Expanding opportunities in America’s cities
October 14, 2015
To continue the revitalization of Detroit’s neighborhoods, Kresge’s Detroit Program is seeking a second round of applications for a three-year, $5 million initiative to fund Detroit-based nonprofits in transformative projects across the city. As in its first year, Kresge Innovative Projects:...
October 9, 2015
Real estate projects designed to withstand the effects of climate change can provide substantial returns on investment and an array of other benefits, according to a new report, “Returns on Resilience: The Business Case.” The report was released recently by the Urban Land Institute, with funding...
October 7, 2015
A series of Kresge Foundation grants designed to help arts-related nonprofits better understand their financial situation and improve their balance sheets resulted in positive changes within organizational practices, according to an analysis by Nonprofit Finance Fund released today. The Kresge-...
September 30, 2015
The Kresge Foundation and Oakland University officials announced a $2 million student-managed investment fund that complements a new course designed to teach the essentials of portfolio management, stock selection and portfolio evaluation. One of the largest of its kind in Michigan, the fund has...
September 28, 2015
Public housing facilities are ideal locations for on-site services that help low-income and vulnerable families achieve stability and independence, concludes a briefing paper from the Urban Institute. Partnerships between public housing agencies and human services providers that offer relevant and...
September 23, 2015
Kresge Foundation staff, trustees and guests celebrated the opening of a 16,000-square-foot addition to the foundation’s headquarters in Troy, Mich., during a ribbon-cutting ceremony Sept. 16, 2015. The space provides room to accommodate growth of Kresge’s mission, programs and staff. It adds to...
September 17, 2015
The Kresge Foundation Board of Trustees approved an ambitious plan to invest $350 million by 2020 through the foundation’s Social Investment Practice, making clear that using a variety of investment tools is central to bringing enhanced opportunities to low-income people in America’s cities. The $...