Aug182021

Name: Kresge Foundation

Address: 3215 West Big Beaver
Troy, Ml 48084

Phone Number: 248-643-9630

EIN: 38-1359217

IRS Subsection: 501{c)(3) Charitable Organization

Type: Independent Foundation

Purpose and Activities 

The foundation seeks to strengthen nonprofit organizations by catalyzing their growth, connecting them to their stake holders, and challenging greater support through grants. The foundation believes that strong, sustainable, high capacity organizations are positioned to achieve their missions and strengthen communities. Grants are awarded to nonprofit organizations operating in the fields of education, health and long-term care, human services, arts and humanities, public affairs, and science, nature, and the environment.

Background

Incorporated in 1924 in MI – Founded by the late Sebastian Spering Kresge for the “promotion of human progress.” Kresge amassed a fortune as founder and chairman of the board of the S.S. Kresge Co., a 5-and-10-cent syndicate operating through the U.S., Canada, and Puerto Rico (now known as K-Mart Corp.). The foundation is not affiliated or associated with K-Mart or any other organization. The foundation received distributions of cash and securities from the estate of the late Clara K. Kresge totaling $7,533,191 in 1983 and $11,773,896 in 1984

Applications/RFPs

See the foundation website for more application information for each program. Application procedures vary for each foundation program area. See the foundation website for information on its Social Investment Practice.

Application form required.

Initial Approach: Online submission of proposal. Some grant opportunities are by invitation only.

Copies of the proposal: 1

Board meeting date(s): Mar., June, Sept. and Dec.

Deadline(s): Announced when granting opportunities open

Final notification: Generally within 10 to 12 weeks of the submission date

CONTACT INFORMATION