Luis Antonio Ubiñas (born 1963) is an American investor, businessman and nonprofit leader.[1] He served as the president of the Ford Foundation from 2008 through 2013. Prior to joining the Ford Foundation, he had an 18-year career as a senior partner at McKinsey & Company.[2] He is currently on the board of several public and private corporations, including Electronic Arts, where he is Lead Director and chair of the Nominating and Governance Committee, ATT and Tanger. He also advises several private companies, including Ebsco, the digital information provider. Last, he is a trustee of the Mercer Funds. In the nonprofit sector, he served as president of the Board of Trustees of the Pan American Development Foundation from 2015 to 2019, serves as an Advisory Committee member for the United Nations Fund for International Partnerships, is Chairman of the Statue of Liberty-Ellis Island Foundation and serves on the Executive Committee of the New York Public Library. He is also active in the arts as a collector, donor and board member.
Ubiñas grew up in the South Bronx in New York City. His mother, a native of Puerto Rico, was a seamstress.[3] His father, also form Puerto Rico, died when Ubiñas and his four siblings were young.[4] He is an alumnus of A Better Chance, a non-profit which assists gifted young people of color attend highly-ranked secondary schools.[5] Ubiñas graduated magna cum laude from Harvard University in 1985 with a degree in government. He was a Truman Scholar. In 1989, he graduated from Harvard Business School as a Baker Scholar with highest honors.[6]
Career
Ubiñas spent eighteen years at McKinsey & Company as a consultant in the areas of telecommunications, technology and media.[1] He helped found the Media Practice at McKinsey, where as a senior partner he led the Practice on the West Coast; his work centered on the introduction and development of the underlying technologies and applications of internet technologies, both wired and wireless. Ubiñas also served as president of the Ford Foundation for six years. He is now an investor and entrepreneur.[citation needed]
Ford Foundation
Ubiñas served as president of the Ford Foundation from January 2008 through 2013. During his tenure as president, Ubiñas significantly restructured the organization. The restructuring effort focused the foundation's number of program areas from over 200 to 35, and defined eight major issues, including access to education, economic opportunity and human rights, as its core objectives.[7] Ubiñas increased the Ford Foundation's focus on social justice issues.[1] He also reinvested over 80% of the Foundation's endowment, moving its endowment performance from bottom quartile to top quartile performance among endowments over $3 billion, renovated the network of international offices and modernized the Foundation's systems. During his tenure operating costs fell 33%, while grantee satisfaction rose. Most importantly, Ubinas focused the Foundation's programs on Social Justice issues.
Restructuring during the 2008/9 financial crisis was not without controversy, since, a few months after announcing $22 million in budget cutbacks in spring 2009, Ford announced the closure of field offices in Vietnam and Russia and offered voluntary severance packages to some New York staff to trim an additional $14 million from the budget. All savings were shifted to the grantee budget, to help social justice organizations in the United States and abroad survive the financial crisis.
Pan American Development Foundation
From 2015 to 2019, Ubiñas served as the president of the Board of Trustees of the Pan American Development Foundation, an organization that works with governments, non-profit organizations and corporations to fund and administer development projects in Central and South America and the Caribbean.[8]
Other activities
Ubiñas is Chairman of the Statue of Liberty-Ellis Island Foundation and the New York Public Library, where he is a member of the Executive Committee and Chair of the Finance Committee.[9] He serves as an Advisory Committee Member for the United Nations Fund for International Partnerships which overseas the United Nations' relationships with non-governmental partners, where he is in his fourth term, appointed by two Secretaries General. He has also served on the Advisory Committee for Trade Policy and Negotiation, the Advisory Committee for the Export-Import Bank of the United States, and as Northwest Regional Chair for White House Fellows. He has held top-secret national security clearance.
In the private sector, Ubiñas is a board member of Aura Financial, which provides ethical credit to unbanked communities; GFR Media, the largest media company in Puerto Rico; and EBSCO industries, the leading provider of full text academic content to libraries, universities and private sector entities. He is a Lead Director at Electronic Arts and serves on the Boards of two other public companies: Boston Private Bank, the wealth management firm, and Tanger, the real estate investment trust. He is also a Trustee of the Mercer Funds.
Personal life
His wife, Deborah Tolman, is a developmental psychologist and a leading feminist scholar. They have two sons, Max and Ben.[10]
References
^ abcPreston, Caroline (March 6, 2013). "Ford Foundation's President to Depart in September". The Chronicle of Philanthropy. Retrieved 9 December 2015.
^Hrywna, Mark (March 5, 2013). "Ubiñas To Leave Ford Foundation In September". The Nonprofit Times. Retrieved 9 December 2015.
^. Hispanic Scholarship Fund. Archived from the original on 5 September 2015. Retrieved 9 December 2015.
^Meraji, Shereen (June 8, 2013). "Fifty Years Later, 'A Better Chance' Trains Young Scholars". National Public Radio. Retrieved November 2, 2018.
^"The Conan We Knew". www.thecrimson.com. Retrieved 2017-10-26.
^Strom, Stephanie (April 13, 2009). "New Leader Overhauls Ford Foundation". New York Times. Retrieved 9 December 2015.
^"PADF Announces Luis Ubiñas as New Board President". Reuters. Pan American Development Foundation. May 28, 2015. Retrieved 9 December 2015.[dead link]
^"Luis Ubiñas". Huffington Post. Retrieved 9 December 2015.
^Alda, Arlene (2015). Just Kids from the Bronx: Telling It the Way It Was: An Oral History. Henry Holt & Company. p. 306. ISBN9781627790963.
January 28, 2023
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Luis Antonio Ubinas born 1963 is an American investor businessman and nonprofit leader 1 He served as the president of the Ford Foundation from 2008 through 2013 Prior to joining the Ford Foundation he had an 18 year career as a senior partner at McKinsey amp Company 2 He is currently on the board of several public and private corporations including Electronic Arts where he is Lead Director and chair of the Nominating and Governance Committee ATT and Tanger He also advises several private companies including Ebsco the digital information provider Last he is a trustee of the Mercer Funds In the nonprofit sector he served as president of the Board of Trustees of the Pan American Development Foundation from 2015 to 2019 serves as an Advisory Committee member for the United Nations Fund for International Partnerships is Chairman of the Statue of Liberty Ellis Island Foundation and serves on the Executive Committee of the New York Public Library He is also active in the arts as a collector donor and board member Luis UbinasBorn1963 age 59 60 EducationHarvard University A B amp M B A Occupation s Businessman and nonprofit advisorSpouseDeborah Tolman Contents 1 Early life 2 Career 2 1 Ford Foundation 2 2 Pan American Development Foundation 2 3 Other activities 3 Personal life 4 ReferencesEarly life EditUbinas grew up in the South Bronx in New York City His mother a native of Puerto Rico was a seamstress 3 His father also form Puerto Rico died when Ubinas and his four siblings were young 4 He is an alumnus of A Better Chance a non profit which assists gifted young people of color attend highly ranked secondary schools 5 Ubinas graduated magna cum laude from Harvard University in 1985 with a degree in government He was a Truman Scholar In 1989 he graduated from Harvard Business School as a Baker Scholar with highest honors 6 Career EditUbinas spent eighteen years at McKinsey amp Company as a consultant in the areas of telecommunications technology and media 1 He helped found the Media Practice at McKinsey where as a senior partner he led the Practice on the West Coast his work centered on the introduction and development of the underlying technologies and applications of internet technologies both wired and wireless Ubinas also served as president of the Ford Foundation for six years He is now an investor and entrepreneur citation needed Ford Foundation Edit Ubinas served as president of the Ford Foundation from January 2008 through 2013 During his tenure as president Ubinas significantly restructured the organization The restructuring effort focused the foundation s number of program areas from over 200 to 35 and defined eight major issues including access to education economic opportunity and human rights as its core objectives 7 Ubinas increased the Ford Foundation s focus on social justice issues 1 He also reinvested over 80 of the Foundation s endowment moving its endowment performance from bottom quartile to top quartile performance among endowments over 3 billion renovated the network of international offices and modernized the Foundation s systems During his tenure operating costs fell 33 while grantee satisfaction rose Most importantly Ubinas focused the Foundation s programs on Social Justice issues Restructuring during the 2008 9 financial crisis was not without controversy since a few months after announcing 22 million in budget cutbacks in spring 2009 Ford announced the closure of field offices in Vietnam and Russia and offered voluntary severance packages to some New York staff to trim an additional 14 million from the budget All savings were shifted to the grantee budget to help social justice organizations in the United States and abroad survive the financial crisis Pan American Development Foundation Edit From 2015 to 2019 Ubinas served as the president of the Board of Trustees of the Pan American Development Foundation an organization that works with governments non profit organizations and corporations to fund and administer development projects in Central and South America and the Caribbean 8 Other activities Edit Ubinas is Chairman of the Statue of Liberty Ellis Island Foundation and the New York Public Library where he is a member of the Executive Committee and Chair of the Finance Committee 9 He serves as an Advisory Committee Member for the United Nations Fund for International Partnerships which overseas the United Nations relationships with non governmental partners where he is in his fourth term appointed by two Secretaries General He has also served on the Advisory Committee for Trade Policy and Negotiation the Advisory Committee for the Export Import Bank of the United States and as Northwest Regional Chair for White House Fellows He has held top secret national security clearance In the private sector Ubinas is a board member of Aura Financial which provides ethical credit to unbanked communities GFR Media the largest media company in Puerto Rico and EBSCO industries the leading provider of full text academic content to libraries universities and private sector entities He is a Lead Director at Electronic Arts and serves on the Boards of two other public companies Boston Private Bank the wealth management firm and Tanger the real estate investment trust He is also a Trustee of the Mercer Funds Personal life EditHis wife Deborah Tolman is a developmental psychologist and a leading feminist scholar They have two sons Max and Ben 10 References Edit a b c Preston Caroline March 6 2013 Ford Foundation s President to Depart in September The Chronicle of Philanthropy Retrieved 9 December 2015 Hrywna Mark March 5 2013 Ubinas To Leave Ford Foundation In September The Nonprofit Times Retrieved 9 December 2015 Luis Ubinas Hispanic Scholarship Fund Archived from the original on 5 September 2015 Retrieved 9 December 2015 Porter Brown Nell September 2012 First Generation Challenges Harvard Magazine Retrieved 9 December 2015 Meraji Shereen June 8 2013 Fifty Years Later A Better Chance Trains Young Scholars National Public Radio Retrieved November 2 2018 The Conan We Knew www thecrimson com Retrieved 2017 10 26 Strom Stephanie April 13 2009 New Leader Overhauls Ford Foundation New York Times Retrieved 9 December 2015 PADF Announces Luis Ubinas as New Board President Reuters Pan American Development Foundation May 28 2015 Retrieved 9 December 2015 dead link Luis Ubinas Huffington Post Retrieved 9 December 2015 Alda Arlene 2015 Just Kids from the Bronx Telling It the Way It Was An Oral History Henry Holt amp Company p 306 ISBN 9781627790963 Retrieved from https en wikipedia org w index php title Luis Ubinas amp oldid 1126355283, wikipedia, wiki, book, books, library,
