"A Decade of Capital Aggregation: Reflections from EMCF"
President and Chief Executive Officer
Edna McConnell Clark Foundation
Rhodes Conference Room
201 Science Drive
About the Speaker:
Nancy Roob is President and Chief Executive Officer of the Edna McConnell Clark Foundation. She played a major role in developing and implementing EMCF’s grantmaking strategy of making large, long-term investments in building the organizational capacity and evidence base of nonprofits whose programs have the potential to lift the life prospects of greater numbers of America’s most disadvantaged youth. She also pioneered a form of coordinated, collaborative investment, called growth capital aggregation. In the fifteen years of her presidency, she has succeeded in attracting hundreds of millions of dollars from other foundations and individual philanthropists to the growth capital aggregation funds. Moreover, the Edna McConnell Clark Foundation’s practice, originally launched by her predecessor Michael Bailin, which involves selecting as grantees organizations with a proven track record of impact and providing them with general operating support and consulting support in strategic planning and board-building to scale up in order to reach a wider range of beneficiaries, seems to be catching on among other foundations and individual philanthropists.
Before becoming president in 2005, Roob was the Foundation’s vice president and chief operating officer. Prior to that, she developed EMCF’s Program for New York Neighborhoods, which launched community-building and neighborhood-stabilization projects in the South Bronx and Central Harlem. One of the projects this program supported evolved into the Harlem Children’s Zone, whose success has inspired legislation to create “Promise Neighborhoods” throughout the nation. Before she joined the Foundation in 1994, Roob worked for the Boston Persistent Poverty Project, a program of the Rockefeller and Boston foundations; the Fund for the Homeless, a project of the Boston Foundation; and the Child Care Resource and Referral Center, also in Boston.
Roob is a graduate and trustee of Hamilton College, and holds a master's degree in public administration from Harvard’s Kennedy School of Government.
About the Seminars:
The Foundation Impact Research Group (FIRG) seminars explore the relationship between strategic choice-making and impact measurement in foundations and not-for-profit organizations.