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.

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.

[adinserter block="4"]

2024 Startups to Watch

    stats here

    Related Posts on Startland News

    Study: Gov should take long-term approach to grow new businesses

    By Tommy Felts | May 1, 2015

    A recent study by the Ewing Marion Kauffman Foundation reports that while governments have long supported entrepreneurship, new business creation is waning. The study — Guidelines for Local and State Governments to Promote Entrepreneurship — found that new businesses comprised about 8 percent of all U.S. businesses in 2011, down from roughly 15 percent in the…

    Kansas City’s Innovation Partnership program to expand

    By Tommy Felts | April 30, 2015

    Kansas City’s program to streamline the integration of technologies into City Hall is set to expand in hopes of attracting more entrepreneurial participation. The City of Fountain’s Innovation Partnership program plans to ramp up marketing and resources to welcome more companies hoping to test drive their technologies with the city, said Ashley Hand, Kansas City’s…

    Mid-America Angels race for record-setting investment year

    By Tommy Felts | April 30, 2015

    After investing nearly $1 million in the first quarter of 2015, regional investment network Mid-America Angels is on pace for its best year yet. Mid-America Angels injected $870,000 of funding into two area companies during the first three months of 2015, which sets it on a pace to surpass $3 million in investments for the…