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Home > Company Index > Diversified Services > Foundations & Cultural Institutions > W.K. Kellogg Foundation

W.K. Kellogg Foundation
 NEWS FROM THE STANDARD
Bridging the Digital Divide
Apr 24 2000 12:00 AM PDT

 PROFILE
Charitable grants from W.K. Kellogg Foundation are gr-r-reat! Founded in 1930 by cereal industry pioneer Will Keith Kellogg, the foundation provides more than $200 million in grants each year to programs focused on education and health issues. It also funds many rural development and agricultural projects and works to foster greater volunteerism. Most of its grants go to initiatives in the US, though it also makes grants in Latin America and Africa. The foundation's work is funded primarily from its $4.5 billion trust. Kellogg donated $66 million in stock to the foundation's trust in 1934; the Kellogg Foundation now owns about one-third of the Kellogg Company.

 FINANCIAL OVERVIEW
Fiscal Year-End: August
2000 Sales (mil.): 277.20
1-Yr. Sales Growth: (15.1)%
Employees: 250
Revenue per employee: $1,108,800.00

 KEY PEOPLE
• William C. Richardson
    CEO
• La Lune Montgomery-Tally
    CFO

 CONTACT INFO
1 Michigan Ave. East
Battle Creek, MI 49017
US
Phone: 616-968-1611
Fax: 616-968-0413
Online: Web Site

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