San Francisco, September 15, 2011 — The Asia Foundation today announced that Mr. Philip Yun, its vice president for Resource Development, will be leaving the international development organization in October. Mr. Yun will become the Executive Director and Chief Operating Officer of the Ploughshares Fund, the largest grantmaking foundation in the U.S. dedicated exclusively to security and peace funding.
“Philip has been an integral part of our senior management team, and because of him, we are extremely well-positioned to meet the private fundraising challenges that lie ahead,” said David D. Arnold, The Asia Foundation’s president.
During his six years at The Asia Foundation, Mr. Yun has led the Foundation’s individual and private donor fundraising. Under his leadership, the organization rebuilt the private fundraising infrastructure and revitalized its individual donor base, setting new highs in contributions from individuals. Overall, the Foundation’s private fundraising for FY11 is expected to exceed $5 million, including support from foundations and corporations.
“Achieving this level of private support and broadening our philanthropic circle of friends would not have been possible without the hard work of Philip and the Resource Development team. While he will be greatly missed at the Foundation, we wish Philip only the best in his new role,” continued Mr. Arnold.
In addition to leading the Resource Development operation, Mr. Yun has significantly contributed to the Foundation’s work in Northeast Asia, in particular Japan and Korea, and has also served as the founding co-chair of the new Technology Working Group. In this capacity, Mr. Yun has been instrumental in helping the Foundation forge connections with leading technology companies in Silicon Valley.
“While this is a natural transition, I am sad to leave The Asia Foundation, the premier international non-governmental organization redefining the international development landscape,” said Mr. Yun. “I am pleased to have contributed to the organization’s strategic efforts advancing and communicating its on-the-ground impact across our 18 country offices in the Asia-Pacific region. I could not be more proud of our accomplishments, and I have every confidence in the future success of the Foundation as it continues to raise awareness in the eyes of donors and its effectiveness for grantees.”
For media inquiries, please visit the Press Room.