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Kresge Social Investment Practice adds Tosha Tabron as new Social Investment Officer and names Joe Evans Portfolio Director

General Foundation News, Social Investment Practice

Tosha Tabron will join The Kresge Foundation as a social investment officer focused on Detroit and other national programs, and Joe Evans has been named the foundation’s portfolio director and a social investment officer.

Tosha Tabron, Kresge Social Investment Officer

Kresge’s Social Investment Practice, led by Managing Director Aaron Seybert, actively manages a pool of $350 million, which is invested to strengthen neighborhoods and improve the quality of life in America’s cities by addressing barriers to capital.

Tabron comes to Kresge from Invest Detroit, where she was senior vice president of lending. She previously served as vice president of Detroit philanthropy at J.P. Morgan Chase and as a vice president of community development banking at Bank of America.

At Invest Detroit, Tabron focused on investing in neighborhood revitalization and minority-owned businesses and in reactivating distressed properties across the city. At Chase, Tabron worked with Seybert to invest the company’s $100 million commitment in the city.

Tabron, a native Detroiter, will bring a similar focus to Kresge when she joins the foundation in February. In her new role, she will identify opportunities to use program-related investments in alignment with the six focus areas of its Detroit Program: early childhood, nonprofit capacity building, equitable community development, neighborhood anchors, arts & culture, and the Marygrove transformation.

Joe Evans, Kresge Portfolio Director and Social Investment Officer

“Detroit has a wellspring of talented people in its nonprofit sector, but Tosha stands out among them for her unique skills paired with her genuine passion. Tosha also carries a great deal of respect in Detroit, due to her deep commitment to the city,” Seybert said. “I’m immensely grateful and proud that we were able to bring her to Kresge.”

Evans joined Kresge in 2014 as its first portfolio manager after 10 years of consulting with some of the nation’s largest philanthropies on their program-related investment portfolios.

In Evans’ expanded role, he will manage a team of three that provides oversight to the foundation’s active program-related investment and guarantee portfolio, as well as generate and close new investments that align with the Kresge Environment Program’s strategies.

“Kresge is extremely lucky to have Joe, who is one of the most experienced portfolio managers for program-related investments in the country,” Seybert said. “His attention to detail, his high standard for performance and above all, his commitment to our mission make him an outstanding colleague and leader.”