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Ewing Marion Kauffman Foundation

Profile

Last Updated: 2015-12-17

At A Glance

Ewing Marion Kauffman Foundation

4801 Rockhill Rd.

Kansas City, MO United States 64110-2046

Telephone: (816) 932-1000

URL: www.kauffman.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $2,143,464,000

Total giving: $71,555,000

EIN

436064859

BRIDGE Number

4744606580

Background

Established in 1966 in MO - The foundation was established in the mid-1960s by Kansas City entrepreneur, baseball team owner, and philanthropist Ewing Marion Kauffman. Ewing Kauffman's personal wealth provided the asset base for the foundation during his lifetime. The foundation has an asset base of over $1.7 billion

Purpose and Activities

The foundation's mission is to help individuals attain economic independence by advancing educational achievement and entrepreneurial success, consistent with the aspirations of its founder Ewing Marion Kauffman. To fulfill the mission, the foundation: 1) Identifies opportunities where application of the foundation's people, ideas, and capital can benefit society in significant and measurable ways; 2) Develops innovative, research-based programs leading to practical, sustainable solutions that are widely accepted and implemented; 3) Treats the Kansas City region as a program incubator where feasible, in which new approaches can be tried and tested before being disseminated nationally; and 4) Partners with others to leverage its resources and capabilities while avoiding the creation of dependency.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

After-school and Summer Enrichment Programs

The foundation awards small grants of up to $50,000 for nonprofit organizations offering sustainable after-school and summer enrichment programs for young people, with an emphasis on Kansas City's urban core.

Education

The foundation focuses on K-12 education to help underserved urban students achieve success. The foundation invests in initiatives that ready students for careers based in science, technology, engineering, and math.

Entrepreneurship

The foundation works to advance entrepreneurship education and training efforts, to promote startup-friendly policies, and to understand what new firms need to start and grow.

Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship

The prize was established to inspire promising young scholars to contribute new insight into the field of entrepreneurship. The Medal, which includes a $50,000 prize, is awarded annually to one scholar under age 40 whose research has made a significant contribution to the literature in entrepreneurship.

Ewing Marion Kauffman School

The mission of the Kauffman School is to prepare students to excel academically, graduate from college, and apply their unique talents in the world to create economically independent and personally fulfilling lives. The school is free and open to all students living within the boundaries of the Kansas City, Missouri School District who are entering fifth grade. Please call the school with any questions regarding enrollment or your enrollment paperwork, tel.: (816) 268-5660. For more information see web site: http://www.kauffmanschool.org/ .

Grants to Individuals Program

Fellowships to Ph.D. students who are completing a dissertation relating to entrepreneurship. Awards also for research in entrepreneurship.

Junior Faculty Fellowship in Entrepreneurship Research

The Kauffman Foundation will award up to five Junior Faculty Fellowship grants to junior faculty members whose research has the potential to make significant contributions to the body of literature about entrepreneurship. Each fellow's university will receive a grant of $35,000 over two years to support the research activities of the fellow. Nominees must be tenured or tenure-track junior faculty members at accredited U.S. institutions of higher education who received a Ph.D. or equivalent doctoral degree.

Kauffman Fellowship

The fellowship is a two-year program dedicated exclusively to the world of innovation investing. While working full-time at an investment organization (including venture, angel, accelerators, policy, corporate, and impact), fellows receive a structured curriculum with an individual development plan, executive coaching, facilitated mentoring, and peer learning and networking – all with a focus on giving back and on one’s responsibility as an emerging leader in the industry. Fellows are selected from two pools of candidates: those who are looking to enter the venture capital industry (who apply via the Finalist selection process), and those who are currently employed in the industry (who apply via the Affiliate selection process). Both groups complete an online application, provide professional references, and go through an interview process. Tuition for the 24-month program is $72,500, payable by the sponsoring firm at program orientation. The program receives several hundred applications each year and selects approximately 35 individuals for each class. See foundation web site for a list of some of the participating global venture firms, detailed information on the program and detailed information on each application process.

Program-Related Investment

The foundation has made PRIs in the form of loans and leases to local organizations for community development, and a line of credit to an organization to support the development of charter schools.

Fields of Interest

Subjects
  • Business promotion
  • Community and economic development
  • Education
  • Elementary and secondary education
  • Entrepreneurship
  • Mathematics
  • Out-of-school learning
  • Science
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $2,143,464,000 (market value)

Expenditures: $118,265,000

Total giving: $71,555,000

Qualifying distributions: $71,555,000

Giving activities include:

$71,555,000 for grants