Press Release

The Council on Foundations today announced that Lumina Foundation President and CEO Jamie Merisotis has assumed the role of Chair of the Board of Directors. Merisotis was elected in November 2018, and began his term as Board Chair at the Council’s Leading Together 2019 conference. He succeeds Javier Soto, who has served as Chair since 2017 and will remain on the board. Merisotis previously served as Board Vice Chair for two years.

Today, the U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations announced the 2019 winners of the Secretary’s Award for Public-Philanthropic Partnerships. The awards recognize innovative partnerships between foundations and government that have been critical in transforming communities and improving the quality of life for low-and moderate-income residents across the country.

In response to numerous articles in which some media outlets have mischaracterized the intent and impact of donor advised funds, the Council on Foundations released a joint statement from interim president and CEO Gene Cochrane and Javier Alberto Soto, chair of the Council’s board of directors and CEO and president of The Miami Foundation.

The Council on Foundations on Tuesday lauded the introduction of the Workforce Development Through Post-Graduation Scholarships Act by Representatives Darin LaHood (R-IL) and Terri Sewell (D-AL). The bill would allow charitable foundations to administer post-graduation scholarship programs to combat “brain drain,” stimulate regional economic growth, and help address the growing student debt crisis.