https://en.wikipedia.org/wiki/S._S._Kresge

Not seeing anything that makes me think there's a direct correlation between Agust Kreis III & S.S. Kresge

However, there's some weirdness surrounding his business ventures and his being a prohibitionist... seems to be a slight conflict of interest there in contrast to "promote the well-being of mankind.", given the result of the prohibition period.

Kresge and his family were members of Detroit's North Methodist Episcopal Church.[4] He held membership in organizations including four Masonic lodges and the Ancient Arabic Order of the Nobles of the Mystic Shrine, the Young Men's Christian Association, the Detroit Athletic, Boat, and Golf Clubs, Rotary, and various commercial and automobiling societies.

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In 1924 Kresge established The Kresge Foundation, a non-profit organization whose income he specified simply "to promote the well-being of mankind." By the time of his death, Kresge had given the foundation over $60,000,000.[7] A strongly committed prohibitionist, he organized the National Vigilance Committee for Prohibition enforcement and also heavily supported the Anti-Saloon League financially, though he later stopped contributions.[8]