The appointment of East Bay Community Foundation President & Chief Executive Officer Nicole Taylor to the Board of Directors of the Federal Reserve Bank of San Francisco provides an opportunity for direct input to the Fed on behalf of the East Bay.

Taylor will be the second member of the nine-person board coming from the East Bay, joining Patricia Yarrington, Vice President and CEO of Chevron Corporation.  Taylor is the only member of the board bringing a perspective from the philanthropic and non-profit communities, which play significant roles in not only the economy of the East Bay but of the entire Bay Area as well.

“I am honored that I have been presented with the responsibility and opportunity to give periodic input to the Fed’s economists in San Francisco,” said Taylor.  “The work we do at the Foundation will be the basis for much of the information and perspective I provide.”

The Foundation is one of the largest sources of philanthropic support for the East Bay.  The East Bay’s robust non-profit sector, which benefits from support by the Foundation and our 500-plus donors, spends more than $2 billion a year, much of which stays in the regional economy, creating jobs and purchasing  goods and services from other nonprofit and for profit businesses.

To view the Fed’s press release announcing Taylor’s appointment, click here.  Taylor’s appointment comes less than two months after her recognition by the San Francisco Business Times as one of the Most Admired CEOs in the Bay Area.  For details, click here.