The Federal Reserve Bank of San Francisco
   
Past Events
Center for Community Development Investments

Community Development Finance Summit
Strategies to Respond to the Economic Crisis

Federal Reserve Board of Governors
Thursday, May 28, 2009

Debra D. Schwartz
Director, Program-related Investments, John D. and Catherine T. MacArthur Foundation
Debra Schwartz is Director of Program-related Investments (“PRIs”) for the John D. and Catherine T. MacArthur Foundation, an international, independent, grantmaking institution headquartered in Chicago.  PRIs are below-market loans and investments made for charitable purposes.  Under Schwartz’s leadership, the Foundation has tripled its commitment to this innovative form of philanthropy, allocating $300 million to a self-financing portfolio that supports community development and affordable housing across the United States. Before coming to MacArthur in 1995, Schwartz was chief financial officer for a child welfare agency in Chicago.  From 1987 to 1992 she was a public finance investment banker at John Nuveen & Co.  Schwartz is a past presidential appointee to the United States Treasury Department Community Development Advisory Board and a founding member of the PRI Makers Network steering committee.  Currently a Lecturer at the University of Chicago, Schwartz graduated from Yale University and earned a Master’s degree from the Kellogg School of Management at Northwestern University.  

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