Red Deer and District Community Foundation looking for new leader

The Red Deer and District Community Foundation is looking for a new CEO.

After the departure of Kristine Bugayong, who had been CEO for eight years, and with the foundation for 12 years, the hunt begins for a new leader.

“Searching for a new leader also provides an opportunity for the board of directors to take a look at future directions and how we can have a greater impact across our community,” said foundation board chair Patrick Malkin.

Erin Peden, who has served as foundation director of grants and administration, will lead the organization in the interim.

She said “essentially, the foundation is our community savings account.”

“By pooling donations and saving them forever in our endowment funds, we offer community members a way to provide for their chosen causes permanently,” Peden said.

Since 1989, the foundation has been a grant maker, investing in projects, programs and organizations.

With an endowment of $14.7 million, the foundation manages 140 funds.

The foundation has disbursed grants valued at more than $10.5 million across central Alberta.

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