In 2015, Kresge formalized its focus on place-based community development outside of Detroit by forming the American Cities Practice and signified the foundation's commitment to building opportunity in places across the country. The Practice, which later became the American Cities Program, was instrumental in expanding Kresge’s community development work to the focus cities of New Orleans, Memphis and Fresno. Learn more about the investments Kresge has made in each of these focus cities: https://lnkd.in/ev_EYbjZ
The Kresge Foundation
Philanthropic Fundraising Services
Troy, Michigan 52,597 followers
Expanding opportunity in America's cities
About us
The Kresge Foundation was founded in 1924 to promote human progress. Today, Kresge fulfills that mission by building and strengthening pathways to equity and opportunity for low-income people in America’s cities, seeking to dismantle structural and systemic barriers to equality and justice. Using a full array of grant, loan, and other investment tools, Kresge invests more than $160 million annually to foster economic and social change. For more information visit Kresge.org.
- Website
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https://kresge.org/
External link for The Kresge Foundation
- Industry
- Philanthropic Fundraising Services
- Company size
- 51-200 employees
- Headquarters
- Troy, Michigan
- Type
- Nonprofit
- Founded
- 1924
- Specialties
- Education, Detroit, Arts & Culture, Health, Human Services, Social Investing, Environment, American Cities, Opportunities, and Cities
Locations
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Primary
3215 W Big Beaver Rd
Troy, Michigan 48084, US
Employees at The Kresge Foundation
Updates
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Last month, at the U.S. Department of Commerce National Child Care Innovation Summit leaders from eight national philanthropic organizations announced the launch of the Investing in America Child Care Partnership. This partnership is a new coordinated effort to leverage federal infrastructure funding to strengthen local child care systems and increase access to high-quality, affordable child care in communities that house America’s growing infrastructure workforce. Thanks to our philanthropic partners: Annie E. Casey Foundation, Buffett Early Childhood Fund, The David and Lucile Packard Foundation, W.K. Kellogg Foundation, Pivotal Ventures, Rockefeller Family Fund, Charles and Lynn Schusterman Family Philanthropies. #philanthropy #childcare
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The Kresge Foundation reposted this
Last week, we had the privilege of hosting Jim Bildner, CEO of Draper Richards Kaplan Foundation, for an insightful session on "Unleashing the Potential of Philanthropy to Solve Problems" with Philanthropy Australia. Jim's extensive experience in venture philanthropy and his role on the board of The Kresge Foundation provided invaluable perspectives on driving social impact. Some key takeaways from the event: 🔍 Framework for Solving Problems: – Understand the Problem: Dive deep into the issues you're addressing. – Define Your Endgame: Set clear short and long-term targets. – Know the Ecosystem: Identify gaps, focus efforts, and leverage existing resources. 💡 Funding Models for Maximum Impact: – Multi-Year Support: Provide sustained, flexible funding for long-term growth. – Crowd in Other Capital: Use your funding to attract additional investments. Capability Building: Offer leadership development, strategic guidance, and opportunities for connection. – Strategic Use of Capital: Utilise grant money wisely and consider loans when possible. In June, we're hosting a short course for social enterprises with Jim on operationalising and scaling for impact. You can see the details and register here: https://lnkd.in/gx6_t9gr #Philanthropy #SocialImpact #VenturePhilanthropy #JimBildner #SocialInnovation #ImpactInvesting #FundingModels #CapacityBuilding #Ecosystem
Unleashing the Potential of Social Enterprise: Course with CEO & Harvard Lecturer Jim Bildner | Humanitix
events.humanitix.com
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The Kresge Foundation reposted this
Congratulations to Kresge Board Trustee John Fry for your appointment as president of Temple University. Your deep knowledge and extensive experience as a higher education leader will be a great asset to the university. https://lnkd.in/gay7uh9p
Temple University appoints its 15th President, higher education leader John Fry
news.temple.edu
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Kresge Arts In Detroit is pleased to announce the 2024 Kresge Artist Fellows and Gilda Award recipients in Live Arts and Film & Music! Thirty-five metro Detroit artists will share $1 million in unrestricted awards as this year’s cohort of Artist Fellows and Gilda Awardees. The awards include 18 Artist Fellows in Film & Music and seven Artist Fellows in Live Arts, in addition to seven Gilda Award recipients in Film & Music and three in Live Arts. Since 2008, Kresge has invested nearly $9 million in unrestricted dollars in Wayne, Oakland and Macomb county artists. https://lnkd.in/eDberMJD Congratulations to the 16th cohort of award recipients: 2024 Film & Music Fellows Juanita Anderson, Beats Rhymes Everything Detroit (Alesyn McCall, Rich McCall), Steffanie Christi’an, Damien Crutcher, Maurice Draughn, Katy Dresner, Aisha Ellis, Ian Finkelstein, Tamara Finlay, Na Forest Lim, Gabriel Hall, HiTech (CHOPS, Melly, Milo), INK, ishKode, Razi Jafri, Weam Namou, Lara Sfire, Ursula Walker. 2024 Live Arts Fellows Imani Ma’at AnkhmenRa Amen Taylor, ava ansari, Flying Cardboard Theater (Jason Hicks, Lindsay McCaw), Jit Master Mike, Sowande Keita, Chaula Thacker, The TETRA – Digital Underground Railroad (Chace Morris, Sherina Rodriguez Sharpe) Gilda Awards in Film & Music Stevie Ansara, Drummer B, Na Bonsai, Hannah Fahoome, Ms. Shirel, Maddie Shubeck, Skinny Trell Gilda Awards in Live Arts Galaxy, Miryam Johnson, Mack Thorsday #Detroit #artists #film #music #livearts
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The Kresge Foundation reposted this
We are excited to announce the newest cohort of Kresge Artist Fellows and Gilda Award winners! This is the program's largest cohort to date and the first group of fellows to each receive the increased $40,000 unrestricted award! Deep thanks to the panelists who put in many hours of review and deliberation to select the award recipients. 🎉Congratulations to these incredible metro Detroit artists! https://lnkd.in/gurSUMZ6
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Historically Black Colleges and Universities (HBCUs) make up only 3% of U.S. colleges and universities but enroll 10% of all African American college students. HBCUs have educated 70% of the country’s Black doctors, 80% of its Black judges, 40% of the Black engineers and the current U.S. vice president. HBCUs play a vital role in narrowing the income and wealth gap by elevating families from lower-income backgrounds to higher incomes at nearly double the rate of predominantly white institutions. Kresge's support for these institutions dates back to the 1940s and includes more than 60 grants and $75 million. This article details those investments that continue today. https://lnkd.in/ex2P3nNF #HBCUs #highered
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The Kresge Foundation reposted this
Reframe and lead with shared values. Together with partners like Surili Sutaria Patel at Metropolitan Group and Frances Acuña at Go Austin/Vamos Austin, our team at The Kresge Foundation learned ways to approach messaging that can help depolarize the #climatejustice issue and win fresh support from decision makers.
How to Center Justice in Climate and Health Advocacy - Non Profit News | Nonprofit Quarterly
nonprofitquarterly.org
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The Kresge Foundation reposted this
Corp! Magazine's 28th Annual Top Women in Leadership in Business event named The Kresge Foundation's General Counsel and Board Secretary Zenna Elhasan one of the five winners of the “Women In Leadership” award, which honors the contributions of women in Michigan who’ve shown outstanding leadership and helped advance the cause of women in business. The award recognizes, in the words of one recipient, that “women are the heartbeat of the community.” It’s not possible to imagine someone who fits that bill more effectively than Zenna. Congratulations! #philanthropy #leadership
Top Women Business Leaders Honored For Their Efforts | Corp! Magazine
corpmagazine.com
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The Detroit & The American City Symposium, held June 11, brought together several hundred people from around the country to grapple with the city’s historic and present challenges and inequities while also uplifting the city’s strength, ingenuity and promise, pointing to the opportunities that lie ahead. The day featured fireside chats, panel discussions and short talks that examined the regeneration, abundance and resilience of Detroit and how we look to the past to inform a reimagined future. You can catch the symposium on Detroit PBS at 12 p.m. EDT on June 25. Watch: https://lnkd.in/gJ8JCr-z
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