Ewing Marion Kauffman Foundation
Encyclopedia
The Ewing Marion Kauffman Foundation (Kauffman Foundation) is a non-profit foundation based in Kansas City, Missouri. It has an asset base of $2 billion. The Kauffman Foundation states that its vision is to foster "a society of economically independent individuals who are engaged citizens, contributing to the improvement of their communities." It focuses its grant making and operations on two areas: advancing entrepreneurship and improving the education of children and youth. Established in the mid-1960s by the late entrepreneur and philanthropist Ewing Marion Kauffman, the Kauffman Foundation is the largest American foundation to focus on entrepreneurship. The current President and CEO is Carl Schramm
Carl Schramm
Carl J. Schramm an American economist and former professor, is President and CEO of the Ewing Marion Kauffman Foundation, a private philanthropic foundation devoted to entrepreneurship and education. The Economist has hailed Schramm as the "evangelist of entrepreneurship."A 1968 graduate of LeMoyne...

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In entrepreneurship, the foundation works nationwide to advance an entrepreneurial society in which job creation, innovation, and the economy flourish. Associates of the Kauffman Foundation work with educators, researchers, and other partners to understand the economic impact of entrepreneurship, train the next generation of entrepreneurial leaders, develop and disseminate programs that enhance entrepreneurial skills and abilities, and improve the environment in which entrepreneurs start and grow businesses.

In education, the foundation works to improve the academic achievement of disadvantaged children, particularly in Kansas City’s urban core. Associates of the foundation work with partners to support programs that directly impact a child’s academic achievement, with a concentrated focus on math, science, engineering and technology skills. Through a comprehensive ten-year initiative to significantly improve math and science education in Greater Kansas City, the Kauffman Foundation hopes to help create a national model for how to prepare the next generation of entrepreneurs and workers needed in America’s global knowledge economy.

Entrepreneurship

The Kauffman Foundation seeks to further understand the phenomenon of entrepreneurship, to advance entrepreneurship education and training efforts, to promote entrepreneurship-friendly policies, and to better facilitate the commercialization of new technologies by entrepreneurs and others, which show promise for improving the economic welfare of our nation.

Major Initiatives
  • The Kauffman Global Scholars Program fosters international entrepreneurship by immersing top young entrepreneurs from around the world in America's entrepreneurial culture.
  • The Kauffman Campuses initiative seeks to transform the way colleges and universities make entrepreneurship education available across their campuses, enabling any student, regardless of field of study, to access entrepreneurial training.
  • FastTrac is a practical, hands-on business development program designed to help entrepreneurs hone the skills needed to create, manage and grow a successful business.

Education

Ewing Kauffman believed that investments in education should lead students on a path to self-sufficiency, preparing them to hold good-paying jobs, raise their families, and become productive citizens. The youth education programs supported by the Kauffman Foundation focus on advancing student achievement in math, engineering, technology and science. The foundation also hopes to introduce students to entrepreneurship and explore the future of learning.

Major Initiatives
  • FIRST Robotics has encouraged a record number of Kansas City area high school students to apply math and science principles to design, assemble, and test robots capable of performing specific tasks.
  • Hot Shot Business is an Internet simulation game that gives boys and girls the chance to run a business in Opportunity City at Disney.com.
  • Kauffman Labs Education Ventures Program provides education, mentoring, and real-world experiences to increase the potential for successfully founding education businesses

Research and Policy

To develop effective programs and help inform policy that will best advance entrepreneurship and education, the Kauffman Foundation's research initiatives are designed to provide a broader and more in-depth understanding of what drives innovation and economic growth.

Advancing Innovation

The Kauffman Foundation believes more can be done to rapidly and efficiently commercialize innovations developed by university researchers. Foundation associates study the reasons the system is not more productive, work with universities, philanthropists, and industry to ensure greater output, and ultimately grow the number of university-based technologies that become breakthrough products and services.

Major Initiatives
  • The iBridge Network
    The iBridge Network
    The iBridge Network is a Web-based mechanism for the dissemination of innovations such as research results and reports, computer software and other copyrighted works, biological research materials, and patented inventions. It is implemented as a database with Web interfaces and electronic commerce...

    provides access to university research and innovations to industry representatives, entrepreneurs, and other universities' researchers.
  • StudentBusinesses.com was acquired from Campus Venture Network in 2009 to enhance Kauffman's suite of services to universities and business plan competitions.


Partnership
  • In February 2011, the Ewing Marion Kauffman Foundation partnered with TechStars
    Techstars
    TechStars is a mentorship-driven seed stage investment fund founded in 2006 by David Cohen, Brad Feld, Jared Polis and David Brown. TechStars provides seed funding for teams forming web/software companies. The organization holds programs in Boulder, Colorado, Boston, Massachusetts, Seattle,...

    . The Foundation provided Techstars with $200,000 in funding to build software utilized by the TechStars Network. This will go towards building and managing a unified application processing and tracking system for seed accelerator programs, dozens of which are part of TechStars Network.

In the media



External links

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