Kresge Foundation

Kresge Foundation

 

Mission:
 To promote human progress by creating access and opportunity in underserved communities, improving the health of low-income people, supporting artistic expression, increasing college achievement, assisting in the revitalization of Detroit, and advancing methods for addressing global climate change.

 

Background:
 Before establishing the Kresge Foundation in 1924, Sebastian S. Kresge devoted much of his energy to growing his business of five-and-dime stores with his partner John G. McCrory; that business eventually became the Kmart chain of discount stores. To commemorate the twenty-fifth anniversary of the S.S. Kresge Company, Sebastian Kresge launched his foundation with an initial gift of $1.3 million and a mission "to promote the well-being of mankind." Over the course of eight decades the foundation has helped build the country's nonprofit infrastructure by supporting capital campaigns that raise funds for libraries, hospitals, schools, museums, and community centers. Today, the $3.1 billion foundation awards grants in seven narrowly defined fields of interest: arts and culture, community development, Detroit, education, the environment, health, and human services.

 

Outstanding Web Features:
 To better reflect its priorities of helping nonprofit organizations address some of society's most pressing problems, the foundation recently launched a redesigned Web site featuring its seven program areas. Each dedicated page includes photos and background information on program team members; a detailed overview of the focus areas included in that particular funding area; eligibility requirements; and a selection of supported projects, with links to grantee Web sites. A key feature of the site enables grantseekers to see when a program and focus area is accepting applications and to easily access the foundation's online applications. Visitors to the site can also subscribe to Kresge e-alerts by area of interest, learn more about its work on its blog and connect with the foundation on various social networking sites, view its most recent annual report and other publications, and explore an interactive map of its giving developed by the Foundation Center.

President and CEO: Rip Rapson
Main Office:
Kresge Foundation
3215 W. Big Beaver Road
Troy, Michigan 48084
Tel: (248) 643-9630
E-mail: http://kresge.org/contact-us/email-us
Location: Michigan; Troy