TY 2017 IRS 990 e-File Render
Name:
THE KRESGE FOUNDATION
EIN:
38-1359217
Category Amount
CAPITAL IMPACT PARTNERS - SUPPORT FOR THE MICHIGAN GOOD FOOD FUND, LOAN AND GRANT FUND, CREATED TO FINANCE HEALTHY FOOD PRODUCTION, DISTRIBUTION, PROCESSING, AND RETAIL PROJECTS THAT BENEFIT UNDERSERVED COMMUNITIES THROUGH MICHIGAN. 200,000
CAPITAL IMPACT PARTNERS - TO SUPPORT THE GOAL OF BUILDING A HEALTHY MEMPHIS MEDICAL DISTRICT BY CONNECTING PEOPLE TO NEIGHBORHOODS THAT PROVIDE RETAIL, RESIDENTIAL, RECREATIONAL AND EMPLOYMENT OPPORTUNITIES. 2,000,000
COMMUNITY LOAN FUND OF NEW JERSEY - THE PURPOSE OF THIS PRI IS TO SUPPORT THE NEW JERSEY COMMUNITY CAPITAL CREATIVE PLACEMAKING FUND. 1,000,000
COOPERATIVE FUND OF NEW ENGLAND, INC. - PRI TO FINANCE COOPERATIVES THAT BUILD EQUITY AND HEALTHY PLACES THROUGH TENANT-CONTROLLED, PERMANENTLY AFFORDABLE HOUSING AND COMMUNITY-CONTROLLED, HEALTHY FOOD RETAIL IN URBAN NEW ENGLAND. 1,000,000
COUNCIL FOR NATIVE HAWAIIAN ADVANCEMENT - A PRI TO SUPPORT BOTH FAMILIES AND SERVICE ORGANIZATIONS WITH ACCESS TO CAPITAL TO IMPROVE THE QUALITY OF LIFE AND ECONOMIC SECURITY OF LOW-INCOME INDIVIDUALS. 500,000
EASTERN MARKET CORPORATION - THE PRI WILL PROVIDE CAPITAL FOR EMC'S GROWTH STRATEGY. IT WILL ALSO ENABLE EMC TO WORK WITH EXISTING TENANTS TO PILOT THE WID ON THE ACQUIRED PARCELS. THE PRI FUNCTIONS AS A CAPACITY BUILDING TOOL FOR EMC. 750,000
ECONOMIC DEV GROWTH ENGINE FOR MEMPHIS AND SHELBY COUNTY - TO IGNITE THE REDEVELOPMENT AND VIBRANCY IN DISTRESSED COMMERCIAL CORRIDORS BY PROVIDING NONTRADITIONAL ACCESS TO CAPITAL IN ECONOMICALLY DIVERSE COMMUNITIES BY LEVERAGING AUTHENTIC ARTS, CULTURE, AND URBAN DEVELOPMENT IN TARGET AREAS. 500,000
FORWARD COMMUNITY INVESTMENTS, INC. - A PRI FROM KRESGE COMMUNITY FINANCE TO EXPAND ITS CAPACITY TO FINANCE COMMUNITY FACILITY PROJECTS IN MILWAUKEE COMMUNITIES AND NEIGHBORHOODS THAT BORDER ON AND IN ZIP CODE 53206, THE MOST INCARCERATED ZIP CODE IN THE US. 1,000,000
FRESH COAST CAPITAL - TO INVEST IN THE SCALING OF FCC'S APPROACH THROUGH TARGETED SUBSIDIES DESIGNED TO HELP THE COMPANY ACHIEVE PROOF OF CONCEPT WHILE MAINTAINING THE DISCIPLINE OF AN INVESTMENT. 375,000
HOPE CREDIT UNION - THE PURPOSE OF THIS PRI IS TO STRENGTHEN THE COMMUNITY INVESTMENT SYSTEM IN MEMPHIS. 1,500,000
LIVING CITIES, INC. THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE - TO PROVIDE LENDING CAPITAL TO BCF FOR INVESTMENT IN URBAN AREAS WITH THE OBJECTIVE OF MAKING MARKETS WORK FOR UNDER-SERVED URBAN NEIGHBORHOODS AND THEIR RESIDENTS. 50,295
MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC - THIS PFS PROJECT WILL IMPROVE ECONOMIC OUTCOMES AND PROVIDE A BETTER QUALITY OF LIFE FOR A DIVERSE POPULATION OF APPROXIMATELY 2,000 WORK-AUTHORIZED, ENGLISH LANGUAGE LEARNERS (ELLS) LIVING IN LOW-INCOME NEIGHBORHOODS IN THE GREATER BOSTON. 141,666
NATIONAL HOUSING TRUST COMMUNITY DEVELOPMENT FUND - TO DEVELOP A REVOLVING LOAN FUND THAT FINANCES THE PRESERVATION AND ENERGY RETROFITS OF AFFORDABLE AND MIXED INCOME HOUSING IN WASHINGTON DC'S EAST OF THE RIVER NEIGHBORHOOD TO REDUCE ENERGY COSTS AND INCREASE HEALTH BENEFITS. 500,000
NATIONAL HOUSING TRUST COMMUNITY DEVELOPMENT FUND - TO ACQUIRE AND CONVERT MARKET-RATE MULTIFAMILY RENTAL PROPERTIES, TYPICALLY IN HIGH-COST HIGH OPPORTUNITY AREAS WITH ACCESS TO GOOD SCHOOLS, INTO MIXED INCOME COMMUNITIES IN FOUR METROPOLITAN AREAS. 1,377,000
NEIGHBORWORKS CAPITAL CORPORATION - ENTERPRISE LEVEL CAPITAL FOR FUTURE SUSTAINABLE OPERATIONS AND FINANCIAL STRENGTH. 1,400,000
NONPROFITS ASSISTANCE FUND - PROVIDE CAPITAL FOR LOANS TO 20 NONPROFIT ORGANIZATIONS IN MN, SUPPLEMENTED BY A PROGRAM OF SUPPORTIVE SERVICES AND RESOURCES TO CHANGE THEIR FINANCIAL HEALTH AND CAPACITY AND POSITION THEM TO BE COMMUNITY LEADERS AND AGENTS OF CHANGE. 1,500,000
PORT OF GREATER CINCINNATI DEVELOPMENT AUTHORITY - FOR DEVELOPMENT PROJECTS IN TARGETED LOW-TO-MODERATE INCOME AREAS WITH THE GOAL OF FACILITATING NEIGHBORHOOD REVITALIZATION THROUGH PLACE-BASED, NEIGHBORHOOD-SERVING BUSINESSES, LOCAL MICRO-ENTREPRENEURS, AND CREATIVE ENTERPRISES. 2,000,000
THE COMMUNITY DEVELOPMENT TRUST - TO SUPPORT PERMANENT DEBT FINANCING FOR THE STRONG FAMILIES FUND. 320,000
THE REINVESTMENT FUND, INC. - THE PURPOSE OF THIS PRI IS TO SUPPORT COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN THE ARTS AND CREATIVE ECONOMY. 1,432,500
YOUTH SERVICES, INC. - THIS PRI SUPPORTS THE MASSACHUSETTS JUVENILE JUSTICE PAY FOR SUCCESS PROJECT. 442,754