Application Process

Our application process consists of four main phases- application submission and reviews, due diligence, selection of the honorees and partnership development. Please see below for a detailed breakdown of each of these phases.
PHASE 1: Application Submission & Reviews

Timeframe: July – September

Applicant requirements Applicants submit an online application during the open application period, typically in July each year. The longer application questions can be found online here in advance of the online submission period.
UPenn / Wharton Involvement After the application deadline, a team of external consultants from the nonprofit industry reviews applications using a quantitative assessment framework that focuses on the following for each organization:

  • the social challenge and global relevance of the problem being solved
  • the model chosen to address the social challenge
  • the logic in the design of the approach and differentiation
  • the methodology for measuring impact and demonstrated success to date
End Result A subset of 25-35 applications are chosen for further review in Phase 2. Applicants are notified as to whether they are moving on to Phase 2 in September.
PHASE 2:  Due Diligence

Timeframe: September – February

Applicant requirements A subset of applicants will be asked to submit additional documentation which includes but is not limited to: evaluation tools, strategic plans, and information on staff leadership and board of directors.
UPenn / Wharton Involvement During this Phase, under staff supervision the Lipman Prize Fellows consult with industry experts and faculty and use the information submitted to better understand the capacity of the organizations under consideration. For example, does the organization have appropriate operational systems, planning mechanisms and measurement capabilities given its age and size?
End Result Three honoree organizations are chosen by our Prize Committee. These honorees are notified in February.
PHASE 3: Winner Selection and Award Ceremony

Timeframe: March – April

Applicant requirements During this phase, the executive leader of each honoree organization is required to travel to Philadelphia sometime in March of 2020 for their interview with the Prize Committee and in April 2020 for the annual Lipman Family Prize Award Ceremony.
UPenn / Wharton Involvement The Lipman Prize will pay for domestic flights (or a portion of international flights) and hotel accommodations for both trips to Philadelphia. Lipman Prize staff will also coordinate with honorees to have them meet the Prize’s student fellows and others on campus with whom they would like to connect.
End Result A winner is selected. Public announcement of the winner will be made at the Award Ceremony in April.
PHASE 4:  Partnership Development

Timeline: May – Ongoing

Applicant requirements During this phase honorees are asked to engage in partnership with the Prize.
UPenn / Wharton Involvement Lipman Family Prize staff will work with the honorees and winner to publicize their work and begin to implement monetary and non-monetary benefits of the Prize.
End Result All 3 honoree organizations enjoy the benefits of their partnership with the University of Pennsylvania and The Wharton School and join the Lipman Family Prize network.
Important Dates

July 1, 2020
Online Application Opens

July 28, 2020 (5:00 PM EDT)
Application Submission Deadline

September 2020
Phase 1 Notification

February 2021
Honorees Announced

April 2021
Winner Announced, Award Ceremony

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