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Home > Media Center > Press Releases > Gloria Reeg Joins Casey Board of Trustees

Casey Family Programs Announces Election of Gloria Reeg to Board of Trustees



Former Executive at Principal Global Investors and Russell Investment Group Brings 30 Years of Investment Management Experience to Nation’s Largest Foster Care Foundation


Date: June 7, 2005

Contact:
Media@Casey.org

SEATTLE –  Casey Family Programs, the nation’s largest foundation dedicated solely to providing and improving—and ultimately preventing the need for—foster care, announced the election of Gloria Reeg to its board of trustees. 

Reeg is a senior investment professional with global institutional investment management experience.  Most recently Reeg was Executive Director for Principal Global Investors.  From 1992 to 2000 she served as Managing Director of Global Consulting for Russell Investment Group.  In addition, Reeg has served as a board member for a number of boards since 1990 and worked with high level board and board committees since 1985 in the not-for-profit, corporate and public sectors.

“Gloria Reeg brings extensive investment and financial management experience that is essential to the viability of our organization and we are fortunate to have her on the Casey team,” said Board Chair Gary R. Severson. “We look forward to using Gloria’s knowledge of the global institutional investment area to help us better leverage our strategic financial planning so that we can better serve the needs of children and families involved in the foster care system throughout this country.”

Casey Family Programs has a presence in ten states across the country and collaborates with foster, kinship and adoptive parents to provide safe, permanent and loving families for youth in foster care. The foundation also works with counties, states, and American Indian and Alaska Native tribes to improve services and outcomes for the more than 500,000 young people in out-of-home care. The foundation is especially committed to working with youth over the age of 11 because they and their siblings may have fewer opportunities in the public child-welfare system for placement in foster families and for adoption.

“I am thrilled to be working with such a progressive foundation that has for nearly 40 years focused on providing and improving foster care for the more than 800,000 children who are part of the system every year,” said Reeg. And, I’m especially proud of their goal to ultimately prevent foster care.”


About Casey Family Programs
Casey Family Programs is the largest national operating foundation whose sole mission is to provide and improve – and ultimately prevent the need for – foster care. The foundation draws on over 40 years of experience and expert research and analysis to improve the lives of children and youth in foster care in two important ways: by providing direct services and support to foster families, and by promoting improvements in child welfare practice and policy. The Seattle-based foundation was established in 1966 by UPS founder Jim Casey, and has a current endowment of more than $2.2 billion.

 

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