Kauffman Foundation revises funding priorities to three key areas, sharing first public details of its new strategic focus
April 30, 2024 | Startland News Staff
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.
“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.
Featured Business
2024 Startups to Watch
stats here
Related Posts on Startland News
KC tech firms respond to ‘bleak’ millennial voter turnout
A meager millennial voter turnout in Kansas City’s recent municipal elections is compelling local organizations to combat apathy with technology. More Kansas Citians 90 and older cast ballots in the City of Fountain’s 2014 municipal elections than voters under 30, according to a study by Kansas City-based civic engagement company mySidewalk. A paltry 0.7 percent…
Lean Lab announces new, mature fellowship class
The Lean Lab, an education innovation incubator, announced its second cohort of fellows who hope to bring meaningful change to Kansas City education. In the 2015 class, 10 fellows with seven solutions for Kansas City’s urban education will be participating in the Lean Lab’s summer program. Fellows arrive at the program with ideas in various…
KC newbie Rex tops $1M in revenue, kicks off hiring
Surging growth at one of Kansas City’s newest startups is leading it to hire a staff six times its current size. Rex, an animal health tech company that recently graduated from the Techstars-led Sprint Accelerator, is hoping to quickly boost its headcount from two to 12. In the days following a pitch at the accelerator’s…
ShotTracker, NBA champ Klay Thompson set for virtual camp
The Golden State Warriors weren’t the only team elated from its Tuesday night NBA Championship win over the Cleveland Cavaliers. Overland Park-based ShotTracker also snagged a win alongside the Warriors’ first championship since 1975, as the wearable tech firm’s recent endorsement deal with Golden State guard Klay Thompson received another coat of varnish. Golden State’s…