Board appointments at Rasmuson Foundation, California Endowment, and more

• DOI: http://doi.org/10.1002/nba.30612
• Date: 01 June 2019
• Published date: 01 June 2019

JUNE 2019 NONPROFIT BUSINESS ADVISOR

7

© 2019 Wiley Periodicals, Inc., A Wiley Company • All rights reserved

DOI: 10.1002/nba

Industry News

Study shows crowdfunding campaigns

build trust through transparency

Nonprot groups are increasingly using crowd-

funding campaigns to do more than raise money—

they are building donors’ trust as well, a new study

shows.

Researchers at Indiana University’s Kelley School

of Business found that charities of all stripes and sizes

are taking advantage of crowdfunding campaigns on

sites such as GoFundMe, Indiegogo and Kickstarter,

both in terms of raising cash donations and by dem-

onstrating transparency. By offering updates on their

operations and providing documented proof (reports,

photos and videos) that the funds raised via the

campaign are indeed going to the stated project/use,

charities are able to build trust with the donor public.

This is especially useful for new charities or

campaigns that are set up to address a specific

need, such as recovering from a hurricane or other

natural disaster. As the researchers note, many new

organizations and campaigns seek to raise funds in

the immediate aftermath of a disaster event—but

before going through the process of being certied

as a nonprot by the federal government. In fact,

that kind of quick-footed response is one of the key

Board appointments at Rasmuson Foundation,

California Endowment, and more

Several leading philanthropic organizations have

added new members to their boards of directors in

the past few months, bringing fresh insight and a

diversity of perspectives to help guide decision-mak-

ing at their organizations. Some examples include:

• Curtis McQueen, chief executive ofcer of

Eklutna Inc., and Marilyn Romano, Alaska region-

al vice president for Alaska Airlines, have joined the

board of directors of the Rasmuson Foundation,

based in Anchorage. McQueen brings more than 32

years of experience in business, communications,

project and construction management, administra-

tive management, and governmental affairs. He also

previously worked in business development for his

tribe, the Central Council of Tlingit & Haida Indian

Tribes of Alaska.

• Kathryn Hall has succeeded Danielle Allen as

the chair of the Andrew W. Mellon Foundation’s

board of trustees. In addition, Thelma Golden and

investor Joshua S. Friedman have joined the board

of trustees. Hall has served as the board’s vice chair

since March 2018. She is founder and co-chair of

Hall Capital Partners LLC, where she serves as a

member of the rm’s Executive Committee and

Investment Review Committee. Before founding

the rm in 1994, Hall was a general partner of

Laurel Arbitrage Partners, a risk arbitrage invest-

ment partnership that she founded in 1989.

• The California Endowment has appointed

four new members to its board. Kurt Chilcott

is a leader in economic development and small

business nance, having served as the chief ex-

ecutive ofcer of the San Diego–headquartered

CDC Small Business Finance. Katherine Flores,

M.D., is an associate clinical professor in family

medicine at the UCSF School of Medicine and the

director of the UCSF Fresno Latino Center for

Medical Education and Research. Britta Guerrero

is chief executive ofcer of the Sacramento Native

American Health Center Inc., an Accreditation

Association for Ambulatory Health Care–ac-

credited Patient Centered Medical Home and

nonprot urban health center. And Vien Truong,

Esq., is president of the Dream Corps, an orga-

nization that works to bring people together to

solve America’s toughest problems by supporting

initiatives that close prison doors and open doors

of opportunity for all.

• The New York City–based Robert Rauschen-

berg Foundation has appointed three experts in

modern and contemporary art to its board of

directors: Dr. Kellie Jones, professor in art history

and archaeology and the Institute for Research in

African American Studies at Columbia University;

Dr. Glenn D. Lowry, director of The Museum of

Modern Art; and A.C. Hudgins, a well-known col-

lector of African-American art with experience in

the eld of nance. ■

(See CROWDFUNDING on page 8)