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The Dallas Foundation announces leadership change

The Dallas Foundation announced this week that after five years of service, President & CEO Matthew Randazzo has accepted the role of President & CEO of the Greater Cincinnati Foundation (Cincinnati, OH). In order to ensure a smooth transition for the Foundation’s board, staff, and key community stakeholders, including donors, Matthew will transition to Senior Advisor to the Interim President & CEO on May 31, 2023, a role he will hold until July 2, 2023.

Matthew joined the Foundation in 2018 after long-time President Mary Jalonick retired following 30 years of service to the organization. The milestones achieved during his leadership are many, including building off the Foundation’s first comprehensive strategic plan to grow fundholders’ capacity to make a meaningful difference, increasing diversity among the organization’s board and staff leadership, and elevating the organization’s community-wide impact to ensure individuals and families in Greater Dallas can reach their full potential.

Since 2018, the Foundation has increased its total assets by 36%, annual grantmaking by 57%, and contributions by 178%. The organization’s relocation in 2021 to the vibrant and innovative Pegasus Park campus established by Lyda Hill Philanthropies and J. Small Investments, simultaneously positioned the Foundation to serve as managing partner of the Water Cooler, the campus’ innovative hub for nonprofit organizations, which is home to 32 organizations making an impact across education reform, health care, the environment, and more.

The Board of Governors has named Julie Diaz as Interim President & CEO. Ms. Diaz most recently served as the Executive Vice President & Chief Operating Officer of the Foundation, where she played a critical role in operations and philanthropic partnerships and managed the Foundation’s dramatic increases in contributions and grantmaking. Julie embarks upon her leadership of The Dallas Foundation as the organization approaches its centennial of service to Greater Dallas in 2029.

Ms. Diaz’s career in the non-profit sector spans more than thirty-five years across a range of flagship organizations including The Perot Museum of Nature and Science, Greenhill School, SMU, The Philadelphia Orchestra, the Boston Symphony Orchestra, and WGBH Educational Foundation. She earned an MBA from Boston University and a Bachelor of Art in Arts Management from Salem College. 

No search for a permanent President & CEO was announced.

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About the author

Barbara Clark Galupi