Bank of America names Cheryl Vozzella a trustee of Cambridge Community Foundation
Cheryl Vozzella, a managing director and market sales executive for U.S. Trust, Bank of America Private Wealth Management, has been named to the board of directors of the Cambridge Community Foundation. She serves on the board as a trustee, which reflects the historic relationship of the Bank of America to the Foundation. As a successor bank to Harvard Trust Company, U.S. Trust shares oversight of the Foundation’s endowment with Cambridge Trust Company.
In addition to four bank-appointed trustees, the board includes community board members who collectively share responsibility for managing the organization. Cambridge Community Foundation, the only foundation serving the entire city, established in 1916, is currently marking its centennial year. It funds nonprofit organizations through two annual sets of grants, serves as a civic leader, promotes collaboration focused on urgent local issues, and partners with donors to provide a permanent source of charitable funds for the city, known as the Cambridge Endowment.
“I am delighted that Cheryl will be filling this important role with the Foundation,” said Richard Harriman, chairman of the board. “She brings both important professional skills and personal qualities that will make her a valued member of this team.”
“The issues the Cambridge Community Foundation grapples with resonate with me,” said Vozzella. “In every part of my life, I see opportunities to address challenges that make a meaningful difference in people’s lives. Working with the Foundation gives me the chance to work with engaged, knowledgeable people on the same kinds of challenges. This is a great opportunity.”
Cambridge Community Foundation is one of the oldest community foundations in the country. The only foundation with the whole city of Cambridge in its purview, it is a key supporter of nonprofit organizations, distributing more than a million dollars in grants annually to meet local needs and support the aspirations of Cambridge residents. The Foundation, which recently celebrated 100 years in Cambridge, provides leadership support and funding to respond to urgent local challenges. It partners with donors to provide a permanent source of charitable funds for the community, forming a Cambridge Endowment.