Editor's note: This blog is republished with permission and first ran on Net Impact's blog, which you can find here.
By Kim Dempsey
Kresge’s Social Investment Practice typically makes multi-million-dollar investments that both further our goals to expand opportunity for low-income people in America’s cities and return capital to the foundation to be recycled for another social purpose.
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