The Ewing Marion Kauffman Foundation was established in the mid-1960s by the late entrepreneur and philanthropist Ewing Marion Kauffman. The Foundation is among the thirty largest foundations in the United States with assets of approximately $2 billion. Their vision to foster “a society of economically independent individuals who are engaged citizens, contributing to the improvement of their communities” is realized through grant making and operations in two areas: advancing entrepreneurship and improving the education of children and youth.
In September 2005, the Kauffman Foundation made a $5 million Program Related Investment in the Building Block Fund which CSDC is matching 2:1 with federal credit enhancement grant funds. CSDC fully deployed the original $5 million in less than three years on behalf of over three dozen charter schools. The Kauffman Foundation funds have begun to recycle and revolve, enabling CSDC to serve an even greater number of charter schools.