The Kresge Foundation

Audrey Choi elected to 3M Board of Directors

Retrieved on: 
Friday, August 11, 2023

ST. PAUL, Minn., Aug. 11, 2023 /PRNewswire/ -- 3M (NYSE: MMM) announced today that Audrey Choi, retired Chief Sustainability Officer and Chief Marketing Officer, Morgan Stanley, has been elected to 3M's Board of Directors, effective August 9, 2023.

Key Points: 
  • ST. PAUL, Minn., Aug. 11, 2023 /PRNewswire/ -- 3M (NYSE: MMM) announced today that Audrey Choi, retired Chief Sustainability Officer and Chief Marketing Officer, Morgan Stanley, has been elected to 3M's Board of Directors, effective August 9, 2023.
  • In connection with Ms. Choi's election, the Board of Directors increased its size from 10 to 11 members.
  • Ms. Choi was Morgan Stanley's first Chief Sustainability Officer and a member of the firm's Management Committee from 2017-2022, overseeing sustainability for a global financial services firm with offices in 41 countries.
  • Ms. Choi earned her bachelor's degree from Harvard College and master's degree in business administration from Harvard Business School.

Thurgood Marshall College Fund and Delaware State University Announce the Joint Center for HBCU Non-Traditional Completion

Retrieved on: 
Tuesday, August 1, 2023

WASHINGTON, D.C., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Thurgood Marshall College Fund (TMCF) and Delaware State University (DSU) announced the creation of the TMCF-DSU Joint Center for HBCU Non-Traditional Completion, to be housed at DSU.

Key Points: 
  • WASHINGTON, D.C., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Thurgood Marshall College Fund (TMCF) and Delaware State University (DSU) announced the creation of the TMCF-DSU Joint Center for HBCU Non-Traditional Completion, to be housed at DSU.
  • The Joint Center will use lessons learned from a three-year pilot program for near completers and adult learners funded by grants from the Kresge Foundation and Ascendium Education Group.
  • In addition, the Joint Center will provide best practices on new college completion pathways for non-traditional students, including online completion and stacked credentials.
  • “Many HBCU students in the past have stopped out of college yet consider themselves part of the HBCU community.

The BUILD Health Challenge Announces 13 New Communities Leading the Way to Transform Community Health

Retrieved on: 
Tuesday, May 23, 2023

WASHINGTON, May 23, 2023 (GLOBE NEWSWIRE) -- Today, The BUILD Health Challenge® (BUILD) announces its Fourth Cohort of awardees, including 13 new communities throughout the U.S., that will receive a total of $8.5 million in funding and resources to advance health equity over the next three years.

Key Points: 
  • WASHINGTON, May 23, 2023 (GLOBE NEWSWIRE) -- Today, The BUILD Health Challenge® (BUILD) announces its Fourth Cohort of awardees, including 13 new communities throughout the U.S., that will receive a total of $8.5 million in funding and resources to advance health equity over the next three years.
  • BUILD invests in community-centered, multi-sector partnerships that ensure that everyone has a fair and just opportunity to be healthy.
  • “BUILD communities are leveling the playing field,” said Melissa Monbouquette, Executive Director of BUILD.
  • “Through capacity building, amplifying community voice, and sharing what works, BUILD communities are demonstrating what the future of community health practice looks like.”
    The first three cohorts of BUILD included 55 initiatives across 25 states.

DETROIT'S MOST COMPREHENSIVE MEDICAL RESPITE PROGRAM FOR HOMELESS SECURES NOVEL, MULTI-SECTOR INVESTMENT

Retrieved on: 
Wednesday, May 24, 2023

DETROIT, May 24, 2023 /PRNewswire/ -- Neighborhood Service Organization (NSO) today announced it has secured outcomes-based investments to launch Detroit's most comprehensive medical respite program focused on improving the health of individuals experiencing homelessness. Partners from multiple sectors – Molina Healthcare of Michigan, Quantified Ventures, Rocket Community Fund, and The Kresge Foundation – worked with NSO to structure funding to open this best-in-class program and align each organization's incentives around better health outcomes.

Key Points: 
  • The NSO medical respite program will be located in the recently completed Detroit Healthy Housing Center on the city's east side, which pairs emergency shelter with wraparound health care and support services.
  • The medical respite program and the 22,000-square-foot Detroit Healthy Housing Center are critical to efforts to end chronic homelessness in southeast Michigan, and the co-location of related services will help achieve better medical respite program outcomes.
  • The five partners developed interconnected agreements designed to ensure stable revenue for the medical respite program and to unlock financing that NSO can access for program expansion.
  • Investments from The Kresge Foundation and the Rocket Community Fund will jumpstart medical respite program operations and the first phase of the program's growth.

Mercer Advisors Brings Foundations & Endowments Conference to San Francisco

Retrieved on: 
Thursday, May 4, 2023

Mercer Advisors’ Foundation and Endowment Services group will host its 2023 conference series in San Francisco on Thursday, May 11.

Key Points: 
  • Mercer Advisors’ Foundation and Endowment Services group will host its 2023 conference series in San Francisco on Thursday, May 11.
  • The headline speaker is Jim Bildner, CEO of the Draper Richards Kaplan Foundation .
  • He will be joined by Marla Blow, President and COO of the Skoll Foundation ; Jeremiah Barlow, Head of Family Wealth Services at Mercer Advisors; and Jenny Xia Spradling, co-Founder and co-CEO of FreeWill .
  • The upcoming event will be held at BlackRock, 400 Howard Street, San Francisco, on May 11 between 8:30 a.m. and 1:00 p.m., and will include a continental breakfast and networking lunch.

WEINBERG FOUNDATION SELECTS NEW TRUSTEE, BOARD CHAIR

Retrieved on: 
Tuesday, April 18, 2023

, who has served as a Foundation trustee since 2016 and as the board chair since 2020.

Key Points: 
  • , who has served as a Foundation trustee since 2016 and as the board chair since 2020.
  • The Weinberg Foundation, one of the largest private charitable organizations in the United States, is dedicated to meeting the basic needs of people experiencing poverty.
  • With assets of about $3.1 billion, the Foundation provides $150 million in grants and other activities each year.
  • “I am honored to have been selected as a trustee of the Weinberg Foundation and to represent Hawai'i, where the Foundation has an enduring commitment to improving the lives of people living in poverty,” Bronster said.

Third Annual Milken Institute Public Finance Forum Convenes 250+ Leaders for Conversations on Infrastructure and Capital Deployment

Retrieved on: 
Wednesday, January 11, 2023

This year’s forum will be held at the Park Hyatt Hotel in Washington, DC, on January 10-12, 2023.

Key Points: 
  • This year’s forum will be held at the Park Hyatt Hotel in Washington, DC, on January 10-12, 2023.
  • Attendees across the government, philanthropy, and investment communities will have an opportunity to network, attend plenary sessions, and conduct conversations with peers on critical deployment challenges.
  • The Milken Institute will live-stream the Public Finance Forum public sessions, expanding access to the event.
  • For more updates on the event, follow the Milken Institute on Facebook , LinkedIn , Twitter , and Instagram .

Institute for Building Technology and Safety releases report on Equitable Climate Resilience for Local Governments

Retrieved on: 
Thursday, December 1, 2022

ASHBURN, Va., Dec. 1, 2022 /PRNewswire-PRWeb/ -- The Institute for Building Technology and Safety (IBTS), a nonprofit organization focused on strengthening communities, has released "Equitable Climate Resilience for Local Governments," a white paper outlining the results of a two-year study on the intersection of social inequities and climate resilience in U.S. cities.

Key Points: 
  • ASHBURN, Va., Dec. 1, 2022 /PRNewswire-PRWeb/ --The Institute for Building Technology and Safety (IBTS), a nonprofit organization focused on strengthening communities, has released "Equitable Climate Resilience for Local Governments," a white paper outlining the results of a two-year study on the intersection of social inequities and climate resilience in U.S. cities.
  • In the second phase, the research team used results from the survey to develop a resource to assist local governments with understanding, assessing, and prioritizing ECR efforts.
  • A 22-member advisory panel of social, climate, and local government subject matter experts provided feedback during each phase of the study.
  • 75% of respondents agreed that an assessment and planning tool that focuses on equitable climate resilience would be useful for their cities.

Complete College America Names Kresge Foundation Program Officer to its Board of Directors

Retrieved on: 
Thursday, November 10, 2022

INDIANAPOLIS, Nov. 10, 2022 /PRNewswire/ -- Complete College America, a national non-profit organization on a mission to raise postsecondary attainment in the United States, today announced the appointment of Dr. Edward Smith, a senior program officer with The Kresge Foundation's Education Program, to its board of directors.

Key Points: 
  • Nonprofit higher education reform network welcomes college access and success expert Dr. Edward Smith to its board of directors
    INDIANAPOLIS, Nov. 10, 2022 /PRNewswire/ -- Complete College America , a national non-profit organization on a mission to raise postsecondary attainment in the United States, today announced the appointment of Dr. Edward Smith , a senior program officer with The Kresge Foundation's Education Program, to its board of directors.
  • "Restoring the promise of higher education means that we must bring proven practices to institutions that have been for too long left behind by the college completion movement," said Dr. Yolanda Watson Spiva, president of Complete College America.
  • "Dr. Smith's deep experience in education policy research coupled with his expertise in higher education innovation, college opportunity and degree completion makes him an ideal fit to join our board.
  • I'm humbled and honored to have this opportunity to join Complete College America's board."

Arctaris Announces Bank of America as Investor in New $25M Regional Opportunity Zone Program Focused on Diversity, Equity, Inclusion, and Community Revitalization

Retrieved on: 
Tuesday, November 8, 2022

Arctaris Impact Investors, LLC (Arctaris) is pleased to announce a recent investment from Bank of America (BofA) into the Arctaris Opportunity Zone Fund 2022.

Key Points: 
  • Arctaris Impact Investors, LLC (Arctaris) is pleased to announce a recent investment from Bank of America (BofA) into the Arctaris Opportunity Zone Fund 2022.
  • The investment will help spur a new Arctaris place-based investment program focused on the greater Hartford area with emphasis on diversity, equity, inclusion, and community revitalization.
  • The investment program, which Arctaris anticipates will exceed $25 million, will support revitalization projects in Hartfords urban core.
  • Arctaris is thrilled that Bank of America is joining our impact mission, said Jonathan Tower, founder and managing partner of Arctaris.