David Goldberg Elected Chair of Cleveland Foundation Board

Otis Moss announced as vice chair; two new members appointed to board

Release Date: 03.28.2008

CLEVELAND – The Cleveland Foundation’s board of directors today elected David Goldberg as the 18th chair in the organization’s 94-year history. The board also announced the re-election of Rev. Dr. Otis Moss Jr. as vice chair, as well as the appointment of new board members Paul J. Dolan and Ratanjit S. Sondhe.

Goldberg is chairman of the board of Cleveland-based AmTrust Bank. He also chairs the board of trustees for Neighborhood Progress Inc., and is immediate past chair of the Downtown Cleveland Alliance. He is a member of the boards of the Greater Cleveland Partnership, United Way of Greater Cleveland, University Hospitals, the Mount Sinai Health Care Foundation, and the Fund for Our Economic Future. He has been a member of the Cleveland Foundation board since 2001.

“The foundation is extremely fortunate to have in its new board chair such an experienced and talented person,” said Ronald B. Richard, president and CEO of the Cleveland Foundation. “David Goldberg has been a tremendously active board member. Over the past seven years, he has led some of our most influential committees, including our investment and grantmaking committees. His passion for securing Cleveland’s future is unmatched, and I look forward to continuing my strong working relationship with him. I know David will be an excellent chairman for the foundation.”

Goldberg succeeds Jacqueline F. Woods, retired president of AT&T Ohio (formerly SBC) and a senior advisor for Landau Public Relations, as board chair. Woods steps down from the board after two years as chair and 10 years as a director.

“I can’t say enough wonderful things about Jackie’s leadership these past two years,” Richard said. “She has been a great pleasure to work with and has been an inspiration to her fellow board members, to me and to the entire staff. Her knowledge of the community, her integrity, her constant focus on the region’s needs and her wisdom, gained from many years as a superb corporate and civic leader, were enormous assets to the foundation and to me personally. In my view, she was the quintessentially perfect nonprofit board chair. She will be greatly missed by all.”

Moss has been a Cleveland Foundation board member for nine years and is beginning his third year as vice chair. He is pastor of Cleveland’s Olivet Institutional Baptist Church. “Rev. Moss is an acknowledged spiritual and civic leader in the community, and indeed nationally,” said Richard. “We are delighted to have him back as co-chair of the board.”

Retiring from the board after 10 years of service is Benson P. Lee, president and CEO of Technology Management Inc. Of Lee, an active and innovative board member, Richard said, “Every board needs that one person who will push the envelope and get others to think differently. We were fortunate to have that in Benson Lee, who consistently helped us take our thinking to the next level. I have learned a great deal from working with him. He has certainly left his mark on this organization and we will benefit from it in the years to come.”

Incoming board members Dolan and Sondhe were both appointed to five-year terms.

Dolan is president of the Cleveland Indians, a position he has held since 2004. Previously, he served as vice president and general counsel for the team. Prior to that, Dolan was a partner for 17 years at Thrasher, Dinsmore & Dolan, a law firm based in his native Chardon, Ohio. He graduated with a bachelor of science degree from St. Lawrence University and earned his juris doctorate from the University of Notre Dame Law School.

“I am pleased to welcome Paul to Cleveland’s community foundation,” said Richard. “He is a proven civic leader who has been actively involved with a number of local organizations and is a great ambassador for Northeast Ohio. He was very helpful to the foundation on several projects prior to joining our board.”

Dolan was appointed to the board by the Cleveland Foundation’s Bank Trustees Committee, while Sondhe was appointed by the Center for Community Solutions.

Sondhe is an acclaimed author, writer and columnist. He has served as a keynote speaker at a variety of international conferences and other forums, in which he speaks on stress management, ethics and applied spirituality. Sondhe is also a radio and television host; has been a board member for the Kent State University School of Technology, the Urban League of Greater Cleveland, and the American Red Cross; and is founder and chair of both the Discoverhelp Foundation and the Business Association of Sikh Enterprises. He has master of science degrees in chemistry and polymer technology from universities in India. In addition, Sondhe is founder and president of POLY-CARB Inc., a material science company recently acquired by the Dow Chemical Company.

“Ratanjit will bring a multidimensional perspective to the board’s deliberations through his work as a business owner, an entrepreneur, a consultant, an ambassador and a motivational speaker,” Richard said. “He will be a tremendous help to us in our attempts to attract international businesses to Cleveland, and to foster high-tech industries and a more entrepreneurial spirit here. He has a deep interest in helping Cleveland’s poorest citizens through educational and other opportunities.”

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Established in 1914, the Cleveland Foundation is the world’s first community foundation and the nation’s third-largest today, with assets of $1.9 billion and 2006 grants surpassing $85 million. The foundation improves the lives of Greater Clevelanders in perpetuity by building community endowment, addressing needs through grantmaking, and providing leadership on vital issues. Currently the foundation proactively directs two-thirds of its flexible grant dollars to the community’s greatest needs: economic transformation (including advanced energy and globalization), public school improvement, early childhood and youth development, neighborhoods and housing, and arts advancement.

For more information on the Cleveland Foundation, please visit ClevelandFoundation.org.