Rockefeller Philanthropy Advisors Welcomes Three New Members to Its Board of Directors

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New additions to the Board include Chung and returning members Ragin and Rockefeller Wayne, leaders in philanthropy, impact investing, and special education

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Kyungsun, Luther, and Valerie are authorities in global philanthropy and impact investing, and we are honored with the opportunity to leverage their unique expertise.

Rockefeller Philanthropy Advisors (RPA), one of the world’s leading nonprofit philanthropy services, announced today three new members to its Board of Directors: Founder and CEO of Root Impact Kyungsun Chung, former President and CEO of the Global Impact Investing Network (GIIN) Luther M. Ragin, Jr., and education leader Valerie Rockefeller Wayne.

“Kyungsun, Luther, and Valerie are authorities in global philanthropy and impact investing, and we are honored with the opportunity to leverage their unique expertise,” said Melissa Berman, President and CEO of Rockefeller Philanthropy Advisors. “I have no doubt that their guidance will inspire others to continue the Rockefeller family’s legacy of effective giving and social investment, and I look forward to expanding RPA’s portfolio with them.”

“Our Board consists of authorities in a number of different fields, but all of them believe in the power of thoughtful philanthropy and the tangible impact RPA’s wide range of work can have,” said Kevin P. A. Broderick, Chairman of the Board. “We welcome our three new members as we continue expanding our services into different countries, fields, and partnerships, and we are excited to see how their profound knowledge will contribute to philanthropic innovation.”

The three new members of RPA’s Board of Directors are:

  • Kyungsun Chung: Founder and CEO of Root Impact, a non-profit focusing on building capacity for the social innovation sector in Korea, Kyungsun has partnered with RPA to fund and co-develop the “Global Philanthropy Accelerators” program for next-gen donors. Prior to founding Root Impact, he was Founding Member of the Non-Profit Business Team at Asan Nanum Foundation, one of the largest privately endowed foundations in Korea. His main role was to design capacity building systems for non-profit professionals and organizations in Korea. He is also a frequent speaker on philanthropy and social innovation throughout Asia.
  • Luther M. Ragin, Jr.: Prior to joining GIIN as the President and CEO, Luther served as Vice President for Investments at New York-based F.B. Heron Foundation for over 10 years. He oversaw the F.B. Heron Foundation's endowment, built a portfolio of more than $260 million, steadily increased the impact investing allocation to more than 40 percent, and maintained competitive, risk-adjusted financial returns. Before joining the Foundation in 1999, Luther was the Chief Financial Officer of the National Community Capital Association, the Chief Financial Officer of Earl G. Graves, Ltd., and the Vice President of Syndications/Assets Sales for the North American Corporate Finance Sector at Chase. He is a member of the board of directors of Social Finance U.S. and is an adjunct lecturer in public policy at the Harvard Kennedy School.
  • Valerie Rockefeller Wayne: As a middle school special education teacher specializing in adolescents with learning and emotional disabilities, Valerie began her teaching career at Central Park East Secondary School in East Harlem, New York, and has spent time teaching in Australia. She also served as a confidential assistant to Secretary Richard Riley at the U.S. Department of Education during the first Clinton Administration. A former trustee of Spelman College, she currently serves as the Chair of the Rockefeller Brothers Fund; a trustee of D.C. Preparatory Academy, Teachers College Columbia University, and RPA; and a Vice Chair of the Asian Cultural Council.

For a complete list of RPA’s current board members, please visit http://rockpa.org/page.aspx?pid=289.

About Rockefeller Philanthropy Advisors
Rockefeller Philanthropy Advisors (RPA) is a nonprofit organization that currently advises on and manages more than $200 million in annual giving by individuals, families, corporations, and major foundations. Continuing the Rockefeller family’s legacy of thoughtful, effective philanthropy, RPA remains at the forefront of philanthropic growth and innovation, with a diverse team led by experienced grantmakers with significant depth of knowledge across the spectrum of issue areas. Founded in 2002, RPA has grown into one of the world’s largest philanthropic service organizations and, as a whole, has facilitated more than $3 billion in grantmaking to nearly 70 countries. RPA also serves as a fiscal sponsor for more than 25 projects, providing governance, management and operational infrastructure to support their charitable purposes. For more information, please visit http://www.rockpa.org.

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