We are pleased to announce the election of Scott Evans as the new Chair of our Board of Trustees. Mr. Evans joined the Foundation’s Board in 2013 and has served as the chair of the Finance and Investment Committee since 2018. Mr. Evans succeeds Russell Pennoyer, a senior advisor to Brittany Capital Group, who served as chair from 2015 to 2021 and will take over as chair of the Finance and Investment Committee, a position he previously held from 2009 until 2014, and then again from 2017-2018. Mr. Evans was elected by a unanimous vote of the Trustees.
Mr. Evans is the former Deputy Comptroller for Asset Management and Chief Investment Officer for the City of New York Pension Systems, which serves as an investment advisor to the five public defined benefit pension plans covering all workers for the City of New York. Previously, Mr. Evans was Executive Vice President of TIAA-CREF and President of its Asset Management subsidiaries. Currently, Mr. Evans serves on the Investment Advisory Committee of UNOPS, a nonprofit organization based in Copenhagen, Denmark, and is a Trustee of the YMCA Retirement Fund.
Past external investment roles include serving on the investment committees of the Dutch pension fund ABP, IFRS Foundation, Tufts University Endowment, Rockefeller Family Fund (Chair) and Barnard College (Co-Chair). Mr. Evans holds the Chartered Financial Analyst (CFA) designation and is a member of CFA Society New York.
Adam Gamoran, president of the Foundation, expressed his enthusiasm for Mr. Evans’ election and his appreciation for Mr. Pennoyer’s service. “We are so pleased to welcome Scott Evans as the new chair of our Board. His proven leadership skills and ability to engage with Trustees who represent a variety of areas of expertise and perspectives are valuable assets that will serve us well. We are also grateful for the able leadership of Russell Pennoyer over the last six years, a challenging period for any funder that aims to reduce inequality and increase the use of science in policy and practice. Fortunately Russell is not leaving the Board, but will return to chair the committee that oversees our endowment, a role he has held before with great success.”
In response to his new role, Mr. Evans said, “I am honored to continue my association with The William T. Grant Foundation. The meaningful work being supported and encouraged by Adam Gamoran and his team is vital to the Foundation’s mission to improve the lives of young people. I hope to follow Russell Pennoyer’s strong example by seeing to it that the work of the Foundation continues to be supported by a strong and engaged Board of Trustees.”