Mr. Denis P. Coleman, Jr. becomes Chair of Quantum Foundation;
Mr. Daniel Alberttis joins as a new board member.
(WEST PALM BEACH, Fla.) Quantum Foundation is pleased to announce that Mr. Denis P. Coleman, Jr. will be the organization’s new chair for 2015 – 2017. He succeeds Mr. William A. Meyer who served as chair for the preceding two-year term. Mr. Coleman was formally welcomed to his new role at the foundation’s first meeting of the year by fellow board members, namely: Michael J. Dixon, Kerry A. Diaz, Jeannette M. Corbett, William A. Meyer, Donna A. Mulholland, James P. Kintz, Anthony J. McNicholas III, Stephen C. Moore, Gerald J. O’Connor, Richard M. Sussman and Ethel Isaacs Williams.
Mr. Coleman has been a board member of Quantum Foundation since 2008. He is a private investor who spent 25 years with Bear Stearns, retiring as an executive vice president as well as a member of Bear Sterns’ board of directors and its executive committee. Mr. Coleman was Consul General to Bermuda from 2002 to 2004. He was a 1967 graduate of Georgetown University and completed an MTS Degree, Summa Cum Laude, from John Paul II Institute for Studies in Marriage and Family in 2000. Mr. Coleman has served as chairman of Covenant House, as board member of Norton Museum of Art, Society of the Four Arts, Community Foundation of Palm Beach and Martin County, and as a member of the Bishop’s Finance Council for the Diocese of Brooklyn. Mr. Coleman also served as president of Town Council in Palm Beach. During the past 25 years, Mr. Coleman has been a board member of five prestigious private secondary educational institutions. He resides in Palm Beach and Southampton, New York with his wife, Annabelle.
Quantum Foundation’s board also welcomed Mr. Daniel Alberttis as a new member. Mr. Alberttis had served on the foundation’s grants committee for a year prior to being welcomed as the 13th member of the board. Mr. Alberttis is the senior banker for JP Morgan Chase’s Government and Nonprofit Business Banking division covering South Florida. He has over 20 years of financial services experience working in both business development and managerial positions. He has helped hundreds of organizations across various industries with their financial needs and is an actively engaged in the community. He completed his undergraduate degree at Lynn University and his Masters at Florida Atlantic. He lives in Palm Beach with his wife, Sandra, and three children.
Quantum Foundation is a private grantmaking organization that funds approved charities and certain government agencies serving Palm Beach County, Florida. The organization’s mission is to inspire and fund bold initiatives that improve the health of Palm Beach County. According to the latest data compiled by the Florida Philanthropic Network (FPN), Quantum Foundation is the largest Palm Beach County-based health funder with 100% of grant dollars used to support local communities. At its final board meeting of last year, held on Nov. 20th, Quantum Foundation approved six new grants totaling $1.7 million – bringing the organization’s overall investment in the county to over $7.5 million for 2014. Since Quantum Foundation began its grantmaking function in 1997, the organization has given away over $115 million to more than 450 organizations.