Foundations Can Help Stabilize Cities, Kresge Foundation's Rapson Says

March 9, 2009, Crain's Detroit Business — Foundations can play several key roles in helping re-stabilize cities, said Rip Rapson, president of the Troy-based Kresge Foundation.

Every day in communities around the country, foundations provide grants to nonprofits working to feed hungry families, shelter domestic violence victims, provide job-training and provide other much-needed services, Rapson said.