Ewing Marion Kauffman Foundation
- Assets
- $2.4b
- Revenue
- $173.8m
- Investments
- $2.3b
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 08/1966
- Data as of
- 12/2023
- EIN
- 43-6064859
Organization Overview
Ewing Marion Kauffman Foundation is located in Kansas City, MO. The organization was established in 1966. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ewing Marion Kauffman Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ewing Marion Kauffman Foundation generated $173.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $146.0m during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ewing Marion Kauffman Foundation has awarded 5,717 individual grants totaling $1,816,131,464. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREER & EMPLOYMENT READY:THE FOUNDATION SEEKS TO PREPARE PEOPLE FOR SUCCESS IN THEIR JOBS AND CAREERS. PART OF THE FOUNDATION'S ENTREPRENEURIAL LEARNING INITIATIVE IS TO ENSURE INDIVIDUALS ARE EQUIPPED WITH INFORMATION, RESOURCES, CREDENTIALS, AND CONFIDENCE TO NAVIGATE, SEEK, SECURE, AND ADVANCE SUSTAINABLE EMPLOYMENT ALONG THEIR CHOSEN CAREER PATHS, INCLUDING STARTING AND GROWING A BUSINESS.
ENTREPRENEURIAL LEARNING:THE FOUNDATION SEEKS TO PREPARE PEOPLE FOR SUCCESS IN THEIR JOBS AND CAREERS. PART OF THE FOUNDATION'S ENTREPRENEURIAL LEARNING INITIATIVE IS TO ENSURE INDIVIDUALS ARE EQUIPPED WITH INFORMATION, RESOURCES, CREDENTIALS, AND CONFIDENCE TO NAVIGATE, SEEK, SECURE, AND ADVANCE SUSTAINABLE EMPLOYMENT ALONG THEIR CHOSEN CAREER PATHS, INCLUDING STARTING AND GROWING A BUSINESS. THE FOUNDATION SUPPORTS ENTREPRENEURIAL LEARNING THROUGH PROGRAMS SUCH AS 1 MILLION CUPS (1MC) AND KAUFFMAN FASTTRAC. 1MC PROVIDES A SUPPORTIVE, INCLUSIVE SPACE FOR ENTREPRENEURS AND THEIR COMMUNITIES TO GATHER AND CONNECT, WHERE THEY CAN WORK THROUGH BUSINESS CHALLENGES AND IDENTIFY OPPORTUNITIES. KAUFFMAN FASTTRAC PROVIDES ACCESS TO FREE CONTENT, TEMPLATES, AND TOOLS THAT HELP ASPIRING ENTREPRENEURS REFINE THEIR VISION INTO A RESEARCHED AND TESTED BUSINESS PLAN.
CONVENING:THE FOUNDATION'S 40,000-SQUARE-FOOT CONFERENCE CENTER SERVES AS A COMMUNITY RESOURCE, PROVIDING MEETING FACILITIES, STATE-OF-THE-ART TECHNOLOGY AND AMENITIES FOR A WIDE RANGE OF LOCAL, REGIONAL AND NATIONAL GATHERINGS. WE PROVIDE THE SPACE AT NO CHARGE FOR NONPROFITS TO USE FOR THEIR CHARITABLE PROGRAMS AND ACTIVITIES. IN ADDITION, THE FOUNDATION USES THE SPACE TO FURTHER ITS OWN CONVENING PURPOSES AS WELL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Bechard Treasurer | 40 | $432,381 | |
Mary Susan Chambers Trustee & Interim CEO | 8 | $60,000 | |
Matt Condon Trustee | 8 | $60,000 | |
Karen Daniel Trustee | 8 | $60,000 | |
Esther George Trustee, Chair | 12 | $100,000 | |
Deangela Burns Wallace President & CEO | 40 | $331,061 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Forbion Funds | 12/30/23 | $1,589,132 |
Bls Capital | 12/30/23 | $1,608,667 |
Dbag Funds | 12/30/23 | $1,510,580 |
Sands Capital Management Llc | 12/30/23 | $1,301,446 |
Harris Associates Lp | 12/30/23 | $1,196,342 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,190,449 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $150,726,722 |
| Capital Gain Net Income | $129,392,905 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $852,071 |
| Total Revenue | $173,769,242 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,533,650 |
| Other employee salaries and wages | $12,798,230 |
| Pension plans, employee benefits | $4,202,878 |
| Interest | $0 |
| Taxes | $161,276 |
| Depreciation | $0 |
| Occupancy | $2,604,617 |
| Travel, conferences, and meetings | $2,286,452 |
| Printing and publications | $11,039 |
| Other expenses | $5,351,922 |
| Total operating and administrative expenses | $54,850,941 |
| Contributions, gifts, grants paid | $91,171,898 |
| Total expenses and disbursements | $146,022,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $63,441,542 |
| Net Accounts receivable | $12 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,285,931,649 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $11,952,650 |
| Total assets | $2,409,622,579 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $26,220 |
| Total liabilities | $26,220 |
Grants Awarded
Over the last fiscal year, Ewing Marion Kauffman Foundation has awarded $243,512,377 in support to 502 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ASSOCIATION FOR COMMUNITY COLLEGE ENTREPRENEURSHIP INC PURPOSE: SUPPORT FOR THE ANNUAL CONFERENCE NATIONAL ASSOCIATION FOR COMMUNITY COLLEGE ENTREPRENEURSHIP CONFERENCE (NACCE) IN NASHVILLE, TENNESSEE ON OCTOBER 29 TO NOVEMBER 1, 2023. 202307-14187 | $12,502 |
THE ASPEN INSTITUTE INC PURPOSE: SUPPORT FOR THE SEMINAR FOR MID-AMERICA FOUNDATION CEOS IN ASPEN, COLORADO, JUNE 2023-2025. 202211-13383 | $27,001 |
UNITED STATES ASSOCIATION FOR SMALL BUSINESS AND ENTREPRENEURSHIP PURPOSE: SUPPORT FOR THE UNITED STATES ASSOCIATION FOR SMALL BUSINESS AND ENTREPRENEURSHIP (USASBE) ANNUAL CONFERENCE IN BIRMINGHAM, ALABAMA ON JANUARY 10-14, 2024. 202308-14209 | $12,315 |
KANSAS CITY REGIONAL DESTINATION DEVELOPMENT FOUNDATION PURPOSE: SUPPORT FOR A NEW JOURNEY BEGINS JUBILEE EVENT IN KANSAS CITY, MISSOURI, FEBRUARY 16, 2023. 202212-13433 | $4,300 |
UNIVERSITY ECONOMIC DEVELOPMENT ASSOCIATION INC PURPOSE: SUPPORT FOR THE 2023 UEDA SUMMIT IN SALT LAKE CITY, UT FROM OCTOBER 8-10, 2023. 202307-14155 | $920 |
BIG PICTURE COMPANY INC PURPOSE: SUPPORT FOR BIG BANG CONFERENCE 2023 IN KANSAS CITY, MISSOURI, JULY 24-27, 2023. 202302-13612 | $12,800 |