After six years at the helm, Steve Gunderson will step down Sept. 1 as president and CEO of the Council on Foundations.
The council plans to name an interim leader before Gunderson’s departure and has named a search committee to find a permanent leader for the Arlington, Va.-based organization, which over 1,750 foundation members.
“After a series of conversations with the board leadership, I have concluded that this is the right time for a transition in the leadership of the council, and the right time for me to begin the next phase of my professional service,” Gunderson wrote in an open letter.
Gunderson, a former eight-term congressman from Wisconsin, took over the council in 2005 and during his tenure oversaw annual expenses that grew from about $17.7 million in 2005 to about $21 million in 2008, then fell to about $17 million in 2009, according to the council’s website and Form 990 reports filed with the IRS.
The search committee will be led by board members Judy Mohraz, president and CEO of the Virginia G. Piper Charitable Trust, and Kevin Murphy, president of the Berks County Community Foundation.
Gunderson has agreed to consult with the council during the search for his replacement.