The Eugene and Agnes E. Meyer Foundation, a private foundation serving the Greater D.C., region, announces the recipients of its 2009 Exponent Award. The award recognizes outstanding nonprofit leadership in the Greater Washington, DC region and includes $100,000 for the recipient’s organization.
The five leaders represent nonprofit organizations working in the Washington region with budgets ranging from $500,000 to more than $6 million. The recipients range from first-time executive directors to seasoned leaders with years of experience. Bios, photos, and video/audio clips of the five honorees are available at www.meyerfoundation.org/exponent09.
The Exponent Awards provide winners with resources to increase their leadership skills and to support and sustain them at a critical time in their tenure. Many regional and national nonprofits are facing one of their most difficult years, with an economy that has dramatically increased need, reduced resources, and included additional challenges, such as decreased or delayed funding.
“Nonprofit leaders are the often invisible heroes of our communities, and in this economy they are being asked to do so much more with so much less,” says Julie L. Rogers, president and CEO of the Meyer Foundation. “Each of these leaders demonstrates astute business skills, an unwavering passion for their mission and the creativity, resilience and agility needed to navigate their organizations through challenge and change.”
In addition to entrepreneurial leadership, the Foundation considered each nominee’s success at increasing the impact of the organization’s work, instituting sound financial management and serving as a collaborative community leader.
The Meyer Foundation created the Exponent Awards in 2006 as a response to its national study Daring to Lead 2006, which revealed that three out of four nonprofit executive directors of small and mid-sized organizations were likely to leave their jobs due to a number of factors. An independent evaluation of the Exponent Awards confirmed the program has significantly increased the visibility of its recipients and generated more than $2 million in additional funding for their organizations.
The Meyer Foundation is one of Greater Washington, D.C.’s oldest and most experienced private grant making foundations. For more than 65 years it has strengthened Greater Washington as a community by supporting capable, community-based nonprofit organizations that foster the well-being of all people in the region.