27-Jan-2020 12:54:42 PM
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27-Jan-2020 12:54:42 PM
Established in 1924 by Sebastien Kresge, founder of S.S. Kresge Company which became Kmart, the Kresge Foundation seeks to expand opportunities in the United States' cities. The organization had an endowment of $3.7 billion as at December 31, 2018.
In 2015, the Kresge Foundation's Board of Trustees chose to complement its grant-making activities with impact investments through loans, deposits, equity and others. The organization's goal is to deploy a $350 million pool of funding by 2020 on programs such as health care clinics, affordable housing, social service providers and real estate to advance economic development. As of 2019, the Foundation had $251 million of committed capital to program and mission-related investments.
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Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
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