Sharon Alpert Set to Leave Nathan Cummings Foundation

Alpert is a board member of the National Committee for Responsive Philanthropy. The group’s president, Aaron Dorfman, said he had not been given prior notice about Alpert’s planned departure from Cummings.

The foundation’s decision to devote 100 percent of its assets to impact investments was a “great signal” to other grant makers, Dorfman said. A decade ago, it was unusual for a large foundation to place more than 2 percent of its endowment in mission investments.

Read the entire article in The Chronicle of Philanthropy.