# Kresge Foundation

> Kresge Foundation is a VC fund in Much backing Communities and Non Profit. See 46 investments, check sizes, portfolio and contact details. Updated Sep 2026.

- Type: VC Fund
- Location: Much, Germany
- Total investments: 46
- Last investment: Apr 2022
- Lead investor: 76%
- Fund size: $30M
- Last fund: Sep 2013
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/the-kresge-foundation
- X (Twitter): http://twitter.com/kresgefdn
- Website: http://kresge.org
- Facebook: https://www.facebook.com/TheKresgeFoundation

Kresge Foundation is a VC fund in Much focused on Communities and Non Profit. The Kresge Foundation is a $3 billion private, national foundation that seeks to influence the quality of life for future generations.The foundation works in seven program areas: arts and culture, community development, Detroit, education, the environment, health, and human services.In 2011, the Board of Trustees approved 346 awards totaling$170 million; $140 million was paid out to grantees over the course of the year.

## Contacts

5 contacts available for Kresge Foundation. Shizune tracks 9 team members at Kresge Foundation. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/kresge-foundation?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Communities | 12 | 26% |
| Non Profit | 8 | 17% |
| Social | 3 | 7% |
| Education | 3 | 7% |
| SaaS | 2 | 4% |

60 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 29 | 63% |
| Series B | 3 | 7% |
| Venture - Series Unknown | 2 | 4% |
| Seed | 1 | 2% |
| Series A | 1 | 2% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 35 | 76% |
| Puerto Rico | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Benjamin Kennedy | Program Officer | 1 | — |
| Rip Rapson | President and CEO | 1 | — |
| John Barker | Managing Director | 0 | — |
| Jon Gentry | Managing Director | 1 | — |
| Lois DeBacker | Managing Director | 1 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Inclusive Prosperity Capital | Inclusive Prosperity Capital, Inc. (“IPC”) is a not-for-profit investment fund scaling clean energy financing solutions that channels investment capital to program partners in communities that need it most. As a spin-out and strategic partner of the Connecticut Green Bank, IPC is focused on scaling its work in Connecticut and expanding itssuccessful model nationwide by accessing mission-driven capital and partnerships. IPC operates at the intersection of community development, clean energy finance, and climate impact. We believe everyone should have access to the benefits of clean energy, helping to deliver Inclusive Prosperity. | $13M | Grant | Apr 29, 2022 |  |
| Boston Farms Community Land Trust | Boston Farms Community Land Trust turns vacant urban land into collective opportunity, supporting neighborhood farmers to grow the food that sustains us. |  | Grant | Mar 23, 2022 |  |
| Project New Village | Project New Village is a community hub for collaborative efforts to increase social wellness. |  | Grant | Mar 23, 2022 |  |
| Oakland Bloom | Oakland Bloom is a 501c3 nonprofit that supports poor-and-working class immigrant, refugee, and BIPOC chefs to start their own food businesses through its flagship business training and incubator program, the Open Test Kitchen. |  | Grant | Mar 23, 2022 |  |
| Dreaming Out Loud | Dreaming Out Loud is rebuilding urban, community-based food systems through cooperative social enterprise. |  | Grant | Mar 23, 2022 |  |
| Fresh Future Farm | We plan to use available land in a North Charleston food desert to sell groceries, grow organic retail and U-pick produce, host farm tours, raise worms and fish, harvest honey and mushrooms and produce healthy soil and healthy food in a manner that creates community and job opportunities to get capital flowing again within the Charleston Heightscommunity. |  | Grant | Mar 23, 2022 |  |
| Black Food Sovereignty Coalition | Black Food Sovereignty Coalition is a member-based organization working in solidarity with Black, Indigenous, and POC (BIPOC) growers, policy makers, advocates, and educators to stabilize food systems infrastructure for marginalized communities. |  | Grant | Mar 23, 2022 |  |
| Detroit Black Community Food Security Network | Detroit Black Community Food Security Network address food insecurity in Detroit’s Black community and to organize members of that community to play a more active leadership role in the local food security movement. |  | Grant | Mar 23, 2022 |  |
| El Departamento de la Comida | El Departamento de la Comida is a non-profit collective that acts as an alternative agency in support of small-scaled, decentralized, local food projects. |  | Grant | Mar 23, 2022 |  |
| PosiGen | PosiGen is a provider of residential renewable energy and energy efficiency solutions. We are a Third Party Ownership company (TPO), which allows us to offer renewable energy systems and energy efficiency retrofits to the people who need it most: Low- to moderate-income homeowners. Our mission is to help these low- to moderate-income individuals,families, and businesses achieve greater fiscal autonomy and energy independence by lowering their utility bills.At its core, PosiGen is a young social enterprise with an enormous ambition: To increase the financial autonomy of low- to moderate-income homeowners nationwide, by decreasing their dependence on utility-provided energy. | $100M | Venture - Series Unknown | Jan 05, 2022 |  |

10 of 46 investments shown.

## Co-investors
- [Lux Capital](https://shizune.co/investors/profile/lux-capital) — VC Fund, 4 deals together
- [Madrona](https://shizune.co/investors/profile/madrona-venture-group) — VC Fund, 2 deals together
- [OUP (Osage University Partners)](https://shizune.co/investors/profile/osage-university-partners) — VC Fund, 2 deals together
- [SJF Ventures](https://shizune.co/investors/profile/sjf-ventures) — VC Fund, 2 deals together
- [Vulcan Capital](https://shizune.co/investors/profile/vulcan-capital) — VC Fund, 2 deals together
- Activate Capital — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Scottish Enterprise](https://shizune.co/investors/profile/scottish-enterprise) — VC Fund
- [Foundation for Innovation and Technology (FIT)](https://shizune.co/investors/profile/foundation-pour-l-innovation-technologique) — VC Fund
- [Innovate UK](https://shizune.co/investors/profile/innovate-u-k-) — VC Fund

## FAQ

### What does Kresge Foundation invest in?

Kresge Foundation invests primarily in Communities, Non Profit and Social startups, most often at Grant and Series B stage. Most of the 46 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Kresge Foundation?

Public channels for Kresge Foundation include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Kresge Foundation?

The team at Kresge Foundation includes Benjamin Kennedy (Program Officer), Rip Rapson (President and CEO) and John Barker (Managing Director), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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