2001 January 19, 2024 By Visceral Dev Admin After the September 11 terrorist attacks, a $2 million grant is issued to the Nonprofit Finance Fund in New York City to address local nonprofit needs following the tragedy. In Detroit, home to one of the largest concentrations of Arab Americans in the country, a $350,000 grant is made to the Arab Community Center for … Continue reading 2001
2002 January 19, 2024 By Visceral Dev Admin The foundation makes its largest commitment to date through a $50 million commitment to develop the Detroit RiverWalk and establish the Detroit Riverfront Conservancy. Through 14 grants between 2002–2016, Kresge invests more than $51.6 million in the RiverWalk and Dequindre Cut project.
2007 January 19, 2024 By Visceral Dev Admin A five-part strategic framework is adopted to focus work in Detroit: revitalizing the downtown, recalibrating the regional economy, stabilizing neighborhoods, enhancing the national environment, and promoting a robust arts and culture ecosystem. Nationally, the foundation opens eligibility for education grants to community colleges.
2008 January 19, 2024 By Visceral Dev Admin The M-1 RAIL public/private partnership is established to advance regional transit through a light rail line in Detroit; Kresge will support the research, planning, development and operation of the new streetcar line (the QLine) through more than $58 million in grants between 2007-2022. The line begins operating in 2017.
2009 January 19, 2024 By Visceral Dev Admin The Foundation elects not to decrease funding levels in view of the financial and economic crisis, and to allocate funds to aid those hardest hit. It also makes 14 no-interest loans to human service agencies.
2007 January 19, 2024 By Visceral Dev Admin Under Rapson’s leadership, Kresge expands beyond capital challenge grants and begins to work under a new philosophy of “strategic philanthropy” based on “value criteria,” including whether work creates opportunity for low-income people, provides additional community impact beyond the project itself, contributes to an institution’s transformation, involves thoughtful risk-taking, promotes environmental conservation, demonstrates innovation, encourages collaboration … Continue reading 2007
2003 January 19, 2024 By Visceral Dev Admin The Green Building Initiative (2003-2009) launches to encourage construction or renovation of environmentally sustainable and LEED certified facilities. Bonus grants of $150,000 (Gold) or $250,000 (Platinum) are awarded for LEED certification achieved.
2006 January 19, 2024 By Visceral Dev Admin Kresge constructs and opens a 19,500-square-foot, environmentally sustainable office building on the Brooks Farm site. The design integrates a renovation of the historic 19th-century farmhouse and barn, which had served as offices for years, with the construction of a contemporary LEED Platinum building.
2008 January 19, 2024 By Visceral Dev Admin The Kresge Arts in Detroit (KAID) program begins as an effort to solidify an arts and culture ecology with support to arts organizations big and small, foster audience development and patronage, and to individual artists in Detroit’s Tri-county area; Charles McGee is the first Kresge Eminent Artist.