The Buhl Foundation, one of Pittsburgh’s most historically significant philanthropies, has named Diana Bucco as its next president.

She is currently a vice president at the foundation created in 1927 with a fortune left by North Side department store magnate Henry Buhl Jr.

Bucco will succeed Frederick Thieman, 64, who will take a newly created position based at the foundation, the Henry Buhl Jr. Attorney for Western Pennsylvania who has run the Buhl Foundation since 2007, will work with leaders of business, foundations, government and others in the community to address critical regional problems and initiatives.

And we’re providing an opportunity for Fred to still be at the foundation in a role that allows him to convene different leaders and get his arms around real problems and opportunities in the city.”

Among the grants it made last year was $25,000 to Neighborhood Allies, a nonprofit community development agency, to help fund a new Financial Opportunity Center at Northside Common Ministries.

Talia Piazza, program manager for communications and marketing at Neighborhood Allies, said that in leading the foundation’s conversations with North Side residents and neighborhood leaders, Ms.

Grant Oliphant, president of the Heinz Endowments, now the second-largest foundation in the city behind the Richard King Mellon Foundation, said the Buhl Foundation’s decision to keep Mr.