The Bush Foundation on Friday announced that Peter Hutchinson plans to step down this month from his role as president.
Hutchinson has served as president of the St. Paul-based foundation since 2007 and "led a dramatic redesign of the organization and its work," the foundation said in a news release.
Hutchinson will continue to serve in an advisory role on select foundation initiatives. "My part in leading the journey is over, but the journey will continue, and I'll help in every way I can," he said in a statement.
A transition committee is developing a search process for Hutchinson's replacement. In the interim, staff will report to Board Chair Jan Malcolm.
The Bush Foundation provides funding to many types of organizations, including units of government, for-profit companies, tribal nations, and nonprofits. Its three main areas of focus include student achievement, governance in sovereign Native American nations, and community problem-solving through leadership development and citizen engagement. The Bush Foundation is the fourth-largest private foundation in the state based on total grants paid during its most recent fiscal year, which totaled $23.1 million. The foundation has $760 million in assets.
Hutchinson on Monday explained his reason for leaving in a blog post on The Bush Foundation's Web site. He cited many of the foundation's recent successes-from fostering the development of 25,000 new teachers to the launch of the InCommons initiative, which brings together community leaders to share best practices-and said that he will continue to watch "these great strides bear fruit"-just not as president of the foundation.
"What I am best at, what I love doing, is leading an organization through change, developing powerful strategies for success, and building its capacity. . . . That part of this organization's journey is now complete," he wrote.
"If new leadership is going to succeed, old leadership needs to get out of the way so that the people in the organization and its partners can focus on the future and not the past," Hutchinson continued.
Hutchinson has held many leadership positions in the Twin Cities, including stints as Minneapolis' deputy mayor, Minnesota's commissioner of finance, superintendent of Minneapolis Public Schools, and gubernatorial candidate for Minnesota's Independence Party. He was recently selected by Twin Cities Business as one of "200 Minnesotans You Should Know." Click here to learn more about Hutchinson and his role in transforming The Bush Foundation.