Please do not leave this page until complete. This can take a few moments.
Following a tumultuous two years at the top of the organization, the Greater Worcester Community Foundation has selected New York foundation executive Peter Dunn to be its new president and CEO.
He will succeed interim CEO and president Tim Johnstone and will start on Aug. 1, according to a Wednesday announcement from the foundation.
"I am proud to be part of an organization with such a longstanding history of impact in the Greater Worcester area,” Dunn said in a Wednesday press release. “The foundation's commitment to promoting philanthropy and supporting nonprofits is critical to building a strong and vibrant community. I look forward to working with the board, staff and community partners to build on the foundation's legacy of impact and develop innovative solutions that address the evolving needs of the Greater Worcester area. Our collective efforts will help ensure that everyone in the community has access to the resources and opportunities they need to thrive.”
Dunn comes into the GWCF at a time when the foundation needs stable footing after its previous full-time CEO Jim Ayers left his position on June 3. Ayers held the position for five months and left due to personal reasons. He replaced Barbara Fields, who left the foundation in March 2021 after 19 months as president and CEO. Johnstone served as interim CEO as GWCF searched for a permanent CEO.
Dunn has been the CEO of the Central New York Community Foundation in Syracuse for 15 years. In January he announced a planned departure from the foundation for June of this year. According to Wednesday’s press release, CNYCF’s assets nearly quadrupled from $110 million to $399 million under Dunn’s leadership. The organization’s annual grantmaking increased from $5.2 million in 2008 to $18.1 million in 2022. Over the past 15 years, CNYCF has handed out more than $200 million in grants.
"Peter's extensive experience in community leadership and philanthropy will help us continue to advance our mission in Worcester, and all of Central Massachusetts,” GWCF Board Chair Christopher Collins said in a press release. “His expertise, his vision, and his passion for serving with, and for, others to improve communities will help build on our legacy of impact and create a brighter future for Worcester. I also want to express my gratitude for the exceptional leadership provided by Tim Johnstone during the past year. ”
The incoming GWCF president shares the same name with Peter Dunn, the City of Worcester’s chief development officer. The two are not related.
Before joining CNYCF, Dunn was vice president, philanthropic services and chief development officer at the California Community Foundation in Los Angeles, one of the nation’s largest community foundations. He is a member of the Community Foundations National Standards Board.
The GWCF is Central Massachusetts’ leading community foundation. Since 1975, GWCF has built a $198 million endowment and has awarded close to $146 million in grants.
Great news! Welcome, Peter!
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
1 Comments