Kauffman Foundation revises funding priorities to three key areas, sharing first public details of its new strategic focus

April 30, 2024  |  Startland News Staff

Dr. DeAngela Burns-Wallace, Ewing Marion Kauffman Foundation, speaks during ESO Day at Plexpod Westport at Park 39 amid Global Entrepreneurship Week-Kansas City; photo by Tommy Felts, Startland News

A refreshed vision for the Ewing Marion Kauffman Foundation aims to make Kansas City a national model for equitable economic mobility, dismantling systemic barriers and setting generations of historically under-resourced communities on the path to prosperity, according to just-released details from the influential organization.

Updates to the Kauffman Foundation’s strategy come after the summer 2023 arrival of Dr. DeAngela Burns-Wallace, president and CEO; a slew of leadership changes; and interviews with hundreds of the foundation’s grantees and internal stakeholders, as well as civic leaders.

The goal: re-center the Kauffman Foundation’s future around the intent of its namesake, the iconic Kansas City entrepreneur Ewing Kauffman.

“True community planning is a collaborative effort, where the steps are guided by the rhythm of the community input, ensuring that each detail reflects the shared goals and challenges of the entire community,” said Burns-Wallace. “By using our collective wisdom, we can advance our shared commitments to inclusivity and sustainable progress.” 

Unveiling the Kauffman Foundation’s “Vision for 2035 and Refreshed Strategic Plan,” the organization’s future work will focus on fostering greater community transformation through:

  • College access and completion — equitable opportunities for all 
  • Workforce and career development — at every stage  
  • Entrepreneurship — supporting and sustaining business ownership

New grant funding from the organization has been paused amid the restructuring of the Kauffman Foundation and its strategic plan.

[Editor’s note: The Ewing Marion Kauffman Foundation is a financial supporter of Startland News’ nonprofit newsroom.]

The Foundation is expected to share more about partnership and funding opportunities — including specific types of initiatives and approaches helping to drive economic prosperity — in early fall 2024.  

Click here to learn more about the Kauffman Foundation’s new strategy and goals.

“Kauffman should and can be a convener; we need a really powerful champion,” said Nia Richardson, managing director of KC BizCare, as part of the community input portion of the Foundation’s process. “Kauffman has power to put pressure on these larger organizations to share the wealth.”

More than 50 national foundations, partners and Kansas City-based organizations were interviewed in individual and group listening sessions through the Foundation’s initiative to gather such insights about its potential place in the community.

“We heard their desires, needs and hopes for the Foundation’s role and designed our plan with their input,” the Kauffman Foundation said in a news release.

RELATED: How the Kauffman Foundation is tripling down on its KC-focused strategy with trio of high-profile hires

“For Kansas City to thrive, we must focus on economic development that doesn’t just create opportunities but makes them accessible to all – ensuring that prosperity is shared by everyone in our community,” said Tracey Lewis, president and CEO of the Economic Development Corporation of Kansas City, a key organization providing input as part of the refocused strategy.

“We’ll achieve this by collaborating among agencies, developing deliberate policies and inclusive strategies to uplift historically marginalized voices and addressing systemic barriers to prosperity,” he continued.

Click here to learn more about the legacy of Ewing Kauffman.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2024 Startups to Watch

    stats here

    Related Posts on Startland News

    Profit and purpose: Innovators share 5 social entrepreneurship lessons

    By Tommy Felts | March 3, 2017

    It’s been said that the best things in life are free. But what social entrepreneurs know well, is that it’s not that simple — nearly everything in life comes at a cost, including the positive impact they’re trying to make. And at Thursday’s Conquer for Good conference, a variety of innovators shared how they’re working…

    KC tech innovators deliver mindset and personal development advice

    By Tommy Felts | March 2, 2017

    For many, starting a business may sound like the dream — being your own boss, making your own rules and devising your own schedule. But the reality is that the entrepreneurial life isn’t all sunshine and roses. Like most good things in life, it comes with risk and challenges. And on Wednesday a panel of…

    Darcy Howe’s hustle grows, guides KCRise Fund in first year

    By Tommy Felts | March 2, 2017

    Kansas City may not realize its good fortune with the tenacious manager of a relatively new fund that’s investing in early-stage firms. Self-described as a builder that’s competitive and impatient, Darcy Howe is weaving her years of determined leadership into the KCRise Fund, which just wrapped up its first year with $14 million in the…

    Deadlines approach for BetaBlox, EY awards; LaunchKC opening soon

    By Tommy Felts | February 28, 2017

    Kansas City abounds with growth opportunities for startups and entrepreneurs — sometimes the trick is just finding them. To that end, here are a variety of opportunities for founders and supporters of Kansas City’s entrepreneurial ecosystem whose deadlines are approaching. Thanks to our friends at KCSourceLink for aggregating these opportunities! BetaBlox Deadline: March 1 Kansas City-based accelerator…