Informant38

The Kresge Foundation -- History Sebastian Kresge's instructions to the incorporating Trustees were set forth in brief terms. The Foundation's income was to be used "to promote the well-being of mankind." The Foundation's early recipient institutions were located primarily in the northeastern quarter of the United States, because the initial Trustees felt it was appropriate to support institutions which were situated in the region where the S.S. Kresge Company had flourished. It is important to emphasize, however, that this is no longer the case and that the Foundation is not affiliated or associated with the former S.S. Kresge Company, now known as the Kmart Corporation, or any other corporation.

{Kresge buildings on somany campuses. I sought and found the reason why. and here it is.}