News & Views Kresge unveils the 2018 Detroit Reinvestment Index May 9, 2018 The 2018 Detroit Reinvestment Index – now in its third year – measures perceptions of Detroit and the city’s turnaround. In prior years, this research featured perceptions of National Business Leaders and Detroit Metro-Area Entrepreneurs. This year’s survey expands to include the views of Metro-Area Consumers about commercial corridors and…
Resource Patients to Policy Story Series May 9, 2018 More than 300 hospitals and health centers across the country have developed medical-legal partnerships, in which lawyers work with health-care teams to address social determinants of health, in order to treat structural problems at the root of an issue rather than just treat symptoms. This collection of five articles from the…
News & Views Rich heritage, culture of New Orleans’ Bell School at center of 8-year renovation effort May 8, 2018 The newly renovated Bell Artspace Campus in New Orleans’ Tremé neighborhood. For more than a century, the Bell School campus in New Orleans’ Tremé neighborhood was a hub for education, music training, and social activities, with a history boasting one of the nation’s most significant African American cultural districts.…
Resource Community Foundations at a Crossroads May 8, 2018 Thank you Brad (Hurlbert, president and CEO of the Community Foundation for Palm Beach and Martin Counties). What a pleasure it is to be here. And it is a profound honor to participate in the celebration of the generosity and leadership of Lore and John Dodge. Yogi Berra famously remarked:…
News & Views Kresge commits first $15 million to expansion of Detroit neighborhood revitalization fund May 7, 2018 The Kresge Foundation has made a new $15 million commitment to the large-scale expansion of a city of Detroit neighborhood revitalization effort announced today. Along with Invest Detroit – the leading community development financial institution for private sector financing in the city – what’s being dubbed Strategic Neighborhood Fund 2.0…
Resource Oakland University Student-Managed Investment Fund Winter 2018 Report May 2, 2018 An end-of-semester report on the structure, goals and performance of the Student-Managed Investment Fund at Oakland University, which launched in the fall of 2015. The Kresge foundation carved out $2 million of its $3.5 billion investment portfolio for the establishment of the fund, whose primary purpose is to provide a learning experience…
Resource QLINE on the Move: A One-Year Report on Detroit’s Streetcar May 2, 2018 Detroit’s QLINE officially began service in May 2017. This report looks at the QLINE’s first year, documenting successes and problems in what may be the first step in a comprehensive regional transit system.
News & Views Mission, Money & Markets: Making ‘cents’ of guarantees, the view from a CIO May 1, 2018 The balance sheet is one of the most underutilized assets foundations have to support their missions. Why can a balance sheet be so powerful? If foundations used just 3 percent of the $900 billion of assets in their collective endowments for guarantees, the amount of support could grow by $27…
News & Views Mission, Money & Markets: Strong community development finance system key to building urban opportunity, from newly designated ‘Zones’ and beyond April 30, 2018 Kresge's President & CEO Rip Rapson writes that the community development finance system is the backbone of strong cities and communities. Communities such as Detroit have affordable housing, health centers, school facilities, and community colleges because of them. If the system flounders, all the work of Kresge and its partners…
News & Views New report from the Urban Institute measures inclusion in U.S. cities April 25, 2018 To better understand what makes places inclusive, the Urban Institute conducted the first-of-its kind empirical analysis on the relationship among economic, racial, and overall inclusion in 274 of the largest U.S. cities, new research supported by Kresge’s American Cities Practice. Through extensive data analysis and discussions with local leaders, Urban…