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    THE KRESGE FOUNDATION

    Supporting OrganizationIRS data 2022–2024
    TROY, MIEIN 381359217 Website

    Annual Giving

    $170.0M+3% YoY

    Grants

    800

    Median Grant

    $140K

    Organizations Funded

    783

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    Foundation Overview

    Mission

    Kresge is a strategic philanthropy that works to expand opportunity for low-income people in America's cities through grantmaking and social investing. Our mission is to expand equity and opportunities in America's cities for people with low incomes.

    Focus Areas

    community developmentneighborhood revitalizationeconomic developmentarts and cultureracial equityeducationhigher education and college accessearly childhood education

    Grant Types

    general operating supportproject supportmatching giftregranting/intermediary fundingcapital/construction grantsfellowshipsevent sponsorshipscapacity-building grants

    Funded Initiatives

    Detroit investment $180 million in neighborhoods, Early Years for Success (KEYS) Detroit $20 million 5-year initiative, Urban Sustainability Directors Network, Kresge Arts in Detroit program, Chalkbeat Detroit bureau

    How to Apply

    Most applications begin with Letter of Inquiry (LOI). If advancing, program officer works with organization to refine request for full proposal. Decisions within 10-12 weeks.

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024+3%

    $170.0M

    Grants

    800

    Median

    $140K

    States

    39

    2023

    $164.8M

    Grants

    799

    Median

    $126K

    States

    40

    2022

    $164.3M

    Grants

    808

    Median

    $150K

    States

    38

    Grant Size Distribution

    $150K

    Typical Grant (Median)

    $3K

    Smallest

    $80K

    25th Pctile

    $250K

    75th Pctile

    $5.0M

    Largest

    Excludes grants ≤ $5K. Half fall between $80K and $250K.

    Largest Recent Grants

    $5.0M

    2024

    FOUNDATION FOR DETROITS FUTURE

    MI · PROJECT SUPPORT FOR THE DETROIT RETIREE- ART TRUST

    $4.4M

    2024

    THE BLACKBAUD GIVING FUND

    SC · MATCHING GIFT

    $2.8M

    2024

    COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN

    MI · GENERAL OPERATING SUPPORT

    $2.7M

    2024

    VOSE RIVER CHARITABLE FUND

    MD · PROJECT SUPPORT GRANT TO SUPPORT UNIVERSITY OF SOUTH FLORIDA COLLEGE OF PUBLIC HEALTH (COPH) TO SERVE AS THE NEW NATIONAL PROGRAM OFFICE (NPO)

    $2.4M

    2024

    THE BARACK OBAMA FOUNDATION

    IL · PROJECT SUPPORT GRANT TO SUPPORT THE OBAMA FOUNDATION

    Geographic Focus

    MI
    $42.6M152 grants
    DC
    $25.4M122 grants
    CA
    $22.1M108 grants
    NY
    $11.5M57 grants
    MD
    $8.2M21 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $4.0B
    $170.0M(4.3%)
    2023
    $4.1B
    $164.8M(4.1%)
    2022
    $4.0B
    $164.3M(4.1%)

    Grants paid shown as percentage of total assets

    Network Intelligence

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

    Questions?