Ruth Salzman

Ruth Salzman

Ruth Salzman is the CEO of The Russell Berrie Foundation, a mid-sized private foundation based in New Jersey, a position she was named to in 2008. The Berrie Foundation supports the Naomi Berrie Diabetes Center at Columbia University Medical College, as well as projects in Northern NJ and in Israel. Previously, she was the Principal of Ruth Salzman Consulting, a New York based firm advising nonprofit organizations, community development financial institutions (CDFIs) and funders on issues of business strategy and financial structuring. Prior to launching RSC she held the position of Senior Vice President of Commercial Lending & Investing within the Community Development Group of JPMorgan Chase. In this capacity she managed the non-real estate business sectors of CDG, lending to nonprofit organizations, small businesses, and community development financial intermediaries. Ms. Salzman also initiated and managed the socially responsible investing program at JPMC. In aggregate these activities resulted in over $1 Billion being provided, through loans and investments, to customers that the bank’s mainstream business units did not reach. Previously she was Team Leader of the Middle Market Banking team providing lending and noncredit services to major nonprofit organizations based in the New York area. Ms. Salzman came to JPMC following four years with Citibank, and had served as a consultant with Martin E. Segal Co., working with managed care organizations undergoing the Federal HMO qualification process. Ms. Salzman earned an MBA at The Wharton School, and holds a BA from Brooklyn College. She serves on the board of two New York based CDFIs, Primary Care Development Corporation (PCDC) and the Nonprofit Finance Fund (NFF). She was named a 2000 – 2001 David Rockefeller Fellow by Partnership for New York City. She has served as the Expert Advisor on Traditional Banking to the Catherine D. Reynolds Program of Social Entrepreneurship at NYU’s Wagner School and participated as a judge in the graduate Fellows selection process. Ms. Salzman is a member of the Advisory Committee of the Center for Community Development Investments of the San Francisco Federal Reserve Bank and a member of the Finance and Investment Committee of the Wharton Health Care Management Alumni Association.