Julia Stasch Chosen To Lead MacArthur Foundation, Accelerate Change And Deepen Impact

CHICAGO, March 11, 2015 /PRNewswire-USNewswire/ -- Julia M. Stasch, who has served as interim president for the past eight months, has been chosen as the next President of the John D. and Catherine T. MacArthur Foundation.  Her leadership has already led to a greater sense of urgency, more focus, and enhanced impact in the Foundation's grantmaking and its creative efforts to help address some of the world's most challenging social problems.

"During a far reaching presidential search over the past eight months, we watched Julia rapidly changing the work and the point of view of the foundation.  We realized that she was already the president that we hoped to find," said MacArthur board chairman Marjorie Scardino.  "We wanted someone with a breadth of experience, who thinks big and has a bias for action, who has run a complex organization and can select and lead smart people.  Julia has shown us that she is that person."

Specifically, Stasch and the Foundation's staff have –

• Launched the Safety and Justice Challenge, a $75million effort to reduce over–incarceration by addressing the overuse and misuse of jails in America, and joined with partners across the political spectrum to make the criminal justice system at all levels more fair and effective;
• Designed a soon-to-be-launched innovative effort to deliver useful capital for the social sector through the creation of market-making investment products and tools;
• Started a process to spin off the highly successful work in digital media and learning, so it can achieve greater scale and impact;
• Begun to focus the Foundation on fewer programs to free up future resources and enable deeper impact; and
• Planned exciting future work, including on climate change and nuclear security.

"I am honored to be asked to help bring MacArthur's significant assets to bear on the complex and challenging problems of our times," said Stasch.  "I will do it with the urgency, rigor, and humility that this work requires, and with a deep respect for the many organizations and individuals that actually do the hard work of making the world a better place.

"Even as we support existing work and explore new areas, we also will seek public input into the design of a new competition that will offer $100 million for meaningful progress in solving a single important social problem," said Stasch.

Before becoming interim president, Stasch served as Vice President for MacArthur's U.S. Programs for 13 years.  She oversaw numerous successful national initiatives in the public, private, and philanthropic sectors.  At MacArthur, she led work in juvenile justice, affordable rental housing, community development finance, and policy research, as well as community and economic development in Chicago. 

Before joining MacArthur, she was chief of staff for Mayor Richard M. Daley, housing commissioner for the city of Chicago, deputy administrator of the 20,000-person General Services Administration, president of Shorebank Chicago Companies, which included Shorebank, the nation's first community development bank. 

Earlier, as president and chief operating officer of real estate development company Stein & Company, she was nationally known for efforts to open up opportunities in the construction industry for women and minorities in the workforce and for woman- and minority-owned businesses.  She has a summa cum laude degree in history from Loyola University Chicago and a master's degree from the University of Illinois Chicago.  She currently serves on the steering committee of World Business Chicago's Plan for Economic Growth and Jobs.

The John D. and Catherine T. MacArthur Foundation supports creative people and effective institutions committed to building a more just, verdant, and peaceful world. In addition to selecting the MacArthur Fellows, the Foundation works to defend human rights, advance global conservation and security, make cities better places, and understand how technology is affecting children and society.

SOURCE MacArthur Foundation

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http://www.macfound.org