Tuesday, June 10, 2014
More Details Emerging About Greer's Ouster from Nathan Cummings Foundation
A report in The Chronicle of Philanthropy has shed more light on what led to the announcements Tuesday from the Nathan Cummings Foundation that Simon Greer leaving his post as CEO.
The Chronicle reports that Greer, who was hired as CEO in 2011 to give the foundation a more prominent profile, "was apparently fired just as he began to put in place a radical overhaul that will focus grant making on two new priorities—reducing income inequality and fighting climate change."
According to the Chronicle, the planned changes have "been especially controversial among progressive Jewish organizations, many of which fear they will lose funding. The foundation had been giving about $6-million a year to Jewish causes before the strategic shift."
Despite Greer's departure, board chair Adam Cummings told the Chronicle, the foundation remains committed to the strategy of focusing on income inequality and climate change...