Canning Named CFO of the Year by St. Louis Business Journal
St. Louis Community Foundation (STLCF) Vice President and Chief Financial Officer, Dwight Canning, was presented with the St. Louis Business Journal CFO Award of the Year on Thursday, April 26, 2018. Canning was honored along with nine other financial professionals in the St. Louis region for their outstanding performance in their roles as corporate financial stewards.
Canning serves as Vice President and leads the Foundation’s human resources, information technology, risk management and facilities management. In addition, he has been key in managing the growth of the Foundation. In the past five years, STLCF’s assets have grown by 200 percent to more than $500 million and its annual grant making has quadrupled.
When Canning started at the foundation in 2004, he was responsible for overseeing the foundation’s $83 million in assets, of which donors granted roughly $9.5 million that year. Setting an all-time record, the foundation granted approximately $80 million in 2017, with 80% of funds remaining in St. Louis. The St. Louis Community Foundation has a goal of awarding $100 million annually.
Amelia Bond, President and CEO of the St. Louis Community Foundation, said Canning’s in-depth knowledge of charitable giving allows him to effectively communicate with donors and their wealth advisers, helping bring millions of new dollars to the foundation that have been made available to local nonprofits.
St. Louis Community Foundation staff congratulates Dwight Canning on this prestigious accomplishment.
Photo taken by: St. Louis Business Journal.