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The Kresge Foundation
Expanding opportunities in America’s cities
Mission, Money & Markets The Kresge Foundation's Social Investment Practice team — and its partners and colleagues — shares lessons learned and the newest thinking on impact investing each month.
Guest Commentary: Opportunity Zone Incubator plays critical role in developing funds that will truly benefit communities
March 5, 2019

By Beth Bafford, Calvert Impact Capital
MISSION, MONEY & MARKETS: Transforming communities through Creative Placemaking in diverse New Jersey cities
January 30, 2019

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.
Mission, Money & Markets: Our favorite investment highlights of 2018
December 17, 2018

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?
Mission, Money & Markets: Back office lessons from the impact investing front lines
November 20, 2018

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.
Mission, Money & Markets: 6 takeaways from Opportunity Zones LOIs
October 1, 2018

By Rip Rapson
Mission, Money & Markets: Kresge supports the efforts of Native Hawaiians to topple barriers to home ownership
September 5, 2018
The path to home ownership in Hawaii is riddled with obstacles that many families just can’t overcome. Some Native Hawaiians will resort to building shacks of corrugated steel, for instance, on their parents’ or grandparents’ property, as they wait to receive the land the government has declared should be their birthright.
Mission, Money & Markets: Q and A with Kresge and Rockefeller on partnering in Opportunity Zones
June 28, 2018 The Kresge Foundation

 
Mission, Money & Markets: A needed piece of community development infrastructure, the 'Guarantee Bank'
May 15, 2018

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.