Joseph M. Lumarda, M.B.A., has been a director on the Board of The California Wellness Foundation since September 2014. He served as vice chair in 2016-2017 and was elected chair in December 2018. Lumarda is senior vice president and investment counselor for Capital Group Private Client Services, which 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 currently on the board of Southern California Grantmakers, the Los Angeles Natural History Museum and the Saint Joseph Health System Foundation.