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W. K. Kellogg Foundation

 
Hoover's Profile: W.K. Kellogg Foundation
Contact Information
W.K. Kellogg Foundation
1 Michigan Ave. East
Battle Creek, MI 49017-4012
MI Tel. 269-968-1611
Fax 269-968-0413

Type: Private - Foundation
On the web: http://www.wkkf.org
Employees: 192
Employee growth: (0.5%)

Charitable grants from W.K. Kellogg Foundation are grrrrrrrrrreat! Founded in 1930 by cereal industry pioneer Will Keith Kellogg, the foundation provides more than $300 million in grants annually to programs focused on youth and education, health, food systems and rural development, and philanthropy and volunteerism. Most of its grants go to initiatives in the US, although it also makes grants throughout Latin America and Africa as well. The work of the W.K. Kellogg Foundation is supported by a related trust; together, the foundation and the trust have assets of more than $9 billion -- mainly in Kellogg Company stock.

Key numbers for fiscal year ending August, 2007:
Sales: $423.5M
One year growth: 16.2%

Officers:
Chairman: Cynthia H. Milligan
President and CEO: Sterling K. Speirn
SVP, CFO, and Treasurer: La June Montgomery-Talley

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Wikipedia: W. K. Kellogg Foundation
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The W.K. Kellogg Foundation was founded in June 1930 as the W.K. Kellogg Child Welfare Foundation by breakfast cereal pioneer Will Keith Kellogg. In 1934, Kellogg donated more than $66 million in Kellogg Company stock and other investments to the W.K. Kellogg Trust. As with other endowments, the yearly income from this trust funds the foundation.

The private foundation continues to hold substantial equity in and enjoy a strong relationship with the Kellogg Company, both of which are based in Battle Creek, Michigan. It is governed by an independent board of trustees.

The foundation is now the 7th largest philanthropic foundation in the U.S. In 2005, the foundation reported that the total assets of the foundation and its trust were US$7.3 billion; about US$5.5 billion of this was in Kellogg Company stock. The foundation funded US$243 million in grants and programs in its 2005 fiscal year. 82% of this was spent in the United States; 9% in southern Africa; and 9% in Latin America and the Caribbean. In 1996 it supplied a multi-year grant worth $750,000 to start mass salt fluoridation programs which were then carried out by the Pan American Health Organization (PAHO), covering 350 million people in Bolivia, Dominican Republic, Honduras, Nicaragua, Panama and Venezuela. The project was part of a multi-year plan launched by PAHO in 1994 to “fluoridate the entire Region of the Americas”.

Contents

Grants

The foundation provides a number of grants to organizations across the country on a number of topics.

Early Childhood

One grantee is the Birth to Five Policy Alliance, with the stated purpose of the grant being, to increase public and private support so young children, particularly those facing the most challenges, get the high quality services they need to be successful.[1]

Education

Prominent educational institutions that have received significant grants from the foundation are:

See also

References

  1. ^ [1]

External links


 
 

 

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