W K Kellogg Foundation
- Assets
- $631.1m
- Revenue
- $669.8m
- Investments
- $289.2m
- Employees
- 0
- Location
- Battle Creek, MI
- Founding
- 07/2014
- Data as of
- 08/2021
- EIN
- 38-1359264
Organization Overview
W K Kellogg Foundation is located in Battle Creek, MI. The organization was established in 2014. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. W K Kellogg Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, W K Kellogg Foundation generated $669.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $571.7m during the year ending 08/2021. While expenses have increased by 3.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, W K Kellogg Foundation has awarded 17,038 individual grants totaling $3,948,044,154. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
EXPANDING EQUITY (SEE STATEMENT)
TRUTH, RACIAL HEALING & TRANSFORMATION (TRHT) / NATIONAL DAY OF RACIAL HEALING (NDORH) (SEE STATEMENT)
RACIAL EQUITY 2030 CHALLENGE (SEE STATEMENT)
SOLIDARITY COUNCIL ON RACIAL EQUITY (SCORE) (SEE STATEMENT)
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 7 | $60,000 | |
Joseph Scantlebury VP Place-Based Prog | 40 | $447,524 | |
Paul Martinez Chief Ldshp Strat | 40 | $429,425 | |
Neal Graziano Dir Of Investments | 40 | $429,046 | |
Reginald Sanders Dir Of Investments | 40 | $396,011 | |
Alandra Washington VP Trnsfm Org Eff | 40 | $326,475 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fluxx Labs Inc | 8/30/21 | $1,050,139 |
Mckinsey & Co Inc | 8/30/21 | $10,189,833 |
Michigan Public Health Institute | 8/30/21 | $1,250,159 |
Information Technology Partners Inc | 8/30/21 | $2,031,953 |
Propper Daley Llc | 8/30/21 | $3,520,085 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $658,240,016 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,935,571 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,406,472 |
| Capital Gain Net Income | $4,490,652 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $197,469 |
| Total Revenue | $669,779,528 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,891,214 |
| Other employee salaries and wages | $22,584,934 |
| Pension plans, employee benefits | $5,376,610 |
| Interest | $0 |
| Taxes | $679,733 |
| Depreciation | $3,492,335 |
| Occupancy | $2,333,053 |
| Travel, conferences, and meetings | -$103,352 |
| Printing and publications | $172,189 |
| Other expenses | $6,136,232 |
| Total operating and administrative expenses | $74,742,581 |
| Contributions, gifts, grants paid | $496,959,820 |
| Total expenses and disbursements | $571,702,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $74,042,897 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $150,000,000 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $907,872 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $150,257,069 |
| Net Land, buildings, and equipment | $49,556,039 |
| Other assets | $67,463,664 |
| Total assets | $631,135,261 |
| Accounts payable and accrued expenses | $6,820,529 |
| Grants payable | $272,925,004 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $91,549,549 |
| Total liabilities | $371,295,082 |
Grants Awarded
Over the last fiscal year, W K Kellogg Foundation has awarded $673,863,603 in support to 2,461 organizations.
| Grant Recipient | Amount |
|---|---|
Battle Creek, MI PURPOSE: CREATE A HOSPITALITY TRAINING PROGRAM, CAREER PATHWAYS AND FULL-TIME JOBS FOR BATTLE CREEK RESIDENTS WHILE ATTRACTING VISITORS TO SUPPORT BATTLE CREEK SMALL BUSINESSES AND RAISE THE LOCAL TAX BASE BY RENOVATING MCCAMLY HOTEL AND THE ADJACENT UNIT 2 PROPERTY | $12,000,000 |
BATTLE CREEK PUBLIC SCHOOLS PURPOSE: TRANSFORM BATTLE CREEK PUBLIC SCHOOLS TO ADDRESS STRUCTURAL BIAS AND SEGREGATION IN BATTLE CREEK, MICHIGAN, BY PROVIDING QUALITY AND EQUITABLE OPPORTUNITIES TO STUDENTS PRE-K TO 12TH GRADE AND THEIR FAMILIES TO IMPROVE SCHOOL READINESS, EARLY SUCCESS AND COLLEGE AND CAREER PREPARATION | $9,547,490 |
Battle Creek, MI PURPOSE: CREATE A HOSPITALITY TRAINING PROGRAM, CAREER PATHWAYS AND FULL-TIME JOBS FOR BATTLE CREEK RESIDENTS WHILE ATTRACTING VISITORS TO SUPPORT BATTLE CREEK SMALL BUSINESSES AND RAISE THE LOCAL TAX BASE BY RENOVATING MCCAMLY HOTEL AND THE ADJACENT UNIT 2 PROPERTY | $8,000,000 |
Allendale, MI PURPOSE: SUPPORT THE TRANSFORMATION IN BATTLE CREEK PUBLIC SCHOOLS BY PROVIDING STUDENTS COLLEGE/CAREER READINESS OPPORTUNITIES, INCLUDING TEACHER AND HEALTH PROFESSIONS PIPELINES TOWARDS IMPROVED RECRUITMENT, PREPARATION AND RETENTION OF EDUCATORS FOR THE DISTRICT AND HEALTH PROFESSIONALS FOR THE COMMUNITY | $5,919,655 |
Chicago, IL PURPOSE: SUPPORT THE ADVANCEMENT OF RACIAL HEALING PRACTICE AND COMMUNITY ENGAGEMENT FOR NEIGHBORHOOD LEADERS AND RACIAL EQUITY PRACTITIONERS THROUGH THE DEVELOPMENT OF A COMMUNITY HEALING HUB | $5,000,000 |
BAOBA FUNDO PARA EQUIDADE RACIAL PURPOSE: ESTABLISH AN ENDOWMENT FUND TO SUPPORT THE SUSTAINABILITY OF THE ADVANCEMENT OF RACIAL EQUITY APPROACHES FOR SOCIAL DEVELOPMENT OF VULNERABLE CHILDREN AND COMMUNITIES IN THE BRAZILIAN LOCUS OF THE AFRICAN DIASPORA | $4,988,196 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that W K Kellogg Foundation has recieved totaling $95,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Delaware County Lewis Center, OH PURPOSE: RETURN OF FUNDS FOR P0131628 | $95,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W K Kellogg Foundation Trust-T/A 5315 Battle Creek, MI | $8,347,091,144 | $476,240,954 |
W K Kellogg Foundation Battle Creek, MI | $631,135,261 | $669,779,528 |
Lynde And Harry Bradley Foundation Inc Milwaukee, WI | $1,061,478,184 | $82,867,746 |
Herbert H & Grace A Dow Foundation Midland, MI | $575,608,768 | $36,767,282 |
Dte Energy Foundation Detroit, MI | $165,950,300 | $32,183,321 |
Progressive Insurance Foundation Cleveland, OH | $7,804,354 | $47,823,383 |
Highlands Foundation Inc Madison, WI | $16,807,622 | $1,089,528 |
Rockwell Automation Charitable Corporation Milwaukee, WI | $6,137,007 | $10,007,891 |
Third Federal Foundation Cleveland, OH | $35,709,526 | $3,618,702 |
Gii Charities Grand Rapids, MI | $4,065,002 | $6,112,431 |
Westfield Insurance Foundation Westfield Center, OH | $42,931,784 | $4,362,594 |
Morgan Family Foundation Yellow Springs, OH | $51,827,477 | $1,582,241 |