THE KRESGE FOUNDATION: Stronger Non Profits. Stronger Communities
The Kresge Foundation is a $3.9 billion private foundation that supports communities in the United States and around the world by strengthening the nonprofit organizations that serve them.
The foundation was established by Sebastian Spering Kresge in 1924 “for the promotion of human progress.†With an initial gift of $1.6 million, he launched what would become one of the nation’s largest philanthropic organizations. Over the years, the Kresge Foundation has helped build the nation’s nonprofit infrastructure – libraries, community centers, schools, hospitals, art museums, food banks and countless other facilities.
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