Submitted by Anonymous on Thu, 09/01/2011 - 10:16am
Nonprofit Finance Fund Names Antony Bugg-Levine CEO
New Chief Executive
Expert in Nonprofit Management and High-Impact Philanthropy
New York – September 1,
2011 – Nonprofit
Finance Fund (NFF) has named Antony Bugg-Levine as its new CEO.
Bugg-Levine will chart the organization’s course as a leader in social-sector
lending and advocate for high-impact philanthropy. His impact investing
expertise will inform NFF’s role as a partner to a broad range of organizations
that address critical issues and harness compelling opportunities.
Bugg-Levine’s selection marks a key moment in NFF’s history as an institution
that embraces both traditional and innovative approaches to financing social
Bugg-Levine joins NFF from the Rockefeller Foundation, where he served as a
Managing Director since 2007. A champion of impact investing, Bugg-Levine
conceived, developed and led the Rockefeller Foundation’s landmark initiative, Harnessing the Power of Impact Investing.
He is co-author of the book, Impact
Investing: Transforming How We Make Money While Making a Difference, launching
next week at the SOCAP conference.
Bugg-Levine also brings deep experience in nonprofit management. Prior to
his tenure at the Rockefeller Foundation, he was Country Director for TechnoServe for Kenya and Uganda. More on
Bugg-Levine’s considerable achievements can be seen at: http://nonprofitfinancefund.org/bugg-levine
“In Antony, we’ve found a
leader who understands firsthand the considerable challenges that the nonprofit
sector faces and also embraces philanthropic innovation,” said Elizabeth C. Sullivan, NFF Board Chair and head of the CEO
search committee. “His track record of spearheading positive social
change will serve NFF well as the organization continues its charge to improve
the financial durability of the sector for the benefit of all.”
“Now more than ever, we
need to strengthen the social sector with effective financial practices as
society’s challenges grow faster than our ability to mobilize resources to
solve them,” said Bugg-Levine. “Over more than 30 years, NFF has come to
combine unmatched practical experience as a lender and advisor with a legacy of
pioneering thought-leadership. I look forward to working with the talented team
at NFF and its partners to build NFF into an even stronger voice and engine of
strategic innovation for the nonprofit sector and the broader impact investing
Bugg-Levine joins NFF as
its second chief executive in the organization’s history. Founder Clara Miller
left the organization earlier this year to lead the F.B. Heron Foundation.
Longtime NFF board member Janet Thompson has served as interim CEO.
will assume his role at NFF on October 24.
ABOUT NONPROFIT FINANCE FUND (www.nonprofitfinancefund.org)
Fund (NFF) is a national leader in nonprofit, philanthropic and social
enterprise finance. Founded in 1980, NFF provides loan financing, access to
capital and direct advisory services that build the capacity and the financial
health of nonprofits. A leading community development financial institution
with over $80 million in assets, NFF has provided over $235 million in loans
and access to additional financing via grants, tax credits and capital in support
of over $1.3 billion in projects for thousands of nonprofit clients nationwide.
NFF has a staff of 70 serving nonprofits nationally from offices in New York
City, Philadelphia, Newark, New Jersey, Boston, Detroit, Washington, D.C., San
Francisco, and Los Angeles.
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