Ralph Stefano

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Ralph Stefano

Ralph Stefano has been with the Foundation since 1997. He oversees the Foundation’s financial and administrative activities and, as a key member of the leadership team, provides analysis and strategy on financial and management issues related to the effective implementation of the Foundation’s grantmaking strategy.

Before joining the Foundation, he held financial management positions at both for-profit and nonprofit organizations. He has 20 years experience in the nonprofit field, including serving as Controller at Community Access, a developer and service provider of housing for homeless and mentally ill, and Veritas, an operator of community-based residential drug rehabilitation centers. He also served as Assistant Controller for the Local Initiative Support Corporation, a national housing intermediary. In addition, he has served on several nonprofit boards and volunteers for various causes.

He earned a bachelor's degree in business administration from Pace University in 1981 and is nearing completion of his MBA in Finance. He passed the CPA exam in 1990.

Latest Developments

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An Experiment in Coordinated Investment

This report describes the factors that led the EMCF to develop its Growth Capital Aggregation Pilot, highlights key aspects of this joint approach to supporting the growth and sustainability of three highly effective youth organizations, and outlines what EMCF and its co-investors hope to learn and accomplish over the next several years.

$120 Million in Growth Capital Secured to Advance Opportunities for Low-Income Youth

EMCF President Nancy Roob discusses the progress made by EMCF through its Growth Capital Aggregation Pilot, along with the nineteen co-investors and the board of directors of Nurse-Family Partnership, Youth Villages, and Citizen Schools.

In the News

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Nun's Three Transfer Schools Give Bronx, Brooklyn Students A Second Chance

New York One's feature NYer of the Week honors Good Shepherd Services Executive Director Sister Paulette LoMonaco.
May 9, 2008

Program Is 'Last Stop' for Youths Aging Out Of State Foster Care

The Memphis Commercial- Appeal highlights Youth Villages' Transitional Living Program.
May 6, 2008

City Effort Give At-Risk Teens Job Skills

The New York Daily News on Good Shepherd Services' work to help youth find meaningful employment.
April 22, 2008

For Good, Measure

A New York Times Magazine piece on efforts to measure the impact of philanthropy.
March 9, 2008

Determined to Find a New Beginning

The New York Times features the Center for Employment Opportunities (CEO).
February 17, 2008

New Fund to Help Charities Add Efficiency by Growth

The New York Times reports on the success of EMCF's pilot to raise growth capital up-front for grantees.
December 21, 2007