National Philanthropic Trust appoints Walker as new Board Chair

JENKINTOWN, Pa., Feb. 14, 2013 /PRNewswire/ -- National Philanthropic Trust (NPT) is pleased to announce the appointment of Wayne R. Walker as its new Chairman of the Board of Trustees. Walker replaces two-term Board Chairman, Jeffrey R. Lauterbach. NPT manages the largest independent, national donor-advised program, is a top grant-making institution and has been named one of the 50 fastest growing charities in the country.

Mr. Walker is the principal at Walker Nell Partners, Inc., where he focuses on corporate restructuring and turnaround management, corporate governance and fiduciary services. In addition to serving on NPT's Board of Trustees, he is also on the Board of the Boys and Girls Club of Philadelphia, People for People, Inc., among others. He previously served as chairman of the Board of Directors for Habitat for Humanity International.

Eileen Heisman, President and CEO of National Philanthropic Trust, said, "I am delighted that Wayne has been elected and accepted the role of Chairman of our Board. His expertise in both business and nonprofit board leadership will benefit NPT tremendously. I look forward to working with Wayne and our other Board members to further strengthen NPT's mission of increasing philanthropy in society."

Mr. Lauterbach, NPT's outgoing Chairman, is an independent trust and wealth planning consultant. "Jeffrey has admirably served our Board for six years," said Heisman. "I am grateful to Jeffrey for all he has done to ensure NPT's continued success and I will value his friendship and counsel long after he leaves our Board."

About National Philanthropic Trust

NPT was founded in 1996. Since that time, it has raised over $3.3 billion in charitable contributions and currently manages over $1.7 billion in charitable assets.  NPT has made nearly 73,000 grants totaling almost $1.7 billion to charities all over the world and ranks among the 25 largest grant-making institutions in the United States.  NPT publishes the DAF Report, which is a unique, annual compilation and analysis of charitable organizations that sponsor donor-advised funds.  Visit www.NPTrust.org and www.NPTCAT.org. 

SOURCE National Philanthropic Trust