Fund for American Studies
While educational programs about philanthropy are growing, one sector of the philanthropic world—future givers and nonprofit leaders—aren’t benefiting. Stepping in to help fill this void is Shane Goldsmith, the new director of the David R. Jones Center for Leadership in Philanthropy. The center was established in 1998 by the Fund for American Studies to prepare young people for roles in philanthropy and the nonprofit sector. Among the center’s most important programs is the Institute on Philanthropy and Voluntary Service, which is held in partnership with the Indiana University Center on Philanthropy. Attending students are educated in the history and ethics of philanthropy and are given hands-on experience with charitable organizations. Goldsmith understands the importance the center plays in philanthropic development. “We’re hoping to teach the new leaders in philanthropy and the nonprofit world,” she says. She isn’t the only one thinking big. Roger Ream, president of the fund, says of Goldsmith, “Under her guidance, we plan to expand our programs both for young people entering careers in the philanthropic sector and for individuals involved in charitable giving.”
Established in 1967, the Fund for American Studies “advances the values of freedom, democracy, and a free market economy by sponsoring educational programs of the highest quality for students with outstanding leadership potential.” With assets of $27 million at the close of 2000, the fund sponsors seven institutes that focus on preparing youth for leadership through education in the theory and practice of a free society.
Carolina Reyes, M.D., has been appointed vice president of evaluation and planning, a new position that will examine closely the methods and plans the California Endowment brings to its mission of delivering health care to the state’s underserved. According to Reyes, this new emphasis on evaluation and planning “appears to be unique to other philanthropic organizations.” She adds that the foundation isn’t just looking for safe ways to meet those goals, it also is willing to take some risks to achieve them.
Reyes chose the field of philanthropy because it’s “creative.” She earned a B.A. from Stanford University and an M.D. from Harvard, and she completed her residency and fellowship at the Los Angeles County/University of Southern California Women’s and Children’s Hospital. While at the endowment, she will also continue to serve as a faculty member at the UCLA School of Medicine. And she has a friend in Washington. Her husband is Xavier Becerra, D-Ca., who sits on the powerful House Ways and Means Committee.
Also new at California Endowment is Mary Rainwater, who joins as a program officer focusing on statewide grantmaking activities in mental health. Rainwater was previously a mental health consultant to the endowment and formerly the executive director of the Los Angeles Free Clinic.
Created in 1996, the California Endowment strives to “expand access to affordable, quality health care for underserved individuals and communities, and to promote fundamental improvements in the health status of all Californians.” The endowment uses its assets of $3.49 billion to “award grants to organizations that directly benefit the health and well being of the people of California.”
Eugene and Agnes E. Meyer Foundation
Barbara J. Krumsiek has been appointed to the board of directors of the Meyer Foundation. Currently, she is the president, CEO, and co-chairman of Calvert Group Ltd. Krumsiek took her bachelor’s degree from Rutgers University and a master’s degree in mathematics from New York University. The analytical training at NYU served her well, as she established a reputation for adeptness with finance. Calvert is a mutual fund firm that focuses on fixed-income investment management. “Barbara’s financial savvy combined with her commitment to the region will be a tremendous asset to the Meyer Foundation,” says foundation president Julie L. Rogers. In addition to her work at Calvert, Krumsiek serves on the executive committee of the Greater Washington Board of Trade and on the board of visitors of the Howard University Law School.
James W. Jones, who has served on the board since 1994, was named chairman of the board, and another board member, Edward H. Bersoff, was appointed vice chair.
Established in 1944 by Eugene Meyer, owner of the Washington Post, and his wife, Agnes E. Meyer, the foundation works to support greater Washington by supporting capable, community nonprofit organizations. The foundation has about $133 million in assets, and it awards about $6 million a year in grants.