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Tuesday, April 29, 2003

CSF Finalizes Board

by: Sean Hanna, Editor in Chief

The College Savings Foundation (CSF), a trade group for the 529 plan industry, formally named its board of directors today. Charles Toth, director, education savings, Merrill Lynch, chairs the board of the Washington, DC-based foundation. Eric Nottonson, vice president at Fidelity Investments is the vice chairman. Other key members are William Raynor, vice president & director of education savings and sales at AIM Investments who is the foundation's secretary and its treasurer is Sarah Henriksen, director, education planning at Strong Financial.

The CSF is planning to lobby at the state level to support tax policies that provide equal treatment to all 529 savings programs as well as encouraging the ongoing federal tax-free status of qualified distributions, said Nottonson.

Nine more 529 program sponsors sit on the foundation board. They are:

  • William Burrow, Senior Vice President & General Manager, U.S. College Savings, Manulife
  • Ralph Constantino, Chief Executive Officer, Schoolhouse Capital
  • Richard Davies, Executive Vice President, Alliance Fund Distributors, Inc.
  • David DiOrio, Vice President & Director of Education Strategies Group, Morgan Stanley
  • David Larrabee, Senior Vice President, American Century Investments
  • Thomas McConnell, Senior Vice President, Delaware Investments
  • Daniel Reinhold, Senior Vice President, Franklin Templeton Investments
  • Kevin Whitehead, Director of College Planning, Enterprise Capital Management
  • Donna Winn, Senior Vice President, Oppenheimer Funds  

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