By Beth Bafford, Calvert Impact Capital
By Kim Dempsey, Wayne Meyer and Regina Smith
Creative Placemaking is the integration of arts, culture and community-engaged design into community development. It capitalizes on the unique attributes of a community, realizes residents’ and merchants’ vision, welcomes newcomers and supports social and economic mobility for all. Kresge’s Arts & Culture Program has funded Creative Placemaking efforts since 2013.
By Kimberlee Cornett, Managing Director
On any given day, as we hustle to negotiate investments, get term sheets signed, and converse with partners inside our organization and out, it can be easy to lose sight of whether our work is making a difference. Are communities experiencing new levels of opportunity? Are individual lives improving through better access to housing, health centers, or financing for small businesses?
By Amy Robinson
A foundation doesn’t decide to begin using its dollars in new ways lightly. That includes the decision to try impact investing alongside a grant making strategy.
By Rip Rapson
By Kimberlee Cornett
Unfunded guarantees have helped Kresge leverage its balance sheet, make financial commitments to reduce or mitigate risk, and drive social impact, all while keeping funds fully invested in our corpus earning an average of 7.5 percent each year.