Deadline: 1-Aug-22
Nominations are now open for the 2023 Lipman Family Prize to recognize and support organizations providing a service to the broader social sector by connecting organizations across service areas to the broader Penn community.
The Barry & Marie Lipman Family Prize at the University of Pennsylvania is an annual global prize given to one organization that celebrates leadership and innovation in the social sector with an emphasis on impact and transferability of practices.
Award Components
- All three winners for the Lipman Family Prize receive the same non-monetary benefits. Together with the University of Pennsylvania, each year’s winners help to build new knowledge, resources, and solutions for the social sector. Announced each spring, the Lipman Family Prize winner package includes:
- A $250,000 unrestricted cash award for the grand prize winning organization and $125,000 for each of the two other winners.
- An ongoing partnership with the University dedicated to knowledge sharing and support of the organization. This includes promotion of their work and accomplishments in the Lipman Prize network of organizations, Penn faculty and alumni, and social impact funders.
- Access to tuition-free executive education programs at the Wharton Executive Education and the Center for Social Impact Strategy, valued at approximately $15,000.
- The exclusive Lipman Nonprofit Leadership Scholarship, given in partnership with the University’s School of Public Policy and Practice, valued at approximately $10,000.
Eligibility Criteria
- They encourage organizations from around the globe to apply. They look for organizations that have a proven effective service model and capacity for growth. While the organization should be building a track record of success, it may not yet have gained significant recognition. For the winners, this Prize brings its work to a larger audience, attracts new potential donors, and provides resources that will help scale the work or improve organizational sustainability. Organizations do not have to operate outside of their home country to win the Prize.
- The Lipman Family Prize is targeted toward organizations addressing social and economic issues that are usually addressed by the Nonprofit/NGO/Civil Society sector. As a result, the majority of organizations that apply are considered “nonprofit” organizations. They expect that applicant organizations meet the following criteria in order to apply for the Prize:
- Registered as a nonprofit in the United States or hold an equivalent incorporation status in their home country.
- In operation for three years or more.
- Annual operating budget of $500,000 USD or more in the last and current fiscal year.
- No direct lobbying expenses to influence legislation or elections, programs with religious content, or programs that discriminate on the basis of race, religion, national origin, sexual orientation, age or disability.
- If submitting a Program application, the Program must meet the same basic criteria as an Organizational applicant:
- The program is part of an organization that is registered as a nonprofit in the United States or holds an equivalent incorporation status in their home country.
- The program has been in operation for three years or more.
- Annual program operating budget of $500,000 USD or more in the last and current fiscal year.
- No direct lobbying expenses to influence legislation or elections, programs with religious content, or programs that discriminate on the basis of race, religion, national origin, sexual orientation, age or disability.
Evaluation Criteria
- Leadership: Lipman Family Prize winners are organizations that achieve good through sustainable approaches. Their models are exemplary and provide solutions for tackling universal problems that can be adapted around the world.
- Impact: Lipman Family Prize winners have exhibited proof of concept for their model and/or specific project. They are poised to scale and see the Lipman Prize as the catalyst for growth.
- Innovation: Lipman Family Prize winners offer innovation and/or innovative approach to solving a pressing world problem.
- Transferability: Lipman Family Prize winners embrace the importance of knowledge transfer within the social sector. A core element of their business model has the potential to transfer across geography and/or need, thus offering valuable knowledge assets for the social impact community.
For more information, visit https://lipmanfamilyprize.wharton.upenn.edu/about-the-prize/