NEW YORK--(BUSINESS WIRE)--The Starr Foundation today announced that Courtney O’Malley has been named as its president, succeeding the late Florence A. Davis, the Foundation’s longtime leader and board member.
Courtney brings more than 30 years of experience in non-profit leadership and large-scale grant-making to the role, having most recently served as executive director of the Theodore J. Forstmann Charitable Trust. Previously she spent more than a decade as a vice president at The Starr Foundation, where she co-created and led the Foundation’s involvement in the award-winning New York City Acquisition Fund, oversaw domestic and international giving, and promoted private-public partnerships to address entrenched social issues related to poverty.
“We were fortunate to be able to bring Courtney back to the Foundation in this critical role,” said Maurice R. Greenberg, Chairman of The Starr Foundation. “It is difficult to replace a strong leader like Florence Davis. But the board and I believe that Courtney has the right management skills, vision and non-profit experience to carry on Mr. Starr’s legacy and ensure that the Foundation continues to make a difference for the people and organizations whose efforts we support in New York City and around the world.”
“I am honored to have the opportunity to lead this exceptional organization,” Ms. O’Malley said. “Thanks to Florence Davis and our talented staff, the Foundation is well positioned to sustain its momentum and impact. I look forward to working with Mr. Greenberg and the Board to guide us into a new era.”
Courtney is based at The Starr Foundation’s offices in New York City.
About The Starr Foundation
The Starr Foundation was established in 1955 by Cornelius Vander Starr, an insurance entrepreneur who founded C.V. Starr & Co. and other companies. Mr. Starr, a pioneer of globalization, set up his first insurance venture in Shanghai in 1919. Mr. Starr died in 1968 at the age of 76, leaving his estate to the Foundation. Mr. Starr’s wish was that his partners continue to run his foundation and his companies after his death. Under the leadership of its longtime chairman Maurice R. Greenberg, The Starr Foundation has grown to become one of the largest private foundations in the United States, with approximately $1.5 billion in assets. The Foundation has made more than $4.0 billion in grants worldwide in education, medicine and healthcare, human needs, public policy, culture, and the environment.
Visit us at www.starrfoundation.org.
