KRESGE AIDS CHARITY BY $23,000,000 GIFT; Announces Huge Addition to $2,000,000 Fund, Itself Never Made Public. FOR WIDE WELFARE WORK Foundation to Get 500,000 Shares of Stock -- Bond Issue Novel Feature of Plans. KRESGE AIDS CHARITY BY $23,000,000 GIFT
Gives $23,000,000 to Kresge Foundation, established in 1924 but not announced; to be devoted to philanthropic work