The Kresge Foundation
Inscription
Sebastian Spering Kresge established this foundation in 1924 on the twenty-fifth anniversary of the company he had organized in Detroit. The foundation’s sole donor, he remained chairman of the board until retiring in 1966, shortly before his death. Grants of over $175 million in its first fifty years have aided established institutions to build facilities for teaching, research, healing, and the arts.
In 1984 the foundation moved to this site.
Location
Sources
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