Denver, CO – Rose Community Foundation has named Gretchen Lenamond as the organization’s new Chief Financial Officer, a position that manages financial and operational functions across the organization, including investment portfolio oversight, grantmaking operations, accounting and compliance functions, and technology. In this role, Lenamond works closely with the Foundation’s Board of Trustees, Audit/Finance and Investment committees and its investment advisors to direct the organization’s financial strategies and manage the Foundation’s endowment, including assets the Foundation stewards for donor-advised fundholders and nonprofit organizations.
Lenamond has served as Rose Community Foundation’s controller since August 2017. She assumed her new role on June 21, 2019, following the retirement of chief financial and operating officer Anne Garcia.
“For someone who enjoys giving back to the community, Rose Community Foundation has been an incredible professional home for me,” said Lenamond. “I very much enjoy working with the Rose Community Foundation board, staff and partners and am excited to officially step into the role of CFO – continuing our organizational commitment to values-driven, strategic philanthropy and thoughtful stewardship of donor assets.”
Prior to joining Rose Community Foundation nearly two years ago, Lenamond spent 17 years at the Daniels Fund, one of the largest private foundations in Colorado, where as Vice President of Finance she was responsible for providing direction for the accounting, tax, audit, insurance, budget, compliance, payroll, benefits and treasury functions of the organization. Before joining the Daniels Fund, Lenamond served as Vice President of the Financial Services Division for Marsh and McLennan, the nation’s oldest and largest insurance brokerage and consulting services firm, where she gained recognition as an expert in mergers and acquisitions, corporate securities litigation, and employment practices liability.
“Gretchen brings vast financial experience and expertise to the role of CFO along with an extensive background in philanthropy,” said Lindy Eichenbaum Lent, Rose Community Foundation’s president and CEO. “She was already a highly valued member of our finance and executive leadership teams, and I am excited to work with her in her new role.”
Lenamond holds a bachelor’s degree in mathematics from the University of New Hampshire and received an MBA from the University of Denver, Daniels College of Business. A member of the Foundation Financial Officers Group (FFOG) and the Foundation Tax Group, she serves on the board of directors, finance committee and executive committee for Habitat for Humanity of Metro Denver and is a former board member and treasurer of Community Shares of Colorado.
With Lenamond’s appointment to CFO, Emma Schwarz is being promoted to the role of controller. Schwarz has been the Foundation’s accounting and benefits manager for the past six years.
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About Rose Community Foundation
Rose Community Foundation strives to enhance the quality of life of the Greater Denver community through leadership, grantmaking and donor engagement – stewarding philanthropic resources and investing in strategic and innovative solutions to enduring challenges and emerging issues. Since its founding in 1995, the Foundation has facilitated nearly $40 million in grants from its donors to a variety of nonprofit organizations while additionally granting more than $253 million to organizations and initiatives primarily focused on Aging, Child and Family Development, Education, Health and Jewish Life in seven-county Greater Denver—recently adding a cross-programmatic community action overlay of support for nonprofit organizations serving immigrants, refugees and communities vulnerable to discrimination and hate crimes. The Foundation has $308 million in total assets under management, with annual grantmaking of nearly $25 million.