Reflections on Our Journey
From Our President, Peter J. Taylor
To know where you’re going, you've got to know where you have been. In this annual report, you will read about the impact from the last year that has informed our evolving and expanding work moving forward—as a champion of the equitable promise of career and technical education (CTE), a trailblazer on funding efforts to address students’ basic needs and a resourceful philanthropic partner using all of the tools at its disposal to drive equitable change. This report also reflects an exciting moment of transition—for the Foundation and for me, personally, as I retire and prepare to pass the reins to a new president in 2023.
From Our Board Chair, James McKeon
ECMC Foundation has transformed over the last nine years into one of the leading national foundations focused on postsecondary education. When the Foundation’s focus shifted toward strategic grantmaking, we knew we were up against big issues facing higher education, but we also knew there was tremendous potential to shape the field’s future so that it benefited more students. Thanks to a tremendous team and Peter Taylor’s outstanding leadership, ECMC Foundation is positioned to create even more impact for learners as we enter this exciting next chapter.
Spotlight on Career Readiness
We are committed to improving postsecondary career and technical education outcomes for students from underserved backgrounds.
Spotlight on College Success
We are aiming to increase the number of students from underserved backgrounds who attain a bachelor’s degree.
Spotlight on Education Innovation Ventures
Our EIV portfolio makes investments that seek to generate both social impact and financial returns.
- Spotlight on Career Readiness
- Spotlight on College Success
- Spotlight on Education Innovation Ventures
The Way Forward
In November, we announced a new strategic framework that focuses our grantmaking and investing on three overlapping and interrelated priorities, which reflect the interconnected nature of postsecondary education and career success.
Grants Snapshot
Between May 2015 to December 2022, ECMC Foundation committed $278,140,032 in grants and program-related investments to programs that aim to improve postsecondary education outcomes.
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$278M+
in Grants and Investmentssince inception
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1,021
Partners Across
the U.S.in 2022
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229
New Pilot
Programs Supportedthrough grants