Joseph M. Lumarda, M.B.A., has been a director on the Board of The California Wellness Foundation since September 2014 and was elected to vice chair in December 2016. Lumarda is senior vice president and investment counselor for Capital Group Private Client Services and a vice president of Capital Guardian Trust Company, a Nevada Corporation. Capital Group Private Client Services provides investment management and financial planning services for individuals, families, trusts, foundations and nonprofit institutions.
Prior to joining Capital, Lumarda spent 16 years at the California Community Foundation in the roles of program officer, vice president for development, executive vice president and chief operating officer. During that time, he also served as an independent director for Capital Research and Management Company’s Endowment funds, a series of investment portfolios designed exclusively for nonprofit organizations. Before that, he spent three years on active duty and five years in the reserves with the U.S. Navy as a lieutenant and naval flight officer on the P3 Orion anti-submarine warfare aircraft.
Lumarda earned a bachelor’s degree in philosophy from Saint John’s Seminary College and a master’s degree in business administration from Claremont Graduate University’s Peter F. Drucker and Masatoshi Ito Graduate School of Management. He is the board chair of the Center for Nonprofit Management, and a member of the boards of Southern California Grantmakers, Asian American and Pacific Islander Legal Center, Give2Asia, Drucker Institute, Pasadena Child Health Foundation and Saint Joseph Healthcare Foundation.
Watch our video interview with Lumarda by visiting our Sound Bites section.