News & Views Kresge launches $1.5M Memphis grant initiative to support community-driven projects aimed at strengthening neighborhoods April 16, 2019 The Kresge Foundation announced today a new Memphis funding initiative aimed at strengthening neighborhoods and improving the quality of life for city residents. Kresge Innovative Projects: Memphis (KIP:M) will provide up to $1.5 million in grant funding to community-based organizations to support projects that reflect the vision and creativity of…
News & Views Magazine highlights social justice work supported by Arts & Culture Program January 9, 2019 Social justice work supported by Kresge’s Arts & Culture program was lauded in a recent article published by a Barron’s magazine, titled “5 Key Areas Where Philanthropy is Providing a Path for a Better Tomorrow.” The story in Penta Magazine highlighted work of the city of Minneapolis, funded by Kresge…
News & Views Research explores how arts and culture organizations can use their deep roots to drive equitable community growth January 9, 2019 How can arts and culture organizations orient themselves as anchor institutions – like health care facilities, colleges and others deeply rooted in communities – to drive equitable economic growth? Kresge’s Arts & Culture Program and the Institute for a Competitive Inner City (ICIC) aim to answer that question through research and…
News & Views New incubation program opens to help social impact orgs ready for Opportunity Zone funds November 28, 2018 The Kresge Foundation announced today a $390,000 grant to Calvert Impact Capital that will support the Opportunity Zones Incubator, a technical assistance program for social impact entities that are interested in or exploring taking a Qualified Opportunity Fund to market. Kresge selected five mission-aligned organizations that are exploring ways to direct…
News & Views Arts & Culture team names new senior program officer January 24, 2018 The Kresge Foundation is pleased to welcome Tatiana Hernandez as senior program officer with the foundation’s Arts & Culture Program. Hernandez was most recently the Arts Director at the Hemera Foundation in Boulder, Colorado where she developed a program exploring the intersection of creativity and reflective practices. Previously, as program…
News & Views Kresge Foundation announces awardees of new grantmaking initiative in Memphis June 14, 2017 The Kresge Foundation announced today that 10 organizations will receive a total of $1.3 million in grant support to boost opportunity for residents of Memphis. “Today marks a significant acceleration of Kresge’s commitment to Memphis,” said Chantel Rush, program officer with the American Cities Practice, who helped oversee the grantee…
News & Views Kresge’s Rapson takes deep dive into arts, culture and community development in wide-ranging magazine interview January 12, 2017 Integrating grantmaking strategies with the way real people live their lives in America’s urban communities is no easy task, but one that The Kresge Foundation is striving to fully realize said Kresge President and CEO Rip Rapson in a wide-ranging interview published this week in Shelterforce, the nation’s oldest continuously…
News & Views Kresge president tells NEA conference arts are key to community development December 14, 2016 Kresge Foundation President and CEO Rip Rapson discussed the role of arts and culture in community development work at a recent conference in Wshington, D.C. that was part of the recent anniversary celebration of the National Endowment for the Arts (NEA). The keynote address “Why the Arts Must be at the…
News & Views Carol Coletta joins The Kresge Foundation’s American Cities Practice February 8, 2016 As a senior fellow, Coletta will further develop her body of work around the concept of “the civic commons,” which promotes the democratization of civic assets such as libraries, parks, recreation centers, pools, schools, cultural institutions and other public infrastructure. She will also play a strategic role in the buildout…
News & Views Kresge grantmaking initiative holds lessons, guidance for arts groups seeking to build stronger capitalization practices October 6, 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-commissioned analysis focused on 36 grants made through Kresge’s Arts &…