Ewing Marion Kauffman Foundation

The Ewing Marion Kauffman Foundation (Kauffman Foundation) is a registered 501(c)(3) nonprofit, private foundation based in Kansas City, Missouri. It was founded in 1966 by Ewing Marion Kauffman, who had previously founded the drug company Marion Laboratories. The Kauffman Foundation works with communities to build and support programs that boost entrepreneurship, improve education, and contribute to the vibrancy of Kansas City.

Ewing Marion Kauffman Foundation
Founded1966
FounderEwing Marion Kauffman
FocusEntrepreneurship and education
Location
MethodResearch and grant making
Key people
DeAngela Burns-Wallace, President and CEO
Revenue (2022)
$112,688,316
Expenses (2022)$192,849,743
EndowmentUS$2.7 billion
Employees
85
Websitehttps://www.kauffman.org/

The Kauffman Fellows Program, known for supporting diversity in the field of venture capital, originated from the Kauffman Foundation. In a statement quoted by TechCrunch, fellows said that they “have measured the importance of a trusted diverse network and how it impacts the success and longevity of the best investors in the industry. Research has shown that Kauffman Fellows not only have larger returns than the industry average, but they stay in the industry 15+ years post-fellowship, which is 2X the minimum number of years it takes to recognize success in venture capital.”

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.