Kimberlee Cornett is Director of the Social Investment Practice at the Kresge Foundation, a national foundation based in Troy, Michigan. At the Foundation, she is responsible for Kresge’s $350 million fund for impact investing that makes program related and market rate investments. Kimberlee’s work encompasses all aspects of social investing, including development of investment strategies, underwriting, risk and portfolio management. She has been the architect of numerous innovative financing vehicles that use debt, equity and guarantees to create sustainable, social change.
Before joining Kresge in 2010, Kimberlee spent more than a decade in both nonprofit and private-sector organizations working to improve housing and economic conditions in low-income communities. Kimberlee was Vice President of National Equity Initiatives at Enterprise Community Investment where held leadership roles in investment management and with business development efforts for the company’s debt and equity products. Earlier in her career, Kimberlee was the founding executive director of a Habitat for Humanity affiliate in Virginia and worked at a shelter for homeless women and children in Washington, D.C. She was appointed a White House Fellow by President Clinton and served at the executive level of the Small Business Administration.
Kimberlee is a Director on the Boards of Habitat for Humanity International, The Conservation Fund and PetSmart Charities. She serves as a Commissioner for the City of Annapolis Housing Authority, which oversees public housing in her hometown. Kimberlee is a graduate of Hood College.