Ewing Marion Kauffman Foundation

Ewing Marion Kauffman Foundation
Founded1966
FounderEwing Marion Kauffman
FocusEntrepreneurship and education
Location
MethodResearch and grant making
Key people
DeAngela Burns-Wallace, President and CEO[1]
Revenue (2022)
$112,688,316[2]
Expenses (2022)$192,849,743[2]
EndowmentUS$2.7 billion
Employees
85[3]
Websitehttps://www.kauffman.org/

The Ewing Marion Kauffman Foundation (Kauffman Foundation) is a registered 501(c)(3) nonprofit, private foundation based in Kansas City, Missouri.[4] 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.

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.”[5]

  1. ^ "DeAngela Burns-Wallace: President and CEO". Ewing Marion Kauffman Foundation. Retrieved 17 January 2024.
  2. ^ a b "Ewing Marion Kauffman Foundation". ProPublica. Retrieved 17 January 2024.
  3. ^ "Ewing Marion Kauffman Foundation Profile". LexisNexis Academic (database). 2014. Retrieved 2014-01-09.
  4. ^ "Kauffman Foundation Grantmaker Record". Foundation Center Directory Online. 2013. Retrieved 2014-01-09.
  5. ^ "As venture firms struggle with diversity, the Kauffman Fellows program is grooming candidates to help". TechCrunch. 16 June 2020. Retrieved 2022-03-24.