Dr. Matt Martinez, Chairman of the Board of the Weld Community Foundation, announced today that Rand E. Morgan President/CEO, will tender his resignation effective December 31, 2023.
Morgan plans to retire at the end of the year and looks forward to spending more time with his family and to travel.
A search committee comprised of past, current, and upcoming Foundation Board Chairs is in the process of defining the search parameters, and getting the position advertised in all appropriate mediums. It is the goal of the Foundation’s Search Committee to conduct an extensive search and have a new president in place by January 1, 2024.
Board Chairman Dr. Martinez said, “Rand Morgan has served the Foundation, the fund holders, donors, and grant recipients so well for nine years.” He added that during Morgan’s tenure the assets of the Foundation have tripled from $18 million to more than $54 million.
Through engaged philanthropy, the Weld Community Foundation works to strengthen the bonds that make Weld County communities thrive. The Foundation employees 4 full-time and one part-time staff who help donors establish values-based charitable funds which provide grants to dedicated nonprofits and scholarships to deserving Weld County students. Last year Weld Community Foundation awarded $3 million in grants, scholarships, and program support.
“The Foundation will miss Rand’s leadership, and we look forward to finding someone who will build upon those successes and help the Community Foundation move strongly into the future,” Martinez said.