JD Shuman, president & CEO of the Asbury Foundation and CFO Andrew Jeanneret share Asbury's journey as they expand their philanthropic focus.
In this episode, host Jennifer Drago interviews JD Shuman, President and CEO of the Asbury Foundation, and Andrew Jeanneret, Chief Financial Officer at Asbury. The discussion centers around the strategic plan guiding the philanthropic efforts of the Asbury Foundation and its key areas of focus. We also discuss the role of the CFO in supporting philanthropy, both internally and externally, obstacles that Asbury has faced in expanding its philanthropic focus, and how they are overcoming these obstacles. In addition, we discuss how philanthropy is reflected in the organization’s operating budget, the metrics they use to measure philanthropic success, and their advice for senior living executives.
This episode is particularly appealing to senior living executives and individuals passionate about philanthropy, as it offers valuable insights into strategic planning for philanthropic endeavors and innovative approaches within the senior care domain.
About the Guests:
JD Schuman, President and CEO of the Asbury Foundation, is an executive-level development professional with over two decades of expertise in the senior living industry. He has extensive, successful, experience managing strategic plans, an innovative major gifts and planned giving program and overseeing capital campaigns, mentoring team members, and annual giving programs.
Prior to assuming his current role at Asbury Foundation, he dedicated a decade to the organization, eventually ascending to Vice President of Development. In 2017, JD became President of the Homewood Foundation, part of Homewood Retirement Services, where he increased annual giving to new levels. At Asbury, JD was integral to the success of such critical campaigns as the construction of the Richard D. Rife Center at Bethany Village and significant increases in philanthropic support across the Asbury system. JD has a bachelor’s degree from Strayer University. He is a Certified Fundraising Executive (CFRE) and holds certifications from the Association of HealthCare Philanthropy Madison Institute in Planned Giving, Foundation Management and Major Giving with a Campaign Focus.
Andrew Jeanneret, the Chief Financial Officer at Asbury, oversees the financial and accounting functions of the Asbury not-for-profit system and its affiliated entities. With over 30 years of experience in finance, Andrew has held senior financial and accounting positions within the healthcare, accounting, pharmaceutical, biotechnology, insurance and technology industries over the course of his career. Andrew joined Asbury from Learn It Systems, LLC, where he served as Chief Financial Officer. He was responsible for all financial functions including general accounting, revenue processing and financial analysis for a rapidly growing behavioral health and education services company.
Before joining Asbury, he served as Chief Financial Officer with Millennial Media Inc. (MM), a mobile marketing and advertising pioneer. He also served as Chief Financial Officer for Dialysis Corporation of America, as Vice President, Controller and Chief Accounting Officer at MGI Pharma (formerly Guilford Pharmaceuticals Inc.), and as Assistant Controller and Director of Treasury Services for Life Technologies, Inc. He received his bachelor’s degree in Accounting from Boston College, and his MBA in International Business and Finance from The George Washington University, and he is a Certified Public Accountant (CPA).
The Asbury ranks as the nation’s 16th largest not-for-profit senior living organization according to the LeadingAge Ziegler 200. With eight continuing care retirement communities, home care and home health care services, pharmacy and outpatient therapy management services, as well as Asbury Foundation, and ThriveWell Tech. With a workforce of approximately 2,800 associates, Asbury is dedicated to serving over 4,300 older adults in Maryland, Pennsylvania, and Tennessee.
Committed to its not-for-profit mission of service, Asbury strives to provide a home and care to all residents, even those who have outlived their financial resources. Each community also endeavors to provide additional programs and services without placing an undue burden on residents. Fulfilling these aspirations, the Asbury Foundation stands as a dependable pillar of support for each community.
You can contact Andrew on email at: firstname.lastname@example.org.