Strata Receives $2.3 Million Templeton Foundation Grant

Strata, a public policy research organization in Logan, Utah, has announced a $2.3 million grant from the John Templeton Foundation for a business ethics education project.

The grant will be used to support the organization's Reinventing How Business Schools Teach Morality of Capitalism, Business Ethics and Entrepreneurship project, including several curriculum-design conferences at which participating K-12 and college faculty will create pilot courses that reframe how business ethics, capitalism, and entrepreneurship are taught. The standalone modules created through the project will feature video and customizable content that faculty can integrate into their curricula.

"I believe this is a wonderful opportunity for us to change the climate of ideas about business ethics, as it is currently viewed in education today," said Strata co-founder and director of strategy Chris Fawson. "Much of business education teaches entrepreneurship and ethics as fragmented, narrow disciplines, and capitalism as amoral or even immoral. We plan to challenge this perception by showing that principled entrepreneurship and ethics are rooted in a deep understanding of the morality of capitalism, and should be taught in a way that animates students’ capacity to create value within the market and within their communities."