Kresge Foundation
The Kresge Foundation, established in 1924, is a private national foundation based in the United States with an endowment of $3 billion. Its mission is to enhance the quality of life for future generations through strategic grantmaking and social investing across seven program areas: arts and culture, community development, education, health, the environment, human services, and a specific focus on Detroit. In 2011, the foundation awarded 346 grants totaling $170 million, reflecting its commitment to supporting initiatives that help improve the circumstances of low-income individuals and expand opportunities in American cities. The foundation aims to create lasting impact by addressing pressing social challenges and promoting sustainable community development.