President and CEO

President and CEO
Akron, OH 

The New Foundation, Inc. is a newly created independent Ohio nonprofit philanthropic foundation formed and funded as a result of the pending affiliation of Summa Health System (Summa) with Health Assurance Transformation LLC (HATCo). As a result of this affiliation, this yet-to-be-named Foundation is seeking its inaugural President & CEO to work with the inaugural board of directors to establish, build, manage, and govern this new multimillion dollar entity.

The first appointed, or inaugural, President & CEO of this organization will have the enviable opportunity to help establish a new health conversion foundation of significant size and potential impact. A Workstream Task Force, in concert with a corps of talented professionals, has structured and executed the foundation’s essential legal infrastructure, including tax exempt status and key governing documents. The first appointed President & CEO, nevertheless, will have the opportunity to build the foundation from the ground up. This includes establishing best practices in structure, policies, and operations. The President & CEO will play a crucial role in working with the inaugural Board to further hone the organization’s brand and engagement with the community, specific grantmaking program guidelines, fundraising guidelines, areas of programmatic interest, and monitoring ongoing compliance of HATCo with the terms and conditions of the affiliation.

The position of President & CEO will be a visionary and transformative role in order to build a sustainable and impactful organization for current and future generations. This individual will engage with the various and unique communities the Foundation represents to identify health and wellness needs and administer the grant review and grantmaking process in support of the mission/vision. The President & CEO will also keep abreast of trends and policies on a national level that can be translated to benefit the greater Akron communities.

The New Foundation seeks a candidate with a minimum of seven years’ experience in nonprofit foundation management. Candidates should have experience in the health and wellness or tangential sectors. Experience building an organization and navigating a “start-up” period will be especially valuable. At a minimum, a bachelor’s degree from a four-year college or university is expected. Formal education at the graduate level is preferred.

The salary range for this position is between $350,000 and $400,000 and will be commensurable with experience. The New Foundation will offer a generous benefits package including medical, dental, retirement, Paid Time Off and 12 paid holidays.