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 Kresge College Kresge College is one of the residential colleges that make up the University of California, Santa Cruz. Founded in 1971, Kresge is located on the western edge of the UCSC campus. Kresge is the sixth of ten colleges at UCSC, and originally one of the most experimental. The first provost of Kresge, Bob Edgar, had been strongly influenced by his experience in T-groups run by NTL Institute. He asked a T-group facilitator, psychologist Michael Kahn, to help him start the college. When they arrived at UCSC, they taught a course, Creating Kresge College, in which they and the