The Kresge Foundation is a private, national foundation based in Detroit was established since 1924 by Sebastian Spering Kresge.
The foundation supports seven specifically defined programs: Arts and Culture, Community Development, Detroit, Education, Health, and Human Services. They partner with those organizations and individuals commited to the needs of poor people and communities.
The hallmark of their work as a foundation is creating opportunities for low-income people.
In late 2017, Sen.Cory Booker (D-New Jersey) added an innovative addition to the Tax Cuts and Jobs Act.8,700 low-income census tracts called Opportunity Zones could benefit investors with unrealized...more
The program was funded with a $135,000 grant from The Kresge Foundation and is believed to be one of the first of its kind in Detroit. It got its start...more
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.