September 25, 2016 12:52 AM ET

Diversified Financial Services

Company Overview of Cleveland Foundation, The

Company Overview

The Cleveland Foundation is an not-for-profit foundation with over $1.5 billion assets under management. The foundation primarily focuses on education, health, medicine, and community development in Cleveland. It was founded in 1914 and is based in Cleveland, Ohio.

1422 Euclid Avenue

Suite 1300

Cleveland, OH 44115-2001

United States

Founded in 1914

Phone:

216-861-3810

Fax:

216-861-1729

Key Executives for Cleveland Foundation, The

Chief Executive Officer and President
Age: 60
Director of Community-Responsive Grant Making
Director of Gift Planning
Age: 49
Director of Donor Relations
Director of Public Affairs and Strategy
Compensation as of Fiscal Year 2016.

Cleveland Foundation, The Key Developments

The Cleveland Foundation Announces Management Changes

The Cleveland Foundation has announced the appointment of Rosanne Potter as Senior Vice President and Chief Financial Officer. Potter replaces retiring Cleveland Foundation SVP and CFO Kate Asbeck. Most recently, Potter was Senior Manager for Pension Management at Eaton Corporation, where she was responsible for the oversight and investment of $10 billion in global retirement assets. She also has held treasurer positions at several other global companies, including the Lubrizol Corporation, RTI International Metals and Dexter Corporation. Potter serves as a part-time faculty member at Kent State University, where she teaches finance courses for the university's Executive MBA program. She is also active in the community, serving as a member of the executive board of Adoption Network Cleveland and In Council with Women. Asbeck is retiring in June 2016 after six years at the foundation.

The Cleveland Foundation Announces Board Changes

The Cleveland Foundation announced the appointment of a new chairman and a new member to its board of directors. Current board member Rev. Dr. Stephen Rowan has been named chairman of the board, replacing retiring board member and current board chair James Ratner. Rev. Dr. Rowan is the first former foundation employee to serve as a board member and now board chair in the foundation's history. Daniel P. Walsh Jr. has been appointed as a new member to the foundation's board, filling the seat vacated by Ratner's retirement. Walsh is the founder and CEO of Citymark Capital. In addition to continued service as vice-chair of the board, Paul Dolan has been named the new chairman of the Grantmaking and Community Engagement Committee of the board.

The Cleveland Foundation Announces Executive Changes

The Cleveland Foundation has appointed Leon Wilson to the newly created role of Chief Technology and Information Officer and announced expanded roles for two of its senior-level staff members Lillian Kuri, who has been named Program Director for Arts and Urban Design, and Sylvia Perez, who becomes Vice President for Corporate Governance and Governmental and International Affairs. As Chief Technology and Information Officer, Wilson will lead the development and implementation of internal and external strategic IT initiatives to enhance the foundation's work and leadership in the community. Wilson brings more than 20 years of senior-level technology experience to the foundation, including most recently serving as Senior Director for Technology and Data Engagement for the Michigan Nonprofit Association. In her newly expanded role as Program Director for Arts and Urban Design, Kuri assumes responsibility for the foundation's strategic arts initiatives, previously led by retired program director Kathleen Cerveny, in addition to continuing her work in urban design and sustainable development. Kuri has been a program director since 2007. Perez was recently promoted to Vice President for Corporate Governance and Governmental and International Affairs, assuming the role of corporate secretary of the foundation and supporting the management of the board of directors. She will continue her work on local and national leadership initiatives, including public policy and international affairs. Perez joined the foundation as a National Urban Fellow in 2010 and, at the conclusion of her fellowship in 2011, was named Chief of Staff and Manager for Governmental and International Affairs.

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