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The Kresge Foundation

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The Kresge Foundation is a private, national foundation dedicated to expanding equity and opportunities in AmericaÕs cities. It utilizes grants, loans, and other investment tools to promote human progress and dismantle structural barriers to equality and justice. The foundation invests over $160 million annually to foster economic and social change.

Overview and Management

Establishment Year

1924

Mission

Our mission is to expand equity and opportunity across AmericaÕs cities by addressing systemic barriers through grantmaking and social investments.

Values

Creativity, Partnership, Equity, Respect, Opportunity, Stewardship

Investment Roles

Direct Investor

Participant Demographics

Serves low-income individuals in urban areas, particularly focusing on racial, ethnic, and socioeconomic equity.

Generational Wealth Planning

Risk Tolerance

References or Case Studies

Can provide evaluations of initiatives such as the Kresge Innovative Projects: Detroit (KIP:D) and Climate Resilience and Urban Opportunity Initiative.

Team Experience

Diverse team of professionals with expertise in equity and grantmaking

Notable Achievements

$160M+ invested annually; $109M in social investments in 2021; significant contributions to community equity and development.

Project Track Record

Initiatives like KIP:D, FreshLo, and Climate Resilience and Urban Opportunity Initiative

Exit Strategies

Legal, Compliance and Contact Information

Regulatory Registrations

Compliance History

No major violations reported

Email

Phone Number

+1 248-643-9630

Address

Troy United States

Frequently Asked Questions

What is The Kresge Foundation's mission?

The Kresge Foundation's mission is to expand equity and opportunity across America’s cities by addressing systemic barriers through strategic grantmaking and social investments. This commitment aims to create lasting change in communities and improve the lives of those facing challenges. - Focus on systemic barriers - Promote social equity - Invest in community-driven solutions

How does The Kresge Foundation support communities?

The Kresge Foundation supports communities by providing grants and investments that empower local organizations to tackle pressing issues. Through its funding, the foundation aims to foster sustainable solutions that enhance community well-being and resilience. - Grants for local initiatives - Collaborative partnerships - Focus on long-term impact

What areas does The Kresge Foundation focus on for its grants?

The Kresge Foundation focuses its grants on several key areas, including health, education, arts and culture, and community development. By targeting these sectors, the foundation seeks to create equitable opportunities and address disparities faced by underserved populations. - Health and wellness initiatives - Educational access programs - Support for arts and culture projects

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