Resource New directions, new tools: A study of change at The Kresge Foundation December 4, 2007 The seriousness of the challenges facing contemporary society and the dizzying pace of change embedded in those challenges demand that any institution with the capacity to do so – particularly large, privately endowed foundations such as The Kresge Foundation – deploy their resources in ways that promise the greatest possible…
News & Views Kresge Announces a New Values-Centered Approach to Grantmaking December 3, 2007 TROY, MICHIGAN – The national foundation long-recognized for its support of nonprofit capital campaigns is expanding its grantmaking to better serve the pressing needs of society. Nine values have been identified as strategic priorities and constitute new grantmaking criteria. “We have embarked upon an unprecedented process to expand our grantmaking…
News & Views Rip Rapson Outlines Kresge’s New Approach To Grantmaking in a Recent Speech July 24, 2007 Values, capacity for growth and long-term stability become the centerpiece of its new fundraising analysis. TROY, MICHIGAN – In a speech on July 12 to representatives of some of the nation’s most selective private colleges and universities, Rip Rapson, president of The Kresge Foundation, outlined the rationale for expanding the…
Resource New directions, venerable traditions: A case study of change at The Kresge Foundation July 12, 2007 UNIVERSITY OF RICHMOND, Va. – What a pleasure it is to talk with you. The institutions in this room have been front-line innovators in so many dimensions. By creating bridges between higher education and the broader community through efforts such as Campus Compact, Alternative Spring Break or any number of…
News & Views Kresge Foundation Joins The Partnership for Higher Education in Africa June 6, 2007 NEW YORK, NEW YORK – The Partnership for Higher Education in Africa is pleased to announce the addition of The Kresge Foundation to its team of partnering foundations. “We very warmly welcome the Kresge Foundation into the partnership and are delighted with the prospect of working more closely with, and…
Resource Working beyond the fence line: The changing roles of philanthropy June 6, 2007 As the effects of globalism, immigration, economic restructuring, terrorism and climate change ricochet with unprecedented complexity throughout our society, the need for new organizational linkages becomes increasingly acute. The challenges are simply too complex for one sector to take on by itself. (Remarks at the Nonprofit Awards Luncheon of the…
Resource Qualities that guide our future work April 1, 2007 Welcome to the April version of the President’s Corner. In trying to build on, and out from, the well-established Kresge tradition of capital-challenge grants, we have found it helpful to articulate some basic qualities we hope will guide our foundation’s future work. There is nothing particularly original or surprising about…
Resource This is a whole new ballgame February 1, 2007 The basic contours and values of The Kresge Foundation’s grantmaking tradition have remained remarkably constant. It has been challenging and energizing to revisit that tradition, exploring how we can carry forward those qualities of greatest value while relinquishing practices that serve less well in a world that is changing so…
News & Views The Kresge Foundation Welcomes Elaine Rosen as Board of Trustees Chair January 17, 2007 DETROIT, MICHIGAN – The Kresge Foundation has selected Elaine D. Rosen, CLU, as the Chair of its Board of Trustees, a distinction shared by eight people over the course of the Foundation’s 83-year history. A Trustee of the Foundation since 2003, she most recently served as Co-Chair of the Search…
Resource A year of change January 1, 2007 For the January 2007 installment of the President’s Corner, I am pleased to share a letter from the outgoing and incoming chairs of our Board of Trustees, Irene Y. Hirano (2003-06) and Elaine D. Rosen (2007): The Kresge Foundation is changing. We realize that is something that can – indeed,…