The Ewing Marion Kauffman Foundation
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The Ewing Marion Kauffman Foundation
The Ewing Marion Kauffman Foundation (Kauffman Foundation) is a registered 501(c)(3) nonprofit, private foundation based in Kansas City, Missouri. It was founded in 1966 by Ewing Marion Kauffman, who had previously founded the drug company Marion Laboratories. The Kauffman Foundation works with communities to build and support programs that boost entrepreneurship, improve education, and contribute to the vibrancy of Kansas City. The Kauffman Fellows Program, known for supporting diversity in the field of venture capital, originated from the Kauffman Foundation. In a statement quoted by TechCrunch, fellows said that they “have measured the importance of a trusted diverse network and how it impacts the success and longevity of the best investors in the industry. Research has shown that Kauffman Fellows not only have larger returns than the industry average, but they stay in the industry 15+ years post-fellowship, which is 2X the minimum number of years it takes to recogniz ...
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Ewing Marion Kauffman Foundation Logo
Ewing may refer to: People * Ewing (surname) * Ewing (given name) Places ;United States * Ewing Township, Boone County, Arkansas * Ewing, Illinois, a village * Ewing Township, Franklin County, Illinois * Ewing, Indiana, an unincorporated community * Ewing, Kentucky, a city * Ewing Township, Michigan * Ewing, Missouri, a city * Ewing, Nebraska, a village * Ewing Township, Holt County, Nebraska * Ewing Township, New Jersey, by far the most populous location *: Ewing (unincorporated community), New Jersey, an unincorporated community within the township * Ewing/Carroll, Trenton, New Jersey, a neighborhood in the city of Trenton * Ewing, Ohio, an unincorporated community * Ewing, Angelina County, Texas. a ghost town * Ewing, Virginia, a census-designated place * Ewing Yard, a rail yard on the St Louis MetroLink ;Elsewhere * Ewing Island, Antarctica * Ewing Island, New Zealand * Ewing Seamount, in the south Atlantic Ocean Other uses * Ewing Public Schools, a school distr ...
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Kauffman Fellows Program
The Kauffman Fellowship is a two-year educational, networking, and leadership development program for venture capitalists. It was named after Ewing Marion Kauffman. The Kauffman Fellows Program is a nonprofit with a 20-year history of identifying, educating, mentoring and networking future venture capitalists. As of 2011, it had graduated more than 250 fellows, who have worked at venture firms in the U.S. and internationally. Center for Venture Education The Kauffman Fellows Program originated as an endeavor of the Ewing Marion Kauffman Foundation, from which it was spun out in 2000, and is now managed by the Center for Venture Education, based in Palo Alto, California. Notable Kauffman Fellows * Trish Costello, Portfolia * Mamoon Hamid, Social Capital * Jenny Lee, GGV Capital * Mala Gaonkar * Michael McCullough *Justin Rockefeller Justin Aldrich Rockefeller (born July 12, 1979) is an American impact investor and financial technology professional. He is a great-great grand ...
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Companies Based In Kansas City, Missouri
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artific ...
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Missouri Attorney General
The Office of the Missouri Attorney General was created in 1806 when Missouri was part of the Louisiana Territory. Missouri's first Constitution in 1820 provided for an appointed attorney general, but since the 1865 Constitution, the Attorney General has been elected. As of January 2021, there have been 43 attorneys general in Missouri. Eric S. Schmitt was appointed to become the 43rd Attorney General in January 2019 filling the mid-term vacancy created by Josh Hawley's election to the United States Senate. Following Schmitt's 2022 election to Missouri's other United States Senate seat, his successor as attorney general will be appointed by Governor Mike Parson. By law, the attorney general is a member of the Board of Fund Commissioners, the Board of Public Buildings, the Governor's Committee on Interstate Cooperation, the Missouri Highway Reciprocity Commission and the Missouri Housing Development Commission. Offices of the Attorney General are located throughout the state o ...
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Carl Schramm
Carl J Schramm is an American economist, entrepreneur, author, former President of the Ewing Marion Kauffman Foundation, and University Professor at Syracuse University. He is the author of the book ''Burn the Business Plan: What Great Entrepreneurs Really Do'', published by Simon & Schuster. ''The Economist'' named Schramm the "evangelist of entrepreneurship"''.'' Education Schramm graduated from Le Moyne College with a B.S. in Economics. He holds an M.S. (1969) and Ph.D. (1973) in economics from the University of Wisconsin and a J.D. from the Georgetown University Law Center (1978). Career He was a Ford Foundation Doctoral Fellow and New York State Regents Graduate Fellow at Wisconsin. Schramm began his career as staff economist at the National Commission on State Workmen’s Compensation Laws. He later served as Special Advisor to the Assistant Secretary for Policy at the US Department of Labor and Staff Economist to U.S. Senate Committee on Human Resources. He was a Robert ...
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Entrepreneurship
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While d ...
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TechCrunch
TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021 Verizon sold its media assets, including AOL, Yahoo, and TechCrunch, to the private equity firm Apollo Global Management, and Apollo integrated them into a new entity called Yahoo. In addition to its news reporting, TechCrunch is also known for its Disrupt conference, an annual technology event hosted in several cities across United States, Europe, and China. History TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. As of 2013, TechCrunch was available in English, Chinese ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing risky Startup company, start-ups in the hopes that some of the firms they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovation, innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture c ...
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Marion Merrell Dow
Marion Merrell Dow and its predecessor Marion Laboratories was a U.S. pharmaceutical company based in Kansas City, Missouri from 1950 until 1996. The company specialized in bringing to market drugs that had been discovered but unmarketed by other companies including Cardizem which treats arrhythmias and high blood pressure, Carafate (an ulcer treatment), Gaviscon (an antacid), Seldane (a withdrawn antihistamine), Nicorette (anti-smoking gum) and Cepacol mouthwash.Marion Merrell Dow, Inc., International Directory of Company Histories, Vol. 9. St. James Press, 1994
(reprinted on fundinguniverse.com)
The company operating out of its headquarters at 9300 Ward Parkway was a springboard for its founder < ...
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Ewing Marion Kauffman
Ewing Marion Kauffman (September 21, 1916 August 1, 1993) was an American pharmaceutical entrepreneur, philanthropist, and Major League Baseball owner. Early life and education Ewing Kauffman was born on September 21, 1916, on a farm near Garden City, Missouri. He was the son of John S. Kauffman and Effie May Winders, who were German-Americans. When Kauffman was a child, his father was in a farming accident which left him blind in his right eye. Following the accident, his father relocated the family to Kansas City, where he worked as a life insurance salesman. As a child, Kauffman loved reading. When he was 11, he had to leave school for a year, due to a heart valve that would not close completely. During this year, Kauffman taught himself how to speed read. It was not uncommon for him to read one to two books a day. In later years, Kauffman believes his success in the pharmaceutical business stemmed from his ability to read quickly. In 1928, when Kauffman was 12, his par ...
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Foundation Center
Candid is an information service specializing in reporting on U.S. nonprofit companies. In 2016, its database provided information on 2.5 million organizations.Wyland, Michael. "GuideStar Introduces Program Metrics Section for Nonprofit Profiles." Non Profit News For Nonprofit Organizations , Nonprofit Quarterly. N.p., May 11, 2016. Web. April 3, 2017. It is the product of the February 2019 merger of GuideStar with Foundation Center. It maintains comprehensive databases on grantmakers and their grants; issues a wide variety of print, electronic, and online information resources; conducts and publishes research on trends in foundation growth, giving, and practice; and offers education and training programs. History GuideStar GuideStar was one of the first central sources of information on U.S. nonprofits and is the world's largest source of information about nonprofit organizations. GuideStar also serves to verify that a recipient organization is established and that donated ...
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Private Foundation (United States)
Until 1969, the term ''private foundation'' was not defined in the United States Internal Revenue Code. Since then, every U.S. charity that qualifies under Section 501(c)(3) of the Internal Revenue Service Code as tax-exempt is a "private foundation" unless it demonstrates to the IRS that it falls into another category such as public charity. Unlike nonprofit corporations classified as a public charity, private foundations in the United States are subject to a 1.39% excise tax or endowment tax on any net investment income. The US-based Foundation Center uses a more specific definition of private foundation which hinges in part on the existence of an endowment: a private foundation is a nongovernmental, nonprofit organization, which has a principal fund managed by its own trustees or directors. Hopkins (2013) listed four characteristics that make up a private foundation, also including an endowment as a condition for private foundations: * It is a charitable organization and thus ...
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