Kathleen Woit, the president of Madison Community Foundation for 15 years, announced last Tuesday that she will be retiring July next year.
During her term, the funds of the foundation have increased more than 3 folds; creating 930 funds from 15. They have helped countless organizations. She spearheaded the $23 million endowment fundraising for the Great Performance Fund for the Overture Center’s resident companies.
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Nonprofit impact investing firm, Acumen, has invested $1.2 million to KZ Noir, a Rwanda-based coffee processing company owned by Kaizen Venture Partners. The investment will equip KZ Noir the funds for working capital, debt refinancing, and capacity expansion.