CHRISTIANSBURG – Andy Morikawa, executive director of the Community Foundation of the New River Valley, will retire at the end of the year.
“It is with feelings of both deep appreciation and regret that the Board receives Andy’s notice of retirement,” says CFNRV Board President Robert Nicholson III.
Incorporated in 1994, the CFNRV is a public, not-for-profit organization dedicated to enhancing the quality of life in Floyd, Giles, Montgomery and Pulaski counties and the City of Radford.
When Morikawa joined the foundation in 1997, it had three endowed funds totaling $46,000. Today, the organization has grown to 121 funds totaling $5.8 million.
In the past 18 months, Community Foundation has awarded 256 grants and 75 scholarships totaling $364,000 to nonprofits and students throughout the New River Valley. Since 1997, it has awarded more than $1.86 million in grants and scholarships.
“It is due to Andy’s servant leadership that the Community Foundation has become a leading light in the New River Valley and all of Virginia,” said Nicholson. “Andy built a strong foundation on which to continue our mission of serving donors, making grants and scholarships, and bringing people together to build community in the New River Valley.”
Morikawa notified the board of directors in 2009 of his retirement plans in an effort to provide a smooth leadership transition. As part of the board’s succession plan, the Community Foundation hired its first associate executive director, Jessica Wirgau, earlier this year to assist in day-to-day operations.
The boards plan calls for a new executive director to be hired in the fall to work with Morikawa during a transition period before his retirement Dec. 31.
“My hope is that the transition to a new executive will be seamless and abiding,” said Morikawa. “I will work with that person fully and trust that he or she may embark on the next leg of the foundation’s journey filled with the same spirit of community that has guided me these past 14 years.”
Morikawa and his wife, Susan, a foundation volunteer, will continue to live and work in the New River Valley. They look forward to continued involvement with Community Foundation activities.
For more information on Community Foundation, call (540) 381-8999 or email email@example.com.