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.
"Investors sometimes wonder if their impact investment was actually living up to its name," says Le Houerou.The Brief's Big 7: Global investment firms adopt IFC principles seeking a market standard...more
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Kresge Foundation will provide $22 million in investments to anchor their emerging Opportunity Zone Funds.The two managers expect to raise and deploy more than $800 million in capital nationally into...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.