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

Foundations can not only target their grant making to more strategic objectives, they can also make below-market loans, invest their endowments in market-rate ventures, deposit funds in community financial institutions, guarantee loans or provide other forms of credit enhancement, he said.

The road to foundations’ roles in re-stabilizing local economies is there to be taken, Rapson said.