The Kauffman Foundation works with communities to build and support programs that boost entrepreneurship, improve education, and contribute to the vibrancy of Kansas City.

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 recognize success in venture capital.”[5] The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that works with communities in education and entrepreneurship to increase opportunities that allow all people to learn, take risks, and own their success.

[8] In 2002, academic and entrepreneur Carl Schramm left a Maryland healthcare consulting firm to serve as president of the foundation until his resignation in 2012.

[9][10] Schramm's tenure was marked by conflicts over the foundation's mission and grant-making strategy, and he faced criticism for focusing on maximizing impact by awarding larger grants to fewer recipients and for de-emphasizing work in and around Kansas City.