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History of The California Endowment

History of The California Endowment

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Published by Retiremap
This account of the history of the creation of The California Endowment, from 1996-2001, was compiled over several months in early 2003 and is based on more than a dozen interviews with directors, former directors, and staff members of The California Endowment, all of whom had lived through the events described.
This account of the history of the creation of The California Endowment, from 1996-2001, was compiled over several months in early 2003 and is based on more than a dozen interviews with directors, former directors, and staff members of The California Endowment, all of whom had lived through the events described.

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Published by: Retiremap on Aug 09, 2013
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10/01/2013

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Preserving Trust
Creating the California Endowment, 1996-2001
Tony Proscio
July 1, 2003
 
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Preface & Acknowledgments
In the early 1960s Phil Graham, then publisher of 
 Newsweek 
, described journalism as“the first rough draft of history.” At best, this paper is something like a second draft — more extensively researched than a typical news story, and filtered through morehindsight than is possible for most reporters, but not yet a definitive historical work. Thatwill have to await the judgment of several more years.This account was compiled over several months in early 2003 and based on more than adozen interviews with directors, former directors, and staff members of The CaliforniaEndowment, all of whom had lived through the events described. The organization of thestory, the occasional passages of synthesis or interpretation, and the tentative lessons atthe end are mainly the author’s, and do not necessarily reflect the views of any givensource. For the rest, however, credit is owed entirely to the people who shared their memories and observations, scoured old files and date-books for forgotten details, andreflected (often with remarkable self-scrutiny) on a time of intense pressure and hardwork extending over many years.This paper was commissioned by the Endowment’s board of directors and guided by JulieTugend, senior vice president and chief operating officer, and Ann-Marie Jones, her special assistant, both of whom went to considerable trouble in gathering documents andsuggesting sources of perspective and information. Four board members providedgenerous help, over many hours and sometimes days, in reviewing drafts, supplyingarchival information, and hunting down missing facts. Richard S. Atlas, Sherry Hirota, E.Lewis Reid, and Robert K. Ross all offered detailed recollections, analysis, andclarification of technical information, without which many sections of this paper wouldhave been less complete, some of them less accurate, and a few of them omitted entirely.Chief Financial Officer Rakesh Varma and Comptroller Irene Lem managed to translatecomplex data on annual distributions and payout requirements into commendably clear,understandable summaries. Details on grantmaking came particularly from MitchellSinger, senior program associate, and Rebecca Martin, director of grants administration.Celia Lombard, manager of board relations, and Sue Nowland, board liaison, providedminutes and other information on meetings of the board and its committees. ExecutiveAssistants Jeanne Marie Dubaich and Hina Chauhan organized the interviews andmaintained a steady flow of information among the many participants.The completeness of the final product is due primarily to the exceptional care andattention to detail with which the Endowment’s staff and directors have preserved itsrecords, correspondence, and other historical documents. The integrity of the institutional

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