This annual report gives examples of entrepreneurial activities the Foundation has funded, as well as a list of grants and financial statements for the year 2008. It also includes a letter from the president and lists of the board and staff members. The year 2008 was marked by notable milestones: a significant increase in youth entrepreneurship grants; a $3 million challenge grant to JumpStart; expanded communications on youth and collegiate entrepreneurship education; frequent convening on entrepreneurship leadership; a redesigned, content-rich website; and membership in the national Youth Entrepreneurship Strategy Group. The five Morgan-Kauffman Northeast Ohio Collegiate Entrepreneurship Program campuses made major strides infusing entrepreneurship into their liberal arts programs. In recognition of our endeavors, the Foundation was honored as the 2008 recipient of the Foundation Leadership Award by the local chapter of the Association of Fundraising Professionals.