Scranton Area Community Foundation President and CEO Appointed to ECAC The Federal Reserve Bank of Philadelphia announced this week the appointment of Laura Ducceschi, President and CEO of the Scranton Area Community Foundation, as one of four new members to its Economic and Community Advisory Council (ECAC).The Federal Reserve Bank of Philadelphia’s Economic and Community Advisory Council (ECAC) informs the Bank’s senior leadership of emerging trends, issues, and market conditions that impact monetary policy within the Third Federal Reserve District and across the country. The Council is comprised of members from both the private and public sectors throughout PA, NJ, and DE, and fosters greater integration to encourage economic growth.Ducceschi was asked to serve on the Council because of her deep understanding of issues impacting economic mobility, including community revitalization, workforce development, transportation, and housing, and her commitment to bringing together diverse groups and forging cross-sector partnerships to address regional challenges. Noted as of particular value to the Council is Ducceschi’s focus on developing responsive programs and using resources in innovative ways to advance inclusive growth across Northeastern Pennsylvania, as well as the knowledge she will bring on emerging trends in philanthropic giving and on a community foundation’s role in being a community catalyst. She will serve a three-year term. Ducceschi has been president and chief executive officer of the Scranton Area Community Foundation since 2012. She manages over 320 charitable funds and four foundations with more than $90 million in total assets. Ducceschi has also spearheaded many initiatives, including NEPA Moves with the Philadelphia Fed, NEPA Thrives, Women in Philanthropy, and NEPA Gives, a 24-hour regional giving day in northeastern Pennsylvania.There are 14 members of the Economic and Community Advisory Council. In addition to Ducceschi, the Federal Reserve Bank of Philadelphia has also appointed Ken Kaiser, senior vice president and chief operating officer of Temple University; Jesse McCree, chief executive officer of SCPa Works; and Leslie Smallwood-Lewis, chief operating officer and cofounder of Mosaic Development Partners.A press release from The Federal Reserve Bank of Philadelphia indicates that they help formulate and implement monetary policy; supervise state member banks, bank holding companies, and savings and loan holding companies; and provide financial services to depository institutions and the federal government. It is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.For additional information on the ECAC, visit https://www.philadelphiafed.org/our-people/advisory-councils/ecac.
SACF Laura Ducceschi Named to City & State’s 2022 Nonprofit Power 100 List The Scranton Area Community Foundation today announced that President and CEO, Laura Ducceschi, has been named to City & State’s 2022 Nonprofit Power 100 List. The statewide nonprofit power list recognizes the most influential public officials, philanthropic leaders, and executives leading the sector throughout Pennsylvania over the past year. The inaugural list recognized Ducceschi and other nonprofit, philanthropic, and public officials who have had to “adapt, improvise, and overcome” to be able to effectively serve their clients and communities. City & State writes, “The organizations featured in 2022 Nonprofit Power 100 have triumphed in their efforts to provide everything from cash assistance to legal representation, food deliveries to waterways protection, despite the constraint on fundraisers, reduced government funding and declining philanthropic support.” Under Ducceschi’s leadership, the Scranton Area Community Foundation has nearly quadrupled its charitable assets under the Foundation’s management and has granted nearly $30 million in grant and scholarship funding. In addition, Laura led the foundation in the development of the COVID-19 Response Fund, one of the first in the country established by a community foundation, which quickly raised and distributed more than $1.4 million for nonprofit organizations; and NEPA Gives, which has raised nearly $3 million dollars for nonprofit organizations in only 72 hours. City & State cites, “As president and CEO of the Scranton Area Community Foundation, Laura Ducceschi oversees over 280 charitable funds and foundations with more than 90 million in assets. Under her leadership, the foundation distributes $6 million in annual grant making to support various quality-of-life programs throughout the Lackawanna County region. Ducceschi, who assumed the role 10 years ago, has spearheaded various initiatives, including a training center for nonprofit leaders, an animal welfare collaborative, and NEPA Gives, a regional fundraising partnership.” “I am honored to be named to City & State’s Power 100 Nonprofit list,” said Ducceschi. “This recognition is a testament to a visionary Board of Governors and the diligent work of the Scranton Area Community Foundation team. It is indicative of our deep respect for, and commitment to, the donors and the communities that we serve.” Ducceschi has also spearheaded Women in Philanthropy, NEPA Moves, the NEPA Learning Conference, NEPA Thrives, and other community initiatives. She also manages the NEPA Health Care Foundation and the Robert H Spitz Foundation. She has established multiple national partnerships throughout her tenure, which have brought additional resources and programs to Northeastern Pennsylvania. A trusted community partner since 1954, The Scranton Area Community Foundation works in partnership with donors to transform lives through organized philanthropy. In addition to the Scranton Area Community Foundation, other foundations included in the Power 100 Nonprofit list include William Penn, Philadelphia, Richard King Mellon, John Templeton, Pittsburgh, Delaware County, and GlaxoSmithKline, and as well as the Pew Charitable Trusts and the Heinz Endowments. A Northeastern Pennsylvania native, Ducceschi has an MBA in Organizational Management from Drexel University’s Lebow College of Business; and received a fellowship to pursue her MA in Communication from the Annenberg School of Communication at the University of Pennsylvania. She has a BA in Communication from the University of Scranton, where she graduated summa cum laude. Ducceschi is a Chartered Advisor in Philanthropy (CAP) and a Certified Fundraising Executive (CFRE). She is Certified in Change Management from Cornell University, Design Thinking from Harvard Extension, Nonprofit Board Governance Consulting from BoardSource, and Lean Six Sigma. Ducceschi received the Outstanding Fundraising Professional Award from the Association of Fundraising Professionals- NEPA Chapter; the Founder’s Award from Meals on Wheels; the Excellence in Diversity Award from Penn State University-Scranton; the Executive Mentorship Award from the Allan P Kirby Center at Wilkes University; and was recognized as a top 25 Women in Business from the NEPA Business Journal. She is a member of the Geisinger Advisory Board, a Trustee of the Schwartz-Mack Foundation, and a Trustee on the Scranton Life Board.
