Knight Foundation is bidding farewell to three key board members this month, and honoring their legacy of service with $50,000 each in support of nonprofits in Miami, Boston and Chicago.
Stepping down are Cesar Alvarez, executive chairman of international law firm Greenberg Traurig; Paul Grogan, president of The Boston Foundation; and John Rogers, chairman and CEO of Ariel Capital Management. Alvarez, Grogan and Rogers served as the chairs of the Audit Committee, the Program Committee and the Investment Committee, respectively. All were term-limited, after serving two, successive six-year terms as trustees.
In honor of their service, Knight Foundation will award $50,000 each to an organization recommended by each of the retiring trustees. Cesar Alvarez proposed support for El Memorial Cubano, a monument dedicated to victims of the Castro regime. Led by a small group of former Cuban political prisoners, the project will create a stone wall in Southwest Miami engraved with names of those who have died. Alvarez immigrated to the United States from Cuba with his family as a teen and now heads the country’s seventh largest law firm.
Paul Grogan asked Knight to create a donor-advised “Opportunity Fund” at The Boston Foundation to build the capacity of nonprofits that focus on producing upward mobility for low-income minority youth in Boston. Throughout his career, Grogan has been a champion of American cities. Knight will miss his insights as chair of the Program Committee, which oversees all of the foundation’s investments in communities, journalism and media innovation and the arts.