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Kresge Foundation Employs New Funding Methods in its First Quarter Grant Awards of Nearly $43 Million
Date:5/14/2008

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For the present, Kresge will utilize the new funding methods through an invitation process only. "We look forward to a time when Kresge will apply these tools in a more responsive way," Rapson notes. "But we first need to determine the strategic directions our program areas will pursue. Once we are more comfortable with those directions, the tools can be put into play more fully and flexibly. We encourage grantseekers to watch the Kresge Foundation Web site (http://www.kresge.org) to learn about new developments associated with our expansion. We are committed to communicating as much as we know as early as we can."

Here is a list of awards approved in the first quarter:

(The list includes current and future planned awards. The type of award is noted.)

Arizona

Arizona Science Center (facilities capital) Phoenix $1,000,000

North Country HealthCare (facilities capital) Flagstaff $250,000

Tucson Zoological Society (facilities capital) Tucson $750,000

California

Boys & Girls Clubs of Southwest County

(facilities capital) Temecula $1,000,000

Resource Area for Teachers (facilities capital) San Jose $275,000

University of California Santa Cruz

(facilities capital) Santa Cruz $700,000

Colorado

Nurse-Family Partnership (growth capital) Denver $3,000,000

Florida

Adopt-A-Family of the Palm Beaches Inc.

(facilities capital) Lake Worth $250,000

Florida Atlantic University

(green planning grant) Boca Raton $50,000

Georgia

Piedmont Park Conservancy Inc.

(facilities capital) Atlanta $1,500,000

Progressive Redevelopment Inc.

(green planning grant)
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SOURCE The Kresge Foundation
Copyright©2008 PR Newswire.
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