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

“But at the same time, philanthropy has been accorded the enormous privilege of being able to sight on a more distant horizon line,” he said.

Rapson spoke at “Best Practices from the Best-managed Nonprofits: Surviving the Economic Tsunami, a half-day event sponsored by Crain’s Detroit Business, DTE Energy Foundation and Lawrence Technological University and presented by the Association of Fundraising Professionals, Greater Detroit Chapter, Detroit Executive Service Corp. and the LTU College of Management Center for Nonprofit Management.