Ecmc Foundation

Employee engagement:ecmc foundation facilitates two main opportunities-a generating outcomes (go!) program and a discretionary grant program-for staff and leadership across ecmc group to feel connected to ecmc foundation's philanthropic mission. The go! Program is a corporate initiative to fund efforts in the communities where ecmc group, inc. Employees live and work. In 2024, ecmc foundation awarded grants ranging from $5,000 to $20,000 each to 111 organizations for a total of over $1 million. The discretionary grant program provides the board of directors, ecmc group executive and senior leaders, and foundation staff the opportunity to direct a gift to an educational organization of their choice.

Education innovation ventures:education innovation ventures (eiv) makes below-market-rate investments into nonprofit and for-profit ventures that seek to generate both social impact and financial returns. Complementing ecmc foundation's strategic grantmaking, the eiv program uses a full spectrum of program-related investments, including debt and equity instruments, to provide catalytic risk capital to early-stage ventures working to increase postsecondary educational outcomes and economic mobility among learners and jobseekers from systemically disadvantaged backgrounds. Financial returns are reinvested into additional program-related investments, allowing ecmc foundation to recycle investment dollars to fund further impact initiatives. In 2024, eiv invested over $4.1 million across 9 investments working to remove financial barriers for students, and awarded 3 grants.