The regional director for the Arizona Community Foundation of Yavapai County (ACF-YC) Carol Chamberlain is retiring after serving nine years.
During her tenure at the foundation, Chamberlain has seen assets grown from $16 million to $63 million.
Such growth made it possible for the ACF-YC to fund dozens of community and organization projects through the county. Since its founding in 1993, the foundation has distributed more than $19.8 million in grants and scholarships.
Chamberlain said she was particularly proud of the collaborative partnership with the Yavapai County Education Service Agency in developing and supporting a reading program for helping third-grade students achieve fourth-grade reading levels.
When Chamberlain and her husband, Ken Mabarak, came to Prescott, they immediately became involved in community philanthropic events. She had more than 20 years of experience in nonprofit management. Many of those years were as CEO and president of the Greater Southwest Chapter of the Arthritis Foundation.
She earned an undergraduate degree from Texas Women’s University, and a master’s of nursing degree from Rush University in Chicago.
The Arizona Community Foundation of Yavapai County is a philanthropic endowment that belongs to the statewide ACF organization, which has five regional divisions. It ranks among the top 25 foundations in the nation with more than $1 billion in trusts and endowment assets.
Steve Seleznow, CEO and president of the statewide group, said the nonprofit is currently reviewing for a possible successor for Chamberlain.