Foundation Announces New Leadership Amidst Growth
Changes support investments in community-led solutions
The Saint Paul & Minnesota Foundation today announced the creation of four new leadership roles due to significant growth in community services, donor activity and community leadership in 2018.
“I am thrilled to announce that we have created new roles to continue providing cutting-edge programs, services and resources for donors and communities across Minnesota and the East Metro,” said Dr. Eric J. Jolly, president and CEO of the Foundation. “How we focus ourselves internally should reflect our mission and vision for the future, and these new roles make a strong statement about our goal to make Minnesota better for all who call it home.”
Ann Mulholland, currently vice president of Community Impact, will become the new executive vice president (EVP) of the Foundation. In her new role, Mulholland will work closely with Dr. Jolly on day-to-day management of the Foundation, and will head up the Community Impact and Marketing & Communication teams.
“I am honored to contribute to the work we do at the Foundation,” said Mulholland. “While we have much to be proud of, we also have work ahead to realize the sorts of equitable communities that we imagine for everyone. I'm grateful for this opportunity to broaden my purview as I work with my colleagues and our partners to grow the Foundation impact in the communities that we serve.”
Christine Searson will become the Foundation’s chief financial officer (CFO), expanding from her previous role as vice president of Finance. She will continue to lead the Foundation's budget, finances and audit as well as provide leadership for the SPMF Audit and Finance Committee. Searson will also lead the search for the Foundation’s chief investment officer, who will report to her.
“As financial stewards of the community assets entrusted to us, the finance and investment functions must be closely aligned in support of our organizational goals. I am excited to lead the exceptional work of both the Finance and Investment teams toward operational excellence, strong fiscal stewardship, and competitive investment strategies that support the goals of the Foundation, our partners and charitable beneficiaries.”
Jeremy Wells will become senior vice president of Philanthropic Services, expanding from his vice president role. Wells will continue to provide leadership for the Philanthropic Services team and the Saint Paul & Minnesota Foundations Development Committee, and in 2019 he will take a leadership role for the Foundation's Governance Committee.
“A strong board of directors is the cornerstone of any nonprofit organization,” said Wells. “As the Foundation evolves to meet the opportunities and challenges of the future, I’m especially looking forward to working with our board to help shape the governance body we’ll need in the coming years.”
And finally, Nadege Souvenir will become vice president of Operations & Learning, a new position from her former role as associate vice president of Community Impact. In this role, Souvenir will oversee the Foundation's learning and evaluation efforts, such as East Metro Pulse, as well as internal operational departments – grants administration, Human Resources and IT.
“I’m pleased that the Foundation is deeply committed to investing in learning as a way to guide and improve our work,” said Souvenir. “I look forward to partnering with our operations and learning team to identify and implement the processes and tools that support our people, power our business and drive our learning.”
These changes come on the heels of a successful 2018 and a new iteration of the organization’s brand, reflecting the Foundation's clear focus and direction as it continues to operate as Minnesota’s largest community foundation, managing 2,000 charitable funds and managing nearly $1.5 billion in assets.
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