Greenville-based Hollingsworth Funds announced Tuesday, March 7, it has named Gage Weekes as its new president and CEO.
Weekes succeeds James W. Terry, who will transition to a part-time role as director of strategic assets in charge of investment and real estate strategies.
“Professionally and personally, now is the time for me to transition to the day-to-day leadership of Hollingsworth Funds,” Terry said in a statement. “This organization is in a strong position for the future, and I look forward to continuing my service in a more concentrated area.”
“Gage is deeply rooted in the mission and has demonstrated his ability to not only lead collaboratively, ut also to positively impact community change,” Terry added. “I’m thrilled to welcome him to the helm.”
Weekes has served as senior vice president of funds for Hollingsworth Funds for more than five years.
The organization said Weeks has led the evolution of its strategic philanthropy, focusing on a “collective, systems-level approach to enhancing the opportunities and pathways that improve economic mobility for everyone in Greenville County.”
Terry joined Hollingsworth Funds in February 2010. During his tenure, the organization’s annual philanthropic contributions to Greenville County increased from $4 million to more than $7.6 million.
“Jim has been a valuable member of the executive team and has been instrumental in advancing [Hollingsworth Funds’] mission,” said Minor Shaw, chairwoman of Hollingsworth Funds, in a statement. “We are honored to have him play a continued role in our success.”
Hollingsworth Funds is a charitable organization founded in 1976 with the vision to make Greenville County a vibrant, successful community.
Named for the late textile leader John D. Hollingsworth Jr., the fund’s stated mission is to use its “social, moral, intellectual, reputational, and financial capital to invest thoughtfully in highly effective nonprofit organizations and initiatives in Greenville County.”