NFP500

#399 of 500 · Foundation / Grantmaker / DAF

W K Kellogg Foundation

EIN 38-1359264 · MI · NTEE T21 · Form 990-PF, fiscal 2023

One of the largest private philanthropic foundations in the United States. Established in 1930 by breakfast-cereal pioneer Will Keith Kellogg, it makes grants nationally and internationally focused on vulnerable children, families and communities. Its work emphasizes education and early learning, food security and health, family economic security, and racial equity, aiming to create conditions in which children can thrive. It operates as a 990-PF private grantmaking foundation.

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Financials, fiscal 2023

Revenue
$383.2M
Expenses
$522.4M
Total assets
$474.5M
Net assets
$126.8M
Operating margin
-36.3%
1-year growth
-3.3%
5-year growth (CAGR)
1.8%
Reserve (years of spending)
2.9
Contributions share
98.4%
Programme spending
n/a
Fundraising cost
n/a
Executive pay share
0.81%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
9

NFP Health Score: 63 / 100

Financial 40 · Governance 85 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To support children, families and communities as they strengthen and create conditions that propel vulnerable children to achieve success as individuals and as contributors to the larger community and society.

Revenue history

YearRevenue
2019$356.4M
2020$353.9M
2021$669.8M
2022$396.2M
2023$383.2M