News

June 16, 2016

Lloyd A. Fry Foundation elects Lloyd A. Fry, III as Board Chair

The Lloyd A. Fry Foundation Board of Directors is pleased to announce the election of Lloyd A. “Chip” Fry, III as Board Chair. He succeeds Howard M. “Scott” McCue III, who served as Chair for 18 years. 

Mr. Fry is the grandson of our founder, Lloyd A. Fry Sr. and has been an officer and director of the Foundation since 1992. He worked for the Lloyd A. Fry Roofing Company, a national manufacturer of roofing products and its successor, Owens Corning Fiberglass Corporation.  Later, he began a 30 year career in nonprofit fundraising in Chicago, serving in various leadership positions at the Illinois Institute of Technology, WTTW Channel 11 and The Chicago Community Trust.  “We are looking forward to Chip's leadership of the Foundation in the coming years and we are deeply grateful for Scott's strategic development and leadership of the Foundation since its earliest days,” said Unmi Song, President of the Foundation.  Mr. McCue will continue as a Director of the Foundation.

Fry is a graduate of Drake University in Des Moines, Iowa and lives in Chicago with his wife Colleen. They have two adult children who live in the Chicago area.

 

About the Lloyd A. Fry Foundation

Education, prosperity, and hope for all. That is the vision behind the Fry Foundation’s grantmaking.  We provide support to nonprofit organizations that have the strength and commitment to improve conditions for low-income, underserved Chicago residents. Grants are awarded in four major areas: Arts Learning, Education, Employment, and Health.  Since 1983, the Foundation has awarded more than $186 million in grants to nonprofit organizations. 

In 1933, Lloyd A. Fry founded the Lloyd A. Fry Roofing Company on the Southwest Side of Chicago. During the next five decades, the company grew to become the world's largest manufacturer of asphalt roofing and allied products. The company was sold to Owens-Corning Fiberglass Corporation in 1977. In large part, the proceeds from the sale of the company now serve as the endowment of the Foundation.