ECMC Annual Report

Posted by ECMC Foundation on February 9, 2021

In January the ECMC Foundation president wrote about the role of higher education and its inextricable link to a strong democracy. We know, especially after a year of unusual challenges and discord, it is impossible to predict the future. But, more than ever, we know that the best way forward is together.

What 2020 taught us is that the most effective emergency preparedness is trust. In our 2020 Annual Report you will see examples of how ECMC Foundation and our partners activated this foundation of trust to quickly mobilize resources and use innovative thinking in response to a crisis. 2020 was not without its challenges—but we are also proud of the progress we made together:

• 52% increase in the number of grants we made, totaling 443 grants
• 182 new organizations added to our portfolio
• $5 million more allocated to grants than in previous year
• 4 Big Strategic Bets to help:
  • Fix the broken transfer pipeline with the launch of the Catalyzing Transfer Initiative
  • Close equity gaps in online CTE with a “CoLab” coalition
  • Create innovative financing models for reskilling and retraining America’s workforce
  • Explore transformational partnerships among institutions

You can read more about our recent efforts in our new 2020 Annual Report. We will likely look back on 2020 as the end of one era and the beginning of another. We came together as one foundation, aligned to our shared values and committed to our shared future.