The Kresge Foundation

The Kresge Foundation
Founded1924
FounderSebastian Kresge
FocusArts and culture, Detroit, education, environment, health, human services, American cities
Location
Coordinates42°33′38″N 83°11′29″W / 42.56056°N 83.19139°W / 42.56056; -83.19139
MethodGrants, social investments
Key people
Rip Rapson (CEO)
Endowment$4.3 billion (2021)
Websitekresge.org

The Kresge Foundation is a philanthropic private foundation headquartered in Troy, Michigan, United States.[1] The foundation works to expand opportunities in America's cities through grantmaking and investing in arts and culture, education, environment, health, human services and community development efforts.[2] The Kresge Foundation is one of wealthiest charitable organizations in the world, with an endowment of $4.3 billion as of June 2021.[3]

  1. ^ "Contact Us". The Kresge Foundation. Retrieved May 14, 2014.
  2. ^ "Programs". The Kresge Foundation. Archived from the original on May 12, 2014. Retrieved May 14, 2014.
  3. ^ McElhaney, Alicia (September 15, 2021). "The Kresge Foundation Plans For Its Future as Its CIO Prepares to Step Down". Institutional Investor. Retrieved November 15, 2021.