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The Kresge Foundation

Private foundation · Grantmaker Troy, MI EIN: 38-1359217 Website

The Kresge Foundation is a private foundation based in Troy, Michigan, established in 1924. It works nationally to expand equity and opportunity in America’s cities through grantmaking and social investing, with a particular focus on Detroit, Memphis, New Orleans and Fresno.

The Kresge Foundation at a glance

In short: The Kresge Foundation gave $170.0M across 800 grants in 2024 (avg $213K), top state Michigan. 19% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$170,024,313
+3.2% vs 2023
Grants made (2024)
800
+0.1% vs 2023
Average grant
$212,530
+3.0% vs 2023
Median grant
$140,000
Total assets
$3,984,695,361
-2.0% vs 2023
New grantees (estimate)
19% first-time grantees (123 of 651, 2024)
Primary geography
Michigan (25% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Kresge Foundation

How to Apply

Review the relevant program’s application details. Where an opportunity is available, use the Fluxx portal; some opportunities use an open call or request-for-proposals process, while others invite applicants.

Contact

Application contact: The Kresge Foundation
Mailing address: 3215 West Big Beaver Rd, Troy, MI 48084
Phone: (248) 643-9630
Email: grantsmanagement@kresge.org
Website: https://kresge.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Kresge Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Foundation for Detroits Future: $5.0MFoundation for Detroits Future$5.0MThe Blackbaud Giving Fund: $4.4MThe Blackbaud Giving Fund$4.4MCommunity Foundation for Southeast Michigan: $4.2M across 6 grantsCommunity Foundation forSoutheast Michigan$4.2M · 6 grantsVose River Charitable Fund: $3.3M across 3 grantsVose River Charitable Fund$3.3M · 3 grantsEnterprise Community Partners Inc: $3.0M across 5 grantsEnterprise Community PartnersInc$3.0M · 5 grantsCollege for Creative Studies: $2.7M across 3 grantsCollege for Creative Studies$2.7M · 3 grantsRockefeller Philanthropy Advisors Inc: $2.4M across 2 grantsRockefeller PhilanthropyAdvisors Inc$2.4M · 2 grantsThe Barack Obama Foundation: $2.4MThe Barack Obama Foundation$2.4MWayne State University Research & Technology Park in the City of Detroit: $2.0M across 2 grantsWayne State UniversityResearch & Technology Park in…$2.0M · 2 grantsCulturesource: $2.0M across 4 grantsCulturesource$2.0M · 4 grants

The largest 2024 recipient was Foundation for Detroits Future ($5.0M). Together the top 10 received $31.5M.

Organizations only. It also paid 4 grants to individuals ($1,019,370), which are not listed by name.

Grant Size Distribution

4,264 grants across all recorded years

784<$50K751$50–100K1805$100–250K674$250–500K162$500K–1M84$1–5M4$5M+

The most common grant size was in the $100–250K range: 1,805 grants of 4,264 (42%).

Geographic Focus

Where this funder awards grants

Kresge describes itself as a national foundation, with most funding directed to work in the United States; its Education Program also supports a portfolio of institutions in South Africa. The filing identifies particular focus in Detroit, Memphis, New Orleans and Fresno. In 2024, the largest shares of grant dollars went to recipients in Michigan (25%), the District of Columbia (15%), California (13%), New York (7%) and Maryland (5%).

Grant Distribution by State

47states

Share of 2024 grant dollars across all 800 itemized grants.

Cities

DetroitWashingtonNew YorkNew OrleansOaklandMemphisLos AngelesChicagoBostonSan FranciscoFresnoMinneapolisLansingPhiladelphiaAtlantaArlingtonAnn ArborNashvillePortlandCambridge

Is The Kresge Foundation open to new grantees?

19%

first-time grantees, 2024

In 2024, 123 of 651 grantees (19%) were first-time recipients. First grants averaged $152K; repeat grants $287K. How we count

Medians: $80K first-time, $150K repeat.

  • 73% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+4%). Method
  • In 2024 it paid out 115% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50M$100M$150M$200M967 grants2020 890 grants2021 808 grants2022 799 grants2023 800 grants2024

From 2020 to 2024, annual grant giving ranged from $153.5M (2020) to $170.0M (2024). In 2024 it made 800 grants totaling $170.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Foundation for Detroits Future Detroit, MIProject Support for the Detroit Retiree- Art Trust$5,000,000
The Blackbaud Giving Fund Charleston, SCMatching Gift$4,406,874
Community Foundation for Southeast Michigan Detroit, MIGeneral Operating Support$2,830,000
Vose River Charitable Fund Bethesda, MDProject support grant to support university of South Florida college of public health (COPH) to serve as the new national program office (NPO)$2,700,000
The Barack Obama Foundation Chicago, ILProject Support Grant to Support the Obama Foundation$2,400,000
Rockefeller Philanthropy Advisors Inc New York, NYProject support to aid operating support to the center for community investment.$2,150,000
Marygrove Conservancy Support Corporation Detroit, MIProject support grant to the marygrove conservancy support corporation (MCSC) to fund the new market tax credits transaction for the marygrove early education center.$2,000,000
Office of the Assistant Secretary for Indian Affairs Washington, DCProject support grant toward the collection of oral histories and establish a permanent collection of artifacts.$2,000,000
Wayne State University Research & Technology Park in the City of Detroit Detroit, MIProject support to co.act detroit to for kresge innovative projects: detroit round 9.$2,000,000
College for Creative Studies Detroit, MIProject support grant to contribute to the vibrancy of detroit communities by providing critical support to individual artists in the tri-county region.$1,823,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$3,984,695,361$61,261,641$214,406,587$170,024,313800$229,604,073$175,937,912$199,450,283
2023$4,065,070,521$279,706,042$236,434,347$164,818,702799$215,348,887$285,126,455$194,212,106
2022$4,041,565,416$244,988,163$214,603,451$164,312,456808$201,710,543$146,828,869$217,562,530
2021$4,659,732,301$373,549,633$238,258,079$162,753,736890$195,602,532$475,276,690$215,840,935
2020$4,221,623,029$288,149,512$168,618,328$153,483,157967—$116,791,653$182,090,935

Under IRS private-foundation payout rules, The Kresge Foundation reported a distributable amount of $199.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s stated purpose is to expand equity and opportunities in America’s cities and address systemic inequities. It works across programs that include American Cities, Arts & Culture, Detroit, Education, Environment, Health and Human Services, as well as a Social Investment Practice.

Kresge supports nonprofit operations, projects and planning activities. Its grantmaking includes single-year and multiyear awards, and its social investments use tools such as loans, deposits, equity and guarantees. Examples of grantees’ work include the Community Foundation for Southeast Michigan, whose mission is to expand equitable access to opportunity in the region, and CultureSource, which says it advances creative and cultural expression in Southeast Michigan. The College for Creative Studies describes its work as educating visual artists and designers and nurturing creativity, while Enterprise Community Partners says it works to make home and community places of pride, belonging and opportunity.

Grantmaking

In filing year 2024, Kresge reported 800 grants totaling $170,024,313. Awards ranged from $150 to $5 million, with a median grant of $140,000. Among the largest grants were $5 million to Foundation for Detroit’s Future for project support for the Detroit Retiree-Art Trust; $4,406,874 to The Blackbaud Giving Fund for a matching gift; $2,830,000 to the Community Foundation for Southeast Michigan for general operating support; and $2.7 million to Vose River Charitable Fund for support of the University of South Florida College of Public Health as a national program office. Other large awards included $2.4 million to The Barack Obama Foundation and $2.15 million to Rockefeller Philanthropy Advisors for support of the Center for Community Investment.

The foundation’s website says program teams most often invite applicants, but sometimes issue open calls for letters of inquiry within a focus area; initiatives may use open requests for proposals. Applications are managed through the Fluxx portal, and first-time users must create an account. The foundation’s 2024 filing says it does not restrict giving to preselected organizations and directs applicants to its website for application materials and award restrictions. The website’s current funding opportunities page states that no opportunities are open. Separate program listings describe Kresge Innovative Projects: Detroit Plus grants and Detroit Arts Support grants as currently open.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Richard Rip Rapson as president, CEO and trustee; Cecilia Munoz as board chair and trustee; and John Barker as vice president and CIO. Other listed officers and trustees include Zenna Elhasan, Benjamin S. Kennedy, Amy B. Robinson, Richard R. Buery Jr., Audrey Choi and John A. Fry. James L. Bildner is listed as a trustee whose service ended in June 2024.

The Kresge Foundation is led by Richard R. Buery Jr Stmt, President, CEO, Trustee & Trustee on every filing since 2020; all 16 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Richard R. Buery Jr Stmt

    President, CEO, Trustee & Trustee

    On filings since 2020

    55 hrs/week

    $851K (2020) → $947K (2024)

  • Cecilia Munoz Stmt

    Board Chair & Trustee

    Trustee → Board Chair & Trustee, 2022

    On filings since 2020

    5 hrs/week

    $17K (2020) → $44K (2024)

  • James L. Bildner Stmt

    Trustee

    On filings since 2020

    2 hrs/week

    $29K (2020) → $14K (2024)

  • John A. Fry Stmt

    Vice President, CIO & Trustee

    Trustee → Vice President, CIO & Trustee, 2022

    On filings since 2020

    55 hrs/week

    $29K (2020) → $1.2M (2024)

  • Kathy Ko Chin Stmt

    Trustee

    On filings since 2020

    2 hrs/week

    $29K (2020) → $29K (2024)

  • Maria Otero Stmt

    Trustee

    On filings since 2020

    2 hrs/week

    $29K (2020) → $14K (2024)

  • Paula B. Pretlow Stmt

    Trustee

    On filings since 2020

    2 hrs/week

    $29K (2020) → $29K (2024)

  • Suzanne Shank Stmt

    Trustee

    On filings since 2020

    2 hrs/week

    $7K (2020) → $29K (2024)

  • Saunteel Jenkins Stmt

    Trustee

    On filings since 2022

    2 hrs/week

    $14K (2022) → $29K (2024)

  • Audrey Choi Stmt

    Trustee

    On filings since 2023

    2 hrs/week

    $29K (2023) → $29K (2024)

  • S. Scott Kresge Stmt

    Trustee

    On filings since 2023

    2 hrs/week

    $14K (2023) → $29K (2024)

  • Anna Blanding Stmt

    Trustee

    New on the 2024 filing

    2 hrs/week

    $14K (2024)

  • Linda Hill Stmt

    Trustee

    New on the 2024 filing

    2 hrs/week

    $14K (2024)

  • Amy B. Robinson Stmt

    Vice President, CFO, CAO & Treasurer

    Vice President, CFO & CAO → Vice President, CFO, CAO & Treasurer, 2021

    On filings since 2020

    55 hrs/week

    $455K (2020) → $548K (2024)

  • Benjamin S. Kennedy Stmt

    Vice President & Programs

    On filings since 2020

    55 hrs/week

    $348K (2020) → $452K (2024)

  • Zenna Elhasan Stmt

    General Counsel & Board Secretary

    On filings since 2021

    55 hrs/week

    $263K (2021) → $395K (2024)

Former officers (9)
  • Former: Cynthia L. Kresge Stmt (2020–2023) — Trustee
  • Former: Elaine D. Rosen Stmt (2020–2022) — Board Chair Trustee
  • Former: Michael S. Barr Stmt (2020–2022) — Trustee
  • Former: Nancy M. Schlichting Stmt (2020–2022) — Trustee
  • Former: Paul C. Hillegonds Stmt (2020–2022) — Trustee
  • Former: Robert J. Manilla Stmt (2020–2022) — Vice President & CIO
  • Former: Ariel H. Simon Stmt (2020) — Vice President & Chief Program Officer
  • Former: Phillip L. Clay Ph D. Stmt (2020) — Trustee
  • Former: Steven K. Hamp Stmt (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

John Barker STMT 24 — VP & CIO: $1.2MJohn Barker STMT 24VP & CIO$1.2MRichard Rip Rapson STMT 24 — President, CEO, Trustee: $947KRichard Rip Rapson STMT…President, CEO, Trustee$947KAmy B Robinson STMT 24 — VP, CFO & Cao, Treasurer: $548KAmy B Robinson STMT 24VP, CFO & Cao, Treasurer$548KBenjamin S Kennedy STMT 24 — VP, Programs: $452KBenjamin S Kennedy STMT…VP, Programs$452KZenna Elhasan STMT 24 — General Counsel & Board Secretary: $395KZenna Elhasan STMT 24General Counsel & Board…$395KCecilia Munoz STMT 24 — Board Chair, Trustee: $44KCecilia Munoz STMT 24Board Chair, Trustee$44KRichard R Buery Jr STMT 24 — Trustee: $29KRichard R Buery Jr STMT…Trustee$29KAudrey Choi STMT 24 — Trustee: $29KAudrey Choi STMT 24Trustee$29KJohn a Fry STMT 24 — Trustee: $29KJohn a Fry STMT 24Trustee$29KSaunteel Jenkins STMT 24 — Trustee (Ended 12/24): $29KSaunteel Jenkins STMT 24Trustee (Ended 12/24)$29KKathy Ko Chin STMT 24 — Trustee: $29KKathy Ko Chin STMT 24Trustee$29KS Scott Kresge STMT 24 — Trustee: $29KS Scott Kresge STMT 24Trustee$29KPaula B Pretlow STMT 24 — Trustee: $29KPaula B Pretlow STMT 24Trustee$29KSuzanne Shank STMT 24 — Trustee: $29KSuzanne Shank STMT 24Trustee$29KJames L Bildner STMT 24 — Trustee (Ended 6/24): $14KJames L Bildner STMT 24Trustee (Ended 6/24)$14KMaria Otero STMT 24 — Trustee (Ended 6/24): $14KMaria Otero STMT 24Trustee (Ended 6/24)$14KAnna Blanding STMT 24 — Trustee (Began 6/24): $14KAnna Blanding STMT 24Trustee (Began 6/24)$14KLinda Hill STMT 24 — Trustee (Began 6/24): $14KLinda Hill STMT 24Trustee (Began 6/24)$14K

The highest reported compensation on the 2024 filing was $1.2M, to John Barker STMT 24 (VP & CIO). 18 officers or directors reported compensation on that filing.

Frequently asked questions about The Kresge Foundation

How much does The Kresge Foundation give each year?

The Kresge Foundation gave $170.0M across 800 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $164.8M across 799 grants.

What is The Kresge Foundation's typical grant size?

The Kresge Foundation's median grant in 2024 was $140,000, and its average grant was $212,530, across 800 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Kresge Foundation that year got $152K on average.

Where does The Kresge Foundation give grants?

The Kresge Foundation's top state is Michigan, with 25% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (15%) and California (13%). The most frequent recipient cities were Detroit, MI (123 grants), Washington, DC (120 grants), New York, NY (45 grants) and New Orleans, LA (43 grants).

Does The Kresge Foundation give general operating support?

Yes: 24% of The Kresge Foundation's 2024 grants with a stated purpose (191 of 800) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Matching Gift" (20 grants), "Annual Member Support" (19 grants) and "Trustee Recognition Grant" (7 grants).

Who are The Kresge Foundation's largest grantees?

The Kresge Foundation's largest 2024 grantees include Foundation for Detroits Future ($5,000,000), The Blackbaud Giving Fund ($4,406,874) and Community Foundation for Southeast Michigan ($4,183,000 across 6 grants), according to its 2024 IRS Form 990-PF. It also paid 4 grants to individuals ($1,019,370), which are not listed by name. Together they received 8% of its itemized 2024 grant dollars.

How large is The Kresge Foundation?

The Kresge Foundation reported $4.0B in total assets on its 2024 IRS Form 990-PF. It paid out $229.6M in qualifying distributions that year, against a required minimum of $199.5M (roughly 5% of its investment assets).

What does The Kresge Foundation fund?

The foundation’s stated purpose is to expand equity and opportunities in America’s cities and address systemic inequities. It works across programs that include American Cities, Arts & Culture, Detroit, Education, Environment, Health and Human Services, as well as a Social Investment Practice. See mission & focus areas ↑

How do I apply for a grant from The Kresge Foundation?

Review the relevant program’s application details. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Kresge Foundation's EIN?

The Kresge Foundation's EIN (Employer Identification Number) is 38-1359217. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Kresge Foundation funder profile. GrantGraph. Retrieved October 9, 2026, from https://grantable.co/funders/the-kresge-foundation-morg_cb06dfe604cb4e02adadea994173ec0b

BibTeX
@misc{grantable_381359217_2026,
  author       = {{Grantable}},
  title        = {{The Kresge Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-kresge-foundation-morg_cb06dfe604cb4e02adadea994173ec0b},
  note         = {Accessed 2026-10-09. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Kresge Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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