FOR IMMEDIATE RELEASE
Charles “Chip” Simon, Chairman CFHV
POUGHKEEPSIE, NY—Community Foundations of the Hudson Valley President & CEO Sally Cross announced this week that she will be stepping down from the post she has helmed for the past three years in May, 2023, after having witnessed profound growth and impact at the regional charitable organization during her nine year tenure.
“It has been an honor and a privilege to have served the Community Foundations of the Hudson Valley in various capacities, not the least of which was being selected to serve as President & CEO in 2020. I am proud to have been part of an extremely talented team of staff, trustees and volunteers, and that I am leaving the Foundations stronger and even more effective than when I joined in 2014,” said Ms. Cross, who decided to transition out of the leadership role for personal reasons. “In nine years, our assets, and our philanthropic impact, have more than doubled, from $47 million to over $100 million dollars.”
Community Foundations of the Hudson Valley (CFHV) provides essential support to the region’s nonprofit community, administering more than $16 million in local grants and scholarships last year. Under Ms. Cross’ leadership CFHV also adopted a new strategic plan that will serve as the Foundations’ roadmap and guide its growth well into the future.
Charles “Chip” Simon, Chair of the Board of Trustees, said: “The entire Board of Trustees congratulates Sally as she begins this important personal transition. Her skills and knowledge of the CFHV’s operations are significant, and we will be working to identify a future role for her that will help her achieve a rewarding balance of personal time and continued professional satisfaction.”
A transition committee has been formed to ensure the continuity of CFHV’s day-to-day operations as well as to work with the board, staff, and community partners to conduct a formal and thorough search for a new President & CEO, stated Mr. Simon. “We all look forward to working together and will keep the community informed about our progress during the next few months,” he added.
Community Foundations of the Hudson Valley is a charitable, tax-exempt organization that delivers community and philanthropic leadership to inspire and celebrate charitable giving in the Mid-Hudson Valley. Since its origin as the Area Fund in 1969, CFHV currently administers and invests nearly 600 charitable funds for individuals and organizations and helps match community resources with community focused in Dutchess, Ulster, and Putnam Counties. The Foundations has been granted tax-exempt status under Internal Revenue Code Section 501(c)(3). Contributions to the Foundations are tax-deductible within the limitations prescribed by the Internal Revenue Code.
For more information, visit www.communityfoundationshv.org.