The Eugene and Agnes E. Meyer Foundation announces the recipients of its 2007 Exponent Award. The leaders represent nonprofit organizations working in the District of Columbia, Maryland and Virginia with budgets ranging from just under $1 million to more than $5 million. Meyer selected the five awardees from among 30 nominees.
The Eugene and Agnes E. Meyer Foundation, a private foundation in Washington, DC, announces that it has elected new members Deborah Ratner Salzberg, president of Forest City Washington, Inc., and Jim Sandman, senior partner in Arnold & Porter's toxic tort and product liability practice, to its Board of Directors.
The Meyer Foundation received the 2007 Morris and Gwendolyn Cafritz Foundation Community Partnership Award with the Center for Nonprofit Advancement and The Nonprofit Roundtable of Greater Washington.
The Meyer Foundation has received two gold awards for excellence in communications from the 2007 Wilmer Shields Rich Awards program. Sponsored by the Council on Foundations, the national awards program recognizes effective communications efforts to increase public awareness of foundations and corporate giving programs.
The Meyer Foundation received an award for Excellence in Service to the Arts at the 22nd Annual Mayor's Arts Awards held Monday, March 19, 2007, at the John F. Kennedy Center for the Performing Arts. The award is given to an individual or a private, public, or government organization that has demonstrated a substantial history of exemplary leadership, financial support, or other services vital to the development of the arts in the District of Columbia.
Meyer Foundation Board Vice-Chair Barbara Krumsiek Named Chair-Elect of Greater Washington Board of TradeMeyer Foundation Board Vice Chairperson Barbara J. Krumsiek has been elected chairperson of the Greater Washington Board of Trade. Krumsiek is president, chief executive officer and co-chairperson of Calvert Group Ltd., a mutual fund firm that focuses on socially responsible and fixed income investment management. She also served for 23 years with Alliance Capital Management, LP. Krumsiek joined Meyer Foundation’s Board of Directors in 2001, and was named vice chair of the board and chair of the investment committee in 2004.
The Eugene and Agnes E. Meyer Foundation has selected its first Exponent Award winners: a talented musician who created a safe haven for young people to learn and grow through artistic self-expression during the vulnerable after-school hours; a former civil servant who now leads an organization that provides free, full-day care to the District's homeless infants, toddlers and preschoolers; the founder of a legal resource center that provides a voice for hundreds of poor Asian immigrants with limited English proficiency; a creative thinker whose organization solves problems facing low-income residents of Northern Virginia; and a leader who is spearheading the rehabilitation of some of Adams Morgan's last affordable housing units.
Relentless fundraising pressure, weak boards of directors, low salaries, and lack of management support are causing many executive directors of small to mid-sized nonprofit organizations to leave their jobs. Daring to Lead 2006, a new study based on a survey of nearly 2,000 executive directors in eight metropolitan areas throughout the U.S., reports that three out of four nonprofit executive directors are likely to leave their jobs within the next five years. The report also suggests that boards of directors, foundations, and other grantmakers can play important roles in reducing burnout and turnover among executive directors.