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National Philanthropic Trust Welcomes Board Member
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Lisa Pattis has been appointed to the Board of Trustees at the National Philanthropic Trust (NPT), the largest independent public charity managing donor-advised funds in the U.S. Pattis brings extensive experience in corporate law, global investing, and philanthropy. Previously, she was General Counsel at Wintrust Financial Corporation (NASDAQ: WTFC) and has held leadership roles in various organizations. NPT has raised over $40.5 billion since its inception, making more than 541,000 grants totaling over $21.0 billion to nonprofits worldwide.
Positive
Lisa Pattis brings significant leadership experience to the board, which may enhance NPT's governance and strategic direction.
Pattis' background in corporate law and investments could strengthen NPT's philanthropic initiatives and grantmaking effectiveness.
Negative
Concerns may arise regarding continuity and experience gaps on the board due to the transition.
Potential challenges in aligning Pattis' extensive corporate experience with NPT's philanthropic mission.
Lisa Pattis joins the Board of Trustees at the largest national, independent donor-advised fund public charity
JENKINTOWN, Pa.--(BUSINESS WIRE)--
National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds, and one of the leading grantmaking institutions in the U.S., is pleased to announce the appointment of Lisa Pattis to its Board of Trustees.
“Lisa Pattis’ history of leadership in corporate law and global investing, and long involvement with philanthropy will make a great addition to our board,” said Eileen Heisman, CEO of National Philanthropic Trust. “We are pleased to welcome Lisa as a new Trustee to support our mission of advancing philanthropy around the world.”
Pattis is President of Next Chapter Holdings, which manages investments for the Pattis Family and The Pattis Family Foundation. Previously, Pattis was General Counsel of Wintrust Financial Corporation (NASDAQ: WTFC) and a partner at Sidley Austin, LLP for 17 years, where she specialized in corporate governance, securities law, and strategic counseling for major publicly traded and privately held companies, and families.
Pattis has been repeatedly recognized for her leadership, including being named to Crain’s Chicago Business 40 Under 40, selected as a Leadership Greater Chicago Fellow, and honored for her work as a top general counsel. Pattis serves as a trustee of The Newberry Library and the Foundation Board of Children’s Home & Aid Society, and previously served as board chair of Women Employed.
Pattis earned her Juris Doctorate from Northwestern University, a Master of Arts from Stanford University, and a Bachelor of Arts from Princeton University.
About National Philanthropic Trust Founded in 1996, National Philanthropic Trust (NPT) is the largest national, independent public charity that manages donor-advised funds and one of the leading grantmaking institutions in the U.S. Since its founding, NPT has raised more than $40.5 billion in charitable funding and has made more than 541,000 grants exceeding $21.0 billion to nonprofits around the world. NPT annually publishes the Donor-Advised Fund Report, the sector’s authority on the state of DAF philanthropy. Visit NPT’s resource library to learn what you can do with a DAF and about NPT impact investing solutions. More at NPTrust.org and NPTGivingPoint.org.
Lisa Pattis has been appointed to the Board of Trustees at the National Philanthropic Trust, contributing her expertise in corporate law and global investing.
What is the National Philanthropic Trust?
The National Philanthropic Trust is the largest independent public charity in the U.S. managing donor-advised funds.
How much has the National Philanthropic Trust raised since its founding?
The National Philanthropic Trust has raised over $40.5 billion in charitable funding.
What impact might Lisa Pattis have on the National Philanthropic Trust?
Pattis' corporate law and investment background may enhance NPT's governance and strategic initiatives.
What are the concerns related to Lisa Pattis joining the Board of Trustees?
Concerns include potential continuity issues and aligning her corporate experience with NPT's philanthropic mission.