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Filing year 2024

THE KRESGE FOUNDATION

Troy, Michigan·EIN 38-1359217·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$61.3M
Total assets
$4B
Total expenses
$214.4M
Reported officers
18

Executive compensation

Form 990-PF · Part VIII · 18 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan.

VP & CIO
Chief Information Officer
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$1.2M
$1.3M
President, Ceo, Trustee
Board Member
Above 90th percentile
$953k
$1M
Vp, CFO & Cao, Treasurer
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$552k
$583k
Vp, Programs
Board Vice President
Above 90th percentile
$454k
$480k
General Counsel & Board Secretary
Board Secretary
Above 90th percentile
$397k
$419k
Board Chair, Trustee
Board Chair
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$44k
$46k
Trustee
Board Member
75th to 90th percentile
$29k
$30k
Trustee
Board Member
75th to 90th percentile
$29k
$30k
Trustee
Board Member
75th to 90th percentile
$29k
$30k
Trustee (ended 12/24)
Board Member
75th to 90th percentile
$29k
$30k
Trustee
Board Member
75th to 90th percentile
$29k
$30k
Trustee
Board Member
75th to 90th percentile
$29k
$30k
Trustee
Board Member
75th to 90th percentile
$29k
$30k
Trustee
Board Member
75th to 90th percentile
$29k
$30k
Trustee (ended 6/24)
Board Member
Median to 75th percentile
$14k
$15k
Trustee (ended 6/24)
Board Member
Median to 75th percentile
$14k
$15k
Trustee (began 6/24)
Board Member
Median to 75th percentile
$14k
$15k
Trustee (began 6/24)
Board Member
Median to 75th percentile
$14k
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE KRESGE FOUNDATION equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$170M

Itemized grants

800

Median grant

$140k

RecipientLocationPurposeAmount
FOUNDATION FOR DETROITS FUTUREDETROIT, MIPROJECT SUPPORT FOR THE DETROIT RETIREE- ART TRUST$5M
THE BLACKBAUD GIVING FUNDCHARLESTON, SCMATCHING GIFT$4.4M
COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGANDETROIT, MIGENERAL OPERATING SUPPORT$2.8M
VOSE RIVER CHARITABLE FUNDBETHESDA, MDPROJECT SUPPORT GRANT TO SUPPORT UNIVERSITY OF SOUTH FLORIDA COLLEGE OF PUBLIC HEALTH (COPH) TO SERVE AS THE NEW NATIONAL PROGRAM OFFICE (NPO)$2.7M
THE BARACK OBAMA FOUNDATIONCHICAGO, ILPROJECT SUPPORT GRANT TO SUPPORT THE OBAMA FOUNDATION$2.4M
ROCKEFELLER PHILANTHROPY ADVISORS INCNEW YORK, NYPROJECT SUPPORT TO AID OPERATING SUPPORT TO THE CENTER FOR COMMUNITY INVESTMENT.$2.1M
MARYGROVE CONSERVANCY SUPPORT CORPORATIONDETROIT, MIPROJECT SUPPORT GRANT TO THE MARYGROVE CONSERVANCY SUPPORT CORPORATION (MCSC) TO FUND THE NEW MARKET TAX CREDITS TRANSACTION FOR THE MARYGROVE EARLY EDUCATION CENTER.$2M
OFFICE OF THE ASSISTANT SECRETARY FOR INDIAN AFFAIRSWASHINGTON, DCPROJECT SUPPORT GRANT TOWARD THE COLLECTION OF ORAL HISTORIES AND ESTABLISH A PERMANENT COLLECTION OF ARTIFACTS.$2M
WAYNE STATE UNIVERSITY RESEARCH & TECHNOLOGY PARK IN THE CITY OF DETROITDETROIT, MIPROJECT SUPPORT TO CO.ACT DETROIT TO FOR KRESGE INNOVATIVE PROJECTS: DETROIT ROUND 9.$2M
COLLEGE FOR CREATIVE STUDIESDETROIT, MIPROJECT SUPPORT GRANT TO CONTRIBUTE TO THE VIBRANCY OF DETROIT COMMUNITIES BY PROVIDING CRITICAL SUPPORT TO INDIVIDUAL ARTISTS IN THE TRI-COUNTY REGION.$1.8M
CULTURESOURCEDETROIT, MIPROJECT SUPPORT TO AID SUPPORT TO CULTURESOURCE FOR THE 2024 AND 2025 IMPLEMENTATION OF KEY PROGRAMMATIC FUNCTIONS FOR THE DETROIT ARTS SUPPORT INITIATIVE$1.8M
ENTERPRISE COMMUNITY PARTNERS INCCOLUMBIA, MDPROJECT SUPPORT TO AID PROVIDES SUPPORT TO ENTERPRISE COMMUNITY PARTNERS FOR ITS CDO FUND$1.7M
M-1 RAILDETROIT, MIGENERAL OPERATING SUPPORT$1.6M
DETROIT FUTURE CITYDETROIT, MIPROJECT SUPPORT GRANT TO SUPPORT ITS LAND USE AND SUSTAINABILITY, COMMUNITY AND ECONOMIC DEVELOPMENT, COMMUNITY ENGAGEMENT, AND RESEARCH INITIATIVES AND EXPAND TEAM CAPACITY.$1.4M
URBAN INSTITUTEWASHINGTON, DCPROJECT SUPPORT GRANT TO SUPPORT LOCAL LEADERS IN UNDER-RESOURCED CITIES$1.1M
POLICYLINKOAKLAND, CAGENERAL OPERATING SUPPORT$1.1M
TIDES CENTERLOS ANGELES, CAPROJECT SUPPORT TO AID SUPPORTS ONE NATION/ONE PROJECT, A TWO-YEAR INITIATIVE TO IMPROVE SOCIAL COHESION AND COMMUNITY WELL-BEING THROUGH ARTS AND CULTURE$1M
LIVING CITIES BLENDED CATALYST FUND LLCWASHINGTON, DCGENERAL OPERATING SUPPORT$800k
COMMUNITY SERVICES UNLIMITEDLOS ANGELES, CAPROJECT SUPPORT GRANT TO THE EQUITABLE FOOD ORIENTED DEVELOPMENT (EFOD)$745k
DETROIT RIVERFRONT CONSERVANCY INCDETROIT, MIGENERAL OPERATING SUPPORT$739k
CLIMATE JUSTICE ALLIANCELOS ANGELES, CAGENERAL OPERATING SUPPORT$725k
DAISA ENTERPRISES LLCSOUTH HADLEY, MAPROJECT GRANT WILL SUPPORT THE BACKBONE STAFFING AND FACILITATION OF THE EQUITABLE FOOD ORIENTED DEVELOPMENT EFOD COLLABORATIVE.$705k
ECONOMIC SECURITY PROJECT INCNEW YORK, NYPROJECT GRANT SUPPORT FOR THE NEXT PHASE OF THE PARTNERSHIP WITH THE ECONOMIC SECURITY PROJECT (ESP).$700k
HISTORIC CLAYBORN TEMPLEMEMPHIS, TNPROJECT SUPPORT GRANT TO ASSIST OPERATIONS AND PROGRAMS IN SOUTH MEMPHIS NEIGHBORHOOD, CITYWIDE AND BEYOND.$700k
MDC INCDURHAM, NCPROJECT SUPPORT GRANT FOR THE CONTINUED PARTNERSHIP WITH MDC FOCUSING ON ADVANCING SOCIAL AND ECONOMIC SUCCESS$700k
Compare this foundation's grantees

Up 9%
from 2023

From $1.1M in 2023 to $1.2M in 2024.

$1.1M
2023
$1.2M
2024
In today's dollarsEst.
Up 5% in real terms$1.2M to $1.3M

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Information Officer pay rose 9% from 2023 to 2024, while revenue fell 78%.

$1.1M in 2023 to $1.2M in 2024.
  • Board Member pay rose 3% from 2023 to 2024.
  • Chief Financial Officer pay rose 13% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE KRESGE FOUNDATION

What does the Chief Information Officer of THE KRESGE FOUNDATION earn?

In 2024, the Chief Information Officer of THE KRESGE FOUNDATION received $1,193,764 in total compensation. This pay is in the top 10% for Chief Information Officer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Information Officer pay at THE KRESGE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Chief Information Officer at THE KRESGE FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE KRESGE FOUNDATION equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE KRESGE FOUNDATION's revenue and expenses?

In 2024, THE KRESGE FOUNDATION reported $61.3M in total revenue and $214.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.