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Kresge Foundation shares $21.9 million among 6 community projects
January 27, 2005
By DeAnna Belger

The Kresge Foundation has awarded grants totaling $21.9 million to support six community projects of Detroit organizations.

The Charles H. Wright Museum of African American History in Detroit received $2.5 million for the construction of a new exhibit.

The Community Foundation for Southeastern Michigan in Detroit received $12 million to support its "Community Capital Compact," an initiative designed to double the assets of the foundation by 2009.

The Detroit Youth Foundation in Detroit received $2 million for the renovation of a building to serve as YouthVille Detroit, a multitenant, multiservice center for young people.

The Greater Downtown Partnership Inc. in Detroit received $2 million for the renovation of three sheds as part of its Eastern Market reinvestment strategy.

The Local Initiatives Support Corp. in Detroit received $2 million for its "Neighborhoods Now" campaign.

The University Cultural Center Association in Detroit received $1.4 million for phase four of the Woodward Avenue streetscape improvement plan.

The Troy-based Kresge Foundation is an independent, private foundation created by Sebastian Kresge, who founded what has become Kmart Holding Corp. More information on the foundation can be found at www.kresge.org.