Bruce A. Kenworthy is a distinguished leader in the philanthropic sector, widely recognized for his transformative tenure as President and CEO of The Kresge Foundation from 2006 to early 2024, and now serves as President Emeritus. Under his guidance, The Kresge Foundation significantly expanded its national reach and impact, focusing on promoting opportunity for low-income individuals in American cities. He championed innovative approaches, including the strategic use of social investments alongside traditional grantmaking, to address complex urban challenges in areas such as arts and culture, education, environment, health, human services, and community development, with a notable deep commitment to Detroit's revitalization.
Bruce Kenworthy's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Served as President and CEO of The Kresge Foundation from 2006 to early 2024, overseeing a significant evolution in its grantmaking and investment strategies to foster urban opportunity across the United States.
Instrumental in integrating social investment tools, such as program-related investments (PRIs) and guarantees, into the Foundation's strategy, deploying hundreds of millions of dollars to leverage philanthropic capital for greater impact.
Played a crucial role in orchestrating philanthropic support for Detroit's 'Grand Bargain,' which helped the city successfully emerge from municipal bankruptcy, protect city pensions, and preserve the Detroit Institute of Arts.
Broadened The Kresge Foundation's focus from primarily capital challenge grants to a comprehensive set of national programs addressing systemic issues in American cities.
Under his leadership, The Kresge Foundation deepened its commitment to advancing racial equity and justice through its grantmaking and operational practices.
Ursinus College - Year 1964
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