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Kresge awards more than $6M in grants to expand student success in South Africa

June 18, 2024

The Kresge Foundation today announced a new suite of grants, totaling $6,362,685, or over R 116 million, dedicated to bolstering South Africa’s higher education institutions. The record investment of grant support for Siyaphumelela (which means “we succeed” in isiXhosa) will effectively be the third iteration of funding for the network…

James L. Bildner and Maria Otero to retire from Kresge Board of Trustees

June 12, 2024

Kresge Foundation Board Chair Cecilia Muñoz today announced that two long-serving trustees – James L. Bildner and Maria Otero – are retiring from the foundation’s Board of Trustees. “We are so sorry to see them go; Jim and Maria provided welcome counsel and crucial governance to the foundation during some…

Kresge President Rip Rapson and Trustees Maria Otero and James Bildner stand next to each other in a restaurant.

Build the New: Detroit’s Next Path

June 11, 2024

Detroit & The American City Symposium Remarks by Rip Rapson President, The Kresge Foundation Good morning, everyone. Welcome . . . and deepest thanks for being an integral part of our year-long centennial reflection and celebration. The Kresge Centennial A centennial is typically defined by retrospection. And to be sure,…

One hundred years later, a founder’s entrepreneurial spirit lives on

June 11, 2024

My great-grandfather, Sebastian S. Kresge, exhibited many traits that today would likely label him as an “entrepreneur.” He was raised with a strong conviction for hard work and self-reliance. As a boy, he opportunistically turned his bee-raising hobby into a profitable business with the goal of earning enough money to…

A graphic with a photo of Cynthia Kresge standing at a podium with the Detroit Historical Society name and logo on it and a quote: "I believe Sebastian ... would see a creative organization that shy away from complicated problems or from taking risks. I believe he would fully embrace that everyone, through hard work and perseverance, should have the opportunity to succeed in life." - Cynthia Kresge, great-granddaughter of Sebastian S. Kresge and former Kresge Trustee