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Edna McConnell Clark Foundation

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Edna McConnell Clark Foundation
HeadquartersNew York, NY, United States
President & CEO
Nancy Roob
Key people
Ralph Stefano
Revenue (2015)
$51,781,631[1]
Expenses (2015)$67,328,460[1]
Websitewww.emcf.org

The Edna McConnell Clark Foundation (also McConnell Clark Foundation, Clark Foundation, or EMCF) is a New York-based institution that currently focuses on providing opportunities for low-income youth (ages 9–24) in the United States. The Foundation makes large, long-term investments, frequently in partnership with other funders, in programs with proven outcomes and growth potential to meet the urgent needs of disadvantaged young people. The foundation previously worked in criminal justice reform,[2][3] systematic school reform,[4] tropical disease research, and child protection. The founder's fortune was passed from her father, Avon founder David H. McConnell.

In 1999, EMCF began to concentrate its resources on economically disadvantaged young people and the organizations that served them. It now focuses on helping high-performing nonprofits develop business plans, organizational capacity, and evidence of their programs' effectiveness so they can expand their programming. In 2007, it committed $39 million and raised $81 million from other organizations and individuals to support three of its most promising grantees.[5] The Foundation has given over $762 million in grants since 1970, and as of September 30, 2013 its assets were approximately $954.5 million. President Nancy Roob has led EMCF since 2005.

References

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  1. ^ a b "Edna McConnell Clark Foundation" (PDF). Foundation Center. 15 May 2017. Retrieved 16 November 2017.
  2. ^ Hinds, Michael Decourcy (1992-08-07). "Feeling Prisons' Costs, Governors Look at Alternatives". New York Times. Retrieved 2009-03-10. In a Delaware study in February 1991, for example, most people said they believed that judges were "too soft" on convicted criminals, that most prison sentences should be longer and that the state should make greater use of capital punishment.
  3. ^ Teltsch, Kathleen (1987-07-19). "Cost Bringing Punishments Out of Prison". New York Times. Retrieved 2009-03-10. He was in a Massachusetts jail until a few months ago; he is a 33-year-old felon with a record in several states. Then he was paroled into a work program started by the International Union of Electronic Workers of the A.F.L.-C.I.O, with major financial support from the Edna McConnell Clark Foundation in New York.
  4. ^ Gewertz, Catherine (2001-02-14). "Education Week: Clark Foundation Shifts Focus, Pulls Out of Education". Education Week. Retrieved 2009-03-10. After three decades as a philanthropic pioneer in systemic school reform, the Edna McConnell Clark Foundation will phase out its work in public schools. The decision was fueled in part by what foundation officials characterize as the profoundly difficult task of forging lasting improvement in a system resistant to change.
  5. ^ Strom, Stephanie (2007-12-21). "New Fund to Help Charities Add Efficiency by Growth". New York Times. Retrieved 2009-03-10. The institution, the Edna McConnell Clark Foundation, has committed $39 million to the fund and attracted $49 million more from other foundations and individuals, putting it well on its way to achieving its goal of raising $120 million by June
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