Kresge Foundation grants $1.5M to Children's Museum

March 2, 2009
 A $1.5 million Kresge Foundation grant will help The Children's Museum of Indianapolis close in on its $74 million fund-raising goal.

"The Power of Children Campaign" was announced publicly last June, and has already collected $69 million in gifts and pledges.

The grant from Kresge, based in Troy, Mich., requires the museum to raise another $5 million by Dec. 31. The museum said it would use the grant toward its ongoing renovation and expansion.

Work started last year on a $15 million upgrade of the museum's Illinois Street entrance. Plans call for a new walkway over Illinois Street and an expanded entrance.

The Power of Children Campaign will pay for building expansion, exhibits and annual operating expenses.
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