Expanding opportunities in America’s cities
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September 16, 2013
NCB Capital Impact and The Kresge Foundation announced the launch of the Woodward Corridor Investment Fund , developed to invest in transformative real estate projects that advance the physical redevelopment of Detroit’s Woodward Corridor. With the support of MetLife, Inc., PNC Bank, Prudential,...
September 17, 2013
The Kresge Foundation is pleased to announce Cynthia L. Kresge, physician assistant and community leader, and Maria Otero, an economist and former undersecretary of state for the U.S. Department of State, have joined the board of trustees. “We are delighted to welcome these two women to the board...
September 12, 2013
America’s traditionally black colleges and universities are facing extraordinary challenges and must change institutional practices if they are to thrive into the 21 st century, Phillip L. Clay, a member of The Kresge Foundation’s Board of Trustees, concludes in a study. Rising costs,...
August 19, 2013
For cities concerned about sustainability, a new rating system is being rolled out to help guide the way to improved social, economic and environmental stability. Just as LEED became the accepted benchmark for energy-efficient buildings with low environmental impact, the STAR Community Rating...
July 31, 2013
It was supposed to be “a kind of temporary, guerilla-style art project” in the words of arts insurgent-turned-administrator Rick Lowe. Swoop in, make a difference and disappear. This fall, Lowe and the other four surviving founders will be feted as Project Row Houses begins a...
July 26, 2013
Rip Rapson, president and CEO of The Kresge Foundation, today issued a statement concerning the city of Detroit's bankruptcy filing. It’s been a week now since the city of Detroit declared bankruptcy. As the reality sets in for all of us here in metropolitan Detroit and for observers...
July 31, 2013
AS220 in downtown Providence, R.I., hums with the activity of five galleries, a black-box theater, a dance studio, rehearsal spaces, dozens of artist studios, a print shop, a recording studio and more. And that’s not to mention commercial tenants, including an Irish pub, a Mexican cantina, a...
July 22, 2013
The U.S. can dramatically lower the power industry’s water consumption by replacing aging power plants with facilities designed for renewable energy and improved efficiency, according to a study released this week. The study led by the Union of Concerned Scientists warned that failure to plot...
July 18, 2013
Kresge’s President and CEO Rip Rapson told an arts group that the rapidity of economic, social and political change leave cultural institutions no choice but to try new ways to contribute to their communities. Speaking to members of the League of Historic American Theatres in Minneapolis...