The Eugene and Agnes E. Meyer Foundation, a private foundation serving the Greater Washington, DC region, announces the recipients of its 2010 Exponent Award. The award celebrates visionary nonprofit leadership in the region and includes a $100,000 cash award for the recipient’s organization.
The 2010 award recipients are:
Accomplishments, bios, photos, and video clips of the five Exponent Award honorees are available here.
The goal of the Meyer Foundation’s Exponent Award program, now celebrating its fifth anniversary, is to provide winners with the resources to boost their leadership skills and to support and sustain them at a critical moment. Many nonprofits regionally and nationally are facing the most difficult time in their tenure, with an economy that has dramatically increased need, reduced resources, and included additional challenges, such as decreased or delayed funding. “Nonprofits are community lifelines,” says Julie L. Rogers, president and CEO of the Meyer Foundation. “Our goal is to raise the visibility of their work so our community will step up its support.”
In addition to effective leadership, The Foundation considered each nominee’s success at increasing the impact of the organization’s work, instituting sound management, and serving as a collaborative community leader. “Each of these leaders demonstrates astute business skills, an unwaivering passion for their mission, and the creativity, resilience, and agility needed to navigate their organizations through challenge and change,” says Rogers.
The Meyer Foundation created the Exponent Awards 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 are likely to leave their jobs due to a number of factors. An independent evaluation of the program confirmed that the Exponent Awards significantly increased the visibility of its recipients and has generated $3.5 million in additional funding for these organizations. (Meyer will release an update of Daring to Lead in the spring of 2011.)
Click here for more about the criteria for the award and its history.