Leadership Transition News from TCF

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October 04, 2012

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For Immediate Release

Mark V. Bensen, president and CEO of the Triangle Community Foundation (TCF), has resigned his position effective immediately.

“It became apparent that the TCF Board and I held widely divergent views for the future of the Foundation and the community,” said Bensen, who was appointed CEO on August 13, 2012.

Added Rick Guirlinger, chairman of the TCH board of directors, “Mark and I have agreed to make a change. We appreciate his brief tenure with us and wish him well in his future endeavors.”

Guirlinger also announced that Phail Wynn, Jr., a veteran educator and civic leader in Durham, has agreed to return as interim president and CEO on a temporary basis. Wynn is the vice president for Durham and Regional Affairs at Duke University, which he joined in 2008 after a twenty-eight year tenure as president of Durham Technical Community College. A former TCF board chairman, he previously served as interim president and CEO from May 2011 to August of this year on a pro-bono basis. This will be his arrangement once again as he works closely with the TCF senior leadership team.

“We are grateful to Phail for assisting TCF during an important time in our history,” said Guirlinger. “His devotion to TCF will ensure that we will continue to serve the public, the nonprofit community, and the fund holders who place their trust in our organization to fulfill their philanthropic goals.”

About Triangle Community Foundation
Triangle Community Foundation is a nonprofit charity that manages $145 million in funds established by families, businesses, individuals, and organizations. From these funds, it makes grants to nonprofit organizations and administers a variety of programs for the community’s benefit. The Foundation currently manages over 750 funds, ranging in size from $10,000 to $7 million, primarily for the benefit of Wake, Durham, Orange and Chatham counties. During the 2011-12 fiscal year, the Foundation granted more than $13 million to nonprofits, schools and community efforts.