In October 2018, Andrea Levere announced her decision to step down as President of Prosperity Now. The Board of Directors have selected Gary Cunningham as the next President of Prosperity Now to begin in August 2019. At that time Andrea will assume the title of President Emerita.
Prosperity Now will be celebrating Andrea’s 27-year tenure, first on staff and then as our chief executive throughout the Summer. Join us by honoring Andrea and a new era of prosperity and equity here.
Andrea Levere has led Prosperity Now (formerly CFED) as its president since 2004. Prosperity Now is a private nonprofit organization with the mission of ensuring that everyone has the opportunity to gain financial stability, build wealth and achieve prosperity.
Prosperity Now designs and operates major national initiatives that aim to integrate financial capability services into systems serving low-income people, build assets and savings, and advance research and policies that expands economy mobility for all. It operates the Prosperity Now Community, comprised of nearly 24,000 members who advocate for asset-development and protection policies It operates the Racial Wealth Divide initiative to strengthen the capacity of nonprofits of color and advance policies that promote racial equity.
In 2013 President Obama appointed Ms. Levere to the National Cooperative Bank’s (NCB) Board of Directors to represent the interests of low-income consumers. In 2017, Ms. Levere was appointed to the Community Advisory Council of the Federal Reserve System and served as Vice Chair in 2018 and will be Chair in 2019. She has been the Chair of ROC USA (Resident Owned Communities USA), a national social venture that converts manufactured home parks into resident owned cooperatives since its founding in 2008. She is also member of the FDIC’s Committee on Economic Inclusion, and Morgan Stanley’s Community Development Advisory Board.
Ms. Levere holds a bachelor’s degree from Brown University and an MBA from Yale University.