The Cambridge Community Foundation adds financial experts, philanthropic leaders to Board of Directors
September 26, 2018
The Cambridge Community Foundation (CCF) has appointed four financial experts and philanthropic leaders to its Board of Directors and announced new co-chairs for its Professional Advisors Council, effective this fall.
New Board members include Daniel S. Kern, Chief Investment Officer & shareholder with TFC Financial Management, Inc.; Marla Felcher, Co-Founder of The Philanthropy Connection, marketing professor, and investigative journalist; Winifred Lenihan, Vice President for Development at WGBH; and Katie Walker, Senior Vice President and Sales Executive at U.S. Trust, Bank of America Private Wealth Management, who is an Appointed Trustee with CCF. New Co-Chairs of the Professional Advisors Council are Judith Cranna, Vice President at Eaton Vance Investment Counsel and Beth Milkovits, Relationship Manager in the Private Banking group at Brown Brothers Harriman in Boston.
The CCF Board of Directors oversees community impact for the Foundation, signing off on two rounds of grants to local nonprofit organizations each year from the Community Fund. CCF and its donors awarded $1.43 Million in grants last year.
The Board and Professional Advisors Council also help the CCF build the Cambridge Endowment through donor engagement and advancing philanthropy, so that the city’s pressing urban needs can be addressed today and far into the future. They also advise CCF on its civic leadership agenda. CCF serves as an independent voice on Cambridge’s systematic and urgent urban problems.
“Our goal is to work across sectors—government, businesses, universities, nonprofits, civic leaders and engaged residents– to foster equity by removing barriers to opportunity, investing in and believing in the inherent potential of human beings and honoring everyone with dignity. We’re delighted to have a group of accomplished and compassionate people joining in this important work,” said Geeta Pradhan, president of the CCF.
Rick Harriman, chairman of the CCF Board added: “Our new board members share our belief in equal opportunity and social equity for all residents and we are delighted to have them help us chart an equitable path forward in today’s innovation economy.”
The CCF has supported nonprofits in Cambridge for more than 100 years, beginning with funding for local, low-income youth to attend Harvard College, which continues today. The CCF is known for providing seed funding to support impactful, new programs, and offering decades-long support for core community organizations, including the Settlement Houses in Cambridge. CCF’s current focus is on programs and nonprofits that support strong families, provide education and opportunity, and preserve our city’s cultural richness.
“I’m enthusiastic about Cambridge Community Foundation’s focus on an inclusive vision and shared prosperity in Cambridge,” said Daniel S. Kern. “I hope to help Cambridge Community Foundation increase its capacity for community leadership, serving as a resource for the entire community.”
Marla Felcher added: “I’ve been a Cambridge resident since 1998 and I think solving the inequality problems here is very doable. There are a finite number of people under the poverty line. At the same time, many are living in some of the most expensive real estate in the country. Given the number of smart, caring people living in Cambridge, there’s a lot of potential. I believe that once Cantabrigians see the issues, they’ll help.”
The new appointees replace four outgoing Board members, including Moacir Barbosa, Director of Community Engagement at Health Resources in Acton; Melville Hodder, Senior Vice President at Morgan Stanley Smith Barney, Inc.; Fritz Foley, Andre R. Jakurski Professor of Business Administration at Harvard Business School; and Cheryl A. Vozella, Managing Editor and Market Sales Executive for U.S. Trust, Bank of America Private Wealth Management. In honor of their service to the Cambridge community, the Foundation awarded a $4,000 grant to the Cambridge Economic Opportunity Committee (CEOC) — Cambridge’s Anti-Poverty Agency whose mission is to empower people and mobilize resources to fight poverty’s causes and impacts through services, education and organizing. CEOC serves about 5,200 households annually in all its programs.