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Two major nonprofit CEOs came back after the July 4th weekend to decleare their independence from their organizations.
Steve Gunderson, of the Council on Foundations, and Robert D. Reischauer, of the Urban Institute, announced they were stepping down from their positions. Gunderson, who was CEO for six years, announced he would be retiring effective September 1st. In an open letter on the COF website, he said it was “the right time for a transition.”
Reischauer, who lead the Urban Institute for 11 years, will step down as CEO at the end of 2011. During his tenure, the organization established the Urban-Brookings Tax Policy Center and refocused its interdisciplinary research on welfare reform for low-income working families.