News & Views 2013 Eminent Artist David DiChiera celebrated in monograph November 16, 2013 Publication includes first-ever recording of composer’s “Four Sonnets.”Kresge Foundation President Rip Rapson on Saturday presented the foundation’s 2013 Eminent Artist with a commemorative monograph celebrating his life and work. The founder and longtime music and general director of the Michigan Opera Theatre, David DiChiera received the monograph at the Detroit…
Resource Resilience lessons from unexpected places October 18, 2013 Building resilience requires that we view the present and future concurrently, that we reinvent municipal governance models and see local residents as assets, not victims – and that we understand that resilience is not an end state, but an approach whose gains will be fleeting and ephemeral if they’re not…
Resource Not Yet Sold: What Employers and Community College Students Think About Online Education October 7, 2013 Online education holds the promise to increase access and decrease cost of higher education. Yet many community college students and employers remain skeptical about the value of online learning, according to this Kresge-supported research. The report by the New York-based, nonpartisan Public Agenda raises questions for the future of online…
News & Views Cynthia Kresge and Maria Otero join Kresge Foundation Board of Trustees 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,” says Kresge Foundation…
News & Views NCB Capital Impact and Kresge launch innovative Woodward Corridor Investment Fund September 16, 2013 $30.25 million fund to provide critically needed real estate financing in Detroit. 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,…
Resource Executive Summary Historically Black Colleges and Universities: Facing the Future September 11, 2013 Historically Black Colleges and Universities (HBCUs) are a set of 105 institutions that have positively transformed the educational opportunities and outcomes for black Americans, and by extension the nation’s professional class. Even though the vast majority of blacks now attend predominately white institutions, the need for HBCUs continues, and while…
Resource Healthy Futures Fund September 9, 2013 Established by Kresge, Morgan Stanley and the Local Initiatives Support Corp., the $100 million Healthy Futures Fund uses Low Income Housing Tax Credits and New Market Tax Credits to expand access to health care and affordable housing for low-income residents. It supports: New community health centers in disadvantaged neighborhoods New…
Resource Detroit Files for Bankruptcy: Harvard Business School Faculty Weigh In | The Long View August 2, 2013 Originally written for the Harvard Business School’s Working Knowledge website (and republished at Forbes.com), “The Long View” is one of three pieces asking what’s ahead for the city of Detroit in the wake of its July 18 filing for bankruptcy. Harvard Associate Professor Eric Werker and Kresge Foundation Senior Program…
News & Views Investments will not waver as Detroit undergoes reorganization, says Kresge CEO Rip Rapson 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 across the…
Resource Creative placemaking: Rethinking the role of arts and culture in strengthening communities July 18, 2013 The Kresge Foundation’s particular conception of creative placemaking is fueled by our belief that a powerful synergy emerges when you marry it to a focus on urban opportunity – that arts and cultural activities belong front and center in efforts to revitalize and re-imagine some of America’s most disinvested places.…