Community Foundation Hires Chief Financial Officer and Promotes Vice President
July 28, 2016 – The Central New York Community Foundation has hired Kimberly Sadowski, CPA as Vice President and Chief Financial Officer, and promoted Frank Ridzi, Ph.D. to Vice President, Community Investment.
Kim has executive responsibility for the Community Foundation’s accounting, financial management, budgeting, audit, tax, investment and general operations. Kim is a licensed Certified Public Accountant with over 20 years of experience working in the financial sector.
Most recently Kim held the position of Chief Financial Officer for ARISE Child and Family Service, Inc., a Central New York regional non-profit organization, where she provided overall supervision, leadership and direction to the finance, human resources and information technology functions of the organization, which employs with more than 700 staff members and holds an operating budget exceeding $18 million.
Prior to her work at ARISE, Kim served as Manager for Grimaldi & Nelkin, CPAs where she prepared income, sales and payroll tax returns and performed audits, compilations and reviews for nonprofit and for-profit organizations. Kim holds a Bachelor of Science with Honors degree in Accounting from the Rochester Institute of Technology.
Frank Ridzi joined the Community Foundation in 2008 as Program Officer, after which he served as Director, Research and Community Initiatives beginning in 2012. Frank has been a driving force behind the successful work of the Onondaga and Madison County literacy coalitions, the introduction of our CNYVitals community indicators project and the Community Foundation’s Performance Management grants program and learning community. In addition, he has contributed ongoing enhancements to the Community Foundation’s grants discernment and evaluation processes.
Frank is a graduate of Le Moyne College and received his Ph.D. from Syracuse University’s Maxwell School of Citizenship and Public Affairs. He retains a connection to Le Moyne, where he is a tenured associate professor in the Sociology Department. In addition to his local work on behalf of the Community Foundation, he serves as chair of the national Literacy Funders Network and is a member of the board of the Community Indicators Consortium, a coalition focused on helping communities use data to make and measure progress.
In his new role, Frank will oversee and monitor the grantmaking process, conduct research on issues or concerns of importance to the Community Foundation, share expertise with donors and manage special projects for the Foundation.
Established in 1927, the Central New York Community Foundation encourages local philanthropy by supporting the growth of permanent charitable endowments for the betterment of the region. The Community Foundation is the largest charitable foundation in the region with assets of nearly $193 million. It awarded $11 million in grants last year to nonprofit organizations. Since its inception, it has invested nearly $150 million in the community. The Community Foundation serves as the steward of charitable legacies for individuals, families and businesses through the administration of more than 700 funds. The organization also serves as a civic leader, convener and sponsor of special initiatives designed to strengthen local nonprofits and address the region’s most pressing challenges.