Funder regroups – Focus on donors

By Todd Cohen

RESEARCH TRIANGLE PARK, N.C. — The Triangle Community Foundation is revamping its staff as part of its effort to better serve donors and keep pace with rapid growth.

A search is underway to fill the newly created position of executive vice president, which will be responsible for developing the foundation’s internal leadership and directly overseeing its development, communications and marketing operations.

Shannon St. John, executive director of the $88 million-asset foundation, has become president, and will focus her attention on board development and relations, strategic planning and policy, and external relations.

Fred Stang, associate director, has been named director of development.

The moves come in the wake of a recent overhaul in the way the foundation – which has on average has posted asset growth of 40 percent a year since 1994 — makes small grants and the launch of a new program to make big grants.

The changes also follow the departure of Tony Pipa, who resigned as director of philanthropic services to become executive director of the D. Michael Warner Foundation.

The foundation has promoted Beverley Francis to succeed Pipa. Francis was the foundation’s philanthropic services officer and previously was executive director of Durham-based Women-In-Action for the Prevention of Violence and Its Causes.

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