Ewing Marion Kauffman Foundation

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Ewing Marion Kauffman Foundation
Ewing Marion Kauffman Foundation logo.jpg
Founded 1966
Founder Ewing Marion Kauffman
Focus Entrepreneurship and education
Location
Method Research and grant making
Key people
Wendy Guillies, President and CEO
Revenue (2014)
$154,833,690[1]
Expenses (2014) $119,188,682[1]
Endowment US$2.0 billion
Employees
85[2]
Website kauffman.org

The Ewing Marion Kauffman Foundation (sometimes simply called Kauffman Foundation) is a registered 501(c)(3) non-profit, private foundation[3] based in Kansas City, Missouri. The foundation was founded in 1966 by Ewing Marion Kauffman, who had previously founded the drug company Marion Laboratories. The Kauffman Foundation focuses on projects that encourage entrepreneurship, support education, and contribute to Kansas City civic life.

Overview[edit]

The Kauffman Foundation's vision is to foster "a society of economically independent individuals who are engaged citizens, contributing to the improvement of their communities".[4] Its grant making and research activities are focused on advancing entrepreneurship[5], improving the education of children and youth[6], and supporting civic development in Kansas City[7].[8]

The Kauffman Foundation has an asset base of around $2 billion[3][4] and distributed over $17 million in grants in 2013[3].

Carl Schramm served as president of the foundation from 2002 to 2011.

Activities[edit]

In addition to awarding grants, the Kauffman Foundation supports a number of ongoing programs, some of which are summarized below.

The foundation's major entrepreneurship education programs include FastTrac, a network of affiliated non-profit and for-profit organizations that offer guidance for aspiring and existing entrepreneurs; Kauffman Entrepreneurs, a resources site for developing ideas and setting up new businesses; and Global Entrepreneurship Week, a series of events every November designed to encourage entrepreneurship among young people.

The foundation also supports new business creation in the U.S. through two research programs. The annual Kauffman Index of Entrepreneurship series measures and interprets indicators of entrepreneurial activity in the U.S. at the national, state and (selective) metropolitan level. The foundation also contributes to the cost of the Annual Survey of Entrepreneurs (ASE), which is a public-private partnership between the foundation, the U.S. Census Bureau, and the Minority Business Development Agency (MBDA) within the U.S. Department of Commerce.[9]

In 2011, the Kauffman Foundation opened the Ewing Marion Kauffman School, which is a college preparatory public charter school for 5th through 8th graders in the Kansas City Public Schools district.[10] Kauffman Scholars, Inc., founded in 2003, is another educational program supported by the Kauffman Foundation. Kauffman Scholars, Inc. is a multi-year college access and scholarship program intended to help low-income urban students in Kansas City.[11]

References[edit]

  1. ^ a b "Ewing Marion Kauffman Foundation" (PDF). Foundation Center. Retrieved 11 July 2017. 
  2. ^ "Ewing Marion Kauffman Foundation Profile". LexisNexis Academic (database). 2014. Retrieved 2014-01-09. 
  3. ^ a b c "Kauffman Foundation Grantmaker Record". Foundation Center Directory Online. 2013. Retrieved 2014-01-09. 
  4. ^ a b "Foundation Overview". 
  5. ^ "What We Do: Entrepreneurship Programs and Initiatives". Ewing Marion Kauffman Foundation. Retrieved 1 August 2017. 
  6. ^ "What We Do: Education Programs and Initiatives". Ewing Marion Kauffman Foundation. Retrieved 1 August 2017. 
  7. ^ "What We Do: Kansas City Programs and Initiatives". Ewing Marion Kauffman Foundation. Retrieved 1 August 2017. 
  8. ^ "Grants List". Ewing Marion Kauffman Foundation. Retrieved 1 August 2017. 
  9. ^ "About the Survey". U.S. Census Bureau. Retrieved 1 August 2017. 
  10. ^ "Our Purpose". Ewing Marion Kauffman School. Retrieved 1 August 2017. 
  11. ^ "About Us". Kauffman Scholars, Inc. Retrieved 1 August 2017.