President & Chief Executive Officer, Akron Community Foundation
Company: ABFE
Location: Akron
Posted on: January 27, 2025
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Job Description:
President & Chief Executive Officer, Akron Community
FoundationOrganization OverviewEstablished in 1955 by a $1 million
bequest from the estate of local industrialist Edwin Shaw, the
Akron Community Foundation today is a $311MM philanthropic
endowment with a growing family of almost 900 charitable funds. The
Mission of the Foundation is to improve the quality of life in
Greater Akron by building permanent endowments and providing
philanthropic leadership that enables donors to make lasting
investments in the community. Its vision is to embrace and enhance
the work of charitable people who make a permanent commitment to
the good of the Greater Akron community. The Foundation has become
the community's champion and generator of enduring philanthropy and
has proudly built a welcoming culture that engages donors,
families, professional advisors, and nonprofit leaders in
strengthening the community both today and into the future. The
Foundation will celebrate its 75th anniversary in 2025.In December
2024, Summit County established the Summit Health and Safety
Innovation Fund, a separate, tax-exempt charitable organization of
the Foundation, known as a Supporting Organization. This Fund will
benefit the long-term health and safety of Summit County residents
and is scheduled to receive an initial contribution of $45MM from
Summit County's opioid litigation settlement funds in early 2025.
This Fund is to be governed by a separate volunteer board under the
umbrella of the Foundation.Job DescriptionThe President & Chief
Executive Officer reports to the Board of Directors and directly
supervises: Vice President-Community Investment, Vice
President-Marketing & Communication, Vice President & Chief
Development Officer, Vice President & Chief Financial Officer,
Executive Assistant; total staff of 22. Other important
relationships include donors and their representatives, investment
advisers, public and private sector community leaders, members of
the media and outside advisors.The President & CEO provides
professional leadership and assistance to the Board of Directors in
all matters related to the accomplishment of the Foundation's
goals; implements Board policies; directs and oversees the overall
strategic direction, grantmaking, development, communications and
administrative activities of the Foundation; and manages a $3.7MM
operating budget.Candidates may come from a variety of professional
backgrounds: a top executive of a comparable community foundation;
a top executive of a complex nonprofit organization with a mission
of service to the community; a "#2" or other senior leader at a
similar organization who is professionally prepared to step up to
the CEO-level position; an experienced for-profit leader with
background of service to nonprofits and an interest in this kind of
career path. Successful candidates will have a history of achieving
organizational growth as a direct result of their leadership.A
bachelor's degree is required; an advanced degree is preferred.
Status as a Certified Fund Raising Executive is desirable.The
President & Chief Executive Officer position of the Akron Community
Foundation is an outstanding opportunity for a community
foundation, nonprofit or private sector executive to lead an
organization committed to building a community of opportunity. The
strategic direction of the Foundation is one of growth in terms of
assets, engagement and leadership. The Foundation enjoys an
outstanding reputation with key organizations in the area along
with solid fiscal and investment results. The CEO will inherit an
enthusiastic and dedicated Foundation staff and a committed Board
of Trustees. The Greater Akron area economy is diverse, with a
history of rubber and tire manufacturing, and a focus on
healthcare, biomedical research, and advanced materials science.
The Foundation is viewed as a true leader in the community and this
CEO position represents a leadership opportunity to continue the
Foundation's growth and impact on the community with an exciting
role in defining the Greater Akron area for years to come.Salary &
BenefitsCommensurate with experience.How to ApplyIf you have
interest in this position, or are aware of an outstanding
foundation, nonprofit or business executive who meets these
requirements, please email ACF@Waverly-Partners.com to contact
WAVERLY PARTNERS, the executive search firm retained by the
Foundation Board on this search.Apply ByFeb 21, 2025EmployerAkron
Community FoundationLocationOn SiteAkron, OH
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Keywords: ABFE, Warren , President & Chief Executive Officer, Akron Community Foundation, Executive , Akron, Ohio
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