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Displaying items tagged: Kalamazoo Foundation for Excellence

Thursday, 20 October 2022 15:26

Kalamazoo Foundation for Excellence endowment confronts inflation, stimulus funding

KALAMAZOO — The Kalamazoo Foundation for Excellence plans to cut spending on annual “aspirational” projects by more than half in 2023 to protect the endowment from economic headwinds and allow the city’s federal stimulus funding to potentially fill in gaps.

Published in Nonprofits
Wednesday, 28 July 2021 15:30

Kalamazoo Foundation for Excellence receives ‘transformational’ $400M donation

KALAMAZOO — City officials announced today that the Kalamazoo Foundation for Excellence has received an anonymous $400 million donation to support the nonprofit’s mission to continue providing key city services without increasing local taxes.

Published in Nonprofits