The Kresge Foundation known as The Detroit Future City plan. Since July 1, 2006, the foundation has been led by Rip Rapson, formerly of the McKnight Foundation. He succeeded John Marshall III as president and CEO. In 1924, with an initial gift of $1.6 million, Sebastian Kresge established The Kresge Foundation in Detroit. Twelve years earlier, he and partner John G. McCrory opened the first 5-and-10-cent store, and parlayed the concept and operations into a chain of stores that were incorporated as the S.S. Kresge Company. Many years later the enterprise became known as Kmart. The foundation and the stores are not affiliated.
S. C. Johnson & Son S. C. Johnson & Son S. C. Johnson & Son, Inc. (commonly referred to as S. C. Johnson, previously S. C. Johnson Wax and Johnson Wax) is an American multinational privately held manufacturer of household cleaning supplies and other consumer chemicals based in Racine, Wisconsin. In 2017, S. C. Johnson employed approximately 13,000 and had estimated sales of $10 billion. The company is owned by the Johnson family. H. Fisk Johnson, Chairman and CEO since 2004, is the fifth generation of the Johnson family to lead the company. The company is one of the oldest family-owned businesses in the U.S,