For the primary time ever, an African American will chair the United Negro School Fund (UNCF) Board of Administrators.
Earlier this month, Atlanta enterprise and civic chief Milton H. Jones Jr. was elected to the submit, making him the primary African American to imagine the position on the philanthropic group, which was based in 1944, the group confirmed.
Jones — a founding member of Peachtree Windfall Companions Holding Firm, LLC, who has been a member of the board for nearly 20 years — beforehand served as vice chairman of the board, as effectively chairman of the finance committee.
“Since 1944, UNCF has performed an integral position in altering the life trajectory for every pupil it has served, and l look ahead to persevering with that legacy,” Jones stated in a press release.
“Our member establishments and college students stay the main target of our collective efforts. As we progress every year, we’ll develop our group by constructing upon the robust basis laid at UNCF’s inception and strengthened all through its historical past,” he continued.
Jones will succeed William Stasior Sr., CEO of Booz Allen Hamilton. Stasior beforehand held the position for 11 years. Previous chairs embrace John D. Rockefeller III; Michael H. Jordan, who served as CEO of PepsiCo’s Worldwide Meals and Beverage Division; and Jack Stahl, the previous president and CEO of Revlon.
UNCF President and CEO Michael Lomax stated in a press release that the group is “excited to have Milton develop into our new Board Chair.”
“Milton brings a wealth of enterprise data and a considerate and collaborative management method that can assist us thrive and proceed to drive UNCF’s and our HBUCs’ affect and progress,” Lomax, who has labored with Jones for years, stated.
In response to the group’s web site, UNCF is the biggest personal supplier of scholarships and academic help to African American college students within the nation. Up to now 17 years below Lomax’s management, the group stated it has raised over $3 billion “and helped greater than 110,000 college students earn faculty levels and launch careers.”
“Yearly, UNCF’s work allows 60,000 college students to go to varsity with UNCF scholarships and attend its 37 member Traditionally Black School and Universities,” the group additionally said.