Today, my story in the Chronicle of Philanthropy reports on a complaint filed by the attorney general of CA against ZeroDivide, its former CEO Tessie Guillermo and other officers and directors of the defunct and disgraced foundation. San Francisco-based ZeroDivide collapsed abruptly in 2016, leaving unpaid debts, unanswered questions, and a trail of hurt behind. …
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 …
Nonprofit Chronicles 