The Kresge Foundation is a private, national foundation based in Detroit was established since 1924 by Sebastian Spering Kresge.
The foundation supports seven specifically defined programs: Arts and Culture, Community Development, Detroit, Education, Health, and Human Services. They partner with those organizations and individuals commited to the needs of poor people and communities.
The hallmark of their work as a foundation is creating opportunities for low-income people.
It took them some time to come around, but the Surdna Foundation continues to be a big proponent of foundations getting involved in impact investing. Last year, we saw the foundation make a $100...more
The foundation is also giving grantees 24 months to carry out projects instead of 18 months to allow more time for community engagement, planning, design and other activities. First-step applications...more
The Kresge Foundation plans to distribute $6 million in grants over the next three years to fund projects aimed at revitalizing Detroit neighborhoods and improving quality ... The Troy-based Kresge...more
The data center began in 2008 as a program of City Connect Detroit with $1.85 million in seed grants from the Detroit-based Skillman Foundation and Troy-based Kresge Foundation. It saw the turnover...more
Last week, TFN's Smart Growth California hosted a video conference for funders to learn about the challenges and opportunities for impact investing in low-income communities and other communities in...more
Hellman and other funders reason that philanthropy is just one piece of the puzzle. To be successful, projects need to engage the public, private and nonprofit sector. "The Hellman Collaborative...more
The grants are from five foundations: $150,000 from The Andrew W. Mellon Foundation; $250,000 from the Ford Foundation; $200,000 from The Kresge Foundation; $250,000 from The Speedwell Foundation;...more