Wilmington, DE – Fred C. Sears II, president and CEO of the Delaware Community Foundation (DCF), and Thomas D. Wren, chairman of the Foundation’s board of directors, have announced the appointment of Doneene Keemer Damon, a director of Richards, Layton & Finger, to the DCF board of directors. Ms. Damon will serve the remaining time on the term previously held by Norman D. Griffiths, who has retired from the board. The Delaware Community Foundation manages charitable funds for individuals, families, businesses and organizations, and distributes income from the funds as grants to nonprofit agencies throughout the First State.
With Richards Layton, Ms. Damon focuses primarily on formation and operational issues relating to Delaware statutory and common law trusts in all types of commercial and business transactions, including securitizations, structured finance, investment funds, real estate financings and trust preferred securities transactions. Working in the Trust and Agency Services Group of the firm's Business Department, Ms. Damon represents issuers, underwriters and investors. She also represents banks and trust companies in connection with their trust and agency services in a variety of commercial transactions. In addition, Ms. Damon represents health-care clients in all types of commercial and transactional matters, including the purchase and servicing of health-care receivables and the issuance of tax-exempt bonds.
Ms. Damon is a member of the Council of the Business Law Section of the American Bar Association and the Executive Committee of the Delaware State Bar Association. Very active in numerous professional and community organizations, she is a frequent lecturer and has written many articles on the role of trustees and the advantages of using Delaware statutory trusts in financing transactions.
Extending her outreach into the community, Ms. Damon serves on the boards of the Lawyers’ Committee for Civil Rights Under Law, Christiana Care Health System and Health Services, Wilmington Friends School and the Delaware Lawyer.
“It has been a pleasure to get to know Doneene through her board service for a number of well-respected nonprofit organizations in Delaware,” stated Fred Sears. “We are delighted and honored that she has agreed to add her experience and expertise to the Delaware Community Foundation’s board as well.”
- - - - -
About the Delaware Community Foundation
The Delaware Community Foundation manages charitable funds for individuals, families, businesses and organizations, and distributes income from the funds as grants to humanitarian, educational, health and cultural entities throughout the First State. With more than 1,000 funds, over $225 million in assets and annual grants of about $15 million, the Foundation provides a lasting source of charitable funding to benefit Delawareans today and for generations to come. For 25 years, the Foundation has been connecting people who care with the causes they care about, helping to make Delaware a better place to live and work. For information, please call 302.571.8004 in Wilmington or 302.856.4393 in Southern Delaware or visit www.delcf.org.