Founded | 1924 |
---|---|
Founder | Sebastian Kresge |
Focus | Arts and culture, Detroit, education, environment, health, human services, American cities |
Location | |
Coordinates | 42°33′38″N 83°11′29″W / 42.56056°N 83.19139°W |
Method | Grants, social investments |
Key people | Rip Rapson (CEO) |
Endowment | $4.3 billion (2021) |
Website | kresge |
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]