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Topic: Sebastian S Kresge


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In the News (Mon 28 Dec 09)

  
  Sebastian S. Kresge   (Site not responding. Last check: 2007-10-13)
Sebastian Spering Kresge (July 31, 1867-October 18, 1966), American merchant and philanthropist, was the founder of the S.S. Kresge Company, now known as Kmart Corporation.
Born in Bald Mount, Pennsylvania, Kresge founded his company in 1899 with an $8,000 investment in two five-and-ten-cent stores, one in downtown Detroit, Michigan.
In 1924, Kresge established the Kresge Foundation, a non-profit organization whose income he specified simply "to promote the well-being of mankind." By the time of his death, Kresge had given the foundation over $60 million.
www.wikimoz.org /wiki/en/wikipedia/s/se/sebastian_s__kresge.html   (139 words)

  
 Learning to Give - The Kresge Foundation
Sebastian Spering Kresge was born July 31, 1867, in Bald Mount, Pennsylvania, to Sebastian and Catherine (Kunkle) Kresge.
Sebastian felt it was his duty to give back to society a large portion of the money acquired from that society.
Bruce A. Kresge, grandson of the founder, is the current chairman of the board and his daughter, Deborah McDowell, was elected a board member in 1999.
www.learningtogive.com /materials/foundations/kresge.asp   (716 words)

  
 Stanley S. Kresge   (Site not responding. Last check: 2007-10-13)
Kresge gained enormous wealth from his marketing success and chose to share it by establishing a charitable foundation, primarily for higher education, that became the repository for much of his estate.
Kresge's son, Stanley S. Kresge, became a trustee of the Kresge Foundation and made it his personal life's goal to see that the wishes of his father were fulfilled in the administration of the foundation's largess.
Sebastian S. Kresge was included as one of the six heroic-sized figures in the Hall of Giants.
www.oc.edu /ochistory/view.asp?ID=Stanley_S._Kresge   (363 words)

  
 PND - - On the Web - Kresge Foundation
Sebastian Kresge's instructions to the incorporating trustees were set forth in brief terms.
Sebastian S. Kresge established the S.S. Kresge Company in 1899 with $8,000 and half ownership of two five and ten cent stores.
A strong religious upbringing made Sebastian Kresge a thrifty and caring individual with an increasing sense of responsibility to return to society a major portion of his already sizeable wealth.
www.foundationcenter.org /pnd/ontheweb/otw.jhtml?id=2000046   (459 words)

  
 Alaska Native Heritage Center
Kresge established the foundation in 1924 while he was chief executive of S. Kresge Company, known today as the Kmart Corporation.
According to Kresge, this presents an opportunity to build institutional capacity by helping an organization broaden and deepen its base of support from the private sector and by encouraging volunteer involvement in a fundraising effort.
The deadline for the Kresge challenge is Aug. 31, 2001.
www.alaskanative.net /18.asp?id=111&x=18   (611 words)

  
 Kresge Foundation - HighBeam Encyclopedia   (Site not responding. Last check: 2007-10-13)
Kresge Foundation, fund established (1924) by retail chain store owner Sebastian S. Kresge (1867-1966) as a broad-purpose philanthropic institution.
Kresge Foundation puts more than $12M behind push for sustainable design.
YMCAs Receive Major Kresge Foundation Grant for Mexico; $5,000,000 Award to YMCA of the USA Will Advance Resource Development in Mexico.
www.encyclopedia.com /doc/1E1-kresgef1o.html   (303 words)

  
 Sebastian S. Kresge   (Site not responding. Last check: 2007-10-13)
Sebastian Spering Kresge (July 31, 1867 – October 18, 1966), American merchant and philanthropist, was the founder of the The S. Kresge Company (later K-Mart), now known as the Sears Holdings Corporation.
During World War I, Kresge experimented with raising the limit on prices in his stores to $1.
Kresge Corporation changed its name to Kmart Corporation.
www.tocatch.info /en/Sebastian_S._Kresge.htm   (197 words)

  
 The Kresge Foundation Makes $500,000 Challenge Grant to University of Richmond's Science Initiative
The Kresge Foundation has awarded a $500,000 challenge grant to the University of Richmond for the purchase, maintenance and future upgrading of scientific equipment.
Half of the grant from the Troy, Mich.-based foundation would be used to purchase new research and teaching equipment for the Gottwald Science Center, which houses the university's biology, chemistry, environmental science and physics departments.
Kresge grant recipients are required to raise initial funds toward their projects before requesting the foundation's assistance.
oncampus.richmond.edu /news/press/may04/Kresge.html   (286 words)

  
 Muskingum College: Advancement
Kresge also founded the S.S. Kresge Company, now known as Kmart, the Foundation is not affiliated or associated with that or any other corporation.
To meet the terms of the Kresge challenge grant, the College plans to approach alumni and other friends of Muskingum and request new and increased gifts to the College in support of its comprehensive campaign and its goal of $55 million.
All new and increased gifts and pledges to the campaign will count toward meeting The Kresge Foundation challenge and may be made in support of the facilities component of the campaign or in support of the campaign’s endowment and operating support components.
www.muskingum.edu /home/advancement/news.html   (447 words)

  
 Kregse Auditorium   (Site not responding. Last check: 2007-10-13)
Kresge Auditorium is one of the few buildings on campus which is called by the name of its benefactor rather than a number.
Yet Kresge is not a recognizable figure in the pantheon of MIT lore.
Sebastian S. Kresge (1867-1966) opened a small shop in Detroit in 1896 which promised to sell nothing for more than ten cents.
www-tech.mit.edu /V119/N69/kresge.69f.html   (229 words)

  
 Oddio Overplay - S.S. Kresge Company
"Sebastian Spering Kresge worked as a traveling tinware salesman (1890-97) before opening the first of his discount retail stores whose merchandise was all priced at less than a dime.
By the mid-1920s, the S.S. Kresge Company was opening locations that sold items for $1 or less, a precursor to the current discount store.
"Kresge [was] a thrifty and caring individual with an increasing sense of responsibility to return to society a major portion of his already sizeable wealth.
www.oddiooverplay.com /ears/kresge.html   (362 words)

  
 PR
The Kresge Foundation is one of the most respected foundations in the world," said Dennis H. Collette, President and CEO of Newton Memorial Hospital.
We are grateful to The Kresge Foundation for the approval of this challenge grant and its confidence in the Hospital as well as the Foundation," concluded Liegner.
Inasmuch as The Kresge Foundation awards grants towards construction and renovation projects, earlier this year Capital Campaign co-chairmen, Gregory Murphy and Stanley Koza accompanied by Foundation staff on a visit to The Kresge Foundation located in Troy, Michigan.
www.nmhnj.org /comm_resources/News-KresgeFoundation.htm   (521 words)

  
 Coker College Kresge Foundation Grant   (Site not responding. Last check: 2007-10-13)
Hartsville, SC — The Kresge Foundation has awarded Coker College a $500,000 challenge grant to be used toward the construction and equipping of its new library and information technology center.
Ground-breaking for the 40,000 square-foot center, which is to be named for Charles W. and Joan S. Coker, is planned for April and the facility is expected to open in late 2006.
The Kresge Foundation grant is made on a challenge basis to assist Coker College in raising the remaining $1.12 million required to complete the new library project.
www.coker.edu /news/Kresge.htm   (387 words)

  
 News and Calendars
The Kresge grant, designated for the $4.26 million expansion of Eastern University's existing library into the Center for Information and Technology, requires the University to raise the the $2,050,721 balance required to complete the expansion campaign by December 2003.
The Kresge Foundation is an independent, private foundation located in Troy, Michigan, and created by the personal gifts of Sebastian S. Kresge.
Kresge awards grants to institutions operating in the areas of higher education, health and long-term care, arts and humanities, human services, science and the environment, and public affairs.
www.eastern.edu /news/releases/02_releases/kresge_1002.html   (287 words)

  
 [No title]
The University recently announced plans to begin construction this spring on the project, which involves the renovation of the existing soccer and lacrosse field (Al-Marzook Field), the relocation and construction of a softball field, and the construction of a baseball field.
Kresge Foundation grants are made toward projects involving construction or renovation of facilities and the purchase of major capital equipment or real estate.
John E. Marshall, III, president and CEO of The Kresge Foundation, said, “In this cycle of grantmaking, our trustees were pleased to support a range of organizations reflecting almost the entire breadth of the nonprofit sector.
www.hartford.edu /daily/print.asp?id=310   (372 words)

  
 KresgeGrant   (Site not responding. Last check: 2007-10-13)
The Kresge Foundation affirmed the award in a letter to Reverend Edward Glynn, SJ, president of John Carroll University, on March 1, 2004.
In September of 2002, The Kresge Foundation awarded the grant challenging the university to raise the remainder of the funds needed to build the Dolan Center.
The Kresge Foundation is an independent, private foundation in Troy, Michigan, created by the personal gifts of Sebastian S. Kresge.
www.jcu.edu /pubaff/newsreleases/KresgeGrant.htm   (389 words)

  
 S. S. Kresge — Infoplease.com
With a newly minted business degree in hand, Kresge worked as a traveling tinware salesman (1890–97) before opening the first of his discount retail stores whose merchandise was all priced at less than a dime.
He formed the Kresge Foundation (1924) to help support existing organizations through grants to improve or rebuild their infrastructure and capital equipment.
Kresge, S. - Kresge, S. merchant Birthplace: Bald Mount, Pa. Born: 1867 Died: 1966 Information Please®...
www.infoplease.com /ipa/A0771958.html   (331 words)

  
 [No title]   (Site not responding. Last check: 2007-10-13)
The Kresge Foundation awards grants to institutions operating in the areas of arts and humanities, health and long-term care, higher education, human services, public affairs, science and the environment.
The Kresge Foundation’s core grant making activity is Capital Challenge Grants; Children’s Hospital had gathered $69 million in commitments toward their new initiatives before requesting this support.
John E. Marshall, III, president and CEO of The Kresge Foundation, indicated, “In this cycle of grantmaking, our Trustees were pleased to support a range of organizations reflecting almost the entire breadth of the nonprofit sector.
www.stlouischildrens.org /desktopmodules/engage.dnn.ams/printerfriendly.aspx?ItemId=4037&PortalId=0   (620 words)

  
 Search: Sebastian Kresge
Sebastian Kresge was the Foundation?s Chairman of the...
Stanley Sebastian Kresge, son of Sebastian Spering Kresge, founder of the S.S. Kresge Company, later known as the K-Mart Corporation, was born on June 11,...
By the time of his death, at the age of 99 in 1966, Sebastian Kresge...
www.classifieds2000.com /webmkt.cls2k/search/web/Sebastian%2BKresge/-/-/1/-/-/-/1/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/302349/right   (270 words)

  
 The Kresge Foundation Challenge Grant | Frazier Rehab Institute | Care Centers | Jewish Hospital & St Mary's HealthCare   (Site not responding. Last check: 2007-10-13)
The Kresge Foundation’s philosophy is that their grant award is designed to help us expand our base of new and previous donors who will continue to support Frazier in the future.
A Kresge Foundation grant award of $1.5 million is significant (the average grant in 2003 was $758,000) and is, in effect, The Kresge Foundation’s sign of approval of our organization, our fundraising campaign and of the urgent need to supply 21st century rehab services to our community.
This Kresge Foundation grant award is the largest Kresge Foundation health care challenge grant made during the current quarterly cycle.
www.jhhs.org /carecenters/re_kresge.html   (501 words)

  
 The Kresge Foundation's Grant to the Vatican Observatory Foundation
The Kresge Foundation, an independent, private foundation created by the personal gifts of Sebastian S. Kresge, awarded a Science Initiative Grant of $500,000 to the Vatican Observatory Foundation (VOF).
The grant, awarded on 9 December 1998, was for the purchase and installation of new equipment designed to stabilize and upgrade the Vatican Advanced Technology Telescope (VATT) and for an increase in the endowment of the VOF for the maintenance and operation of the VATT in perpetuity.
The Kresge Foundation wishes specifically to sustain activities that have already demonstrated their effectiveness and where the grant recipients have already raised initial funds before submitting a proposal to The Kresge Foundation.
clavius.as.arizona.edu /vo/R1024/Kresge.html   (366 words)

  
 News
A Kresge challenge grant is one of the most coveted grants in fundraising.
The Kresge grant is made under their Bricks and Mortar Program “to help build facilities and to challenge private giving.” The Kresge Foundation works to foster trust, motivate leadership, seek out potential, and mobilize for action.
Kresge grants are made to institutions operating in the areas of higher education, health and long-term care, arts and the humanities, human services, science and the environment, and public affairs.
www.jordan.org /body.cfm?id=10&action=detail&ref=147   (558 words)

  
 @NU - Your Online Connection to Norwich University
The Kresge Foundation in October 2006 awarded a $500,000 challenge grant to support construction of the Wise Campus Center.
It was established in 1924 by Sebastian S. Kresge, founder of the S.S. Kresge department stores, which later became Kmart.
Its principal mission “is to strengthen nonprofit organizations that advance the well-being of humanity.” The Kresge Foundation does this primarily by awarding challenge grants to strengthen the institutional capacity of universities, colleges, hospitals, museums, human service agencies, and other nonprofit organizations.
www.norwich.edu /alumni/newsletter/archive/kresgeIndex.html   (1376 words)

  
 Dartmouth Life - Kresge Foundation Gives Grant for Kemeny Hall
Funding of Kemeny Hall received a boost last month thanks to a $1 million challenge grant from the Kresge Foundation, an independent, private foundation created by the personal gifts of Sebastian S. Kresge.
Kemeny joined Dartmouth's faculty in 1953, was named chair of the math department two years later, and served as the College's president from 1970 to 1981.
The Kresge Foundation grant is contingent on the College raising the remaining $11 million by April 2005.
www.dartmouth.edu /~dartlife/archives/14-2/kresge.html   (426 words)

  
 Law School Awarded Kresge Grant
To receive the grant, the University was required to raise more than $2 million from a cross-section of donors, including University friends, alumni, corporations and foundations.
This is the fifth Kresge Challenge Grant awarded to Saint Louis University and the second awarded to the School of Law.
The Kresge Foundation, located in Troy, Mich., is an independent, private foundation that was created in 1924 by Sebastian S. Kresge "to promote the well-being of mankind."
www.slu.edu /publications/gc/v4-8/news_13.shtml   (127 words)

  
 Boston.com / Business / A brief look at Kmart's history
S.S. Kresge Co. stores sold everything for 5 and 10 cents in a marketing strategy that helped turn the company into a multibillion-dollar discount chain.
Founder Sebastian S. Kresge died in 1966 at the age 99.
In 1972, the headquarters were moved from Detroit to the suburb of Troy.
www.boston.com /business/articles/2004/11/17/a_brief_look_at_kmarts_history   (248 words)

  
 Kresge Foundation awards Luther College $750,000 grant
President Torgerson said the Kresge Foundation challenge grant is a major step toward completion of the funding for the college's $13.15 million project, including $500,000 for endowment.
Based in Troy, Mich., the Kresge Foundation is an independent, private foundation created by the personal gifts of Sebastian S. Kresge.
John E. Marshall III, Kresge Foundation president, said the grant to Luther is one of 97 grants totaling $71.7 million the foundation has awarded in 2001.
www.luther.edu /headline/kresge.html   (324 words)

  
 Bates College | 11-05-97 BATES RECEIVES $1.2M KRESGE FOUNDATION GRANT
LEWISTON, Maine -- A $1.2 million Kresge Foundation challenge grant to Bates College will support the ongoing construction of the college's new academic building, scheduled for completion in the summer of 1999.
"The Kresge Foundation is a highly respected national foundation known for its rigorous assessment of grant proposals and its support of innovative capital projects," Harward said.
The Kresge Foundation, based in Troy, Mich., is an independent, private foundation created by the personal gifts of Sebastian S. Kresge and is not affiliated with any corporation or organization.
www.bates.edu /x2182.xml   (328 words)

  
 Kresge Foundation Grant
CLEVELAND, OH -- The Kresge Foundation of Troy, Michigan has awarded a $950,000 challenge grant to John Carroll University towards the construction of the Dolan Center for Science and Technology.
The Dolan Center is the major part of a $66.4 million project designed to enhance the stature and growth of science, mathematics and technology programs and facilities at John Carroll University.
The Kresge Foundation grant challenges the university to complete fundraising for the project through broad-based support from alumni and friends by January 1, 2004.
www.jcu.edu /pubaff/newsreleases/Kresge.htm   (563 words)

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