COLUMBUS, Ind. – Tracy Souza, President and CEO of Heritage Fund, has announced she will retire in mid-July after 14 years of guiding the community foundation.
Souza began work at Heritage Fund in 2011, succeeding Sherry Stark, as only the fourth person to lead the organization in its nearly 50-year history:
- Ed Sullivan 1979-1996
- Chuck Watson 1996-1999
- Sherry Stark 1999-2011
- Tracy Souza 2011-2025
Before joining Heritage Fund, Souza retired from Cummins after 32 years in a variety of roles, including human resources, executive and college recruiting, public relations, Corporate Responsibility, and ending her career in 2011 as president of Cummins Foundation. In addition, she has served on numerous philanthropic boards at the local, state, and national levels.
Under her leadership, Heritage Fund has grown from $50 million to more than $111 million in charitable assets managed by the foundation and has awarded nearly $9 million in community grants and scholarships.
Souza praised her staff members and their collaborative spirit, saying, “We are a team. Each team member is a dedicated professional and will continue to perform their roles with professionalism, compassion, and a community-first focus. This staff is the biggest asset I can leave for the new CEO. I am proud to have worked with them and wish only good things ahead.”
The board has launched a formal search for a new president and CEO, and an announcement will be made once the process is finalized.
