The Los Angeles-based Broad Foundations have announced the appointment of MARC A. SCHWARTZ as chief investment officer. Working closely with founder Eli Broad, Schwartz will oversee the foundations' $3 billion portfolio as well as the Broad family's personal investments. Most recently managing director, principal, and vice president of the hybrid fund Reservoir Capital Group, Schwartz previously worked in senior positions at a global holding company and an international private equity firm.
The New York City-based Nathan Cummings Foundation has announced the appointments of CAROLINE L. WILLIAMS as executive vice president, MAURINE D. KNIGHTON as director of the arts and culture program, and HILARY HALDEMAN as program assistant in the health program. Williams, chief financial and investment officer of the foundation from 2001 to 2005, subsequently served as a consultant to the foundation's shareholder activities program; earlier, she was managing director of Wall Street firm Donaldson, Lufkin & Jenrette. Knighton, most recently senior vice president of the Upper Manhattan Empowerment Zone, has more than twenty-two years' experience in the arts and financial fields. Haldeman most recently was a program assistant at the Sea Change Foundation.
The San Francisco-based Gordon and Betty Moore Foundation has announced the appointment of FELICIA CHIU as director of public equities and fixed income for its $5 billion investments portfolio. Chiu previously worked at Farallon Capital Management and earlier was employed in the asset management industry at Hellman & Friedman, Barclays Global Investors, and Morgan Stanley.
Washington, D.C.-based Grantmakers for Effective Organizations has announced the appointment of NANCY MURPHY as vice president of special initiatives. Murphy, who will direct the organization's newly launched Scaling What Works initiative, has twenty years' experience in public policy, communications, and partnership-building and most recently consulted for organizations working in health, wellness, and sustainability. Previously, she served as senior vice president at the Case Foundation, led the corporate responsibility practice for communications firm APCO Worldwide, and served as policy director for the National Youth Leadership Council and as program officer for the Corporation for National and Community Service.
America's Charities in Chantilly, Virginia, has announced the appointment of ANTHONY DE CRISTOFARO as senior vice president and chief marketing communications officer, a new position. De Cristofaro, most recently executive director of the Combined Federal Campaign of the National Capital Area, previously worked at the United Way of the Nation's Capital and at United Way of America. Earlier, he was vice president of media for Hill and Knowlton Worldwide Public Affairs, worked with local United Way organizations in Texas and Indiana, and had his own consulting business.
The Arlington, Virginia-based Association for Fundraising Professionals has announced the retirement of president and CEO PAULETTE MAEHARA. Maehara, who has led the organization for thirteen years, will step down in March 2011 after AFP's International Conference in Chicago. Before joining AFP, she was CEO of the Epilepsy Foundation. Maehara is sharing her thoughts about retirement at AFP TV.
In other news, the Denver-based Colorado Association of Funders has announced the election of TIM SCHULTZ as board chair. Schultz, president and executive director of the Boettcher Foundation, earlier served as commissioner of Rio Blanco County, commissioner of the Colorado Department of Agriculture, executive director of the Colorado Department of Local Affairs, first chair of the Colorado Economic Development Commission, and president and chair of the nonprofit Colorado Open Lands. He will succeed Irene M. Ibarra, who is stepping down from the position as she prepares to retire as president and CEO of the Colorado Trust.