Ronald Ancrum to lead Community Foundation of Western Massachusetts
The 59-year-old Connecticut native becomes president of the Community Foundation of Western Massachusetts July 15, and he is excited about the opportunity."We're starting with a solid foundation," said Ancrum, who was unanimously elected last week by the foundation's trustees to succeed Kent W. Faerber, the foundation's president for more than 10 years.
Ancrum has a positive outlook despite the Springfield-based foundation's assets having dropped from $126 million to $90 million in the past year, mostly because of the impact of the stock market meltdown.
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