TROY, MICHIGAN – The technology used to support The Kresge Foundation’s online application process for facilities capital challenge grants will be out of service from Friday, Nov. 14, at 8 p.m. Eastern Standard Time to Sunday, Nov. 16, at 8 p.m. Eastern Standard Time. The technology provider is upgrading the system. If a grantseeker attempts to access the online application page during this downtime, the following message will appear: “The system is currently down due to scheduled maintenance. Please try your request again at a later time.”
TROY, MICHIGAN – Private philanthropy must work at the heart, rather than at the margins, of the complex economic, social, political and environmental problems plaguing American cities in order to contribute meaningfully to their revitalization and success, Kresge President Rip Rapson told mayors, corporate executives and other urban leaders at the CEOs for Cities national meeting on Nov. 6.
South African Educators Explore Potential Benefits of Strategic Engagement for Strengthening Higher Education and University Fundraising
TROY, MICHIGAN – South African educators meeting in Cape Town with representatives from major philanthropic and economic-development organizations at the Third Annual Kresge-Inyathelo South Africa Leadership Retreat explored the potential benefits and challenges of closer collaboration between universities and communities.
TROY, MICHIGAN – The creation of a powerful new regional data system will provide Detroit city and metropolitan-area officials, private foundations and other key decision-makers with the comprehensive information they need to promote economic prosperity throughout southeastern Michigan.
TROY, Mich. – Nonprofit arts and cultural organizations in metropolitan Detroit contribute to the city’s uniqueness as well as its economy, strengthen its communities, foster cross-cultural understanding and nurture individual development. Yet, this vital work is hampered by a lack of adequate operational funding.
Kresge Arts in Detroit: Foundation makes $8.8 million investment in local artists and arts-related organizations
TROY, Mich. – Surrounded by Mexican muralist Diego Rivera’s larger-than-life frescos depicting Detroit’s industrial might and serenaded by jazz music from the Harvey Reed Quartet, Rip Rapson, president of The Kresge Foundation, unveiled an $8.8 million investment in individual artists and arts and cultural organizations in Wayne, Macomb and Oakland counties.
TROY, Mich. – The Kresge Foundation has launched Kresge Arts in Detroit, a three-part, $8.8 million initiative to promote, develop and financially support individual artists, arts and cultural organizations and arts-infrastructure groups in Detroit’s tri-county (Wayne, Oakland and Macomb) area. A formal public announcement was made Oct. 16 at the Detroit Institute of Arts.
TROY, MICHIGAN – With grant support from the Kresge Foundation, the non-partisan social-policy research organization MDRC will expand its pioneering efforts to build knowledge about the most cost-effective approaches to improve the lives of low-income individuals and to communicate research findings that can strengthen public policy and practice.
TROY, MICHIGAN – The Kresge Foundation’s success in earning above-average returns on its investments – and making more money available for its grant awards – was featured in a recent Wall Street Journal article, which appeared in the “Money & Investing” section of the August 30-31 weekend edition. The article, “Small Kresge Foundation Teaches Big Lessons in Investment Strategy,” shed light on Kresge’s highly effective approach to asset management.
TROY, Mich. – At its third-quarter board meeting in September 2008, the trustees of The Kresge Foundation awarded 96 grants to organizations in 25 states, the District of Columbia, Canada and South Africa. Here is a complete list of grants approved in the third quarter 2008: (The list includes current and future planned grants.)
TROY, MICHIGAN – Foreclosures, like the subprime lending that precipitated them, have been heavily concentrated in vulnerable neighborhoods. The resulting vacant and abandoned properties threaten values of neighboring homeowners, invite crime, and discourage further investment. In response, Living Cities, a collaborative of major philanthropies and financial institutions, has announced the awarding of its first round of grants, $3,750,000, to support innovative, locally driven responses to combat the crisis.
TROY, MICHIGAN – The Kresge Foundation is “greening up” the power to its Troy headquarters with 100 percent renewable energy provided under DTE Energy’s GreenCurrents program. GreenCurrents is a voluntary renewable energy program that provides DTE Energy’s 2.2 million electric customers the option of choosing environmentally-friendly energy for their homes and businesses.
Troy, Michigan – The Kresge Foundation is pleased to announce Phillip L. Clay, a prominent leader in higher education, a noted researcher and author, and an influential advisor on U.S. housing policy and community-based development, has joined its 13-member board of trustees.
Saluted for His Competence, Integrity and Constructive Involvement, Robert D. Storey Retires from The Kresge Foundation's Board of Trustees
TROY, MICHIGAN – The Kresge Foundation bids farewell to its longest-standing trustee, Robert D. Storey, who is retiring from the board after 15 years of service. Storey joined Kresge’s board of trustees in 1993, a year when the foundation awarded 174 grants totaling $74.4 million, and guided the organization’s grantmaking growth and vision through 2007 when it made 442 grants representing $178 million.
TROY, MICHIGAN – The Kresge Foundation’s work in metropolitan Detroit – a constant since 1924 – became significantly more comprehensive and collaborative in 2007 when the national grantmaker decided to expand its efforts to better address society’s pressing issues. This month, the foundation has published updated and expanded information on its Web site about the work of the Detroit Program and is offering a new approach for gathering project ideas.
TROY, MICHIGAN – The Kresge Foundation’s long-standing interest in the fields of health and the environment has led to the formation, in June 2008, of two major, comprehensive programs: the Health Program and the Environment Program.
Rip Rapson, Kresge President and CEO, Talks About New Values-Centered Grantmaking in Responsive Philanthropy
TROY, MICHIGAN – For more than 83 years, the Detroit-based Kresge Foundation has helped build the country’s nonprofit infrastructure, from libraries and schools to food banks and community centers. This $3.9 billion private foundation recently unveiled a new values-centered approach to its grantmaking as its way of responding to the pressing needs of our society.
Arts Support Program for Michigan's Wayne, Oakland and Macomb Counties Calls for 2008 Grant Applications
TROY, Mich. – The Kresge Foundation is extending its current Arts Support Program to 2008 and inviting nonprofit arts and cultural organizations in the Detroit metropolitan area to submit applications for grants that will support their general operations. The deadline for submitting grant applications to the foundation is July 14 at 4 p.m.
TROY, Mich. – Nonprofit arts and cultural organizations in Michigan’s Wayne, Oakland and Macomb Counties once again have an opportunity to submit applications for grants that support general operations, following The Kresge Foundation’s decision to extend its Arts Support Program to 2008. The deadline for submitting completed applications is July 14 at 4 p.m.
Kresge Achieves Highest-level LEED Platinum Certification for Design, Construction and Operation of its Headquarters
TROY, MICHIGAN – The U.S. Green Building Council has awarded The Kresge Foundation headquarters Platinum certification, the highest attainable level in the LEED – Leadership in Energy and Environmental Design – Green Building Rating System, the nationally accepted benchmark for the design, construction and operation of high-performance “green” buildings.