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

    Megan Darnell and Zach Anderson Pettet, Fountain City Fintech 2019 demo day, nbkc bank

    nbkc discontinues Fountain City Fintech as accelerator leader leaves for San Fran startup

    By Tommy Felts | March 19, 2020

    A trendsetter in the fintech space, nbkc bank confirmed Wednesday it was discontinuing its popular Fountain City Fintech accelerator after two cohorts. The news follows the departure of the accelerator’s leader, who has joined a San Francisco startup eying Kansas City for its next hiring hub. “This is the first time in my life that…

    Swap selfie for selfless: ‘afloat’ app allows users to send, receive care in times of need

    By Tommy Felts | March 18, 2020

    Community-centered social platforms have the power to encourage connection and leave users with good feelings, said Sarah-Allen Preston. But most social media falls short. “That [current] connection that we have so much of at our fingertips … it feels inauthentic and it makes us frazzled and it’s inhibiting our ability to actually connect with people.…

    Johnny Wolff, Homeroom

    $200K funding infusion helps Homeroom expand its ‘coliving’ footprint across KC, beyond

    By Tommy Felts | March 18, 2020

    Flexing a finalized $200,000 funding round, Prairie Village-based coliving startup Homeroom is poised to dominate the Midwestern half of an emerging industry, said Johnny Wolff. “I think in 2016 [coliving] was a little niche maybe, but it feels like the market is really emerging and establishing itself — it’s a really interesting space to be…

    Daupler

    Demand for Daupler spikes amid COVID-19 as more GovTech customers work from home

    By Tommy Felts | March 17, 2020

    Editor’s note: The following is part of Startland News’ ongoing coverage of the impact of Coronavirus (COVID-19) on Kansas City’s entrepreneur community, as well as how innovation is helping to drive a new normal in the ecosystem. Click here to follow related stories as they develop. While fears over the economic impact Coronavirus (COVID-19) could have…