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.
Kresge College of Loneliness"; John Grinder, co-founder of Neuro-linguistic programming and co-author of ""; and William Everson, one of the Beat poets. Distinguished graduates from the early days of Kresge College include Doug Foster, who went on to become editor of Mother Jones magazine, and Richard Bandler, who co-founded Neuro-Linguistic Programming (NLP) with John Grinder. The architecture of Kresge College is designed to resemble a residential area in Tuscany, and includes a piazzetta next to the college office and mail room. In the early days, Kresge had a threefold focus: Humanistic psychology, Women's Studies and Environmental Studies. The best history of the