0.4%
Dividends	$11,691,147	4.6%
Sales of Assets	$236,840,345	93.3%
Other Income	$4,420,137	1.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$174,383,341	> 100%
Compensation of Officers*	$3,112,711	2.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,724,612,362
Total Liabilities	$129,218,174
Net Assets	$3,595,394,188

Compensation

Key Employees and Officers	Compensation	Other
Robert J Manilla Stmt 26 (Vp & Cio)	$1,356,372	$655,889
Richard Rip Rapson Stmt 26 (President, Ceo)	$787,061	$122,166
Jon Gentry Stmt 27 (Investment Managing)	$720,799	$367,644
Donna Snider Stmt 27 (Investment Managing)	$644,799	$304,975
John Barker Stmt 27 (Investment Managing)	$619,665	$289,209
Elizabeth Goldsberry Stmt 27 (Risk & Oper Managing)	$486,853	$202,810
Amy B Robinson Stmt 26 (Vp, Cfo & Cao)	$417,090	$95,904
Ariel H Simon Stmt 26 (Vp & Cso)	$380,384	$65,107
Sean Feng Stmt 27 (Investment Director)	$348,701	$153,070
Elaine D Rosen Stmt 26 (Board Chair, Trustee)	$43,500	$0
James L Bildner Stmt 26 (Trustee)	$28,500	$0
Kathy Ko Chin Stmt 26 (Trustee)	$28,500	$0
Steven K Hamp Stmt 26 (Trustee)	$28,500	$0
Paul C Hillegonds Stmt 26 (Trustee)	$28,500	$0
Cynthia L Kresge Stmt 26 (Trustee)	$28,500	$0
Cecilia Munoz Stmt 26 (Trustee)	$28,500	$0
Maria Otero Stmt 26 (Trustee)	$28,500	$0
Paula Pretlow Stmt 26 (Trustee)	$28,500	$0
Phillip L Clay Ph D Stmt 26 (Trustee)	$27,000	$0
Nancy M Schlichting Stmt 26 (Trustee)	$27,000	$0
John A Fry Stmt 26 (Trustee (Beginning 9/2018))	$14,250	$0

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990-PF

Filed on Nov. 13, 2019

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990-T

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Fiscal Year Ending Dec.
2017

Revenue

$275,737,970

Expenses

$196,806,941

Net Income

$78,931,029

Net Assets

$3,802,169,699

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$911,328	0.3%
Dividends	$13,092,067	4.7%
Sales of Assets	$261,734,575	94.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$172,549,830	87.7%
Compensation of Officers*	$3,134,525	1.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,951,731,079
Total Liabilities	$149,561,380
Net Assets	$3,802,169,699

Compensation

Key Employees and Officers	Compensation	Other
Robert J Manilla Stmt 28 (Vp & Cio)	$1,271,971	$800,969
Richard Rip Rapson Stmt 28 (President, Ceo)	$742,107	$112,986
Jon Gentry Stmt 29 (Investment Managing)	$711,189	$419,299
Donna Snider Stmt 29 (Investment Managing)	$623,121	$357,475
John Barker Stmt 29 (Investment Managing)	$588,541	$323,747
Elizabeth Goldsberry Stmt 29 (Risk & Oper Managing)	$449,596	$237,800
Amy B Robinson Stmt 28 (Vp, Cfo & Cao)	$399,652	$93,805
Ariel H Simon Stmt 28 (Vp & Cso)	$364,898	$62,910
Sean Feng Stmt 29 (Investment Director)	$327,478	$181,347
Elaine D Rosen Stmt 28 (Board Chair, Trustee)	$43,500	$0
James L Bildner Stmt 28 (Trustee)	$28,500	$0
Phillip L Clay Ph D Stmt 28 (Trustee)	$28,500	$0
Paul C Hillegonds Stmt 28 (Trustee)	$28,500	$0
Cynthia L Kresge Stmt 28 (Trustee)	$28,500	$0
Maria Otero Stmt 28 (Trustee)	$28,500	$0
Paula Pretlow Stmt 28 (Trustee)	$28,500	$0
Nancy M Schlichting Stmt 28 (Trustee)	$28,500	$0
Steven K Hamp Stmt 28 (Trustee)	$27,000	$0
Irene Y Hirano Stmt 28 (Trustee (Ending 6/2017))	$14,250	$0
Cecilia Munoz Stmt 28 (Trustee (Beginning 9/2017))	$14,250	$0
Lee C Bollinger Stmt 28 (Trustee (Ending 6/2017))	$12,750	$0
Kathy Ko Chin Stmt 28 (Trustee (Beginning 9/2017))	$12,750	$0

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990-PF

Filed on Nov. 12, 2018

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990-T

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Fiscal Year Ending Dec.
2016

Revenue

$94,044,421

Expenses

$188,399,886

Net Income

-$94,355,465

Net Assets

$3,505,106,776

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$70,357	0.1%
Dividends	$21,481,709	22.8%
Sales of Assets	$72,492,355	77.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$173,445,186	92.1%
Compensation of Officers*	$3,019,565	1.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,649,229,042
Total Liabilities	$144,122,266
Net Assets	$3,505,106,776

Compensation

Key Employees and Officers	Compensation	Other
Robert J Manilla Stmt 26 (Vp & Cio)	$1,272,019	$804,860
Jon Gentry Stmt 27 (Investment Managing)	$738,154	$442,316
Richard Rip Rapson Stmt 26 (President, Ceo)	$702,780	$110,178
Donna Snider Stmt 27 (Investment Managing)	$634,511	$366,371
John Barker Stmt 27 (Investment Managing)	$566,820	$347,238
Elizabeth Goldsberry Stmt 27 (Risk & Oper Managing)	$412,057	$215,665
Amy B Robinson Stmt 26 (Vp & Cfo)	$365,956	$90,477
Ariel H Simon Stmt 26 (Vp & Cso)	$345,577	$60,429
Sean Feng Stmt 27 (Investment Director)	$317,013	$188,147
Elaine D Rosen Stmt 26 (Board Chair, Trustee)	$43,500	$0
James L Bildner Stmt 26 (Trustee)	$28,500	$0
Steven K Hamp Stmt 26 (Trustee)	$28,500	$0
Paul C Hillegonds Stmt 26 (Trustee)	$28,500	$0
Irene Y Hirano Stmt 26 (Trustee)	$28,500	$0
Cynthia L Kresge Stmt 26 (Trustee)	$28,500	$0
Maria Otero Stmt 26 (Trustee)	$28,500	$0
Paula Pretlow Stmt 26 (Trustee)	$28,500	$0
Phillip L Clay Ph D Stmt 26 (Trustee)	$27,000	$0
Lee C Bollinger Stmt 26 (Trustee)	$25,500	$0
Nancy M Schlichting Stmt 26 (Trustee)	$25,500	$0

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990-PF

Filed on Nov. 14, 2017

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990-T

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Fiscal Year Ending Dec.
2015

Revenue

$161,913,798

Expenses

$170,358,569

Net Income

-$8,444,771

Net Assets

$3,543,541,365

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$878	0.0%
Dividends	$19,596,770	12.1%
Sales of Assets	$142,316,150	87.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$158,346,142	92.9%
Compensation of Officers*	$2,985,141	1.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,700,727,439
Total Liabilities	$157,186,074
Net Assets	$3,543,541,365

990-PF

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Fiscal Year Ending Dec.
2014

Revenue

$360,228,085

Expenses

$194,301,974

Net Income

$165,926,111

Net Assets

$3,544,625,107

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7,871	0.0%
Dividends	$13,193,941	3.7%
Sales of Assets	$347,026,273	96.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$158,486,616	81.6%
Compensation of Officers*	$2,432,483	1.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,666,563,884
Total Liabilities	$121,938,777
Net Assets	$3,544,625,107

990-PF

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2013

Revenue

$179,728,575

Expenses

$170,639,271

Net Income

$9,089,304

Net Assets

$3,440,401,413

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$18,563	0.0%
Dividends	$10,674,706	5.9%
Sales of Assets	$169,035,306	94.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$146,536,268	85.9%
Compensation of Officers*	$2,211,914	1.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,543,405,167
Total Liabilities	$103,003,754
Net Assets	$3,440,401,413

990-PF

Primary tax return for a private foundation's activities, finances, and governance

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990-T

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Fiscal Year Ending Dec.
2012

Revenue

$203,762,471

Expenses

$156,419,604

Net Income

$47,342,867

Net Assets

$3,144,745,584

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,096	0.0%
Dividends	$4,681,603	2.3%
Sales of Assets	$199,075,772	97.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$156,849,342	> 100%
Compensation of Officers*	$2,217,939	1.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,301,625,267
Total Liabilities	$156,879,683
Net Assets	$3,144,745,584

990-PF

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2011

Revenue

$163,682,202

Expenses

$174,924,549

Net Income

-$11,242,347

Net Assets

$2,914,140,328

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11,051	0.0%
Dividends	$4,479,171	2.7%
Sales of Assets	$159,191,980	97.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$155,164,510	88.7%
Compensation of Officers*	$1,740,986	1.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,025,786,097
Total Liabilities	$111,645,769
Net Assets	$2,914,140,328

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated October 30, 2024

Kresge Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $245M (2022)

Expenses $215M (2022)

Total Assets $4.04B (2022)

Total Liabilities $115M (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Revenue

$245M (2022)

Expenses

$215M (2022)

Total Assets

$4.04B (2022)

Total Liabilities

$115M (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001