What, exactly, does it take to lose a plum seat on the board of a national nonprofit? A lot, it seems, at least in the case of Tessie Guillermo, the former chief executive of ZeroDivide, a $50m foundation based in San Francisco that collapsed abruptly in 2016, leaving troubling questions in its wake. Missing money? A …
Last June, The Chronicle of Philanthropy published my story about Luz Vega-Marquis, who has led the Marguerite Casey Foundation since 2001 . The headline was nuanced: Praised for Pathbreaking Grants, Marguerite Casey CEO Said to Foster a Culture of Fear by Staff Members. So, in my view, was the story. Vega-Marquis rightly has been acclaimed for her “longstanding commitment …
There’s a lot to like about the Marguerite Casey Foundation, a Seattle-based private foundation with about $800m in assets that, since its inception nearly 20 years ago, has been led by a advocate for social change named Luz Vega-Marquis. Leaders of social-justice organizations lavish praise on Vega-Marquis for providing multi-year and unrestricted support to grass-roots organizations that …
Nonprofit Chronicles 