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.
I think, too often, philanthropy is there to evaluate something at the end and is reluctant to ... That's what we have tried to do with Opportunity Zones, and we hope others in the philanthropic...more
The philanthropic guarantee model is something Kresge is looking at to ... "Guarantees are a less-utilized, but powerful tool by philanthropy (that) are highly efficient at crowding in capital...more