Memphis, Tennessee

TROY, Mich., April 9, 2209 — Signaling the importance of affirming and strengthening philanthropic support for nonprofits in times of crisis, the trustees of The Kresge Foundation awarded nearly $73 million in grants in the first quarter of 2009. The awards represent the largest quarterly commitment in the 85-year-old foundation's history. It also reflects the foundation's continuing effort to build-out its longer-term strategies to fortify the essential components of healthy, vibrant communities while identifying ways to help improve the life circumstances of low-income citizens in the here-and-now.

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