The Harry and Jeanette Weinberg Foundation Appoints New Vice-President of Finance

Former Morgan Stanley VP of Finance named to newly created position

BALTIMORE, Sept. 6, 2011 /PRNewswire-USNewswire/ -- The Harry and Jeanette Weinberg Foundation, one of the largest private foundations in the United States, today announced that John F. Lingenfelter, CFA, has been appointed as Vice-President of Finance.

(Photo: http://photos.prnewswire.com/prnh/20110906/DC62323)

The newly created position is based in the Foundation's Owings Mills, Maryland, office. The Vice-President of Finance, who reports to the President and works closely with all five Foundation Trustees, is responsible for monitoring and reporting on the Foundation's financial investments.

"John is a senior leader who brings a rich background of financial experience, integrity, and strong analytical skills to our team," said Rachel Monroe, President of the Weinberg Foundation.  "His deep experience in financial management, operational, and financial reporting will greatly enhance the Foundation's role as one of the leading philanthropic institutions in the nation.  But beyond his considerable professional attributes," Monroe added, "John brings a genuine passion to be part of, and serve, the non-profit community."

Prior to joining the Weinberg Foundation, Lingenfelter was Vice-President of Finance at Morgan Stanley in Baltimore. He was also a financial consultant for Collingwood Advisors, LLC and Vice-President, Corporate Trust Services for Wells Fargo Bank.  A Maryland native, Lingenfelter earned his master's degree, with a concentration in finance, from Loyola University, The Sellinger School of Business, and his bachelor's degree in business administration from Towson University.

About The Harry and Jeanette Weinberg Foundation
The Harry and Jeanette Weinberg Foundation, one of the largest private charitable foundations in the United States, provides approximately $100 million in annual grants to nonprofits that provide direct services to economically disadvantaged people, primarily in the U.S. and Israel.  Grants are focused on meeting basic needs and enhancing an individual's ability to meet those needs with emphasis on older adults, the Jewish community, and our hometown communities of Maryland, northeastern Pennsylvania, and Hawaii. The trustees, some of whom also serve as executive officers of the Foundation, are Alvin Awaya, Judge Ellen M. Heller, Robert T. Kelly, Jr., Barry I. Schloss, and Chairman of the Board Donn Weinberg. Rachel Monroe serves as the Weinberg Foundation's President. For more information please go to www.hjweinbergfoundation.org.

Media Contact: Craig Demchak, 443-738-1159
[email protected]

SOURCE Harry and Jeanette Weinberg Foundation