The Kresge Foundation

ICIC and SRI Release Landmark Report on Enhancing Economic Opportunities in Distressed Communities Through Regional Connectivity

Retrieved on: 
Wednesday, April 3, 2024
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Boston, MA, April 03, 2024 (GLOBE NEWSWIRE) -- The Initiative for a Competitive Inner City (ICIC) and SRI today unveiled a groundbreaking report titled " Regional Economic Connectivity: A Strategy to Build Opportunity in Distressed Communities ."

Key Points: 
  • Boston, MA, April 03, 2024 (GLOBE NEWSWIRE) -- The Initiative for a Competitive Inner City (ICIC) and SRI today unveiled a groundbreaking report titled " Regional Economic Connectivity: A Strategy to Build Opportunity in Distressed Communities ."
  • The report aims to bridge the economic divide by fostering connections between distressed communities and the more prosperous parts of their metropolitan areas.
  • "Regional Economic Connectivity" not only identifies the mechanics of economic integration but also provides actionable insights for economic development professionals, policymakers, community leaders, and private and public sector partners.
  • “Through this report, ICIC and SRI offer a novel approach to economic development that prioritizes both growth and equity,” said Howard Wial, Senior Vice President and Director of Research at ICIC.

National Civil Rights Museum adds to roundtable slate for The Resilience: Combatting Police Violence through Policy and Public Safety

Retrieved on: 
Thursday, March 14, 2024
The Kresge Foundation, Health care, Museum, The Reckoning, Brookings Institution, Restoration, Health equity, Resilience, Education, National Civil Rights Museum, Law enforcement, Violence, City, Memphis Cook Convention Center, CNN, Reconciliation, Police, Killing of Tyre Nichols, FedEx, Safety, Workforce, Bangladesh Technical Education Board, AIR, Pain, Policy, State, Parent, Work, Drug

Memphis, TN, March 14, 2024 (GLOBE NEWSWIRE) -- The National Civil Rights Museum will host the fourth and final national convening entitled “The Resilience: Combatting Police Violence through Policy and Public Safety” on March 22, 2024 from 9:00 am to 2:00 pm at the Renasant Convention Center.

Key Points: 
  • Memphis, TN, March 14, 2024 (GLOBE NEWSWIRE) -- The National Civil Rights Museum will host the fourth and final national convening entitled “The Resilience: Combatting Police Violence through Policy and Public Safety” on March 22, 2024 from 9:00 am to 2:00 pm at the Renasant Convention Center.
  • During the symposium, participants will offer strategies and solutions to tackle police violence through policy-driven, community-led, and trauma-informed alternatives to traditional public safety methods.
  • The event includes an opening panel, facilitated sessions, and a lunch roundtable discussion:
    Opening Panel – From Pain to Purpose: The Courageous Activism of Police Violence Victims.
  • The national convening series – The Reckoning, The Resolve, The Reconciliation, and The Resilience – is made possible by the support of National Civil Rights Museum Catalyst Partners FedEx, Cummins, and The Kresge Foundation.

National Civil Rights Museum hosts symposium, The Resilience: Combatting Police Violence through Policy and Public Safety

Retrieved on: 
Tuesday, February 20, 2024
Museum, Love, The Reckoning, National Civil Rights Museum, Violence, FedEx, Restoration, Community engagement, Education, Courage, Brookings Institution, Work, Parent, Bangladesh Technical Education Board, Memphis Cook Convention Center, Safety, Face, The Kresge Foundation, CNN, Pain, AIR, Policy, Resilience, Police, Health equity, Workforce, Killing of Tyre Nichols, Law enforcement, Reconciliation, NAACP, Drug

Memphis, TN, Feb. 20, 2024 (GLOBE NEWSWIRE) -- The National Civil Rights Museum will host the fourth and final national convening entitled “ The Resilience: Combatting Police Violence through Policy and Public Safety ” on March 22, 2024 from 9:00 am to 2:00 pm at the Renasant Convention Center.

Key Points: 
  • Memphis, TN, Feb. 20, 2024 (GLOBE NEWSWIRE) -- The National Civil Rights Museum will host the fourth and final national convening entitled “ The Resilience: Combatting Police Violence through Policy and Public Safety ” on March 22, 2024 from 9:00 am to 2:00 pm at the Renasant Convention Center.
  • “The Resilience symposium is the apex of collaboration among thought leaders and activists whose commitment to public safety, justice, and dignity are born out of love for our communities,” said Museum President, Dr. Russ Wigginton.
  • Opening Panel – From Pain to Purpose: The Courageous Activism of Police Violence Victims.
  • The luncheon panel includes Derrick Johnson, National President of NAACP, Raumesh Akbari, Tennessee State Senator, and is moderated by Symone Sanders Townsend.

Kresge Foundation to Commemorate Its Centennial in 2024

Retrieved on: 
Thursday, January 25, 2024
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TROY, Mich., Jan. 25, 2024 /PRNewswire/ -- The Kresge Foundation – one of the nation's oldest and largest private philanthropies with an endowment of nearly $4 billion in assets – will be commemorating the centennial of its founding throughout 2024 in its hometown of Detroit. To mark this special occasion, Kresge will host commemorative events and community activations that celebrate the foundation's longstanding philanthropic legacy.

Key Points: 
  • TROY, Mich., Jan. 25, 2024 /PRNewswire/ -- The Kresge Foundation – one of the nation's oldest and largest private philanthropies with an endowment of nearly $4 billion in assets – will be commemorating the centennial of its founding throughout 2024 in its hometown of Detroit.
  • "We build on the shoulders of our founder Sebastian S. Kresge, who created the S.S. Kresge Company retail chain and who dedicated his generosity in endowing the foundation to making the world a better place.
  • Kresge also introduced a new centennial section to its website to share the history of its founder, the S.S. Kresge Co. retail business and the foundation.
  • Later in the year, Kresge will release its annual report, which will focus on the centennial and Kresge's 100 years of impact.

Meharry Medical College Launches Nation’s First School of Global Health

Retrieved on: 
Monday, November 13, 2023
Diabetes, Health, Other Health, Training, Other Education, Continuing, University, Practice Management, Managed Care, Education, General Health, Hospitals, Fitness & Nutrition, Nursing, JD, Social, Global health, Health equity, STEM, DHL, Meharry Medical College, Global Health, Congress, Trustee, MBA, Mental health, Medical college, The Kresge Foundation, Knowledge, School, CVS Health, HIV, Behavioural sciences, American Public Health Association, Doctor of Public Health, Public health, PEPFAR, CVS Caremark, Female, Public, Medicine, Student, MCP, Accreditation, HBCU, Together for Change, BSPH, Research, Policy, Hope, LLP, FACC, Morehouse School of Medicine, Faculty, COVID-19, MPH, Human, Management, Pharmaceutical industry, Doctor of Philosophy

Meharry Medical College is advancing its work to eliminate global health inequities by establishing the first School of Global Health in the United States.

Key Points: 
  • Meharry Medical College is advancing its work to eliminate global health inequities by establishing the first School of Global Health in the United States.
  • The School is an outgrowth of the Institute of Global Health Equity, which Meharry launched in February of 2023.
  • The Meharry Board of Trustees unanimously approved Meharry establishing the School of Global Health at a meeting in October.
  • "As a former president of Meharry Medical College, it brings me great joy to witness the launch of the School of Global Health, which will be a global health equity pioneer," said Dr. David Satcher, the 16th U.S.

New Statewide Campaign in California Helps Adult Learners Return to Higher Education at 4x National Re-Enrollment Rate

Retrieved on: 
Tuesday, December 12, 2023
Community college district, Public policy, San Diego City College, Organization, San Diego Miramar College, The Kresge Foundation, Golden State, Learning, Crafton Hills College, Student, CSU, Mesa College, University, School, California State University, Sacramento, Sacramento, California, Education, National Student Clearinghouse, Nursing, Tutoring

SACRAMENTO, Calif., Dec. 12, 2023 /PRNewswire/ -- InsideTrack, the national student success coaching nonprofit that has served more than 3.2 million learners since 2001, today reported initial progress and expansion plans from the first year of its California Reconnect initiative, a groundbreaking statewide campaign aimed at helping working adults return to college and complete their degrees. Building on its initial launch in December 2022, California Reconnect has achieved significant success in its pilot phase and is poised to expand its impact across the state.

Key Points: 
  • "These promising results will help us lay the foundation as California Reconnect continues to re-engage and re-enroll high potential learners throughout the Golden State."
  • Since its formal launch in the spring of 2023, California Reconnect has made substantial strides.
  • To date, more than 5,700 former students have been contacted through these efforts—and of those 8.4% have re-enrolled, more than 4x the national re-enrollment rate calculated by the National Student Clearinghouse.
  • California Reconnect is funded through generous financial support from ECMC Foundation , Strada Education Foundation and the Kresge Foundation.

2023 College Promise Careers Institute to Take Place at the University of Tennessee, Knoxville, on November 8th and 9th, 2023

Retrieved on: 
Monday, October 9, 2023
Cloud, Partnership, Student, SCORE, Education, Promise, Carnegie Corporation of New York, America's College Promise, Employment, University, Blackstone Career Institute, Workforce, The Kresge Foundation, Policy, University of Tennessee, College Promise, Tennessee Promise, Tutoring, Management

WASHINGTON, Oct. 9, 2023 /PRNewswire/ -- College Promise , in collaboration with TNPromise and TnAchieves, leading providers of statewide Tennessee college opportunities for students, is pleased to announce the forthcoming 2023 College Promise Careers Institute.

Key Points: 
  • WASHINGTON, Oct. 9, 2023 /PRNewswire/ -- College Promise , in collaboration with TNPromise and TnAchieves, leading providers of statewide Tennessee college opportunities for students, is pleased to announce the forthcoming 2023 College Promise Careers Institute.
  • Registration for the 2023 College Promise Careers Institute is now open.
  • "As a founding College Promise National Advisory Council member and a champion of TN Promise, we are excited to host the annual Careers Institute at the University of Tennessee, Knoxville, this year!
  • The College Promise Careers Institute unites experts in education and workforce development, working diligently on increasing economic mobility for all Americans.

TruFund Financial Services, Inc. Secures Additional $11.5 Million in Capital to Bolster Historically Under-Resourced Affordable Housing Developers

Retrieved on: 
Friday, September 29, 2023
Construction & Property, Women, Finance, Banking, REIT, Professional Services, Philanthropy, Consumer, Foundation, Morgan Stanley, Ford, Housing, The Kresge Foundation, IDF, Ford Foundation, Organization, Socially responsible investing, Investment, CDFI, BIPOC, Financial services, Renewable energy, Security (finance)

TruFund Financial Services, Inc. is proud to announce the expansion of the Impact Developers Fund (IDF).

Key Points: 
  • TruFund Financial Services, Inc. is proud to announce the expansion of the Impact Developers Fund (IDF).
  • The fund's mission is to empower real estate developers who have traditionally lacked access to capital and support from conventional sources, including BIPOC and women-owned developers.
  • Since its launch in 2020 with $26 million in initial capital from Morgan Stanley and the Ford Foundation, IDF has demonstrated its unwavering commitment to supporting developers focused on creating high-quality, affordable housing throughout the United States.
  • Since IDF’s investments were made, these developers have secured over $130 million in additional operating or project financing.

Quality Jobs Fund and Kresge Foundation Invests Millions in The 22 Fund for Climate Justice

Retrieved on: 
Tuesday, September 19, 2023
Federal Home Loan Banks, Human, Entrepreneurship, Investment, Face, LGBTQ, New World Foundation, Human services, The Kresge Foundation, Woman, Socially responsible investing, BIPOC, LOS, Fund, Renewable energy, Kresge

LOS ANGELES, Sept.19, 2023 /PRNewswire/ -- The 22 Fund, a Los Angeles-based impact early-growth venture fund, today announced $5 million and $2 million investments from Quality Jobs Fund/New World Foundation and The Kresge Foundation respectively.

Key Points: 
  • Investments will help bring back and grow U.S. manufacturing firms and jobs in underserved communities
    LOS ANGELES, Sept.19, 2023 /PRNewswire/ -- The 22 Fund, a Los Angeles-based impact early-growth venture fund, today announced $5 million and $2 million investments from Quality Jobs Fund/New World Foundation and The Kresge Foundation respectively.
  • "We created The 22 to address the lack of equity capital available to the manufacturing sector, which is the foundation of our economy," said The 22 Fund Founder and Managing Partner Tracy Gray.
  • "With our investment of $5 million into The 22 Fund, we are supporting their mission of creating tech-based manufacturing quality jobs in low- and moderate-income communities," said Quality Jobs Fund Director Noah S. Bernstein.
  • The 22 Fund meets those challenges head on while also facing some of these same challenges as a woman of color led fund founder and manager."

13th Annual Jalen Rose Leadership Academy Celebrity Golf Classic, A PGD Global Production Raises Much Needed Funds for Detroit Public Charter High School

Retrieved on: 
Tuesday, September 19, 2023
NFL, JPMorgan Chase, Jalen Rose Leadership Academy, University, PUMA, DJ, Comerica, The Kresge Foundation, Waterloo Open Golf Classic, Bacardi, Golf, Root, Bloody, Athlete, MGM Resorts International, Stride, Turn, JEEP, NBA, MGM Grand Detroit, Detroit Golf Club, JRLA, Platinum, Pupil, Nightclub

DETROIT, Sept. 19, 2023 /PRNewswire-PRWeb/ -- Images from the event can be accessed https://drive.google.com/drive/folders/1iv8_THSfhRUBk36hIlaGDZ2tC5s9RfX5

Key Points: 
  • In support of the Jalen Rose Leadership Academy (JRLA), sports legends, entertainers and local celebrities joined guests for the 13th Annual JRLA Celebrity Golf Classic, a PGD Global production on August 20-21 in Detroit.
  • The weekend was hosted by University of Michigan "Fab Five" Legend, NBA Star and Multi-Media Personality Jalen Rose who founded the school in 2011.
  • The highly anticipated event raised over $150,000 to benefit the public charter high school located in the zip code where Jalen grew up.
  • The evening was hosted by Jalen Rose alongside golf professionals, event producers and sisters, Nisha and Seema Sadekar, who greeted guests and opened the program.