The 2020 Beacon Awards will be awarded in October 2020. Eligibility for the Beacon Awards includes all Lipman Family Prize honorees from 2012 to 2017. Two previous honorees will each receive $250,000 in unrestricted funds. We established the Beacon Awards because we wanted to continue investing in the promising practices and leaders we meet each year through the Lipman Family Prize. We designed the Beacon Awards to engage and encourage these organizations and leaders to share with and learn from their peers and collaborators for the betterment of the social impact sector.
Why this Approach?
While pursuing our mission to resource and connect change-makers to bring innovative ideas to new places and problems around the world, we have discovered a few gaps in the funding landscape.
- Most awards and philanthropic investments focus on early stage investments to drive innovation, rather than mature organizations that are reaching their stride.
- Collaboration and knowledge sharing are not adequately rewarded.
- While follow-on investments are common, follow-on awards are rare.
With the Beacon Awards, we seek to fill that gap by rewarding and supporting previous Lipman Family Prize honorees who have demonstrated success in scaling up their social impact efforts by collaborating and sharing knowledge across their sector. By creating a $500,000 pool of unrestricted funds, we are doubling down on scaling up by investing deeper in change-making organizations that are growing what works.
Sharing for Scale
While the annual Lipman Family Prize identifies groundbreaking innovations, the Beacon Awards will work to understand each organization as a vehicle for change and expanded social impact. The criteria for choosing winners is designed to value transferability and knowledge sharing as a method of scaling impact; identify leaders who are pushing the sector forward; and highlight organizations with continued impact that are poised to expand to another level.
In consultation with potential prize recipients, we designed the Beacon Awards to follow best practices in prize design and award process. Our application process is intended to provide clear decision-making points, ensuring candidates can identify early whether they meet the criteria to progress to future selection rounds. Candidate selection is based on objective analysis using multiple data sources and investigators, including Awards Committee members.