BOSTON: The Eos Foundation today announced that it has hired Andrea Silbert to become its first President, to lead it in its expansion efforts to become one of the pre-eminent philanthropic players in the fight to alleviate poverty in Boston’s inner-city.
“I have spent much of my career in poverty alleviation and economic justice,” said Silbert. “This presents me with a wonderful opportunity as a social entrepreneur to leverage my past work at the Center for Women & Enterprise.”
The Eos Foundation, currently a $25 million foundation, expects to add significantly to its endowment in the next few years and hired Silbert to chart its Boston efforts. In hiring Silbert, it also hopes to serve as a catalyst to bring other foundations and successful entrepreneurs to the table in fighting poverty. One of the first projects the Eos Foundation will undertake under Silbert’s leadership is a feasibility study to consider replicating the model of the Robin Hood Foundation in New York City. Robin Hood, one of the fastest growing philanthropies in the country, is a model of “engaged philanthropy” whereby it takes a hedge fund approach to developing a portfolio of community-based organizations that it supports in its efforts to fight poverty in New York City. In 2006, Robin Hood invested $140 million dollars in 200 charities.
Facts on Andrea Silbert
Andrea Silbert is the co-founder and former CEO of the Center for Women & Enterprise which began in Roxbury and expanded to Worcester and Providence, Rhode Island. Today the Center is one of the largest women’s business centers in the county. Silbert was a candidate for Lieutenant Governor in the recent Democratic Primary. She lives in Harwich, Massachusetts with her husband Craig Caldwell and their three children. For more information, visit www.AndreaSilbert.com.