New board chair and retirement of longtime board members herald exciting next chapter for CFOS
MONTGOMERY, NY (August 6, 2024) – The Community Foundation of Orange and Sullivan (CFOS) is proud to announce significant leadership changes, marking the end of an era and the beginning of a new chapter.
Rich Shapiro, Esq. has concluded his impactful tenure as the Board Chairman of CFOS, serving from 2022 to 2024. A highly respected estate planning attorney and dedicated board director since 2007, Shapiro brought a deep understanding of the Community Foundation’s value to his role. Under his guidance, CFOS distributed nearly $8 million in charitable grants and scholarships, and the Foundation’s assets grew to an impressive $57.5 million. His leadership ensured exemplary board and committee engagement, continuing the legacy of distinguished board chairs since CFOS’s founding in 1999.
CFOS is thrilled to announce Chris Corallo as the new Chairman of its Board of Directors, effective July 1. Corallo has been a valued board member since 2012, contributing significantly as Treasurer and Assistant Treasurer. As the Chief Financial Officer at Mid-Hudson Valley Federal Credit Union, Corallo brings a wealth of expertise in finance, human resources, and operations. Along with his wife Sharon and their children, he gives back to the community and improves the lives of those around them.
“Rich Shapiro’s strategic leadership has helped take the Foundation to new heights over the past two years,” said Elizabeth Rowley, CFOS President and CEO. “I’m excited for more growth and innovation under Chris Corallo’s leadership and deeply appreciate his commitment to stepping up as Chair for the next two years.”
After years of dedicated service and invaluable contributions, RJ Smith and Jerry Jacobowitz, Esq. esteemed members of the CFOS Board, are retiring and stepping into Emeriti positions. Their tenure on the board has been marked by unwavering commitment and remarkable achievements that have significantly shaped the organization. RJ Smith and Jerry Jacobowitz have played pivotal roles, and their insights, leadership, and collaboration have guided the Foundation’s mission and helped steer its direction.
“RJ Smith and Jerry Jacobowitz, Esq. have been instrumental in the organization’s growth and success,” said Elizabeth Rowley, CFOS President and CEO. “As they transition to their Emeriti roles, we are excited to continue benefiting from their wisdom and experience in an advisory capacity.”
CFOS is pleased to welcome Marcia Jacobowitz, Esq. as the newest member of CFOS’s Board of Directors.