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

    Isaac Collins, Yogurtini

    Pivoting back to a full-time franchise hustle: ‘Worst thing you can do is stop,’ Yogurtini owner says

    By Tommy Felts | December 12, 2019

    Running a franchise can require as much passion and perseverance as any other entrepreneurial endeavor — including those in the startup space, said Isaac Collins. Would-be business owners shouldn’t get caught up in the jargon of what is and isn’t “real” hustle when trying to craft a livelihood for themselves or their families, he said. A…

    Bimini Animal Health

    Top universities, incentives lure online pet supplements startup to brick-and-mortar operation in an unexpected metro

    By Tommy Felts | December 12, 2019

    Startland News’ Startup Road Trip series explores innovative and uncommon ideas finding success in rural America and Midwestern startup hubs outside the Kansas City metro. This series is possible thanks to the Ewing Marion Kauffman Foundation, which leads a collaborative, nationwide effort to identify and remove large and small barriers to new business creation. TOPEKA…

    Nathan Kurtz, Brush Creek Partners; Drew Solomon, Economic Development Council of Kansas City, Missouri; Tommy Wilson and Mike Hurd, Downtown Council of Kansas City

    LaunchKC, Brush Creek unveil InsureTech accelerator led by longtime startup advocate

    By Tommy Felts | December 11, 2019

    The latest LaunchKC-powered industry accelerator aims to bring a new wave of technology Kansas City’s insurance community, said Nathan Kurtz. “There’s a rich heritage of insurance in Kansas City,” said Kurtz, COO of Brush Creek Partners, announcing the bcp tech InsurTech Accelerator, which teams Brush Creek with TechAssure and LaunchKC. “Brush Creek’s purpose is to…

    Don Peterson, Launch Health demo day

    Packed demo day at Alamo Drafthouse caps inaugural Launch Health Accelerator 

    By Tommy Felts | December 10, 2019

    More than 200 investors and entrepreneurs attended the recent Demo Day for the Launch Health Accelerator powered by Nueterra Capital. Demo Day marked the conclusion of the 75-day accelerator and featured presentation pitches from each of the six cohort companies.  After a short networking reception in the Chesterfield bar inside the Alamo Drafthouse Kansas City,…