W K Kellogg Foundation Trust-t/a 5315 is a 501(c)(3) organization based in Battle Creek, Michigan, registered in 1941, with $540,106,047 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$540.1M
▲ 36.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$419.3M
Net assets
$8.6B
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for W K Kellogg Foundation Trust-t/a 5315— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For W K Kellogg Foundation Trust-t/a 5315: 246 mo reserves · +22% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for W K Kellogg Foundation Trust-t/a 5315— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For W K Kellogg Foundation Trust-t/a 5315: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $454.1M (FY2015) to $540.1M (FY2023) across 9 reported years.
Financial snapshot
Operating margin
22.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.0B
Total liabilities
$383.0M
Net assets
$8.6B
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $540,106,047▲36.1% | $419,320,421▲3.8% | $8,587,651,406▲18.4% | $8,970,689,493▲17.8% | 990PF |
| 2022 | $396,754,982▼23.3% | $404,079,257▼3.0% | $7,250,493,988▼8.3% | $7,615,032,022▼8.1% | 990PF |
| 2021 | $517,347,828▲8.6% | $416,658,787▼37.4% | $7,908,200,284▲1.1% | $8,282,027,516▼0.8% | 990PF |
| 2020 | $476,240,954▼4.3% | $665,303,869▲72.9% | $7,822,089,829▲0.2% | $8,347,091,144▲5.6% | 990PF |
| 2019 | $497,665,055▲44.2% | $384,807,493▲10.5% | $7,804,051,588▲6.5% | $7,902,873,789▲6.5% | 990PF |
| 2018 | $345,074,229▼15.1% | $348,153,211▼13.0% | $7,326,851,607▼9.4% | $7,417,437,383▼9.5% | 990PF |
| 2017 | $406,313,093▼2.6% | $400,244,787▼0.9% | $8,087,262,336▲4.7% | $8,193,071,539▲4.8% | 990PF |
| 2016 | $417,214,380▼8.1% | $403,873,218▼9.0% | $7,724,302,740▼11.4% | $7,821,092,818▼11.5% | 990PF |
| 2015 | $454,078,615 | $443,692,328 | $8,719,228,212 | $8,840,361,368 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: The Northern Trust Company — $3,266,727 (0.78% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| The Northern Trust Company | Corporate Trustee | 40 | $3,266,727 |
| Richard Tsoumas | Trustee | 2 | $31,760 |
| Ramon Murguia | Trustee | 2 | $8,240 |
| La June Montgomery Tabron | Trustee | 2 | — |
| Steven A Cahillane | Trustee | 2 | — |
Explore more
Data for W K Kellogg Foundation Trust-t/a 5315 (EIN 36-6030614) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.