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 $66 million in
Kellogg Company stock and other investments to the W.K. Kellogg Trust ($ billion in dollars). As with other
endowments, the yearly income from this trust funds the foundation.