15
Mar

LINCOLN FOUNDATION ANNOUNCES RETIREMENT OF LARRY MCDONALD, PRESIDENT AND NAMES HIS SUCCESSOR

Louisville, KY March 15, 2019 – Lincoln Foundation Board of Trustees announces the retirement of President Larry M. McDonald from Lincoln Foundation. McDonald served the organization as a volunteer beginning in 1985 and became a trustee in 1997.  McDonald assumed the president role in 2001, transitioning from the Vice Chair of the Board of Trustees. Lincoln Foundation’s mission is to provide educational enrichment programs that develop and support youth in overcoming barriers to achievement. The signature Whitney M. YOUNG Scholars Program® was founded by Dr. Samuel Robinson, President Emeritus. McDonald leaves Lincoln Foundation with an exemplary track record of expanding the Scholars Program, doubling the net assets, growing investment/endowment assets, and facilitating educational programs that have enabled thousands of students to become self-sufficient by obtaining their high school and college education.   His leadership enabled the renovation of the Whitney M. Young, Jr. Birthplace, a National Historic Landmark, and Lincoln Institute Alumni Center on the historic campus in Simpsonville, Kentucky.

McDonald indicated to Lincoln Foundation’s Board of Trustees his retirement timeline several years ago.  Trustees developed a succession plan in 2018 and facilitated a national search for the next president. 

The Board of Trustees is pleased to introduce Marshall Bradley, Jr., as Lincoln Foundation’s next President effective April 1, 2019.  Bradley comes to Lincoln Foundation after serving as Senior Vice President for Old National Bank since 2006 and on the bank’s foundation board investment and grants committees.  Prior to Old National Bank, Marshall was Senior Vice President with both Chase (formerly Liberty) Bank and National City Bank.  

Marshall Bradley has extensive civic leadership experience having served four terms on Lincoln Foundation’s Board of Trustees, including serving as treasurer. Most recently he has served in an ad hoc capacity on the foundation’s finance committee and as a co-chair of the capital campaign committee.  Bradley also has been involved with the Community Foundation of Louisville where he served as board chair, and he currently serves as treasurer of the St. Matthews Fire District Board. Marshall served as board chair at Meredith-Dunn School and was a member of the Portland Neighborhood House and Walden Theatre boards. Marshall Bradley is a native of Louisville and earned a Bachelor of Arts in Business Administration and MBA from Bellarmine University.

“The Board of Trustees believes that Marshall’s long affiliation with the Lincoln Foundation and his excellent business background make Bradley the right person to follow Larry’s exemplary leadership,” says Board Chair Daryl Williams.  Larry McDonald stated, “It has been my honor and privilege to serve as the leader of this great organization. I am pleased to pass the torch to Marshall who will lead Lincoln Foundation to the next level on behalf of our very deserving youth.”

McDonald will remain with Lincoln Foundation, for the time required, to ensure a smooth transition.