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 &…
News & Views Expanded Arts and Culture grant opportunity stresses cross-sector efforts February 24, 2015 Proposals that win support under the program’s Strong, Healthy Places theme will integrate arts and culture in community revitalization by bringing together disciplines such as health, environment, human services, education, arts and culture and community development.
News & Views Mission, Money & Markets: The best kept secrets of the CDFI sector May 22, 2019 The default image of a CDFI is a nonprofit, unregulated loan fund. In fact, half of the 1,100 certified CDFIs are not nonprofit, unregulated loan funds. Almost 30% are credit unions and about 20% are for-profit banks, bank holding companies, or venture capital funds.
Resource Kresge releases white paper “Rethinking Neighborhood Change and Tracking Progress” January 9, 2019 This advisory summarizes and links to The Kresge Foundation Arts & Culture Program’s Creative Placemaking white paper, “Rethinking Neighborhood Change and Tracking Progress.”
Resource Rethinking Neighborhood Change and Tracking Progress December 30, 2018 This paper discusses developments in the conception and assessment of Creative Placemaking initiatives and the assessment of comprehensive community development strategies. The observations and insights stem from a small but growing body of research on the roles of arts and culture in communities, as well as from well-established literature on…
Resource Reinvestment Fund August 29, 2018 In this short case study, learn how and why the Kresge Social Investment Practice made an investment in Reinvestment Fund to raise capital to support and extend its Creative Placemaking strategy. Projects financed through this investment will be community driven and target work that eliminates blight, reduces vacancies, provides school or community…
Resource New Jersey Community Capital May 21, 2018 In this short case study, learn how and why the Kresge Social Investment Practice made an investment in New Jersey Community Capital to provide capitalization and credit support for a $12 million New Jersey Creative Placemaking Fund managed by NJCC.
Resource Integrating arts and culture into community: Lessons from Kresge’s Journey February 16, 2018 Press release issued on February 16, 2018 announcing the launch of The Kresge Foundation Arts & Culture Program white paper series on Creative Placemaking learnings and observations from the field.
Resource Propel Nonprofits September 7, 2017 In this short case study, learn how and why the Kresge Social Investment Practice made an investment in Propel Nonprofits (previously the Nonprofits Assistance Fund.) This 2016 transaction focused on capacity building support that would help stabilize and shift business models and leadership mindsets for organizations leading Creative Placemaking work…