Released 4 January 2010
The $30 million fundraising
campaign to build and sustain The Salvation Army Ray and Joan
Kroc Corps Community Center recently received a major boost (and a great
endorsement!) in the form of a $1 million challenge grant from the Kresge
To date, the campaign has raised just over $25.7 million. Kresge positions
its challenge grants so that they are the "last dollars in". This means when
our campaign reaches $29 million, we'll meet the Kresge Challenge.
There's an important stipulation, however: We must reach the $29
million benchmark by September 30, 2010; otherwise, Kresge will NOT contribute
its $1 million!
Based in Troy, Michigan, the Kresge Foundation was founded in 1924 by
Sebastian S. Kresge, whose chain of 5 & 10 stores became Kmart. Though the
Foundation has several giving programs, it continues to be known best for its
challenge grants. In addition to the dollars and fundraising leverage it
provides, a Kresge Challenge Grant is widely regarded as the ultimate "seal of
approval" on both charitable projects and the organizations behind them. This
is because the Foundation selects its awardees from among thousands of
applicants nationally, and only after subjecting each to tremendous scrutiny as
it attempts to single out the very best philanthropic investments.
The Foundation cited four key factors for choosing to issue its
- The Army's efficiency
- The Salvation Army Kroc Center's built-in plan for long-term
- The fact that we'll be providing access to life-changing resources and
opportunities to underserved neighborhoods
- The center's capacity to speed the economic revitalization of the
Want to help us meet the Kresge Challenge and take advantage of this
incredible funding opportunity? Please call 215.787.2826 or donate online by visiting SalvationArmyKrocCenter.org.
As always, thanks for your support!
Visit our online photo album to see even more pictures.
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