What Does The Kresge Foundation Do?

Total employees130
HeadquartersTroy
Founded1924

The Kresge Foundation is a private, national foundation established in 1924 by Sebastian S. Kresge. With a mission to promote human progress, the foundation works to expand opportunities in America's cities for people with low incomes. It achieves this through grantmaking and social investing across various sectors including Arts & Culture, Education, Environment, Health, Human Services, and Community Development in Detroit, its hometown. The Kresge Foundation is known for its innovative approaches to philanthropy, including its use of capital challenge grants and its focus on strengthening nonprofit organizations.

Where Is The Kresge Foundation's Headquarters?

The Kresge Foundation officeThe Kresge Foundation officeThe Kresge Foundation officeThe Kresge Foundation office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the central hub for all foundation operations, including program development, grantmaking decisions, investment management, research, communications, and administrative functions.

Notable Features:

The Kresge Foundation headquarters is renowned for its environmentally conscious design. It was one of the first buildings in Michigan to achieve LEED (Leadership in Energy and Environmental Design) Platinum certification. The building incorporates features like a green roof, natural lighting, geothermal heating and cooling, and restored native landscapes.

Work Culture:

The work culture at The Kresge Foundation is mission-driven, collaborative, and intellectually stimulating. Employees are passionate about urban development and social equity, fostering an environment of continuous learning and strategic philanthropy.

HQ Significance:

The headquarters building itself symbolizes the Foundation's commitment to sustainability and thoughtful community investment. Its location in metropolitan Detroit underscores its deep historical ties and ongoing commitment to the revitalization of the city.

Values Reflected in HQ: The headquarters reflects values of environmental stewardship, innovation, community engagement, and long-term commitment to its mission.

Location:

The Kresge Foundation's grantmaking and social investments are primarily focused on cities within the United States. While it does not maintain international offices, its research, learnings, and partnerships may have global relevance and connect with international organizations working on similar urban challenges.

Street Address:

3215 W Big Beaver Rd

City:

Troy

State/Province:

Michigan

Country:

USA

Where Else Does The Kresge Foundation Operate Around the World?

No additional office locations available.

Buying Intent Signals for The Kresge Foundation

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading The Kresge Foundation? Meet the Executive Team

As of April 2025, The Kresge Foundation' leadership includes:

Rip Rapson - President & CEO
Lois R. DeBacker - Managing Director, Environment Program
Wendy Lewis Jackson - Managing Director, Detroit Program
John Barker - Chief Investment Officer
Amy B. Robinson - Vice President & Chief Financial Officer and Treasurer
Marcus D. McGrew - Director, Grantmaking Operations and Racial Equity

Who's Investing in The Kresge Foundation?

The Kresge Foundation has been backed by several prominent investors over the years, including:

Not Applicable (The Kresge Foundation is a private foundation funded by an endowment established by Sebastian S. Kresge. It does not have external investors in the traditional corporate sense.)

What Leadership Changes Has The Kresge Foundation Seen Recently?

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Exits0

The Kresge Foundation has seen some key leadership transitions and appointments recently, notably strengthening its investment and program leadership.

New Appointments:

John Barker, John Barker joined The Kresge Foundation as Chief Investment Officer, responsible for overseeing the foundation's endowment.

What Technology (Tech Stack) Is Used byThe Kresge Foundation?

Discover the tools The Kresge Foundation uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

The Kresge Foundation Email Formats and Examples

The Kresge Foundation primarily uses the first initial followed by the last name for its email format.

[first_initial][last]@kresge.org

Format

jdoe@kresge.org

Example

95%

Success rate

What's the Latest News About The Kresge Foundation?

kresge.org • October 26, 2023

The Kresge Foundation news title: Kresge Commits $30 Million to Strengthen Community Development Financial Institutions (CDFIs) Led By and Serving People of Color

The Kresge Foundation announced a $30 million commitment to support Community Development Financial Institutions (CDFIs) that are led by people of color and primarily serve communities of color. This initiative aims to advance racial equity by increasing access to capital in historically underserved areas....more

kresge.org • July 12, 2023

The Kresge Foundation news title: Kresge Foundation Announces $1.9 Million in Grants to Boost Climate Resilience in Underinvested Communities

The Kresge Foundation's Environment Program awarded $1.9 million in grants to 14 organizations working to enhance climate resilience in underinvested urban communities across the United States. The grants support community-led initiatives focused on adapting to and mitigating climate change impacts....more

kresge.org • May 3, 2024

The Kresge Foundation news title: Detroit Arts Support grants provide $1.8 million to 81 small and midsize arts and cultural organizations

The Kresge Foundation, through its Detroit Program, announced $1.8 million in operating support grants to 81 small and midsize arts and cultural organizations in Wayne, Macomb, and Oakland counties. This funding aims to sustain the vibrant arts sector in metropolitan Detroit....more

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