The Kresge Foundation

The Kresge Foundation

The Kresge Foundation

Overview
Date Founded

1924

Headquarters

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

Industries

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
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You
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
2018
Investments
Details Hidden

tenKsolar, Inc. designs, manufactures and markets photovoltaic solutions. It manufactures solar power solutions that deliver energy density, reliability, and safety to commercial rooftops and ground mount systems. The firm also provides integrated design, smart module, parallel architecture, reflection and low voltage technology services. The company was founded by Dallas W. Meyer in 2008 and is headquartered Minneapolis, MN.

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Echodyne Corp. develops metamaterials-based radar technology. It provides scanning, tracking, and imaging technology that is applicable to any environmental conditions. The firm offers metamaterial electronically scanning array (MESA) redars and subsystems. The company was founded by Tom Driscoll and Eben Frankenberg in 2014 and is headquartered in Bellevue, WA.

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Fluxx Labs, Inc. develops software for management ecosystem. Its products include Grantmaker, Grantseeker and impact intelligence. The company was founded by Jason Ricci, Andrew Lee, Eric Hansen and Kerrin Mitchell in 2010 and is headquartered in San Francisco, CA.

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