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Henry Kravis: Kravis Prize
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"Our goal in creating The Kravis Prize was to acknowledge and honor the vision, boldness, creativity, and determination required of leaders in the not-for-profit world," said Henry Kravis. "It is important to acknowledge both individuals and institutions, and to recognize that an 'entrepreneur' in the not-for-profit world brings to bear similar skills and disciplines as a 'business entrepreneur' in achieving extraordinary goals. Roy Prosterman embodies these qualities, and is the ideal leader to receive the inaugural Kravis Prize."
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The Botwinick Prize in Business Ethics recognized Henry Kravis and the New York City Investment Fund for their commitment and creative approach to job creation and economic development within New York’s five boroughs. Kravis’ vision is today’s reality: an innovative funding organization and model—part philanthropic, part investment vehicle—to galvanize top business leadership on behalf of the City’s up-and-coming entrepreneurial talent.
Candidates for the Kravis Prize were solicited from an international cadre of confidential nominators selected on the basis of their breadth and depth of knowledge of the non-profit sector. Selection criteria included boldness, innovation, creativity, consistency, persistence, and effectiveness in bringing a vision to fruition, realizing the mission of an organization, and demonstrating best practices in managing that organization.
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