About the Prize
The Barry and 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.
The award recognizes and amplifies the work of organizations devoted to positive social impact and creating sustainable solutions to significant social and economic challenges. The ultimate goal is to spread the global lessons found in local success.
The 2019 Prize application opens on July 2, 2018 and closes on August 3, 2018 at 5:00 PM EDT. This first phase of the application includes four essay questions, organizational profile information and the submission of financial documents. Applications are reviewed under the supervision of staff and faculty at the University of Pennsylvania. All applicants will be notified in October whether or not they will continue to be considered in that year’s selection process.
The honorees and winning organization will be announced in April. The winner and honoree organizations will attend a special award ceremony and related events held at the University of Pennsylvania.
Announced each spring at an award ceremony at the University of Pennsylvania’s Wharton School, the Lipman Family Prize includes
- A $250,000 unrestricted cash award for the winning organization and $50,000 for each of the two other honorees.
- 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 Wharton Executive Education and the Center for Social Impact Strategy, valued at approximately $15,000.
All three honorees for the Lipman Family Prize receive the same non-monetary benefits. Together with the University of Pennsylvania, each year’s honorees will help to build new knowledge, resources, and solutions for the social sector.