The Kresge Foundation

The Kresge Foundation

The Kresge Foundation

Date Founded



3215 W BIG BEAVER RD TROY MI 48084-2818

Charitable Causes

Private Independent Foundations
Education Research & Support
Philanthropy, Voluntarism, and Grantmaking Foundations

Employees (Worldwide)

101 - 250


Social Interest
Investment Services & Portfolio Management
Internet Software & Services

Company Description

The Kresge Foundation is a $3.1 billion private, national foundation headquartered in Metropolitan Detroit, in the suburb community of Troy. The goals and aspirations of seven narrowly defined programs guide its grantmaking and investing. In 2012, the Board of Trustees approved 410 awards totaling $130.5 million; $150.3 million was paid out to grantees over the course of the year. The way we work Kresge has redefined itself as a strategic philanthropy, having completed a historic transition that began in 2007. Long known for its exclusive use of the challenge grant to help local communities raise the funds necessary for major construction and renovation projects, it now employs an array of funding methods to address and advance a set of narrowly defined programmatic objectives. “The brilliance of Sebastian Kresge is best exhibited in his guiding wish that the foundation ‘promote human progress,’” explains Elaine D. Rosen, chairwoman of the Board of Trustees. “It is the responsibility of the board and staff to interpret his maxim and to take the foundation where it needs to go to be relevant in the 21st century. Redefining ourselves as a strategic philanthropy represents our efforts to fulfill this responsibility.”

Contact Data
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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer

Vice President & Chief Investment Officer

Deputy Chief Financial Officer & Controller

Managing Director Investment Office

Managing Director Investment Office

Managing Director Environment

Managing Director Detroit

Vice President, Place-Based Programs Managing Director American Cities

Managing Director Education

Board of Directors
Paths to The Kresge Foundation
Potential Connections via
Relationship Science
The Kresge Foundation
Advisors & Consultants
Senior Advisor

Senior Advisor Arts & Culture at The Kresge Foundation

Non-Profit Donations & Grants
Non-Profit Donations & Grants Received
$1M - $3M
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