Foundation leader will retire at the end of the year

March 29, 2022

The Foundation today announced that, after ten years with the Foundation, our Chief Executive Officer, Linda Beech Cutler, will step down at the end of the year. Cutler’s tenure began when the Foundation was celebrating its 30th anniversary, and she has led the organization into its 40th year in a strong financial and operational position.

“Linda’s leadership has been transformative. She has faced challenges head-on and identified and acted on opportunities that have resulted in the Foundation’s ability to make an even greater impact,” said Kate Stille, Chair of the Foundation’s Board of Directors. “Linda has made it a priority to blend thoughtfulness, commitment, and a passion to make her work — and that of her staff’s — matter every step of the way. We wish her the very best in her next phase.”

During her tenure, Cutler worked closely with the Board of Directors and senior leadership on the development of two multi-year strategic plans, and led ten Big Days of Giving, which raised millions of dollars for hundreds of area nonprofits. She has elevated the Foundation’s total assets to $200 million and has brought the Foundation’s annual grantmaking from fundholders and Foundation-based grants to an all-time high of nearly $20 million annually.

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“I am so proud of the incredible team I have had the opportunity to work alongside and am privileged to have worked with a Board of Directors that has been such a strong guiding force for me these past ten years,” said Linda Beech Cutler. “As for my next chapter, I intend to stay local and continue to add value to the region as an individual contributor, including as a Foundation fundholder, and spend time with my children and their families who live on the east coast and abroad.”

The Foundation’s Board of Directors will oversee the process to choose Cutler’s successor and will hire a national executive search firm to assist with the selection process. The objective is to have the new Chief Executive Officer in place this fall to allow time for a smooth transition.

 

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